Parag Milk Foods Limited processes, manufactures, and sells milk and milk related products in India. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Parag Milk Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 539889 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 539889's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 539889 underperformed the Indian Food industry which returned 30.9% over the past year.
Return vs Market: 539889 underperformed the Indian Market which returned 71.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Parag Milk Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Parag Milk Foods undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 539889 (₹108.6) is trading above our estimate of fair value (₹84.6)
Significantly Below Fair Value: 539889 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 539889 is poor value based on its PE Ratio (22.5x) compared to the IN Food industry average (15.7x).
PE vs Market: 539889 is poor value based on its PE Ratio (22.5x) compared to the Indian market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: 539889 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 539889 is good value based on its PB Ratio (1x) compared to the IN Food industry average (1.2x).
How is Parag Milk Foods forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 539889's forecast earnings growth (44.6% per year) is above the savings rate (7%).
Earnings vs Market: 539889's earnings (44.6% per year) are forecast to grow faster than the Indian market (23.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 539889's revenue (14.2% per year) is forecast to grow faster than the Indian market (14% per year).
High Growth Revenue: 539889's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 539889's Return on Equity is forecast to be low in 3 years time (9%).
How has Parag Milk Foods performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539889 has high quality earnings.
Growing Profit Margin: 539889's current net profit margins (2.1%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: 539889's earnings have grown by 17.7% per year over the past 5 years.
Accelerating Growth: 539889's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 539889 had negative earnings growth (-64.7%) over the past year, making it difficult to compare to the Food industry average (17.6%).
Return on Equity
High ROE: 539889's Return on Equity (4.3%) is considered low.
How is Parag Milk Foods's financial position?
Financial Position Analysis
Short Term Liabilities: 539889's short term assets (₹12.4B) exceed its short term liabilities (₹7.6B).
Long Term Liabilities: 539889's short term assets (₹12.4B) exceed its long term liabilities (₹521.9M).
Debt to Equity History and Analysis
Debt Level: 539889's debt to equity ratio (41.7%) is considered high.
Reducing Debt: 539889's debt to equity ratio has reduced from 140.1% to 41.7% over the past 5 years.
Debt Coverage: 539889's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539889's interest payments on its debt are not well covered by EBIT (2.5x coverage).
What is Parag Milk Foods's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 539889's dividend (0.46%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: 539889's dividend (0.46%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).
Stability and Growth of Payments
Stable Dividend: 539889 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 539889 has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.4%), 539889's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 539889's dividends in 3 years are forecast to be thoroughly covered by earnings (6.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Parag Milk Foods has no CEO, or we have no data on them.
Experienced Management: 539889's management team is considered experienced (2.9 years average tenure).
Experienced Board: 539889's board of directors are considered experienced (5.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Parag Milk Foods Limited's company bio, employee growth, exchange listings and data sources
- Name: Parag Milk Foods Limited
- Ticker: 539889
- Exchange: BSE
- Founded: 1992
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ₹9.443b
- Shares outstanding: 83.94m
- Website: https://www.paragmilkfoods.com
Number of Employees
- Parag Milk Foods Limited
- Nirmal Building
- 20th Floor
Parag Milk Foods Limited processes, manufactures, and sells milk and milk related products in India. It offers ghee, milk, paneer, curd, butter, dairy whitener, and gulab jamun mix products under the Gowar...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 12:19|
|End of Day Share Price||2021/04/19 00:00|
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.