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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

Oricon Enterprises Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 2:12 pm

Market Cap 485 Cr.
Current Price 30.9
High / Low49.3/29.2
Stock P/E
Book Value 74.8
Dividend Yield1.62 %
ROCE1.31 %
ROE1.32 %
Face Value 2.00
PEG Ratio0.00

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

View Share Price Target for Oricon Enterprises Ltd

Competitors of Oricon Enterprises Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hindustan Tin Works Ltd 176 Cr. 169249/13212.4 2010.71 %11.1 %8.65 % 10.0
HCP Plastene Bulkpack Ltd 181 Cr. 170294/14747.8 49.40.00 %5.83 %0.30 % 10.0
Gujarat Containers Ltd 93.6 Cr. 166200/14210.9 83.60.90 %22.7 %22.9 % 10.0
Goblin India Ltd 48.2 Cr. 34.882.4/29.212.4 31.80.00 %8.18 %6.90 % 10.0
G K P Printing & Packaging Ltd 19.2 Cr. 8.7516.6/7.53 9.980.00 %5.50 %7.89 % 10.0
Industry Average2,702.25 Cr414.1936.02182.070.26%12.94%38.23%7.42

All Competitor Stocks of Oricon Enterprises Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales113.18144.18119.46106.93133.79145.86190.40114.14124.61155.69139.1689.50115.65
Expenses112.28131.48111.50113.94122.73133.92169.29106.60126.00143.87124.6583.46112.90
Operating Profit0.9012.707.96-7.0111.0611.9421.117.54-1.3911.8214.516.042.75
OPM %0.80%8.81%6.66%-6.56%8.27%8.19%11.09%6.61%-1.12%7.59%10.43%6.75%2.38%
Other Income18.750.20137.47-4.273.428.715.987.863.373.077.4013.109.57
Interest3.173.823.373.333.173.341.720.982.242.002.082.322.55
Depreciation7.987.658.708.108.417.227.977.777.639.148.678.6010.01
Profit before tax8.501.43133.36-22.712.9010.0917.406.65-7.893.7511.168.22-0.24
Tax %-11.41%306.29%3.52%-8.63%83.79%8.82%13.97%34.14%12.55%36.00%23.03%14.23%541.67%
Net Profit9.47-2.95128.66-24.670.479.2114.984.37-6.902.418.607.051.06
EPS in Rs0.370.038.26-0.830.130.570.960.27-0.440.150.550.450.07

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
Sales9739928871,0481,1651,1671,0141,119890437504603509
Expenses8718627879561,0791,0589411,014793420478562478
Operating Profit1021301009286110731069616264031
OPM %10%13%11%9%7%9%7%9%11%4%5%7%6%
Other Income342526904755493735251422027
Interest131616162822181817141379
Depreciation27374038566672759033323334
Profit before tax96102701294975324924-61232015
Tax %33%32%38%34%34%34%30%18%-6%-27%7%26%
Net Profit646943853250224026-71141511
EPS in Rs3.763.392.122.751.192.401.142.311.44-0.128.140.950.71
Dividend Payout %12%13%21%16%42%0%44%22%56%-401%12%53%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)7.81%-37.68%97.67%-62.35%56.25%-56.00%81.82%-35.00%-126.92%1728.57%-86.84%
Change in YoY Net Profit Growth (%)0.00%-45.49%135.36%-160.03%118.60%-112.25%137.82%-116.82%-91.92%1855.49%-1815.41%

Oricon Enterprises 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:-17%
5 Years:-33%
3 Years:-31%
TTM:-45%
Compounded Profit Growth
10 Years:-4%
5 Years:-17%
3 Years:68%
TTM:72%
Stock Price CAGR
10 Years:-3%
5 Years:12%
3 Years:-2%
1 Year:-7%
Return on Equity
10 Years:2%
5 Years:0%
3 Years:0%
Last Year:1%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital212131313131313131313131
Reserves5465656006128658218468348921,1201,0021,144
Borrowings19620936840167554249126723216789113
Other Liabilities372381517486394384418367309215113148
Total Liabilities1,1351,1751,5161,5311,9661,7791,7871,5001,4641,5351,2341,436
Fixed Assets543537726860836752776756716541551338
CWIP21839331015142922202316
Investments74141181195349281329188286505232395
Other Assets516479571443771732668528440469429687
Total Assets1,1351,1751,5161,5311,9661,7791,7871,5001,4641,5351,2341,436

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +7690139248-3510215927283342558
Cash from Investing Activity +-72-94-224-213-20059-868-5311874-69
Cash from Financing Activity +14-1978-38267-160-91-276-15-176-911
Net Cash Flow18-23-7-3321-18415-247-10

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow102.00-66.00-109.00-276.00-315.00-565.00-469.00-385.00-171.00-216.00-141.00-49.00

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 Days51557457637395751229628992
Inventory Days586311277277377172142209130539137
Days Payable7275101615998781031168527753
Cash Conversion Cycle38438673280353189114215141551176
Working Capital Days38388517143162118941851486511,283
ROCE %13%9%8%5%6%3%4%3%0%1%-2%-1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters66.28%66.83%66.92%66.92%66.92%66.97%66.97%66.97%66.96%66.96%66.96%66.96%
FIIs5.71%4.19%3.84%3.57%0.01%0.07%0.12%0.02%0.03%0.00%0.01%0.03%
DIIs1.60%1.60%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%
Public26.42%27.38%27.65%27.92%31.47%31.37%31.32%31.41%31.41%31.44%31.43%31.42%
No. of Shareholders22,13024,63826,44526,59727,22127,38228,01228,12428,68031,66037,61846,271

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)1.910.968.14-0.121.44
Diluted EPS (Rs.)1.910.968.14-0.121.44
Cash EPS (Rs.)2.443.089.314.877.38
Book Value[Excl.RevalReserv]/Share (Rs.)74.8252.4363.4256.2952.49
Book Value[Incl.RevalReserv]/Share (Rs.)74.8265.7776.7568.9365.13
Revenue From Operations / Share (Rs.)9.3338.3632.4640.3158.67
PBDIT / Share (Rs.)0.003.993.634.778.23
PBIT / Share (Rs.)-0.501.911.55-0.552.47
PBT / Share (Rs.)-0.631.359.92-0.671.54
Net Profit / Share (Rs.)1.931.007.23-0.441.63
NP After MI And SOA / Share (Rs.)1.910.948.13-0.121.44
PBDIT Margin (%)-0.0510.3911.1711.8214.02
PBIT Margin (%)-5.444.984.76-1.364.21
PBT Margin (%)-6.753.5030.57-1.662.62
Net Profit Margin (%)20.722.6122.27-1.102.77
NP After MI And SOA Margin (%)20.472.4625.06-0.302.44
Return on Networth / Equity (%)2.551.8013.55-0.263.37
Return on Capital Employeed (%)-0.632.741.88-0.723.36
Return On Assets (%)2.081.198.32-0.131.50
Long Term Debt / Equity (X)0.040.040.030.080.10
Total Debt / Equity (X)0.090.100.170.280.39
Asset Turnover Ratio (%)0.100.430.370.290.41
Current Ratio (X)4.013.062.581.931.48
Quick Ratio (X)3.792.332.141.491.10
Inventory Turnover Ratio (X)0.513.272.441.571.61
Dividend Payout Ratio (NP) (%)0.00105.656.140.0090.51
Dividend Payout Ratio (CP) (%)0.0033.104.890.0018.08
Earning Retention Ratio (%)0.00-5.6593.860.009.49
Cash Earning Retention Ratio (%)0.0066.9095.110.0081.92
Interest Coverage Ratio (X)-0.018.794.314.917.29
Interest Coverage Ratio (Post Tax) (X)0.273.481.09-0.532.27
Enterprise Value (Cr.)672.17329.50700.87583.39491.00
EV / Net Operating Revenue (X)4.590.541.370.920.53
EV / EBITDA (X)-8998.285.2612.317.793.80
MarketCap / Net Operating Revenue (X)3.900.430.960.440.16
Retention Ratios (%)0.00-5.6593.850.009.48
Price / BV (X)0.480.310.520.380.23
Price / Net Operating Revenue (X)3.900.430.960.440.16
EarningsYield0.050.050.25-0.010.14

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Oricon Enterprises Ltd as of November 17, 2024 is: 15.05

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, Oricon Enterprises Ltd is Overvalued by 51.29% compared to the current share price 30.90

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Oricon Enterprises Ltd as of November 17, 2024 is: 13.07

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, Oricon Enterprises Ltd is Overvalued by 57.70% compared to the current share price 30.90

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -13.19%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (820.58 cr) compared to borrowings (312.50 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (446.15 cr) and profit (59.85 cr) over the years.
  1. The stock has a low average ROCE of 4.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 140.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 188.25, 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 Oricon Enterprises Ltd:
    1. Net Profit Margin: 20.72%
      • 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: -0.63% (Industry Average ROCE: 12.94%)
      • 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%: 2.55% (Industry Average ROE: 38.23%)
      • 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): 0.27
      • 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: 3.79
      • 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: 0 (Industry average Stock P/E: 36.02)
      • 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: 0.09
      • 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

Oricon Enterprises Ltd. is a Public Limited Listed company incorporated on 07/12/1968 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L28100MH1968PLC014156 and registration number is 014156. Currently Company is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals. Company’s Total Operating Revenue is Rs. 504.02 Cr. and Equity Capital is Rs. 31.41 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Packaging & ContainersNo.1076, Dr. E Moses Road, Worli, Mumbai Maharashtra 400018share@ocl-india.com
http://www.oriconenterprises.com
Management
NamePosition Held
Mr. Adarsh SomaniManaging Director
Mr. B K ToshniwalExecutive Director
Mr. Sumant MimaniIndependent Director
Mr. Shravan Kumar MalaniIndependent Director
Mrs. Mamta BiyaniIndependent Director
Mr. Varun SomaniDirector

FAQ

What is the latest intrinsic value of Oricon Enterprises Ltd?

The latest intrinsic value of Oricon Enterprises Ltd as on 17 November 2024 is ₹15.05, which is 51.29% lower than the current market price of ₹30.90.

What is the Market Cap of Oricon Enterprises Ltd?

The Market Cap of Oricon Enterprises Ltd is 485 Cr..

What is the current Stock Price of Oricon Enterprises Ltd as on 17 November 2024?

The current stock price of Oricon Enterprises Ltd as on 17 November 2024 is ₹30.9.

What is the High / Low of Oricon Enterprises Ltd stocks in FY 2024?

In FY 2024, the High / Low of Oricon Enterprises Ltd stocks is 49.3/29.2.

What is the Stock P/E of Oricon Enterprises Ltd?

The Stock P/E of Oricon Enterprises Ltd is .

What is the Book Value of Oricon Enterprises Ltd?

The Book Value of Oricon Enterprises Ltd is 74.8.

What is the Dividend Yield of Oricon Enterprises Ltd?

The Dividend Yield of Oricon Enterprises Ltd is 1.62 %.

What is the ROCE of Oricon Enterprises Ltd?

The ROCE of Oricon Enterprises Ltd is 1.31 %.

What is the ROE of Oricon Enterprises Ltd?

The ROE of Oricon Enterprises Ltd is 1.32 %.

What is the Face Value of Oricon Enterprises Ltd?

The Face Value of Oricon Enterprises Ltd is 2.00.

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 Oricon Enterprises 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