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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|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 ⓘ
|YoY Gr. Rt. %||-||6.9%||15.9%||27.5%||6.6%||15%||26.4%||1.3%||6.8%||29.4%||-|
|Adj EPS ⓘ||6.4||8||11.5||12.2||10.2||12.5||15.3||16.5||13||13.5||18|
|YoY Gr. Rt. %||-||25.5%||42.8%||6.5%||-16.5%||22.4%||22.6%||8%||-21.3%||3.8%||-|
|BVPS (₹) ⓘ||87.6||94||103.3||139.7||161.7||179.6||179.6||193.6||207.3||219.9||229.5|
|Adj Net Profit ⓘ||6.6||8.3||11.8||16.7||14.6||18.7||24.5||26.4||20.8||21.6||29|
|Cash Flow from Ops. ⓘ||10.4||14.5||26.2||-14.5||0.9||4.2||51.7||35.6||14||-14||-|
|Debt/CF from Ops. ⓘ||6.9||5.7||3.7||-7.5||139.1||35.1||2.9||5||14.6||-18||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||8.7%||5.8%||-4.1%||3.8%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||7.5||8.9||11.5||11||6.8||7.4||8.8||8.9||6.5||6.3||8|
|Op. Profit Mgn % ⓘ||12.4||12.4||12.5||12.1||11.6||12.1||11.5||11.5||10.3||8.1||8.1|
|Net Profit Mgn % ⓘ||2.9||3.4||4.2||4.6||3.8||4.2||4.4||4.7||3.4||2.8||3.1|
|Debt to Equity ⓘ||0.8||0.9||0.9||0.6||0.5||0.5||0.5||0.6||0.6||0.7||0|
|Working Cap Days ⓘ||191||190||187||183||216||258||232||234||241||216||188|
|Cash Conv. Cycle ⓘ||109||114||113||103||123||159||145||152||163||150||49|
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%
|TTM EPS (₹)||18||18.2|
|TTM Sales (₹ Cr.)||918||941|
|BVPS (₹.) ⓘ||229.5||231.7|
|Reserves (₹ Cr.) ⓘ||351||354|
|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|
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: