Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 15 October, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 508933 | NSE: AYMSYNTEX

AYM Syntex Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: October 15, 2024, 11:43 pm

Market Cap 1,152 Cr.
Current Price 227
High / Low232/64.2
Stock P/E75.2
Book Value 83.7
Dividend Yield0.00 %
ROCE6.63 %
ROE1.38 %
Face Value 10.0
PEG Ratio38.04

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

View Share Price Target for AYM Syntex Ltd

Competitors of AYM Syntex Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Cotex Ltd 18.2 Cr. 12.812.8/3.1057.0 4.660.00 %3.52 %2.90 % 5.00
Gini Silk Mills Ltd 68.9 Cr. 123164/46.026.5 85.20.00 %5.66 %4.64 % 10.0
Dhanlaxmi Fabrics Ltd 58.1 Cr. 67.880.0/43.2 55.30.00 %12.2 %14.6 % 10.0
Bluechip Tex Industries Ltd 31.3 Cr. 159226/128 1410.63 %3.29 %1.84 % 10.0
Arex Industries Ltd 66.2 Cr. 167244/10821.4 79.80.00 %11.3 %8.34 % 10.0
Industry Average1,221.14 Cr109.41469.6167.350.10%10.37%13.84%7.33

All Competitor Stocks of AYM Syntex Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales305.96379.30400.89405.31396.62384.46347.10329.60319.53333.35331.39373.89347.19
Expenses274.47336.46356.68362.13367.03362.36324.32308.78305.52312.05305.94333.70317.74
Operating Profit31.4942.8444.2143.1829.5922.1022.7820.8214.0121.3025.4540.1929.45
OPM %10.29%11.29%11.03%10.65%7.46%5.75%6.56%6.32%4.38%6.39%7.68%10.75%8.48%
Other Income1.800.380.062.112.201.891.981.80-8.79-4.05-0.2413.390.77
Interest8.159.229.049.538.858.639.009.528.9410.7411.8610.4911.72
Depreciation10.9413.1212.8013.7014.4814.9314.9412.1714.1114.2014.8514.7514.95
Profit before tax14.2020.8822.4322.068.460.430.820.93-17.83-7.69-1.5028.343.55
Tax %34.93%36.64%35.93%36.67%35.22%41.86%34.15%3.23%-35.73%-35.76%-38.67%31.69%36.06%
Net Profit9.2413.2314.3713.975.480.250.540.90-11.46-4.94-0.9219.362.27
EPS in Rs1.852.642.872.791.090.050.110.18-2.27-0.98-0.183.820.45

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
Sales7728918297947798509921,0289471,4911,4581,3581,386
Expenses7258317456886817869209338541,3271,3611,2571,269
Operating Profit476084106986472959416496101116
OPM %6%7%10%13%13%8%7%9%10%11%7%7%8%
Other Income2333356-2027010
Interest19242422232834383436364245
Depreciation15192024303338454351575859
Profit before tax16204363488510178011123
Tax %-0%2%-0%24%16%5%-7%-71%19%36%33%-54%
Net Profit1620434841861714517216
EPS in Rs4.085.0210.8912.1710.331.751.293.482.8210.131.420.403.11
Dividend Payout %-0%30%-0%-0%-0%-0%-0%-0%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)25.00%115.00%11.63%-14.58%-80.49%-25.00%183.33%-17.65%264.29%-86.27%-71.43%
Change in YoY Net Profit Growth (%)0.00%90.00%-103.37%-26.21%-65.90%55.49%208.33%-200.98%281.93%-350.56%14.85%

AYM Syntex 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:4%
5 Years:6%
3 Years:13%
TTM:0%
Compounded Profit Growth
10 Years:-12%
5 Years:-1%
3 Years:-29%
TTM:1916%
Stock Price CAGR
10 Years:23%
5 Years:48%
3 Years:28%
1 Year:235%
Return on Equity
10 Years:8%
5 Years:5%
3 Years:5%
Last Year:1%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 4:01 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital393939393946465050505051
Reserves6874107155195244249294308360370373
Borrowings197210198204236256311261226290276324
Other Liabilities10111894141119133199211252227224277
Total Liabilities4054414385395906798058158369279201,025
Fixed Assets135209205282329348449440419459448480
CWIP6271814163322717153120
Investments15142201771500000
Other Assets193210193242228292319367400453441524
Total Assets4054414385395906798058158369279201,025

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -144691120592588791005011864
Cash from Investing Activity -75-36-43-74-87-74-112-8-22-57-74-55
Cash from Financing Activity 78-8-44-16-14720-72-734-39-10
Net Cash Flow-113430-29-1-4-25-35-2

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-150.00-150.00-114.00-98.00-138.00-192.00-239.00-166.00-132.00-126.00-180.00-223.00

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 Days191914242937384039272633
Inventory Days51474648696867831168083104
Days Payable3951417482781031211587881115
Cash Conversion Cycle311419-2162723-4302922
Working Capital Days241611-4924112431454354
ROCE %14%14%20%23%16%7%7%9%9%18%7%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters74.24%74.24%74.24%74.15%74.00%74.00%73.95%73.86%73.59%73.59%73.54%73.40%
FIIs0.18%0.17%0.25%0.26%0.22%0.11%0.10%0.09%0.09%0.09%0.10%0.11%
DIIs0.15%0.15%0.15%0.15%0.15%0.15%0.15%0.15%0.15%0.15%0.13%0.07%
Public25.43%25.44%25.36%25.44%25.63%25.75%25.82%25.90%26.18%26.18%26.25%26.42%
No. of Shareholders7,9658,05711,22111,73311,69312,32111,90511,21010,86410,92811,20810,765

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.)0.401.4310.142.823.61
Diluted EPS (Rs.)0.401.4110.142.813.61
Cash EPS (Rs.)11.8412.6520.2611.3512.44
Book Value[Excl.RevalReserv]/Share (Rs.)83.7183.4681.9171.4868.73
Book Value[Incl.RevalReserv]/Share (Rs.)83.7183.4681.9171.4868.73
Revenue From Operations / Share (Rs.)268.25289.51298.08189.35205.70
PBDIT / Share (Rs.)21.3120.4833.1918.8219.54
PBIT / Share (Rs.)9.879.2623.0810.2910.58
PBT / Share (Rs.)0.262.1115.903.472.04
Net Profit / Share (Rs.)0.401.4210.152.823.48
PBDIT Margin (%)7.947.0711.139.949.49
PBIT Margin (%)3.673.197.745.435.14
PBT Margin (%)0.090.725.331.830.99
Net Profit Margin (%)0.150.493.401.481.69
Return on Networth / Equity (%)0.481.7012.393.945.06
Return on Capital Employeed (%)8.937.9919.949.8210.21
Return On Assets (%)0.190.775.481.682.13
Long Term Debt / Equity (X)0.270.360.350.430.47
Total Debt / Equity (X)0.720.630.660.500.65
Asset Turnover Ratio (%)1.401.581.691.151.27
Current Ratio (X)1.051.221.211.141.09
Quick Ratio (X)0.590.620.660.630.65
Inventory Turnover Ratio (X)3.614.515.073.594.86
Interest Coverage Ratio (X)2.572.874.622.762.55
Interest Coverage Ratio (Post Tax) (X)1.211.202.411.411.57
Enterprise Value (Cr.)721.88556.18814.64382.24283.60
EV / Net Operating Revenue (X)0.530.380.540.400.27
EV / EBITDA (X)6.695.394.914.062.90
MarketCap / Net Operating Revenue (X)0.320.210.370.240.07
Price / BV (X)1.030.731.370.640.23
Price / Net Operating Revenue (X)0.320.210.370.240.07
EarningsYield0.000.020.090.060.21

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of AYM Syntex Ltd as of October 15, 2024 is: ₹88.60

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 October 15, 2024, AYM Syntex Ltd is Overvalued by 60.97% compared to the current share price ₹227.00

Intrinsic Value of AYM Syntex Ltd as of October 15, 2024 is: ₹90.35

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 October 15, 2024, AYM Syntex Ltd is Overvalued by 60.20% compared to the current share price ₹227.00

Last 5 Year EPS CAGR: 1.98%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 24.00, which is a positive sign.
  2. The company has shown consistent growth in sales (527.62 cr) and profit (26.54 cr) over the years.
  1. The stock has a low average ROCE of 12.58%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 15.58, which may not be favorable.
  3. The company has higher borrowings (249.08) compared to reserves (233.08), 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 AYM Syntex Ltd:
    1. Net Profit Margin: 0.15%
      • 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: 8.93% (Industry Average ROCE: 10.37%)
      • 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%: 0.48% (Industry Average ROE: 12.92%)
      • 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): 1.21
      • 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: 0.59
      • 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: 75.2 (Industry average Stock P/E: 344.38)
      • 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: 0.72
      • 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

AYM Syntex Ltd. is a Public Limited Listed company incorporated on 15/03/1948 and has its registered office in the State of Dadra & Nagar Haveli, India. Company’s Corporate Identification Number(CIN) is L99999DN1983PLC000045 and registration number is 000045. Currently company belongs to the Industry of Textiles - Processing/Texturising. Company’s Total Operating Revenue is Rs. 1491.46 Cr. and Equity Capital is Rs. 50.04 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Processing/TexturisingSurvey No. 374/1/1, Village Saily, Silvassa, Silvassa Dadra & Nagar Haveli 396230investorrelations@aymgroup.com
http://www.aymsyntex.com
Management
NamePosition Held
Mr. Rajesh MandawewalaChairman & Non-Exe.Director
Mr. Abhishek R MandawewalaManaging Director & CEO
Mrs. Khushboo MandawewalaWhole Time Director
Mr. Kantilal N PatelIndependent Director
Mr. Harsh BhutaIndependent Director
Mr. Mala TodarwalIndependent Director

FAQ

What is the latest fair value of AYM Syntex Ltd?

The latest fair value of AYM Syntex Ltd is ₹88.60.

What is the Market Cap of AYM Syntex Ltd?

The Market Cap of AYM Syntex Ltd is 1,152 Cr..

What is the current Stock Price of AYM Syntex Ltd as on 15 October 2024?

The current stock price of AYM Syntex Ltd as on 15 October 2024 is ₹227.

What is the High / Low of AYM Syntex Ltd stocks in FY 2024?

In FY 2024, the High / Low of AYM Syntex Ltd stocks is 232/64.2.

What is the Stock P/E of AYM Syntex Ltd?

The Stock P/E of AYM Syntex Ltd is 75.2.

What is the Book Value of AYM Syntex Ltd?

The Book Value of AYM Syntex Ltd is 83.7.

What is the Dividend Yield of AYM Syntex Ltd?

The Dividend Yield of AYM Syntex Ltd is 0.00 %.

What is the ROCE of AYM Syntex Ltd?

The ROCE of AYM Syntex Ltd is 6.63 %.

What is the ROE of AYM Syntex Ltd?

The ROE of AYM Syntex Ltd is 1.38 %.

What is the Face Value of AYM Syntex Ltd?

The Face Value of AYM Syntex 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 AYM Syntex 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