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5406

Apex Frozen FoodsBSE:540692 Stock Report

Last Price

₹322.25

Market Cap

₹10.1b

7D

-4.6%

1Y

11.3%

Updated

20 Jan, 2022

Data

Company Financials
540692 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends2/6

540692 Stock Overview

Apex Frozen Foods Limited engages in the farming, processing, production, and sale of shrimps.

Apex Frozen Foods Competitors

Avanti Feeds

BSE:512573

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Waterbase

BSE:523660

₹4.5b

Zeal Aqua

BSE:539963

₹1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Apex Frozen Foods
Historical stock prices
Current Share Price₹322.25
52 Week High₹435.20
52 Week Low₹200.00
Beta0.93
1 Month Change16.72%
3 Month Change15.30%
1 Year Change11.26%
3 Year Change-0.047%
5 Year Changen/a
Change since IPO53.56%

Recent News & Updates

Shareholder Returns

540692IN FoodIN Market
7D-4.6%-1.8%-1.1%
1Y11.3%19.2%32.6%

Return vs Industry: 540692 underperformed the Indian Food industry which returned 19.2% over the past year.

Return vs Market: 540692 underperformed the Indian Market which returned 32.6% over the past year.

Price Volatility

Is 540692's price volatile compared to industry and market?
540692 volatility
540692 Average Weekly Movement9.2%
Food Industry Average Movement6.9%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 540692 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 540692's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19953,282Karuturi Murthyhttps://www.apexfrozenfoods.in

Apex Frozen Foods Limited engages in the farming, processing, production, and sale of shrimps. The company provides ready-to-cook white leg and black tiger shrimps, which include headless and shell-on, easy-peel, peeled, and cooked peeled shrimps, as well as shrimp rings and cocktail sauces, and seasoning shrimps. It offers ready-to-cook products under Bay Fresh, Bay Harvest, and Bay Premium brand names to food companies, retail chains, restaurants, club stores, and distributors.

Apex Frozen Foods Fundamentals Summary

How do Apex Frozen Foods's earnings and revenue compare to its market cap?
540692 fundamental statistics
Market Cap₹10.07b
Earnings (TTM)₹359.38m
Revenue (TTM)₹8.28b

28.0x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
540692 income statement (TTM)
Revenue₹8.28b
Cost of Revenue₹5.56b
Gross Profit₹2.72b
Expenses₹2.36b
Earnings₹359.38m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)11.50
Gross Margin32.90%
Net Profit Margin4.34%
Debt/Equity Ratio40.1%

How did 540692 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

17%

Payout Ratio

Valuation

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

28.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 540692 (₹322.25) is trading above our estimate of fair value (₹40.13)

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 (28x) compared to the Indian Food industry average (19.8x).

PE vs Market: 540692 is poor value based on its PE Ratio (28x) compared to the Indian market (23.3x).


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's PB Ratio (2.2x) is in line with the IN Food industry average.


Future Growth

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

19.8%

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.


Past Performance

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

-8.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540692 has high quality earnings.

Growing Profit Margin: 540692's current net profit margins (4.3%) are lower than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: 540692's earnings have declined by 8.3% per year over the past 5 years.

Accelerating Growth: 540692's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 540692 had negative earnings growth (-43.9%) over the past year, making it difficult to compare to the Food industry average (15.7%).


Return on Equity

High ROE: 540692's Return on Equity (7.9%) is considered low.


Financial Health

How is Apex Frozen Foods's financial position?


Financial Position Analysis

Short Term Liabilities: 540692's short term assets (₹4.4B) exceed its short term liabilities (₹2.3B).

Long Term Liabilities: 540692's short term assets (₹4.4B) exceed its long term liabilities (₹277.6M).


Debt to Equity History and Analysis

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

Reducing Debt: 540692's debt to equity ratio has reduced from 103.5% to 40.1% over the past 5 years.

Debt Coverage: 540692's debt is not well covered by operating cash flow (0.2%).

Interest Coverage: 540692's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

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

0.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 540692's dividend (0.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: 540692's dividend (0.62%) is low compared to the top 25% of dividend payers in the Indian market (1.33%).


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 4 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.4%), 540692'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?

5.3yrs

Average management tenure


CEO

Karuturi Murthy (66 yo)

5.08yrs

Tenure

₹12,600,000

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 ($USD169.42K) is above average for companies of similar size in the Indian market ($USD38.28K).

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


Leadership Team

Experienced Management: 540692's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: 540692's board of directors are considered experienced (5 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

Apex Frozen Foods Limited's 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
  • Implied Market Cap: ₹10.070b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 16:13
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.