company background image
5236

Flex Foods BSE:523672 Stock Report

Last Price

₹92.90

Market Cap

₹1.2b

7D

0.5%

1Y

-23.3%

Updated

09 Aug, 2022

Data

Company Financials
523672 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends2/6

523672 Stock Overview

Flex Foods Limited cultivates and processes food products in India.

Flex Foods Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Flex Foods
Historical stock prices
Current Share Price₹92.90
52 Week High₹136.85
52 Week Low₹80.00
Beta0.68
1 Month Change5.09%
3 Month Change4.03%
1 Year Change-23.29%
3 Year Change84.51%
5 Year Change-17.46%
Change since IPO672.24%

Recent News & Updates

Shareholder Returns

523672IN FoodIN Market
7D0.5%-1.3%1.0%
1Y-23.3%1.5%8.0%

Return vs Industry: 523672 underperformed the Indian Food industry which returned 1.5% over the past year.

Return vs Market: 523672 underperformed the Indian Market which returned 8% over the past year.

Price Volatility

Is 523672's price volatile compared to industry and market?
523672 volatility
523672 Average Weekly Movement3.7%
Food Industry Average Movement7.0%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.3%

Stable Share Price: 523672 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 523672's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990439n/ahttps://www.flexfoodsltd.com

Flex Foods Limited cultivates and processes food products in India. The company offers freeze dried, air-dried, frozen, and individually quick frozen product range of mushrooms, herbs, spices, fruits, and vegetables, as well as canned products. Its products include culinary herbs, such as oregano, dill, mint, basil, sage, thyme, savory, parsley, chervil, marjoram, curry leaves, fennel, lemon grass, cilantro, thai basil, rosemary, and chives; fruits/vegetables, including apple, strawberry, sweet corn, green peas, papaya, pineapple, chikoo, mushroom, banana, lemon grass, green pepper corn, leek, broccoli, mango, French beans, cabbage, bell pepper, carrots, spinach, pumpkin, cauliflower, ginger, garlic, potato, spring onion, and red and white onion; and canned products consisting of mushrooms, baby corn, and sweet corn.

Flex Foods Fundamentals Summary

How do Flex Foods's earnings and revenue compare to its market cap?
523672 fundamental statistics
Market Cap₹1.16b
Earnings (TTM)₹91.16m
Revenue (TTM)₹1.10b

12.7x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
523672 income statement (TTM)
Revenue₹1.10b
Cost of Revenue₹562.26m
Gross Profit₹541.92m
Other Expenses₹450.76m
Earnings₹91.16m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 09, 2022

Earnings per share (EPS)7.32
Gross Margin49.08%
Net Profit Margin8.25%
Debt/Equity Ratio130.6%

How did 523672 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

14%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 523672 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 523672?

Other financial metrics that can be useful for relative valuation.

523672 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA13.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 523672's PE Ratio compare to its peers?

523672 PE Ratio vs Peers
The above table shows the PE ratio for 523672 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.5x
540647 Ganges Securities
13.6xn/a₹1.1b
GROBTEA Grob Tea
22.9xn/a₹951.9m
539963 Zeal Aqua
16.7xn/a₹961.9m
519471 Ambar Protein Industries
20.8xn/a₹927.5m
523672 Flex Foods
12.7xn/a₹1.2b

Price-To-Earnings vs Peers: 523672 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (18.5x).


Price to Earnings Ratio vs Industry

How does 523672's PE Ratio compare vs other companies in the IN Food Industry?

Price-To-Earnings vs Industry: 523672 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the Indian Food industry average (23.3x)


Price to Earnings Ratio vs Fair Ratio

What is 523672's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

523672 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 523672's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 523672 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 523672 (₹92.9) is trading above our estimate of fair value (₹19.47)

Significantly Below Fair Value: 523672 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Flex Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.3%

Forecasted Food, Beverage & Tobacco 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 Flex Foods 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.


Discover growth companies

  • Flex Foods competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Flex Foods performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 523672 has a high level of non-cash earnings.

Growing Profit Margin: 523672's current net profit margins (8.3%) are lower than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: 523672's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: 523672's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 523672 had negative earnings growth (-24%) over the past year, making it difficult to compare to the Food industry average (13.7%).


Return on Equity

High ROE: 523672's Return on Equity (8%) is considered low.


Discover strong past performing companies

Financial Health

How is Flex Foods's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 523672's short term assets (₹781.9M) exceed its short term liabilities (₹716.2M).

Long Term Liabilities: 523672's short term assets (₹781.9M) do not cover its long term liabilities (₹1.1B).


Debt to Equity History and Analysis

Debt Level: 523672's net debt to equity ratio (117.6%) is considered high.

Reducing Debt: 523672's debt to equity ratio has increased from 47.9% to 130.6% over the past 5 years.

Debt Coverage: 523672's debt is not well covered by operating cash flow (1.5%).

Interest Coverage: 523672's interest payments on its debt are well covered by EBIT (14.6x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Flex Foods's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.08%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 523672's dividend (1.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 523672's dividend (1.08%) is low compared to the top 25% of dividend payers in the Indian market (1.71%).


Stability and Growth of Payments

Stable Dividend: 523672's dividend payments have been volatile in the past 10 years.

Growing Dividend: 523672's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.7%), 523672's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 523672 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average board tenure


CEO

Flex Foods has no CEO, or we have no data on them.


Board Members

Experienced Board: 523672's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Flex Foods Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Flex Foods Limited
  • Ticker: 523672
  • Exchange: BSE
  • Founded: 1990
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹1.157b
  • Shares outstanding: 12.45m
  • Website: https://www.flexfoodsltd.com

Number of Employees


Location

  • Flex Foods Limited
  • A-108, Sector - 4
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/08 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.