SALZER ELECTRONICS LIMITED Financials Salzer Electronics Limited
Equities
517059
INE457F01013
Electrical Components & Equipment
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 819.6 INR | -1.94% |
|
+1.05% | +102.83% |
| Feb. 22 | Salzer Electronics to Establish Smart Meter Manufacturing Plant in Coimbatore, India; Shares Up 3% | MT |
| Feb. 09 | Transcript : Salzer Electronics Limited, Q3 2024 Earnings Call, Feb 09, 2024 |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 2,883 | 1,880 | 974.1 | 1,951 | 2,938 | 4,100 |
| Enterprise Value (EV) 1 | 4,273 | 3,224 | 2,656 | 3,859 | 5,359 | 6,747 |
| P/E ratio | 14.8 x | 7.79 x | 3.59 x | 9.51 x | 13 x | 11.6 x |
| Yield | 0.8% | 1.36% | - | 1.31% | 0.98% | 0.87% |
| Capitalization / Revenue | 0.65 x | 0.34 x | 0.17 x | 0.31 x | 0.37 x | 0.4 x |
| EV / Revenue | 0.97 x | 0.58 x | 0.45 x | 0.62 x | 0.67 x | 0.65 x |
| EV / EBITDA | 8.05 x | 5.03 x | 3.99 x | 6.15 x | 8.11 x | 7.01 x |
| EV / FCF | -9.49 x | 111 x | -10.2 x | -19.3 x | -10.1 x | -14 x |
| FCF Yield | -10.5% | 0.9% | -9.85% | -5.19% | -9.92% | -7.16% |
| Price to Book | 1.1 x | 0.66 x | 0.31 x | 0.59 x | 0.83 x | 1.01 x |
| Nbr of stocks (in thousands) | 14,497 | 15,983 | 15,983 | 15,983 | 15,983 | 16,183 |
| Reference price 2 | 198.8 | 117.6 | 60.95 | 122.1 | 183.8 | 253.4 |
| Announcement Date | 5/24/18 | 7/9/19 | 8/14/20 | 8/19/21 | 8/18/22 | 8/18/23 |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 4,428 | 5,598 | 5,844 | 6,257 | 8,035 | 10,372 |
| EBITDA 1 | 531.1 | 640.8 | 665.3 | 627.9 | 660.7 | 963.1 |
| EBIT 1 | 428.5 | 522.3 | 523.6 | 474.7 | 501.9 | 802.7 |
| Operating Margin | 9.68% | 9.33% | 8.96% | 7.59% | 6.25% | 7.74% |
| Earnings before Tax (EBT) 1 | 309.4 | 323.1 | 319 | 280.1 | 325.1 | 549 |
| Net income 1 | 200.2 | 239.6 | 271.1 | 205.2 | 225.9 | 387 |
| Net margin | 4.52% | 4.28% | 4.64% | 3.28% | 2.81% | 3.73% |
| EPS 2 | 13.45 | 15.10 | 16.96 | 12.84 | 14.14 | 21.90 |
| Free Cash Flow 1 | -450.3 | 29.09 | -261.5 | -200.4 | -531.7 | -482.8 |
| FCF margin | -10.17% | 0.52% | -4.47% | -3.2% | -6.62% | -4.65% |
| FCF Conversion (EBITDA) | - | 4.54% | - | - | - | - |
| FCF Conversion (Net income) | - | 12.14% | - | - | - | - |
| Dividend per Share 2 | 1.600 | 1.600 | - | 1.600 | 1.800 | 2.200 |
| Announcement Date | 5/24/18 | 7/9/19 | 8/14/20 | 8/19/21 | 8/18/22 | 8/18/23 |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,391 | 1,344 | 1,682 | 1,907 | 2,421 | 2,647 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.619 x | 2.097 x | 2.528 x | 3.038 x | 3.664 x | 2.749 x |
| Free Cash Flow 1 | -450 | 29.1 | -261 | -200 | -532 | -483 |
| ROE (net income / shareholders' equity) | 7.96% | 8.59% | 9.12% | 6.57% | 6.97% | 10.3% |
| ROA (Net income/ Total Assets) | 5.4% | 5.92% | 5.54% | 4.56% | 4.36% | 6.09% |
| Assets 1 | 3,704 | 4,046 | 4,898 | 4,500 | 5,176 | 6,356 |
| Book Value Per Share 2 | 180.0 | 180.0 | 194.0 | 208.0 | 221.0 | 252.0 |
| Cash Flow per Share 2 | 1.330 | 4.460 | 1.470 | 3.320 | 1.190 | 4.500 |
| Capex 1 | 381 | 288 | 353 | 186 | 196 | 378 |
| Capex / Sales | 8.59% | 5.15% | 6.04% | 2.97% | 2.43% | 3.65% |
| Announcement Date | 5/24/18 | 7/9/19 | 8/14/20 | 8/19/21 | 8/18/22 | 8/18/23 |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +102.83% | 174M | |
| +69.30% | 1.78B | |
| -10.31% | 1.14B | |
| +17.50% | 1.02B | |
| -32.70% | 772M | |
| -18.03% | 523M | |
| -15.24% | 490M | |
| +44.71% | 463M | |
| -16.23% | 415M | |
| -22.67% | 342M |
- Stock Market
- Equities
- 517059 Stock
- Financials Salzer Electronics Limited
