ADORWELD:NSE-Ador Welding Limited (INR)

COMMON STOCK | Specialty Industrial Machinery | NSE

Last Closing Price

INR 256.05

Change

+3.25 (+1.29)%

Market Cap

INR 3.48B

Volume

6.76K

Average Target Price

INR 310.00 (+21.07%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Ador Welding Limited manufactures and supplies welding and cutting consumables, power sources, and accessories in India and internationally. The company operates in two segments, Consumables, and Equipments and Project Engineering Business. It provides welding electrodes, including mild steel general purpose, mild steel special, low alloy high tensile, cellulosic, hard facing, stainless steel and heat resistant steel, cast iron, and non-ferrous electrodes; and continuous welding consumables products comprising submerged arc welding fluxes and wires, and flux cored arc welding products, as well as metal cored wire, gas metal arc welding (GMAW), and gas tungsten arc welding (GTAW) products. The company also offers welding and cutting equipment, such as air plasma cutting GTAW, submerged arc welding, GMAW, shielded metal arc welding, and resistance and spot welding equipment, as well as manual plasma cutting machines and welding accessories; gas cutting products, gas cutting-welding accessories, and personal protective equipment; and CNC cutting machines. In addition, it designs, engineers, fabricates, and supplies flare systems, process packages, process equipment, and furnaces/incinerators, as well as undertakes various EPC contracts. Further, the company provides welding automation products consisting of robotic systems, columns and booms, positioners, rotators, and special purpose machines; and offers skill development services. It serves pipeline, oil and gas, pharma, shipbuilding, railway, construction and infrastructure, nuclear energy, power, automotive, and defense sectors. The company was formerly known as Advani-Oerlikon Ltd. The company was founded in 1951 and is headquartered in Mumbai, India. Ador Welding Limited is a subsidiary of J. B. Advani & Company Private Limited. Address: Ador House, Mumbai, India, 400001

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-26 )

Largest Industry Peers for Specialty Industrial Machinery

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
SIEMENS:NSE Siemens Limited

+152.45 (+11.17%)

INR539.39B 65.65 33.53
HONAUT:NSE Honeywell Automation India Lim..

+1,655.35 (+5.37%)

INR287.63B 59.13 37.66
VOLTAS:NSE Voltas Limited

+15.75 (+2.09%)

INR254.48B 62.93 41.11
ABB:NSE ABB India Limited

+51.45 (+5.02%)

INR227.84B 101.55 52.28
AIAENG:NSE AIA Engineering Limited

-11.85 (-0.62%)

INR180.55B 29.76 18.39
CUMMINSIND:NSE Cummins India Limited

+6.80 (+1.29%)

INR147.90B 23.73 19.06
SCHAEFFLER:NSE Schaeffler India Limited

-14.90 (-0.38%)

INR123.30B 52.25 21.97
BHEL:NSE Bharat Heavy Electricals Limit..

+0.80 (+2.61%)

INR109.51B 17.74 33.05
THERMAX:NSE Thermax Limited

-9.80 (-1.14%)

INR101.39B 63.35 23.45
TIMKEN:NSE Timken India Limited

+29.70 (+2.53%)

INR90.59B 44.44 29.37

ETFs Containing ADORWELD

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Specialty Industrial Machinery)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -13.39% 45% F 28% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -13.39% 45% F 28% F
Trailing 12 Months  
Capital Gain -18.14% 41% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -18.14% 41% F 23% F
Trailing 5 Years  
Capital Gain -7.63% 67% D+ 54% F
Dividend Return 7.76% 84% B 70% C-
Total Return 0.13% 73% C 55% F
Average Annual (5 Year Horizon)  
Capital Gain 3.88% N/A N/A 56% F
Dividend Return 1.56% N/A N/A 80% B-
Total Return 5.45% N/A N/A 57% F
Risk Return Profile  
Volatility (Standard Deviation) 32.87% N/A N/A 62% D-
Risk Adjusted Return 16.57% N/A N/A 60% D-
Market Capitalization 3.48B 42% F 43% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Specialty Industrial Machinery)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 14.53 69% D+ 57% F
Price/Book Ratio 1.33 52% F 46% F
Price / Cash Flow Ratio 25.51 28% F 16% F
EV/EBITDA 9.40 66% D 55% F
Management Effectiveness  
Return on Equity N/A N/A N/A N/A N/A
Return on Invested Capital 8.75% 63% D 63% D
Return on Assets 4.61% 76% C 69% D+
Debt to Equity Ratio 0.12% 85% B 84% B
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 0.79 64% D 64% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector