VETO Switch Gears And Cables Ltd
NSE:VETO
Intrinsic Value
Veto Switchgears & Cables Ltd. engages in the manufacture of wires and cables, electrical accessories, industrial cables, fans, CFL lamps, pumps, modular switches, LED lights, immersion heater, MCB an... [ Read More ]
The intrinsic value of one
VETO
stock under the Base Case scenario is
204.62
INR.
Compared to the current market price of 126.45 INR,
VETO Switch Gears And Cables Ltd
is
Undervalued by 38%.
VETO Switch Gears And Cables Ltd's market capitalization is 2.4B INR.
VETO stock price is 126.45 INR.
VETO stock price (126.45 INR) is 38% less than its Intrinsic Value (204.62 INR).
VETO stock price (126.45 INR) is 44% less than its Relative Value (225.63 INR). Open Relative Valuation
VETO has downside potential of 68% compared to the average analyst price target.
Open Wall St Estimates
VETO has positive three-year average ROE (Return on Equity): 10%. The company is efficient at transforming stockholders' equity into net income.
VETO's ROE (Return on Equity) for the past 12 months is positive and is equal to 10%.
VETO has positive Operating Income for the last twelve months.
VETO's ROIC (Return on Invested Capital) for the past 12 months is positive and is equal to 9%.
VETO's ROIC (Return on Invested Capital) has increased in the last 3 years from 7% to 9%.
VETO has positive Free Cash Flow for the last twelve months.
VETO's ROE (Return on Equity) has increased in the last 3 years from 8% to 10%.
VETO has positive Net Debt. This means that the company has more debt (475m INR) than cash and short-term investments (282m INR).
VETO has positive Net Income for the last twelve months.
VETO has positive three-year average ROIC (Return on Invested Capital): 8%. The company is efficient at using invested capital to generate operating income.
VETO's Revenue has grown by an exceptional 30% over the past 12 months.
VETO has positive Gross Profit for the last twelve months.
VETO's Revenue has been growing by an exceptional 34% per year for the last 3 years.
VETO generates enough operating income (376m INR) to cover interest payments on its debt (55m INR).
VETO's D/E (Debt to Equity) is very low and is equal to 0.19.
VETO's long-term assets (3B INR) exceed its long-term liabilties (957m INR).
VETO's short-term assets (3B INR) exceed its short-term liabilties (776m INR).
VETO's Altman Z-Score is very high and is equal to 4.53.
Valuation Backtest
VETO Switch Gears And Cables Ltd
Run backtest to discover the historical profit from buying and selling
VETO
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
VETO Switch Gears And Cables Ltd
Balance Sheet Decomposition
VETO Switch Gears And Cables Ltd
| Current Assets | 2.9B |
| Cash & Short-Term Investments | 282.5m |
| Receivables | 1.3B |
| Other Current Assets | 1.2B |
| Non-Current Assets | 536.5m |
| Long-Term Investments | 159.4m |
| PP&E | 341m |
| Intangibles | 11k |
| Other Non-Current Assets | 36m |
| Current Liabilities | 776.1m |
| Accounts Payable | 316.5m |
| Short-Term Debt | 369.8m |
| Other Current Liabilities | 89.8m |
| Non-Current Liabilities | 181.4m |
| Long-Term Debt | 104.9m |
| Other Non-Current Liabilities | 76.5m |
Earnings Waterfall
VETO Switch Gears And Cables Ltd
|
Revenue
|
3.7B
INR
|
|
Cost of Revenue
|
-2.8B
INR
|
|
Gross Profit
|
946m
INR
|
|
Operating Expenses
|
-570.2m
INR
|
|
Operating Income
|
375.8m
INR
|
|
Other Expenses
|
-148.3m
INR
|
|
Net Income
|
227.6m
INR
|
Free Cash Flow Analysis
VETO Switch Gears And Cables Ltd
VETO Profitability Score
Profitability Due Diligence
VETO Switch Gears And Cables Ltd's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
Score
VETO Switch Gears And Cables Ltd's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
VETO Solvency Score
Solvency Due Diligence
VETO Switch Gears And Cables Ltd's solvency score is 71/100. The higher the solvency score, the more solvent the company is.
Score
VETO Switch Gears And Cables Ltd's solvency score is 71/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
VETO Price Targets Summary
VETO Switch Gears And Cables Ltd
According to Wall Street analysts, the average 1-year price target for
VETO
is 41 INR
.
Shareholder Return
VETO Price
VETO Switch Gears And Cables Ltd
| Average Annual Return | 28.66% |
| Standard Deviation of Annual Returns | 67% |
| Max Drawdown | -62% |
| Market Capitalization | 2.4B INR |
| Shares Outstanding | 19 115 000 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
VETO Switch Gears And Cables Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Veto Switchgears & Cables Ltd. engages in the manufacture of wires and cables, electrical accessories, industrial cables, fans, CFL lamps, pumps, modular switches, LED lights, immersion heater, MCB and distribution boards. The company is headquartered in Jaipur, Rajasthan. The company went IPO on 2012-12-12. The firm's segments include Wire and Cables, Lighting & Fittings and Accessories & Others. The firm's product portfolio ranges from industrial cables, stand cables to telephone and co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps (CFLs), light emitting diode (LED) bulbs and other electrical accessories. The company is engaged in dealing in electrical accessories, such as switch socket, miniature circuit breaker (MCB), bell and various electrical accessories. The firm's products are supplied under the brand names VETO and VIMAL POWER through a network of dealers to the customers in India, as well as selected customers abroad. Its manufacturing unit is located in Haridwar.
Contact
IPO
Employees
Officers
The intrinsic value of one
VETO
stock under the Base Case scenario is
204.62
INR.
Compared to the current market price of 126.45 INR,
VETO Switch Gears And Cables Ltd
is
Undervalued by 38%.
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