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Last Updated on: 18 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 530545 | NSE: COSCO

COSCO (India) Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 18, 2024, 1:28 pm

Market Cap 130 Cr.
Current Price 312
High / Low436/206
Stock P/E34.8
Book Value 124
Dividend Yield0.00 %
ROCE9.43 %
ROE6.45 %
Face Value 10.0
PEG Ratio-23.79

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

View Share Price Target for COSCO (India) Ltd

Competitors of COSCO (India) Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
COSCO (India) Ltd 130 Cr. 312436/20634.8 1240.00 %9.43 %6.45 % 10.0
Archies Ltd 84.7 Cr. 25.142.5/22.4 38.80.00 %0.47 %5.16 % 2.00
Industry Average130.00 Cr168.5534.8081.400.00%4.95%5.81%6.00

All Competitor Stocks of COSCO (India) Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales26.8833.0934.5041.6533.4238.3539.4441.3145.4541.2440.6749.1948.28
Expenses25.3531.2031.9239.6932.0036.5337.2039.4742.5738.6037.7046.3344.91
Operating Profit1.531.892.581.961.421.822.241.842.882.642.972.863.37
OPM %5.69%5.71%7.48%4.71%4.25%4.75%5.68%4.45%6.34%6.40%7.30%5.81%6.98%
Other Income0.230.090.110.460.220.190.090.160.110.57-0.010.280.63
Interest1.311.251.240.881.081.311.361.411.241.351.241.401.24
Depreciation0.350.350.400.550.400.560.490.470.530.630.620.600.60
Profit before tax0.100.381.050.990.160.140.480.121.221.231.101.142.16
Tax %100.00%13.16%38.10%3.03%62.50%42.86%-10.42%91.67%55.74%46.34%-4.55%25.44%28.70%
Net Profit-0.010.320.650.960.070.070.530.010.540.661.150.851.53
EPS in Rs-0.020.771.562.310.170.171.270.021.301.592.762.043.68

Last Updated: October 7, 2024, 8:18 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales93105119126137126133134148136153177179
Expenses8597110116127116124126137128145165168
Operating Profit8891010119811871112
OPM %9%8%8%8%7%8%7%6%7%6%5%6%7%
Other Income-2-100311111111
Interest3344444445555
Depreciation1111111122222
Profit before tax2455865262156
Tax %95%31%18%32%30%37%36%18%29%24%24%32%
Net Profit0343643252134
EPS in Rs0.296.589.168.0513.369.447.264.3510.844.611.637.7110.07
Dividend Payout %0%0%0%12%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)33.33%-25.00%100.00%-33.33%-25.00%-33.33%150.00%-60.00%-50.00%200.00%
Change in YoY Net Profit Growth (%)0.00%-58.33%125.00%-133.33%8.33%-8.33%183.33%-210.00%10.00%250.00%

COSCO (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:5%
5 Years:6%
3 Years:6%
TTM:5%
Compounded Profit Growth
10 Years:-2%
5 Years:1%
3 Years:-11%
TTM:114%
Stock Price CAGR
10 Years:8%
5 Years:29%
3 Years:28%
1 Year:48%
Return on Equity
10 Years:8%
5 Years:5%
3 Years:4%
Last Year:6%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital444444444444
Reserves121418212630333540424246
Borrowings263640404241454348525457
Other Liabilities191214161412111613121517
Total Liabilities6166768186889498105110116124
Fixed Assets444566688899
CWIP000000000000
Investments000000000000
Other Assets576272768082889097102107114
Total Assets6166768186889498105110116124

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +20538-4444558
Cash from Investing Activity +-1-1-1-20-1-1-1-1-1-3-3
Cash from Financing Activity +-1-1-3-3-30-3-5-0-4-5-5
Net Cash Flow1-11-15-40-221-30

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-18.00-28.00-31.00-30.00-32.00-30.00-36.00-35.00-37.00-44.00-47.00-46.00

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 Days625856565470687964595158
Inventory Days223203208219193238231224211284293266
Days Payable222323262223173718182325
Cash Conversion Cycle263237241249226285282266257325322299
Working Capital Days136172172172158190200193197227214198
ROCE %18%17%15%14%15%14%11%8%12%8%6%9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters74.98%74.98%74.98%74.98%74.97%74.97%74.97%74.97%74.97%74.97%74.97%74.97%
DIIs0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public25.01%25.02%25.02%25.02%25.03%25.02%25.03%25.02%25.03%25.03%25.01%25.02%
No. of Shareholders2,7652,8123,3633,4343,3752,9772,8912,8502,9062,8152,6192,668

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
Revenue From Operations [Net]176.55152.28135.89147.51133.45
Other Operating Revenues0.000.240.230.490.37
Total Operating Revenues176.55152.52136.12147.99133.82
Other Income0.950.670.890.910.54
Total Revenue177.50153.18137.01148.91134.36
Cost Of Materials Consumed34.1332.5122.5725.2822.76
Purchase Of Stock-In Trade73.2069.3577.4878.3561.97
Changes In Inventories Of FG,WIP And Stock-In Trade-0.41-6.88-11.57-5.321.60
Employee Benefit Expenses19.8418.2615.3513.9615.06
Finance Costs5.235.154.684.084.40
Depreciation And Amortisation Expenses2.381.921.661.521.46
Other Expenses38.4531.9724.3324.7224.89
Total Expenses172.81152.28134.50142.59132.14
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax4.690.912.516.322.22
Profit/Loss Before Tax4.690.912.516.322.22
Current Tax1.480.370.781.780.84
Deferred Tax0.00-0.17-0.200.03-0.46
Tax For Earlier Years0.000.020.000.000.02
Total Tax Expenses1.480.220.591.810.41
Profit/Loss After Tax And Before ExtraOrdinary Items3.210.681.924.511.81
Profit/Loss From Continuing Operations3.210.681.924.511.81
Profit/Loss For The Period3.210.681.924.511.81
Basic EPS (Rs.)7.711.644.6110.834.34
Diluted EPS (Rs.)7.711.644.6110.834.34

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of COSCO (India) Ltd as of November 18, 2024 is: 283.90

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 18, 2024, COSCO (India) Ltd is Overvalued by 9.01% compared to the current share price 312.00

Intrinsic Value of COSCO (India) Ltd as of November 18, 2024 is: 279.75

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 18, 2024, COSCO (India) Ltd is Overvalued by 10.34% compared to the current share price 312.00

Last 5 Year EPS CAGR: -1.46%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of -4.52 and average Dividend Yield of 146.86%.
  2. The company has shown consistent growth in sales (135.85 cr) and profit (4.38 cr) over the years.
  1. The stock has a low average ROCE of 12.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 185.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 271.00, which may not be favorable.
  4. The company has higher borrowings (43.67) compared to reserves (29.92), 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 COSCO (India) Ltd:
    1. Net Profit Margin: 0%
      • 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: 0% (Industry Average ROCE: 4.95%)
      • 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% (Industry Average ROE: 5.81%)
      • 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): 0
      • 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
      • 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: 34.8 (Industry average Stock P/E: 17.4)
      • 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

Cosco (India) Ltd. is a Public Limited Listed company incorporated on 25/01/1980 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L25199DL1980PLC010173 and registration number is 010173. Currently Company is involved in the business activities of Wholesale of household goods. Company’s Total Operating Revenue is Rs. 136.12 Cr. and Equity Capital is Rs. 4.16 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Leisure ProductsNo. 2/8, Roop Nagar, Delhi Delhi 110007mail@cosco.in
http://www.cosco.in
Management
NamePosition Held
Mr. Devinder Kumar JainManaging Director & CEO
Mr. Narinder Kumar JainManaging Director
Mr. Pankaj JainWhole Time Director
Mr. Tejal JainIndependent Director
Mr. Manish JainWhole Time Director
Mr. Arun JainWholeTime Director & CFO
Mr. Neeraj JainWhole Time Director
Mr. Vineet BhutaniIndependent Director
Mr. Gautam MackerIndependent Director
Mr. Anurag GuptaIndependent Director
Mr. Sudhir KalraIndependent Director
Mr. Vivek SharmaIndependent Director

FAQ

What is the latest intrinsic value of COSCO (India) Ltd?

The latest intrinsic value of COSCO (India) Ltd as on 18 November 2024 is ₹283.90, which is 9.01% lower than the current market price of ₹312.00.

What is the Market Cap of COSCO (India) Ltd?

The Market Cap of COSCO (India) Ltd is 130 Cr..

What is the current Stock Price of COSCO (India) Ltd as on 18 November 2024?

The current stock price of COSCO (India) Ltd as on 18 November 2024 is ₹312.

What is the High / Low of COSCO (India) Ltd stocks in FY 2024?

In FY 2024, the High / Low of COSCO (India) Ltd stocks is 436/206.

What is the Stock P/E of COSCO (India) Ltd?

The Stock P/E of COSCO (India) Ltd is 34.8.

What is the Book Value of COSCO (India) Ltd?

The Book Value of COSCO (India) Ltd is 124.

What is the Dividend Yield of COSCO (India) Ltd?

The Dividend Yield of COSCO (India) Ltd is 0.00 %.

What is the ROCE of COSCO (India) Ltd?

The ROCE of COSCO (India) Ltd is 9.43 %.

What is the ROE of COSCO (India) Ltd?

The ROE of COSCO (India) Ltd is 6.45 %.

What is the Face Value of COSCO (India) Ltd?

The Face Value of COSCO (India) 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 COSCO (India) 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