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Last Updated on: 18 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Sundaram Multi Pap Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 18, 2024, 4:36 pm

Market Cap 121 Cr.
Current Price 2.55
High / Low4.20/2.50
Stock P/E
Book Value 1.92
Dividend Yield0.00 %
ROCE0.33 %
ROE3.39 %
Face Value 1.00
PEG Ratio0.00

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

View Share Price Target for Sundaram Multi Pap Ltd

Competitors of Sundaram Multi Pap Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
H T Media Ltd 530 Cr. 22.836.9/21.6 72.20.00 %0.32 %1.91 % 2.00
Gala Global Products Ltd 18.7 Cr. 3.434.63/2.8021.3 8.050.00 %1.23 %0.33 % 5.00
DB Corp Ltd 5,342 Cr. 300405/23612.0 1204.35 %25.1 %20.2 % 10.0
Vasa Retail and Overseas Ltd (VASA) 3.75 Cr. 6.258.55/4.10 29.70.00 %5.30 %% 10.0
Sandesh Ltd 1,208 Cr. 1,5952,058/9695.55 1,7790.30 %20.9 %16.3 % 10.0
Industry Average1,718.64 Cr425.6948.00216.861.05%10.97%9.60%6.44

All Competitor Stocks of Sundaram Multi Pap Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales20.4611.8215.5317.9325.0825.9625.3822.0241.0142.2922.3021.9440.51
Expenses20.4810.6612.4614.5021.5321.1821.8522.1139.9840.0622.5422.4137.93
Operating Profit-0.021.163.073.433.554.783.53-0.091.032.23-0.24-0.472.58
OPM %-0.10%9.81%19.77%19.13%14.15%18.41%13.91%-0.41%2.51%5.27%-1.08%-2.14%6.37%
Other Income0.500.230.640.440.750.770.460.72-0.58-1.16-0.320.38-0.48
Interest1.431.431.381.361.261.351.021.140.590.930.770.980.78
Depreciation0.960.950.950.950.970.970.970.970.980.971.021.071.08
Profit before tax-1.91-0.991.381.562.073.232.00-1.48-1.12-0.83-2.35-2.140.24
Tax %9.42%0.00%0.00%-3.85%8.70%0.00%0.00%-5.41%3.57%0.00%0.00%0.00%0.00%
Net Profit-1.72-0.991.381.621.903.232.00-1.56-1.07-0.83-2.35-2.140.24
EPS in Rs-0.04-0.020.030.030.040.070.04-0.03-0.02-0.02-0.05-0.050.01

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
Sales182154839694106100975170114127
Expenses1581358284799585905259105123
Operating Profit23191121512157-111104
OPM %13%12%1%12%16%11%15%7%-3%16%8%3%
Other Income630-4-8-1625221-2
Interest171716121097106543
Depreciation553322444444
Profit before tax71-17-8-5-156-3-943-5
Tax %39%85%-4%-18%-0%0%0%0%-2%3%2%0%
Net Profit50-17-6-5-156-3-943-5
EPS in Rs0.210.00-0.78-0.30-0.20-0.550.22-0.10-0.190.080.05-0.11
Dividend Payout %47%216%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-100.00%64.71%16.67%-200.00%140.00%-150.00%-200.00%144.44%-25.00%-266.67%
Change in YoY Net Profit Growth (%)0.00%164.71%-48.04%-216.67%340.00%-290.00%-50.00%344.44%-169.44%-241.67%

Sundaram Multi Pap Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-2%
5 Years:5%
3 Years:36%
TTM:1%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:18%
TTM:-25%
Stock Price CAGR
10 Years:2%
5 Years:13%
3 Years:6%
1 Year:-13%
Return on Equity
10 Years:-1%
5 Years:-1%
3 Years:2%
Last Year:-3%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 2:48 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital222222222527474747474747
Reserves9213791807969555244485045
Borrowings123116103916456434544393532
Other Liabilities42241714302317131312610
Total Liabilities278299232207196175163158148146138135
Fixed Assets8613196875453676460577169
CWIP300000000000
Investments151515253939000000
Other Assets1741531219410484969488896765
Total Assets278299232207196175163158148146138135

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +5292921148365115
Cash from Investing Activity +-3-2151015-442-0-1-2
Cash from Financing Activity +-3-27-44-31-3-9-3-7-8-5-9-6
Net Cash Flow-1-101-1-000-1-02-2

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-100.00-97.00-102.00-79.00-49.00-44.00-28.00-38.00-45.00-28.00-25.00-28.00

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 Days1621169510396567864126824034
Inventory Days143191340207131173213201301283155151
Days Payable834450476583451351281124
Cash Conversion Cycle223262385263162146246252376337185161
Working Capital Days237289384209227189280283499404188159
ROCE %10%7%1%6%8%8%9%3%-2%8%7%0%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters31.05%31.05%31.05%31.05%31.05%31.05%31.07%31.07%31.07%31.09%31.11%31.11%
DIIs1.93%1.93%1.93%1.93%1.93%1.93%0.03%0.03%0.03%0.03%0.03%0.03%
Public67.02%67.02%67.02%67.02%67.01%67.02%68.89%68.90%68.90%68.88%68.85%68.86%
No. of Shareholders27,09630,28246,85248,02851,87251,81152,77953,45356,32357,82773,47779,643

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 19Mar 18Mar 17Mar 16Mar 15
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)0.21-0.73-0.27-0.40-1.05
Diluted EPS (Rs.)0.21-0.73-0.27-0.40-1.05
Cash EPS (Rs.)0.34-0.59-0.12-0.21-0.80
Book Value[Excl.RevalReserv]/Share (Rs.)3.532.563.283.794.41
Book Value[Incl.RevalReserv]/Share (Rs.)3.532.563.283.794.41
Revenue From Operations / Share (Rs.)3.674.004.044.573.94
PBDIT / Share (Rs.)0.610.540.780.590.06
PBIT / Share (Rs.)0.510.440.660.41-0.18
PBT / Share (Rs.)0.24-0.56-0.18-0.47-1.09
Net Profit / Share (Rs.)0.24-0.69-0.25-0.40-1.05
NP After MI And SOA / Share (Rs.)0.24-0.69-0.25-0.40-1.05
PBDIT Margin (%)16.9013.6819.4213.081.57
PBIT Margin (%)14.0511.2016.349.03-4.65
PBT Margin (%)6.63-14.01-4.67-10.32-27.56
Net Profit Margin (%)6.63-17.36-6.21-8.84-26.69
NP After MI And SOA Margin (%)6.63-17.36-6.21-8.84-26.69
Return on Networth / Equity (%)8.75-27.09-7.66-10.67-23.85
Return on Capital Employeed (%)14.5115.3016.878.41-2.70
Return On Assets (%)4.28-12.41-3.46-4.58-10.36
Long Term Debt / Equity (X)0.000.130.180.260.49
Total Debt / Equity (X)0.490.760.760.830.90
Asset Turnover Ratio (%)0.590.600.480.450.32
Current Ratio (X)1.631.311.291.031.45
Quick Ratio (X)0.940.760.950.490.52
Inventory Turnover Ratio (X)1.582.181.791.100.92
Interest Coverage Ratio (X)2.281.671.731.060.08
Interest Coverage Ratio (Post Tax) (X)1.890.951.320.84-0.19
Enterprise Value (Cr.)103.53129.21128.33115.10130.25
EV / Net Operating Revenue (X)1.041.191.291.171.53
EV / EBITDA (X)6.158.696.668.9397.11
MarketCap / Net Operating Revenue (X)0.460.700.670.490.53
Price / BV (X)0.601.100.830.590.47
Price / Net Operating Revenue (X)0.460.700.670.490.53
EarningsYield0.14-0.24-0.09-0.17-0.50

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Sundaram Multi Pap Ltd as of November 18, 2024 is: 1.00

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 18, 2024, Sundaram Multi Pap Ltd is Overvalued by 60.78% compared to the current share price 2.55

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

Intrinsic Value of Sundaram Multi Pap Ltd as of November 18, 2024 is: 1.00

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 18, 2024, Sundaram Multi Pap Ltd is Overvalued by 60.78% compared to the current share price 2.55

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

Last 5 Year EPS CAGR: -0.20%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.37 and average Dividend Yield of 9.19%.
  2. The company has higher reserves (70.17 cr) compared to borrowings (65.92 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of 5.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 279.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 249.83, which may not be favorable.
  4. The company has not shown consistent growth in sales (106.17) and profit (-3.42).

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 Sundaram Multi Pap Ltd:
    1. Net Profit Margin: 6.63%
      • 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: 14.51% (Industry Average ROCE: 10.97%)
      • 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%: 8.75% (Industry Average ROE: 9.6%)
      • 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): 1.89
      • 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: 0.94
      • 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: 48)
      • 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

Sundaram Multi Pap Ltd. is a Public Limited Listed company incorporated on 13/03/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L21098MH1995PLC086337 and registration number is 086337. Currently Company is involved in the business activities of Manufacture of other paper products. Company’s Total Operating Revenue is Rs. 70.36 Cr. and Equity Capital is Rs. 47.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Printing/Publishing/Stationery5/6, Papa Industrial Estate, Mumbai Maharashtra 400093info@sundaramgroups.in
http://www.sundaramgroups.in
Management
NamePosition Held
Mr. Amrut P ShahChairman & Managing Director
Mr. Shantilal P ShahWhole Time Director
Mr. Krunal S ShahWhole Time Director
Mr. Kalpesh B ParekhIndependent Director
Mr. Mahesh Devji BhanushaliIndependent Director
Ms. Jyoti C GalaIndependent Woman Director

FAQ

What is the latest intrinsic value of Sundaram Multi Pap Ltd?

The latest intrinsic value of Sundaram Multi Pap Ltd as on 18 November 2024 is ₹1.00, which is 60.78% lower than the current market price of ₹2.55.

What is the Market Cap of Sundaram Multi Pap Ltd?

The Market Cap of Sundaram Multi Pap Ltd is 121 Cr..

What is the current Stock Price of Sundaram Multi Pap Ltd as on 18 November 2024?

The current stock price of Sundaram Multi Pap Ltd as on 18 November 2024 is ₹2.55.

What is the High / Low of Sundaram Multi Pap Ltd stocks in FY 2024?

In FY 2024, the High / Low of Sundaram Multi Pap Ltd stocks is 4.20/2.50.

What is the Stock P/E of Sundaram Multi Pap Ltd?

The Stock P/E of Sundaram Multi Pap Ltd is .

What is the Book Value of Sundaram Multi Pap Ltd?

The Book Value of Sundaram Multi Pap Ltd is 1.92.

What is the Dividend Yield of Sundaram Multi Pap Ltd?

The Dividend Yield of Sundaram Multi Pap Ltd is 0.00 %.

What is the ROCE of Sundaram Multi Pap Ltd?

The ROCE of Sundaram Multi Pap Ltd is 0.33 %.

What is the ROE of Sundaram Multi Pap Ltd?

The ROE of Sundaram Multi Pap Ltd is 3.39 %.

What is the Face Value of Sundaram Multi Pap Ltd?

The Face Value of Sundaram Multi Pap Ltd is 1.00.

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 Sundaram Multi Pap 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