ADORWELD:NSE-Ador Welding Limited (INR)

COMMON STOCK | Specialty Industrial Machinery | NSE

Last Closing Price

INR 420.50

Change

+40.60 (+10.69)%

Market Cap

INR 5.21B

Volume

0.16M

Average Target Price

N/A
Average Analyst Rating

N/A

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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-05 )

Largest Industry Peers for Specialty Industrial Machinery

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

-42.70 (-2.27%)

INR671.73B 84.11 46.02
HONAUT:NSE Honeywell Automation India Lim..

-478.10 (-1.12%)

INR382.55B 81.66 52.84
VOLTAS:NSE Voltas Limited

+7.35 (+0.76%)

INR319.32B 71.59 47.71
ABB:NSE ABB India Limited

-6.80 (-0.49%)

INR296.21B 100.02 49.39
CUMMINSIND:NSE Cummins India Limited

+6.95 (+0.82%)

INR233.26B 36.63 29.89
BHEL:NSE Bharat Heavy Electricals Limit..

+4.20 (+7.99%)

INR193.60B 17.74 33.05
THERMAX:NSE Thermax Limited

-7.40 (-0.49%)

INR181.37B 123.98 48.51
AIAENG:NSE AIA Engineering Limited

+7.35 (+0.39%)

INR177.66B 30.95 18.93
SCHAEFFLER:NSE Schaeffler India Limited

-41.70 (-0.80%)

INR162.49B 46.17 22.56
SKFINDIA:NSE SKF India Limited

-8.85 (-0.40%)

INR111.20B 41.46 26.28

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 53.24% 81% B- 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 53.24% 81% B- 90% A-
Trailing 12 Months  
Capital Gain 89.12% 59% F 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 89.12% 57% F 55% F
Trailing 5 Years  
Capital Gain 40.71% 71% C- 59% F
Dividend Return 7.19% 84% B 68% D+
Total Return 47.90% 71% C- 60% D-
Average Annual (5 Year Horizon)  
Capital Gain 3.14% 66% D 48% F
Dividend Return 1.27% 73% C 74% C
Total Return 4.41% 68% D+ 49% F
Risk Return Profile  
Volatility (Standard Deviation) 34.60% 47% F 68% D+
Risk Adjusted Return 12.76% 71% C- 52% F
Market Capitalization 5.21B 40% F 45% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 80.20 24% F 13% F
Price/Book Ratio 2.04 54% F 42% F
Price / Cash Flow Ratio 38.13 25% F 14% F
EV/EBITDA 20.70 46% F 31% F
Management Effectiveness  
Return on Equity 3.82% 44% F 45% F
Return on Invested Capital 8.75% 68% D+ 64% D
Return on Assets 2.11% 58% F 50% F
Debt to Equity Ratio 0.12% 87% 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 0.72 79% C+ 73% C
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:
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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free 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