Obermatt

JSW Steel

NSI:JSWSTEEL · INE019A01038
Metals & MiningX-Large

360

52
EV / EBIT30
Price / Owner Earnings34
Owner Earnings Yield80
Dividend Yield53
Price/Sales51
EV / Gross Profit54
Price/Book34
Return on Capital69
Cash Return on Capital82
Return on Equity98
EBIT Margin76
Gross Profitability76
Cash Conversion22
Owner Earnings Margin86
Sales growth25
Profit Growth77
Long-Term EPS Growth67
Reinvestment69
Price momentum47
Debt load21
Refinancing43
Debt Payback48
Liquidity32
Analyst ratings37
Opinion Changes50
Price Target Upside56
Market mood79
Value Creation17/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

JSW Steel generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryMetals & Mining
SizeX-Large
TypePublic Company
ExchangeBSE
Founded1994
Employees10,407
Websitejsw.in
ISININE019A01038
Last UpdateApr 2, 2026
Themes
Green SteelMineralMiningMining Technology

Description

JSW Steel Limited engages in the manufacture and sale of iron and steel products. The company's operations focus on the manufacture and sale of hot-rolled and cold-rolled steel products that cater to a wide range of sectors, including construction, a…

Analysis

Quality compounder

JSW Steel Limited is a quality compounder: a well-run business trading at a price that reflects what it is worth. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 16.7× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 4% yearly growth; analysts expect 15%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is adequate. The company scores 17/20 on our value-creation score: strong value creator.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
39
2023202420252026

All-time high

46

Sep 2024

All-time low

4

Nov 2025

Average rank

24

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
51
63
73
70
Price/Earnings
24
47
59
68
Price/Book
34
48
56
61
Dividend Yield
53
28
46
47
Value (overall)
33
39
53
65

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →