Stock P/E, Current Price, and Intrinsic Value Over Time
Competitors of Global Offshore Services Ltd
Stock Name
Market Cap
Current Price
High / Low
Stock P/E
Book Value
Dividend Yield
ROCE
ROE
Face Value
Industry Average
0 Cr
0
0
0
0%
0%
0%
0
Quarterly Result
Month
Sep 2020
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Sales
17.70
20.09
21.53
18.38
14.67
14.61
18.51
20.05
12.66
6.40
11.91
12.83
10.75
Expenses
21.55
21.60
23.71
15.96
15.34
14.68
17.12
16.44
16.94
16.14
15.02
17.69
6.10
Operating Profit
-3.85
-1.51
-2.18
2.42
-0.67
-0.07
1.39
3.61
-4.28
-9.74
-3.11
-4.86
4.65
OPM %
-21.75%
-7.52%
-10.13%
13.17%
-4.57%
-0.48%
7.51%
18.00%
-33.81%
-152.19%
-26.11%
-37.88%
43.26%
Other Income
12.92
131.18
248.04
-5.54
0.91
-1.88
-8.26
-20.51
-0.22
-158.25
616.30
-2.45
7.60
Interest
9.21
9.11
-7.35
5.76
5.78
5.95
6.46
8.33
2.27
2.37
-4.26
2.90
1.26
Depreciation
7.46
8.06
7.87
7.94
12.49
7.75
6.91
8.89
9.11
8.05
5.10
4.42
3.98
Profit before tax
-7.60
112.50
245.34
-16.82
-18.03
-15.65
-20.24
-34.12
-15.88
-178.41
612.35
-14.63
7.01
Tax %
-0.66%
0.04%
0.19%
-0.12%
-0.11%
-0.19%
-1.04%
-0.06%
-0.13%
-0.01%
0.21%
-0.14%
0.29%
Net Profit
-7.66
112.46
244.87
-16.84
-18.06
-15.68
-20.45
-34.15
-15.91
-178.44
611.06
-14.65
6.98
EPS in Rs
-1.88
30.35
66.16
-6.50
-7.17
-5.98
-5.50
-13.81
-5.92
-71.59
218.98
-4.89
1.73
Last Updated: August 9, 2024, 6:42 pm
Quarterly Chart
Profit & Loss - Annual Report
Last Updated: August 9, 2024, 6:42 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Sales
224
281
370
407
391
162
136
128
122
78
65
51
42
Expenses
130
143
205
238
284
206
195
196
97
86
62
64
55
Operating Profit
94
138
164
168
107
-44
-59
-69
25
-8
3
-13
-13
OPM %
42%
49%
44%
41%
27%
-27%
-43%
-54%
20%
-10%
5%
-26%
-31%
Other Income
7
5
4
9
1
16
-78
-487
71
391
-15
437
463
Interest
33
37
54
54
62
69
65
81
74
23
24
9
2
Depreciation
44
45
67
66
71
68
61
59
31
30
35
31
22
Profit before tax
24
61
47
57
-25
-165
-263
-696
-9
330
-71
384
426
Tax %
2%
14%
2%
3%
-1%
-0%
0%
-0%
21%
0%
-0%
0%
Net Profit
24
53
46
55
-25
-165
-262
-696
-7
329
-71
383
425
EPS in Rs
9.81
21.04
15.44
17.95
-4.55
-46.17
-77.89
-199.69
-14.08
88.20
-25.16
127.65
144.23
Dividend Payout %
24%
11%
8%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Profit & Loss Yearly Chart
YoY Net Profit Growth
Year
2012-2013
2013-2014
2014-2015
2015-2016
2016-2017
2017-2018
2018-2019
2019-2020
2020-2021
2021-2022
2022-2023
YoY Net Profit Growth (%)
120.83%
-13.21%
19.57%
-145.45%
-560.00%
-58.79%
-165.65%
98.99%
4800.00%
-121.58%
639.44%
Change in YoY Net Profit Growth (%)
0.00%
-134.04%
32.77%
-165.02%
-414.55%
501.21%
-106.86%
264.64%
4701.01%
-4921.58%
761.02%
Global Offshore Services Ltd Growth
Compounded Sales Growth
10 Years:
-20%
5 Years:
-21%
3 Years:
-20%
TTM:
-23%
Compounded Profit Growth
10 Years:
%
5 Years:
14%
3 Years:
18%
TTM:
70%
Stock Price CAGR
10 Years:
-17%
5 Years:
62%
3 Years:
45%
1 Year:
91%
Return on Equity
10 Years:
%
5 Years:
%
3 Years:
%
Last Year:
-21%
Last Updated: July 26, 2024, 5:09 pm
Balance Sheet
Last Updated: August 9, 2024, 6:42 pm
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Equity Capital
25
25
25
25
25
25
25
25
25
25
25
25
Reserves
342
362
435
442
314
121
-369
-438
-212
-280
23
58
Borrowings
846
1,099
1,017
1,133
1,123
1,086
1,155
1,043
678
699
157
37
Other Liabilities
127
198
192
195
228
247
174
-1
89
103
46
23
Total Liabilities
1,340
1,684
1,669
1,795
1,689
1,478
986
629
580
546
250
143
Fixed Assets
1,181
1,490
1,427
1,584
1,395
1,305
839
514
522
495
194
120
CWIP
2
0
5
0
0
0
0
0
0
0
0
0
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
156
194
237
211
295
173
146
116
58
51
56
22
Total Assets
1,340
1,684
1,669
1,795
1,689
1,478
986
629
580
546
250
143
Reserves and Borrowings Chart
Global Offshore Services Ltd Cash Flow
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating ActivityÂ
84
176
110
105
35
0
20
16
23
18
8
12
Cash from Investing ActivityÂ
-318
-368
19
-199
0
34
-1
47
-10
-6
65
81
Cash from Financing ActivityÂ
239
208
-110
70
-35
-44
-19
-73
-18
-9
-77
-94
Net Cash Flow
5
17
19
-24
-0
-9
0
-9
-5
3
-4
-1
Free Cash Flow
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Free Cash Flow
94.00
-708.00
163.00
167.00
106.00
-45.00
-60.00
-70.00
24.00
-686.00
-696.00
-170.00
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Free Cash Flow Chart
Financial Efficiency Indicators
Month
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Debtor Days
63
55
39
68
81
82
53
82
102
73
77
43
Inventory Days
Days Payable
Cash Conversion Cycle
63
55
39
68
81
82
53
82
102
73
77
43
Working Capital Days
-73
-81
-8
-51
5
-548
-1,581
-1,994
-556
-865
-186
-57
ROCE %
9%
7%
7%
2%
-7%
-9%
-13%
-1%
-9%
-8%
-17%
-6%
Financial Efficiency Indicators Chart
Share Holding Pattern
Month
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoters
33.29%
33.29%
33.29%
33.10%
33.29%
33.29%
33.29%
33.29%
33.29%
33.29%
33.29%
32.47%
FIIs
0.57%
0.93%
1.06%
1.28%
1.58%
1.58%
1.58%
1.97%
1.50%
0.62%
0.41%
0.28%
DIIs
5.25%
5.25%
5.25%
5.24%
5.24%
5.24%
4.00%
3.21%
1.95%
0.16%
0.16%
0.16%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
1.26%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
60.89%
60.53%
60.41%
60.37%
59.89%
58.62%
61.13%
61.52%
63.27%
65.94%
66.14%
67.07%
No. of Shareholders
19,450
19,081
19,160
18,931
18,419
18,121
17,959
17,813
17,805
17,858
17,782
17,996
Shareholding Pattern Chart
No. of Shareholders
This stock is not held by any mutual fund
ROCE Trend
EPS Trend
Key Financial Ratios
Month
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
FaceValue
10.00
10.00
10.00
10.00
10.00
Basic EPS (Rs.)
15.23
127.65
-25.16
88.20
-14.09
Diluted EPS (Rs.)
15.23
127.65
-25.16
88.20
-14.09
Cash EPS (Rs.)
21.17
167.30
-14.53
145.37
9.56
Book Value[Excl.RevalReserv]/Share (Rs.)
33.32
7.29
-139.78
-107.45
-245.27
Book Value[Incl.RevalReserv]/Share (Rs.)
33.32
7.29
-139.78
-107.45
-245.27
Revenue From Operations / Share (Rs.)
15.86
20.63
26.27
31.41
49.31
PBDIT / Share (Rs.)
2.58
-5.40
1.71
-2.93
10.74
PBIT / Share (Rs.)
-3.36
-18.00
-12.48
-15.26
-1.71
PBT / Share (Rs.)
16.03
155.26
-28.61
133.27
-3.63
Net Profit / Share (Rs.)
15.23
154.71
-28.73
133.04
-2.88
NP After MI And SOA / Share (Rs.)
14.49
127.65
-25.16
88.20
-14.09
PBDIT Margin (%)
16.26
-26.17
6.50
-9.33
21.77
PBIT Margin (%)
-21.15
-87.23
-47.50
-48.59
-3.46
PBT Margin (%)
101.11
752.58
-108.89
424.32
-7.36
Net Profit Margin (%)
96.07
749.92
-109.33
423.56
-5.84
NP After MI And SOA Margin (%)
91.38
618.78
-95.76
280.81
-28.56
Return on Networth / Equity (%)
43.49
664.85
0.00
-116.57
0.00
Return on Capital Employeed (%)
-9.18
-163.16
9.61
28.06
1.95
Return On Assets (%)
25.10
126.41
-11.38
37.25
-5.53
Long Term Debt / Equity (X)
0.06
0.19
-0.09
-0.70
-0.94
Total Debt / Equity (X)
0.41
3.30
-2.74
-1.08
-1.14
Asset Turnover Ratio (%)
0.19
0.12
0.11
0.09
0.08
Current Ratio (X)
0.42
0.25
0.05
0.08
0.13
Quick Ratio (X)
0.23
0.18
0.03
0.05
0.07
Interest Coverage Ratio (X)
1.06
-1.53
0.17
-0.31
0.36
Interest Coverage Ratio (Post Tax) (X)
-1.71
-5.27
-1.30
-1.69
-0.03
Enterprise Value (Cr.)
136.88
170.91
709.40
125.77
272.42
EV / Net Operating Revenue (X)
3.49
3.35
10.92
1.62
2.23
EV / EBITDA (X)
21.47
-12.80
167.71
-17.35
10.26
MarketCap / Net Operating Revenue (X)
2.74
0.98
1.71
0.20
0.05
Price / BV (X)
1.31
1.06
-0.43
-0.08
-0.01
Price / Net Operating Revenue (X)
2.74
0.98
1.71
0.20
0.05
EarningsYield
0.33
6.28
-0.55
13.80
-5.42
Profitability Ratios (%)
Liquidity Ratios
Liquidity Ratios (%)
Interest Coverage Ratios (%)
Valuation Ratios
Fair Value
Fair Value: ₹117.18
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.
Undervalued: 43.43% compared to the current price ₹81.70
Default values used*: Default value of 15 for Stock P/E is used
Intrinsic Value: 323.07
Calculation basis:
Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.
This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 295.43% compared to the current price ₹81.70
Default values used*: Default value of 15 for Stock P/E is used
Last 5 Year EPS CAGR: 175.71%
*Investments are subject to market risks
Strength and Weakness
Strength
Weakness
The stock has a low average Working Capital Days of -201.83, which is a positive sign.
The company has shown consistent growth in sales (189.00 cr) and profit (7.69 cr) over the years.
The stock has a low average ROCE of -3.75%, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 68.17, which may not be favorable.
The company has higher borrowings (839.42) compared to reserves (66.50), which may suggest financial risk.
Stock Analysis
Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Global Offshore Services Ltd:
Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
ROE%: 43.49% (Industry Average ROE: 0%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
Stock P/E: 0 (Industry average Stock P/E: 0)
Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
Total Debt / Equity: 0.41
Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions. Stock Rating:
About the Company - Qualitative Analysis
Global Offshore Services Ltd. is a Public Limited Listed company incorporated on 20/09/1976 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L61100MH1976PLC019229 and registration number is 019229. Currently company belongs to the Industry of Shipping. Company’s Total Operating Revenue is Rs. 47.35 Cr. and Equity Capital is Rs. 24.73 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Shipping
Prospect Chambers,3rd Floor, D N Road,Fort, Mumbai Maharashtra 400001
Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Global Offshore Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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