Share Price and Basic Stock Data

Last Updated: November 19, 2024, 6:13 pm

Market Cap	1,592 Cr.
Current Price	1,494
High / Low	1,715/385
Stock P/E	30.2
Book Value	134
Dividend Yield	0.54 %
ROCE	56.8 %
ROE	43.8 %
Face Value	10.0
PEG Ratio	1.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Wealth First Portfolio Managers Ltd

Competitors of Wealth First Portfolio Managers Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Nam Securities Ltd	85.7 Cr.	159	198/59.3	238	21.2	0.00 %	4.16 %	3.05 %	10.0
Naperol Investments Ltd	845 Cr.	1,470	2,041/801	862	3,204	0.00 %	0.08 %	0.05 %	10.0
Inani Securities Ltd	14.1 Cr.	30.8	42.0/20.5	9.70	42.2	0.00 %	10.6 %	6.92 %	10.0
HCKK Ventures Ltd	41.4 Cr.	112	154/77.4	230	11.5	0.00 %	8.17 %	6.44 %	10.0
HB Portfolio Ltd	107 Cr.	99.5	177/54.3	14.4	279	1.01 %	3.34 %	2.90 %	10.0
Industry Average	7,209.63 Cr	2,323.76		76.61	5,594.83	0.29%	15.23%	17.14%	7.45

All Competitor Stocks of Wealth First Portfolio Managers Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	11	8	6	8	4	12	8	5	11	14	15	14	20
Expenses	1	2	2	3	2	3	3	2	3	3	3	2	3
Operating Profit	10	5	4	5	2	8	6	2	9	10	12	12	18
OPM %	87%	72%	66%	68%	58%	73%	65%	50%	77%	76%	81%	83%	87%
Other Income	0	0	0	1	0	1	0	-1	3	3	1	6	1
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	10	5	4	6	2	9	5	2	11	13	13	18	19
Tax %	25%	25%	25%	19%	25%	25%	25%	34%	25%	20%	25%	22%	26%
Net Profit	7	4	3	5	2	7	4	1	8	10	10	14	14
EPS in Rs	6.76	3.80	2.67	4.38	1.59	6.27	3.82	1.00	7.92	9.60	9.49	12.75	12.94

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	199	143	169	150	199	224	331	10	25	33	29	66	63
Expenses	198	141	164	146	191	212	321	7	6	8	10	11	11
Operating Profit	1	2	4	4	8	12	10	2	18	25	19	55	52
OPM %	1%	1%	3%	3%	4%	5%	3%	25%	74%	75%	65%	83%	82%
Other Income	0	0	1	0	0	0	0	0	0	0	0	0	11
Interest	1	2	3	1	2	1	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	0	0	2	3	6	11	9	2	18	25	18	55	62
Tax %	32%	30%	16%	20%	20%	18%	23%	28%	29%	24%	26%	23%
Net Profit	0	0	2	3	5	9	7	1	13	19	14	42	48
EPS in Rs	0.95	0.70	10.10	2.43	4.50	8.19	6.59	1.21	12.00	17.62	12.68	39.77	44.78
Dividend Payout %	0%	42%	6%	12%	13%	7%	9%	50%	8%	11%	24%	18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	50.00%	66.67%	80.00%	-22.22%	-85.71%	1200.00%	46.15%	-26.32%	200.00%
Change in YoY Net Profit Growth (%)	0.00%	16.67%	13.33%	-102.22%	-63.49%	1285.71%	-1153.85%	-72.47%	226.32%

Wealth First Portfolio Managers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2015-2016 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-7%
5 Years:	-28%
3 Years:	39%
TTM:	81%

Compounded Profit Growth
10 Years:	77%
5 Years:	43%
3 Years:	49%
TTM:	121%

Stock Price CAGR
10 Years:	%
5 Years:	77%
3 Years:	83%
1 Year:	281%

Return on Equity
10 Years:	30%
5 Years:	30%
3 Years:	33%
Last Year:	44%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 2:33 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	1	1	1	6	6	6	6	6	11	11	11	11	11
Reserves	2	2	4	9	13	22	28	28	36	55	66	107	133
Borrowings	17	20	5	18	18	6	1	3	0	2	0	0	6
Other Liabilities	0	1	1	12	3	4	4	3	3	4	4	7	48
Total Liabilities	21	24	11	45	41	38	40	40	50	72	80	125	198
Fixed Assets	1	1	0	0	0	0	1	1	0	1	1	1	1
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	1	0	0	1	0	0	0	3	18	39	49	46
Other Assets	19	22	11	45	41	37	38	39	46	52	40	75	150
Total Assets	21	24	11	45	41	38	40	40	50	72	80	125	198

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-13	-1	16	-21	1	16	8	-8	7	21	21	28
Cash from Investing Activity +	-0	-0	2	1	2	1	-0	2	-3	-18	-19	-10
Cash from Financing Activity +	14	1	-17	19	-2	-14	-6	0	-4	1	-4	-4
Net Cash Flow	1	-1	2	-1	2	3	2	-6	1	4	-3	15

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-16.00	-18.00	-1.00	-14.00	-10.00	6.00	9.00	-1.00	18.00	23.00	19.00	55.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	1	0	0	1	3	4	3	45	22	36	38	24
Inventory Days	32	52	16	93	65	44	28
Days Payable	0	0	0	0	0	0	0
Cash Conversion Cycle	32	53	16	94	68	47	30	45	22	36	38	24
Working Capital Days	32	53	16	63	58	39	26	1,224	485	346	310	301
ROCE %	9%	9%	27%	22%	23%	33%	27%	6%	44%	44%	26%	57%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.01%	74.01%	74.01%	74.01%	74.01%
Public	25.99%	26.00%	26.00%	26.00%	26.00%	25.99%	26.00%	25.98%	25.99%	25.99%	25.99%	25.99%
No. of Shareholders	469	463	503	512	540	676	826	800	978	1,178	2,172	4,232

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	40.06	12.98	17.69	15.10	2.00
Diluted EPS (Rs.)	40.06	12.98	17.69	15.10	2.00
Cash EPS (Rs.)	40.40	13.43	18.00	12.30	2.52
Book Value[Excl.RevalReserv]/Share (Rs.)	111.00	71.94	61.56	43.39	53.92
Book Value[Incl.RevalReserv]/Share (Rs.)	111.00	71.94	61.56	43.39	53.92
Revenue From Operations / Share (Rs.)	50.99	27.68	29.25	22.27	15.12
PBDIT / Share (Rs.)	52.40	18.05	23.58	17.35	4.05
PBIT / Share (Rs.)	52.05	17.60	23.28	17.14	3.53
PBT / Share (Rs.)	52.01	17.53	23.22	17.08	2.79
Net Profit / Share (Rs.)	40.06	12.98	17.69	12.08	2.00
NP After MI And SOA / Share (Rs.)	40.06	12.98	17.69	12.08	2.00
PBDIT Margin (%)	102.75	65.20	80.62	77.91	26.79
PBIT Margin (%)	102.08	63.57	79.58	76.96	23.35
PBT Margin (%)	101.99	63.32	79.37	76.70	18.43
Net Profit Margin (%)	78.55	46.90	60.48	54.26	13.24
NP After MI And SOA Margin (%)	78.55	46.90	60.48	54.26	13.24
Return on Networth / Equity (%)	36.08	18.04	28.73	27.84	3.71
Return on Capital Employeed (%)	46.62	24.24	37.41	38.92	6.42
Return On Assets (%)	34.18	17.22	26.29	23.77	3.20
Total Debt / Equity (X)	0.00	0.00	0.02	0.00	0.07
Asset Turnover Ratio (%)	0.52	0.38	0.49	0.50	0.24
Current Ratio (X)	11.50	10.56	7.56	5.91	7.75
Quick Ratio (X)	1.85	2.50	1.71	1.21	0.91
Dividend Payout Ratio (NP) (%)	7.48	15.40	0.00	8.27	49.93
Dividend Payout Ratio (CP) (%)	7.42	14.88	0.00	8.13	39.63
Earning Retention Ratio (%)	92.52	84.60	0.00	91.73	50.07
Cash Earning Retention Ratio (%)	92.58	85.12	0.00	91.87	60.37
Interest Coverage Ratio (X)	1160.18	258.54	379.13	309.97	5.44
Interest Coverage Ratio (Post Tax) (X)	887.91	186.95	285.43	216.86	3.69
Enterprise Value (Cr.)	661.72	300.81	286.46	132.06	80.46
EV / Net Operating Revenue (X)	12.18	10.20	9.19	5.57	8.32
EV / EBITDA (X)	11.85	15.64	11.40	7.14	31.05
MarketCap / Net Operating Revenue (X)	12.27	10.29	9.31	5.67	8.20
Retention Ratios (%)	92.51	84.59	0.00	91.72	50.06
Price / BV (X)	5.64	3.96	4.42	2.91	2.30
Price / Net Operating Revenue (X)	12.27	10.29	9.31	5.67	8.20
EarningsYield	0.06	0.04	0.06	0.09	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Wealth First Portfolio Managers Ltd as of November 21, 2024 is: 1,782.07

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, Wealth First Portfolio Managers Ltd is Undervalued by 19.28% compared to the current share price 1,494.00

Intrinsic Value of Wealth First Portfolio Managers Ltd as of November 21, 2024 is: 2,319.02

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, Wealth First Portfolio Managers Ltd is Undervalued by 55.22% compared to the current share price 1,494.00

Last 5 Year EPS CAGR: 30.13%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 27.25%, which is a positive sign. The company has higher reserves (38.85 cr) compared to borrowings (7.38 cr), indicating strong financial stability. The company has shown consistent growth in sales (126.23 cr) and profit (16.23 cr) over the years.	The stock has a high average Working Capital Days of 144.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 42.08, 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 Wealth First Portfolio Managers Ltd:
1. Net Profit Margin: 78.55%
  - 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: 46.62% (Industry Average ROCE: 15.02%)
  - 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%: 36.08% (Industry Average ROE: 15.79%)
  - 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): 887.91
  - 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: 1.85
  - 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: 30.2 (Industry average Stock P/E: 59.47)
  - 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

Wealth First Portfolio Managers Ltd. is a Public Limited Listed company incorporated on 16/04/2002 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L67120GJ2002PLC040636 and registration number is 040636. Currently Company is involved in the business activities of Security and commodity contracts brokerage. Company’s Total Operating Revenue is Rs. 31.17 Cr. and Equity Capital is Rs. 10.66 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	Capitol House, 10 Paras-II, Ahmedabad Gujarat 380015	info@wealthfirst.biz http://www.wealth-firstonline.com

Management
Name	Position Held
Mr. Ashish Navnitlal Shah	Managing Director
Ms. Hena Ashish Shah	Whole Time Director
Mr. Devanshu Rashmikant Mehta	Independent Director
Ms. Binal Bhukhanwala Gandhi	Independent Director
Mr. Rajan Babubhai Mehta	Independent Director
Mr. Sanjiv Harshad Shah	Independent Director

FAQ

What is the latest intrinsic value of Wealth First Portfolio Managers Ltd?

The latest intrinsic value of Wealth First Portfolio Managers Ltd as on 21 November 2024 is ₹1782.07, which is 19.28% higher than the current market price of ₹1,494.00.

What is the Market Cap of Wealth First Portfolio Managers Ltd?

The Market Cap of Wealth First Portfolio Managers Ltd is 1,592 Cr..

What is the current Stock Price of Wealth First Portfolio Managers Ltd as on 21 November 2024?

The current stock price of Wealth First Portfolio Managers Ltd as on 21 November 2024 is ₹1,494.

What is the High / Low of Wealth First Portfolio Managers Ltd stocks in FY 2024?

In FY 2024, the High / Low of Wealth First Portfolio Managers Ltd stocks is 1,715/385.

What is the Stock P/E of Wealth First Portfolio Managers Ltd?

The Stock P/E of Wealth First Portfolio Managers Ltd is 30.2.

What is the Book Value of Wealth First Portfolio Managers Ltd?

The Book Value of Wealth First Portfolio Managers Ltd is 134.

What is the Dividend Yield of Wealth First Portfolio Managers Ltd?

The Dividend Yield of Wealth First Portfolio Managers Ltd is 0.54 %.

What is the ROCE of Wealth First Portfolio Managers Ltd?

The ROCE of Wealth First Portfolio Managers Ltd is 56.8 %.

What is the ROE of Wealth First Portfolio Managers Ltd?

The ROE of Wealth First Portfolio Managers Ltd is 43.8 %.

What is the Face Value of Wealth First Portfolio Managers Ltd?

The Face Value of Wealth First Portfolio Managers Ltd is 10.0.

Share Price and Basic Stock Data

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

Competitors of Wealth First Portfolio Managers Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of Wealth First Portfolio Managers Ltd?

What is the Market Cap of Wealth First Portfolio Managers Ltd?

What is the current Stock Price of Wealth First Portfolio Managers Ltd as on 21 November 2024?

What is the High / Low of Wealth First Portfolio Managers Ltd stocks in FY 2024?

What is the Stock P/E of Wealth First Portfolio Managers Ltd?

What is the Book Value of Wealth First Portfolio Managers Ltd?

What is the Dividend Yield of Wealth First Portfolio Managers Ltd?

What is the ROCE of Wealth First Portfolio Managers Ltd?

What is the ROE of Wealth First Portfolio Managers Ltd?

What is the Face Value of Wealth First Portfolio Managers Ltd?

About the Author

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