| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
ASALCBR Stock Overview
Associated Alcohols & Breweries Limited engages in liquor manufacturing and bottling in India.
Rewards
Risk Analysis
No risks detected for ASALCBR from our risk checks.
Associated Alcohols & Breweries Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹444.05 |
| 52 Week High | ₹653.65 |
| 52 Week Low | ₹380.00 |
| Beta | 0.36 |
| 1 Month Change | 2.68% |
| 3 Month Change | -6.09% |
| 1 Year Change | -8.18% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 65.47% |
Recent News & Updates
Capital Investments At Associated Alcohols & Breweries (NSE:ASALCBR) Point To A Promising Future
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
| ASALCBR | IN Beverage | IN Market | |
|---|---|---|---|
| 7D | 5.6% | 1.6% | 3.0% |
| 1Y | -8.2% | 21.3% | 0.3% |
Return vs Industry: ASALCBR underperformed the Indian Beverage industry which returned 22.6% over the past year.
Return vs Market: ASALCBR underperformed the Indian Market which returned 0.6% over the past year.
Price Volatility
| ASALCBR volatility | |
|---|---|
| ASALCBR Average Weekly Movement | 5.7% |
| Beverage Industry Average Movement | 5.9% |
| Market Average Movement | 7.0% |
| 10% most volatile stocks in IN Market | 9.9% |
| 10% least volatile stocks in IN Market | 4.5% |
Stable Share Price: ASALCBR is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ASALCBR's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 447 | Tushar Bhandari | https://www.associatedalcohols.com |
Associated Alcohols & Breweries Limited engages in liquor manufacturing and bottling in India. The company offers extra neutral alcohol; and Indian made foreign liquor in the whisky, brandy, rum, gin, and vodka categories. Its brands include Central Province Whisky, Titanium Triple Distilled Vodka, Bombay Special Whisky, Desi Madira Masala, Superman Fine Whisky, James Mc Gill Whisky, and Jamaican Magic Rum, as well as various franchise and licensed brands.
Associated Alcohols & Breweries Fundamentals Summary
| ASALCBR fundamental statistics | |
|---|---|
| Market Cap | ₹8.00b |
| Earnings (TTM) | ₹608.06m |
| Revenue (TTM) | ₹5.13b |
13.2x
P/E Ratio1.6x
P/S RatioIs ASALCBR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASALCBR income statement (TTM) | |
|---|---|
| Revenue | ₹5.13b |
| Cost of Revenue | ₹2.98b |
| Gross Profit | ₹2.14b |
| Other Expenses | ₹1.54b |
| Earnings | ₹608.06m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 33.63 |
| Gross Margin | 41.83% |
| Net Profit Margin | 11.86% |
| Debt/Equity Ratio | 1.4% |
How did ASALCBR perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield3%
Payout RatioValuation
Is ASALCBR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ASALCBR?
Other financial metrics that can be useful for relative valuation.
| What is ASALCBR's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹8.00b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.4x |
| Enterprise Value/EBITDA | 8.8x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does ASALCBR's PE Ratio compare to its peers?
| ASALCBR PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 14.7x | ||
GMBREW G.M. Breweries | 11.7x | n/a | ₹10.9b |
507205 Tilaknagar Industries | 24x | n/a | ₹10.9b |
IFBAGRO IFB Agro Industries | 8.7x | n/a | ₹5.1b |
GLOBUSSPR Globus Spirits | 14.3x | n/a | ₹26.8b |
ASALCBR Associated Alcohols & Breweries | 13.2x | n/a | ₹8.0b |
Price-To-Earnings vs Peers: ASALCBR is good value based on its Price-To-Earnings Ratio (13.2x) compared to the peer average (14.7x).
Price to Earnings Ratio vs Industry
How does ASALCBR's PE Ratio compare vs other companies in the Asian Beverage Industry?
Price-To-Earnings vs Industry: ASALCBR is good value based on its Price-To-Earnings Ratio (13.2x) compared to the Indian Beverage industry average (19.2x)
Price to Earnings Ratio vs Fair Ratio
What is ASALCBR'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 13.2x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ASALCBR's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ASALCBR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ASALCBR (₹444.05) is trading below our estimate of fair value (₹759.31)
Significantly Below Fair Value: ASALCBR is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASALCBR's PEG Ratio to determine if it is good value.
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Future Growth
How is Associated Alcohols & Breweries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
16.2%
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 Associated Alcohols & Breweries 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.
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- Examine whether Associated Alcohols & Breweries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Associated Alcohols & Breweries competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Associated Alcohols & Breweries performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
24.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASALCBR has high quality earnings.
Growing Profit Margin: ASALCBR's current net profit margins (11.9%) are lower than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: ASALCBR's earnings have grown significantly by 24.8% per year over the past 5 years.
Accelerating Growth: ASALCBR's earnings growth over the past year (4.9%) is below its 5-year average (24.8% per year).
Earnings vs Industry: ASALCBR earnings growth over the past year (4.9%) underperformed the Beverage industry 29.6%.
Return on Equity
High ROE: ASALCBR's Return on Equity (19.4%) is considered low.
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Financial Health
How is Associated Alcohols & Breweries's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ASALCBR's short term assets (₹1.9B) exceed its short term liabilities (₹794.1M).
Long Term Liabilities: ASALCBR's short term assets (₹1.9B) exceed its long term liabilities (₹79.7M).
Debt to Equity History and Analysis
Debt Level: ASALCBR has more cash than its total debt.
Reducing Debt: ASALCBR's debt to equity ratio has reduced from 32.6% to 1.4% over the past 5 years.
Debt Coverage: ASALCBR's debt is well covered by operating cash flow (1747.3%).
Interest Coverage: ASALCBR's interest payments on its debt are well covered by EBIT (72.9x coverage).
Balance Sheet
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Dividend
What is Associated Alcohols & Breweries's current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASALCBR's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: ASALCBR's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.85%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ASALCBR has been paying a dividend for less than 10 years.
Growing Dividend: ASALCBR's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3%), ASALCBR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.6%), ASALCBR's dividend payments are thoroughly covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Tushar Bhandari (40 yo)
1.17yrs
Tenure
₹3,964,000
Compensation
Mr. Tushar Bhandari serves as Whole Time Director at Associated Alcohols & Breweries Limited since January 05, 2017. He served as the Acting Chief Financial Officer at Associated Alcohols & Breweries Limit...
CEO Compensation Analysis
Compensation vs Market: Tushar's total compensation ($USD50.17K) is above average for companies of similar size in the Indian market ($USD38.25K).
Compensation vs Earnings: Tushar's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ASALCBR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: ASALCBR's board of directors are not considered experienced ( 2.1 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Associated Alcohols & Breweries Limited's employee growth, exchange listings and data sources
Key Information
- Name: Associated Alcohols & Breweries Limited
- Ticker: ASALCBR
- Exchange: NSEI
- Founded: 1989
- Industry: Distillers and Vintners
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: ₹8.001b
- Shares outstanding: 18.08m
- Website: https://www.associatedalcohols.com
Number of Employees
Location
- Associated Alcohols & Breweries Limited
- BPK Star Tower
- 4th Floor
- Indore
- Madhya Pradesh
- 452008
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/29 00:00 |
| End of Day Share Price | 2022/06/29 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.