BSE:517166

Stock Analysis Report

Executive Summary

SPEL Semiconductor Limited, a semiconductor assembly and test company, provides contract manufacturing services for semiconductors companies in India.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Risks

  • SPEL Semiconductor has significant price volatility in the past 3 months.
  • SPEL Semiconductor is not covered by any analysts.

Share Price & News

How has SPEL Semiconductor's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.9%

BSE:517166

0.06%

IN Semiconductor

-0.7%

IN Market


1 Year Return

-59.6%

BSE:517166

-36.9%

IN Semiconductor

-12.1%

IN Market

517166 underperformed the Semiconductor industry which returned -36.9% over the past year.

517166 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

517166IndustryMarket
7 Day-4.9%0.06%-0.7%
30 Day-4.6%-9.8%-4.6%
90 Day-37.9%-6.6%-4.3%
1 Year-59.6%-59.6%-36.9%-36.9%-10.3%-12.1%
3 Year-64.8%-64.8%-28.6%-28.6%18.9%12.8%
5 Year-63.0%-63.0%-35.5%-36.8%37.6%24.7%

Price Volatility Vs. Market

How volatile is SPEL Semiconductor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is SPEL Semiconductor undervalued based on future cash flows and its price relative to the stock market?

0.23x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for SPEL Semiconductor to establish if it is available at moderate discount.

Unable to calculate intrinsic value for SPEL Semiconductor to establish if it is available at substantial discount.


Price Based on Earnings

SPEL Semiconductor is loss making, we can't compare its value to the Asia Semiconductor industry average.

SPEL Semiconductor is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for SPEL Semiconductor, we can't assess if its growth is good value.


Price Based on Value of Assets

SPEL Semiconductor is good value based on assets compared to the IN Semiconductor industry average.


Next Steps

Future Growth

How is SPEL Semiconductor expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.5%

Forecasted Semiconductor 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 SPEL Semiconductor 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.


Next Steps

  • Take a look at our analysis of 517166’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • SPEL Semiconductor competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the semiconductors industry.

Past Performance

How has SPEL Semiconductor performed over the past 5 years?

-5.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SPEL Semiconductor does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare SPEL Semiconductor's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare SPEL Semiconductor's 1-year growth to the Asia Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if SPEL Semiconductor has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if SPEL Semiconductor has efficiently used its assets last year compared to the Asia Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if SPEL Semiconductor improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is SPEL Semiconductor's financial position?


Financial Position Analysis

SPEL Semiconductor's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

SPEL Semiconductor's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

SPEL Semiconductor's level of debt (28.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (34.6% vs 28.8% today).

Unable to verify if debt is well covered by operating cash flow as SPEL Semiconductor has not reported sufficient balance sheet data.

Unable to confirm if the interest payments on SPEL Semiconductor's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.8x debt.


Next Steps

Dividend

What is SPEL Semiconductor's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate SPEL Semiconductor's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate SPEL Semiconductor's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as SPEL Semiconductor has not reported any payouts.

Unable to verify if SPEL Semiconductor's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as SPEL Semiconductor has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of SPEL Semiconductor's salary, the management and board of directors tenure and is there insider trading?

4.9yrs

Average board tenure


CEO

D. Balakrishnan (56yo)

₹3,775,684

Compensation

Mr. D. Balakrishnan serves as the Chief Executive Officer at SPEL Semiconductor Limited. Mr. Balakrishnan has been a Whole Time Director of SPEL Semiconductor Limited since June 19, 2014. He serves as a Di ...


CEO Compensation Analysis

D.'s remuneration is higher than average for companies of similar size in India.

D.'s compensation has increased whilst company is loss making.


Board Age and Tenure

4.9yrs

Average Tenure

65yo

Average Age

The tenure for the SPEL Semiconductor board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • S. Arunachalam

    Company Secretary & Compliance Officer

    • Tenure: 3.8yrs
  • P. Balamurugan

    Associate Vice President of Operations

  • N. Chandrasekar

    Associate Vice President of Quality & Human Resources

  • D. Balakrishnan (56yo)

    CEO & Whole Time Director

    • Compensation: 3.78m
  • V. Srinivasan

    Chief Financial Officer

    • Tenure: 3.3yrs

Board Members

  • Krishnaswamy Ravikumar (70yo)

    Non Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: 70.00k
  • M. Jayasankar (84yo)

    Non Executive Independent Director

    • Tenure: 4.9yrs
    • Compensation: 77.00k
  • D. Balakrishnan (56yo)

    CEO & Whole Time Director

    • Tenure: 5.2yrs
    • Compensation: 3.78m
  • Enakshi Bhattacharya (60yo)

    Non Executive Independent Director

    • Tenure: 4.9yrs
    • Compensation: 46.00k
  • N. Suryanarayanan

    Additional Director

    • Tenure: 1.5yrs
    • Compensation: 24.00k

Company Information

SPEL Semiconductor Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SPEL Semiconductor Limited
  • Ticker: 517166
  • Exchange: BSE
  • Founded: 1984
  • Industry: semiconductors
  • Sector: semiconductors
  • Market Cap: ₹179.858m
  • Shares outstanding: 46.12m
  • Website: Click here

Number of Employees


Location

  • SPEL Semiconductor Limited
  • CMDA Industrial Estate
  • 5 Thiru Vi Ka Street
  • Chennai
  • Tamil Nadu
  • 603209
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517166BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2000

Biography

SPEL Semiconductor Limited, a semiconductor assembly and test company, provides contract manufacturing services for semiconductors companies in India. The company offers turnkey solutions, including wafer  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:37
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.