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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 530079 | NSE: FAZE3Q

Faze Three Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 5:01 pm

Market Cap 958 Cr.
Current Price 394
High / Low584/344
Stock P/E23.1
Book Value 157
Dividend Yield0.00 %
ROCE16.0 %
ROE13.1 %
Face Value 10.0
PEG Ratio2.15

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

View Share Price Target for Faze Three Ltd

Competitors of Faze Three Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hisar Spinning Mills Ltd 24.7 Cr. 66.084.0/38.012.8 59.60.00 %12.5 %9.50 % 10.0
Rudra Ecovation Ltd 659 Cr. 62.882.6/22.21,569 7.740.00 %1.92 %4.05 % 1.00
H P Cotton Textile Mills Ltd 47.8 Cr. 122194/110 38.50.00 %4.39 %6.57 % 10.0
Gujarat Hy-Spin Ltd 28.9 Cr. 17.217.8/8.5027.2 11.20.00 %4.31 %0.90 % 10.0
Gem Spinners India Ltd 61.7 Cr. 10.010.6/3.27 0.310.00 %9.62 %% 5.00
Industry Average3,086.04 Cr197.3492.59131.040.33%35.08%10.57%7.41

All Competitor Stocks of Faze Three Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales99.69117.35132.15155.27147.00136.96132.14142.08129.43132.48138.26164.35149.08
Expenses86.5596.43109.26132.63123.60113.14109.28117.81110.10110.09114.87145.92132.65
Operating Profit13.1420.9222.8922.6423.4023.8222.8624.2719.3322.3923.3918.4316.43
OPM %13.18%17.83%17.32%14.58%15.92%17.39%17.30%17.08%14.93%16.90%16.92%11.21%11.02%
Other Income3.261.720.541.461.140.912.041.494.852.401.631.882.45
Interest0.800.842.450.901.661.531.882.772.942.842.662.813.01
Depreciation2.542.362.692.603.013.713.674.084.524.965.375.755.83
Profit before tax13.0619.4418.2920.6019.8719.4919.3518.9116.7216.9916.9911.7510.04
Tax %30.63%30.09%30.84%23.45%26.57%26.27%25.01%21.58%26.02%25.90%25.19%24.09%27.69%
Net Profit9.0613.5912.6515.7714.5914.3714.5114.8312.3712.5912.718.927.26
EPS in Rs3.735.595.206.486.005.915.976.105.095.185.233.672.99

Last Updated: October 7, 2024, 8:05 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:29 pm

MonthMar 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales115111139240269302324504558565584
Expenses105109153220241269277422457467504
Operating Profit93-1519283448821029781
OPM %8%3%-11%8%10%11%15%16%18%17%14%
Other Income101615112427678
Interest881387968152211
Depreciation445758910142122
Profit before tax87-181618213571786256
Tax %47%28%4%-8%16%14%29%28%25%25%
Net Profit45-191715182551584741
EPS in Rs3.424.10-15.616.926.197.4610.2521.0023.9719.1617.07
Dividend Payout %35%0%0%7%0%7%0%0%2%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2007-20082008-20092018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)25.00%-480.00%-11.76%20.00%38.89%104.00%13.73%-18.97%
Change in YoY Net Profit Growth (%)0.00%-505.00%468.24%31.76%18.89%65.11%-90.27%-32.69%

Faze Three Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2007-2008 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:16%
3 Years:20%
TTM:13%
Compounded Profit Growth
10 Years:%
5 Years:26%
3 Years:24%
TTM:-34%
Stock Price CAGR
10 Years:38%
5 Years:61%
3 Years:10%
1 Year:-14%
Return on Equity
10 Years:%
5 Years:15%
3 Years:17%
Last Year:13%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 1:40 pm

MonthMar 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital12121224242424242424
Reserves545940148160177202254310356
Borrowings88114128746766103167174170
Other Liabilities25304215181727423843
Total Liabilities179214222261270285357488547593
Fixed Assets808691113121137141161216252
CWIP212151011447
Investments6660000101214
Other Assets91110110146149147214312314321
Total Assets179214222261270285357488547593

Reserves and Borrowings Chart

Cash Flow

MonthMar 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +13-208-1337319-711037
Cash from Investing Activity +-13-20-13-4-15-5-53-51-44-44
Cash from Financing Activity +2418418-13-223161-6-19
Net Cash Flow23-22-1094-13360-26

Free Cash Flow

MonthMar 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-79.00-111.00-143.00-55.00-39.00-32.00-55.00-85.00-72.00-73.00

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 2007Mar 2008Mar 2009Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days471199961615378596349
Inventory Days188263203228203161169192121189
Days Payable6910412021251832362426
Cash Conversion Cycle165279182268239196215215160211
Working Capital Days157286202186143126155147111132
ROCE %9%-3%10%11%14%20%19%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters51.28%51.28%51.45%51.45%51.54%56.16%56.16%56.16%56.16%56.16%56.16%56.16%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.00%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.12%0.36%0.47%0.44%0.47%0.29%
Public48.72%48.72%48.55%48.55%48.46%43.84%43.72%43.47%43.38%43.40%43.35%43.56%
No. of Shareholders5,7107,1707,1117,4927,7517,2648,27711,13113,60012,60611,92412,635

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Taurus Mid Cap Fund70,8842.262.9970,8842024-11-060%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)19.1623.9721.0010.257.46
Diluted EPS (Rs.)19.1623.9721.0010.257.46
Cash EPS (Rs.)27.6329.9225.1913.8910.73
Book Value[Excl.RevalReserv]/Share (Rs.)156.52114.4791.2570.3660.15
Book Value[Incl.RevalReserv]/Share (Rs.)156.52137.59114.4392.9882.83
Revenue From Operations / Share (Rs.)232.12229.51207.43133.47124.25
PBDIT / Share (Rs.)38.7741.0935.6020.5015.52
PBIT / Share (Rs.)30.3035.1431.4116.8612.25
PBT / Share (Rs.)25.6831.9229.3614.538.71
Net Profit / Share (Rs.)19.1623.9721.0010.257.46
NP After MI And SOA / Share (Rs.)19.1623.9721.0010.257.46
PBDIT Margin (%)16.7017.9017.1615.3512.49
PBIT Margin (%)13.0515.3115.1412.639.85
PBT Margin (%)11.0613.9014.1510.887.00
Net Profit Margin (%)8.2510.4410.127.686.00
NP After MI And SOA Margin (%)8.2510.4410.127.686.00
Return on Networth / Equity (%)12.2320.9423.0114.5612.40
Return on Capital Employeed (%)18.5024.2526.2217.3113.88
Return On Assets (%)7.8510.6710.476.996.37
Long Term Debt / Equity (X)0.000.000.000.050.08
Total Debt / Equity (X)0.410.570.710.590.45
Asset Turnover Ratio (%)0.991.081.191.011.08
Current Ratio (X)1.651.641.571.731.94
Quick Ratio (X)0.961.220.971.151.08
Inventory Turnover Ratio (X)2.692.212.792.512.10
Interest Coverage Ratio (X)8.3812.7517.358.784.38
Interest Coverage Ratio (Post Tax) (X)5.148.4411.245.393.11
Enterprise Value (Cr.)955.25824.63867.43241.95117.97
EV / Net Operating Revenue (X)1.691.481.720.740.39
EV / EBITDA (X)10.138.2510.024.853.13
MarketCap / Net Operating Revenue (X)1.541.381.520.560.22
Price / BV (X)2.282.763.451.070.46
Price / Net Operating Revenue (X)1.541.381.520.560.22
EarningsYield0.050.070.060.130.26

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Faze Three Ltd as of November 17, 2024 is: 484.60

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 17, 2024, Faze Three Ltd is Undervalued by 22.99% compared to the current share price 394.00

Intrinsic Value of Faze Three Ltd as of November 17, 2024 is: 536.64

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 17, 2024, Faze Three Ltd is Undervalued by 36.20% compared to the current share price 394.00

Last 5 Year EPS CAGR: 10.74%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (176.00 cr) compared to borrowings (115.10 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (337.36 cr) and profit (32.18 cr) over the years.
  1. The stock has a low average ROCE of 9.60%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 164.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 213.00, which may not be favorable.

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 Faze Three Ltd:
    1. Net Profit Margin: 8.25%
      • 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: 18.5% (Industry Average ROCE: 35.08%)
      • 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%: 12.23% (Industry Average ROE: 10.57%)
      • 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): 5.14
      • 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: 0.96
      • 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: 23.1 (Industry average Stock P/E: 92.59)
      • 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: 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

Faze Three Ltd. is a Public Limited Listed company incorporated on 09/01/1985 and has its registered office in the State of Dadra & Nagar Haveli, India. Company’s Corporate Identification Number(CIN) is L99999DN1985PLC000197 and registration number is 000197. Currently Company is involved in the business activities of Manufacture of made-up textile articles, except apparel. Company’s Total Operating Revenue is Rs. 505.01 Cr. and Equity Capital is Rs. 24.32 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton BlendedSurvey No. 380/1, Khanvel Silvassa Road, Silvassa Dadra & Nagar Haveli 396230cs@fazethree.com
http://www.fazethree.com
Management
NamePosition Held
Mr. Ajay AnandChairman & Managing Director
Mr. Sanjay AnandWhole Time Director
Mr. Manan ShahIndependent Director
Mr. Vinit RathodIndependent Director
Mrs. Rashmi AnandNon Executive Director
Mr. James Barry LeonardIndependent Director
Mr. Chuji KondoIndependent Director

FAQ

What is the latest intrinsic value of Faze Three Ltd?

The latest intrinsic value of Faze Three Ltd as on 17 November 2024 is ₹484.60, which is 22.99% higher than the current market price of ₹394.00.

What is the Market Cap of Faze Three Ltd?

The Market Cap of Faze Three Ltd is 958 Cr..

What is the current Stock Price of Faze Three Ltd as on 17 November 2024?

The current stock price of Faze Three Ltd as on 17 November 2024 is ₹394.

What is the High / Low of Faze Three Ltd stocks in FY 2024?

In FY 2024, the High / Low of Faze Three Ltd stocks is 584/344.

What is the Stock P/E of Faze Three Ltd?

The Stock P/E of Faze Three Ltd is 23.1.

What is the Book Value of Faze Three Ltd?

The Book Value of Faze Three Ltd is 157.

What is the Dividend Yield of Faze Three Ltd?

The Dividend Yield of Faze Three Ltd is 0.00 %.

What is the ROCE of Faze Three Ltd?

The ROCE of Faze Three Ltd is 16.0 %.

What is the ROE of Faze Three Ltd?

The ROE of Faze Three Ltd is 13.1 %.

What is the Face Value of Faze Three Ltd?

The Face Value of Faze Three 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 Faze Three 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