Indian Steel Sector – Performance & Ranking Review (September 2011)
Synopsis
This report provides the periodic review of steel sector index and ranking. In today’s dynamic business world, indices play a vital role within the investment process, ranging from benchmarking the performance to comparison with broader indices. The indexing also facilitates in identifying the top players in the sector or a group.
Similarly ranking helps in identifying top and worst performers based on various metrics of evaluation. We use 5-factor model for the ranking purpose.
“Indian Steel Sector – Performance & Ranking Review” is the result of IS Advisors’ extensive financial research covering CNX 500 index.
Scope of the Report
The report presents key financial information on all the listed steel companies which are part of CNX 500. In addition, it indicates top players through indexing and top performers through ranking.
Reasons to buy
This report provides the periodic review of steel sector index and ranking. In today’s dynamic business world, indices play a vital role within the investment process, ranging from benchmarking the performance to comparison with broader indices. The indexing also facilitates in identifying the top players in the sector or a group.
Similarly ranking helps in identifying top and worst performers based on various metrics of evaluation. We use 5-factor model for the ranking purpose.
“Indian Steel Sector – Performance & Ranking Review” is the result of IS Advisors’ extensive financial research covering CNX 500 index.
Scope of the Report
The report presents key financial information on all the listed steel companies which are part of CNX 500. In addition, it indicates top players through indexing and top performers through ranking.
Reasons to buy
- The report provides essential financial information on key players in the sector
- An index called IS Steel Index is composed for benchmarking steel sector performance in capital markets
- A unique 5-factor model is used to rank the players
- An upward move in ranking of a company from one period to other can be considered good for investment purpose and vice-versa.
- Top players in IS Steel Index
- Top Performers in Steel sector
- Worst Performers in Steel sector
1. INDEXING
1.1 Performance of IS Steel Index
1.1.1 Change in Index Levels
1.1.2 Change in P/E Levels
1.2 Composition of Index
1.2 Top Players in the Sector
1.3 Change in Index
1.3.1 Trend of Key Capital Markets Indicators
1.3.2 Top Gainers
1.3.3 Top Losers
1.4 Methodology for indexing
2. RANKING
2.1 Methodology for ranking
2.2 Defining Factors
2.3 Final Ranking
2.4 Factor-wise Ranking
2.4.1 Risk & Liquidity Management
2.4.1.1 Comparative Standing in the factor
2.4.1.2 Top 3 Performers as per the factor
2.4.1.3 Worst 3 Performers as per the factor
2.4.2 Operating Efficiency
2.4.2.1 Comparative Standing in the factor
2.4.2.2 Top 3 Performers as per the factor
2.4.2.3 Worst 3 Performers as per the factor
2.4.3 Profitability
2.4.3.1 Comparative Standing in the factor
2.4.3.2 Top 3 Performers as per the factor
2.4.3.3 Worst 3 Performers as per the factor
2.4.4 Market Test
2.4.4.1 Comparative Standing in the factor
2.4.4.2 Top 3 Performers as per the factor
2.4.4.3 Worst 3 Performers as per the factor
2.4.5 Earnings Quality
2.4.5.1 Comparative Standing in the factor
2.4.5.2 Top 3 Performers as per the factor
2.4.5.3 Worst 3 Performers as per the factor
2.5 Top Performers
2.5.1 Welspun Corp Ltd.
2.5.2 Tata Sponge Iron Ltd.
2.5.3 Jindal Steel & Power Ltd.
2.5.4 JSL Stainless Ltd.
2.5.5 Tata Steel Ltd.
2.6 Worst Performers
2.6.1 Uttam Galva Steels Ltd.
2.6.2 Steel Authority of India Ltd.
2.6.3 Mahindra Ugine Steel Company Ltd.
2.6.4 Jindal Saw Ltd.
2.6.5 Monnet Ispat & Energy Ltd.
3. ANNEXURE
1.1 Performance of IS Steel Index
1.1.1 Change in Index Levels
1.1.2 Change in P/E Levels
1.2 Composition of Index
1.2 Top Players in the Sector
1.3 Change in Index
1.3.1 Trend of Key Capital Markets Indicators
1.3.2 Top Gainers
1.3.3 Top Losers
1.4 Methodology for indexing
2. RANKING
2.1 Methodology for ranking
2.2 Defining Factors
2.3 Final Ranking
2.4 Factor-wise Ranking
2.4.1 Risk & Liquidity Management
2.4.1.1 Comparative Standing in the factor
2.4.1.2 Top 3 Performers as per the factor
2.4.1.3 Worst 3 Performers as per the factor
2.4.2 Operating Efficiency
2.4.2.1 Comparative Standing in the factor
2.4.2.2 Top 3 Performers as per the factor
2.4.2.3 Worst 3 Performers as per the factor
2.4.3 Profitability
2.4.3.1 Comparative Standing in the factor
2.4.3.2 Top 3 Performers as per the factor
2.4.3.3 Worst 3 Performers as per the factor
2.4.4 Market Test
2.4.4.1 Comparative Standing in the factor
2.4.4.2 Top 3 Performers as per the factor
2.4.4.3 Worst 3 Performers as per the factor
2.4.5 Earnings Quality
2.4.5.1 Comparative Standing in the factor
2.4.5.2 Top 3 Performers as per the factor
2.4.5.3 Worst 3 Performers as per the factor
2.5 Top Performers
2.5.1 Welspun Corp Ltd.
2.5.2 Tata Sponge Iron Ltd.
2.5.3 Jindal Steel & Power Ltd.
2.5.4 JSL Stainless Ltd.
2.5.5 Tata Steel Ltd.
2.6 Worst Performers
2.6.1 Uttam Galva Steels Ltd.
2.6.2 Steel Authority of India Ltd.
2.6.3 Mahindra Ugine Steel Company Ltd.
2.6.4 Jindal Saw Ltd.
2.6.5 Monnet Ispat & Energy Ltd.
3. ANNEXURE
