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Last Updated on: 26 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Geekay Wires Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 25, 2024, 11:52 pm

Market Cap 482 Cr.
Current Price 92.3
High / Low148/73.7
Stock P/E12.2
Book Value 24.4
Dividend Yield0.65 %
ROCE34.5 %
ROE42.1 %
Face Value 2.00
PEG Ratio0.29

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

View Share Price Target for Geekay Wires Ltd

Competitors of Geekay Wires Ltd

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

All Competitor Stocks of Geekay Wires Ltd

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales45.0052.7143.2850.3364.4463.9979.1287.62104.84103.30103.5897.80109.09
Expenses40.0049.3143.2347.0766.5465.7468.8984.37100.4493.9293.4386.98100.33
Operating Profit5.003.400.053.26-2.10-1.7510.233.254.409.3810.1510.828.76
OPM %11.11%6.45%0.12%6.48%-3.26%-2.73%12.93%3.71%4.20%9.08%9.80%11.06%8.03%
Other Income-0.181.733.861.657.377.17-2.042.992.541.8810.633.507.49
Interest1.311.401.961.711.891.901.981.571.391.541.931.271.06
Depreciation0.690.711.020.840.870.890.910.930.991.031.121.241.25
Profit before tax2.823.020.932.362.512.635.303.744.568.6917.7311.8113.94
Tax %28.01%27.81%35.48%38.56%27.89%27.76%27.55%31.28%28.95%29.23%29.72%29.55%29.20%
Net Profit2.042.180.611.451.811.903.842.583.246.1512.458.329.87
EPS in Rs0.390.420.120.280.350.360.730.490.621.182.381.591.89

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
Sales302640618064124218190170258399414
Expenses282638587762118210179158248372375
Operating Profit1-02332681112102739
OPM %5%-1%6%4%4%4%5%4%6%7%4%7%9%
Other Income0100133776141824
Interest1022245876876
Depreciation0000111233445
Profit before tax0000112599133552
Tax %-500%10%32%21%33%32%53%42%27%29%30%30%
Net Profit000011136692437
EPS in Rs0.020.070.070.090.260.260.200.551.241.201.724.677.04
Dividend Payout %0%0%0%0%0%0%0%0%0%68%29%12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%0.00%200.00%100.00%0.00%50.00%166.67%
Change in YoY Net Profit Growth (%)0.00%0.00%200.00%-100.00%-100.00%50.00%116.67%

Geekay Wires Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2016-2017 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:26%
5 Years:14%
3 Years:34%
TTM:3%
Compounded Profit Growth
10 Years:72%
5 Years:68%
3 Years:83%
TTM:2%
Stock Price CAGR
10 Years:%
5 Years:69%
3 Years:74%
1 Year:16%
Return on Equity
10 Years:27%
5 Years:31%
3 Years:37%
Last Year:42%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:30 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital55555810101010101010
Reserves0001615233035426399117
Borrowings1619202653717055871099273105
Other Liabilities3515115252313940535043
Total Liabilities2329404369119126108141200219232275
Fixed Assets6679183338384546607393
CWIP0001900200141
Investments0000000000333
Other Assets172333334386896997155156153178
Total Assets2329404369119126108141200219232275

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-6151-12-141713-16-15362
Cash from Investing Activity +-0-0-1-2-13-8-5-2-7-10-21-19
Cash from Financing Activity +61-222426-12-132216-34-41
Net Cash Flow-0221-140-2-15-31

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow1.00-16.00-17.00-17.00-23.00-51.00-65.00-62.00-44.00-75.00-99.00-65.00

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 Days928911477115114897869876856
Inventory Days71885043608836381281115741
Days Payable32509953254539121213510
Cash Conversion Cycle13012766661501578710318418412087
Working Capital Days192132706417515580981801528785
ROCE %4%10%10%12%9%9%13%16%13%14%27%35%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters59.07%59.07%59.07%59.29%59.29%59.34%59.34%59.27%59.27%59.27%59.27%59.27%
Public40.92%40.93%40.93%40.71%40.71%40.66%40.66%40.73%40.73%40.73%40.73%40.73%
No. of Shareholders3,4403,8734,7684,5395,4835,97211,56511,20511,95916,62423,33327,513

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
FaceValue2.0010.0010.0010.0010.00
Basic EPS (Rs.)7.3723.378.616.036.21
Diluted EPS (Rs.)7.3723.378.616.036.21
Cash EPS (Rs.)8.4127.2711.968.988.67
Book Value[Excl.RevalReserv]/Share (Rs.)20.0365.9745.2938.5834.55
Book Value[Incl.RevalReserv]/Share (Rs.)20.9270.4449.7743.0539.02
Dividend / Share (Rs.)0.602.702.504.100.00
Revenue From Operations / Share (Rs.)78.75382.06246.78162.85182.17
PBDIT / Share (Rs.)12.5446.1322.7517.0317.37
PBIT / Share (Rs.)11.5142.2319.4114.0714.90
PBT / Share (Rs.)10.4933.2312.258.458.56
Net Profit / Share (Rs.)7.3723.378.616.036.21
PBDIT Margin (%)15.9212.079.2210.459.53
PBIT Margin (%)14.6111.057.868.648.18
PBT Margin (%)13.318.694.965.184.69
Net Profit Margin (%)9.366.113.483.703.40
Return on Networth / Equity (%)36.8135.4319.0115.6317.96
Return on Capital Employeed (%)45.7535.9324.6616.7526.78
Return On Assets (%)16.5811.144.484.465.98
Long Term Debt / Equity (X)0.150.640.550.970.39
Total Debt / Equity (X)0.691.342.292.061.52
Asset Turnover Ratio (%)1.821.901.511.361.62
Current Ratio (X)1.461.571.291.771.32
Quick Ratio (X)1.101.060.750.881.02
Inventory Turnover Ratio (X)7.575.573.804.608.45
Dividend Payout Ratio (NP) (%)7.3210.6924.3833.160.00
Dividend Payout Ratio (CP) (%)6.429.1617.5522.250.00
Earning Retention Ratio (%)92.6889.3175.6266.840.00
Cash Earning Retention Ratio (%)93.5890.8482.4577.750.00
Interest Coverage Ratio (X)12.267.503.183.032.74
Interest Coverage Ratio (Post Tax) (X)8.215.262.202.071.98
Enterprise Value (Cr.)552.39253.39168.38159.14101.20
EV / Net Operating Revenue (X)1.340.630.650.930.53
EV / EBITDA (X)8.435.267.088.945.57
MarketCap / Net Operating Revenue (X)1.180.420.270.470.27
Retention Ratios (%)92.6789.3075.6166.830.00
Price / BV (X)4.662.441.472.011.44
Price / Net Operating Revenue (X)1.180.420.270.470.27
EarningsYield0.070.140.120.070.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Geekay Wires Ltd as of November 26, 2024 is: 126.14

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 26, 2024, Geekay Wires Ltd is Undervalued by 36.66% compared to the current share price 92.30

Intrinsic Value of Geekay Wires Ltd as of November 26, 2024 is: 178.52

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 26, 2024, Geekay Wires Ltd is Undervalued by 93.41% compared to the current share price 92.30

Last 5 Year EPS CAGR: 41.52%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (159.54 cr) and profit (9.77 cr) over the years.
  1. The stock has a low average ROCE of 14.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 122.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 121.75, which may not be favorable.
  4. The company has higher borrowings (61.23) compared to reserves (33.15), 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 Geekay Wires Ltd:
    1. Net Profit Margin: 9.36%
      • 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: 45.75% (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%: 36.81% (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): 8.21
      • 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: 1.1
      • 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: 12.2 (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: 0.69
      • 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

No data availabale for About the Company
INDUSTRYADDRESSCONTACT
Industry not foundAddress not foundContact not found
Management Data not Available

FAQ

What is the latest intrinsic value of Geekay Wires Ltd?

The latest intrinsic value of Geekay Wires Ltd as on 26 November 2024 is ₹126.14, which is 36.66% higher than the current market price of ₹92.30.

What is the Market Cap of Geekay Wires Ltd?

The Market Cap of Geekay Wires Ltd is 482 Cr..

What is the current Stock Price of Geekay Wires Ltd as on 26 November 2024?

The current stock price of Geekay Wires Ltd as on 26 November 2024 is 92.3.

What is the High / Low of Geekay Wires Ltd stocks in FY 2024?

In FY 2024, the High / Low of Geekay Wires Ltd stocks is 148/73.7.

What is the Stock P/E of Geekay Wires Ltd?

The Stock P/E of Geekay Wires Ltd is 12.2.

What is the Book Value of Geekay Wires Ltd?

The Book Value of Geekay Wires Ltd is 24.4.

What is the Dividend Yield of Geekay Wires Ltd?

The Dividend Yield of Geekay Wires Ltd is 0.65 %.

What is the ROCE of Geekay Wires Ltd?

The ROCE of Geekay Wires Ltd is 34.5 %.

What is the ROE of Geekay Wires Ltd?

The ROE of Geekay Wires Ltd is 42.1 %.

What is the Face Value of Geekay Wires Ltd?

The Face Value of Geekay Wires Ltd is 2.00.

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 Geekay Wires 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