Royal Ceramics Lanka PLC (RCL)

raider · 1 Royal Ceramics Lanka PLC (RCL) Fri Aug 14, 2015 9:35 pm

raider

Manager - Equity Analytics

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Anyone noticed that RCl has not moved recently? Any particular reason for this?

Isn't it heavily undervalued at a trailing P/E of just about 6x and PBV of 1.2x?

To me, a huge upside is on offer looking at industry, earnings, dividends, trading patterns etc.

What do you all think?

sandunj · 2 Re: Royal Ceramics Lanka PLC (RCL) Fri Aug 14, 2015 10:32 pm

sandunj

Senior Manager - Equity Analytics

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Will be a good investment for sure. Current prices is decent price to enter, based from their valuation.

raider · 3 Re: Royal Ceramics Lanka PLC (RCL) Sun Aug 16, 2015 7:20 pm

raider

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What should, in your opinion, be a decent target for RCL?

MPS - 126.90
T/EPS - 22.90

P/E - 5.55x
P/BV - 1.15x
DY - 3.85%

Sector P/E - 24.3x
Sector P/BV - 3.2x

At sector valuation levels - 350.00 - 550.00

Assuming a 50% discount to sector levels - 175.00 - 275.00