The price/operating cash flow metric for Vedanta Ltd is higher than merely 0.83% of stocks in our set with a positive cash flow.
Of note is the ratio of Vedanta Ltd's sales and general administrative expense to its total operating expenses; 99.28% of US stocks have a lower such ratio.
Vedanta Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 1,487.8%, greater than the shareholder yield of 99.37% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Vedanta Ltd, a group of peers worth examining would be MERC, SUNS, AMTX, LOAN, and NOVA.
Vedanta Limited American Depositary Shares (Each representing four equity shares) (VEDL) Company Bio
Vedanta Limited engages in exploring, extracting, and processing minerals, and oil and gas. The company produces oil and gas, zinc, lead, silver, copper, iron ore, and aluminum. The company was formerly known as Sesa Sterlite Limited and changed its name to Vedanta Limited in March 2015. The company was founded in 1965 and is based in Panaji, India.
VEDL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for VEDL, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Vedanta Ltd ranked in the 94th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Vedanta Ltd, consider:
Vedanta Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.61. This coverage rate is greater than that of merely 22.46% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Vedanta Ltd experienced a tax rate of about 44% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than 91.47% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Vedanta Ltd? See TGLS, BTG, FUL, FRTA, and APOG.
Vedanta Ltd, which plans to delist its shares has got permission from the two major stock exchanges in the country, where the shares are listed. "In connection with the delisting offer, this is to inform you that BSE Limited and National
New Delhi: The shutting down of Vedanta Ltd's copper smelter at Tuticorin in Tamil Nadu more than two years ago has led to the country having to spend USD 2 billion on the import of copper, a top company official said. The Madras High Court had earlier this month refused to allow the reopening of the plant that was shut in May 2018 after 13 people died when police fired upon protesters during anti-pollution demonstrations which had allegedly turned violent. "The government per se had lost forex of USD 2 billion, which was something like about Rs 15,000 crore per year… So say Rs 35,000-40,000 crore in this two-and-a-half year period by way of imports of copper, which we would have otherwise produced," Sterlite Copper CEO Pankaj Kumar told . The closure of the plant resulted in a monetary...