Analysis Hindalco Industries Limited (HINDALCO)
6/2/2024
Analysis of Hindalco Industries Limited (HINDALCO)
Hindalco Industries Limited has shown some volatility in its stock price over the past few days. The Relative Strength Index (RSI) values have been fluctuating between 35 to 75, indicating some level of price momentum.The Moving Average Convergence Divergence (MACD) indicator has been showing mixed signals with the MACD line crossing above and below the signal line. This suggests some indecision in the market trend.
The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) have been relatively close to each other, indicating a stable trend in the stock price.
Overall, the stock seems to be experiencing some price fluctuations but is currently trading within a certain range. Traders and investors may want to closely monitor the RSI and MACD indicators for potential signals of a trend reversal or continuation.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company had an EPS estimate of 1.32.Main Statystic ðŸ§
The company's financials show a strong cash flow, with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet indicates a total cash of $67.15 billion and total debt of $104.59 billion, resulting in a current ratio of 1.037. The company has a book value per share of $4.837 and total cash per share of $4.379, with a total debt to equity ratio of 140.968.In terms of profitability, the company has a profit margin of 26.31% and an operating margin of 30.74%. The return on assets is 22.07% and the return on equity is 147.25%. The fiscal year ends on September 30, 2023, with the most recent quarter ending on March 31, 2024.
The income statement shows an EBITDA of $131.39 billion, revenue of $381.62 billion, and net income to common of $100.39 billion. The diluted EPS is $6.43 and the revenue per share is $24.54. The company experienced a negative quarterly revenue growth of -4.3% and a negative quarterly earnings growth year-over-year of -2.2%.
In terms of stock statistics, the company has a short ratio of 1.53 and a short percent of shares outstanding of 0.65%. The float shares are 15.31 billion and the shares outstanding are 15.33 billion. The majority of shares are held by institutions (57.59%) rather than insiders (5.22%).
Valuation metrics show a PEG ratio of 26.32, a forward PE of 26.32, and a trailing PE of 29.59. The enterprise value is $2.95 trillion, with a price to book ratio of 39.34 and a price to sales ratio of 7.65. The enterprise is valued at 22.76 times EBITDA and 7.73 times revenue, with a market capitalization of $2.92 trillion.
The stock price summary indicates a beta of 1.26, with a 50-day moving average of $176.26 and a 200-day moving average of $181.04. The 52-week low is $164.08, the 52-week high is $199.62, and the change over the past 52 weeks is 6.85%.
In terms of dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of 1. The dividend date is May 16, 2024, with an ex-dividend date of May 10, 2024. The last split date was August 31, 2020, with a 4-for-1 split factor. The 5-year average dividend yield is 0.73% and the trailing annual dividend yield is 0.51%.
Revenue estimate
The analysts' estimates for the future quarterly and annual sales of the company indicate a moderate growth trend.For the current quarter ending on June 30, 2024, the average estimate is $77,545,400,000, representing a 2% increase from the same period last year. The number of analysts providing estimates is 25.
Looking at the next quarter ending on September 30, 2024, the average estimate is $85,501,800,000, with a sales growth of 3% compared to the previous year. Again, 25 analysts have contributed to these estimates.
For the current fiscal year ending on September 30, 2024, the average estimate is $357,772,000,000, showing a 1% growth from the previous year. The number of analysts providing estimates for the annual sales is 38.
In the following fiscal year ending on September 30, 2025, the average estimate is $380,772,000,000, indicating a more significant growth of 6% from the current fiscal year. The number of analysts remains at 38.
Overall, the estimates suggest a steady growth trajectory for the company's sales in both the short term and the long term.
Growth estimates
Based on the consensus estimates provided by analysts, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest a positive growth trend for the company, with a slight decrease in growth rate compared to the past 5 years but still showing healthy growth prospects in the near future.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, it appears that the analysts are generally optimistic about the future price of the security, with a median and average price above the current price. However, there is a wide range between the low and high forecasts, indicating some uncertainty in the predictions.
Income statement 💸
Here are the revenue figures for the company over the past four fiscal years:1. Fiscal Year 2023: Sales of $383,285,000,000
2. Fiscal Year 2022: Sales of $394,328,000,000
3. Fiscal Year 2021: Sales of $365,817,000,000
4. Fiscal Year 2020: Sales of $274,515,000,000
From the data provided, we can observe the following trends:
- The company experienced a decrease in sales from FY 2022 to FY 2023.
- There was a significant increase in sales from FY 2020 to FY 2021, followed by a slight decrease in FY 2022.
- Overall, there has been a general upward trend in sales over the past four fiscal years, with some fluctuations.
These revenue figures provide insights into the company's performance and can be used to analyze its growth and market position over the years.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been fluctuating, with the highest value in 2018 at $107,147,000,000.
Cash Flow 💶
This is a cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has been consistently positive, indicating that the company's core business operations are generating cash.
3. The company has been paying significant amounts in interest and income taxes each year.
4. The end cash position has been varying, but generally, the company has maintained a healthy cash balance.
5. Financing activities show a mix of debt issuances, repayments, stock repurchases, and dividend payments.
6. Investing activities include acquisitions, investments, and capital expenditures, with significant amounts being spent on the sale and purchase of investments.
7. The company has been consistently generating net income, with depreciation and stock-based compensation being notable items.
8. Overall, the company's cash flow statement reflects a mix of operational, financing, and investing activities that impact its cash position and financial health.
Earnings estimate
The analysts' estimates for future quarterly and annual earnings per share are as follows:1. For the current quarter ending on June 30, 2024:
- Average Estimate: $1.23
- Low Estimate: $1.18
- High Estimate: $1.26
- Number of Analysts: 27
- Year Ago EPS: $1.17
2. For the next quarter ending on September 30, 2024:
- Average Estimate: $1.42
- Low Estimate: $1.33
- High Estimate: $1.51
- Number of Analysts: 26
- Year Ago EPS: $1.35
3. For the current year ending on September 30, 2024:
- Average Estimate: $6.10
- Low Estimate: $5.95
- High Estimate: $6.41
- Number of Analysts: 40
- Year Ago EPS: $5.67
4. For the next year ending on September 30, 2025:
- Average Estimate: $6.69
- Low Estimate: $5.92
- High Estimate: $7.31
- Number of Analysts: 40
- Year Ago EPS: $6.10
Based on these estimates, we can see a generally positive trend in the expected earnings per share for both the upcoming quarters and the next two fiscal years. It indicates growth in earnings, with the highest average estimate for the next year ending on September 30, 2025.
MACD of HINDALCO
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
