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ADFF

ADF FoodsNSEI:ADFFOODS Stock Report

Market Cap

₹17.3b

7D

-4.9%

1Y

110.2%

Updated

26 Oct, 2021

Data

Company Financials
ADFFOODS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

ADFFOODS Overview

ADF Foods Limited produces and sells various food products.

Price History & Performance

Summary of all time highs, changes and price drops for ADF Foods
Historical stock prices
Current Share Price₹865.55
52 Week High₹396.20
52 Week Low₹1,094.70
Beta1.07
1 Month Change-4.59%
3 Month Change-10.29%
1 Year Change110.24%
3 Year Change332.56%
5 Year Change371.82%
Change since IPO1,032.18%

Recent News & Updates

Sep 17
It's Unlikely That ADF Foods Limited's (NSE:ADFFOODS) CEO Will See A Huge Pay Rise This Year

It's Unlikely That ADF Foods Limited's (NSE:ADFFOODS) CEO Will See A Huge Pay Rise This Year

CEO Bimal Thakkar has done a decent job of delivering relatively good performance at ADF Foods Limited ( NSE:ADFFOODS...

Sep 06
ADF Foods (NSE:ADFFOODS) Could Become A Multi-Bagger

ADF Foods (NSE:ADFFOODS) Could Become A Multi-Bagger

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

Aug 04
Does ADF Foods (NSE:ADFFOODS) Deserve A Spot On Your Watchlist?

Does ADF Foods (NSE:ADFFOODS) Deserve A Spot On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

ADFFOODSIN FoodIN Market
7D-4.9%-5.8%-4.6%
1Y110.2%30.4%61.7%

Return vs Industry: ADFFOODS exceeded the Indian Food industry which returned 30.4% over the past year.

Return vs Market: ADFFOODS exceeded the Indian Market which returned 61.7% over the past year.

Price Volatility

Is ADFFOODS's price volatile compared to industry and market?
ADFFOODS volatility
ADFFOODS Beta1.07
Industry Beta0.67
Market Beta1

Stable Share Price: ADFFOODS is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ADFFOODS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1932301Bimal Thakkarhttps://www.adf-foods.com

ADF Foods Limited produces and sells various food products. It operates in two segments, Process and Preserved Food, and Agency Distribution Business. The company offers a range of products, including ready-to-eat food, ready-to-cook food, frozen food, frozen vegetables, pickles, chutneys, sauces, cooking pastes, spices, etc. It also distributes tea and coffee products; baked snacks and flavored milk drinks; and frozen snacks and bread.

ADF Foods Fundamentals Summary

How do ADF Foods's earnings and revenue compare to its market cap?
ADFFOODS fundamental statistics
Market Cap₹17.35b
Earnings (TTM)₹525.58m
Revenue (TTM)₹3.82b

33.0x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADFFOODS income statement (TTM)
Revenue₹3.82b
Cost of Revenue₹2.19b
Gross Profit₹1.63b
Expenses₹1.10b
Earnings₹525.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 29, 2021

Earnings per share (EPS)26.25
Gross Margin42.64%
Net Profit Margin13.77%
Debt/Equity Ratio0.02%

How did ADFFOODS perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

11%

Payout Ratio

Valuation

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

33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ADFFOODS (₹865.55) is trading above our estimate of fair value (₹319.16)

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


Price To Earnings Ratio

PE vs Industry: ADFFOODS is poor value based on its PE Ratio (33x) compared to the Indian Food industry average (16.9x).

PE vs Market: ADFFOODS is poor value based on its PE Ratio (33x) compared to the Indian market (20.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ADFFOODS is overvalued based on its PB Ratio (6.3x) compared to the IN Food industry average (1.6x).


Future Growth

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

18.8%

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 ADF 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 ADF Foods performed over the past 5 years?

35.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADFFOODS has high quality earnings.

Growing Profit Margin: ADFFOODS's current net profit margins (13.8%) are lower than last year (15.2%).


Past Earnings Growth Analysis

Earnings Trend: ADFFOODS's earnings have grown significantly by 35% per year over the past 5 years.

Accelerating Growth: ADFFOODS's earnings growth over the past year (24.4%) is below its 5-year average (35% per year).

Earnings vs Industry: ADFFOODS earnings growth over the past year (24.4%) exceeded the Food industry 14.2%.


Return on Equity

High ROE: ADFFOODS's Return on Equity (19.2%) is considered low.


Financial Health

How is ADF Foods's financial position?


Financial Position Analysis

Short Term Liabilities: ADFFOODS's short term assets (₹2.4B) exceed its short term liabilities (₹450.9M).

Long Term Liabilities: ADFFOODS's short term assets (₹2.4B) exceed its long term liabilities (₹84.0M).


Debt to Equity History and Analysis

Debt Level: ADFFOODS's debt to equity ratio (0.02%) is considered satisfactory.

Reducing Debt: ADFFOODS's debt to equity ratio has reduced from 4.2% to 0.02% over the past 5 years.

Debt Coverage: ADFFOODS's debt is well covered by operating cash flow (61187.6%).

Interest Coverage: ADFFOODS's interest payments on its debt are well covered by EBIT (62.3x coverage).


Balance Sheet


Dividend

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

0.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ADFFOODS's dividend (0.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: ADFFOODS's dividend (0.35%) is low compared to the top 25% of dividend payers in the Indian market (1.42%).


Stability and Growth of Payments

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

Growing Dividend: ADFFOODS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.4%), ADFFOODS'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?

2.8yrs

Average management tenure


CEO

Bimal Thakkar (56 yo)

3.33yrs

Tenure

₹28,156,258

Compensation

Mr. Bimal Ramesh Thakkar, B.Com., Diploma (Export) has been an Executive Chairman of ADF Foods Limited since June 5, 2018. Mr. Thakkar has also been Managing Director of ADF Foods Limited since June 5, 201...


CEO Compensation Analysis

Compensation vs Market: Bimal's total compensation ($USD375.24K) is above average for companies of similar size in the Indian market ($USD195.11K).

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


Leadership Team

Experienced Management: ADFFOODS's management team is considered experienced (2.8 years average tenure).


Board Members

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


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: ADF Foods Limited
  • Ticker: ADFFOODS
  • Exchange: NSEI
  • Founded: 1932
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹17.346b
  • Shares outstanding: 20.02m
  • Website: https://www.adf-foods.com

Number of Employees


Location

  • ADF Foods Limited
  • Marathon Innova B2 - G01
  • Ground Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:19
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
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.