Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Jullundur Motor Agency (Delhi) Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 9:57 pm

Market Cap 228 Cr.
Current Price 99.8
High / Low141/76.0
Stock P/E11.3
Book Value 87.9
Dividend Yield2.00 %
ROCE14.7 %
ROE11.1 %
Face Value 2.00
PEG Ratio0.66

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

View Share Price Target for Jullundur Motor Agency (Delhi) Ltd

Competitors of Jullundur Motor Agency (Delhi) Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IP Rings Ltd 250 Cr. 197262/142 82.80.00 %4.05 %2.95 % 10.0
Talbros Automotive Components Ltd 1,787 Cr. 289396/22020.6 96.40.24 %21.4 %17.2 % 2.00
Sundram Fasteners Ltd 24,393 Cr. 1,1621,506/1,00244.6 1730.59 %18.5 %16.2 % 1.00
Sintercom India Ltd 389 Cr. 141170/121363 36.70.00 %4.82 %1.15 % 10.0
Shriram Pistons & Rings Ltd 8,855 Cr. 2,0102,399/99319.1 4870.50 %27.9 %25.2 % 10.0
Industry Average13,350.91 Cr3,628.8057.98534.830.70%16.39%14.39%7.00

All Competitor Stocks of Jullundur Motor Agency (Delhi) Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales96.64105.2755.8092.5299.42113.3394.0092.81103.96117.9194.23100.58107.64
Expenses88.7695.4654.2987.4293.16102.2888.8487.9697.36109.0290.3796.15102.23
Operating Profit7.889.811.515.106.2611.055.164.856.608.893.864.435.41
OPM %8.15%9.32%2.71%5.51%6.30%9.75%5.49%5.23%6.35%7.54%4.10%4.40%5.03%
Other Income1.811.141.081.831.050.990.981.901.111.561.222.131.41
Interest0.000.090.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.180.140.120.110.140.120.160.150.220.190.200.220.21
Profit before tax9.5110.722.476.827.1711.925.986.607.4910.264.886.346.61
Tax %26.39%23.32%27.13%26.25%24.69%24.41%26.09%19.09%27.37%26.12%26.02%23.82%24.81%
Net Profit7.008.211.795.035.409.014.435.335.447.593.614.834.96
EPS in Rs2.353.590.782.202.363.941.942.332.383.321.582.112.17

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
Sales324347373381385380321327304323361409417
Expenses303328353364369362306310291301337383393
Operating Profit21192018161715171322242624
OPM %6%6%5%5%4%5%5%5%4%7%7%6%6%
Other Income2325444556566
Interest1111000000000
Depreciation0111111111011
Profit before tax21212021192018211727283029
Tax %31%30%32%31%34%35%35%35%26%26%25%25%
Net Profit15151415121312131320212321
EPS in Rs4.884.194.394.024.514.268.929.309.989.39
Dividend Payout %12%12%17%16%19%18%20%18%23%22%22%20%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%-6.67%7.14%-20.00%8.33%-7.69%8.33%0.00%53.85%5.00%9.52%
Change in YoY Net Profit Growth (%)0.00%-6.67%13.81%-27.14%28.33%-16.03%16.03%-8.33%53.85%-48.85%4.52%

Jullundur Motor Agency (Delhi) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:1%
5 Years:5%
3 Years:9%
TTM:3%
Compounded Profit Growth
10 Years:5%
5 Years:9%
3 Years:1%
TTM:-6%
Stock Price CAGR
10 Years:%
5 Years:34%
3 Years:14%
1 Year:27%
Return on Equity
10 Years:11%
5 Years:12%
3 Years:13%
Last Year:11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 9:34 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital3666666655555
Reserves8189101110121133140151139156175192196
Borrowings8900000000000
Other Liabilities58596161626874636673748056
Total Liabilities151164167177189207220220210234253277256
Fixed Assets781012111110121111141414
CWIP1110000000000
Investments172344141722151615151718
Other Assets126132152161163179189192183208223246224
Total Assets151164167177189207220220210234253277256

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +101067-5-5772011312
Cash from Investing Activity +2-621264-2-210-20-8
Cash from Financing Activity +-3-3-13-3-30-60-35-5-5-5
Net Cash Flow91146-2-1-15-44-10

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow21.0011.0011.0018.0016.0017.0015.0017.0013.0022.0024.0026.00

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 Days514950475262665757615758
Inventory Days525154585569747970677275
Days Payable565454535679857680776974
Cash Conversion Cycle474550515153555948516059
Working Capital Days4040454755737610311410498125
ROCE %24%21%19%17%17%14%14%11%18%18%18%15%

Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)11.2111.8710.617.864.70
Diluted EPS (Rs.)11.2111.8710.617.864.70
Cash EPS (Rs.)11.8712.4011.0310.505.17
Book Value[Excl.RevalReserv]/Share (Rs.)100.6790.6280.5271.7958.59
Book Value[Incl.RevalReserv]/Share (Rs.)100.6790.6280.5271.7958.59
Revenue From Operations / Share (Rs.)233.77220.37191.68169.82121.38
PBDIT / Share (Rs.)15.7516.5114.7314.156.91
PBIT / Share (Rs.)15.2716.1114.4313.776.51
PBT / Share (Rs.)15.2716.1114.4313.706.51
Net Profit / Share (Rs.)11.3912.0010.7310.124.77
NP After MI And SOA / Share (Rs.)11.2111.8710.6110.014.70
PBDIT Margin (%)6.737.497.688.335.68
PBIT Margin (%)6.537.307.528.105.36
PBT Margin (%)6.537.307.528.065.36
Net Profit Margin (%)4.875.445.595.963.92
NP After MI And SOA Margin (%)4.795.385.535.893.87
Return on Networth / Equity (%)11.2413.2113.3014.078.08
Return on Capital Employeed (%)15.0817.6517.7819.0311.04
Return On Assets (%)7.849.228.969.505.68
Asset Turnover Ratio (%)1.721.781.521.411.30
Current Ratio (X)3.152.902.772.892.77
Quick Ratio (X)2.191.951.982.081.82
Dividend Payout Ratio (NP) (%)17.8416.8518.8413.040.00
Dividend Payout Ratio (CP) (%)17.1116.3018.3312.570.00
Earning Retention Ratio (%)82.1683.1581.1686.960.00
Cash Earning Retention Ratio (%)82.8983.7081.6787.430.00
Interest Coverage Ratio (X)0.000.000.00190.440.00
Interest Coverage Ratio (Post Tax) (X)0.000.000.00137.240.00
Enterprise Value (Cr.)205.93120.16130.7158.7733.71
EV / Net Operating Revenue (X)0.380.230.290.150.09
EV / EBITDA (X)5.723.193.881.821.64
MarketCap / Net Operating Revenue (X)0.410.270.330.180.15
Retention Ratios (%)82.1583.1481.1586.950.00
Price / BV (X)0.980.660.810.450.31
Price / Net Operating Revenue (X)0.410.270.330.180.15
EarningsYield0.110.190.160.310.25

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Jullundur Motor Agency (Delhi) Ltd as of November 22, 2024 is: 112.46

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 22, 2024, Jullundur Motor Agency (Delhi) Ltd is Undervalued by 12.69% compared to the current share price 99.80

Intrinsic Value of Jullundur Motor Agency (Delhi) Ltd as of November 22, 2024 is: 131.72

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 22, 2024, Jullundur Motor Agency (Delhi) Ltd is Undervalued by 31.98% compared to the current share price 99.80

Last 5 Year EPS CAGR: 17.13%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 17.17%, which is a positive sign.
  2. The company has higher reserves (137.23 cr) compared to borrowings (1.31 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (357.85 cr) and profit (22.46 cr) over the years.
  1. The stock has a high average Working Capital Days of 76.67, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 52.42, 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 Jullundur Motor Agency (Delhi) Ltd:
    1. Net Profit Margin: 4.87%
      • 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: 15.08% (Industry Average ROCE: 16.39%)
      • 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%: 11.24% (Industry Average ROE: 14.39%)
      • 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: 2.19
      • 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: 11.3 (Industry average Stock P/E: 52.71)
      • 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

Jullundur Motor Agency (Delhi) Ltd. is a Public Limited Listed company incorporated on 07/09/1948 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L35999HR1998PLC033943 and registration number is 033943. Currently Company is involved in the business activities of Sale of motor vehicle parts and accessories. Company’s Total Operating Revenue is Rs. 361.07 Cr. and Equity Capital is Rs. 4.57 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Engine Parts458-1/16, Sohna Road, Gurgaon Haryana 122001info@jmaindia.com
http://www.jmaindia.com
Management
NamePosition Held
CA. Subhash Chander VasudevaChairman & Ind.Dire (Non-Exe)
Mr. Sarvjit SondhiNon Exe.Non Ind.Director
Mr. Ranjit PuriNon Exe.Non Ind.Director
Mr. Sanjeev KumarNon Exe.Non Ind.Director
Mrs. Tanupriya PuriNon Exe.Non Ind.Director
Mr. Deepak AroraNon Exe.Non Ind.Director
Mrs. Shuchi AroraNon Exe.Non Ind.Director
CA. Mohindar Mohan KhannaIndependent Director
Mr. Alok SondhiIndependent Director
Mr. Rajesh NangiaIndependent Director
Mr. Sanjay SondhiIndependent Director

FAQ

What is the latest intrinsic value of Jullundur Motor Agency (Delhi) Ltd?

The latest intrinsic value of Jullundur Motor Agency (Delhi) Ltd as on 22 November 2024 is ₹112.46, which is 12.69% higher than the current market price of ₹99.80.

What is the Market Cap of Jullundur Motor Agency (Delhi) Ltd?

The Market Cap of Jullundur Motor Agency (Delhi) Ltd is 228 Cr..

What is the current Stock Price of Jullundur Motor Agency (Delhi) Ltd as on 22 November 2024?

The current stock price of Jullundur Motor Agency (Delhi) Ltd as on 22 November 2024 is 99.8.

What is the High / Low of Jullundur Motor Agency (Delhi) Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jullundur Motor Agency (Delhi) Ltd stocks is 141/76.0.

What is the Stock P/E of Jullundur Motor Agency (Delhi) Ltd?

The Stock P/E of Jullundur Motor Agency (Delhi) Ltd is 11.3.

What is the Book Value of Jullundur Motor Agency (Delhi) Ltd?

The Book Value of Jullundur Motor Agency (Delhi) Ltd is 87.9.

What is the Dividend Yield of Jullundur Motor Agency (Delhi) Ltd?

The Dividend Yield of Jullundur Motor Agency (Delhi) Ltd is 2.00 %.

What is the ROCE of Jullundur Motor Agency (Delhi) Ltd?

The ROCE of Jullundur Motor Agency (Delhi) Ltd is 14.7 %.

What is the ROE of Jullundur Motor Agency (Delhi) Ltd?

The ROE of Jullundur Motor Agency (Delhi) Ltd is 11.1 %.

What is the Face Value of Jullundur Motor Agency (Delhi) Ltd?

The Face Value of Jullundur Motor Agency (Delhi) 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 Jullundur Motor Agency (Delhi) 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