Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Inducto Steels. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Inducto Steels's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Inducto Steels has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Inducto Steels's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Inducto Steels's earnings growth to the India market average as no estimate data is available.
Unable to compare Inducto Steels's revenue growth to the India market average as no estimate data is available.
Unable to determine if Inducto Steels is high growth as no earnings estimate data is available.
Unable to determine if Inducto Steels is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Inducto Steels's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Rajeev Reniwal, B.Com. has been Managing Director of Inducto Steels Limited since March 30, 2015. Mr. Reniwal served as Chief Financial Officer of Hariyana Ship Breakers Limited from March 30, 2015 to March 27, 2018. He serves as the Chairman at Inducto Steels Limited. Mr. Reniwal served as Managing Director at Inducto Steel Ltd. until September 27, 2007. Mr. Reniwal served as a Director of Hariyana Ship Breakers Ltd. He also has experience in ship breaking business since 1992. He also provides guidance for the development of Inducto Steel Ltd. He is a graduate from Mumbai having rich experience in USA.
Insufficient data for Rajeev to compare compensation growth.
Insufficient data for Rajeev to establish whether their remuneration is reasonable compared to companies of similar size in India.
Chief Financial Officer
Chairman & MD
Board of Directors
Chairman & MD
Independent & Non Executive Director
Independent & Non-Executive Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Inducto Steels Limited, a ship recycling company, engages in ship breaking and trading activities in India. The company engages in the dismantling/breaking and recycling of old and used ships. It also trades in metal scrap, coals, aluminum foils, and other industrial inouts. Inducto Steels Limited was incorporated in 1988 and is based in Mumbai, India.
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