HEG Limited (HEG)

Price1,705.45 -17.55 (-1.02%)52 Week High1,914.00
ISININE545A0101652 Week Low918.00
IndustryElectronic ComponentsVolume105,152
SectorElectronic TechnologyP/E Ratio TTM12.84
Market Cap66.5 B1 Year Beta1.03
Technical Rating of

HEG Limited (HEG) logo

HEG Limited (HEG) is a well-established graphite electrode manufacturer in India. It was founded in 1970 and is headquartered in Mumbai, India. HEG produces a wide range of graphite electrodes, including:

  • Active electrodes: Active electrodes are used in the production of steel.
  • Semi-active electrodes: Semi-active electrodes are used in the production of aluminum.
  • Inert electrodes: Inert electrodes are used in the production of non-ferrous metals, such as copper and nickel.

HEG has a strong track record and a experienced management team. The company has a diversified product portfolio and a strong financial position. HEG is also debt-free, which gives it the flexibility to invest in new growth opportunities.

In addition to its strong track record and client base, HEG also has a number of other factors that make it an attractive investment. These factors include:

  • A strong brand portfolio: HEG is a well-known and respected brand in the Indian graphite electrode industry. This brand equity gives the company a competitive advantage.
  • A diversified product portfolio: HEG produces a wide range of graphite electrodes, which helps to reduce the company’s risk.
  • A strong financial position: HEG has a strong balance sheet with no debt. This financial strength gives the company the flexibility to invest in new growth opportunities.
  • Experienced management team: HEG has a management team with over 30 years of experience in the graphite electrode industry. This experience gives the company a competitive advantage.

Overall, HEG Limited (HEG) is a well-established graphite electrode manufacturer with a strong track record and a number of factors that make it an attractive investment. Investors who are looking for exposure to the growing Indian graphite electrode industry should consider investing in HEG.

However, it is important to note that there are also some risks associated with investing in HEG. These risks include:

  • The cyclical nature of the graphite electrode industry: The graphite electrode industry is cyclical and can experience periods of growth and recession. This could impact HEG’s profitability.
  • The competition in the graphite electrode industry: The graphite electrode industry is competitive and HEG faces competition from a number of other graphite electrode manufacturers. This competition could impact HEG’s profitability.
  • The regulatory environment for the graphite electrode industry: The regulatory environment for the graphite electrode industry is constantly changing. This could impact HEG’s ability to operate its business.

Investors should carefully consider these risks before investing in HEG Limited (HEG).

According to a recent report by Morgan Stanley, HEG is expected to grow at a CAGR of 15% over the next five years. This growth is being driven by the increasing demand for graphite electrodes in India and around the world.

HEG is well-positioned to capitalize on this growth as it has a strong track record, a diversified product port

          

HEG Limited (HEG) Chart

Technical Analysis of HEG Limited (HEG)

Moving Averages

PeriodSimpleExponential
MA 51,727.521,724.54
MA 101,744.271,734.53
MA 201,746.531,739.00
MA 301,743.781,730.74
MA 501,718.631,690.67
MA 1001,546.841,562.70
MA 2001,282.931,413.96

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)35.71Aroon Down (14)57.14
MACD Level (12, 26)1.43MACD Signal (12, 26)10.09
Relative Strength Index (7)37.40Relative Strength Index (14)45.20
Stochastic %D (14 3 3)22.71Stochastic %K (14 3 3)19.96
Stochastic RSI Fast (3, 3, 14, 14)11.60Stochastic RSI Slow (3, 3, 14, 14)16.02
Bollinger Upper Band (20)1,798.51Bollinger Lower Band (20)1,694.54
Keltner Channels Upper Band (20)1,848.90Keltner Channels Lower Band (20)1,629.11
Donchian Channels Upper Band (20)1,914.00Donchian Channels Lower Band (20)1,675.05
Ichimoku Conversion Line (9, 26, 52, 26)1,757.50Ichimoku Base Line (9, 26, 52, 26)1,794.53
Ichimoku Leading Span A (9, 26, 52, 26)1,714.73Ichimoku Leading Span B (9, 26, 52, 26)1,559.53
Positive Directional Indicator (14)21.67Negative Directional Indicator (14)19.45
Volume Weighted Average Price1,711.82Volume Weighted Moving Average 201,774.65

Oscillator Rating

Oscillators

Awesome Oscillator-16.84
Ultimate Oscillator (7,14,28)34.41
Money Flow (14)66.93
Chaikin Money Flow (20)-0.34
Commodity Channel Index (20)-160.86
Bull Bear Power-45.11

High / Low

1 Month1,914.001,675.05
3 Month1,914.001,527.05
6 Month1,914.00918.00
52 Week1,914.00918.00
All Time4,955.0018.70

Volume

Volume105,152.00
Average 10 D486.2 T
Average 30 D326.4 T
Average 60 D345.1 T
Average 90 D484.1 T

Change/Volatility

Change-17.55 (-1.02%)
Change 1W-40.20 (-2.30%)
Change 1M-46.10 (-2.63%)
Volatility1.76
Volatility W2.60

Performance

Yesterday64.94
Weekly-2.60
Monthly-4.40
3 Month6.24
6 Month78.04
Yearly52.96
5 Year-57.78
All Time7,380.04

Misc.

Average Day Range (14)58.59
Average Directional Index (14)15.63
Average True Range (14)55.80
Williams Percent Range (14)-87.28
Rate Of Change (9)-6.35
Hull Moving Average (9)1,718.09
Momentum (10)-52.00
Parabolic SAR1,858.74

PIVOT POINTS of HEG Limited (HEG)

NameS3S2S1Pivot PointsR1R2R3
Classic1,418.851,587.851,669.701,756.851,838.701,925.852,094.85
Fibonacci1,587.851,652.411,692.291,756.851,821.411,861.291,925.85
Camarilla1,705.081,720.571,736.061,756.851,767.041,782.531,798.03
Woodie's1,498.051,586.531,667.051,755.531,836.051,924.532,005.05
DeMark's - - 1,628.781,736.391,797.78 - -

Financial Analysis of HEG Limited (HEG)

Income Statement

Basic EPS (FY)137.95
Basic EPS (TTM)132.78
EBITDA (Annual YoY Growth)11.12
EBITDA (Quarterly QoQ Growth)22.44
EBITDA (Quarterly YoY Growth)-17.85
EBITDA (TTM)6 B
EBITDA (TTM YoY Growth)-9.34
EPS Diluted (Annual YoY Growth)23.52
EPS Diluted (FY)137.95
EPS Diluted (MRQ)25.28
EPS Diluted (Quarterly QoQ Growth)39.51
EPS Diluted (Quarterly YoY Growth)-12.50
EPS Diluted (TTM)132.78
EPS Diluted (TTM YoY Growth)-3.90
Free Cash Flow (Annual YoY Growth)28.78
Free Cash Flow Margin (FY)-14.06
Gross Profit (Annual YoY Growth)10.65
Gross Profit (FY)7.8 B
Gross Profit (MRQ)2.2 B
Gross Profit (Quarterly QoQ Growth)1.92
Gross Profit (Quarterly YoY Growth)-28.43
Gross Profit (TTM YoY Growth)-14.08
Last Year Revenue (FY)24.4 B
Revenue (Annual YoY Growth)12.15
Revenue per Employee (FY)14.6 M
Revenue (Quarterly QoQ Growth)8.84
Revenue (Quarterly YoY Growth)-7.00
Revenue (TTM YoY Growth)-3.71
Net Income (Annual YoY Growth)23.52
Net Income (FY)5.3 B
Net Income (Quarterly QoQ Growth)39.51
Net Income (Quarterly YoY Growth)-12.50
Net Income (TTM YoY Growth)-3.90
Total Revenue (FY)24.4 B

Valuation

Enterprise Value/EBITDA (TTM)11.15
Number of Employees1,669.00
Number of Shareholders148,269.00
Shares Float15.4 M
Price to Book (FY)1.54
Price to Earnings Ratio (TTM)12.84
Price to Revenue Ratio (TTM)2.72
Price to Sales (FY)2.69
Total Shares Outstanding38.6 M
Research & development Ratio (FY)0.05
Selling & Admin expenses Ratio (FY)11.46
Selling & Admin expenses Ratio (TTM)20.20

Balance Sheet

Total Assets (Annual YoY Growth)7.21
Total Debt (Annual YoY Growth)11.72
Total Liabilities (FY)14.1 B
Cash & Equivalents (FY)800.3 M
Cash and short term investments (FY)8.1 B

Operating Metrics

Dividends

Dividend Yield Forward2.47
Dividends Paid (FY)-1,538,357,000.00
Dividends per share (Annual YoY Growth)6.25
Dividends per Share (FY)42.50

Margins

Net Margin (FY)21.80
Net Margin (TTM)21.20
Gross Margin (FY)31.85
Gross Margin (TTM)39.47
Operating Margin (FY)20.27
Operating Margin (TTM)19.73
Pretax Margin (TTM)22.72

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