Summit Securities Limited

Company Profile

Summit Securities Limited had its IPO on under the ticker symbol SUMMITSEC.

The company operates in the Financial Services sector and Capital Markets industry. Summit Securities Limited has a staff strength of 5 employees.

Stock update

Shares of Summit Securities Limited opened at ₹1013.6 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹926.1 - ₹1017.75, and closed at ₹933.15.

This is a -6.92% slip from the previous day's closing price.

A total volume of 1,183 shares were traded at the close of the day’s session.

In the last one week, shares of Summit Securities Limited have increased by +0.79%.

Summit Securities Limited's Key Ratios

Summit Securities Limited has a market cap of ₹9.87 billion, indicating a price to book ratio of 0.1493 and a price to sales ratio of 14.5599.

In the last 12-months Summit Securities Limited’s revenue was ₹372.26 million with a gross profit of ₹504.37 million and an EBITDA of ₹407.23 million. The EBITDA ratio measures Summit Securities Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Summit Securities Limited’s operating margin was 109.36% while its return on assets stood at 0.56% with a return of equity of 0.77%.

In Q2, Summit Securities Limited’s quarterly earnings growth was a negative -30% while revenue growth was a negative 53.7%.

Summit Securities Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

29.7178

PEG

Its diluted EPS in the last 12-months stands at ₹30.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Summit Securities Limited’s profitability.

Summit Securities Limited stock is trading at a EV to sales ratio of 13.5226 and a EV to EBITDA ratio of 15.5288. Its price to sales ratio in the trailing 12-months stood at 14.5599.

Summit Securities Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹56.40 billion

Total Liabilities

₹4.40 million

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Summit Securities Limited ended 2024 with ₹56.40 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹56.40 billion while shareholder equity stood at ₹51.06 billion.

Summit Securities Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹4.40 million in other current liabilities, in common stock, ₹3.61 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹97.94 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.

Summit Securities Limited’s total current assets stands at ₹265.03 million while long-term investments were ₹0 and short-term investments were ₹166.55 million. Its net receivables were ₹0 compared to accounts payable of ₹0 and inventory worth ₹0.

In 2024, Summit Securities Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Summit Securities Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹933.15

52-Week High

₹1049

52-Week Low

₹517.9

Analyst Target Price

₹

Summit Securities Limited stock is currently trading at ₹933.15 per share. It touched a 52-week high of ₹1049 and a 52-week low of ₹1049. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹884.33 and 200-day moving average was ₹694.88 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 488.2% of the company’s stock are held by insiders while 7446.4% are held by institutions.