AVG Logistics Limited's (NSE:AVG) 37% Share Price Surge Not Quite Adding Up
Mar 15
Indian (NIFTY) Cargo Ground Transportation Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies13
- 7D-0.1%
- 3M-15.2%
- 1Y3.1%
- YTDn/a
Over the last 7 days, the Cargo Ground Transportation industry has remained flat, although notably Ritco Logistics gained 5.1%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Indian Cargo Ground Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | ₹74.3b | ₹56.4b | ₹2.1b | 41x | 35.3x | 1.3x |
| Sat, 23 Mar 2024 | ₹70.8b | ₹54.5b | ₹2.1b | 30.7x | 34.4x | 1.3x |
| Mon, 19 Feb 2024 | ₹73.7b | ₹54.5b | ₹2.1b | 33.8x | 35.8x | 1.4x |
| Wed, 17 Jan 2024 | ₹85.5b | ₹55.1b | ₹2.3b | 38.7x | 37.2x | 1.6x |
| Fri, 15 Dec 2023 | ₹89.8b | ₹55.0b | ₹2.3b | 39.7x | 39.2x | 1.6x |
| Sun, 12 Nov 2023 | ₹77.7b | ₹54.9b | ₹2.3b | 30.3x | 34.1x | 1.4x |
| Tue, 10 Oct 2023 | ₹79.3b | ₹53.8b | ₹2.4b | 31x | 33.5x | 1.5x |
| Thu, 07 Sep 2023 | ₹78.6b | ₹53.8b | ₹2.4b | 26.4x | 33.3x | 1.5x |
| Sat, 05 Aug 2023 | ₹82.9b | ₹52.7b | ₹2.3b | 32.7x | 35.7x | 1.6x |
| Mon, 03 Jul 2023 | ₹79.0b | ₹52.6b | ₹2.3b | 30.2x | 34x | 1.5x |
| Wed, 31 May 2023 | ₹80.4b | ₹52.9b | ₹2.4b | 26.2x | 34.2x | 1.5x |
| Fri, 28 Apr 2023 | ₹70.6b | ₹53.9b | ₹2.4b | 18.1x | 29.8x | 1.3x |
| Sun, 26 Mar 2023 | ₹71.3b | ₹53.9b | ₹2.4b | 15.2x | 30.1x | 1.3x |
Price to Earnings Ratio
30.1x
Current Industry PE
- Investors are relatively neutral on the Indian Cargo Ground Transportation industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 34.4x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Cargo Ground Transportation industry have declined 3.8% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Cargo Ground Transportation compare with similar industries?
| IN Market | 1.80% | |
| Industrials | 3.23% | |
| Transportation | 2.44% | |
| Cargo Ground Transportation | -0.11% | |
| Railroads | 2.77% | |
| Trucking | 0% | |
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 | |
|---|---|---|---|---|---|
| VRLLOG VRL Logistics | ₹567.00 | 1.5% +₹730.4m | -10.1% | PE38.6x | |
| 542383 Ritco Logistics | ₹270.20 | 7.5% +₹458.9m | 46.0% | PE23.5x | |
| GICL Globe International Carriers | ₹48.40 | 8.4% +₹75.4m | 21.0% | PE42.5x | |
| 520127 Balurghat Technologies | ₹36.73 | 10.7% +₹61.6m | 190.8% | PE39.2x | |
| 541206 Orissa Bengal Carrier | ₹52.40 | 2.7% +₹29.1m | -9.5% | PE214.3x |