Adani Ports and Special Economic Zone Limited's (NSE:ADANIPORTS) Share Price Matching Investor Opinion
Apr 08
Indian (NIFTY) Marine Ports and Services Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies10
- 7D-2.8%
- 3M10.1%
- 1Y97.8%
- YTDn/a
Over the last 7 days, the Marine Ports and Services industry has dropped 2.8%, driven by a pullback from Adani Ports and Special Economic Zone of 3.0%. Meanwhile, Dredging Corporation of India actually outperformed within the industry, gaining 10.0% in the last week. This takes the industry's 12 month performance to a gain of 98%. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Indian Marine Ports and Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | ₹3.5t | ₹328.2b | ₹84.7b | 37x | 41.2x | 10.6x |
| Thu, 14 Mar 2024 | ₹3.2t | ₹327.9b | ₹84.7b | 34x | 37.7x | 9.7x |
| Sat, 10 Feb 2024 | ₹3.3t | ₹329.4b | ₹84.1b | 35.7x | 39.7x | 10.1x |
| Mon, 08 Jan 2024 | ₹3.1t | ₹306.3b | ₹69.7b | 36.7x | 44.2x | 10.1x |
| Wed, 06 Dec 2023 | ₹2.8t | ₹306.3b | ₹69.7b | 27.4x | 39.9x | 9.1x |
| Fri, 03 Nov 2023 | ₹2.1t | ₹290.4b | ₹68.7b | 19.4x | 31x | 7.3x |
| Sun, 01 Oct 2023 | ₹1.9t | ₹254.1b | ₹68.4b | 18.7x | 27.4x | 7.4x |
| Tue, 29 Aug 2023 | ₹1.8t | ₹246.9b | ₹67.9b | 15.9x | 26.9x | 7.4x |
| Thu, 27 Jul 2023 | ₹1.7t | ₹235.7b | ₹58.0b | 15.6x | 29.4x | 7.2x |
| Sat, 24 Jun 2023 | ₹1.6t | ₹235.7b | ₹58.0b | 14.5x | 27.9x | 6.9x |
| Mon, 22 May 2023 | ₹1.6t | ₹210.6b | ₹55.3b | 29.2x | 28.2x | 7.4x |
| Wed, 19 Apr 2023 | ₹1.5t | ₹210.6b | ₹55.3b | 27.9x | 27x | 7.1x |
| Fri, 17 Mar 2023 | ₹1.5t | ₹210.6b | ₹55.3b | 28.8x | 27.8x | 7.3x |
| Sun, 12 Feb 2023 | ₹1.3t | ₹211.3b | ₹55.0b | 24.8x | 24.2x | 6.3x |
| Tue, 10 Jan 2023 | ₹1.8t | ₹202.0b | ₹57.3b | 24.1x | 31.9x | 9.1x |
| Thu, 08 Dec 2022 | ₹2.0t | ₹202.0b | ₹57.3b | 26.5x | 34.5x | 9.8x |
| Sat, 05 Nov 2022 | ₹1.9t | ₹200.2b | ₹56.6b | 19.9x | 34x | 9.6x |
| Mon, 03 Oct 2022 | ₹1.8t | ₹186.3b | ₹48.4b | 19.6x | 37.1x | 9.6x |
| Wed, 31 Aug 2022 | ₹1.8t | ₹186.2b | ₹48.4b | 18.8x | 38x | 9.9x |
| Fri, 29 Jul 2022 | ₹1.7t | ₹184.9b | ₹50.0b | 19.3x | 33.3x | 9x |
| Sun, 26 Jun 2022 | ₹1.5t | ₹184.9b | ₹50.0b | 17.8x | 30x | 8.1x |
| Tue, 24 May 2022 | ₹1.7t | ₹195.8b | ₹53.7b | 17.4x | 31.4x | 8.6x |
| Thu, 21 Apr 2022 | ₹2.0t | ₹195.2b | ₹53.0b | 22x | 37.5x | 10.2x |
| Sat, 19 Mar 2022 | ₹1.8t | ₹195.2b | ₹53.0b | 21.4x | 33.2x | 9x |
| Mon, 14 Feb 2022 | ₹1.6t | ₹195.0b | ₹52.3b | 20.6x | 30.1x | 8.1x |
| Wed, 12 Jan 2022 | ₹1.7t | ₹192.5b | ₹53.6b | 20.6x | 31x | 8.6x |
| Fri, 10 Dec 2021 | ₹1.7t | ₹192.5b | ₹53.6b | 20.9x | 31.2x | 8.7x |
| Sun, 07 Nov 2021 | ₹1.6t | ₹191.4b | ₹53.2b | 22x | 29.4x | 8.2x |
| Tue, 05 Oct 2021 | ₹1.6t | ₹184.4b | ₹57.1b | 24.5x | 28.3x | 8.8x |
| Thu, 02 Sep 2021 | ₹1.6t | ₹184.4b | ₹57.1b | 23.8x | 28.7x | 8.9x |
| Sat, 31 Jul 2021 | ₹1.5t | ₹184.4b | ₹57.1b | 24.8x | 26x | 8.1x |
| Tue, 04 May 2021 | ₹1.6t | ₹160.5b | ₹51.5b | 26.9x | 30.6x | 9.8x |
Price to Earnings Ratio
30.6x
Current Industry PE
- Investors are optimistic on the Indian Marine Ports and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 41.2x which is higher than its 3-year average PE of 32.1x.
- The 3-year average PS ratio of 8.7x is lower than the industry's current PS ratio of 10.6x.
Past Earnings Growth
- The earnings for companies in the Marine Ports and Services industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 27% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Marine Ports and Services compare with similar industries?
| IN Market | -1.72% | |
| Industrials | -1.98% | |
| Infrastructure | -2.80% | |
| Marine Ports and Services | -2.79% | |
| Highways and Railtracks | 1.10% | |
| Airport Services | -5.60% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 523618 Dredging Corporation of India | ₹808.70 | 10.0% +₹2.1b | 164.3% | PE50.3x | |
| 531834 Natura Hue Chem | ₹8.78 | 43.9% +₹11.1m | 70.8% | PE84.2x |
