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Last Updated on: 24 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 543910 | NSE: AVG

AVG Logistics Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 23, 2024, 11:11 pm

Market Cap 542 Cr.
Current Price 369
High / Low 668/334
Stock P/E20.0
Book Value 154
Dividend Yield0.33 %
ROCE14.7 %
ROE14.4 %
Face Value 10.0
PEG Ratio0.21

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

View Share Price Target for AVG Logistics Ltd

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Flomic Global Logistics Ltd 122 Cr. 67.4 88.0/61.028.8 24.10.00 %8.64 %5.18 % 10.0
DJ Mediaprint & Logistics Ltd 614 Cr. 188 212/42.787.9 11.00.04 %19.0 %16.2 % 10.0
Delhivery Ltd 26,690 Cr. 359 488/326848 1250.00 %1.73 %2.94 % 1.00
Chartered Logistics Ltd 118 Cr. 11.9 14.2/5.8745.8 5.270.00 %4.43 %0.36 % 1.00
Cargotrans Maritime Ltd 35.5 Cr. 87.0 103/50.820.2 36.90.00 %18.7 %14.0 % 10.0
Industry Average4,213.18N/A95.18N/AN/A9.5413.90N/A

All Competitor Stocks of

Quarterly Result

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales128.8396.89110.88106.46112.87100.34117.87124.77136.95122.91
Expenses88.4780.9594.3387.7386.4281.7796.59102.12115.70100.07
Operating Profit40.3615.9416.5518.7326.4518.5721.2822.6521.2522.84
OPM %31.33%16.45%14.93%17.59%23.43%18.51%18.05%18.15%15.52%18.58%
Other Income0.070.220.150.741.670.420.110.5024.100.78
Interest7.797.007.138.457.487.247.017.066.806.63
Depreciation8.418.928.588.828.679.099.719.5710.0110.37
Profit before tax24.230.240.992.2011.972.664.676.5228.546.62
Tax %-0.29%62.50%10.10%11.82%23.39%21.43%37.47%32.82%19.73%21.30%
Net Profit24.890.040.901.3511.072.531.724.8022.875.21
EPS in Rs21.140.030.761.159.402.151.464.0816.753.81

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales227313322333432427480502
Expenses202285298318390352396414
Operating Profit2528241541768488
OPM %11%9%8%5%10%18%17%18%
Other Income0112132525
Interest79101323312828
Depreciation689718363840
Profit before tax12136-21114246
Tax %37%25%30%-25%-8%30%24%
Net Profit895-2183235
EPS in Rs10.479.225.04-1.460.827.0823.3726.10
Dividend Payout %0%0%0%0%0%14%5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)12.50%-44.44%-140.00%150.00%700.00%300.00%
Change in YoY Net Profit Growth (%)0.00%-56.94%-95.56%290.00%550.00%-400.00%

AVG Logistics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:9%
3 Years:13%
TTM:20%
Compounded Profit Growth
10 Years:%
5 Years:16%
3 Years:113%
TTM:62%
Stock Price CAGR
10 Years:%
5 Years:42%
3 Years:71%
1 Year:9%
Return on Equity
10 Years:%
5 Years:7%
3 Years:10%
Last Year:14%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:57 pm

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital710101212121414
Reserves225864677078186201
Borrowings507380107287266220214
Other Liabilities2034554555522837
Total Liabilities100175209230424408449466
Fixed Assets22373964238216230219
CWIP481620207
Investments29101010101010
Other Assets73120143154176179208230
Total Assets100175209230424408449466

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +12-621-429381
Cash from Investing Activity +-10-38-17-16-24-16-35
Cash from Financing Activity +-145-320-6-2434
Net Cash Flow111-0-1-10

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-25.00-45.00-56.00-92.00-246.00-190.00-136.00

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 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days7682929291105123
Inventory Days317
Days Payable12696291
Cash Conversion Cycle-48-13-1929291105123
Working Capital Days607366988793123
ROCE %21%11%6%9%12%15%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters69.99%61.21%61.22%61.22%61.22%61.22%61.22%61.22%61.22%61.22%52.76%52.76%
FIIs0.00%0.00%0.00%0.00%0.00%0.18%0.18%0.18%4.35%5.19%8.03%8.60%
DIIs18.20%24.60%24.60%24.45%24.18%24.00%24.00%21.48%8.39%1.69%1.44%1.44%
Public11.81%14.18%14.17%14.32%14.58%14.59%14.59%17.12%26.03%31.89%37.77%37.20%
No. of Shareholders3022872762712622912719962,3463,7917,5198,959

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
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)26.667.095.12-1.585.04
Diluted EPS (Rs.)26.667.095.12-1.585.04
Cash EPS (Rs.)51.7337.0810.514.2613.39
Book Value[Excl.RevalReserv]/Share (Rs.)146.4176.2371.8666.7571.68
Book Value[Incl.RevalReserv]/Share (Rs.)146.4176.2371.8666.7571.68
Revenue From Operations / Share (Rs.)351.37362.71366.93283.13312.96
PBDIT / Share (Rs.)69.5066.0224.9713.2724.84
PBIT / Share (Rs.)41.3935.6219.567.5115.80
PBT / Share (Rs.)31.029.497.19-2.866.40
Net Profit / Share (Rs.)23.626.685.10-1.504.35
NP After MI And SOA / Share (Rs.)23.377.095.12-1.465.04
PBDIT Margin (%)19.7718.206.804.687.93
PBIT Margin (%)11.789.815.332.655.04
PBT Margin (%)8.822.611.95-1.012.04
Net Profit Margin (%)6.721.841.38-0.521.38
NP After MI And SOA Margin (%)6.651.951.39-0.511.60
Return on Networth / Equity (%)15.969.297.11-2.187.02
Return on Capital Employeed (%)16.8915.7114.527.2515.52
Return On Assets (%)7.112.042.32-0.742.48
Long Term Debt / Equity (X)0.130.490.800.490.37
Total Debt / Equity (X)0.441.251.361.090.87
Asset Turnover Ratio (%)1.121.281.771.521.68
Current Ratio (X)1.721.151.461.251.26
Quick Ratio (X)1.721.151.461.251.26
Inventory Turnover Ratio (X)0.000.000.000.005.54
Dividend Payout Ratio (NP) (%)1.430.000.000.000.00
Dividend Payout Ratio (CP) (%)0.640.000.000.000.00
Earning Retention Ratio (%)98.570.000.000.000.00
Cash Earning Retention Ratio (%)99.360.000.000.000.00
Interest Coverage Ratio (X)3.382.532.021.282.64
Interest Coverage Ratio (Post Tax) (X)1.651.261.410.771.49
Enterprise Value (Cr.)860.43308.93210.36134.7789.27
EV / Net Operating Revenue (X)1.790.720.480.400.27
EV / EBITDA (X)9.063.977.158.623.49
MarketCap / Net Operating Revenue (X)1.630.460.230.160.09
Retention Ratios (%)98.560.000.000.000.00
Price / BV (X)3.902.221.180.690.41
Price / Net Operating Revenue (X)1.630.460.230.160.09
EarningsYield0.040.040.06-0.030.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of AVG Logistics Ltd as of December 24, 2024 is: 444.98

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 December 24, 2024, AVG Logistics Ltd is Undervalued by 20.59% compared to the current share price 369.00

Intrinsic Value of AVG Logistics Ltd as of December 24, 2024 is: 869.95

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 December 24, 2024, AVG Logistics Ltd is Undervalued by 135.76% compared to the current share price 369.00

Last 5 Year EPS CAGR: 95.50%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (379.50 cr) and profit (16.13 cr) over the years.
  1. The stock has a low average ROCE of 10.57%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 85.71, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 22.57, which may not be favorable.
  4. The company has higher borrowings (162.13) compared to reserves (93.25), which may suggest financial risk.

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 AVG Logistics Ltd:
    1. Net Profit Margin: 6.72%
      • 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: 16.89% (Industry Average ROCE: 9.54%)
      • 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%: 15.96% (Industry Average ROE: 13.9%)
      • 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): 1.65
      • 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: 1.72
      • 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: 20 (Industry average Stock P/E: 95.18)
      • 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: 0.44
      • 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

AVG Logistics Ltd. is a Public Limited Listed company incorporated on 25/01/2010 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L60200DL2010PLC198327 and registration number is 198327. Currently Company is involved in the business activities of Motorised road freight transport. Company’s Total Operating Revenue is Rs. 432.08 Cr. and Equity Capital is Rs. 11.78 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/OthersOffice No. 25, Delhi Delhi 110092cs@avglogistics.com
http://www.avglogistics.com
Management
NamePosition Held
Mr. Sanjay GuptaChairman & Managing Director
Mrs. Asha GuptaWhole Time Director
Mr. Shyam Sunder SoniIndependent Director
Mr. Susheel Kumar TyagiIndependent Director
Mr. Ankit JainNon Executive Director
Mr. Apurva ChamariaNon Executive Director
Mr. Pawan KantIndependent Director

FAQ

What is the latest intrinsic value of AVG Logistics Ltd?

The latest intrinsic value of AVG Logistics Ltd as on 24 December 2024 is ₹444.98, which is 20.59% higher than the current market price of ₹369.00. The stock has a market capitalization of 542 Cr. and recorded a high/low of 668/334 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹201 Cr and total liabilities of ₹466 Cr.

What is the Market Cap of AVG Logistics Ltd?

The Market Cap of AVG Logistics Ltd is 542 Cr..

What is the current Stock Price of AVG Logistics Ltd as on 24 December 2024?

The current stock price of AVG Logistics Ltd as on 24 December 2024 is 369.

What is the High / Low of AVG Logistics Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of AVG Logistics Ltd stocks is 668/334.

What is the Stock P/E of AVG Logistics Ltd?

The Stock P/E of AVG Logistics Ltd is 20.0.

What is the Book Value of AVG Logistics Ltd?

The Book Value of AVG Logistics Ltd is 154.

What is the Dividend Yield of AVG Logistics Ltd?

The Dividend Yield of AVG Logistics Ltd is 0.33 %.

What is the ROCE of AVG Logistics Ltd?

The ROCE of AVG Logistics Ltd is 14.7 %.

What is the ROE of AVG Logistics Ltd?

The ROE of AVG Logistics Ltd is 14.4 %.

What is the Face Value of AVG Logistics Ltd?

The Face Value of AVG Logistics 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 AVG Logistics 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