Williamson Magor & Company Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:35 am

Market Cap	43.0 Cr.
Current Price	39.2
High / Low	47.0/30.2
Stock P/E
Book Value	223
Dividend Yield	0.00 %
ROCE	7.39 %
ROE	%
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Multipurpose Trading & Agencies Ltd	5.23 Cr.	10.6	13.3/7.81	29.1	10.2	0.00 %	4.44 %	3.91 %	10.0
Munoth Financial Services Ltd	34.4 Cr.	67.0	81.3/54.6		21.2	0.00 %	1.71 %	1.79 %	10.0
Nam Securities Ltd	72.5 Cr.	134	198/65.6	201	21.2	0.00 %	4.16 %	3.05 %	10.0
Naperol Investments Ltd	733 Cr.	1,275	2,041/801	748	3,204	0.00 %	0.08 %	0.05 %	10.0
Inani Securities Ltd	13.2 Cr.	29.0	42.0/20.5	9.10	42.2	0.00 %	10.6 %	6.92 %	10.0
Industry Average	3,918.52	N/A		2,740.82	N/A	N/A	14.89	15.33	N/A

All Competitor Stocks of

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	6	6	7	8	12	12	12	-33	0	1	1	1	0
Expenses	0	1	1	1	0	0	0	32	0	0	11	30	272
Operating Profit	5	5	6	8	12	12	12	-65	0	0	-11	-29	-271
OPM %	94%	91%	87%	93%	97%	98%	97%		24%	39%	-2,015%	-2,123%	-54,262%
Other Income	0	0	0	1	0	0	12	41	0	0	0	2	0
Interest	0	0	0	34	3	3	2	2	0	0	1	2	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	5	5	6	-25	9	9	22	-27	0	1	-11	-29	-271
Tax %	195%	206%	58%	-72%	10%	104%	10%	-62%	100%	296%	37%	2%	-24%
Net Profit	-5	-5	2	-7	8	-0	20	-10	0	-1	-15	-30	-207
EPS in Rs	-4.37	-4.59	2.15	-6.43	7.01	-0.37	18.35	-9.36	0.00	-0.94	-13.70	-26.99	-188.84

Last Updated: October 7, 2024, 8:51 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 3:14 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	TTM
Sales	23	27	36	35	54	49	52	40	20	26	3	3	3
Expenses	9	7	15	9	11	9	6	93	44	2	33	42	314
Operating Profit	14	20	21	26	42	40	46	-53	-24	24	-30	-39	-311
OPM %	61%	75%	58%	73%	79%	81%	88%	-135%	-120%	91%	-985%	-1,358%	-10,712%
Other Income	16	0	10	1	13	3	4	57	79	1	54	3	3
Interest	24	27	32	44	70	92	110	59	11	34	10	3	3
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	5	-6	-2	-17	-15	-49	-61	-54	44	-10	13	-39	-311
Tax %	16%	33%	126%	-9%	0%	0%	-56%	40%	-15%	51%	-30%	28%
Net Profit	4	-8	-4	-16	-15	-49	-27	-76	51	-14	17	-50	-253
EPS in Rs	4.03	-7.71	-3.83	-14.47	-13.60	-44.82	-24.26	-69.67	46.11	-13.23	15.63	-46.02	-230.47
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-300.00%	50.00%	-300.00%	6.25%	-226.67%	44.90%	-181.48%	167.11%	-127.45%	221.43%	-394.12%
Change in YoY Net Profit Growth (%)	0.00%	350.00%	-350.00%	306.25%	-232.92%	271.56%	-226.38%	348.59%	-294.56%	348.88%	-615.55%

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:	-20%
5 Years:	-44%
3 Years:	-48%
TTM:	-119%

Compounded Profit Growth
10 Years:	%
5 Years:	-37%
3 Years:	%
TTM:	-2905%

Stock Price CAGR
10 Years:	-5%
5 Years:	25%
3 Years:	16%
1 Year:	12%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:33 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	11	11	11	11	11	11	11	11	11	11	11	11	11
Reserves	170	116	112	96	81	32	-133	-309	-154	-164	-133	-74	-255
Borrowings	161	156	196	378	501	579	745	756	605	598	574	595	590
Other Liabilities	4	6	7	17	13	36	142	167	170	69	77	66	65
Total Liabilities	347	289	325	502	606	658	764	624	632	514	529	598	410
Fixed Assets	48	2	2	2	2	2	2	1	0	0	0	0	0
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	222	221	240	287	405	434	247	85	39	41	54	164	189
Other Assets	77	65	83	214	199	222	515	538	592	473	475	435	222
Total Assets	347	289	325	502	606	658	764	624	632	514	529	598	410

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 +	-10	6	-12	-135	2	-54	-198	-7	-131	2	-29	10
Cash from Investing Activity +	17	0	-27	-48	-121	-28	-5	-0	219	4	53	0
Cash from Financing Activity +	-7	-5	40	182	122	79	198	10	-87	-7	-23	-11
Net Cash Flow	1	0	1	-1	3	-3	-5	3	1	-2	0	-1

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	-147.00	-136.00	-175.00	-352.00	-459.00	-539.00	-699.00	-809.00	-629.00	-574.00	-604.00	-634.00

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	26	23	11	17	5	6	5	10	18	48	562	882
Inventory Days
Days Payable
Cash Conversion Cycle	26	23	11	17	5	6	5	10	18	48	562	882
Working Capital Days	704	668	625	1,890	1,003	895	34	898	3,092	-132	1,564	371
ROCE %	4%	7%	8%	7%	10%	7%	8%	-10%	-3%	5%	-6%	-7%

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	62.01%	62.01%	62.01%	62.01%	62.01%	62.01%	62.01%	62.01%	62.01%	62.01%	62.01%	62.01%
DIIs	0.07%	0.06%	0.07%	0.07%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%
Public	37.91%	37.92%	37.91%	37.91%	37.93%	37.92%	37.92%	37.93%	37.93%	37.93%	37.93%	37.91%
No. of Shareholders	7,519	8,545	8,438	8,415	8,906	8,655	8,560	8,589	8,539	9,013	8,613	8,515

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.)	-46.03	15.61	-13.23	46.11	-123.12
Diluted EPS (Rs.)	-46.03	15.61	-13.23	46.11	-123.12
Cash EPS (Rs.)	-46.02	15.63	-13.21	46.15	-119.69
Book Value[Excl.RevalReserv]/Share (Rs.)	-62.61	-116.35	-144.25	-102.68	-244.72
Book Value[Incl.RevalReserv]/Share (Rs.)	-62.61	-116.35	-144.25	-102.68	-244.72
Revenue From Operations / Share (Rs.)	2.64	2.79	23.70	18.43	28.05
PBDIT / Share (Rs.)	-33.19	21.35	22.45	49.67	-46.22
PBIT / Share (Rs.)	-33.19	21.34	22.43	49.64	-46.27
PBT / Share (Rs.)	-35.96	12.05	-8.74	39.97	-99.81
Net Profit / Share (Rs.)	-46.02	15.62	-13.23	46.11	-119.73
NP After MI And SOA / Share (Rs.)	-46.03	15.61	-13.24	46.11	-123.12
PBDIT Margin (%)	-1258.40	765.30	94.72	269.49	-164.79
PBIT Margin (%)	-1258.50	764.95	94.64	269.31	-164.94
PBT Margin (%)	-1363.19	431.84	-36.86	216.89	-355.83
Net Profit Margin (%)	-1744.81	560.00	-55.82	250.20	-426.86
NP After MI And SOA Margin (%)	-1745.02	559.52	-55.86	250.18	-438.94
Return on Networth / Equity (%)	0.00	-13.41	0.00	-44.90	0.00
Return on Capital Employeed (%)	53.95	-20.88	-36.76	64.98	81.97
Return On Assets (%)	-8.50	3.26	-2.85	7.62	-20.60
Long Term Debt / Equity (X)	0.00	0.00	-0.47	-0.69	-0.37
Total Debt / Equity (X)	-8.67	-4.51	-3.78	-5.38	-2.82
Asset Turnover Ratio (%)	0.01	0.01	0.04	0.03	0.05
Current Ratio (X)	0.76	0.66	0.71	0.96	0.76
Quick Ratio (X)	0.76	0.66	0.71	0.96	0.76
Interest Coverage Ratio (X)	-12.02	2.30	0.72	5.14	-0.86
Interest Coverage Ratio (Post Tax) (X)	-15.67	2.68	0.57	5.77	-1.24
Enterprise Value (Cr.)	630.35	593.11	619.56	622.43	769.36
EV / Net Operating Revenue (X)	218.12	194.02	23.86	30.82	25.04
EV / EBITDA (X)	-17.33	25.35	25.18	11.44	-15.19
MarketCap / Net Operating Revenue (X)	12.59	6.44	0.87	0.99	0.48
Price / BV (X)	-0.53	-0.15	-0.14	-0.17	-0.05
Price / Net Operating Revenue (X)	12.60	6.44	0.87	0.99	0.48
EarningsYield	-1.39	0.86	-0.64	2.51	-8.99

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 511.79

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 21, 2024, is Undervalued by 1,205.59% compared to the current share price 39.20

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

Intrinsic Value of as of December 21, 2024 is: 166.12

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 21, 2024, is Undervalued by 323.78% compared to the current share price 39.20

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

Last 5 Year EPS CAGR: -67.54%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
	The stock has a low average ROCE of 2.50%, which may not be favorable. The stock has a high average Working Capital Days of 339.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 134.42, which may not be favorable. The company has higher borrowings (494.92) compared to reserves (-47.31), which may suggest financial risk. The company has not shown consistent growth in sales (28.54) and profit (-38.62).

Strength

Weakness

The stock has a low average ROCE of 2.50%, which may not be favorable.
The stock has a high average Working Capital Days of 339.08, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 134.42, which may not be favorable.
The company has higher borrowings (494.92) compared to reserves (-47.31), which may suggest financial risk.
The company has not shown consistent growth in sales (28.54) and profit (-38.62).

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 :
1. Net Profit Margin: -1744.81%
  - 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: 53.95% (Industry Average ROCE: 14.89%)
  - 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%: 0% (Industry Average ROE: 15.33%)
  - 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): -15.67
  - 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: 0.76
  - 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: 2)
  - 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: -8.67
  - 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

Williamson Magor & Company Ltd. is a Public Limited Listed company incorporated on 10/03/1949 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L01132WB1949PLC017715 and registration number is 017715. Currently Company is involved in the business activities of Real estate activities with own or leased property. Company’s Total Operating Revenue is Rs. 25.97 Cr. and Equity Capital is Rs. 10.96 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	Four Mangoe Lane, Surendra Mohan Ghosh Sarani, Kolkata West Bengal 700001	administrator@mcleodrussel.com http://www.wmtea.com

Management
Name	Position Held
Mr. Lakshman Singh	Chairman
Mr. Chandan Mitra	Director
Ms. Ishita Ray	Director
Mr. Debasish Lahiri	Director
Mr. Sukesh Dolui	Director
Mr. Tabrez Ahmed	Independent Director
Mr. Lyra Cherian	Independent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹511.79, which is 1205.59% higher than the current market price of ₹39.20. The stock has a market capitalization of 43.0 Cr. and recorded a high/low of 47.0/30.2 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹-255 Cr and total liabilities of ₹410 Cr.

What is the Market Cap of ?

The Market Cap of is 43.0 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 39.2.

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

In FY 2024-2025, the High / Low of stocks is 47.0/30.2.

What is the Stock P/E of ?

The Stock P/E of is .

What is the Book Value of ?

The Book Value of is 223.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 7.39 %.

What is the ROE of ?

The ROE of is %.

What is the Face Value of ?

The Face Value of is 10.0.