Frontier Capital Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 21, 2025, 8:13 pm

Market Cap	37.8 Cr.
Current Price	22.5
High / Low	40.6/12.1
Stock P/E	164
Book Value	1.50
Dividend Yield	0.00 %
ROCE	4.46 %
ROE	4.59 %
Face Value	10.0
PEG Ratio	16.88

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Frontier Capital Ltd

Competitors of Frontier Capital Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Monarch Networth Capital Ltd	2,787 Cr.	355	501/226	18.0	93.0	0.14 %	51.8 %	43.4 %	10.0
Monotype India Ltd	55.6 Cr.	0.79	2.42/0.54	6.95	0.13	0.00 %	438 %	%	1.00
Multipurpose Trading & Agencies Ltd	5.20 Cr.	10.5	13.3/7.81	27.4	10.2	0.00 %	4.44 %	3.91 %	10.0
Munoth Financial Services Ltd	33.1 Cr.	64.4	75.5/54.6		21.2	0.00 %	1.71 %	1.79 %	10.0
Naperol Investments Ltd	490 Cr.	852	2,041/801	2,578	3,204	0.00 %	0.08 %	0.05 %	10.0
Industry Average	6,318.05 Cr	1,418.96		78.12	5,313.07	0.36%	18.22%	16.82%	7.38

All Competitor Stocks of Frontier Capital Ltd

Quarterly Result

Metric	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	0.00	0.00	1.11	0.08	0.08	0.08	0.08	0.06	0.06	0.06	0.10	0.14	0.15
Expenses	2.38	0.10	-2.29	0.16	0.13	0.04	0.17	0.04	0.03	0.03	0.08	0.11	0.11
Operating Profit	-2.38	-0.10	3.40	-0.08	-0.05	0.04	-0.09	0.02	0.03	0.03	0.02	0.03	0.04
OPM %			306.31%	-100.00%	-62.50%	50.00%	-112.50%	33.33%	50.00%	50.00%	20.00%	21.43%	26.67%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.43	0.00	0.00	0.00	0.01	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-2.38	-0.10	3.40	-0.08	-0.05	0.04	0.34	0.02	0.03	0.03	0.03	0.03	0.04
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-11.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-2.38	-0.10	3.40	-0.08	-0.05	0.04	0.38	0.02	0.03	0.03	0.03	0.03	0.04
EPS in Rs	-1.42	-0.06	2.03	-0.05	-0.03	0.02	0.23	0.01	0.02	0.02	0.02	0.02	0.02

Last Updated: January 5, 2025, 8:07 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:27 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1.87	2.99	2.94	2.15	0.76	0.01	0.02	0.27	0.27	1.11	0.31	0.29	0.36
Expenses	0.31	1.24	2.53	1.24	2.08	8.13	0.39	0.60	1.15	0.26	0.50	0.18	0.25
Operating Profit	1.56	1.75	0.41	0.91	-1.32	-8.12	-0.37	-0.33	-0.88	0.85	-0.19	0.11	0.11
OPM %	83.42%	58.53%	13.95%	42.33%	-173.68%	-81,200.00%	-1,850.00%	-122.22%	-325.93%	76.58%	-61.29%	37.93%	30.56%
Other Income	0.00	0.05	0.02	0.07	0.17	0.01	0.00	-5.60	0.04	0.00	0.43	0.00	0.01
Interest	0.00	0.16	0.02	0.00	0.00	0.00	0.76	0.35	0.01	0.01	0.00	0.00	0.00
Depreciation	0.07	0.02	0.10	0.46	0.46	0.35	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	1.49	1.62	0.31	0.52	-1.61	-8.46	-1.14	-6.28	-0.85	0.84	0.24	0.11	0.12
Tax %	38.26%	37.04%	54.84%	26.92%	-22.98%	4.26%	5.26%	0.00%	0.00%	0.00%	-16.67%	0.00%
Net Profit	0.93	1.03	0.15	0.38	-1.24	-8.81	-1.19	-6.28	-0.85	0.84	0.28	0.11	0.12
EPS in Rs	31.00	34.33	5.00	12.67	-47.29	-336.00	-45.39	-3.75	-0.51	0.50	0.17	0.07	0.08
Dividend Payout %	2.69%	2.43%	16.67%	6.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	10.75%	-85.44%	153.33%	-426.32%	-610.48%	86.49%	-427.73%	86.46%	198.82%	-66.67%	-60.71%
Change in YoY Net Profit Growth (%)	0.00%	-96.19%	238.77%	-579.65%	-184.17%	696.98%	-514.22%	514.20%	112.36%	-265.49%	5.95%

Frontier Capital 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:	-21%
5 Years:	71%
3 Years:	2%
TTM:	108%

Compounded Profit Growth
10 Years:	-20%
5 Years:	16%
3 Years:	29%
TTM:	-50%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	-31%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	20%
Last Year:	5%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 3:35 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.25	0.25	0.25	0.25	0.26	0.26	0.26	16.76	16.76	16.76	16.76	16.76	16.76
Reserves	17.96	23.96	4.07	4.43	3.17	-5.65	-8.41	-14.69	-15.54	-14.70	-14.42	-14.31	-14.24
Borrowings	0.00	0.00	14.00	14.04	14.59	14.58	8.08	0.04	0.09	0.39	0.07	0.07	0.12
Other Liabilities	0.57	0.80	0.31	0.33	1.41	9.02	0.51	0.62	0.95	0.88	0.53	0.59	0.61
Total Liabilities	18.78	25.01	18.63	19.05	19.43	18.21	0.44	2.73	2.26	3.33	2.94	3.11	3.25
Fixed Assets	0.07	0.05	1.27	0.81	0.35	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.16	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.05	0.01	0.01	0.00	0.00	7.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	18.66	24.79	17.35	18.24	19.08	10.74	0.44	2.73	2.26	3.33	2.94	3.11	3.25
Total Assets	18.78	25.01	18.63	19.05	19.43	18.21	0.44	2.73	2.26	3.33	2.94	3.11	3.25

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	1.45	-6.33	7.05	0.16	-0.08	-0.70	0.01	-2.53	-0.05	-0.23	0.61	-0.32
Cash from Investing Activity +	0.07	-0.10	-1.10	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activity +	-1.03	4.97	-6.04	0.00	0.51	-0.01	0.00	2.51	0.05	0.30	-0.32	0.00
Net Cash Flow	0.49	-1.46	-0.09	0.18	0.44	-0.71	0.01	-0.02	0.00	0.07	0.29	-0.32

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	1.56	1.75	-13.59	-13.13	-15.91	-22.70	-8.45	-0.37	-0.97	0.46	-0.26	0.04

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	591.42	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	25.17
Inventory Days
Days Payable
Cash Conversion Cycle	591.42	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	25.17
Working Capital Days	2,328.58	2,205.87	2,054.68	2,987.91	7,953.16	197,830.00	-1,460.00	-838.15	-1,284.26	-207.16	-235.48	-365.00
ROCE %	8.39%	8.39%	1.55%	2.81%	-8.76%	-62.18%	-8.33%	22.55%	-49.12%	45.21%	9.88%	4.46%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.53%	74.53%	74.53%	74.53%	74.53%	74.53%	74.53%	74.53%	74.53%	74.53%	74.53%	74.53%
Public	25.47%	25.47%	25.47%	25.47%	25.46%	25.47%	25.46%	25.47%	25.48%	25.47%	25.47%	25.48%
No. of Shareholders	30	30	30	31	375	561	740	1,019	1,070	1,211	1,353	1,368

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 15	Mar 14	Mar 13	Mar 12
FaceValue	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	40.20	41.74	14.37	50.33
Diluted EPS (Rs.)	40.20	41.74	14.37	50.33
Cash EPS (Rs.)	39.80	42.47	17.14	53.62
Book Value[Excl.RevalReserv]/Share (Rs.)	210.30	171.35	107.28	94.08
Book Value[Incl.RevalReserv]/Share (Rs.)	210.30	171.35	107.28	94.08
Revenue From Operations / Share (Rs.)	117.78	121.53	74.70	103.54
PBDIT / Share (Rs.)	62.20	73.47	40.34	81.06
PBIT / Share (Rs.)	62.60	72.74	37.57	77.77
PBT / Share (Rs.)	62.60	66.19	37.57	77.77
Net Profit / Share (Rs.)	40.20	41.74	14.37	50.33
NP After MI And SOA / Share (Rs.)	40.20	41.74	14.37	50.33
PBDIT Margin (%)	52.81	60.45	54.00	78.28
PBIT Margin (%)	53.14	59.85	50.29	75.11
PBT Margin (%)	53.14	54.46	50.29	75.11
Net Profit Margin (%)	34.12	34.34	19.23	48.60
NP After MI And SOA Margin (%)	34.12	34.34	19.23	48.60
Return on Networth / Equity (%)	19.11	24.36	13.39	53.49
Return on Capital Employeed (%)	8.00	7.36	5.05	9.53
Return On Assets (%)	5.02	4.08	1.87	5.33
Long Term Debt / Equity (X)	0.00	0.00	0.21	1.16
Total Debt / Equity (X)	0.00	0.00	0.21	1.16
Asset Turnover Ratio (%)	0.13	0.13	0.08	0.00
Current Ratio (X)	38.39	23.96	33.47	7.31
Quick Ratio (X)	38.39	23.96	15.61	1.94
Dividend Payout Ratio (NP) (%)	2.49	2.39	8.14	2.30
Dividend Payout Ratio (CP) (%)	2.52	2.35	6.82	2.16
Earning Retention Ratio (%)	97.51	97.61	91.86	97.70
Cash Earning Retention Ratio (%)	97.48	97.65	93.18	97.84
Interest Coverage Ratio (X)	0.00	11.23	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	0.00	7.38	0.00	0.00
Enterprise Value (Cr.)	14.01	-0.09	-1.03	-0.62
EV / Net Operating Revenue (X)	4.85	-0.02	-0.56	-0.24
EV / EBITDA (X)	9.19	-0.04	-1.04	-0.31
MarketCap / Net Operating Revenue (X)	0.05	0.04	0.08	0.05
Retention Ratios (%)	97.50	97.60	91.85	97.69
Price / BV (X)	0.02	0.03	0.05	0.06
Price / Net Operating Revenue (X)	0.05	0.04	0.08	0.05
EarningsYield	6.72	6.98	2.40	8.42

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Frontier Capital Ltd as of February 23, 2025 is: ₹9.21

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 February 23, 2025, Frontier Capital Ltd is Overvalued by 59.07% compared to the current share price ₹22.50

Intrinsic Value of Frontier Capital Ltd as of February 23, 2025 is: 10.11

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 February 23, 2025, Frontier Capital Ltd is Overvalued by 55.07% compared to the current share price ₹22.50

Last 5 Year EPS CAGR: 9.72%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -119.65, which is a positive sign.	The stock has a low average ROCE of -2.10%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 51.38, which may not be favorable. The company has higher borrowings (5.08) compared to reserves (-3.72), which may suggest financial risk. The company has not shown consistent growth in sales (1.03) and profit (-1.01).

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 Frontier Capital Ltd:
1. Net Profit Margin: 34.12%
  - 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% (Industry Average ROCE: 17.99%)
  - 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%: 19.11% (Industry Average ROE: 15.43%)
  - 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: 38.39
  - 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: 164 (Industry average Stock P/E: 59.21)
  - 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

Frontier Capital Ltd. is a Public Limited Listed company incorporated on 13/06/1984 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65990MH1984PLC033128 and registration number is 033128. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company's Total Operating Revenue is Rs. 0.28 Cr. and Equity Capital is Rs. 16.76 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	1206, Plot-453, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Mumbai Maharashtra 400013	frontierleasing1984@gmail.com https://www.frontiercapital.in

Management
Name	Position Held
Mr. Hemendranath Choudhary	Executive Director
Ms. George Sundersingh John Davis	Independent Director
Mr. Ashok Katra	Independent Director
Mr. Mayur Doshi	Executive Director
Mrs. Sonali Sasane	Non Executive Director

FAQ

What is the latest intrinsic value of Frontier Capital Ltd?

Let's break down Frontier Capital Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 23 February 2025:

Calculated Fair Value: ₹9.21
Current Market Price: ₹22.50
Variance: 59.07% lower

This suggests Frontier Capital Ltd is currently overvalued by 59.07%. For context:

Market Cap: 37.8 Cr.
52-Week Range: 40.6/12.1
Reserves (Sep 2024): ₹-14.24 Cr
Liabilities: 3.25 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Frontier Capital Ltd?

The Market Cap of Frontier Capital Ltd is 37.8 Cr..

What is the current Stock Price of Frontier Capital Ltd as on 23 February 2025?

The current stock price of Frontier Capital Ltd as on 23 February 2025 is ₹22.5.

What is the High / Low of Frontier Capital Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Frontier Capital Ltd stocks is 40.6/12.1.

What is the Stock P/E of Frontier Capital Ltd?

The Stock P/E of Frontier Capital Ltd is 164.

What is the Book Value of Frontier Capital Ltd?

The Book Value of Frontier Capital Ltd is 1.50.

What is the Dividend Yield of Frontier Capital Ltd?

The Dividend Yield of Frontier Capital Ltd is 0.00 %.

What is the ROCE of Frontier Capital Ltd?

The ROCE of Frontier Capital Ltd is 4.46 %.

What is the ROE of Frontier Capital Ltd?

The ROE of Frontier Capital Ltd is 4.59 %.

What is the Face Value of Frontier Capital Ltd?

The Face Value of Frontier Capital Ltd is 10.0.