Siemens India's intrinsic value using Intellectual Capital analysis

Siemens India

BSE : 500550

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NSE : SIEMENS

Industry : Elec. Equipment

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ISIN : INE003A01024

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FreeFloat : 25.00%

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FnO : Yes

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LotSize : 275

BSE 100 | BSE 100 Largecap TMC | BSE 200 | BSE 250 LargeMidcap | BSE Largecap | BSE LargeMidcap | BSE SENSEX Next 50 | Nifty 100 | Nifty 200 | Nifty LargeMidcap 250 | Nifty Next 50 | Nifty100 Equal Weight | Nifty Alpha Low Volatility 30 | BSE Capital Goods | BSE Power | Nifty MNC | BSE Dividend Stability | BSE Low Volatility | Nifty Low Volatility 50 | BSE 100 ESG | BSE CARBONEX | Nifty100 Enhanced ESG | Nifty100 ESG | Nifty Infrastructure

Intellectual Capital (IC)	3,348.96
Net Worth (NW)	10,023.68
Intrinsic Worth (IW)	13,372.64
Market Cap (MC)	71,973.69
Economic Value Added	-216.58

Discount Rate	%
Liquidity Premium	%

Knowledge Basis (IC/IW)	25.04%
IC Gross Margin (EBITDA/IC)	45.26%
IC Net Margin (NPT/IC)	25.56%
Knowledge Turnover (Sales/IC)	3.32
Market to Intrinsic Value (MC/IW)	5.38

As Of	Intrinsic Value	Market Price
30 Jun 2021	Rs. 375.51	Rs. 2,021.05
20 Sep 2021	----	Rs. 2,136.25
20 Sep 2021	----	-44.30 -2.07%

Fundamental - medium term		Technical - near term		Combined outlook
EVA > 0 : No	Sell	10 DMA : Rs. 2,202.67	Sell	Strong Sell
KB > 50% : No		50 DMA : Rs. 2,119.45
0 < M2IV < 1 : No		Vol-Price trend : Falling

Question 3 - Is this stock undervalued?

Question 2 - Does this business have significant knowledge assets?

Question 1 - Is this business generating enough profits to cover its cost of capital?

* EVA is a registered trademark of Stern Stewart and Co.

Quarterly Results (Rs. Cr)

Quarter

Type*

Sales

Income

EBITDA

EBIT

PBT

PAT

NPT

Sep-18
C
3955.70
4032.60
422.50
371.50
443.30
282.20
282.20

Dec-18
C
2825.90
2914.40
310.20
256.80
345.20
231.30
231.30

Mar-19
C
3577.80
3661.70
414.90
357.50
439.00
284.20
284.20

Jun-19
C
3216.10
3300.00
355.60
304.10
387.80
250.10
250.10

Sep-19
C
4147.40
4290.10
409.60
353.70
487.40
333.90
333.90

Dec-19
C
2685.00
2771.90
426.60
365.10
357.40
265.80
266.70

Mar-20
C
2837.90
2919.90
319.50
248.20
237.00
175.70
132.00

Jun-20
C
1334.60
1417.90
76.80
4.20
-0.80
-1.90
-2.20

Sep-20
C
3546.80
3609.30
518.50
455.00
449.10
330.20
331.32

Dec-20
C
2925.20
2983.30
425.70
363.80
360.30
295.50
300.50

Mar-21
C
3483.70
3540.00
514.10
448.50
442.70
334.40
342.10

Jun-21
C
2934.20
2984.20
296.00
203.00
195.00
138.90
133.50

* C - Consolidated, S - Standalone