BSE:540692

Stock Analysis Report

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Executive Summary

Apex Frozen Foods Limited produces and exports aquaculture products. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Apex Frozen Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540692 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.5%

540692

-1.8%

IN Food

-0.4%

IN Market


1 Year Return

14.6%

540692

11.8%

IN Food

2.3%

IN Market

Return vs Industry: 540692 exceeded the Indian Food industry which returned 11.8% over the past year.

Return vs Market: 540692 exceeded the Indian Market which returned 2.3% over the past year.


Shareholder returns

540692IndustryMarket
7 Day0.5%-1.8%-0.4%
30 Day7.5%-0.6%3.3%
90 Day14.0%-0.8%6.7%
1 Year15.8%14.6%13.3%11.8%4.0%2.3%
3 Year-36.0%-37.6%39.0%34.7%0.6%-4.1%
5 Yearn/a128.4%117.3%42.3%31.8%

Price Volatility Vs. Market

How volatile is Apex Frozen Foods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Apex Frozen Foods undervalued compared to its fair value and its price relative to the market?

13.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 540692 (₹267.35) is trading above our estimate of fair value (₹26.34)

Significantly Below Fair Value: 540692 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 540692 is poor value based on its PE Ratio (13.7x) compared to the IN Food industry average (13.4x).

PE vs Market: 540692 is good value based on its PE Ratio (13.7x) compared to the Indian market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540692's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540692 is overvalued based on its PB Ratio (2.1x) compared to the IN Food industry average (1.1x).


Next Steps

Future Growth

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

13.5%

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 Apex Frozen 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.


Next Steps

Past Performance

How has Apex Frozen Foods performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540692 has high quality earnings.

Growing Profit Margin: 540692's current net profit margins (7.4%) are higher than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: 540692's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: 540692's earnings growth over the past year (26.9%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: 540692 earnings growth over the past year (26.9%) exceeded the Food industry 19.2%.


Return on Equity

High ROE: 540692's Return on Equity (15.4%) is considered low.


Next Steps

Financial Health

How is Apex Frozen Foods's financial position?


Financial Position Analysis

Short Term Liabilities: 540692's short term assets (₹3.4B) exceed its short term liabilities (₹2.1B).

Long Term Liabilities: 540692's short term assets (₹3.4B) exceed its long term liabilities (₹243.5M).


Debt to Equity History and Analysis

Debt Level: 540692's debt to equity ratio (37.3%) is considered satisfactory.

Reducing Debt: 540692's debt to equity ratio has reduced from 144.9% to 37.3% over the past 5 years.

Debt Coverage: 540692's debt is well covered by operating cash flow (39.4%).

Interest Coverage: 540692's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


Next Steps

Dividend

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

0.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 540692's dividend (0.75%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: 540692's dividend (0.75%) is low compared to the top 25% of dividend payers in the Indian market (2.3%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 540692 has been paying a dividend for less than 10 years.

Growing Dividend: 540692 has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.3%), 540692's dividend payments are thoroughly 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?

4.0yrs

Average management tenure


CEO

Karuturi Murthy (65 yo)

3.83yrs

Tenure

₹16,800,000

Compensation

Mr. Karuturi Satyanarayana Murthy has been Managing Director of Apex Frozen Foods Limited since December 1, 2016. Mr. Murthy is responsible for making strategic decisions and decisions relating to business ...


CEO Compensation Analysis

Compensation vs Market: Karuturi's total compensation ($USD228.06K) is above average for companies of similar size in the Indian market ($USD55.70K).

Compensation vs Earnings: Karuturi's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Karuturi Murthy
Chairman & MD3.83yrs₹16.80m28.54%
₹ 2.4b
Ch. Kumar
Chief Financial Officer3.75yrs₹800.00k0.00077%
₹ 65.1k
S. Sarojini
Company Secretary & Compliance Officer4.17yrs₹420.00kno data
Karuturi Chowdary
Whole Time Director8.58yrs₹16.80m30.86%
₹ 2.6b
Karuturi Devi
Whole Time Director6.83yrs₹12.50m0.077%
₹ 6.5m
H. Rajashekhar
Operations Managerno datano datano data
P. Prasad
Manager of Accounts8.5yrsno datano data

4.0yrs

Average Tenure

41yo

Average Age

Experienced Management: 540692's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Karuturi Murthy
Chairman & MD3.83yrs₹16.80m28.54%
₹ 2.4b
Karuturi Chowdary
Whole Time Director8.58yrs₹16.80m30.86%
₹ 2.6b
Karuturi Devi
Whole Time Director6.83yrs₹12.50m0.077%
₹ 6.5m
Datla Venkata Raju
Non Executive Independent Director3.75yrs₹250.00kno data
Mantena Raju
Non Executive Independent Director3.75yrs₹190.00kno data
Deepthi Talluri
Independent Director0.58yrno datano data

3.8yrs

Average Tenure

53yo

Average Age

Experienced Board: 540692's board of directors are considered experienced (3.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Apex Frozen Foods Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Apex Frozen Foods Limited
  • Ticker: 540692
  • Exchange: BSE
  • Founded: 1995
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹8.448b
  • Shares outstanding: 31.25m
  • Website: https://www.apexfrozenfoods.in

Number of Employees


Location

  • Apex Frozen Foods Limited
  • 3-160, Panasapadu
  • East Godavari District
  • Kakinada
  • Andhra Pradesh
  • 533005
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540692BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2017
APEXNSEI (National Stock Exchange of India)YesEquity SharesININRAug 2017

Biography

Apex Frozen Foods Limited produces and exports aquaculture products. It provides ready-to-cook white leg and black tiger shrimps. The company offers its products to food companies, retail chains, restauran ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:55
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.