Snowflake Score | |
---|---|
Valuation | 0/6 |
Future Growth | 0/6 |
Past Performance | 5/6 |
Financial Health | 4/6 |
Dividends | 3/6 |
RKFORGE Stock Overview
Ramkrishna Forgings Limited manufactures and supplies open and closed die forgings of carbon and alloy steel, micro alloy steel, and stainless steel in India and internationally.
Ramkrishna Forgings Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | ₹163.85 |
52 Week High | ₹252.00 |
52 Week Low | ₹130.20 |
Beta | 1.11 |
1 Month Change | -1.03% |
3 Month Change | 4.10% |
1 Year Change | 23.58% |
3 Year Change | 71.25% |
5 Year Change | 52.97% |
Change since IPO | 2,039.03% |
Recent News & Updates
Ramkrishna Forgings (NSE:RKFORGE) Is Experiencing Growth In Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Shareholder Returns
RKFORGE | IN Metals and Mining | IN Market | |
---|---|---|---|
7D | 9.8% | 5.3% | 3.0% |
1Y | 23.6% | -17.4% | 0.3% |
Return vs Industry: RKFORGE exceeded the Indian Metals and Mining industry which returned -17.4% over the past year.
Return vs Market: RKFORGE exceeded the Indian Market which returned 0.6% over the past year.
Price Volatility
RKFORGE volatility | |
---|---|
RKFORGE Average Weekly Movement | 6.6% |
Metals and Mining Industry Average Movement | 7.7% |
Market Average Movement | 7.0% |
10% most volatile stocks in IN Market | 9.9% |
10% least volatile stocks in IN Market | 4.5% |
Stable Share Price: RKFORGE is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RKFORGE's weekly volatility (7%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1981 | 1,896 | Naresh Jalan | https://www.ramkrishnaforgings.com |
Ramkrishna Forgings Limited manufactures and supplies open and closed die forgings of carbon and alloy steel, micro alloy steel, and stainless steel in India and internationally. It operates in two segments, Forging Components and Others. The company offers crown wheels/ring gears; I beams, crankshafts, connecting rods, knuckles, diff cases, center wedges, steering arms, tie rod arms, pitman arms, stub axles, recondition taper stationary plates, spides/crosses, brake flanges, brackets, wheel hubs, yokes, front engine mounting arms, tooth products, hammer bars, track links, bearing caps, counterweights, and ring gear carriers; and pinions, front hubs, prop shafts, counter shafts, rear axle shafts, coupling flanges, engaging gears, CM gears, speed gears, and clutch collars.
Ramkrishna Forgings Fundamentals Summary
RKFORGE fundamental statistics | |
---|---|
Market Cap | ₹26.16b |
Earnings (TTM) | ₹1.98b |
Revenue (TTM) | ₹23.20b |
13.2x
P/E Ratio1.1x
P/S RatioIs RKFORGE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RKFORGE income statement (TTM) | |
---|---|
Revenue | ₹23.20b |
Cost of Revenue | ₹13.13b |
Gross Profit | ₹10.07b |
Other Expenses | ₹8.09b |
Earnings | ₹1.98b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 12.38 |
Gross Margin | 43.41% |
Net Profit Margin | 8.53% |
Debt/Equity Ratio | 147.5% |
How did RKFORGE perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield4%
Payout RatioValuation
Is RKFORGE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RKFORGE?
Other financial metrics that can be useful for relative valuation.
What is RKFORGE's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | ₹26.16b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.8x |
Enterprise Value/EBITDA | 8x |
PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does RKFORGE's PE Ratio compare to its peers?
RKFORGE PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 8.9x | ||
590078 Maithan Alloys | 3x | n/a | ₹24.6b |
500378 Jindal Saw | 6.2x | 25.7% | ₹25.6b |
513434 Tata Metaliks | 9x | n/a | ₹21.5b |
MIDHANI Mishra Dhatu Nigam | 17.5x | n/a | ₹30.8b |
RKFORGE Ramkrishna Forgings | 13.2x | n/a | ₹26.2b |
Price-To-Earnings vs Peers: RKFORGE is expensive based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (8.9x).
Price to Earnings Ratio vs Industry
How does RKFORGE's PE Ratio compare vs other companies in the IN Metals and Mining Industry?
Price-To-Earnings vs Industry: RKFORGE is expensive based on its Price-To-Earnings Ratio (13.2x) compared to the Indian Metals and Mining industry average (12.4x)
Price to Earnings Ratio vs Fair Ratio
What is RKFORGE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 13.2x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RKFORGE's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of RKFORGE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RKFORGE (₹163.85) is trading above our estimate of fair value (₹8.53)
Significantly Below Fair Value: RKFORGE is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RKFORGE's PEG Ratio to determine if it is good value.
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Future Growth
How is Ramkrishna Forgings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-13.1%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ramkrishna Forgings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Check out Ramkrishna Forgings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Ramkrishna Forgings competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Ramkrishna Forgings performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
16.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RKFORGE has high quality earnings.
Growing Profit Margin: RKFORGE's current net profit margins (8.5%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: RKFORGE's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: RKFORGE's earnings growth over the past year (858.1%) exceeds its 5-year average (16.8% per year).
Earnings vs Industry: RKFORGE earnings growth over the past year (858.1%) exceeded the Metals and Mining industry 76.9%.
Return on Equity
High ROE: RKFORGE's Return on Equity (18.4%) is considered low.
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Financial Health
How is Ramkrishna Forgings's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: RKFORGE's short term assets (₹18.1B) exceed its short term liabilities (₹14.2B).
Long Term Liabilities: RKFORGE's short term assets (₹18.1B) exceed its long term liabilities (₹9.8B).
Debt to Equity History and Analysis
Debt Level: RKFORGE's net debt to equity ratio (138.9%) is considered high.
Reducing Debt: RKFORGE's debt to equity ratio has reduced from 203.9% to 147.5% over the past 5 years.
Debt Coverage: RKFORGE's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: RKFORGE's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Dividend
What is Ramkrishna Forgings's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.49%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RKFORGE's dividend (0.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: RKFORGE's dividend (0.49%) is low compared to the top 25% of dividend payers in the Indian market (1.85%).
Stability and Growth of Payments
Stable Dividend: RKFORGE's dividend payments have been volatile in the past 10 years.
Growing Dividend: RKFORGE's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4%), RKFORGE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RKFORGE is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
9.9yrs
Average management tenure
CEO
Naresh Jalan (46 yo)
15.58yrs
Tenure
₹17,865,000
Compensation
Mr. Naresh Jalan has been Managing Director of Ramkrishna Forgings Limited since November 5, 2006 and serves as its Executive Director. He has done MBA.
CEO Compensation Analysis
Compensation vs Market: Naresh's total compensation ($USD226.12K) is about average for companies of similar size in the Indian market ($USD260.10K).
Compensation vs Earnings: Naresh's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: RKFORGE's management team is seasoned and experienced (9.9 years average tenure).
Board Members
Experienced Board: RKFORGE's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ramkrishna Forgings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Ramkrishna Forgings Limited
- Ticker: RKFORGE
- Exchange: NSEI
- Founded: 1981
- Industry: Steel
- Sector: Materials
- Implied Market Cap: ₹26.161b
- Shares outstanding: 160.01m
- Website: https://www.ramkrishnaforgings.com
Number of Employees
Location
- Ramkrishna Forgings Limited
- Ramkrishna Chambers
- 23, Circus Avenue
- Kolkata
- West Bengal
- 700017
- India
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/29 00:00 |
End of Day Share Price | 2022/06/29 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2022/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.