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Last Updated on: 22 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 543985 | NSE: ZAGGLE

Zaggle Prepaid Ocean Services Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 9:12 pm

Market Cap 5,701 Cr.
Current Price 463
High / Low493/207
Stock P/E81.8
Book Value 50.4
Dividend Yield0.00 %
ROCE17.2 %
ROE14.1 %
Face Value 1.00
PEG Ratio-1.34

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

View Share Price Target for Zaggle Prepaid Ocean Services Ltd

Competitors of Zaggle Prepaid Ocean Services Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Zaggle Prepaid Ocean Services Ltd 5,701 Cr. 463493/20781.8 50.40.00 %17.2 %14.1 % 1.00
Industry Average5,701.00 Cr463.0081.8050.400.00%17.20%14.10%1.00

All Competitor Stocks of Zaggle Prepaid Ocean Services Ltd

Quarterly Result

MonthJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales89130148187118184200273252
Expenses78118140169111169179246230
Operating Profit1112718815202722
OPM %12%9%5%9%7%8%10%10%9%
Other Income00-0111455
Interest113643242
Depreciation111322222
Profit before tax910310310212623
Tax %27%26%46%25%31%24%27%26%27%
Net Profit681828151917
EPS in Rs348.450.820.160.820.220.621.251.561.37

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales68240371553776909
Expenses57212311505705824
Operating Profit112860487185
OPM %16%12%16%9%9%9%
Other Income00011114
Interest587111411
Depreciation222688
Profit before tax51851326080
Tax %22%-6%18%28%26%
Net Profit41942234459
EPS in Rs206.671,073.892,328.892.483.594.80
Dividend Payout %0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)375.00%121.05%-45.24%91.30%
Change in YoY Net Profit Growth (%)0.00%-253.95%-166.29%136.54%

Zaggle Prepaid Ocean Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2020-2021 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:48%
TTM:61%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:32%
TTM:273%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:84%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:31 pm

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital0.180.180.1891212
Reserves-65-46-440563605
Borrowings7173701418766
Other Liabilities433526453463
Total Liabilities496293235696746
Fixed Assets87122923113
CWIP00211500
Investments00022659
Other Assets415579193597574
Total Assets496293235696746

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-20320-16-83
Cash from Investing Activity +-4-1-10-18-332
Cash from Financing Activity +27-6-1253403
Net Cash Flow3-3-219-12

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-60.00-45.00-10.00-93.00-16.00

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 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days8534426882
Inventory Days
Days Payable
Cash Conversion Cycle8534426882
Working Capital Days-118-23272129
ROCE %154%124%33%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024
Promoters44.07%44.07%43.93%43.93%
FIIs15.60%13.03%11.70%5.95%
DIIs8.54%6.56%4.57%5.44%
Public31.80%36.34%39.82%44.68%
No. of Shareholders21,41629,32346,56767,620

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
ICICI Prudential Banking and Financial Services716,4900.2316.8716,4902024-11-210%
ICICI Prudential Technology Fund716,4900.1416.8716,4902024-11-210%
PGIM India Small Cap Fund3,1730.010.07716,4902024-11-21-99.56%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23
FaceValue1.001.00
Basic EPS (Rs.)4.062.48
Diluted EPS (Rs.)4.062.46
Cash EPS (Rs.)4.283.16
Book Value[Excl.RevalReserv]/Share (Rs.)46.975.29
Book Value[Incl.RevalReserv]/Share (Rs.)46.975.29
Revenue From Operations / Share (Rs.)63.3260.02
PBDIT / Share (Rs.)6.685.34
PBIT / Share (Rs.)6.004.66
PBT / Share (Rs.)4.883.43
Net Profit / Share (Rs.)3.592.48
NP After MI And SOA / Share (Rs.)3.592.48
PBDIT Margin (%)10.558.89
PBIT Margin (%)9.477.77
PBT Margin (%)7.705.71
Net Profit Margin (%)5.674.13
NP After MI And SOA Margin (%)5.674.13
Return on Networth / Equity (%)7.6546.97
Return on Capital Employeed (%)12.2236.73
Return On Assets (%)6.329.75
Long Term Debt / Equity (X)0.021.05
Total Debt / Equity (X)0.122.48
Asset Turnover Ratio (%)1.670.00
Current Ratio (X)6.181.49
Quick Ratio (X)6.181.49
Interest Coverage Ratio (X)5.974.33
Interest Coverage Ratio (Post Tax) (X)4.213.01
Enterprise Value (Cr.)3315.270.00
EV / Net Operating Revenue (X)4.270.00
EV / EBITDA (X)40.500.00
MarketCap / Net Operating Revenue (X)4.540.00
Price / BV (X)6.120.00
Price / Net Operating Revenue (X)4.540.00
EarningsYield0.010.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Zaggle Prepaid Ocean Services Ltd as of November 22, 2024 is: 592.93

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 22, 2024, Zaggle Prepaid Ocean Services Ltd is Undervalued by 28.06% compared to the current share price 463.00

Intrinsic Value of Zaggle Prepaid Ocean Services Ltd as of November 22, 2024 is: 231.47

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 22, 2024, Zaggle Prepaid Ocean Services Ltd is Overvalued by 50.01% compared to the current share price 463.00

Last 5 Year EPS CAGR: -60.96%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 65.60%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 22.60, which is a positive sign.
  3. The company has higher reserves (182.17 cr) compared to borrowings (84.67 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (486.17 cr) and profit (41.00 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 62.20, 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 Zaggle Prepaid Ocean Services Ltd:
    1. Net Profit Margin: 5.67%
      • 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: 12.22% (Industry Average ROCE: 17.2%)
      • 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%: 7.65% (Industry Average ROE: 14.1%)
      • 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): 4.21
      • 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: 6.18
      • 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: 81.8 (Industry average Stock P/E: 81.8)
      • 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: 0.12
      • 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

IT Enabled Services
INDUSTRYADDRESSCONTACT
15th Floor � Western Block, Vamasiram � Suvarna Durga Tech Ranga Reddy District Telangana 500032Mr.Raj%20P%20Narayanam
Executive%20Chairman
Management
NamePosition Held
Mr. Avinash Ramesh GodkhindiManaging Director & CEO
Mr. Arun Vijaykumar GuptaNon Executive Director
Mr. Aravamudan Krishna KumarIndependent Director
Mr. Abhay Deshpande RaosahebIndependent Director
Ms. Prerna TandonIndependent Director

FAQ

What is the latest intrinsic value of Zaggle Prepaid Ocean Services Ltd?

The latest intrinsic value of Zaggle Prepaid Ocean Services Ltd as on 21 November 2024 is ₹592.93, which is 28.06% higher than the current market price of ₹463.00.

What is the Market Cap of Zaggle Prepaid Ocean Services Ltd?

The Market Cap of Zaggle Prepaid Ocean Services Ltd is 5,701 Cr..

What is the current Stock Price of Zaggle Prepaid Ocean Services Ltd as on 21 November 2024?

The current stock price of Zaggle Prepaid Ocean Services Ltd as on 21 November 2024 is ₹463.

What is the High / Low of Zaggle Prepaid Ocean Services Ltd stocks in FY 2024?

In FY 2024, the High / Low of Zaggle Prepaid Ocean Services Ltd stocks is 493/207.

What is the Stock P/E of Zaggle Prepaid Ocean Services Ltd?

The Stock P/E of Zaggle Prepaid Ocean Services Ltd is 81.8.

What is the Book Value of Zaggle Prepaid Ocean Services Ltd?

The Book Value of Zaggle Prepaid Ocean Services Ltd is 50.4.

What is the Dividend Yield of Zaggle Prepaid Ocean Services Ltd?

The Dividend Yield of Zaggle Prepaid Ocean Services Ltd is 0.00 %.

What is the ROCE of Zaggle Prepaid Ocean Services Ltd?

The ROCE of Zaggle Prepaid Ocean Services Ltd is 17.2 %.

What is the ROE of Zaggle Prepaid Ocean Services Ltd?

The ROE of Zaggle Prepaid Ocean Services Ltd is 14.1 %.

What is the Face Value of Zaggle Prepaid Ocean Services Ltd?

The Face Value of Zaggle Prepaid Ocean Services Ltd is 1.00.

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 Zaggle Prepaid Ocean 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