| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
500620 Stock Overview
The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore oilfield businesses in India and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹309.05 |
| 52 Week High | ₹477.00 |
| 52 Week Low | ₹229.00 |
| Beta | 0.67 |
| 1 Month Change | 5.42% |
| 3 Month Change | -2.62% |
| 1 Year Change | 21.84% |
| 3 Year Change | 2.57% |
| 5 Year Change | -21.78% |
| Change since IPO | 783.00% |
Recent News & Updates
Shareholder Returns
| 500620 | IN Oil and Gas | IN Market | |
|---|---|---|---|
| 7D | -3.4% | -4.6% | -4.9% |
| 1Y | 21.8% | 25.4% | 30.7% |
Return vs Industry: 500620 underperformed the Indian Oil and Gas industry which returned 25.4% over the past year.
Return vs Market: 500620 underperformed the Indian Market which returned 30.7% over the past year.
Price Volatility
| 500620 volatility | |
|---|---|
| 500620 Average Weekly Movement | 4.1% |
| Oil and Gas Industry Average Movement | 5.0% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in IN Market | 10.1% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: 500620 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500620's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1948 | 1,262 | Bharat Sheth | https://www.greatship.com |
The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore oilfield businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities through dry bulk carriers and tankers. As of March 31, 2021, it operated a fleet of 45 vessels comprising 32 tankers, including 9 crude carriers, 18 product tankers, and 5 LPG carriers; and 13 dry bulk carriers with an aggregating 3.64 million dwt.
Great Eastern Shipping Fundamentals Summary
| 500620 fundamental statistics | |
|---|---|
| Market Cap | ₹45.39b |
| Earnings (TTM) | ₹4.61b |
| Revenue (TTM) | ₹31.47b |
9.9x
P/E Ratio1.4x
P/S RatioIs 500620 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 500620 income statement (TTM) | |
|---|---|
| Revenue | ₹31.47b |
| Cost of Revenue | ₹17.07b |
| Gross Profit | ₹14.41b |
| Expenses | ₹9.80b |
| Earnings | ₹4.61b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 28, 2022
| Earnings per share (EPS) | 31.37 |
| Gross Margin | 45.77% |
| Net Profit Margin | 14.64% |
| Debt/Equity Ratio | 61.2% |
How did 500620 perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield29%
Payout RatioValuation
Is Great Eastern Shipping undervalued compared to its fair value and its price relative to the market?
9.85x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500620 (₹309.05) is trading above our estimate of fair value (₹287.39)
Significantly Below Fair Value: 500620 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500620 is good value based on its PE Ratio (9.9x) compared to the Indian Oil and Gas industry average (17.2x).
PE vs Market: 500620 is good value based on its PE Ratio (9.9x) compared to the Indian market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500620's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500620 is good value based on its PB Ratio (0.6x) compared to the IN Oil and Gas industry average (1.7x).
Future Growth
How is Great Eastern Shipping forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.6%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Great Eastern Shipping has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Great Eastern Shipping performed over the past 5 years?
10.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500620 has a large one-off gain of ₹1.6B impacting its September 30 2021 financial results.
Growing Profit Margin: 500620's current net profit margins (14.6%) are lower than last year (24.8%).
Past Earnings Growth Analysis
Earnings Trend: 500620's earnings have grown by 10% per year over the past 5 years.
Accelerating Growth: 500620's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500620 had negative earnings growth (-52.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (40%).
Return on Equity
High ROE: 500620's Return on Equity (5.9%) is considered low.
Financial Health
How is Great Eastern Shipping's financial position?
Financial Position Analysis
Short Term Liabilities: 500620's short term assets (₹46.8B) exceed its short term liabilities (₹10.9B).
Long Term Liabilities: 500620's short term assets (₹46.8B) do not cover its long term liabilities (₹50.2B).
Debt to Equity History and Analysis
Debt Level: 500620's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 500620's debt to equity ratio has reduced from 64.7% to 61.2% over the past 5 years.
Debt Coverage: 500620's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 500620's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Dividend
What is Great Eastern Shipping current dividend yield, its reliability and sustainability?
2.91%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500620's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.31%).
High Dividend: 500620's dividend (2.91%) is in the top 25% of dividend payers in the Indian market (1.37%)
Stability and Growth of Payments
Stable Dividend: 500620's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500620's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.7%), 500620's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
16.0yrs
Average management tenure
CEO
Bharat Sheth (63 yo)
23yrs
Tenure
₹85,115,985
Compensation
Mr. Bharat Kanaiyalal Sheth has been the Managing Director of The Great Eastern Shipping Company Limited since April 1, 1999. Mr. Sheth has expertise in specific functional areas include management and mar...
CEO Compensation Analysis
Compensation vs Market: Bharat's total compensation ($USD1.14M) is above average for companies of similar size in the Indian market ($USD338.20K).
Compensation vs Earnings: Bharat's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 500620's management team is seasoned and experienced (16 years average tenure).
Board Members
Experienced Board: 500620's board of directors are seasoned and experienced ( 11.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Great Eastern Shipping Company Limited's employee growth, exchange listings and data sources
Key Information
- Name: The Great Eastern Shipping Company Limited
- Ticker: 500620
- Exchange: BSE
- Founded: 1948
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: ₹45.392b
- Shares outstanding: 146.88m
- Website: https://www.greatship.com
Number of Employees
Location
- The Great Eastern Shipping Company Limited
- Ocean House
- 134/A, Dr. Annie Besant Road
- Mumbai
- Maharashtra
- 400018
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 12:01 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.