Siddiqsons Tin Plate Ltd. (STPL) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Poor Management Efficiency with a low ROCE of 6.79%

The company has been able to generate a Return on Capital Employed (avg) of 6.79% signifying low profitability per unit of total capital (equity and debt)

Low ability to service debt as the company has a high Debt to EBITDA ratio of 242.26 times

Poor long term growth as Net Sales has grown by an annual rate of 4.30% over the last 5 years

The company has declared Negative results for the last 4 consecutive quarters

Risky - No result in last 6 months

Mojo Parameters

Stock DNA

Industry

Ferrous Metals

Market cap

PKR 1,995 Million ()

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

1.13

Return on Equity

-12.54%

Price to Book

2.18

Revenue and Profits:

Net Sales:

1,144 Million

(Quarterly Results - Mar 2024)

Net Profit:

-38 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-0.85%

6 Months

0.52%

1 Year

-2.18%

2 Years

-5.97%

3 Years

-49.35%

4 Years

-66.34%

5 Years

-40.81%

Siddiqsons Tin Plate Ltd. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-10.48%

EBIT Growth (5y)

16.29%

EBIT to Interest (avg)

1.45

Debt to EBITDA (avg)

6.98

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

1.08

Tax Ratio

0.47%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

5.39%

ROE (avg)

3.41%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

1.88

EV to EBIT

-6.46

EV to EBITDA

-6.92

EV to Capital Employed

1.50

EV to Sales

1.01

PEG Ratio

Dividend Yield

ROCE (Latest)

-23.29%

ROE (Latest)

-94.32%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot

No data for shareholding present.

Shareholding Compare (%holding)

No data for shareholding present.

Financial

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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Mar'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Mar 2024 is 58.83% vs -38.14% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Mar 2024 is -3.29% vs 63.35% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "1,144.50",
          "val2": "720.60",
          "chgp": "58.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "78.30",
          "val2": "146.60",
          "chgp": "-46.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "118.60",
          "val2": "164.20",
          "chgp": "-27.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-37.70",
          "val2": "-36.50",
          "chgp": "-3.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "60.50%",
          "val2": "190.90%",
          "chgp": "-13.04%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Jun'23",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Jun 2023 is -6.97% vs -19.24% in Jun 2022",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Jun 2023 is -98.46% vs -37.52% in Jun 2022",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'23",
        "Jun'22",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,393.80",
          "val2": "4,722.80",
          "chgp": "-6.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "240.10",
          "val2": "431.00",
          "chgp": "-44.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "167.70",
          "val2": "97.20",
          "chgp": "72.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "1.40",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3.10",
          "val2": "201.30",
          "chgp": "-98.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "45.80%",
          "val2": "85.10%",
          "chgp": "-3.93%",
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]

Quarterly Results Snapshot (Consolidated) - Mar'24 - QoQ

Mar'24

Dec'23

Change(%)

Net Sales

1,144.50

720.60

58.83%

Operating Profit (PBDIT) excl Other Income

78.30

146.60

-46.59%

Interest

118.60

164.20

-27.77%

Exceptional Items

0.00

Consolidate Net Profit

-37.70

-36.50

-3.29%

Operating Profit Margin (Excl OI)

60.50%

190.90%

-13.04%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2024 is 58.83% vs -38.14% in Dec 2023

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2024 is -3.29% vs 63.35% in Dec 2023

All Quarterly Results

Annual Results Snapshot (Consolidated) - Jun'23

Jun'23

Jun'22

Change(%)

Net Sales

4,393.80

4,722.80

-6.97%

Operating Profit (PBDIT) excl Other Income

240.10

431.00

-44.29%

Interest

167.70

97.20

72.53%

Exceptional Items

1.40

0.00

Consolidate Net Profit

3.10

201.30

-98.46%

Operating Profit Margin (Excl OI)

45.80%

85.10%

-3.93%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Jun 2023 is -6.97% vs -19.24% in Jun 2022

Consolidated Net Profit

YoY Growth in year ended Jun 2023 is -98.46% vs -37.52% in Jun 2022

All Annual Results

Company CV

About Siddiqsons Tin Plate Ltd.

Siddiqsons Tin Plate Ltd.

Ferrous Metals

Siddiqsons Tin Plate Limited is engaged in the manufacturing and sale of tin plates, cans and other steel products, and trading of refined chromite. The Company's canning products include canning line, oil and lubricants, paints, edible oils and associated products, packed food cans and miscellaneous cans. Its tinplate products include tinplate coils and tinplate sheets. It produces tin plate fine sheets, which include bright, stone and matt. Its tinplate products' applications include food cans, edible oil and ghee cans, beverages cans, paints and chemical product cans, crown caps for beverages, decorative cans, lubricant tins, aerosol cans, grease and polish containers, fuel and air filters, and telephone cable for steel taping purposes. Its tin plant is located at Winder Industrial Estate in the province of Balochistan. The project has a capacity to produce 120,000 tons per annum of tin plate. The canning plant is located at Malir, Karachi in the province of Sindh.

Company Coordinates

Company Details

Siddiqsons Tower, 7th Floor, 3,J.C.H.S, Shahrah-e-Faisal KARACHI None : 75530

Tel: 92 21 35166571

http://www.siddiqsonstinplate.com/

Registrar Details