4 VOLTAMP share price target reports by brokerages below. See what is analyst's view on VOLTAMP share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
Voltamp is currently trading at 9.7x and 8.4x FY21E and FY22E earnings, respectively. Valuations are attractive from a historical perspective. One year forward PE is trading at 31% discount to twelve-year average forward PE. Although in near term, there are headwinds in terms of earnings weakness and potential order cancellations, we believe that when the economic activity comes back on track, Voltamp remains one of the best stocks to play future upturn in industrial demand. We reiterate BUY with a revised target price of Rs 1260 (Rs 1657 earlier), valuing the core EPS (Rs 70 per share in FY22E) of the stock at 10x FY22E and adding value of the treasury and investments (Rs 560 per share in FY22E).
We remain long-term positive on the company due to industrial focused business model, debt free balance sheet and consistent free cash flow generation (current cash + Investments of ~Rs4.6bn which is ~33% of the current market cap). We have modelled revenue/PAT to grow at CAGR of 9.7%/16% over next two years. The stock is currently trading at attractive valuations of 13.7/12.3x FY20/21E. We maintain BUY rating on the stock with TP of Rs1591 (14x FY21E).
At CMP of Rs 1,073, Voltamp is trading at FY20E and FY21E, P/E multiples of 10.4x and 8.1x respectively, which is attractive considering its debt free status, free cash flow generation and superior return ratios. After factoring in Q2FY20 results, we have revised our FY20E/FY21E estimates to reflect the lower effective tax rate (ETR). We now value the stock at a target P/E of 10x its FY21E earnings against 10.5x earlier, which yields a target price of Rs 1,317 per share, implying a potential upside of 22.7%. Maintain Buy.
Voltamp is currently trading at 11.4x and 10.1x FY20E and FY21E earnings, respectively. Valuations are attractive compared to peers and more so considering that management remains prudent and has been able to preserve quality of balance sheet even through years of industry distress. Voltamp remains one of the best stocks to play future upturn in industrial demand. Reiterate BUY with unchanged target price of Rs 1622, valuing the core EPS (Rs 80.3 per share) of the stock at 14x FY21E and adding value of the treasury and investments (Rs 499 per share in FY21E).
We remain long-term positive on the company due to industrial focused business model, debt free balance sheet and consistent free cash flow generation (current cash + Investments of Rs4.3 bn which is 40% of the current market cap). We have modelled revenue/PAT to grow at CAGR of 12.3/17% over next two years. The stock is currently trading at attractive valuations of 10/9x FY20/21E. We maintain BUY rating on the stock with TP of Rs1610 (14x FY21E).
Voltamp is currently trading at 10.5x and 9.4x on FY20E and FY21E earnings respectively. Valuations are attractive compared to peers and more so considering that management remains prudent and has been able to preserve quality of balance sheet even through years of industry distress. Voltamp remains one of the best stocks to play future upturn in industrial demand. Reiterate BUY with unchanged target price of Rs 1500, valuing the core EPS (Rs 72.3 per share) of the stock at 14x FY21E and adding value of the treasury and investments (Rs 486 per share in FY21E).
Voltamp is currently trading at 11.2x and 10.0x FY19E and FY20E earnings respectively. Valuations are attractive compared to peers and more so considering that management remains prudent and has been able to preserve quality of balance sheet even through years of industry distress. Voltamp remains one of the best stocks to play future upturn in industrial demand. Reiterate BUY with revised target price of Rs 1500 (Rs 1512 earlier), valuing the core EPS (Rs 72.3 per share) of the stock at 14x FY21E and adding value of the treasury and investments (Rs 486 per share in FY21E).
Voltamp is currently trading at 11.8x and 10.9x FY20E and FY21E earnings respectively. Valuations are attractive compared to peers and more so considering that management remains prudent and has been able to preserve quality of balance sheet even through years of industry distress. Voltamp remains one of the best stocks to play future upturn in industrial demand. Maintain BUY with revised target price of Rs 1512 (Rs 1320 earlier), valuing the stock at 14x FY20E.
We remain long-term positive on the company due to industrial focused business model, debt free balance sheet and consistent free cash flow generation (current cash + Investments of Rs3.9 bn which 32% of the current market cap). The company recommended total dividend of Rs22.5/share (including special dividend of Rs7.5/ share) for FY19. We have modelled revenue/PAT to grow at CAGR of 12.3/13.7% over next two years. The stock is currently trading at 12.4/11.3x FY20/21E. We recommend BUY on the stock with revised TP of Rs1510 (14x FY21E).
Voltamp is currently trading at 14.1x and 11.8x FY19E and FY20E earnings respectively. Valuations are attractive compared to peers and more so considering that management remains prudent and has been able to preserve quality of balance sheet even through years of industry distress. Voltamp remains one of the best stocks to play future upturn in industrial demand. Maintain BUY with unchanged target price of Rs 1320, valuing the core EPS (Rs 61 per share) of the stock at 14x FY20E and adding value of the treasury and investments (Rs 4.5 bn in FY20E).
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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