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Last Updated on: 12 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532616 | NSE: XCHANGING

Xchanging Solutions Ltd: Share Price Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 11, 2024, 10:03 pm

Market Cap 1,343 Cr.
Current Price 121
High / Low177/101
Stock P/E45.9
Book Value 29.7
Dividend Yield26.5 %
ROCE11.9 %
ROE2.66 %
Face Value 10.0
PEG Ratio-3.87

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

View Share Price Target for Xchanging Solutions Ltd

Competitors of Xchanging Solutions Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Naapbooks Ltd 126 Cr. 139159/32.353.9 20.0%17.4 %13.6 %
IDream Film Infrastructure Company Ltd 1.41 Cr. 93.898.5/85.0 2950.00 %%% 10.0
IB Infotech Enterprises Ltd 26.0 Cr. 203245/11034.3 16.80.49 %69.9 %50.5 % 10.0
Hit Kit Global Solutions Ltd 6.54 Cr. 1.411.41/0.5820.4 2.080.00 %1.92 %1.94 % 2.00
Globalspace Technologies Ltd 69.8 Cr. 20.327.0/16.2212 15.70.00 %%% 10.0
Industry Average41,935.91 Cr823.8798.28122.690.58%21.17%59.71%6.95

All Competitor Stocks of Xchanging Solutions Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales45424345444341464443424444
Expenses32292931293033333032313533
Operating Profit1313141415148131412111011
OPM %28%31%32%31%34%31%19%29%32%27%27%22%24%
Other Income2222232346586
Interest0000000000022
Depreciation0000000000000
Profit before tax15151616171710161717161614
Tax %27%-29%23%31%10%28%32%33%151%19%123%23%27%
Net Profit111912111512711-914-41211
EPS in Rs0.951.691.080.991.341.080.620.99-0.811.24-0.321.110.95

Last Updated: October 7, 2024, 8:50 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthDec 2012Dec 2013Dec 2014Dec 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales209243287279307186184182196174174174174
Expenses194226286252298160141134140121125128131
Operating Profit151712892643485553504743
OPM %7%7%0%10%3%14%23%26%28%31%28%27%25%
Other Income1127361514161513169112224
Interest0110000000023
Depreciation5554310111111
Profit before tax21393239204157597061606663
Tax %40%22%21%24%8%22%18%8%10%14%25%79%
Net Profit12302529183247556253451433
EPS in Rs1.102.722.252.621.642.844.194.915.604.724.031.232.98
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%1,545%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)77.78%46.88%17.02%12.73%-14.52%-15.09%-68.89%
Change in YoY Net Profit Growth (%)0.00%-30.90%-29.85%-4.29%-27.24%-0.58%-53.79%

Xchanging Solutions Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-3%
5 Years:-1%
3 Years:-4%
TTM:0%
Compounded Profit Growth
10 Years:-7%
5 Years:-22%
3 Years:-40%
TTM:28%
Stock Price CAGR
10 Years:13%
5 Years:16%
3 Years:4%
1 Year:15%
Return on Equity
10 Years:8%
5 Years:8%
3 Years:6%
Last Year:3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:32 pm

MonthDec 2012Dec 2013Dec 2014Dec 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital111111111111111111111111111111111111111
Reserves139167193222239272322385444502565243219
Borrowings22211002321105106
Other Liabilities74105103781018480756761666466
Total Liabilities326386409412452468513573625676743523502
Fixed Assets166166166164161159159161160161160159159
CWIP0000000000000
Investments00001011220000000
Other Assets159220243249190188355412465516583364343
Total Assets326386409412452468513573625676743523502

Reserves and Borrowings Chart

Cash Flow

MonthDec 2012Dec 2013Dec 2014Dec 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +143412838364846623542-12
Cash from Investing Activity +-13-6468614245153437
Cash from Financing Activity +-000-1-1-1-0-1-2-1-0-232
Net Cash Flow22953345426269654975-207

Free Cash Flow

MonthDec 2012Dec 2013Dec 2014Dec 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow13.0015.00-1.0027.008.0026.0043.0046.0052.0051.0049.00-58.00

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

MonthDec 2012Dec 2013Dec 2014Dec 2015Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days807085605561574117311624
Inventory Days
Days Payable
Cash Conversion Cycle807085605561574117311624
Working Capital Days4362322-17-30-44-19-63-31-55-54
ROCE %11%13%7%12%6%11%14%13%13%10%9%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.04%0.15%0.24%0.24%0.06%0.11%0.05%0.04%0.11%0.11%0.23%0.09%
DIIs0.37%0.37%0.31%0.31%0.31%0.31%0.31%0.29%0.29%0.29%0.29%0.29%
Public24.59%24.48%24.45%24.45%24.63%24.57%24.63%24.68%24.60%24.58%24.47%24.61%
No. of Shareholders59,35558,95559,94058,99758,77856,67254,83452,69557,67159,45771,43772,997

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.)1.234.034.725.604.91
Diluted EPS (Rs.)1.234.034.725.604.91
Cash EPS (Rs.)1.284.094.805.735.04
Book Value[Excl.RevalReserv]/Share (Rs.)31.7760.7055.0749.8844.53
Book Value[Incl.RevalReserv]/Share (Rs.)31.7760.7055.0749.8844.53
Revenue From Operations / Share (Rs.)15.6615.6615.6417.5716.36
PBDIT / Share (Rs.)6.165.415.566.405.46
PBIT / Share (Rs.)6.115.365.486.285.33
PBT / Share (Rs.)5.945.355.466.255.32
Net Profit / Share (Rs.)1.234.034.725.614.91
NP After MI And SOA / Share (Rs.)1.234.034.725.614.91
PBDIT Margin (%)39.3234.5735.5436.4333.39
PBIT Margin (%)39.0134.2235.0235.7232.60
PBT Margin (%)37.9434.1734.9235.5932.53
Net Profit Margin (%)7.8525.7430.1631.8930.01
NP After MI And SOA Margin (%)7.8525.7430.1631.8930.01
Return on Networth / Equity (%)3.876.638.5611.2311.02
Return on Capital Employeed (%)14.558.679.8612.4511.86
Return On Assets (%)2.616.047.809.999.54
Long Term Debt / Equity (X)0.290.000.000.000.00
Total Debt / Equity (X)0.290.000.000.000.00
Asset Turnover Ratio (%)0.270.070.090.090.10
Current Ratio (X)6.099.948.876.625.37
Quick Ratio (X)6.099.948.876.625.37
Dividend Payout Ratio (NP) (%)2439.480.000.000.000.00
Dividend Payout Ratio (CP) (%)2346.980.000.000.000.00
Earning Retention Ratio (%)-2339.480.000.000.000.00
Cash Earning Retention Ratio (%)-2246.980.000.000.000.00
Interest Coverage Ratio (X)36.68603.10387.13274.27468.15
Interest Coverage Ratio (Post Tax) (X)8.33450.00329.56241.15421.77
Enterprise Value (Cr.)1057.2878.16462.18328.5724.97
EV / Net Operating Revenue (X)6.060.442.651.680.13
EV / EBITDA (X)15.411.307.464.610.41
MarketCap / Net Operating Revenue (X)7.233.405.183.681.93
Retention Ratios (%)-2339.480.000.000.000.00
Price / BV (X)3.560.871.471.300.70
Price / Net Operating Revenue (X)7.233.405.183.681.93
EarningsYield0.010.070.050.080.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Xchanging Solutions Ltd as of December 12, 2024 is: 45.87

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 12, 2024, Xchanging Solutions Ltd is Overvalued by 62.09% compared to the current share price 121.00

Intrinsic Value of Xchanging Solutions Ltd as of December 12, 2024 is: 40.43

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 12, 2024, Xchanging Solutions Ltd is Overvalued by 66.59% compared to the current share price 121.00

Last 5 Year EPS CAGR: -11.85%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -18.25, which is a positive sign.
  2. The company has higher reserves (300.92 cr) compared to borrowings (17.46 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (213.00 cr) and profit (48.31 cr) over the years.
  1. The stock has a low average ROCE of 10.92%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 49.75, 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 Xchanging Solutions Ltd:
    1. Net Profit Margin: 7.85%
      • 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: 14.55% (Industry Average ROCE: 20.21%)
      • 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%: 3.87% (Industry Average ROE: 54.83%)
      • 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): 8.33
      • 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: 6.09
      • 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: 45.9 (Industry average Stock P/E: 78.62)
      • 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: 0.29
      • 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 Xchanging Solutions Ltd?

The latest intrinsic value of Xchanging Solutions Ltd as on 12 December 2024 is ₹45.87, which is 62.09% lower than the current market price of ₹121.00. The stock has a market capitalization of 1,343 Cr. and recorded a high/low of ₹177/101 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹219 Cr and total liabilities of ₹502 Cr.

What is the Market Cap of Xchanging Solutions Ltd?

The Market Cap of Xchanging Solutions Ltd is 1,343 Cr..

What is the current Stock Price of Xchanging Solutions Ltd as on 12 December 2024?

The current stock price of Xchanging Solutions Ltd as on 12 December 2024 is 121.

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

In FY 2024-2025, the High / Low of Xchanging Solutions Ltd stocks is 177/101.

What is the Stock P/E of Xchanging Solutions Ltd?

The Stock P/E of Xchanging Solutions Ltd is 45.9.

What is the Book Value of Xchanging Solutions Ltd?

The Book Value of Xchanging Solutions Ltd is 29.7.

What is the Dividend Yield of Xchanging Solutions Ltd?

The Dividend Yield of Xchanging Solutions Ltd is 26.5 %.

What is the ROCE of Xchanging Solutions Ltd?

The ROCE of Xchanging Solutions Ltd is 11.9 %.

What is the ROE of Xchanging Solutions Ltd?

The ROE of Xchanging Solutions Ltd is 2.66 %.

What is the Face Value of Xchanging Solutions Ltd?

The Face Value of Xchanging Solutions 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 Xchanging Solutions 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