Price to trailing twelve month operating cash flow for VEDL is currently 0.02, higher than merely 0.84% of US stocks with positive operating cash flow.
Of note is the ratio of Vedanta Ltd's sales and general administrative expense to its total operating expenses; 99.66% 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 162.74%, greater than the shareholder yield of 97.56% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Vedanta Ltd are GGB, SUNS, CZZ, MCC, and EAF.
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 98th percentile in terms of potential gain offered. Our DCF model suggests the stock is undervalued by 18429.5%; returns of such proportions should be viewed with some skepticism, though. In terms of the factors that were most noteworthy in this DCF analysis for VEDL, they are:
Vedanta Ltd's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 15.59% of tickers in our DCF set.
As a business, Vedanta Ltd experienced a tax rate of about 22% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than 79.85% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PQG, NTR, CMT, TMST, and AVTR can be thought of as valuation peers to VEDL, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
Vedanta Ltd shall see exit from Nifty 50 and other indices owing to voluntary delisting proposed by the firm. The stock will be dropped with effect from July 31, 2020. Besides, the counter will be removed from other indices including the
(Bloomberg) -- Vedanta Resources Plc is seeking to increase a planned $2.5 billion loan by $250 million to help it advance a decision to delist its main India unit, according to people familiar with the matter.The proposed upsizing comes as the London-based mining conglomerate prepares to begin the formal offer, seeking to buy back the shares it doesn’t already own in Vedanta Ltd. The firm won shareholder approval last week to begin the delisting process.The decision is part of Chairman Anil Agarwal’s plan to simplify his investments across the complex multi-tiered corporate structure. Vedanta has interests in zinc, aluminum and oil and gas, all of which have been buffeted by volatile prices and concern about weak demand for metals and hydrocarbons because of the coronavirus pandemic.Th...
Kolkata: International Zinc Association (IZA), in collaboration with Madhav KRG Group launched Asia’s first-ever Continuous Galvanized Rebar (CGR) manufacturing facility in Punjab on Monday. The project will be supported by Hindustan Zinc Limited.The new plant was virtually inaugurated near Gobindgarh, Punjab by Dharmendra Pradhan, Union Minister of Steel, Petroleum & Natural Gas, along with Sunil Duggal, Group CEO-Vedanta Limited and Andrew Green – Executive Director, International Zinc Association, Global and other representatives.The first-of-its-kind facility will produce a new product, Continuously Galvanized Rebar (CGR). CGRs are value added rebars for higher life and low maintenance of infrastructure to provide significant cost savings compared to other corrosion resistant rebar ...
Read more about In the process of arranging financing for delisting: Vedanta Resources on Business Standard. After shareholders approved delisting of Vedanta Ltd, the firm's parent Vedanta Resources in a statement said it is "in the process of arranging the financing for the delisting"
Billionaire Anil Agarwal’s Vedanta Limited has received the approval of shareholders to delist the company from stock exchanges, and take it private, the mining major informed the market regulator on Thursday.