WABAG Stock Overview
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.
No risks detected for WABAG from our risk checks.
VA Tech Wabag Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹255.25|
|52 Week High||₹375.00|
|52 Week Low||₹216.00|
|1 Month Change||-5.32%|
|3 Month Change||7.47%|
|1 Year Change||-23.51%|
|3 Year Change||-2.22%|
|5 Year Change||-56.53%|
|Change since IPO||-24.26%|
Recent News & Updates
Capital Allocation Trends At VA Tech Wabag (NSE:WABAG) Aren't Ideal
What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysts Are More Bearish On VA Tech Wabag Limited (NSE:WABAG) Than They Used To Be
Today is shaping up negative for VA Tech Wabag Limited ( NSE:WABAG ) shareholders, with the analysts delivering a...
|WABAG||IN Water Utilities||IN Market|
Return vs Industry: WABAG exceeded the Indian Water Utilities industry which returned -27% over the past year.
Return vs Market: WABAG underperformed the Indian Market which returned -0.6% over the past year.
|WABAG Average Weekly Movement||5.0%|
|Water Utilities Industry Average Movement||4.9%|
|Market Average Movement||5.9%|
|10% most volatile stocks in IN Market||9.2%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: WABAG is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WABAG's weekly volatility (5%) has been stable over the past year.
About the Company
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. The company offers sewage treatment, drinking water treatment, effluent treatment, water recycle and reuse, desalination, wastewater treatment, and sludge treatment services for municipal and industrial users; engineering, procurement, and construction services, as well as operation and maintenance services; and financing, construction, and operation solutions for water and wastewater projects. It serves oil and gas, power plants, steel, fertilizer, food and beverage, water reclamation, industrial park, and other industries.
VA Tech Wabag Fundamentals Summary
|WABAG fundamental statistics|
Is WABAG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WABAG income statement (TTM)|
|Cost of Revenue||₹24.95b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||23.61|
|Net Profit Margin||4.97%|
How did WABAG perform over the long term?See historical performance and comparison
Is WABAG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WABAG?
Other financial metrics that can be useful for relative valuation.
|What is WABAG's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does WABAG's PE Ratio compare to its peers?
|WABAG PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
DPSCLTD India Power
517300 Gujarat Industries Power
532524 PTC India
GREENPOWER Orient Green Power
WABAG VA Tech Wabag
Price-To-Earnings vs Peers: WABAG is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (26.7x).
Price to Earnings Ratio vs Industry
How does WABAG's PE Ratio compare vs other companies in the Asian Water Utilities Industry?
Price-To-Earnings vs Industry: WABAG is good value based on its Price-To-Earnings Ratio (10.8x) compared to the Asian Water Utilities industry average (13.6x)
Price to Earnings Ratio vs Fair Ratio
What is WABAG'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.
|Current PE Ratio||10.8x|
|Fair PE Ratio||15.2x|
Price-To-Earnings vs Fair Ratio: WABAG is good value based on its Price-To-Earnings Ratio (10.8x) compared to the estimated Fair Price-To-Earnings Ratio (15.2x).
Share Price vs Fair Value
What is the Fair Price of WABAG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WABAG (₹255.25) is trading above our estimate of fair value (₹86.64)
Significantly Below Fair Value: WABAG is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is VA Tech Wabag forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WABAG's forecast earnings growth (18% per year) is above the savings rate (6.8%).
Earnings vs Market: WABAG's earnings (18% per year) are forecast to grow slower than the Indian market (18.5% per year).
High Growth Earnings: WABAG's earnings are forecast to grow, but not significantly.
Revenue vs Market: WABAG's revenue (11.1% per year) is forecast to grow faster than the Indian market (10.6% per year).
High Growth Revenue: WABAG's revenue (11.1% 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 (11.3%).
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How has VA Tech Wabag performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WABAG has high quality earnings.
Growing Profit Margin: WABAG's current net profit margins (5%) are higher than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: WABAG's earnings have grown by 0.01% per year over the past 5 years.
Accelerating Growth: WABAG's earnings growth over the past year (22.1%) exceeds its 5-year average (0.01% per year).
Earnings vs Industry: WABAG earnings growth over the past year (22.1%) exceeded the Water Utilities industry -0.5%.
Return on Equity
High ROE: WABAG's Return on Equity (9.7%) is considered low.
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How is VA Tech Wabag's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WABAG's short term assets (₹29.6B) exceed its short term liabilities (₹21.7B).
Long Term Liabilities: WABAG's short term assets (₹29.6B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: WABAG's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: WABAG's debt to equity ratio has reduced from 31.3% to 28.6% over the past 5 years.
Debt Coverage: WABAG's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: WABAG's interest payments on its debt are well covered by EBIT (11.1x coverage).
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What is VA Tech Wabag current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
|VA Tech Wabag Dividend Yield vs Market|
|Company (VA Tech Wabag)||0%|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Water Utilities)||4.5%|
|Analyst forecast in 3 Years (VA Tech Wabag)||1.7%|
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.
Earnings Payout to Shareholders
Earnings Coverage: WABAG is not paying a notable dividend for the Indian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as WABAG has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajiv Mittal (62 yo)
Mr. Rajiv Devaraj Mittal serves as Executive Chairman of VA Tech Wabag Limited since March 26, 2022. He has been the Managing Director of Va Tech Wabag Ltd since September 27, 2000 and has been its Group C...
CEO Compensation Analysis
|Rajiv Mittal's Compensation vs VA Tech Wabag Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||₹30m||₹28m|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||₹15m||₹14m|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||₹21m||₹20m|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||₹25m||₹20m|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||₹27m||₹20m|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||₹27m||₹19m|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||₹27m||₹19m|
Compensation vs Market: Rajiv's total compensation ($USD364.64K) is above average for companies of similar size in the Indian market ($USD229.70K).
Compensation vs Earnings: Rajiv's compensation has increased by more than 20% in the past year.
Experienced Management: WABAG's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: WABAG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||892||0.001%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
VA Tech Wabag Limited's employee growth, exchange listings and data sources
- Name: VA Tech Wabag Limited
- Ticker: WABAG
- Exchange: NSEI
- Founded: 1995
- Industry: Water Utilities
- Sector: Utilities
- Implied Market Cap: ₹15.874b
- Shares outstanding: 62.19m
- Website: https://www.wabag.com
Number of Employees
- VA Tech Wabag Limited
- WABAG House
- No.17,200 Feet road
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WABAG||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2010|
|533269||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2010|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/02 00:00|
|End of Day Share Price||2022/09/30 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.