Financials Permanent Magnets Limited

Equities

PERMAGN6

INE418E01018

Electrical Components & Equipment

Market Closed - Bombay S.E. 11:00:48 10/05/2024 BST 5-day change 1st Jan Change
1,073 INR -1.59% Intraday chart for Permanent Magnets Limited -13.22% -24.67%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 739 1,390 608.3 1,649 3,580 7,786
Enterprise Value (EV) 1 879.4 1,466 615.7 1,556 3,579 7,785
P/E ratio 13.7 x 9.39 x 4.25 x 10.2 x 18.8 x 26.2 x
Yield - - - 0.52% 0.29% 0.17%
Capitalization / Revenue 0.8 x 1.15 x 0.57 x 1.41 x 2.76 x 4.26 x
EV / Revenue 0.95 x 1.21 x 0.58 x 1.33 x 2.76 x 4.26 x
EV / EBITDA 10.4 x 6.4 x 3.21 x 6.55 x 14.4 x 19.8 x
EV / FCF -16.7 x 31.8 x 7.12 x 19.9 x -60.8 x -128 x
FCF Yield -6% 3.15% 14% 5.02% -1.64% -0.78%
Price to Book 4.02 x 4.18 x 1.27 x 2.58 x 4.35 x 7.02 x
Nbr of stocks (in thousands) 8,598 8,598 8,598 8,598 8,598 8,598
Reference price 2 85.95 161.6 70.75 191.8 416.4 905.5
Announcement Date 29/09/18 31/08/19 04/09/20 19/07/21 10/08/22 07/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 927.7 1,208 1,066 1,167 1,295 1,827
EBITDA 1 84.43 229 191.6 237.5 248.9 393.3
EBIT 1 71.79 213.6 176.5 219.6 226.8 359.2
Operating Margin 7.74% 17.67% 16.56% 18.82% 17.51% 19.66%
Earnings before Tax (EBT) 1 68.77 208 189.3 218.2 255.7 399.6
Net income 1 53.88 148 143.2 161.4 190.4 297.5
Net margin 5.81% 12.25% 13.44% 13.83% 14.7% 16.28%
EPS 2 6.267 17.22 16.65 18.77 22.15 34.60
Free Cash Flow 1 -52.72 46.15 86.49 78.2 -58.84 -60.65
FCF margin -5.68% 3.82% 8.12% 6.7% -4.54% -3.32%
FCF Conversion (EBITDA) - 20.16% 45.13% 32.92% - -
FCF Conversion (Net income) - 31.18% 60.4% 48.46% - -
Dividend per Share - - - 1.000 1.200 1.500
Announcement Date 29/09/18 31/08/19 04/09/20 19/07/21 10/08/22 07/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 140 76.2 7.32 - - -
Net Cash position 1 - - - 92.3 1.03 1.03
Leverage (Debt/EBITDA) 1.662 x 0.3328 x 0.0382 x - - -
Free Cash Flow 1 -52.7 46.2 86.5 78.2 -58.8 -60.6
ROE (net income / shareholders' equity) 34.3% 57.3% 35.3% 28.8% 26% 30.8%
ROA (Net income/ Total Assets) 8.42% 21.1% 15.8% 16.4% 13.5% 16.8%
Assets 1 640.2 700.4 909 982.6 1,411 1,771
Book Value Per Share 2 21.40 38.70 55.70 74.50 95.60 129.0
Cash Flow per Share 2 0.0600 0.9400 2.310 3.990 0.7800 1.630
Capex 1 23.1 19.9 15.4 20.6 38 95.2
Capex / Sales 2.49% 1.65% 1.45% 1.76% 2.93% 5.21%
Announcement Date 29/09/18 31/08/19 04/09/20 19/07/21 10/08/22 07/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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