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Last Updated on: 03 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Swan Energy Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 3, 2024, 9:13 pm

Market Cap 19,812 Cr.
Current Price 631
High / Low783/427
Stock P/E59.7
Book Value 206
Dividend Yield0.02 %
ROCE8.25 %
ROE7.01 %
Face Value 1.00
PEG Ratio0.98

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

View Share Price Target for Swan Energy Ltd

Competitors of Swan Energy Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Haria Exports Ltd 7.54 Cr. 6.539.36/3.8768.5 12.20.00 %0.64 %0.64 % 10.0
Haria Apparels Ltd 7.93 Cr. 5.196.80/4.3714.4 3.620.00 %18.6 %18.2 % 10.0
Garment Mantra Lifestyle Ltd 51.2 Cr. 2.554.61/2.2016.8 1.920.00 %7.86 %6.85 % 1.00
Cityman Ltd 32.2 Cr. 27.527.5/14.3 5.490.00 %4.69 %% 10.0
Bindal Exports Ltd 11.9 Cr. 25.825.8/16.128.3 22.10.00 %6.61 %2.96 % 10.0
Industry Average5,699.89 Cr1,890.1056.74141.680.17%12.79%15.00%7.28

All Competitor Stocks of Swan Energy Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales1064659693122601431019338041,2231,5921,398
Expenses703835572882551421157495679661,3361,280
Operating Profit36824122461-14184237257256118
OPM %34%17%41%18%8%2%1%-13%20%30%21%16%8%
Other Income2241-02356447639
Interest76395143554956566257585853
Depreciation31181818171818182727272734
Profit before tax-69-47-41-48-49-59-70-3210015717823440
Tax %-14%-16%-8%-17%-15%-17%-17%-51%38%8%7%6%-40%
Net Profit-59-40-37-40-41-50-58-166214516622056
EPS in Rs-1.16-0.91-1.05-0.84-0.72-1.00-1.210.640.212.843.204.360.85

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
Sales2793333143323513478923413204871,4385,017
Expenses2352952843043173128142892524191,2074,149
Operating Profit43383128333578526868231868
OPM %16%11%10%8%10%10%9%15%21%14%16%17%
Other Income121414713110199471183
Interest2038302432585450108189223226
Depreciation612101112141415427081115
Profit before tax2935037329-4-78-184-62609
Tax %36%117%43%229%78%25%121%14%-12%-14%-2%4%
Net Profit19-03-0155-6-5-69-158-61586
EPS in Rs0.98-0.020.14-0.010.032.24-0.22-0.20-2.81-5.98-2.319.61
Dividend Payout %26%-772%110%-582%272%4%-46%-51%-4%-2%-4%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142015-20162017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-100.00%-100.00%5400.00%-110.91%16.67%-1280.00%-128.99%61.39%1060.66%
Change in YoY Net Profit Growth (%)0.00%0.00%5500.00%-5510.91%127.58%-1296.67%1151.01%190.38%999.26%

Swan Energy Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:31%
5 Years:41%
3 Years:150%
TTM:69%
Compounded Profit Growth
10 Years:49%
5 Years:91%
3 Years:85%
TTM:124%
Stock Price CAGR
10 Years:28%
5 Years:44%
3 Years:72%
1 Year:51%
Return on Equity
10 Years:0%
5 Years:0%
3 Years:1%
Last Year:7%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 2:39 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital192222222224242424262631
Reserves1824094084084099078998908501,2192,2576,248
Borrowings4265657058178219121,0771,2063,0774,1174,9853,449
Other Liabilities8035705545385967931,1691,3689851,0352,9542,439
Total Liabilities1,4301,5651,6901,7851,8482,6363,1703,4894,9366,39710,22312,168
Fixed Assets2983793733846045775645562,2822,2384,2254,148
CWIP4174505095513136171,2241,6851,9272,3893,2533,657
Investments9112832414981330134
Other Assets7067358078489231,1181,2331,2397261,7682,7154,229
Total Assets1,4301,5651,6901,7851,8482,6363,1703,4894,9366,39710,22312,168

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +38-159-110123696242-9530229-23526
Cash from Investing Activity +-297-105-61-63-29-533-763-324-2,001-494-1,116-512
Cash from Financing Activity +98256173-45-294817074271,7601,3095981,604
Net Cash Flow-162-92151210-14862843-7521,118

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-383.00-527.00-674.00-789.00-788.00-877.0077.0051.0065.0064.00227.00865.00

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 Days617267649660175833160445139
Inventory Days808710812793790861742062931928921
Days Payable82108856911038419926723232919
Cash Conversion Cycle78767479378877753671172259120205142
Working Capital Days616423690599228213-268-461-4250283171
ROCE %8%4%3%2%3%3%3%2%1%0%2%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters64.89%64.09%64.09%64.09%64.09%64.09%64.09%64.09%64.09%53.96%53.96%53.96%
FIIs9.01%8.50%8.59%8.46%17.16%17.13%17.12%17.56%10.47%11.16%11.84%11.79%
DIIs3.36%2.88%2.89%2.89%2.92%2.92%2.89%2.90%5.82%14.33%14.81%13.65%
Public22.74%24.53%24.43%24.55%15.84%15.85%15.90%15.45%19.61%20.53%19.37%20.58%
No. of Shareholders11,5029,92913,99714,41016,22718,76019,49340,01956,45298,55594,7301,23,321

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Infrastructure Fund1,200,0004.6461.321,000,0002024-12-0220%
Quant Flexi Cap Fund1,000,0001.7651.11,000,0002024-12-020%
Quant Quantamental Fund800,0002.9540.881,000,0002024-12-02-20%
Samco Active Momentum Fund610,0006.2231.171,000,0002024-12-02-39%
Bandhan Small Cap Fund362,3190.4818.511,000,0002024-12-02-63.77%
Bandhan Infrastructure Fund171,1250.998.741,000,0002024-12-02-82.89%
Bank of India Mid & Small Cap Equity & Debt Fund90,0000.774.61,000,0002024-12-02-91%
Bank of India Flexi Cap Fund60,0000.553.071,000,0002024-12-02-94%
Nippon India Nifty Smallcap 250 Index Fund48,4380.262.481,000,0002024-12-02-95.16%
Bank of India Manufacturing & Infrastructure Fund43,8321.192.241,000,0002024-12-02-95.62%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)22.34-2.52-6.46-2.80-0.20
Diluted EPS (Rs.)22.34-2.52-6.46-2.80-0.20
Cash EPS (Rs.)22.360.76-3.32-1.100.39
Book Value[Excl.RevalReserv]/Share (Rs.)255.98141.5264.3557.2260.13
Book Value[Incl.RevalReserv]/Share (Rs.)255.98141.5264.3557.2260.13
Revenue From Operations / Share (Rs.)160.0654.4918.4613.1213.95
PBDIT / Share (Rs.)30.339.172.852.932.48
PBIT / Share (Rs.)26.666.080.181.231.89
PBT / Share (Rs.)19.44-2.36-6.98-3.20-0.17
Net Profit / Share (Rs.)18.69-2.31-5.98-2.81-0.19
NP After MI And SOA / Share (Rs.)9.61-2.31-5.98-2.81-0.19
PBDIT Margin (%)18.9416.8215.4322.3517.78
PBIT Margin (%)16.6511.161.009.3513.52
PBT Margin (%)12.14-4.32-37.81-24.35-1.24
Net Profit Margin (%)11.67-4.24-32.40-21.41-1.41
NP After MI And SOA Margin (%)6.00-4.24-32.40-21.41-1.41
Return on Networth / Equity (%)4.79-2.67-12.67-7.84-0.52
Return on Capital Employeed (%)7.702.010.090.872.73
Return On Assets (%)2.47-0.59-2.46-1.39-0.13
Long Term Debt / Equity (X)0.401.722.842.280.20
Total Debt / Equity (X)0.542.093.293.481.28
Asset Turnover Ratio (%)0.440.170.120.100.13
Current Ratio (X)3.131.141.410.350.24
Quick Ratio (X)2.951.021.260.250.17
Inventory Turnover Ratio (X)0.820.982.942.031.77
Dividend Payout Ratio (NP) (%)0.89-4.32-1.54-3.55-50.53
Dividend Payout Ratio (CP) (%)0.6413.00-2.78-9.0625.20
Earning Retention Ratio (%)99.11104.32101.54103.55150.53
Cash Earning Retention Ratio (%)99.3687.00102.78109.0674.80
Interest Coverage Ratio (X)4.201.090.390.661.20
Interest Coverage Ratio (Post Tax) (X)3.590.720.160.360.90
Enterprise Value (Cr.)24843.4811668.988720.756778.094131.48
EV / Net Operating Revenue (X)4.958.1117.9021.1512.12
EV / EBITDA (X)26.1348.24115.9994.6068.17
MarketCap / Net Operating Revenue (X)4.183.9310.5210.367.19
Retention Ratios (%)99.10104.32101.54103.55150.53
Price / BV (X)3.342.484.123.802.68
Price / Net Operating Revenue (X)4.183.9310.5210.367.19
EarningsYield0.01-0.01-0.03-0.020.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Swan Energy Ltd as of December 3, 2024 is: 862.28

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 3, 2024, Swan Energy Ltd is Undervalued by 36.65% compared to the current share price 631.00

Intrinsic Value of Swan Energy Ltd as of December 3, 2024 is: 1,388.08

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 3, 2024, Swan Energy Ltd is Undervalued by 119.98% compared to the current share price 631.00

Last 5 Year EPS CAGR: 60.98%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (333.50 cr) and profit (35.25 cr) over the years.
  1. The stock has a low average ROCE of 3.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 208.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 443.67, which may not be favorable.
  4. The company has higher borrowings (1,846.42) compared to reserves (1,257.17), which may suggest financial risk.

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 Swan Energy Ltd:
    1. Net Profit Margin: 11.67%
      • 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: 7.7% (Industry Average ROCE: 12.79%)
      • 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%: 4.79% (Industry Average ROE: 13.97%)
      • 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): 3.59
      • 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: 2.95
      • 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: 59.7 (Industry average Stock P/E: 41.08)
      • 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: 0.54
      • 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

Swan Energy Ltd. is a Public Limited Listed company incorporated on 22/02/1909 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17100MH1909PLC000294 and registration number is 000294. Currently Company is involved in the business activities of Finishing of textiles. Company’s Total Operating Revenue is Rs. 408.72 Cr. and Equity Capital is Rs. 26.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Realty6, Feltham House, Mumbai Maharashtra 400001invgrv@swan.co.in
http://www.swan.co.in
Management
NamePosition Held
Mr. Navinbhai C DaveChairman & Non-Exe.Director
Mr. Nikhil V MerchantManaging Director
Mr. Paresh V MerchantWhole Time Director
Mr. Sugavanam PadmanabhanWhole Time Director
Mr. Chetan K SelarkaWholeTime Director & CFO
Mrs. Surekha N OakIndependent Director
Mr. Shobhan I DiwanjiIndependent Director
Mr. Rajat Kumar Das GuptaIndependent Director
Mr. Pitamber S TeckchandaniIndependent Director
Mr. Rohinton Eruch ShroffIndependent Director
Mr. Ashishkumar BairagraIndependent Director
Mr. Prabhakar Reddy PatilIndependent Director

FAQ

What is the latest intrinsic value of Swan Energy Ltd?

The latest intrinsic value of Swan Energy Ltd as on 03 December 2024 is ₹862.28, which is 36.65% higher than the current market price of ₹631.00. The stock has a market capitalization of 19,812 Cr. and recorded a high/low of ₹783/427 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹6,248 Cr and total liabilities of ₹12,168 Cr.

What is the Market Cap of Swan Energy Ltd?

The Market Cap of Swan Energy Ltd is 19,812 Cr..

What is the current Stock Price of Swan Energy Ltd as on 03 December 2024?

The current stock price of Swan Energy Ltd as on 03 December 2024 is 631.

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

In FY 2024-2025, the High / Low of Swan Energy Ltd stocks is 783/427.

What is the Stock P/E of Swan Energy Ltd?

The Stock P/E of Swan Energy Ltd is 59.7.

What is the Book Value of Swan Energy Ltd?

The Book Value of Swan Energy Ltd is 206.

What is the Dividend Yield of Swan Energy Ltd?

The Dividend Yield of Swan Energy Ltd is 0.02 %.

What is the ROCE of Swan Energy Ltd?

The ROCE of Swan Energy Ltd is 8.25 %.

What is the ROE of Swan Energy Ltd?

The ROE of Swan Energy Ltd is 7.01 %.

What is the Face Value of Swan Energy Ltd?

The Face Value of Swan Energy 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 Swan Energy 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