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SUNF

Sunflag Iron and Steel NSEI:SUNFLAG Stock Report

Last Price

₹81.85

Market Cap

₹14.8b

7D

0.7%

1Y

0.6%

Updated

28 Jun, 2022

Data

Company Financials
SUNFLAG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

SUNFLAG Stock Overview

Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India.

Sunflag Iron and Steel Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sunflag Iron and Steel
Historical stock prices
Current Share Price₹81.85
52 Week High₹136.85
52 Week Low₹57.10
Beta0.75
1 Month Change-13.34%
3 Month Change27.99%
1 Year Change0.55%
3 Year Change124.55%
5 Year Change121.82%
Change since IPO247.56%

Recent News & Updates

May 12
Here's Why I Think Sunflag Iron and Steel (NSE:SUNFLAG) Is An Interesting Stock

Here's Why I Think Sunflag Iron and Steel (NSE:SUNFLAG) Is An Interesting Stock

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Apr 21
The Returns At Sunflag Iron and Steel (NSE:SUNFLAG) Aren't Growing

The Returns At Sunflag Iron and Steel (NSE:SUNFLAG) Aren't Growing

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...

Shareholder Returns

SUNFLAGIN Metals and MiningIN Market
7D0.7%0.3%1.8%
1Y0.6%-17.4%0.6%

Return vs Industry: SUNFLAG exceeded the Indian Metals and Mining industry which returned -19.6% over the past year.

Return vs Market: SUNFLAG matched the Indian Market which returned -0% over the past year.

Price Volatility

Is SUNFLAG's price volatile compared to industry and market?
SUNFLAG volatility
SUNFLAG Average Weekly Movement12.9%
Metals and Mining Industry Average Movement7.7%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: SUNFLAG is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: SUNFLAG's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19841,098Pranav Bhardwajhttps://www.sunflagsteel.com

Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India. The company offers bearing, cold forging, engine valve, micro alloyed, forging, free and semi-free cutting, stainless, spring, and tool steels, as well as carbon, valve, alloy, cold heading, and high strength steel; and forging ingots and super alloys. It also provides round bars, round cornered squares in straight bars, round and hexagonal wire rods, and hexagonal and flat sections straight bars, as well as bright bars, such as peeled/drawn/ground bars.

Sunflag Iron and Steel Fundamentals Summary

How do Sunflag Iron and Steel's earnings and revenue compare to its market cap?
SUNFLAG fundamental statistics
Market Cap₹14.77b
Earnings (TTM)₹2.17b
Revenue (TTM)₹26.98b

6.8x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SUNFLAG income statement (TTM)
Revenue₹26.98b
Cost of Revenue₹16.41b
Gross Profit₹10.57b
Other Expenses₹8.40b
Earnings₹2.17b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)12.04
Gross Margin39.17%
Net Profit Margin8.04%
Debt/Equity Ratio30.2%

How did SUNFLAG perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SUNFLAG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 SUNFLAG?

Other financial metrics that can be useful for relative valuation.

SUNFLAG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SUNFLAG's PE Ratio compare to its peers?

SUNFLAG PE Ratio vs Peers
The above table shows the PE ratio for SUNFLAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.3x
500460 Mukand
8.6xn/a₹15.3b
533047 Indian Metals and Ferro Alloys
2.9xn/a₹14.6b
500235 Kalyani Steels
5.1xn/a₹12.5b
513097 Shivalik Bimetal Controls
28.7xn/a₹15.8b
SUNFLAG Sunflag Iron and Steel
6.8xn/a₹14.8b

Price-To-Earnings vs Peers: SUNFLAG is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (11.3x).


Price to Earnings Ratio vs Industry

How does SUNFLAG's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

Price-To-Earnings vs Industry: SUNFLAG is good value based on its Price-To-Earnings Ratio (6.8x) compared to the Indian Metals and Mining industry average (12.4x)


Price to Earnings Ratio vs Fair Ratio

What is SUNFLAG'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.

SUNFLAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SUNFLAG's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SUNFLAG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SUNFLAG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SUNFLAG's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SUNFLAG's PEG Ratio to determine if it is good value.


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Future Growth

How is Sunflag Iron and Steel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-13.2%

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 Sunflag Iron and Steel 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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  • Examine Sunflag Iron and Steel's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Sunflag Iron and Steel competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Sunflag Iron and Steel performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


27.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SUNFLAG has a high level of non-cash earnings.

Growing Profit Margin: SUNFLAG's current net profit margins (8%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: SUNFLAG's earnings have grown significantly by 27.4% per year over the past 5 years.

Accelerating Growth: SUNFLAG's earnings growth over the past year (54.3%) exceeds its 5-year average (27.4% per year).

Earnings vs Industry: SUNFLAG earnings growth over the past year (54.3%) underperformed the Metals and Mining industry 76.9%.


Return on Equity

High ROE: SUNFLAG's Return on Equity (12.4%) is considered low.


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Financial Health

How is Sunflag Iron and Steel's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SUNFLAG's short term assets (₹13.4B) exceed its short term liabilities (₹8.8B).

Long Term Liabilities: SUNFLAG's short term assets (₹13.4B) exceed its long term liabilities (₹4.6B).


Debt to Equity History and Analysis

Debt Level: SUNFLAG's net debt to equity ratio (26.3%) is considered satisfactory.

Reducing Debt: SUNFLAG's debt to equity ratio has reduced from 46.5% to 30.2% over the past 5 years.

Debt Coverage: SUNFLAG's debt is not well covered by operating cash flow (8.2%).

Interest Coverage: SUNFLAG's interest payments on its debt are well covered by EBIT (7.6x coverage).


Balance Sheet


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Dividend

What is Sunflag Iron and Steel current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SUNFLAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SUNFLAG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SUNFLAG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SUNFLAG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: SUNFLAG is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SUNFLAG has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Pranav Bhardwaj (47 yo)

6.83yrs

Tenure

₹36,586,466

Compensation

Mr. Pranav Ravi Bhardwaj has been the Managing Director at Sunflag Iron And Steel Company Limited since August 12, 2015. Mr. Bhardwaj served as Joint Managing Director of Sunflag Iron And Steel Company Lim...


CEO Compensation Analysis

Compensation vs Market: Pranav's total compensation ($USD466.49K) is above average for companies of similar size in the Indian market ($USD193.39K).

Compensation vs Earnings: Pranav's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SUNFLAG's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: SUNFLAG's board of directors are considered experienced (5.4 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

Sunflag Iron and Steel Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sunflag Iron and Steel Company Limited
  • Ticker: SUNFLAG
  • Exchange: NSEI
  • Founded: 1984
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ₹14.769b
  • Shares outstanding: 180.22m
  • Website: https://www.sunflagsteel.com

Number of Employees


Location

  • Sunflag Iron and Steel Company Limited
  • 33 Mount Road
  • Sadar
  • Nagpur
  • Maharashtra
  • 440001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.