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Last Updated on: 21 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

SKM Egg Products Export (India) Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 9:27 pm

Market Cap 562 Cr.
Current Price 214
High / Low430/212
Stock P/E13.3
Book Value 111
Dividend Yield1.17 %
ROCE35.4 %
ROE35.9 %
Face Value 10.0
PEG Ratio0.17

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

View Share Price Target for SKM Egg Products Export (India) Ltd

Competitors of SKM Egg Products Export (India) Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
ICL Organic Dairy Products Ltd 23.8 Cr. 39.741.8/39.71,192 20.10.00 %0.25 %0.17 % 10.0
Himalaya Food International Ltd 117 Cr. 20.229.9/18.018.7 24.40.00 %3.63 %3.61 % 10.0
Goldcoin Health Foods Ltd 3.37 Cr. 11.213.6/5.80 3.430.00 %18.4 %24.2 % 10.0
Galaxy Cloud Kitchens Ltd 274 Cr. 61.167.5/12.2 4.780.00 %%% 10.0
Foods & Inns Ltd 832 Cr. 114179/11030.6 70.20.26 %16.1 %12.3 % 1.00
Industry Average18,239.43 Cr913.58200.45130.350.20%18.91%18.90%6.26

All Competitor Stocks of SKM Egg Products Export (India) Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales6183657778133160182187210176153162
Expenses5576637374118139136143160134133152
Operating Profit761441421464350412011
OPM %11%8%2%5%6%11%13%25%23%24%23%13%6%
Other Income21331-10-532119
Interest2111213242333
Depreciation4232223333333
Profit before tax35141916374047371514
Tax %-19%28%19%28%42%27%26%26%26%25%24%24%28%
Net Profit44130712273035281210
EPS in Rs1.361.410.221.000.202.594.6210.3211.2813.3910.794.453.82

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales215263290303232318335313269302662701
Expenses191233252265238315322306237272518579
Operating Profit25303837-631273231144123
OPM %11%11%13%12%-3%1%4%2%12%10%22%17%
Other Income7116132320921138113
Interest12853554644910
Depreciation181313121213111421243412
Profit before tax110353505682110103114
Tax %29%29%27%30%-567%72%20%38%21%28%26%25%
Net Profit17262521551677685
EPS in Rs0.382.739.679.320.620.471.841.786.192.8228.8332.44
Dividend Payout %0%0%10%11%0%105%27%28%16%35%2%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)600.00%271.43%-3.85%-92.00%-50.00%400.00%0.00%220.00%-56.25%985.71%11.84%
Change in YoY Net Profit Growth (%)0.00%-328.57%-275.27%-88.15%42.00%450.00%-400.00%220.00%-276.25%1041.96%-973.87%

SKM Egg Products Export (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:10%
5 Years:16%
3 Years:38%
TTM:-26%
Compounded Profit Growth
10 Years:26%
5 Years:77%
3 Years:73%
TTM:-65%
Stock Price CAGR
10 Years:8%
5 Years:41%
3 Years:46%
1 Year:-47%
Return on Equity
10 Years:22%
5 Years:26%
3 Years:33%
Last Year:36%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:38 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital26262626262626262626262626
Reserves13204264656670738894168251267
Borrowings8873423644444568567988136146
Other Liabilities33314043374541363933565654
Total Liabilities160149151169172181183204210233339469493
Fixed Assets8973676661646265697075114112
CWIP0001325321243454
Investments011111101616488
Other Assets717582100107114115137122145236313320
Total Assets160149151169172181183204210233339469493

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +11273730-41714-1226260109
Cash from Investing Activity +-118-2-6-1-7-6-5-17-8-16-54
Cash from Financing Activity +0-31-37-10-5-5-1-9-10-5-513
Net Cash Flow03-213-1047-26-1-113968

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-63.00-43.00-4.001.00-50.00-41.00-33.00-61.00-24.00-48.0056.00-13.00

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 Days172121203131282822312115
Inventory Days101739095112656711415816311199
Days Payable543539404947433935262321
Cash Conversion Cycle6459727695495210314516810994
Working Capital Days52445755916359971121227467
ROCE %10%16%35%33%4%7%7%9%14%7%46%35%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters55.30%55.44%55.44%55.44%55.56%55.56%55.56%55.56%55.18%55.11%55.11%55.11%
FIIs0.02%0.00%0.11%0.00%0.19%0.18%0.58%0.37%2.78%2.40%2.21%0.77%
DIIs0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.31%0.00%0.00%
Public44.67%44.56%44.45%44.56%44.26%44.27%43.85%44.08%42.03%42.17%42.69%44.13%
No. of Shareholders20,28420,98321,01720,62418,74816,66416,99119,07928,76833,21637,47439,596

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.)32.4428.842.826.191.78
Diluted EPS (Rs.)32.4428.842.826.191.78
Cash EPS (Rs.)46.9041.5812.1213.937.43
Book Value[Excl.RevalReserv]/Share (Rs.)105.4574.1845.7943.7238.00
Book Value[Incl.RevalReserv]/Share (Rs.)105.4574.1845.7943.7238.00
Revenue From Operations / Share (Rs.)266.28251.34114.88102.20118.88
PBDIT / Share (Rs.)61.6655.2314.6917.0410.84
PBIT / Share (Rs.)46.5742.465.509.195.46
PBT / Share (Rs.)42.6538.894.047.723.13
Net Profit / Share (Rs.)31.8128.812.936.072.05
NP After MI And SOA / Share (Rs.)32.4428.842.826.191.78
PBDIT Margin (%)23.1521.9712.7916.679.11
PBIT Margin (%)17.4816.894.788.994.59
PBT Margin (%)16.0115.473.517.552.63
Net Profit Margin (%)11.9411.462.545.941.72
NP After MI And SOA Margin (%)12.1811.472.456.061.49
Return on Networth / Equity (%)30.8339.006.1814.234.71
Return on Capital Employeed (%)36.0749.8110.6618.6612.89
Return On Assets (%)18.2022.403.187.782.30
Long Term Debt / Equity (X)0.170.070.030.010.04
Total Debt / Equity (X)0.490.450.660.470.67
Asset Turnover Ratio (%)1.742.321.331.211.47
Current Ratio (X)2.452.071.641.691.45
Quick Ratio (X)1.561.040.670.690.64
Inventory Turnover Ratio (X)3.363.272.402.153.24
Dividend Payout Ratio (NP) (%)7.701.7335.498.0728.04
Dividend Payout Ratio (CP) (%)5.251.208.323.556.98
Earning Retention Ratio (%)92.3098.2764.5191.9371.96
Cash Earning Retention Ratio (%)94.7598.8091.6896.4593.02
Interest Coverage Ratio (X)15.7415.4510.0811.634.66
Interest Coverage Ratio (Post Tax) (X)9.129.063.015.141.88
Enterprise Value (Cr.)563.32371.72221.71167.44126.93
EV / Net Operating Revenue (X)0.800.560.730.620.40
EV / EBITDA (X)3.472.565.733.734.45
MarketCap / Net Operating Revenue (X)0.800.510.530.450.25
Retention Ratios (%)92.2998.2664.5091.9271.95
Price / BV (X)2.051.761.351.080.81
Price / Net Operating Revenue (X)0.800.510.530.450.25
EarningsYield0.150.220.040.130.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of SKM Egg Products Export (India) Ltd as of November 21, 2024 is: 536.19

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 21, 2024, SKM Egg Products Export (India) Ltd is Undervalued by 150.56% compared to the current share price 214.00

Intrinsic Value of SKM Egg Products Export (India) Ltd as of November 21, 2024 is: 958.19

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 21, 2024, SKM Egg Products Export (India) Ltd is Undervalued by 347.75% compared to the current share price 214.00

Last 5 Year EPS CAGR: 78.70%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.58%, which is a positive sign.
  2. The company has higher reserves (98.54 cr) compared to borrowings (72.69 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (350.25 cr) and profit (29.00 cr) over the years.
  1. The stock has a high average Working Capital Days of 74.42, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 90.50, 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 SKM Egg Products Export (India) Ltd:
    1. Net Profit Margin: 11.94%
      • 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: 36.07% (Industry Average ROCE: 18.21%)
      • 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%: 30.83% (Industry Average ROE: 18.2%)
      • 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): 9.12
      • 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: 1.56
      • 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: 13.3 (Industry average Stock P/E: 163.33)
      • 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: 0.49
      • 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 SKM Egg Products Export (India) Ltd?

The latest intrinsic value of SKM Egg Products Export (India) Ltd as on 21 November 2024 is ₹536.19, which is 150.56% higher than the current market price of ₹214.00.

What is the Market Cap of SKM Egg Products Export (India) Ltd?

The Market Cap of SKM Egg Products Export (India) Ltd is 562 Cr..

What is the current Stock Price of SKM Egg Products Export (India) Ltd as on 21 November 2024?

The current stock price of SKM Egg Products Export (India) Ltd as on 21 November 2024 is ₹214.

What is the High / Low of SKM Egg Products Export (India) Ltd stocks in FY 2024?

In FY 2024, the High / Low of SKM Egg Products Export (India) Ltd stocks is 430/212.

What is the Stock P/E of SKM Egg Products Export (India) Ltd?

The Stock P/E of SKM Egg Products Export (India) Ltd is 13.3.

What is the Book Value of SKM Egg Products Export (India) Ltd?

The Book Value of SKM Egg Products Export (India) Ltd is 111.

What is the Dividend Yield of SKM Egg Products Export (India) Ltd?

The Dividend Yield of SKM Egg Products Export (India) Ltd is 1.17 %.

What is the ROCE of SKM Egg Products Export (India) Ltd?

The ROCE of SKM Egg Products Export (India) Ltd is 35.4 %.

What is the ROE of SKM Egg Products Export (India) Ltd?

The ROE of SKM Egg Products Export (India) Ltd is 35.9 %.

What is the Face Value of SKM Egg Products Export (India) Ltd?

The Face Value of SKM Egg Products Export (India) 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 SKM Egg Products Export (India) 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