Financials Stovec Industries Limited

Equities

STOVACQ6

INE755D01015

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 03:30:51 10/05/2024 pm IST 5-day change 1st Jan Change
2,867 INR +8.97% Intraday chart for Stovec Industries Limited +8.85% +14.85%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,072 4,273 4,171 4,652 4,802 5,212
Enterprise Value (EV) 1 4,190 3,516 3,337 3,918 3,999 4,676
P/E ratio 15.1 x 15.3 x 31 x 15.7 x 19.4 x 57.7 x
Yield 1.65% 2.93% 1.1% 2.56% 2.04% 0.68%
Capitalization / Revenue 2.6 x 2.21 x 2.78 x 1.99 x 2.04 x 2.51 x
EV / Revenue 2.15 x 1.82 x 2.22 x 1.68 x 1.7 x 2.26 x
EV / EBITDA 10.1 x 9.59 x 19.6 x 10.4 x 15.1 x 34.5 x
EV / FCF 12.1 x 25.8 x 21 x -94.5 x 59 x 217 x
FCF Yield 8.28% 3.87% 4.77% -1.06% 1.69% 0.46%
Price to Book 3.59 x 3.17 x 3.08 x 2.89 x 2.76 x 3.72 x
Nbr of stocks (in thousands) 2,088 2,088 2,088 2,088 2,088 2,088
Reference price 2 2,429 2,046 1,998 2,228 2,300 2,496
Announcement Date 13/04/19 21/08/20 14/04/21 11/04/22 14/04/23 01/04/24
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,948 1,937 1,501 2,334 2,358 2,073
EBITDA 1 413.5 366.7 170.6 376.7 265.7 135.4
EBIT 1 363.2 324.4 126.3 325.9 206 71.94
Operating Margin 18.64% 16.75% 8.41% 13.97% 8.73% 3.47%
Earnings before Tax (EBT) 1 494.9 372.2 171.6 390.5 324.5 114.2
Net income 1 336 279.4 134.6 296.4 247.7 90.37
Net margin 17.25% 14.42% 8.97% 12.7% 10.5% 4.36%
EPS 2 160.9 133.8 64.48 142.0 118.6 43.28
Free Cash Flow 1 347 136.1 159.3 -41.45 67.73 21.59
FCF margin 17.81% 7.02% 10.61% -1.78% 2.87% 1.04%
FCF Conversion (EBITDA) 83.93% 37.11% 93.33% - 25.49% 15.94%
FCF Conversion (Net income) 103.27% 48.71% 118.3% - 27.35% 23.89%
Dividend per Share 2 40.00 60.00 22.00 57.00 47.00 17.00
Announcement Date 13/04/19 21/08/20 14/04/21 11/04/22 14/04/23 01/04/24
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 882 757 834 734 803 536
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 347 136 159 -41.4 67.7 21.6
ROE (net income / shareholders' equity) 26% 20.2% 9.97% 20% 14.8% 5.76%
ROA (Net income/ Total Assets) 13.6% 11.5% 4.4% 10.7% 6.2% 2.23%
Assets 1 2,464 2,439 3,059 2,776 3,995 4,047
Book Value Per Share 2 676.0 645.0 649.0 770.0 832.0 671.0
Cash Flow per Share 2 38.80 150.0 65.30 75.20 114.0 105.0
Capex 1 30.5 54.2 41 91.7 68 79.8
Capex / Sales 1.56% 2.8% 2.73% 3.93% 2.88% 3.85%
Announcement Date 13/04/19 21/08/20 14/04/21 11/04/22 14/04/23 01/04/24
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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