Valuation · at the close on 15 Nov 2024

Huffaz Seamless Pipe Industries Limited (HSPI) valuation

HSPI has no positive earnings to compare its share price with, so P/E is not meaningful. The shares are priced at 0.09× book value (sector median 0.66×).

P/E · today

—

FY2023

5-yr average— Sector median10.5×

P/B · today

0.09×

FY2023

5-yr average— Sector median0.66×

EV/EBITDA · today

—

5-yr average— Sector median5.6×

Dividend yield · today

—

FY2023

5-yr average— Payers' median5.3%

Market value Rs 488.8 mn at Rs 8.81. Sector medians use the latest close of 15 Engineering companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

HSPI valuation history (annual) (Rs mn)

Rs mn	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007	FY2006 Jul 2005 – Jun 2006	FY2005 Jul 2004 – Jun 2005	FY2004 Jul 2003 – Jun 2004
Market capitalisation	549.8	554.8	846.1	846.1	747.9	1,159.6	2,373.6	971.0	1,010.9	1,148.5	1,236.7	1,284.5	686.9	807.3	1,037.3	1,532.1	1,605.1	732.4	424.6	187.9
Enterprise value	592.1	591.7	582.3	841.6	738.1	1,156.8	2,468.8	870.1	1,009.2	1,090.2	1,101.3	1,541.3	846.6	1,029.0	1,145.5	1,480.3	1,608.1	716.7	458.0	297.2
Share price (period end) Rs	—	10.00	—	—	13.48	20.90	42.78	17.50	18.22	20.70	22.29	23.15	12.38	14.55	23.37	41.42	38.36	17.50	10.15	4.49
P/E (diluted)	—	—	—	—	339.20×	17.08×	92.85×	48.61×	—	—	—	—	—	6.24×	9.06×	21.83×	21.31×	9.08×	7.29×	6.72×
Price to book	—	—	—	—	0.15×	0.23×	0.49×	0.20×	0.21×	0.25×	0.27×	0.28×	0.19×	0.21×	0.48×	1.35×	1.59×	2.44×	1.93×	1.09×
Price to sales	—	4.13×	—	—	1.49×	1.36×	2.51×	0.97×	0.51×	0.75×	0.57×	0.63×	0.47×	0.63×	0.98×	2.06×	2.18×	0.77×	0.72×	0.48×
EV / EBITDA	—	—	—	10.73×	3.39×	5.50×	11.96×	4.52×	5.67×	5.96×	2.64×	4.54×	2.05×	3.16×	3.68×	6.46×	9.96×	3.71×	4.21×	4.62×
EV / Sales	3.46×	4.41×	5.99×	2.46×	1.47×	1.35×	2.61×	0.87×	0.51×	0.72×	0.50×	0.75×	0.58×	0.80×	0.87×	1.45×	1.88×	0.71×	0.74×	0.72×
Dividend yield (gross)	—	—	—	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	6.5%	12.1%	0.0%	0.0%	1.6%	1.7%	0.0%	2.9%	0.0%
Free cash flow yield	—	(26.0%)	—	—	3.3%	8.3%	(7.5%)	3.6%	(3.2%)	(8.0%)	36.1%	(3.5%)	16.3%	(11.4%)	(22.9%)	4.5%	1.8%	4.3%	0.0%	50.2%
PEG ratio	—	—	—	—	(3.51×)	0.10×	3.32×	0.19×	—	—	—	—	—	(0.65×)	0.25×	4.03×	(3.21×)	0.24×	0.07×	(0.12×)
P/E (diluted, normalised)	—	—	—	—	—	20.88×	92.85×	48.61×	—	—	—	—	—	9.29×	11.54×	43.25×	21.31×	14.68×	7.68×	7.23×
Price to book — 5-year average	—	—	—	—	0.26×	0.28×	0.29×	0.24×	0.24×	0.24×	0.27×	0.39×	0.55×	0.75×	1.13×	1.57×	1.66×	—	—	—
EV / EBITDA — 5-year average	—	12.27×	9.01×	6.71×	6.21×	6.80×	5.56×	4.29×	3.65×	3.34×	3.14×	3.73×	4.24×	4.90×	5.39×	6.03×	5.87×	—	—	—
Dividend yield — 5-year average	—	—	—	—	0.0%	0.0%	0.0%	1.5%	3.1%	3.2%	3.1%	3.2%	2.2%	1.0%	1.2%	1.4%	1.3%	—	—	—

HSPI valuation: frequently asked questions

What is HSPI's book value per share? +

Huffaz Seamless Pipe Industries Limited's book value per share was Rs 95.50 at the end of FY2023. The shares trade at 0.09× book value.

Information only, not investment advice.