Salzer Electronics Ltd Stock Analysis

BSE: 517059 | NSE: SALZERELEC | Cable | Small Cap

BSE Share Price 06-Dec-2022 18:01
256.60 -3.50 (-1.35%)

DeciZen - Make an Informed Decision on Salzer Electronics

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Salzer Electronics Price Chart

P/E Ratio (SA) :
14.24
Market Cap :
410.1 Cr.
52-wk low :
148.1
52-wk high :
291
Bole Toh?

1. Is Salzer Electronics Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Salzer Electronics Ltd is a below average quality company.

2. Is Salzer Electronics Ltd undervalued or overvalued?

The key valuation ratios of Salzer Electronics Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Salzer Electronics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Salzer Electronics Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Salzer Electronics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Salzer Electronics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.7%9.7%10.6%10.1%7.5%7.5%9%8.9%7%6.2%-
Value Creation Index -0.3-0.3-0.2-0.3-0.5-0.5-0.4-0.4-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 229245283361385443560567606784918
YoY Gr. Rt. %-6.9%15.9%27.5%6.6%15%26.4%1.3%6.8%29.4%-
Adj EPS 6.4811.512.210.212.515.316.51313.518
YoY Gr. Rt. %-25.5%42.8%6.5%-16.5%22.4%22.6%8%-21.3%3.8%-
BVPS (₹) 87.694103.3139.7161.7179.6179.6193.6207.3219.9229.5
Adj Net Profit 6.68.311.816.714.618.724.526.420.821.629
Cash Flow from Ops. 10.414.526.2-14.50.94.251.735.614-14-
Debt/CF from Ops. 6.95.73.7-7.5139.135.12.9514.6-18-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.7%15.3%11.9%29.4%
Adj EPS 8.7%5.8%-4.1%3.8%
BVPS 10.86.376.1
Share Price 16.3% 3.7% 36.5% 25.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.58.911.5116.87.48.88.96.56.38
Op. Profit Mgn % 12.412.412.512.111.612.111.511.510.38.18.1
Net Profit Mgn % 2.93.44.24.63.84.24.44.73.42.83.1
Debt to Equity 0.80.90.90.60.50.50.50.60.60.70
Working Cap Days 191190187183216258232234241216188
Cash Conv. Cycle 10911411310312315914515216315049

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.00%

Sales growth is growing at healthy rate in last 3 years 11.87%

Debt to equity has declined versus last 3 years average to 0.72

Sales growth is good in last 4 quarters at 31.67%

Net Profit has been subdued in last 3 years -4.09%

Latest Financials - Salzer Electronics Ltd.

Standalone Consolidated
TTM EPS (₹) 18 18.2
TTM Sales (₹ Cr.) 918 941
BVPS (₹.) 229.5 231.7
Reserves (₹ Cr.) 351 354
P/BV 1.12 1.11
PE 14.24 14.07
From the Market
52 Week Low / High (₹) 148.05 / 290.95
All Time Low / High (₹) 3.85 / 364.00
Market Cap (₹ Cr.) 410
Equity (₹ Cr.) 16
Face Value (₹) 10
Industry PE 30

Management X-Ray of Salzer Electronics :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Salzer Electronics

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Salzer Electronics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Salzer Electronics on 06-Dec-2022 18:01 is : 256.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 18:01 the market cap of Salzer Electronics stood at ₹ 410.1.
The latest PE ratio of Salzer Electronics as of 06-Dec-2022 18:01 is 14.24.
The latest PB ratio of Salzer Electronics as of 06-Dec-2022 18:01 is 1.12
The 52-week high of Salzer Electronics is ₹ 290.9 and the 52-week low is ₹ 148.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Salzer Electronics is ₹ 917.9 ( Cr.) .

About Salzer Electronics Ltd

Salzer Electronics was established in 1985 to design and manufacture of world-class Cam Operated Rotary Switches in Technical Collaboration with Saelzer Schaltgerate Fabrik, GmbH., Germany. The Company has a consistent track record for the last 15 years in Profit Making and declaring Dividends since 1991 - 1992.

Salzer manufactures Load Break Switches, Proximity Switches, Wiring Ducts and Terminal Connectors with CSA-NRTL/C approval. Besides Modular Wiring Accessories and Allied Specialty Products With international approval and innovative designs the market share for these products is continuously growing.

The Company has entered into technical and financial collaboration with M/s. Plitron Manufacturing Inc., Canada, in 1995 for manufacturing Toraidal Transformers With 50% Buy-Back Specialty.

The Company has a strong R&D facility with the full-fledged laboratory to upgrade the products and set new market trends. Their In-house R&D has been recognized by Ministry of Science and Technology, Department of Science and Industrial Research, Government of India. Today, they are market leaders in India for Rotary Switches.

Larsen & Turbo Limited, the Indian Industrial Giant in Engineering has been marketing Salzer Switches throughout India since 1993.

Product range of the company includes:

  • Cam operated rotary switches
  • Toroidal Transformers
  • Relays
  • Terminal Block
  • Salzer Energy Saver (SES)
  • LB Series Load Break Switches
  • Proximity Switch
  • Modular Switches.

Achievements/ recognition:

  • The Prestigious ISO 9001 Certification by NQA-UK has been obtained for Design, Development, Manufacture and Supply of CAM Operated Rotary Switches and Allied Products.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now