Arvind and Company Shipping Agencies Limited (NSE:ACSAL) Stock Rockets 26% But Many Are Still Ignoring The Company
Sep 05
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Indian (NIFTY) Marine Industry Analysis
UpdatedSep 20, 2024
DataAggregated Company Financials
Companies11
- 7D-1.4%
- 3M-6.0%
- 1Y34.5%
- YTDn/a
Over the last 7 days, the Marine industry has dropped 1.4%, driven by Shipping Corporation of India declining 1.9%. This takes the industry's 12 month performance to a gain of 34%.
Industry Valuation and Performance
Has the Indian Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Sep 2024 | ₹161.7b | ₹72.7b | ₹8.9b | 22.7x | 18.2x | 2.2x |
| Sun, 18 Aug 2024 | ₹172.2b | ₹72.4b | ₹8.9b | 20.4x | 19.4x | 2.4x |
| Tue, 16 Jul 2024 | ₹203.1b | ₹68.9b | ₹7.7b | 22.7x | 26.4x | 2.9x |
| Thu, 13 Jun 2024 | ₹165.2b | ₹69.1b | ₹7.7b | 24x | 21.4x | 2.4x |
| Sat, 11 May 2024 | ₹145.0b | ₹73.0b | ₹8.8b | 28.7x | 16.6x | 2x |
| Mon, 08 Apr 2024 | ₹159.5b | ₹73.0b | ₹8.8b | 17.6x | 18.2x | 2.2x |
| Wed, 06 Mar 2024 | ₹165.2b | ₹73.9b | ₹8.8b | 15.8x | 18.8x | 2.2x |
| Fri, 02 Feb 2024 | ₹166.2b | ₹75.2b | ₹10.6b | 16.6x | 15.7x | 2.2x |
| Sun, 31 Dec 2023 | ₹126.8b | ₹75.4b | ₹10.6b | 16.6x | 12x | 1.7x |
| Tue, 28 Nov 2023 | ₹112.1b | ₹75.1b | ₹10.5b | 14.7x | 10.6x | 1.5x |
| Thu, 26 Oct 2023 | ₹111.6b | ₹80.1b | ₹11.9b | 13.4x | 9.3x | 1.4x |
| Sat, 23 Sep 2023 | ₹115.5b | ₹79.9b | ₹11.9b | 13.4x | 9.7x | 1.4x |
| Mon, 21 Aug 2023 | ₹98.3b | ₹80.4b | ₹11.9b | 14.2x | 8.2x | 1.2x |
| Wed, 19 Jul 2023 | ₹80.8b | ₹84.7b | ₹11.9b | 17.2x | 6.8x | 1x |
| Fri, 16 Jun 2023 | ₹81.6b | ₹84.6b | ₹12.0b | 14.1x | 6.8x | 1x |
| Sun, 14 May 2023 | ₹77.7b | ₹85.6b | ₹12.4b | 15.1x | 6.3x | 0.9x |
| Tue, 11 Apr 2023 | ₹68.8b | ₹79.4b | ₹10.7b | 14.7x | 6.4x | 0.9x |
| Thu, 09 Mar 2023 | ₹87.7b | ₹79.4b | ₹10.7b | 15.4x | 8.2x | 1.1x |
| Sat, 04 Feb 2023 | ₹91.2b | ₹80.3b | ₹11.2b | 17.2x | 8.1x | 1.1x |
| Mon, 02 Jan 2023 | ₹100.5b | ₹80.3b | ₹11.2b | 14.1x | 9x | 1.3x |
| Wed, 30 Nov 2022 | ₹100.4b | ₹78.3b | ₹12.4b | 15.5x | 8.1x | 1.3x |
| Fri, 28 Oct 2022 | ₹92.2b | ₹76.5b | ₹12.1b | 14.8x | 7.6x | 1.2x |
| Sun, 25 Sep 2022 | ₹84.6b | ₹74.9b | ₹12.1b | 11x | 7x | 1.1x |
| Tue, 23 Aug 2022 | ₹79.5b | ₹74.7b | ₹11.7b | 15.3x | 6.8x | 1.1x |
| Thu, 21 Jul 2022 | ₹69.5b | ₹68.7b | ₹12.9b | 9.3x | 5.4x | 1x |
| Sat, 18 Jun 2022 | ₹66.9b | ₹68.8b | ₹12.9b | 9.5x | 5.2x | 1x |
| Mon, 16 May 2022 | ₹73.9b | ₹73.4b | ₹12.2b | 8.5x | 6x | 1x |
| Wed, 13 Apr 2022 | ₹85.1b | ₹68.8b | ₹11.4b | 16.8x | 7.4x | 1.2x |
| Fri, 11 Mar 2022 | ₹78.0b | ₹68.8b | ₹11.4b | 12x | 6.8x | 1.1x |
| Sun, 06 Feb 2022 | ₹88.3b | ₹65.8b | ₹10.8b | 13.8x | 8.1x | 1.3x |
| Tue, 04 Jan 2022 | ₹90.5b | ₹59.8b | ₹9.0b | 15x | 10x | 1.5x |
| Thu, 02 Dec 2021 | ₹94.4b | ₹59.8b | ₹9.0b | 15.6x | 10.4x | 1.6x |
| Sat, 30 Oct 2021 | ₹82.4b | ₹55.9b | ₹7.7b | 12.2x | 10.6x | 1.5x |
| Mon, 27 Sep 2021 | ₹76.7b | ₹55.4b | ₹7.7b | 9.2x | 9.9x | 1.4x |
Price to Earnings Ratio
9.9x
Current Industry PE
- Investors are optimistic on the Indian Marine industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.2x which is higher than its 3-year average PE of 10.8x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Marine industry have grown 4.8% per year over the last three years.
- Revenues for these companies have grown 9.4% 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 compare with similar industries?
| IN Market | -0.71% | |
| Industrials | -2.15% | |
| Marine and Shipping | -1.35% | |
| Marine | -1.35% | |
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 | |
|---|---|---|---|---|---|
| SCI Shipping Corporation of India | ₹258.10 | 4.9% +₹5.6b | 84.6% | PE15x | |
| ACSAL Arvind and Company Shipping Agencies | ₹125.80 | 27.5% +₹328.9m | n/a | PE29x | |
| 543273 Knowledge Marine & Engineering Works | ₹1.82k | 1.2% +₹226.3m | 19.2% | PE50.6x | |
| 520151 Shreyas Shipping and Logistics | ₹319.15 | 3.0% +₹206.4m | -15.9% | PS2.1x | |
| 513121 Oricon Enterprises | ₹37.19 | 0.8% +₹47.1m | 50.6% | PE1643.4x |