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JSW Steel Share Price Target for 2024, 2025, 2030, and 2040

JSW Steel Share Price Target for 2024, 2025, 2030, and 2040

JSW Steel Share Price Target: This article is about the JSW Steel share price forecast for the upcoming years. We will analyze the estimated stock price of the company so that you can make a better decision about investing in it. Before we look into the company’s share price forecast, let us first understand the company’s background, financials, technical fundamentals, etc.

JSW Steel Limited: An Overview

It is the flagship company of JSW Group. JSW Steel is one of India’s leading integrated steel manufacturers and one of the fastest-growing companies in India, with a footprint in over 100 countries. After the merger of Bhushan Power & Steel, Ispat Steel, and Jindal Vijayanagar Steel Limited, JSW Steel became India’s second-largest private-sector steel company. JSW offers a wide gamut of steel products that include hot-rolled, cold-rolled, bare and pre-painted galvanized and galvalume®, TMT rebars, wire rods, and special steel.

Company NameJSW Steel Limited
IndustrySteel
Founded1982
CountryIndia
Official Websitewww.jswsteel.in

Key Metrics

Market Cap (₹)1,87,105 Crore
Sectoral Market Cap Rank1
PE Ratio (x)33.15
Price to Book Ratio (x)2.93
EPS – TTM (₹)23.35
Dividend Yield (%)0.44
Stock – 52 Week High & Low (₹)840.00 / 614.20

Highlights of the JSW Steel Limited share price forecast are shown in the table below.

YearMinimum PriceMaximum Price
2023₹ 850
2024₹ 845₹ 1,020
2025₹ 1,000₹ 1,180
2026₹ 1,150₹ 1,350
2027₹ 1,300₹ 1,500
2028₹ 1,460₹ 1,700
2029₹ 1,700₹ 1,950
2030₹ 1,900₹ 2,140
2040₹ 3,800₹ 4,150

Important Note: These price predictions of “JSW Steel Limited” are only for reference purposes only, short-term and long-term JSW Steel stock price predictions may be different due to the other analyzed time series. This prediction is only if there are positive market sentiments, and this analysis does not cover any uncertainties in the company or global market condition. 

Future Growth of JSW Steel Limited

Earnings and Revenue Growth Forecasts of the Company

According to our growth forecast, JSW Steel Limited’s earnings and revenue will grow by 37.10% and 6.70% per year, respectively. EPS is expected to grow by 36.60%. 

Key Information

Forecasted Earnings Growth Rate37.10%
Forecasted EPS Growth Rate36.60%
Forecasted Revenue Growth Rate6.70%
Forecasted Return on Equity18.90%

Analysis of the future growth forecast of the company

✅ Company’s Earnings vs. Market: As per our forecast, the company’s earnings will grow faster than the market’s earnings, as also depicted in the chart. The company’s earnings will grow at a rate of 37.10% per year, while the market will grow at a rate of 15.80%.

Company Revenue vs. Market: As per our forecast, the company’s revenue will grow less than the market’s revenue, as also depicted in the chart. The company’s revenue will grow 6.70% per year, while the market will grow 8.60%.

High Growth Revenue: The company’s revenue is forecast to grow at a rate of 6.70% per year, which is slower than 20% per year. A 20% growth rate is considered high. 

Forecast Return on Equity (ROE)

✅ Estimated ROE will be 18.90%. 

Past Performance of JSW Steel Limited

Earnings and Revenue History of the Company

✅ When we analyze JSW Steel Limited’s past earnings and revenue, its earnings growth rate was -79.95%. The company’s revenue growth rate was 12.91% per year, and its net profit margin was 2.49%, which is lower than its previous year (14.11%).

Key Information

Earnings Growth Rate-79.95%
EPS Growth Rate-79.93%
Revenue Growth Rate12.11%
Return on Equity6.30%

Past earnings growth analysis of the company

Earnings Trend: When we analyze the earnings trend of the last 5 years, we find that the earnings of the company have grown by an average of 20% per annum.

Accelerating Growth: The company has 59.36% earnings growth over the past year, which is the highest in its last 5-year earnings.

Accelerating Growth: The company has had negative earnings growth over the past year, so it can’t be compared to its 5-year average.

Return on Equity (ROE)

❎ JSW Steel’s return on equity was 6.30%, which is considered low.

Return on Assets (ROA)

✅ The company had a ROA of 1.96%.

Return on Capital Employed (ROCE)

✅ Last year, the company had an ROCE of 8.57%. 

(All figures are from the consolidated statement) 

The financial health of JSW Steel Limited

The financial position of the company

Short-term liabilities: The short-term assets of JSW Steel Limited are more than its short-term liabilities. Which is good.

Long-term liabilities: The short-term assets of JSW Steel Limited exceed its long-term liabilities. 

Debt analysis

Debt Level: JSW Steel Limited’s debt-to-equity ratio is 0.87%, which is satisfactory.

Debt coverage: JSW Steel Limited’s debt is not covered by operating cash flows, 

Interest coverage: JSW Steel Limited’s interest on debt is well covered by EBIT (2.84x coverage).

Dividend

Dividend Paying Company: With an earnings-covering current yield of 0.44%, JSW Steel Limited is a dividend-paying company.

Growing Dividend: When we analyze the past payout dividend of JSW Steel Limited, it is paying a notable dividend.

JSW Steel Limited’s stock forecast for the upcoming years

JSW Steel Share Price Target for 2023

YearMinimum PriceMaximum Price
2023₹ 850

JSW Steel Share Price Target for 2024

YearMinimum PriceMaximum Price
2024₹ 845₹ 1,020

JSW Steel Share Price Target for 2025

YearMinimum PriceMaximum Price
2025₹ 1,000₹ 1,180

JSW Steel Share Price Target for 2026

YearMinimum PriceMaximum Price
2026₹ 1,150₹ 1,350

JSW Steel Share Price Target for 2027

YearMinimum PriceMaximum Price
2027₹ 1,300₹ 1,500

JSW Steel Share Price Target for 2028

YearMinimum PriceMaximum Price
2028₹ 1,460₹ 1,700

JSW Steel Share Price Target for 2029

YearMinimum PriceMaximum Price
2029₹ 1,700₹ 1,950

JSW Steel Share Price Target for 2030

YearMinimum PriceMaximum Price
2030₹ 1,900₹ 2,140

JSW Steel Share Price Target for 2040

YearMinimum PriceMaximum Price
2040₹ 3,800₹ 4,150

Recommendations: Invest in JSW Steel Limited stock or sell it.

Our forecasted stock analyst implies that there will be a positive trend in the future and that JSW Steel Limited shares might be good for investing to make money. If you are good with personal finance and are looking to invest, you can invest in this stock.

FAQs

With a dividend yield of 0.44%, JSW Steel is a dividend paying company. Industrial stocks don't always pay dividends, but JSW Steel Limited does pay a dividend to reward its shareholders. JSW Steel Ltd has declared a dividend of ₹ 3.40 for the quarter ending March 2023. Meanwhile, last year, JSW Steel Limited paid ₹ 20.75 for the full year.

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