Financials Magna Electro Castings Limited

Equities

MAGNAELQ6

INE437D01010

Iron & Steel

Market Closed - Bombay S.E. 06:00:53 2024-04-26 am EDT 5-day change 1st Jan Change
474.8 INR -1.22% Intraday chart for Magna Electro Castings Limited +3.89% -1.00%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 744.1 875 463.3 726.4 845.4 1,177
Enterprise Value (EV) 1 770.1 811 324 578.9 750.9 963
P/E ratio 10.8 x 7.68 x 6.93 x 14.7 x 10.9 x 6.87 x
Yield 1.23% 1.31% 2.47% 0.87% 1.25% 1.08%
Capitalization / Revenue 0.8 x 0.71 x 0.48 x 0.74 x 0.63 x 0.71 x
EV / Revenue 0.83 x 0.66 x 0.34 x 0.59 x 0.56 x 0.58 x
EV / EBITDA 6.1 x 4.49 x 2.93 x 5.66 x 5.75 x 3.73 x
EV / FCF -456 x 11.5 x 3.31 x 9.03 x -13 x 8.84 x
FCF Yield -0.22% 8.67% 30.2% 11.1% -7.68% 11.3%
Price to Book 1.23 x 1.24 x 0.63 x 1.02 x 1.08 x 1.25 x
Nbr of stocks (in thousands) 4,582 4,582 4,582 4,232 4,232 4,232
Reference price 2 162.4 191.0 101.1 171.6 199.8 278.1
Announcement Date 8/1/18 7/10/19 8/10/20 8/20/21 7/20/22 7/17/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 930.7 1,229 963.2 978.2 1,350 1,646
EBITDA 1 126.3 180.8 110.4 102.3 130.5 258.3
EBIT 1 81.03 126.6 67.49 61.14 85.15 203.8
Operating Margin 8.71% 10.3% 7.01% 6.25% 6.31% 12.38%
Earnings before Tax (EBT) 1 78.75 150.2 85.01 70.14 103.5 231.2
Net income 1 68.62 114 66.87 51.79 77.29 171.2
Net margin 7.37% 9.27% 6.94% 5.29% 5.72% 10.4%
EPS 2 14.98 24.87 14.59 11.67 18.26 40.46
Free Cash Flow 1 -1.689 70.31 97.78 64.09 -57.66 109
FCF margin -0.18% 5.72% 10.15% 6.55% -4.27% 6.62%
FCF Conversion (EBITDA) - 38.89% 88.56% 62.65% - 42.18%
FCF Conversion (Net income) - 61.69% 146.23% 123.77% - 63.64%
Dividend per Share 2 2.000 2.500 2.500 1.500 2.500 3.000
Announcement Date 8/1/18 7/10/19 8/10/20 8/20/21 7/20/22 7/17/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 26 - - - - -
Net Cash position 1 - 64 139 147 94.4 214
Leverage (Debt/EBITDA) 0.2057 x - - - - -
Free Cash Flow 1 -1.69 70.3 97.8 64.1 -57.7 109
ROE (net income / shareholders' equity) 11.9% 17.3% 9.27% 7.15% 10.3% 19.8%
ROA (Net income/ Total Assets) 6.44% 9.18% 4.71% 4.24% 5.37% 11.3%
Assets 1 1,065 1,241 1,419 1,220 1,439 1,521
Book Value Per Share 2 132.0 154.0 160.0 169.0 185.0 223.0
Cash Flow per Share 2 1.890 3.150 6.280 1.690 0.6200 3.770
Capex 1 24.5 19.4 40.2 44.5 42.3 135
Capex / Sales 2.63% 1.58% 4.17% 4.55% 3.14% 8.21%
Announcement Date 8/1/18 7/10/19 8/10/20 8/20/21 7/20/22 7/17/23
1INR in Million2INR
Estimates
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