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About The Company

Market Cap

120.79 Billion INR

Sector

Industrials

Website

https://www.finolex.com

Description

Finolex Cables Limited manufactures and sells electrical and communication cables, and other electrical appliances in India and internationally.

Read More

Overview

Value

18

Growth

39

Health

74

Management

48

Analyst Opinion

80

Total

52

All Scores Out Of 100

Best Features

  • Has a low level of debt
  • Low risk of bankruptcy
  • Has strong financial health
  • Liked by analysts
  • Low preportion of income is paid as dividend
  • Very safe dividend

Risk Factors

  • Overvalued on cashflow basis
  • Earnings growth has slowed down recently
  • There is a history of diluting shareholders
  • No margin of safety at their current market price
  • Poor earnings and cashflow growth
  • Price-to-earnings ratio of 22.0 is higher than the market average (19.6x)

Market Peers

FINCABLES.NS

Key Figures

PE Ratio (TTM)

22.03

Margin Of Safety (DCF)

-59.29%

Revenue Growth (5 Year Average)

3.44%

Ratings Consensus

Buy

Share Buybacks

-0.01%

Dividend Yeild (TTM)

0.56%

Valuation

Value Score

18

  • Estimated intrinsic-value of 324.67 INR is lower than current price ( 789.80 INR)
  • Price-to-earnings ratio of 22.0 is higher than the market average (19.6x)
  • Free-cashflow-yeild of 1.86% is worse than the market average (4.7%)
  • Margin-of-safety of -59.29% is worse than the market average (17.95%)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: < 340.6 INR

Current Price: 797.6 INR

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

22.03x

Free Cashflow Yeild

1.86%

PE/Earnings Growth

0.50

Price/Book

3.04x

Growth

Growth Score

39

  • Revenue growth has improved this yeara
  • 5 Year Average Earnings growth of 18.01% is higher than the market average (14.48%)
  • Free Cashflow growth has improved this year
  • 5 Year Average Revenue growth of 3.44% is lower than the market average (10.97%)
  • Earnings growth has slowed this year
  • 5 Year Average Free Cashflow growth of N/A is lower than the market average (12.35%)

Revenue Growth

3.44%

Earnings Growth

18.01%

Cashflow Growth

N/A

Health

Health Score

74

  • Low risk of bankruptcy
  • Has a low level of debt
  • Assets cover liabilities
  • Low financial Leverage
  • Normal operation does not require debt to be sustainable
  • Debt repayments do not significantly impact cashflow

Altman Z Score

13.63

Piostroski Score

5.00

Debt/Equity

0.00x

Current Assets/Liabilities

7.64x

Free Cashflow/Total Debt

8.46x

Debt/Capital

0.00x

Dividend

Secure Dividend Score

73

  • Very safe
  • Long term dividend payout ratio of 17.29% is considered good
  • Payout ratio (TTM) of 12.35% is lower than the average (40%)
  • Dividends have shown growth over the last 5 years
  • Spending a lower percentage of their income on dividends than last 5 years
  • Dividend yeild of 0.56% is less than the market average (1.85%)

Dividend Yeild

0.56%

Dividend Growth

N/A

Payout Ratio (Earnings)

12.35%

Payout Ratio (Cashflow)

30.16%

Management

Management Score

48

  • Has issued new shares to finance growth when share price is high
  • Return-on-capital-employed of 5.71% is lower than the market average (10%)
  • Has a history of diluting shareholders to finance activity
  • Return-on-equity of 4.78% is lower than the market average (15%)

Average Buybacks/Dilution

-0.01%

Recent Buybacks/Dilution

-0.01%

5 Year Price Volitility

33.68%

Return On Assets

4.15%

Return On Capital Employed

5.71%

Return On Equity

4.78%

Return On Free Cashflow

259.34%

Return On Investments

17.31%

Analysts

Analyst Opinion

80

  • Ratings consensus is Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

Finolex Cables Limited

Currency

INR

Beta

0.785588

Vol Avg

344181

Ceo

Cik

Cusip

Y24953146

Exchange

National Stock Exchange of India

Full Time Employees

1589

Industry

Electrical Equipment & Parts

Sector

Industrials

Ipo Date

1994-11-03

Address

26-27, Mumbai - Pune Road, Pimpri

City

Pune

State

MAHARASHTRA

Country

IN

Zip

411018

Phone

912027475963

All financial data provided by FMP

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