Scoda Tubes Ltd. (SCODATUBES.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-91.1%

₹9.35

vs ₹105.08 price

Levered DCF

-₹190.51

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	17.97×	18.42×	48.2×	84.97×	544.44×	172.94×
P/B	1.79×	3.89×	13.84×	19.44×	25.18×	20.58×
P/S	1.35×	1.21×	2.2×	2.89×	4.54×	1.55×
EV / EBITDA	10.69×	10×	17.99×	27.76×	95.46×	31.67×
Gross margin	28.1%	15.8%	26.1%	24.5%	13.5%	17.2%
Operating margin	12.9%	12.4%	10.6%	7.8%	4.4%	15.9%
Net margin	7.5%	6.5%	4.6%	3.4%	0.8%	0.9%
Current ratio	1.78×	1.27×	1.09×	1.11×	1.22×	1.42×
Debt / equity	0.48×	1.4×	3.19×	3.08×	3.15×	6.06×
Interest coverage	2.7×	2.73×	2.37×	2.17×	1.31×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	10.0%	21.1%	28.8%	22.8%	4.7%	11.9%
Return on invested capital	8.5%	12.6%	11.2%	9.2%	4.2%	19.9%
Return on assets	5.6%	7.1%	5.5%	4.3%	1.0%	1.2%
Free cash flow yield	-21.2%	-7.0%	-3.8%	-0.9%	-9.3%	-1.7%
Earnings yield	5.6%	5.4%	2.1%	1.2%	0.2%	0.6%
Enterprise value	₹8.2B	₹7.8B	₹10.8B	₹10.2B	₹9.9B	₹2.1B
Net debt / EBITDA	1.54×	2.51×	3.37×	3.8×	10.6×	6.84×
Cash conversion cycle (days)	205	150	153	144	184	149