SCAN STEELS – An extremely undervalued company
SCAN STEELS – Manufactures Steel products like TMT rods, TMT bars, PVC Coated sheets, fly ash bricks
Incorporated in 1990, Scan Steels Ltd manufactures steel products and generates power for captive consumption
Very undervalued at a forward PE of just 6 🔥
TTM revenue of 972 CR VS Market Cap of 358 CR
Having huge reserves of 347 CR, fixed assets of 279 CR & Other assets of 299 CR
While the market cap is just 358 CR ???
Huge book value of 76
Screener.in itself shows the intrinsic value of the stock as 85
1) Big blockbuster Q1FY25 results
2) Net Profit up 88% QOQ & 200% YOY
3) Valuation wise stock is extremely undervalued at a forward PE of just 6
4) Huge book value of 76 VS CMP 68
5) Screener shows intrinsic value of the stock as 85
6) Company has huge reserves of 347 CR, Fixed Assets of 279 CR & Other Assets of 299 CR, and market cap of the company is just 356 CR
This is heights of undervaluation
7) TTM Revenue of 972 CR with 6% margins and company is available at a market cap of just 356 CR
A BIG RE RATING IS PENDING HERE
- Market Cap₹ 354 Cr.
- Current Price₹ 67.7
- High / Low₹ 94.9 / 35.5
- Stock P/E12.8
- Book Value₹ 76.3
- Dividend Yield0.00Â %
- ROCE6.85Â %
- ROE4.63Â %
- Face Value₹ 10.0
AN EXTREMELY STRONG Q1FY25 RESULT HAS BEEN REPORTED BY SCAN STEELS 🔥🔥🔥
Q1FY25 Net Profit Of 14.56 CR
VS
Q4FY24 Net Profit Of 8.11 CR
VS
Q1FY24 Net Profit Of 4.70 CR
Net profit growth of 80% QOQ & 210% YOY
Valuation wise stock is undervalued at a forward PE of just 5.56