Sanco Industries (NSE:SANCO) Preferred Stock: ₹0.00 Mil (As of Jun. 2018)

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NSE:SANCO Sanco Industries Ltd NSE:SANCO
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What is Sanco Industries Preferred Stock?

Sanco Industries NSE:SANCO 4 Preferred Stock is ₹0.00 Mil as of Jun. 2018. GuruFocus rates NSE:SANCO with a GF Score™ of 4/100.

Preferred stock is a special equity security that has properties of both equity and debt. Sanco Industries's preferred stock for the quarter that ended in Jun. 2018 was ₹0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Sanco Industries's Enterprise Value for the quarter that ended in Jun. 2018 was ₹264.81 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Sanco Industries's Book Value per Share for the quarter that ended in Jun. 2018 was ₹0.00.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Sanco Industries's Earnings per Share (Diluted) for the three months ended in Jun. 2018 was ₹0.00.


Sanco Industries  (NSE:SANCO) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Sanco Industries's Enterprise Value for the quarter that ended in Jun. 2018 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Sanco Industries's Book Value per Share for the quarter that ended in Jun. 2018 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Sanco Industries's Earnings per Share (Diluted) (EPS) for the three months ended in Jun. 2018 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sanco Industries Preferred Stock Related Terms


Sanco Industries Preferred Stock Historical Data

* Premium members only.

The historical data trend for Sanco Industries's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sanco Industries Preferred Stock Chart

Sanco Industries Annual Data
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Sanco Industries Quarterly Data
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NSE:SANCO
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Sanco Industries Ltd NSE:SANCO
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Sanco Industries Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of ₹0.00 Mil mean?
Sanco Industries (NSE:SANCO) has a Preferred Stock of ₹0.00 Mil as of Jun. 2018. Preferred Stock represents the par value of a company's preferred shares. View historical data on Sanco Industries and its competitors.
Is Sanco Industries' Preferred Stock too high?
Sanco Industries' current Preferred Stock is ₹0.00 Mil. Overall, Sanco Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sanco Industries' Preferred Stock compare to HUBB?
Sanco Industries' Preferred Stock of ₹0.00 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for an Industrial Products company?
A good Preferred Stock depends on the Industrial Products industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Sanco Industries and its competitors. Sanco Industries's current Preferred Stock is ₹0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanco Industries stock overvalued right now?
Sanco Industries (NSE:SANCO) has a current Preferred Stock of ₹0.00 Mil. The current Preferred Stock is ₹0.00 Mil. Sanco Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Sanco Industries (NSE:SANCO), the current Preferred Stock is ₹0.00 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sanco Industries Business Description

Address D - 161, Surajmal Vihar, Near Karkardooma Court, New Delhi, IND, 110092
Sanco Industries Ltd is an India-based manufacturer operating in the building materials and electrical products sector. The company produces PVC conduit pipes, casings and cappings, PVC insulated wires and cables, PVC insulation tape, PVC compounds and profiles, and copper wire rods. It also manufactures and trades related products including calcium carbonate, PVC resin, LED lighting, and chemicals. Its products serve the construction, electrical, infrastructure, and industrial markets, with customers including contractors, electricians, builders, distributors, and retailers. Manufacturing is conducted through its own facilities, and the company operates primarily within India, generating revenue from the sale of manufactured goods and traded products. Its business is organized around a single manufacturing segment, with PVC pipes and electrical products forming the core of its portfolio. The company is listed on Indian stock exchanges.
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