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

OnMobile Global Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 9:42 pm

Market Cap 790 Cr.
Current Price 74.1
High / Low124/59.6
Stock P/E
Book Value 59.5
Dividend Yield0.00 %
ROCE4.84 %
ROE2.33 %
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for OnMobile Global Ltd

Competitors of OnMobile Global Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
City Online Services Ltd 3.53 Cr. 6.836.87/3.2210.4 0.560.00 %24.4 %% 10.0
Cistro Telelink Ltd 3.75 Cr. 0.730.73/0.56 0.550.00 %0.54 %0.54 % 1.00
Vodafone Idea Ltd 48,095 Cr. 6.9119.2/6.81 13.70.00 %3.61 %% 10.0
Uniinfo Telecom Services Ltd 33.7 Cr. 31.557.0/26.0 30.70.00 %2.87 %1.89 % 10.0
Tejas Networks Ltd 21,698 Cr. 1,2681,495/65147.7 2170.00 %3.68 %2.06 % 10.0
Industry Average147,793.71 Cr427.7645.58117.380.14%8.14%12.69%8.27

All Competitor Stocks of OnMobile Global Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales139.78130.70128.77130.43133.18127.16135.13130.95130.89128.20137.06133.77119.73
Expenses122.97115.74114.55121.44119.87118.51127.51130.71128.39126.17125.70125.84119.57
Operating Profit16.8114.9614.228.9913.318.657.620.242.502.0311.367.930.16
OPM %12.03%11.45%11.04%6.89%9.99%6.80%5.64%0.18%1.91%1.58%8.29%5.93%0.13%
Other Income2.158.2010.92-0.751.731.200.604.157.23-6.394.158.184.42
Interest0.250.130.150.190.200.200.200.140.010.250.511.051.26
Depreciation3.292.842.652.752.452.522.482.542.662.582.872.862.81
Profit before tax15.4220.1922.345.3012.397.135.541.717.06-7.1912.1312.200.51
Tax %26.59%25.90%26.54%49.62%29.62%34.50%25.81%63.74%42.07%70.51%18.80%29.92%568.63%
Net Profit11.3214.9616.412.668.724.674.120.624.09-2.129.858.54-2.40
EPS in Rs1.091.431.570.250.830.440.390.060.38-0.200.930.80-0.24

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
Sales638725865847816720636594572551520525519
Expenses497575733723667619570561533485473512497
Operating Profit14115013212414810166333966461321
OPM %22%21%15%15%18%14%10%6%7%12%9%3%4%
Other Income6822-104187-61127251513610
Interest4454321122223
Depreciation84991371441495548271913101011
Profit before tax12070-114-63382831436647718
Tax %31%33%-16%-474%973%63%59%40%37%31%31%6%
Net Profit8347-132-32-28141119284632714
EPS in Rs7.234.13-11.55-2.96-2.521.351.081.792.614.403.070.641.29
Dividend Payout %14%36%-13%-51%-59%111%140%84%57%34%49%234%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-43.37%-380.85%75.76%12.50%150.00%-21.43%72.73%47.37%64.29%-30.43%-78.12%
Change in YoY Net Profit Growth (%)0.00%-337.48%456.61%-63.26%137.50%-171.43%94.16%-25.36%16.92%-94.72%-47.69%

OnMobile Global 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:-5%
5 Years:-3%
3 Years:-2%
TTM:-7%
Compounded Profit Growth
10 Years:9%
5 Years:-3%
3 Years:-28%
TTM:-194%
Stock Price CAGR
10 Years:3%
5 Years:15%
3 Years:-11%
1 Year:-31%
Return on Equity
10 Years:2%
5 Years:4%
3 Years:3%
Last Year:2%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 3:04 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital114114109108104106106106104106106106
Reserves795653548511459471460484522547549543
Borrowings4988462000021871317
Other Liabilities341343337316277238307294272250238218
Total Liabilities1,2991,1981,040955841814872905906910906885
Fixed Assets5335032461066955119101100102100300
CWIP241255421120711461
Investments3441729393120192183141956768
Other Assets707642716751675636561620646642593515
Total Assets1,2991,1981,040955841814872905906910906885

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +55861151089035101739-244438
Cash from Investing Activity +-5-17993-18-3-52-9217-1417-32-51
Cash from Financing Activity +-5819-108-65-81-14-19-24-23-11-8-1
Net Cash Flow-9-73100256-32-101102-194-14

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow141.00101.0044.0078.00128.00101.0066.0033.0018.0058.0039.000.00

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 Days9086928985981011021001139299
Inventory Days
Days Payable
Cash Conversion Cycle9086928985981011021001139299
Working Capital Days5317-0111018-114-024220
ROCE %7%1%-1%4%9%5%5%5%10%6%2%5%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters48.35%48.33%48.22%48.20%48.09%48.08%48.03%48.01%47.95%47.94%47.94%47.90%
FIIs0.18%0.25%0.48%0.82%0.82%0.82%0.95%0.50%0.60%0.42%1.15%0.36%
DIIs0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%
Public51.46%51.42%51.30%50.97%51.10%51.08%51.00%51.48%51.45%51.63%50.91%51.75%
No. of Shareholders80,85279,46381,27898,10598,05097,91396,29394,00587,76085,02688,30487,454

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.)1.440.643.084.422.61
Diluted EPS (Rs.)1.430.643.054.422.61
Cash EPS (Rs.)2.501.614.045.684.36
Book Value[Excl.RevalReserv]/Share (Rs.)61.1661.7561.8159.9255.82
Book Value[Incl.RevalReserv]/Share (Rs.)61.1661.7561.8159.9255.82
Revenue From Operations / Share (Rs.)48.3249.5449.2052.7654.16
PBDIT / Share (Rs.)3.982.194.977.285.23
PBIT / Share (Rs.)2.931.223.986.053.48
PBT / Share (Rs.)2.500.674.466.414.11
Net Profit / Share (Rs.)1.440.633.064.462.61
NP After MI And SOA / Share (Rs.)1.430.643.074.402.61
PBDIT Margin (%)8.244.4110.0913.789.65
PBIT Margin (%)6.052.468.0911.466.41
PBT Margin (%)5.161.369.0512.147.59
Net Profit Margin (%)2.981.286.228.444.81
NP After MI And SOA Margin (%)2.961.296.248.344.81
Return on Networth / Equity (%)2.341.034.977.344.67
Return on Capital Employeed (%)4.681.916.259.785.92
Return On Assets (%)1.720.743.565.073.04
Total Debt / Equity (X)0.020.010.000.000.00
Asset Turnover Ratio (%)0.570.570.220.220.23
Current Ratio (X)1.221.471.701.791.93
Quick Ratio (X)1.221.471.701.791.93
Dividend Payout Ratio (NP) (%)0.00233.9848.6633.7469.29
Dividend Payout Ratio (CP) (%)0.0093.1736.8726.3941.45
Earning Retention Ratio (%)0.00-133.9851.3466.2630.71
Cash Earning Retention Ratio (%)0.006.8363.1373.6158.55
Interest Coverage Ratio (X)9.2838.9870.1181.3937.64
Interest Coverage Ratio (Post Tax) (X)4.3621.0636.6045.8514.20
Enterprise Value (Cr.)587.15560.531107.13792.6958.44
EV / Net Operating Revenue (X)1.141.072.131.440.10
EV / EBITDA (X)13.8824.1721.1110.431.06
MarketCap / Net Operating Revenue (X)1.241.222.331.670.26
Retention Ratios (%)0.00-133.9851.3366.2530.70
Price / BV (X)0.980.971.861.470.25
Price / Net Operating Revenue (X)1.241.222.331.670.26
EarningsYield0.020.010.020.040.18

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of OnMobile Global Ltd as of November 22, 2024 is: 21.21

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 November 22, 2024, OnMobile Global Ltd is Overvalued by 71.38% compared to the current share price 74.10

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of OnMobile Global Ltd as of November 22, 2024 is: 18.42

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, OnMobile Global Ltd is Overvalued by 75.14% compared to the current share price 74.10

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -13.15%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 14.00, which is a positive sign.
  2. The company has higher reserves (545.17 cr) compared to borrowings (22.42 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (656.00 cr) and profit (27.00 cr) over the years.
  1. The stock has a low average ROCE of 4.83%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 95.58, 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 OnMobile Global Ltd:
    1. Net Profit Margin: 2.98%
      • 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: 4.68% (Industry Average ROCE: 8.14%)
      • 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%: 2.34% (Industry Average ROE: 12.69%)
      • 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): 4.36
      • 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: 1.22
      • 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: 0 (Industry average Stock P/E: 45.58)
      • 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: 0.02
      • 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

OnMobile Global Ltd. is a Public Limited Listed company incorporated on 27/09/2000 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L64202KA2000PLC027860 and registration number is 027860. Currently Company is involved in the business activities of Other telecommunications activities. Company’s Total Operating Revenue is Rs. 198.19 Cr. and Equity Capital is Rs. 105.60 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Telecom ServicesTower#1, 94/1C & 94/2, Veerasandra Village, Attibele Hobli, Bengaluru Karnataka 560100investors@onmobile.com
http://www.onmobile.com
Management
NamePosition Held
Mr. Fran�ois-Charles SiroisExecutive Chairman & CEO
Mr. Paul LamontagneVice Chairman & Independent Director
Ms. Geeta MathurIndependent Director
Mr. Ajai PuriIndependent Director
Mr. Shimi ShahIndependent Director
Mr. Fr�d�ric LavoieNon Executive Director

FAQ

What is the latest intrinsic value of OnMobile Global Ltd?

The latest intrinsic value of OnMobile Global Ltd as on 22 November 2024 is ₹21.21, which is 71.38% lower than the current market price of ₹74.10.

What is the Market Cap of OnMobile Global Ltd?

The Market Cap of OnMobile Global Ltd is 790 Cr..

What is the current Stock Price of OnMobile Global Ltd as on 22 November 2024?

The current stock price of OnMobile Global Ltd as on 22 November 2024 is ₹74.1.

What is the High / Low of OnMobile Global Ltd stocks in FY 2024?

In FY 2024, the High / Low of OnMobile Global Ltd stocks is 124/59.6.

What is the Stock P/E of OnMobile Global Ltd?

The Stock P/E of OnMobile Global Ltd is .

What is the Book Value of OnMobile Global Ltd?

The Book Value of OnMobile Global Ltd is 59.5.

What is the Dividend Yield of OnMobile Global Ltd?

The Dividend Yield of OnMobile Global Ltd is 0.00 %.

What is the ROCE of OnMobile Global Ltd?

The ROCE of OnMobile Global Ltd is 4.84 %.

What is the ROE of OnMobile Global Ltd?

The ROE of OnMobile Global Ltd is 2.33 %.

What is the Face Value of OnMobile Global Ltd?

The Face Value of OnMobile Global 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 OnMobile Global 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