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Last Updated on: 25 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Euro India Fresh Foods Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 25, 2024, 11:55 pm

Market Cap 516 Cr.
Current Price 208
High / Low251/124
Stock P/E234
Book Value 27.4
Dividend Yield0.00 %
ROCE6.39 %
ROE3.34 %
Face Value 10.0
PEG Ratio5.92

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

View Share Price Target for Euro India Fresh Foods Ltd

Competitors of Euro India Fresh Foods Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0.59%0.49%0

All Competitor Stocks of Euro India Fresh Foods Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales27.6724.9724.1024.1130.9129.0237.8736.9333.3434.8427.8826.8930.11
Expenses24.6322.0022.5522.4828.9026.9036.1034.9531.4632.5225.9224.6027.40
Operating Profit3.042.971.551.632.012.121.771.981.882.321.962.292.71
OPM %10.99%11.89%6.43%6.76%6.50%7.31%4.67%5.36%5.64%6.66%7.03%8.52%9.00%
Other Income-0.010.280.160.020.020.170.020.020.060.010.040.140.03
Interest0.760.710.700.700.750.730.790.830.920.870.870.910.95
Depreciation0.660.670.680.680.680.680.690.720.720.680.690.700.71
Profit before tax1.611.870.330.270.600.880.310.450.300.780.440.821.08
Tax %0.62%-0.00%-0.00%-0.00%-0.00%88.64%-0.00%-0.00%-0.00%64.10%-0.00%-0.00%-0.00%
Net Profit1.601.870.330.270.600.100.310.450.300.280.440.821.08
EPS in Rs0.650.750.130.110.240.040.120.180.120.110.180.330.44

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales0124843474855729398116143123
Expenses0114538424450678892109135114
Operating Profit0135645556888
OPM %5%6%12%12%8%9%6%5%7%6%5%7%
Other Income0000011100000
Interest0023322223334
Depreciation0012222223333
Profit before tax0011012112222
Tax %150%77%58%94%-93%1%34%55%13%36%29%
Net Profit0-000012101112
EPS in Rs0.00-0.040.120.450.010.550.650.350.140.530.560.490.74
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202021-20222022-2023
YoY Net Profit Growth (%)100.00%-50.00%-100.00%0.00%0.00%
Change in YoY Net Profit Growth (%)0.00%-150.00%-50.00%100.00%0.00%

Euro India Fresh Foods Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2017-2018 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:9%
3 Years:4%
TTM:-4%
Compounded Profit Growth
10 Years:34%
5 Years:29%
3 Years:18%
TTM:20%
Stock Price CAGR
10 Years:%
5 Years:12%
3 Years:19%
1 Year:51%
Return on Equity
10 Years:2%
5 Years:2%
3 Years:3%
Last Year:3%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 3:43 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital51010202525252525252525
Reserves-001-03334353637384042
Borrowings213547414016161933373939
Other Liabilities81514161612172217151914
Total Liabilities356072771148793102112116122120
Fixed Assets172030303031303335333330
CWIP491111111003
Investments000001110000
Other Assets143241478354616776828986
Total Assets356072771148793102112116122120

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-2-9-416-7546-3710
Cash from Investing Activity +-15-8-4-1-2-4-0-5-50-3-4
Cash from Financing Activity +17178033-26-41-13-5-5
Net Cash Flow000-037-370-00-0-00

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow0.00-20.00-32.00-42.00-35.00-36.00-11.00-11.00-14.00-27.00-29.00-31.00

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 Days37381291431271441076859485756
Inventory Days556342346360344336323309328302247339
Days Payable25618517412212349818258394238
Cash Conversion Cycle337195301381349431349296329311262357
Working Capital Days213136217247225280221178220212182239
ROCE %2%6%7%7%5%4%4%4%5%5%5%6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters73.50%73.50%73.50%73.50%73.50%73.50%73.50%73.50%73.50%73.50%73.50%73.50%
Public26.50%26.50%26.50%26.49%26.50%26.50%26.50%26.50%26.50%26.50%53.00%26.50%
No. of Shareholders2985127888811,3341,1911,3341,3441,5071,4933,4131,728

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.)0.880.490.560.530.14
Diluted EPS (Rs.)0.880.490.560.530.14
Cash EPS (Rs.)2.011.621.661.581.12
Book Value[Excl.RevalReserv]/Share (Rs.)26.9026.0025.5224.8624.36
Book Value[Incl.RevalReserv]/Share (Rs.)26.9026.0025.5224.8624.36
Revenue From Operations / Share (Rs.)44.8657.6546.9539.6137.41
PBDIT / Share (Rs.)3.823.203.132.712.18
PBIT / Share (Rs.)2.692.062.031.661.20
PBT / Share (Rs.)1.230.680.870.600.31
Net Profit / Share (Rs.)0.880.480.560.530.14
PBDIT Margin (%)8.525.546.676.835.83
PBIT Margin (%)6.003.584.324.183.21
PBT Margin (%)2.741.191.861.530.82
Net Profit Margin (%)1.960.841.191.340.38
Return on Networth / Equity (%)3.281.872.192.140.58
Return on Capital Employeed (%)8.316.426.345.804.38
Return On Assets (%)1.820.991.201.170.34
Long Term Debt / Equity (X)0.150.180.200.100.08
Total Debt / Equity (X)0.580.590.580.540.31
Asset Turnover Ratio (%)0.911.201.020.910.95
Current Ratio (X)2.112.062.231.791.95
Quick Ratio (X)0.500.590.490.430.55
Inventory Turnover Ratio (X)1.181.561.291.291.46
Interest Coverage Ratio (X)2.612.332.712.592.46
Interest Coverage Ratio (Post Tax) (X)1.601.351.481.511.17
Enterprise Value (Cr.)366.27402.22326.70224.39199.59
EV / Net Operating Revenue (X)3.292.812.812.282.15
EV / EBITDA (X)38.6450.7242.0533.4436.86
MarketCap / Net Operating Revenue (X)2.942.542.491.951.95
Price / BV (X)4.905.644.583.113.00
Price / Net Operating Revenue (X)2.942.542.491.951.95
EarningsYield0.010.000.000.010.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Euro India Fresh Foods Ltd as of November 25, 2024 is: 218.43

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 25, 2024, Euro India Fresh Foods Ltd is Undervalued by 5.01% compared to the current share price 208.00

Intrinsic Value of Euro India Fresh Foods Ltd as of November 25, 2024 is: 304.74

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 25, 2024, Euro India Fresh Foods Ltd is Undervalued by 46.51% compared to the current share price 208.00

Last 5 Year EPS CAGR: 39.51%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (69.08 cr) and profit (1.15 cr) over the years.
  1. The stock has a low average ROCE of 5.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 214.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 324.83, which may not be favorable.
  4. The company has higher borrowings (31.92) compared to reserves (24.67), 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 Euro India Fresh Foods Ltd:
    1. Net Profit Margin: 1.96%
      • 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: 8.31% (Industry Average ROCE: 0.59%)
      • 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%: 3.28% (Industry Average ROE: 0.49%)
      • 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): 1.6
      • 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: 0.5
      • 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: 234 (Industry average Stock P/E: 0)
      • 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: 0.58
      • 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

Euro India Fresh Foods Ltd. is a Public Limited Listed company incorporated on 13/08/2009 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L15400GJ2009PLC057789 and registration number is 057789. Currently Company is involved in the business activities of Manufacture of potato flour & meals and prepared meals of vegetables. Company’s Total Operating Revenue is Rs. 116.43 Cr. and Equity Capital is Rs. 24.80 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Food Processing - Bakery/Dairy/Fruits/OthersPlot No. A-22/1, Surat Gujarat 394510info@euroindiafoods.com
http://www.euroindiafoods.com
Management
NamePosition Held
Mr. Manharbhai Jivanbhai SansparaChairman & Managing Director
Mr. Dinesh Jivanbhai SansparaJoint Managing Director
Mr. Mahesh Vallabhbhai MavaniExecutive Director
Mr. Dipesh Dinesh SansparaExecutive Director
Mrs. Maya Dinesh SansparaNon Executive Director
Mr. Paresh Bhupatbhai LathiyaInd. Non-Executive Director
Mrs. Geeta Dinesh TejaniInd. Non-Executive Director
Mr. Rahil Vinodbhai DhameliyaInd. Non-Executive Director
Mr. Snehal Manjibhai PatelInd. Non-Executive Director
Mr. Viral Kumar R ShahInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Euro India Fresh Foods Ltd?

The latest intrinsic value of Euro India Fresh Foods Ltd as on 25 November 2024 is ₹218.43, which is 5.01% higher than the current market price of ₹208.00.

What is the Market Cap of Euro India Fresh Foods Ltd?

The Market Cap of Euro India Fresh Foods Ltd is 516 Cr..

What is the current Stock Price of Euro India Fresh Foods Ltd as on 25 November 2024?

The current stock price of Euro India Fresh Foods Ltd as on 25 November 2024 is 208.

What is the High / Low of Euro India Fresh Foods Ltd stocks in FY 2024?

In FY 2024, the High / Low of Euro India Fresh Foods Ltd stocks is 251/124.

What is the Stock P/E of Euro India Fresh Foods Ltd?

The Stock P/E of Euro India Fresh Foods Ltd is 234.

What is the Book Value of Euro India Fresh Foods Ltd?

The Book Value of Euro India Fresh Foods Ltd is 27.4.

What is the Dividend Yield of Euro India Fresh Foods Ltd?

The Dividend Yield of Euro India Fresh Foods Ltd is 0.00 %.

What is the ROCE of Euro India Fresh Foods Ltd?

The ROCE of Euro India Fresh Foods Ltd is 6.39 %.

What is the ROE of Euro India Fresh Foods Ltd?

The ROE of Euro India Fresh Foods Ltd is 3.34 %.

What is the Face Value of Euro India Fresh Foods Ltd?

The Face Value of Euro India Fresh Foods 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 Euro India Fresh Foods 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