Is Cubex Tubings a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Cubex Tubings Ltd is a below average quality company .

Is Cubex Tubings undervalued or overvalued?

The key valuation ratios of Cubex Tubings Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Cubex Tubings share price return in the past 10 years?

Cubex Tubings Ltd share price has appreciated 22.7% annually (CAGR) over the past ten years.

Is Cubex Tubings a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Cubex Tubings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Cubex Tubings Ltd - Stock Valuation and Financial Performance

Name: Cubex Tubings
Brand: Cubex Tubings

BSE: 526027 | NSE: CUBEXTUB | Metal - Non Ferrous | Small Cap

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Cubex Tubings Share Price

₹86.10 -4.40 -4.86%
as on 21-Nov'24 16:59

10 Year X-Ray of Cubex Tubings:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	0.8%	1%	1.1%	1.5%	2%	1.9%	4.1%	4.8%	6.7%	9%	-
Value Creation Index ⓘ	-0.9	-0.9	-0.9	-0.9	-0.9	-0.9	-0.7	-0.7	-0.5	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	57.6	51.8	46.7	51	74.9	59.9	70.3	134	191	221	217
Sales YoY Gr.	-	-10%	-9.9%	9.1%	46.9%	-20%	17.4%	90.1%	43%	15.6%	-
Adj EPS ⓘ	0.2	0.2	0.2	0.1	0.3	0.3	0.9	1.5	1.9	2.8	3
YoY Gr.	-	40%	-23.8%	-18.8%	146.2%	-6.3%	183.3%	78.8%	21.7%	48.7%	-
BVPS (₹) ⓘ	39.4	39.4	39.6	40.1	40.6	40.9	41.8	43.5	45.4	48.5	49.9
Adj Net Profit ⓘ	0.2	0.3	0.2	0.2	0.5	0.4	1.2	2.2	2.6	3.9	4
Cash Flow from Ops. ⓘ	2.6	1.6	2.2	3.6	-0.2	3.4	-0.1	1.2	0.1	3.4	-
Debt/CF from Ops. ⓘ	2	2.8	2.3	2	-24.9	1.5	-12.1	8.3	107.6	4.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	16.1%	24.2%	46.5%	15.6%
Adj EPS ⓘ	38.2%	53.8%	47.9%	48.7%
BVPSⓘ	2.4%	3.7%	5.1%	6.9%
Share Price	22.7%	48.6%	57.8%	26.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	0.4	0.5	0.4	0.3	0.8	0.7	2.1	3.6	4.2	5.9	6
Op. Profit Mgn % ⓘ	1.3	0.6	0.1	-0.3	0.8	2.4	4.3	1.9	2.4	3.1	4
Net Profit Mgn % ⓘ	0.4	0.6	0.5	0.4	0.6	0.7	1.7	1.6	1.4	1.8	2
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.1	0.1	0	0.2	0.2	0.2	0
Working Cap Days ⓘ	243	280	329	356	241	308	289	175	131	118	73
Cash Conv. Cycle ⓘ	147	154	178	192	129	167	134	80	68	62	36

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.10%

Sales growth is growing at healthy rate in last 3 years 46.45%

Net Profit is growing at healthy rate in last 3 years 47.90%

Sales growth is not so good in last 4 quarters at -2.95%

Latest Financials - Cubex Tubings Ltd.

	Standalone	Consolidated
TTM EPS (₹)	3	-
TTM Sales (₹ Cr.)	217	-
BVPS (₹.) ⓘ	49.9	-
Reserves (₹ Cr.) ⓘ	57	-
P/BV ⓘ	1.75	-
PE ⓘ	29.56	-

From the Market
52 Week Low / High (₹)	58.84 / 127.53
All Time Low / High (₹)	1.00 / 127.53
Market Cap (₹ Cr.)	125
Equity (₹ Cr.)	14.3
Face Value (₹)	10
Industry PE ⓘ	17.4

Management X-Ray of Cubex Tubings:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Cubex Tubings

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Cubex Tubings

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	58	52	47	51	75	60	70	134	191	221
Operating Expenses ⓘ	57	52	47	51	74	58	67	131	187	214
Manufacturing Costs	5	4	4	4	7	7	6	8	13	14
Material Costs	48	44	39	44	65	49	59	120	171	197
Employee Cost	1	1	1	1	1	1	1	1	1	2
Other Costs ⓘ	3	3	3	1	1	1	1	2	2	2
Operating Profit ⓘ	1	0	0	0	1	1	3	3	5	7
Operating Profit Margin (%)	1.2%	0.6%	0.1%	-0.3%	0.8%	2.4%	4.3%	1.9%	2.4%	3.1%
Other Income ⓘ	1	2	2	2	2	1	1	2	2	2
Interest ⓘ	0	0	0	0	1	0	1	1	1	2
Depreciation ⓘ	2	2	1	1	1	1	1	1	1	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	0	0	1	1	2	2	4	5
Tax ⓘ	0	0	0	0	0	0	1	0	1	1
Profit After Tax	0	0	0	0	1	0	1	2	3	4
PAT Margin (%)	0.3%	0.6%	0.8%	0.8%	0.9%	0.7%	1.9%	1.8%	1.4%	1.8%
Adjusted EPS (₹)	0.1	0.2	0.3	0.3	0.5	0.3	0.9	1.7	1.9	2.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	56	56	57	57	58	58	60	62	65	69
Share Capital ⓘ	14	14	14	14	14	14	14	14	14	14
Reserves ⓘ	42	42	43	43	44	44	45	48	50	55
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	4	4	4	6	5	5	1	10	13	15
Long Term Debt	4	3	2	1	0	0	0	0	0	0
Short Term Debt	0	0	2	5	5	5	1	10	13	15
Trade Payables	3	4	5	8	13	13	22	18	12	13
Others Liabilities ⓘ	3	3	3	3	3	3	3	6	7	7
Total Liabilities ⓘ	67	67	68	75	79	79	86	96	97	105
Fixed Assets
Gross Block	39	40	40	40	40	43	43	45	46	46
Accumulated Depreciation	19	21	22	24	25	26	28	29	30	31
Net Fixed Assetsⓘ	20	19	18	17	15	17	15	16	15	14
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	7	4	6	12	12	19	19	17	22	15
Trade Receivables	21	24	25	25	38	29	35	43	36	45
Cash Equivalents	4	3	3	3	2	2	1	1	1	4
Others Assetsⓘ	15	17	17	18	12	13	16	19	23	26
Total Assets ⓘ	67	67	68	75	79	79	86	96	97	105

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	3	2	2	4	0	3	0	1	0	3
PBT ⓘ	0	0	0	0	1	1	2	2	4	5
Adjustment ⓘ	2	2	1	2	2	2	2	1	1	1
Changes in Working Capital ⓘ	1	-0	0	1	-3	1	-4	-1	-4	-3
Tax Paid ⓘ	0	0	0	0	0	0	0	0	-1	0
Cash Flow From Investing Activity ⓘ	0	0	0	-1	1	-3	0	0	0	1
Capex	0	0	0	-1	0	0	0	-2	-1	0
Net Investments	0	0	0	0	0	-2	0	0	0	0
Others ⓘ	0	0	0	0	1	0	0	1	1	2
Cash Flow From Financing Activityⓘ	-2	-3	-1	-4	-1	0	-1	-1	-1	-2
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-1	-1	-1	-1	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	-1	0	-1	-1	-1	-2
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-2	-2	0	-2	0	0	0	0	0	0
Net Cash Flow ⓘ	1	-1	1	-1	0	1	-1	0	0	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	0.34	0.53	0.63	0.67	1.15	0.74	2.26	3.97	4.18	5.96
ROCE (%)	0.84	1.03	1.14	1.46	1.96	1.9	4.12	4.8	6.74	8.97
Asset Turnover Ratio	0.94	0.86	0.76	0.74	1.15	0.91	0.99	1.7	2.31	2.56
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	0	N/A	0	0.5	0	0.75
Working Capital Days
Receivable Days	122	143	177	174	129	168	142	92	65	58
Inventory Days	43	36	35	63	51	78	84	42	32	26
Payable Days	20	31	41	53	60	96	106	59	32	24

Cubex Tubings Ltd Stock News

Cubex Tubings Ltd FAQs

What is the share price of Cubex Tubings?

Company share prices are keep on changing according to the market conditions. The closing price of Cubex Tubings on 21-Nov-2024 16:59 is ₹86.10.

What is the market cap of Cubex Tubings?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Cubex Tubings stood at ₹125.3.

What is the P/E ratio of Cubex Tubings?

The latest P/E ratio of Cubex Tubings as of 21-Nov-2024 16:59 is 29.56.

What is the P/B ratio of Cubex Tubings?

The latest P/B ratio of Cubex Tubings as of 21-Nov-2024 16:59 is 1.75.

What is the 52-week high and low of Cubex Tubings?

The 52-week high of Cubex Tubings is ₹127.5 and the 52-week low is ₹58.84.

What is the TTM revenue of Cubex Tubings?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cubex Tubings is ₹216.8 ( Cr.) .

About Cubex Tubings Ltd

Cubex Tubings Limited was incorporated on August 10, 1979. It manufactures copper alloy tubes, wires, sheets, flats, and rods for boilers, condensers, heat exchangers, medical purposes, infrastructure, power generation, defense, and many other processes. The company’s factory is strategically located to expedite the delivery of its products to shipping ports across the world.

The company’s copper alloy tubing can be found primarily in power plants, petroleum refineries, and nuclear plants. Rods and wires can be found in electrical and construction companies. It also works with other niche industries and small businesses that meet its minimum order quantity.

The company takes advantage of the combined experience and efforts of hundreds of highly skilled workers and engineers to bring you the best quality copper alloy products at the best price. Speed and ease-of-transaction is its number one goal. Its sales group knows the deadlines you are up against and work to provide you with the fastest possible turnaround on quotes and delivery.

Business area of the company

The company is a manufacturer of seamless solid drawn Tubes, Rods, Bus bars and Wires of copper and copper based alloys such as Cupronickel, admiralty Brass, Aluminum Brass etc. Copper because of its high electrical conductivity and heat transfer characteristics finds wide application in the form of Tubes, Rods, Strips and Wires. The user industries are Power Plants, Power plants manufacturers, Switchgears, Refineries, Furnace manufacturers, Sugar plants, Automobile and Electrical Equipment industries & Ship Builders.

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