Is Now The Time To Put Tamil Nadu Newsprint and Papers (NSE:TNPL) On Your Watchlist?
Apr 06
Indian (NIFTY) Paper and Forestry Products Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies44
- 7D-2.3%
- 3M-6.4%
- 1Y41.4%
- YTD-2.0%
Over the last 7 days, the Paper and Forestry Products industry has dropped 2.3%, driven by a pullback from Century Textiles and Industries of 1.7%. On the other hand Shree Rama Newsprint is actually up 14%. This takes the industry's 12 month performance to a gain of 41%. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Indian Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ₹674.7b | ₹462.0b | ₹49.4b | 19.2x | 13.7x | 1.5x |
| Sun, 17 Mar 2024 | ₹629.4b | ₹462.0b | ₹49.4b | 18.1x | 12.7x | 1.4x |
| Tue, 13 Feb 2024 | ₹667.6b | ₹465.5b | ₹50.8b | 15.6x | 13.1x | 1.4x |
| Thu, 11 Jan 2024 | ₹714.8b | ₹466.0b | ₹53.0b | 9.5x | 13.5x | 1.5x |
| Sat, 09 Dec 2023 | ₹641.8b | ₹466.0b | ₹53.0b | 8.8x | 12.1x | 1.4x |
| Mon, 06 Nov 2023 | ₹596.2b | ₹467.5b | ₹53.6b | 8x | 11.1x | 1.3x |
| Wed, 04 Oct 2023 | ₹617.3b | ₹473.7b | ₹55.9b | 8.9x | 11x | 1.3x |
| Fri, 01 Sep 2023 | ₹585.8b | ₹474.3b | ₹56.0b | 8.3x | 10.5x | 1.2x |
| Sun, 30 Jul 2023 | ₹545.9b | ₹474.1b | ₹54.7b | 9.4x | 10x | 1.2x |
| Tue, 27 Jun 2023 | ₹509.0b | ₹472.7b | ₹53.9b | 9.1x | 9.4x | 1.1x |
| Thu, 25 May 2023 | ₹500.8b | ₹465.2b | ₹51.6b | 9.1x | 9.7x | 1.1x |
| Sat, 22 Apr 2023 | ₹469.2b | ₹455.4b | ₹45.9b | 8.8x | 10.2x | 1x |
| Mon, 20 Mar 2023 | ₹449.2b | ₹454.5b | ₹45.8b | 8.1x | 9.8x | 1x |
| Wed, 15 Feb 2023 | ₹464.7b | ₹455.6b | ₹46.0b | 11.1x | 10.1x | 1x |
| Fri, 13 Jan 2023 | ₹493.3b | ₹431.1b | ₹37.7b | 11.8x | 13.1x | 1.1x |
| Sun, 11 Dec 2022 | ₹520.2b | ₹431.1b | ₹37.7b | 13.3x | 13.8x | 1.2x |
| Tue, 08 Nov 2022 | ₹547.5b | ₹416.1b | ₹34.7b | 16.2x | 15.8x | 1.3x |
| Thu, 06 Oct 2022 | ₹531.3b | ₹399.2b | ₹29.7b | 14.5x | 17.9x | 1.3x |
| Sat, 03 Sep 2022 | ₹572.8b | ₹397.5b | ₹29.7b | 15.2x | 19.3x | 1.4x |
| Mon, 01 Aug 2022 | ₹504.8b | ₹372.5b | ₹26.2b | 14x | 19.2x | 1.4x |
| Wed, 29 Jun 2022 | ₹457.1b | ₹351.2b | ₹23.1b | 12.3x | 19.8x | 1.3x |
| Fri, 27 May 2022 | ₹458.3b | ₹347.1b | ₹22.9b | 11.1x | 20x | 1.3x |
| Sun, 24 Apr 2022 | ₹551.2b | ₹330.1b | ₹21.2b | 12.3x | 26x | 1.7x |
| Tue, 22 Mar 2022 | ₹523.0b | ₹330.1b | ₹21.2b | 10.5x | 24.7x | 1.6x |
| Thu, 17 Feb 2022 | ₹461.1b | ₹329.1b | ₹21.1b | 10.6x | 21.9x | 1.4x |
| Sat, 15 Jan 2022 | ₹494.8b | ₹300.8b | ₹17.3b | 12.1x | 28.5x | 1.6x |
| Mon, 13 Dec 2021 | ₹462.0b | ₹300.5b | ₹17.3b | 11.2x | 26.7x | 1.5x |
| Wed, 10 Nov 2021 | ₹479.9b | ₹283.4b | ₹15.3b | 15x | 31.4x | 1.7x |
| Fri, 08 Oct 2021 | ₹439.1b | ₹265.6b | ₹12.6b | 15.8x | 34.8x | 1.7x |
| Sun, 05 Sep 2021 | ₹392.7b | ₹265.7b | ₹12.0b | 14.2x | 32.8x | 1.5x |
| Tue, 03 Aug 2021 | ₹416.2b | ₹265.7b | ₹12.0b | 16x | 34.7x | 1.6x |
| Fri, 07 May 2021 | ₹302.4b | ₹236.7b | ₹6.2b | 14x | 48.5x | 1.3x |
Price to Earnings Ratio
48.5x
Current Industry PE
- Investors are pessimistic on the Indian Forestry industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.7x which is lower than its 3-year average PE of 21.2x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have grown 99% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | -2.46% | |
| Materials | -2.11% | |
| Paper and Forestry Products | -2.33% | |
| Forestry Products | -1.78% | |
| Paper Products | -2.61% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry which is trading above its 3-year average PE ratio of 32.9x.
- Analysts are expecting annual earnings growth of 29.9%, which is higher than its past year's earnings decline of 26.7% per year.
- Investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 15.2x.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings growth rate of 7.4% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 30% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500040 Century Textiles and Industries | ₹1.85k | 2.6% +₹5.3b | 177.2% | PE107.2x | |
| RAMANEWS Shree Rama Newsprint | ₹22.10 | 16.9% +₹472.1m | 81.1% | PS6.9x | |
| 539201 Satia Industries | ₹120.85 | 2.8% +₹325.0m | 2.5% | PE5.5x | |
| 523732 Ecoboard Industries | ₹32.77 | 7.1% +₹38.5m | 50.3% | PS2.4x | |
| 502587 Nath Industries | ₹72.04 | 1.0% +₹12.9m | 35.8% | n/a |
