Stock P/E, Current Price, and Intrinsic Value Over Time
Competitors of Aeroflex Industries Ltd
Stock Name
Market Cap
Current Price
High / Low
Stock P/E
Book Value
Dividend Yield
ROCE
ROE
Face Value
Industry Average
2,423.00
N/A
56.10
N/A
N/A
26.50
20.50
N/A
Quarterly Result
Month
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sales
68
66
70
83
84
73
78
88
Expenses
56
57
51
67
66
59
63
70
Operating Profit
12
9
19
16
18
14
14
18
OPM %
18%
14%
27%
19%
21%
19%
19%
21%
Other Income
0
0
0
1
0
1
1
1
Interest
1
1
1
1
1
0
0
0
Depreciation
1
1
2
1
2
2
2
2
Profit before tax
10
7
16
15
15
13
14
17
Tax %
24%
25%
23%
25%
24%
32%
28%
26%
Net Profit
8
5
13
11
12
9
10
12
EPS in Rs
3.28
2.25
1.10
0.97
0.89
0.70
0.78
0.96
Last Updated: September 8, 2024, 12:54 am
Quarterly Chart
Profit & Loss - Annual Report
Last Updated: August 24, 2024, 12:03 pm
Month
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
TTM
Sales
122
145
144
145
241
269
318
323
Expenses
112
121
126
124
194
216
256
259
Operating Profit
10
24
18
21
47
53
62
64
OPM %
8%
16%
13%
15%
20%
20%
20%
20%
Other Income
0
0
1
0
1
-3
4
4
Interest
6
15
12
9
7
4
3
1
Depreciation
4
4
4
4
4
5
6
7
Profit before tax
0
5
4
8
37
41
57
59
Tax %
0%
-42%
-32%
25%
25%
27%
27%
Net Profit
0
7
5
6
28
30
42
43
EPS in Rs
0.09
3.10
2.06
2.63
12.06
2.64
3.23
3.33
Dividend Payout %
0%
0%
0%
0%
0%
8%
8%
Profit & Loss Yearly Chart
YoY Net Profit Growth
Year
2019-2020
2020-2021
2021-2022
2022-2023
2023-2024
YoY Net Profit Growth (%)
-28.57%
20.00%
366.67%
7.14%
40.00%
Change in YoY Net Profit Growth (%)
0.00%
48.57%
346.67%
-359.52%
32.86%
Growth
Compounded Sales Growth
10 Years:
%
5 Years:
17%
3 Years:
30%
TTM:
13%
Compounded Profit Growth
10 Years:
%
5 Years:
43%
3 Years:
79%
TTM:
20%
Stock Price CAGR
10 Years:
%
5 Years:
%
3 Years:
%
1 Year:
2%
Return on Equity
10 Years:
%
5 Years:
24%
3 Years:
27%
Last Year:
21%
Last Updated: August 30, 2024, 5:08 pm
Balance Sheet
Last Updated: July 10, 2024, 9:50 pm
Month
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Equity Capital
28
23
23
23
23
23
26
Reserves
12
25
30
36
63
91
267
Preference Capital
21
0
0
0
0
0
0
Borrowings
78
73
63
53
39
45
0
Other Liabilities
29
33
41
50
58
55
81
Total Liabilities
147
153
157
162
184
214
375
Fixed Assets
48
47
44
43
46
56
83
CWIP
0
0
0
0
7
1
5
Investments
0
0
0
0
0
0
0
Other Assets
99
106
113
118
131
157
286
Total Assets
147
153
157
162
184
214
375
Reserves and Borrowings Chart
Cash Flow
Month
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating ActivityÂ
-5
3
13
12
32
7
44
Cash from Investing ActivityÂ
2
-3
-1
-3
-13
-10
-35
Cash from Financing ActivityÂ
3
-5
-10
-10
-14
0
90
Net Cash Flow
-0
-5
2
-1
5
-2
99
Free Cash Flow
Month
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Free Cash Flow
-89.00
-49.00
-45.00
-32.00
8.00
8.00
62.00
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.
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.
Undervalued: 39.79% compared to the current price ₹187.00
Intrinsic Value: 274.03
Calculation basis:
Fair 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.
Undervalued: 46.54% compared to the current price ₹187.00
Last 5 Year EPS CAGR: 4.83%
*Investments are subject to market risks
Strength and Weakness
Strength
Weakness
The stock has a high average ROCE of 20.57%, which is a positive sign.
The company has higher reserves (74.86 cr) compared to borrowings (53.14 cr), indicating strong financial stability.
The company has shown consistent growth in sales (213.38 cr) and profit (26.38 cr) over the years.
The stock has a high average Working Capital Days of 144.71, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 80.29, 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 Aeroflex Industries Ltd:
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.
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.
ROE%: 14.23% (Industry Average ROE: 20.5%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
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.
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.
Stock P/E: 56.1 (Industry average Stock P/E: 56.1)
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.
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
Steel - General
INDUSTRY
ADDRESS
CONTACT
Plot No.41,42/13,42/14,42/18, Village Chal, Near MIDC Taloja, Mumbai Maharashtra 410208
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 Aeroflex Industries 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
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