Stock P/E, Current Price, and Intrinsic Value Over Time
Competitors of Himadri Speciality Chemical Ltd
Stock Name
Market Cap
Current Price
High / Low
Stock P/E
Book Value
Dividend Yield
ROCE
ROE
Face Value
Industry Average
0 Cr
0
0
0
0%
0%
0%
0
Quarterly Result
Month
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Sales
467
566
540
645
772
834
1,047
1,059
1,037
1,029
951
1,005
1,053
Expenses
426
525
504
616
728
790
975
962
932
903
817
847
879
Operating Profit
41
40
36
30
44
44
72
97
105
126
134
158
174
OPM %
9%
7%
7%
5%
6%
5%
7%
9%
10%
12%
14%
16%
17%
Other Income
4
3
1
3
4
-23
2
-22
8
11
10
10
10
Interest
7
7
8
8
9
11
13
20
20
13
13
16
21
Depreciation
12
12
12
12
12
13
13
13
13
12
12
12
13
Profit before tax
26
24
17
12
27
-3
48
42
79
111
119
139
150
Tax %
38%
6%
17%
24%
11%
-163%
20%
15%
18%
31%
28%
28%
28%
Net Profit
16
23
14
9
24
-9
39
36
65
76
86
101
109
EPS in Rs
0.39
0.55
0.35
0.22
0.58
-0.17
0.92
0.86
1.55
1.76
1.96
2.29
2.47
Last Updated: August 16, 2024, 5:53 am
Quarterly Chart
Profit & Loss - Annual Report
Last Updated: August 9, 2024, 6:44 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Sales
1,144
1,353
1,395
1,437
1,182
1,341
2,022
2,422
1,806
1,679
2,791
4,172
4,022
Expenses
965
1,247
1,307
1,313
1,036
1,107
1,569
1,863
1,525
1,549
2,635
3,773
3,500
Operating Profit
179
106
88
124
146
233
452
560
280
131
156
399
522
OPM %
16%
8%
6%
9%
12%
17%
22%
23%
16%
8%
6%
10%
13%
Other Income
18
31
13
13
9
6
12
8
8
14
-17
-2
38
Interest
76
80
118
103
111
82
70
71
55
33
36
66
63
Depreciation
46
55
58
59
67
33
33
34
39
47
50
51
50
Profit before tax
75
2
-75
-24
-23
125
361
462
194
65
53
280
448
Tax %
24%
-312%
22%
49%
19%
34%
31%
30%
-6%
27%
27%
23%
Net Profit
57
9
-58
-13
-19
82
248
324
205
47
39
216
328
EPS in Rs
1.48
0.24
-1.48
-0.32
-0.44
1.98
5.91
7.75
4.91
1.13
0.98
4.99
7.56
Dividend Payout %
7%
41%
-7%
0%
-11%
5%
2%
2%
3%
13%
20%
5%
Profit & Loss Yearly Chart
YoY Net Profit Growth
Year
2012-2013
2013-2014
2014-2015
2015-2016
2016-2017
2017-2018
2018-2019
2019-2020
2020-2021
2021-2022
2022-2023
YoY Net Profit Growth (%)
-84.21%
-744.44%
77.59%
-46.15%
531.58%
202.44%
30.65%
-36.73%
-77.07%
-17.02%
453.85%
Change in YoY Net Profit Growth (%)
0.00%
-660.23%
822.03%
-123.74%
577.73%
-329.14%
-171.79%
-67.37%
-40.34%
60.05%
470.87%
Growth
Compounded Sales Growth
10 Years:
12%
5 Years:
12%
3 Years:
36%
TTM:
9%
Compounded Profit Growth
10 Years:
25%
5 Years:
5%
3 Years:
106%
TTM:
55%
Stock Price CAGR
10 Years:
33%
5 Years:
45%
3 Years:
123%
1 Year:
124%
Return on Equity
10 Years:
10%
5 Years:
10%
3 Years:
11%
Last Year:
16%
Last Updated: August 30, 2024, 6:09 pm
Balance Sheet
Last Updated: August 9, 2024, 6:44 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
Equity Capital
39
39
39
42
42
42
42
42
42
42
43
49
Reserves
848
757
750
837
988
1,373
1,590
1,692
1,751
1,826
2,134
2,996
Borrowings
1,275
1,362
1,124
887
774
660
476
505
729
587
842
605
Other Liabilities
256
339
329
296
308
341
680
323
269
999
659
798
Total Liabilities
2,418
2,497
2,242
2,062
2,112
2,416
2,788
2,562
2,791
3,454
3,678
4,449
Fixed Assets
926
1,221
1,228
1,180
1,174
1,178
1,170
1,475
1,468
1,546
1,515
1,534
CWIP
319
59
14
31
13
22
133
158
160
77
94
67
Investments
112
168
23
53
87
273
179
47
66
113
132
478
Other Assets
1,061
1,048
977
798
838
943
1,305
882
1,098
1,718
1,938
2,371
Total Assets
2,418
2,497
2,242
2,062
2,112
2,416
2,788
2,562
2,791
3,454
3,678
4,449
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 ActivityÂ
-11
149
212
296
205
258
476
283
-40
331
54
405
Cash from Investing ActivityÂ
-6
-99
128
-6
10
-50
-224
-214
-114
-28
-397
-405
Cash from Financing ActivityÂ
69
-109
-348
-278
-233
-200
-257
-41
165
-182
377
7
Net Cash Flow
51
-58
-7
12
-18
8
-6
28
11
121
34
7
Free Cash Flow
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Free Cash Flow
179.00
105.00
87.00
123.00
-741.00
-541.00
-208.00
84.00
-225.00
-598.00
-431.00
-443.00
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.
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.
Undervalued: 7.19% compared to the current price ₹530.00
Intrinsic Value: 619.33
Calculation basis:
Fair 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.
Undervalued: 16.85% compared to the current price ₹530.00
Last 5 Year EPS CAGR: 9.02%
*Investments are subject to market risks
Strength and Weakness
Strength
Weakness
The company has higher reserves (1,461.83 cr) compared to borrowings (818.83 cr), indicating strong financial stability.
The company has shown consistent growth in sales (1.69 cr) and profit (149.46 cr) over the years.
The stock has a low average ROCE of 10.33%, which may not be favorable.
The stock has a high average Working Capital Days of 109.00, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 126.75, which may not be favorable.
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 Himadri Speciality Chemical Ltd:
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.
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.
ROE%: 13.48% (Industry Average ROE: 0%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
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.
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.
Stock P/E: 58.5 (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.
Total Debt / Equity: 0.19
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
Himadri Speciality Chemical Ltd. is a Public Limited Listed company incorporated on 28/07/1987 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27106WB1987PLC042756 and registration number is 042756. Currently Company is involved in the business activities of Manufacture of other non-metallic mineral products (includes asbestos yarn and fabric, and articles of asbestos yarn and fabric such as clothing, headgear, footwear, cord, string, paper o felt; friction material with a basis of asbestos or other mineral substances or of cellulose including unmounted articles such as friction material; mineral insulating material (slag wool, rockwool and similar mineral wools, exfoliated vermiculite, expanded clays and similar insulating material); products of glass wool for heat-insulating; articles of asphalt or of similar material (e.g. coal tar pitch), gypsum and articles of other mineral substances). Company’s Total Operating Revenue is Rs. 2791.31 Cr. and Equity Capital is Rs. 41.90 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Chemicals - Speciality - Others
Fortuna Tower, 23-A, Netaji Subhas Road, Kolkata West Bengal 700001
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 Himadri Speciality Chemical 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
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