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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Mazda Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:11 am

Market Cap 586 Cr.
Current Price 1,463
High / Low 1,661/1,087
Stock P/E19.9
Book Value 543
Dividend Yield1.09 %
ROCE21.3 %
ROE15.9 %
Face Value 10.0
PEG Ratio1.37

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Incon Engineers Ltd 6.40 Cr. 14.8 24.8/12.5 0.440.00 %72.7 %162 % 10.0
Hittco Tools Ltd 8.22 Cr. 13.4 16.0/9.53 4.590.00 %7.27 %5.66 % 10.0
Harshil Agrotech Ltd 262 Cr. 5.15 13.7/0.4344.0 1.200.00 %16.4 %13.5 % 1.00
Gujarat Toolroom Ltd 242 Cr. 15.1 45.9/10.82.06 14.86.62 %179 %170 % 1.00
GTV Engineering Ltd 164 Cr. 525 640/39525.0 1250.00 %12.7 %13.5 % 10.0
Industry Average4,210.79 Cr558.1741.04132.380.40%29.10%26.17%6.39

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales46.8540.2626.2543.4643.0852.2129.5351.7743.3166.9051.1962.7153.97
Expenses40.2935.9221.9636.5536.2142.9821.8546.0134.7051.7742.1954.2743.72
Operating Profit6.564.344.296.916.879.237.685.768.6115.139.008.4410.25
OPM %14.00%10.78%16.34%15.90%15.95%17.68%26.01%11.13%19.88%22.62%17.58%13.46%18.99%
Other Income1.070.680.920.760.301.460.070.631.020.611.851.001.77
Interest0.100.160.240.110.210.110.180.190.100.160.190.100.11
Depreciation0.820.800.770.740.450.460.460.830.910.951.001.001.00
Profit before tax6.714.064.206.826.5110.127.115.378.6214.639.668.3410.91
Tax %25.48%31.77%18.57%24.49%25.96%22.33%22.93%27.19%23.32%27.41%20.39%25.78%24.20%
Net Profit5.002.773.425.154.827.855.503.906.6110.637.706.198.26
EPS in Rs12.486.928.5412.8612.0319.6013.739.7416.5026.5419.2315.4620.62

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
Sales103120103118122110107139180152165192235
Expenses88101871011049793120155129137154192
Operating Profit15191517181314192524283843
OPM %15%16%15%15%15%12%13%14%14%16%17%20%18%
Other Income1221254322325
Interest1110101111111
Depreciation1112233333234
Profit before tax14191516171514192222283644
Tax %30%34%31%30%29%14%29%24%26%26%23%25%
Net Profit10121011121310141716212733
EPS in Rs23.4629.0524.0726.3728.2830.3424.1933.1141.5740.7753.0366.4981.85
Dividend Payout %17%17%23%23%23%24%34%27%24%27%23%21%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)20.00%-16.67%10.00%9.09%8.33%-23.08%40.00%21.43%-5.88%31.25%28.57%
Change in YoY Net Profit Growth (%)0.00%-36.67%26.67%-0.91%-0.76%-31.41%63.08%-18.57%-27.31%37.13%-2.68%

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:8%
5 Years:10%
3 Years:14%
TTM:-9%
Compounded Profit Growth
10 Years:13%
5 Years:17%
3 Years:25%
TTM:-5%
Stock Price CAGR
10 Years:19%
5 Years:30%
3 Years:34%
1 Year:17%
Return on Equity
10 Years:13%
5 Years:14%
3 Years:15%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:32 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital4444444444444
Reserves72798795114120130128143160182208213
Borrowings2432232110100
Other Liabilities18292931202437342428382835
Total Liabilities96116123132141151173167173192224240252
Fixed Assets20202123343434333535767574
CWIP0003448172540000
Investments19303341475743284031437891
Other Assets576769655656888973861058887
Total Assets96116123132141151173167173192224240252

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +11121617714-5222082443
Cash from Investing Activity +-7-11-9-17-10-7104-20-5-15-30
Cash from Financing Activity +-1-1-4-4-4-4-9-19-2-6-6-6
Net Cash Flow3-03-4-73-47-2-336

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow15.0017.0011.0014.0016.0011.0011.0017.0024.0023.0028.0037.00

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 Days737870687585796776927054
Inventory Days88162114111116132181133131156208113
Days Payable4194717570931126655707344
Cash Conversion Cycle120147113104120124148135152178205122
Working Capital Days9110281659188108859511811778
ROCE %27%18%18%17%14%12%15%17%16%18%21%21%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters47.90%48.34%48.34%48.34%48.34%48.34%48.34%48.34%48.34%48.34%48.34%48.34%
FIIs0.03%0.11%0.11%0.00%0.01%0.06%0.00%0.16%0.21%0.20%0.21%0.21%
DIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public52.04%51.53%51.52%51.64%51.62%51.58%51.64%51.47%51.41%51.43%51.43%51.42%
No. of Shareholders5,8355,5645,9215,9305,8786,1645,9886,6416,4538,52110,10510,685

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.)78.7066.4853.0440.7741.46
Diluted EPS (Rs.)78.7066.4853.0440.7741.46
Cash EPS (Rs.)88.7374.3659.0848.9350.19
Book Value[Excl.RevalReserv]/Share (Rs.)529.94464.18409.56368.11329.15
Book Value[Incl.RevalReserv]/Share (Rs.)529.94464.18409.56368.11329.15
Dividend / Share (Rs.)16.0014.0012.1011.0010.00
Revenue From Operations / Share (Rs.)562.87478.20411.97380.58448.65
PBDIT / Share (Rs.)115.7398.6476.7565.1066.98
PBIT / Share (Rs.)105.7090.7770.7256.9458.35
PBT / Share (Rs.)104.3489.1969.0455.1655.99
Net Profit / Share (Rs.)78.7066.4853.0440.7741.56
PBDIT Margin (%)20.5620.6218.6217.1014.92
PBIT Margin (%)18.7718.9817.1614.9513.00
PBT Margin (%)18.5318.6516.7514.4912.48
Net Profit Margin (%)13.9813.9012.8710.719.26
Return on Networth / Equity (%)14.8514.3212.9511.0712.62
Return on Capital Employeed (%)19.5219.1117.0115.1917.34
Return On Assets (%)13.1011.8711.089.439.95
Long Term Debt / Equity (X)0.000.000.000.000.01
Total Debt / Equity (X)0.000.000.000.010.01
Asset Turnover Ratio (%)0.970.920.900.891.06
Current Ratio (X)6.824.254.474.523.19
Quick Ratio (X)5.302.703.103.262.01
Inventory Turnover Ratio (X)2.242.462.672.252.73
Dividend Payout Ratio (NP) (%)17.7818.2020.736.1339.70
Dividend Payout Ratio (CP) (%)15.7716.2718.615.1032.87
Earning Retention Ratio (%)82.2281.8079.2793.8760.30
Cash Earning Retention Ratio (%)84.2383.7381.3994.9067.13
Interest Coverage Ratio (X)85.2362.7745.7236.6228.43
Interest Coverage Ratio (Post Tax) (X)58.9643.3032.6023.9418.64
Enterprise Value (Cr.)500.35240.03192.88173.2290.82
EV / Net Operating Revenue (X)2.221.251.171.140.50
EV / EBITDA (X)10.806.086.286.643.39
MarketCap / Net Operating Revenue (X)2.281.301.201.180.55
Retention Ratios (%)82.2181.7979.2693.8660.29
Price / BV (X)2.421.331.201.220.75
Price / Net Operating Revenue (X)2.281.301.201.180.55
EarningsYield0.060.100.100.090.16

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 1,736.83

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 December 22, 2024, is Undervalued by 18.72% compared to the current share price 1,463.00

Intrinsic Value of as of December 22, 2024 is: 1,988.86

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 December 22, 2024, is Undervalued by 35.94% compared to the current share price 1,463.00

Last 5 Year EPS CAGR: 14.51%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 17.83%, which is a positive sign.
  2. The company has higher reserves (133.15 cr) compared to borrowings (1.62 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (142.00 cr) and profit (21.62 cr) over the years.
  1. The stock has a high average Working Capital Days of 93.25, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 139.00, which may not be favorable.
  • 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 :
    1. Net Profit Margin: 13.98%
      • 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: 19.52% (Industry Average ROCE: 29.1%)
      • 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%: 14.85% (Industry Average ROE: 26.17%)
      • 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): 58.96
      • 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: 5.3
      • 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: 19.9 (Industry average Stock P/E: 41.04)
      • 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

Mazda Ltd. is a Public Limited Listed company incorporated on 03/09/1990 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29120GJ1990PLC014293 and registration number is 014293. Currently company belongs to the Industry of Engineering - General. Company’s Total Operating Revenue is Rs. 164.99 Cr. and Equity Capital is Rs. 4.01 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - GeneralC/1-39/13/16, GIDC, Naroda, Ahmedabad Gujarat 382330info@mazdalimited.com
http://www.mazdalimited.com
Management
NamePosition Held
Mr. Mohib N KherichaChairman
Mr. Percy X AvariWhole Time Director
Mrs. Shanaya Mody KhatuaWhole Time Director
Mr. Samuel W Croll- IIIDirector
Mrs. Sheila S ModyDirector
Mrs. Houtoxi F ContractorDirector
Mr. Nilesh C MankiwalaDirector
Mr. Saurin V PalkhiwalaDirector

FAQ

What is the latest intrinsic value of Mazda Ltd?

The latest intrinsic value of Mazda Ltd as on 21 December 2024 is ₹1736.83, which is 18.72% higher than the current market price of ₹1,463.00. The stock has a market capitalization of 586 Cr. and recorded a high/low of 1,661/1,087 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹213 Cr and total liabilities of ₹252 Cr.

What is the Market Cap of Mazda Ltd?

The Market Cap of Mazda Ltd is 586 Cr..

What is the current Stock Price of Mazda Ltd as on 21 December 2024?

The current stock price of Mazda Ltd as on 21 December 2024 is 1,463.

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

In FY 2024-2025, the High / Low of Mazda Ltd stocks is 1,661/1,087.

What is the Stock P/E of Mazda Ltd?

The Stock P/E of Mazda Ltd is 19.9.

What is the Book Value of Mazda Ltd?

The Book Value of Mazda Ltd is 543.

What is the Dividend Yield of Mazda Ltd?

The Dividend Yield of Mazda Ltd is 1.09 %.

What is the ROCE of Mazda Ltd?

The ROCE of Mazda Ltd is 21.3 %.

What is the ROE of Mazda Ltd?

The ROE of Mazda Ltd is 15.9 %.

What is the Face Value of Mazda Ltd?

The Face Value of Mazda 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 . 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