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Last Updated on: 24 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 509567 | NSE: GOACARBON

Goa Carbons Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 22, 2024, 11:15 pm

Market Cap 588 Cr.
Current Price 641
High / Low1,009/528
Stock P/E16.0
Book Value 254
Dividend Yield3.12 %
ROCE23.2 %
ROE38.8 %
Face Value 10.0
PEG Ratio0.10

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Goa Carbons Ltd

Competitors of Goa Carbons Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Asian Petroproducts & Exports Ltd 41.1 Cr. 16.722.6/7.38 1.490.00 %743 %% 10.0
Aadi Industries Ltd 5.30 Cr. 5.308.90/3.15 6.770.00 %40.8 %% 10.0
Goa Carbons Ltd 588 Cr. 6411,009/52816.0 2543.12 %23.2 %38.8 % 10.0
DCW Ltd 2,870 Cr. 97.2113/46.0298 35.10.00 %6.72 %1.65 % 2.00
Agarwal Industrial Corporation Ltd 1,503 Cr. 1,0051,341/77112.2 3780.30 %20.4 %23.6 % 10.0
Industry Average1,653.67 Cr353.04108.73135.070.68%166.82%21.35%8.40

All Competitor Stocks of Goa Carbons Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales81128125151216275205426417316382224272
Expenses80119121141196251179369372301358181225
Operating Profit2949202326584516244347
OPM %2%7%3%6%9%8%13%14%11%5%6%19%17%
Other Income0000111246323
Interest22434571114141054
Depreciation1111111111111
Profit before tax-160616181947347173946
Tax %-2%-3%14%-1%-0%17%26%25%26%25%26%26%25%
Net Profit-170616151435265132935
EPS in Rs-1.437.210.136.7317.8116.6115.8238.6727.965.7813.7631.6537.80

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3442962921883162915764624173537661,3641,195
Expenses3252832871863092744844614313477091,2201,065
Operating Profit191352717921-15657144129
OPM %6%4%2%1%2%6%16%0%-4%2%7%11%11%
Other Income666-269922131315
Interest756815910121410164633
Depreciation2222222222222
Profit before tax16122-10-41690-11-28-541108109
Tax %33%35%6%-1%32%40%40%31%2%2%8%25%
Net Profit1082-10-31054-8-28-5388181
EPS in Rs11.468.642.50-11.03-3.3710.3858.85-8.21-30.32-5.2641.2888.2488.99
Dividend Payout %35%29%40%-9%-0%43%25%-0%-0%-0%24%20%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-20.00%-75.00%-600.00%70.00%433.33%440.00%-114.81%-250.00%82.14%860.00%113.16%
Change in YoY Net Profit Growth (%)0.00%-55.00%-525.00%670.00%363.33%6.67%-554.81%-135.19%332.14%777.86%-746.84%

Goa Carbons Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:14%
5 Years:18%
3 Years:44%
TTM:-48%
Compounded Profit Growth
10 Years:43%
5 Years:66%
3 Years:169%
TTM:-49%
Stock Price CAGR
10 Years:22%
5 Years:25%
3 Years:21%
1 Year:21%
Return on Equity
10 Years:21%
5 Years:27%
3 Years:44%
Last Year:39%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:40 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital9999999999999
Reserves7576656271116987067105177238223
Borrowings1332271562051591960431240422334264
Other Liabilities212323222434234129160731613229
Total Liabilities238335252298263355342212267427769613525
Fixed Assets21202627252427262423222727
CWIP0000040034300
Investments141999112324573510
Other Assets203296217262227326312183235395737550489
Total Assets238335252298263355342212267427769613525

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +83-33-63517271103-15-40-116196
Cash from Investing Activity +-19-81100-671126115-9-140-2099
Cash from Financing Activity +-4094-8134-5620-218-1218191127-138
Net Cash Flow24-20131-2749-476-711-9158

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow19.00-120.00-222.00-154.00-198.00-142.00-104.001.00-19.00-25.00-183.00-278.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days114258222736491967134121
Inventory Days114128237125138821541001338510695
Days Payable10122016151219812218735467
Cash Conversion Cycle1141582761311511055-31364101109
Working Capital Days1041442361201238621933629793
ROCE %7%3%3%4%9%35%0%-15%5%25%32%23%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%
FIIs0.00%0.04%0.10%0.20%0.00%0.02%0.21%0.02%0.00%0.00%0.13%0.09%
DIIs0.01%0.01%0.00%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public40.27%40.23%40.18%40.07%40.27%40.25%40.06%40.26%40.27%40.28%40.15%40.18%
No. of Shareholders29,29028,24628,42629,12429,32628,42829,06128,36929,19128,13328,71833,860

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 17Mar 16Mar 15Mar 14Mar 13
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.95-3.71-9.804.188.35
Diluted EPS (Rs.)9.95-3.71-9.804.188.35
Cash EPS (Rs.)12.02-1.67-7.986.5910.80
Book Value[Excl.RevalReserv]/Share (Rs.)87.8979.7483.4594.8191.79
Book Value[Incl.RevalReserv]/Share (Rs.)87.8979.7483.4594.8191.79
Revenue From Operations / Share (Rs.)318.09345.34205.38319.12323.02
PBDIT / Share (Rs.)26.1313.41-4.0213.5020.94
PBIT / Share (Rs.)24.0611.37-5.8411.0918.49
PBT / Share (Rs.)16.75-5.25-9.724.3313.00
Net Profit / Share (Rs.)9.95-3.71-9.804.188.35
NP After MI And SOA / Share (Rs.)9.95-3.71-9.804.188.35
PBDIT Margin (%)8.213.88-1.954.236.48
PBIT Margin (%)7.563.29-2.843.475.72
PBT Margin (%)5.26-1.52-4.731.354.02
Net Profit Margin (%)3.12-1.07-4.761.312.58
NP After MI And SOA Margin (%)3.12-1.07-4.761.312.58
Return on Networth / Equity (%)11.32-4.64-11.734.419.10
Return on Capital Employeed (%)25.8313.92-6.7211.2719.30
Return On Assets (%)3.44-1.12-3.511.133.21
Total Debt / Equity (X)1.972.812.042.611.58
Asset Turnover Ratio (%)1.031.140.631.021.17
Current Ratio (X)1.221.121.151.091.24
Quick Ratio (X)0.750.730.600.740.74
Inventory Turnover Ratio (X)2.652.711.543.212.13
Dividend Payout Ratio (NP) (%)15.070.00-10.2023.9129.92
Dividend Payout Ratio (CP) (%)12.480.00-12.5315.1723.14
Earning Retention Ratio (%)84.930.00110.2076.0970.08
Cash Earning Retention Ratio (%)87.520.00112.5384.8376.86
Interest Coverage Ratio (X)3.570.80-1.042.003.81
Interest Coverage Ratio (Post Tax) (X)2.360.77-1.531.622.52
Enterprise Value (Cr.)164.63142.04162.60153.81108.47
EV / Net Operating Revenue (X)0.560.440.860.520.36
EV / EBITDA (X)6.8811.57-44.1512.455.66
MarketCap / Net Operating Revenue (X)0.360.210.340.210.20
Retention Ratios (%)84.920.00110.2076.0870.07
Price / BV (X)1.330.930.850.720.72
Price / Net Operating Revenue (X)0.360.210.340.210.20
EarningsYield0.08-0.04-0.130.060.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Goa Carbons Ltd as of November 24, 2024 is: 1,626.03

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.

As of November 24, 2024, Goa Carbons Ltd is Undervalued by 153.67% compared to the current share price 641.00

Intrinsic Value of Goa Carbons Ltd as of November 24, 2024 is: 4,238.27

Calculation basis:

  • Intrinsic 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.

As of November 24, 2024, Goa Carbons Ltd is Undervalued by 561.20% compared to the current share price 641.00

Last 5 Year EPS CAGR: 160.65%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (331.00 cr) and profit (25.85 cr) over the years.
  1. The stock has a low average ROCE of 10.92%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 94.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 102.00, which may not be favorable.
  4. The company has higher borrowings (182.38) compared to reserves (111.00), 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 Goa Carbons Ltd:
    1. Net Profit Margin: 3.12%
      • 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.
    2. ROCE: 25.83% (Industry Average ROCE: 166.82%)
      • 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.
    3. ROE%: 11.32% (Industry Average ROE: 21.35%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.36
      • 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.
    5. Quick Ratio: 0.75
      • 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.
    6. Stock P/E: 16 (Industry average Stock P/E: 108.73)
      • 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.
    7. Total Debt / Equity: 1.97
      • 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

No data availabale for About the Company
INDUSTRYADDRESSCONTACT
Industry not foundAddress not foundContact not found
Management Data not Available

FAQ

What is the latest intrinsic value of Goa Carbons Ltd?

The latest intrinsic value of Goa Carbons Ltd as on 23 November 2024 is ₹1626.03, which is 153.67% higher than the current market price of ₹641.00.

What is the Market Cap of Goa Carbons Ltd?

The Market Cap of Goa Carbons Ltd is 588 Cr..

What is the current Stock Price of Goa Carbons Ltd as on 23 November 2024?

The current stock price of Goa Carbons Ltd as on 23 November 2024 is 641.

What is the High / Low of Goa Carbons Ltd stocks in FY 2024?

In FY 2024, the High / Low of Goa Carbons Ltd stocks is 1,009/528.

What is the Stock P/E of Goa Carbons Ltd?

The Stock P/E of Goa Carbons Ltd is 16.0.

What is the Book Value of Goa Carbons Ltd?

The Book Value of Goa Carbons Ltd is 254.

What is the Dividend Yield of Goa Carbons Ltd?

The Dividend Yield of Goa Carbons Ltd is 3.12 %.

What is the ROCE of Goa Carbons Ltd?

The ROCE of Goa Carbons Ltd is 23.2 %.

What is the ROE of Goa Carbons Ltd?

The ROE of Goa Carbons Ltd is 38.8 %.

What is the Face Value of Goa Carbons Ltd?

The Face Value of Goa Carbons Ltd is 10.0.

About the Author

Author Avatar
Getaka

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 Goa Carbons 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