Financials TVS Electronics Limited

Equities

TVSELECT

INE236G01019

Computer Hardware

Delayed NSE India S.E. 06:28:54 2024-05-02 am EDT 5-day change 1st Jan Change
360.8 INR +19.37% Intraday chart for TVS Electronics Limited +20.67% +1.32%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 6,348 3,578 990.3 2,384 4,770 6,190
Enterprise Value (EV) 1 6,056 3,393 1,110 2,202 4,411 6,096
P/E ratio 39.7 x 36.4 x 254 x 312 x 31.6 x 65 x
Yield 0.44% 0.78% 2.82% - 0.78% 0.6%
Capitalization / Revenue 0.15 x 0.13 x 0.38 x 1.06 x 1.55 x 1.75 x
EV / Revenue 0.14 x 0.12 x 0.43 x 0.98 x 1.43 x 1.72 x
EV / EBITDA 25.6 x 21.3 x 26.7 x 49.3 x 18.6 x 39.8 x
EV / FCF 25.3 x -23.6 x -9.86 x 7.94 x 31.3 x -23.9 x
FCF Yield 3.95% -4.24% -10.1% 12.6% 3.2% -4.19%
Price to Book 7.67 x 4.11 x 1.23 x 2.91 x 5.15 x 6.08 x
Nbr of stocks (in thousands) 18,613 18,613 18,650 18,650 18,650 18,650
Reference price 2 341.0 192.2 53.10 127.8 255.8 331.9
Announcement Date 7/12/18 7/16/19 7/16/20 7/21/21 6/7/22 7/14/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 41,810 27,607 2,587 2,246 3,079 3,535
EBITDA 1 236.3 159.1 41.5 44.7 236.8 153
EBIT 1 192.3 123.9 12.5 19 202.8 126.8
Operating Margin 0.46% 0.45% 0.48% 0.85% 6.59% 3.59%
Earnings before Tax (EBT) 1 232 156.1 -0.2 9.4 208.2 128.4
Net income 1 161.5 98.5 3.9 7.7 151 95.2
Net margin 0.39% 0.36% 0.15% 0.34% 4.9% 2.69%
EPS 2 8.580 5.280 0.2093 0.4100 8.096 5.104
Free Cash Flow 1 239 -143.9 -112.5 277.4 141 -255.5
FCF margin 0.57% -0.52% -4.35% 12.35% 4.58% -7.23%
FCF Conversion (EBITDA) 101.15% - - 620.58% 59.57% -
FCF Conversion (Net income) 148% - - 3,602.6% 93.41% -
Dividend per Share 2 1.500 1.500 1.500 - 2.000 2.000
Announcement Date 7/12/18 7/16/19 7/16/20 7/21/21 6/7/22 7/14/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 119 - - -
Net Cash position 1 292 186 - 182 359 94.4
Leverage (Debt/EBITDA) - - 2.877 x - - -
Free Cash Flow 1 239 -144 -113 277 141 -256
ROE (net income / shareholders' equity) 20.2% 10.4% 0.47% 0.95% 17.3% 9.79%
ROA (Net income/ Total Assets) 1.7% 1.29% 0.46% 0.68% 6.81% 3.74%
Assets 1 9,503 7,635 856.2 1,129 2,217 2,546
Book Value Per Share 2 44.40 46.70 43.20 43.90 49.70 54.60
Cash Flow per Share 2 17.40 1.700 7.420 4.330 5.550 4.870
Capex 1 35.7 58.8 38.3 34.9 38.9 156
Capex / Sales 0.09% 0.21% 1.48% 1.55% 1.26% 4.42%
Announcement Date 7/12/18 7/16/19 7/16/20 7/21/21 6/7/22 7/14/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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