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Voltas Ltd VOLTAS

Morningstar Rating
INR 1,320.60 +17.15 (1.32%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VOLTAS is trading at a 51% premium.
Price
INR 1,307.25
Fair Value
INR 3,865.32
Uncertainty
High
1-Star Price
INR 3,774.42
5-Star Price
INR 644.25
Economic Moat
Hxyjgb
Capital Allocation
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Trading Information

Previous Close Price
INR 1,303.45
Day Range
INR 1,298.401,324.60
52-Week Range
INR 745.001,502.30
Bid/Ask
INR 1,321.25 / INR 1,320.60
Market Cap
INR 436.97 Bil
Volume/Avg
1.2 Mil / 2.1 Mil

Key Statistics

Price/Earnings (Normalized)
233.57
Price/Sales
3.52
Dividend Yield (Trailing)
0.33%
Dividend Yield (Forward)
0.33%
Total Yield
0.32%

Company Profile

Voltas Ltd is one of India's largest air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Large Core
Total Number of Employees
9,614

Comparables

Valuation

Metric
VOLTAS
542905
523398
Price/Earnings (Normalized)
233.5755.76
Price/Book Value
7.514.325.99
Price/Sales
3.520.901.99
Price/Cash Flow
69.7817.47
Price/Earnings
VOLTAS
542905
523398

Financial Strength

Metric
VOLTAS
542905
523398
Quick Ratio
0.920.360.38
Current Ratio
1.341.041.32
Interest Coverage
9.691.93−8.39
Quick Ratio
VOLTAS
542905
523398

Profitability

Metric
VOLTAS
542905
523398
Return on Assets (Normalized)
1.46%
Return on Equity (Normalized)
2.78%
Return on Invested Capital (Normalized)
3.09%
Return on Assets
VOLTAS
542905
523398
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