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Last Updated on: 25 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 538268 | NSE: WONDERLA

Wonderla Holidays Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 24, 2024, 8:49 pm

Market Cap 4,627 Cr.
Current Price 818
High / Low1,107/770
Stock P/E33.6
Book Value 205
Dividend Yield0.31 %
ROCE19.8 %
ROE14.7 %
Face Value 10.0
PEG Ratio0.33

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

View Share Price Target for Wonderla Holidays Ltd

Competitors of Wonderla Holidays Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Imagicaaworld Entertainment Ltd 3,905 Cr. 72.0103/49.849.2 19.80.00 %3.04 %7.61 % 10.0
Hanman Fit Ltd 3.77 Cr. 3.596.50/2.45 1.880.00 %13.0 %3.70 % 10.0
Ajwa Fun World & Resort Ltd 14.7 Cr. 23.040.3/18.328.8 2.020.00 %12.2 %% 10.0
Wonderla Holidays Ltd 4,627 Cr. 8181,107/77033.6 2050.31 %19.8 %14.7 % 10.0
Delta Corp Ltd 3,000 Cr. 112160/10425.9 95.11.12 %12.4 %8.76 % 1.00
Industry Average3,844.00 Cr205.7234.3864.760.29%12.09%8.69%8.20

All Competitor Stocks of Wonderla Holidays Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales4174858149661139918575124100173
Expenses14213438584757566855696482
Operating Profit-10-414209119564211720543591
OPM %-233%-20%30%34%61%29%50%43%63%27%44%36%53%
Other Income11213451466655
Interest0000000000000
Depreciation10109109999108101012
Profit before tax-19-126128514524711218503083
Tax %-30%-23%30%28%24%27%26%26%25%27%26%25%24%
Net Profit-13-959641139358414372363
EPS in Rs-2.34-1.640.801.5011.381.866.886.2014.932.396.604.0011.18

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales13815418220526327128227138129429483471
Expenses758310012119518116716667107216254270
Operating Profit637182856889115105-2822213229202
OPM %46%46%45%41%26%33%41%39%-74%17%50%47%43%
Other Income22918118103164232322
Interest2222112211221
Depreciation12131614293740424438353840
Profit before tax5058738749598493-66-13199211183
Tax %33%31%31%31%30%35%34%30%-25%-26%25%25%
Net Profit3440516034385565-50-9149158137
EPS in Rs8.009.508.9610.596.006.819.8111.46-8.83-1.6826.3327.9224.17
Dividend Payout %19%16%17%19%17%22%18%16%0%0%10%9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)17.65%27.50%17.65%-43.33%11.76%44.74%18.18%-176.92%82.00%1755.56%6.04%
Change in YoY Net Profit Growth (%)0.00%9.85%-9.85%-60.98%55.10%32.97%-26.56%-195.10%258.92%1673.56%-1749.52%

Wonderla Holidays Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:12%
5 Years:11%
3 Years:133%
TTM:-2%
Compounded Profit Growth
10 Years:14%
5 Years:23%
3 Years:70%
TTM:-20%
Stock Price CAGR
10 Years:10%
5 Years:26%
3 Years:56%
1 Year:-13%
Return on Equity
10 Years:7%
5 Years:6%
3 Years:10%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:33 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital42425656565657575757575757
Reserves781083003466847167628027537448931,0381,106
Borrowings21241571941643765
Other Liabilities2526264513715215511698102120138126
Total Liabilities1662003984558979299749819119061,0761,2381,294
Fixed Assets144145139153708834801785750724726759942
CWIP6204015959153436353342171114
Investments00194847512507053651209070
Other Assets16352459556789907384188218167
Total Assets1662003984558979299749819119061,0761,2381,294

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +4950567368849173-2421192178
Cash from Investing Activity +-37-26-223-19-100-38-99-4444-36-164-158
Cash from Financing Activity +-11-7149-297-24-13-28-2-2-8-16
Net Cash Flow017-1825-2522-22118-16204

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow42.0047.0067.0078.0049.0085.00114.0099.00-32.0019.00206.00223.00

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 Days111112215312
Inventory Days14212913417813889768955420178102
Days Payable2031561132281921361571171,138506213256
Cash Conversion Cycle-60-2722-49-52-45-79-28-580-301-133-152
Working Capital Days-43-40-42-52-65-64-60-8-47-30-5-15
ROCE %41%38%28%21%9%8%10%8%-8%-2%22%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters69.76%69.76%69.76%69.74%69.74%69.74%69.72%69.72%69.74%69.74%69.79%69.79%
FIIs7.68%7.69%7.73%9.30%8.47%5.69%5.42%4.04%4.50%4.42%3.85%3.60%
DIIs3.13%2.73%2.06%0.68%0.79%2.95%3.61%4.26%4.29%4.56%5.97%6.95%
Public19.43%19.83%20.46%20.28%20.99%21.62%21.26%21.97%21.46%21.27%20.39%19.65%
No. of Shareholders40,18239,22038,12737,54336,61536,48135,59743,46452,63357,78162,70955,491

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Tata Small Cap Fund1,257,9971.8110.53254,3462024-11-23394.6%
ITI Small Cap Fund254,3461.0722.35254,3462024-11-230%
Union Small Cap Fund93,1670.618.19254,3462024-11-23-63.37%
ITI Multi Cap Fund79,6890.837254,3462024-11-23-68.67%
ITI Value Fund37,0571.853.26254,3462024-11-23-85.43%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)27.9326.33-1.68-8.8311.46
Diluted EPS (Rs.)27.8426.33-1.68-8.8311.45
Cash EPS (Rs.)34.6732.565.12-1.1118.85
Book Value[Excl.RevalReserv]/Share (Rs.)193.48167.90141.59143.19151.97
Book Value[Incl.RevalReserv]/Share (Rs.)193.48167.90141.59143.19151.97
Dividend / Share (Rs.)2.502.500.000.001.80
Revenue From Operations / Share (Rs.)85.3875.8922.566.8047.92
PBDIT / Share (Rs.)44.2241.494.59-3.9420.54
PBIT / Share (Rs.)37.4735.26-2.20-11.6613.15
PBT / Share (Rs.)37.3535.20-2.25-11.7516.38
Net Profit / Share (Rs.)27.9226.33-1.68-8.8311.46
PBDIT Margin (%)51.7854.6720.35-58.0042.86
PBIT Margin (%)43.8846.46-9.75-171.6427.44
PBT Margin (%)43.7446.38-9.99-172.8834.18
Net Profit Margin (%)32.7034.69-7.43-129.9623.91
Return on Networth / Equity (%)14.4315.68-1.18-6.167.54
Return on Capital Employeed (%)17.9219.21-1.43-7.507.85
Return On Assets (%)12.7513.83-1.04-5.486.60
Asset Turnover Ratio (%)0.410.430.140.040.27
Current Ratio (X)4.467.473.443.624.37
Quick Ratio (X)4.227.223.253.404.17
Inventory Turnover Ratio (X)2.412.700.890.351.99
Dividend Payout Ratio (NP) (%)8.950.000.000.0031.40
Dividend Payout Ratio (CP) (%)7.200.000.000.0019.09
Earning Retention Ratio (%)91.050.000.000.0068.60
Cash Earning Retention Ratio (%)92.800.000.000.0080.91
Interest Coverage Ratio (X)389.67690.0382.67-46.47171.89
Interest Coverage Ratio (Post Tax) (X)247.05438.82-29.18-103.1168.90
Enterprise Value (Cr.)5477.492286.181292.321049.33734.94
EV / Net Operating Revenue (X)11.345.3310.1327.312.71
EV / EBITDA (X)21.909.7449.77-47.086.33
MarketCap / Net Operating Revenue (X)11.605.6410.4528.342.91
Retention Ratios (%)91.040.000.000.0068.59
Price / BV (X)5.122.551.661.350.91
Price / Net Operating Revenue (X)11.605.6410.4528.342.91
EarningsYield0.020.06-0.01-0.040.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Wonderla Holidays Ltd as of November 25, 2024 is: 1,015.67

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 25, 2024, Wonderla Holidays Ltd is Undervalued by 24.17% compared to the current share price 818.00

Intrinsic Value of Wonderla Holidays Ltd as of November 25, 2024 is: 2,056.12

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 25, 2024, Wonderla Holidays Ltd is Undervalued by 151.36% compared to the current share price 818.00

Last 5 Year EPS CAGR: 102.44%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 16.25%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -39.25, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -123.67, which is a positive sign.
  4. The company has higher reserves (640.77 cr) compared to borrowings (9.38 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (255.08 cr) and profit (82.08 cr) over the years.

    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 Wonderla Holidays Ltd:
      1. Net Profit Margin: 32.7%
        • 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: 17.92% (Industry Average ROCE: 12.09%)
        • 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%: 14.43% (Industry Average ROE: 6.95%)
        • 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): 247.05
        • 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: 4.22
        • 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: 33.6 (Industry average Stock P/E: 27.5)
        • 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
        • 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

    Wonderla Holidays Ltd. is a Public Limited Listed company incorporated on 18/11/2002 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L55101KA2002PLC031224 and registration number is 031224. Currently Company is involved in the business activities of Bars and restaurants with bars. Company’s Total Operating Revenue is Rs. 127.55 Cr. and Equity Capital is Rs. 56.55 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Amusement Parks/RecreationJadenahalli, Hejjala P.O, Bengaluru Karnataka 562109investors@wonderla.com
    http://www.wonderla.com
    Management
    NamePosition Held
    Mr. Kochouseph ChittilappillyChairman Emeritus
    Mr. M RamachandranChairman & Ind.Director
    Mr. R LakshminarayananNon Executive Vice Chairman
    Mr. Arun K ChittilappillyManaging Director
    Mr. K Ullas KamathIndependent Director
    Mrs. Anjali NairIndependent Director
    Mr. Madan Achutha PadakiIndependent Director
    Ms. Priya Sarah Cheeran JosephNon Executive Director

    FAQ

    What is the latest intrinsic value of Wonderla Holidays Ltd?

    The latest intrinsic value of Wonderla Holidays Ltd as on 25 November 2024 is ₹1015.67, which is 24.17% higher than the current market price of ₹818.00.

    What is the Market Cap of Wonderla Holidays Ltd?

    The Market Cap of Wonderla Holidays Ltd is 4,627 Cr..

    What is the current Stock Price of Wonderla Holidays Ltd as on 25 November 2024?

    The current stock price of Wonderla Holidays Ltd as on 25 November 2024 is 818.

    What is the High / Low of Wonderla Holidays Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Wonderla Holidays Ltd stocks is 1,107/770.

    What is the Stock P/E of Wonderla Holidays Ltd?

    The Stock P/E of Wonderla Holidays Ltd is 33.6.

    What is the Book Value of Wonderla Holidays Ltd?

    The Book Value of Wonderla Holidays Ltd is 205.

    What is the Dividend Yield of Wonderla Holidays Ltd?

    The Dividend Yield of Wonderla Holidays Ltd is 0.31 %.

    What is the ROCE of Wonderla Holidays Ltd?

    The ROCE of Wonderla Holidays Ltd is 19.8 %.

    What is the ROE of Wonderla Holidays Ltd?

    The ROE of Wonderla Holidays Ltd is 14.7 %.

    What is the Face Value of Wonderla Holidays Ltd?

    The Face Value of Wonderla Holidays 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 Wonderla Holidays 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