VA Tech Wabag Limited, together with its subsidiaries, engages in the design, supply, installation, construction, and operational management of drinking water, waste and industrial water treatment, and desalination plants in India and internationally. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has VA Tech Wabag's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WABAG is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: WABAG's weekly volatility (7%) has been stable over the past year.
7 Day Return
IN Water Utilities
1 Year Return
IN Water Utilities
Return vs Industry: WABAG exceeded the Indian Water Utilities industry which returned -10.3% over the past year.
Return vs Market: WABAG exceeded the Indian Market which returned 67.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is VA Tech Wabag's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDoes This Valuation Of VA Tech Wabag Limited (NSE:WABAG) Imply Investors Are Overpaying?
1 month ago | Simply Wall StAnnouncing: VA Tech Wabag (NSE:WABAG) Stock Increased An Energizing 176% In The Last Year
2 months ago | Simply Wall StHas VA Tech Wabag (NSE:WABAG) Got What It Takes To Become A Multi-Bagger?
Is VA Tech Wabag undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WABAG (₹240.45) is trading below our estimate of fair value (₹248.85)
Significantly Below Fair Value: WABAG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WABAG is poor value based on its PE Ratio (14.4x) compared to the XA Water Utilities industry average (13.9x).
PE vs Market: WABAG is good value based on its PE Ratio (14.4x) compared to the Indian market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: WABAG is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: WABAG's PB Ratio (1x) is in line with the XA Water Utilities industry average.
How is VA Tech Wabag forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WABAG's forecast earnings growth (29.7% per year) is above the savings rate (6.8%).
Earnings vs Market: WABAG's earnings (29.7% per year) are forecast to grow faster than the Indian market (23.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WABAG's revenue (13.9% per year) is forecast to grow faster than the Indian market (13.4% per year).
High Growth Revenue: WABAG's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WABAG's Return on Equity is forecast to be low in 3 years time (10.9%).
How has VA Tech Wabag performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WABAG has high quality earnings.
Growing Profit Margin: WABAG's current net profit margins (3.6%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: WABAG's earnings have declined by 2.5% per year over the past 5 years.
Accelerating Growth: WABAG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WABAG had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Water Utilities industry average (5.9%).
Return on Equity
High ROE: WABAG's Return on Equity (6.7%) is considered low.
How is VA Tech Wabag's financial position?
Financial Position Analysis
Short Term Liabilities: WABAG's short term assets (₹32.6B) exceed its short term liabilities (₹24.1B).
Long Term Liabilities: WABAG's short term assets (₹32.6B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: WABAG's debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: WABAG's debt to equity ratio has reduced from 38.3% to 29.6% over the past 5 years.
Debt Coverage: WABAG's debt is well covered by operating cash flow (32.7%).
Interest Coverage: WABAG's interest payments on its debt are well covered by EBIT (4.5x coverage).
What is VA Tech Wabag current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WABAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WABAG'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 WABAG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WABAG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: WABAG is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WABAG's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajiv Mittal (60 yo)
Mr. Rajiv Devaraj Mittal has been the Managing Director of Va Tech Wabag Ltd since September 27, 2000 and has been its Group Chief Executive Director since October 1, 2015 and Head of SBU MBG. Mr. Mittal h...
CEO Compensation Analysis
Compensation vs Market: Rajiv's total compensation ($USD283.16K) is about average for companies of similar size in the Indian market ($USD257.66K).
Compensation vs Earnings: Rajiv's compensation has been consistent with company performance over the past year.
Experienced Management: WABAG's management team is seasoned and experienced (5.4 years average tenure).
Experienced Board: WABAG's board of directors are considered experienced (5.9 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.7%.
VA Tech Wabag Limited's company bio, employee growth, exchange listings and data sources
- Name: VA Tech Wabag Limited
- Ticker: WABAG
- Exchange: NSEI
- Founded: 1995
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: ₹14.994b
- Shares outstanding: 62.19m
- Website: https://www.wabag.com
Number of Employees
- VA Tech Wabag Limited
- WABAG House
- Tamil Nadu
VA Tech Wabag Limited, together with its subsidiaries, engages in the design, supply, installation, construction, and operational management of drinking water, waste and industrial water treatment, and des...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 12:19|
|End of Day Share Price||2021/05/07 00:00|
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.