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BECT

Mrs. Bectors Food Specialities NSEI:BECTORFOOD Stock Report

Last Price

₹257.40

Market Cap

₹15.1b

7D

-3.8%

1Y

-35.7%

Updated

19 Jun, 2022

Data

Company Financials +
BECTORFOOD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends3/6

BECTORFOOD Stock Overview

Mrs. Bectors Food Specialities Limited manufactures and distributes various food products in India.

Rewards

Earnings are forecast to grow 24.05% per year

Risk Analysis

Unstable dividend track record


Mrs. Bectors Food Specialities Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Mrs. Bectors Food Specialities
Historical stock prices
Current Share Price₹257.40
52 Week High₹464.10
52 Week Low₹255.60
Beta0
1 Month Change-11.62%
3 Month Change-14.29%
1 Year Change-35.71%
3 Year Changen/a
5 Year Changen/a
Change since IPO-56.68%

Recent News & Updates

Shareholder Returns

BECTORFOODIN FoodIN Market
7D-3.8%-4.3%-6.0%
1Y-35.7%-7.4%-2.2%

Return vs Industry: BECTORFOOD underperformed the Indian Food industry which returned -7.4% over the past year.

Return vs Market: BECTORFOOD underperformed the Indian Market which returned -2.2% over the past year.

Price Volatility

Is BECTORFOOD's price volatile compared to industry and market?
BECTORFOOD volatility
BECTORFOOD Average Weekly Movement7.3%
Food Industry Average Movement7.2%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.4%

Stable Share Price: BECTORFOOD is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BECTORFOOD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19782,517Manu Talwarhttps://www.bectorfoods.com

Mrs. Bectors Food Specialities Limited manufactures and distributes various food products in India. It provides biscuits, including cookies, creams, crackers, marie, digestives, and glucose under the Mrs. Bector’s Cremica brand. The company also manufactures Oreo biscuits and Chocobakes cookies on contract basis.

Mrs. Bectors Food Specialities Fundamentals Summary

How do Mrs. Bectors Food Specialities's earnings and revenue compare to its market cap?
BECTORFOOD fundamental statistics
Market Cap₹15.13b
Earnings (TTM)₹571.43m
Revenue (TTM)₹9.88b

26.5x

P/E Ratio

1.5x

P/S Ratio

Is BECTORFOOD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BECTORFOOD income statement (TTM)
Revenue₹9.88b
Cost of Revenue₹5.51b
Gross Profit₹4.37b
Other Expenses₹3.80b
Earnings₹571.43m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.72
Gross Margin44.23%
Net Profit Margin5.78%
Debt/Equity Ratio27.4%

How did BECTORFOOD perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

26%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BECTORFOOD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 BECTORFOOD?

Other financial metrics that can be useful for relative valuation.

BECTORFOOD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA12.7x
PEG Ratio1.1x

Price to Earnings Ratio vs Peers

How does BECTORFOOD's PE Ratio compare to its peers?

BECTORFOOD PE Ratio vs Peers
The above table shows the PE ratio for BECTORFOOD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average157.9x

Price-To-Earnings vs Peers: BECTORFOOD is good value based on its Price-To-Earnings Ratio (26.5x) compared to the peer average (157.9x).

Price to Earnings Ratio vs Industry

How does BECTORFOOD's PE Ratio compare vs other companies in the Indian Food Industry?

Price-To-Earnings vs Industry: BECTORFOOD is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the Indian Food industry average (22.1x)

Price to Earnings Ratio vs Fair Ratio

What is BECTORFOOD'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.

BECTORFOOD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.5x
Fair PE Ratio23.6x

Price-To-Earnings vs Fair Ratio: BECTORFOOD is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the estimated Fair Price-To-Earnings Ratio (23.6x).

Share Price vs Fair Value

What is the Fair Price of BECTORFOOD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BECTORFOOD (₹257.4) is trading above our estimate of fair value (₹77.57)

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

Price to Earnings Growth Ratio

PEG Ratio: BECTORFOOD is poor value based on its PEG Ratio (1.1x)

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Future Growth

How is Mrs. Bectors Food Specialities forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

24.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BECTORFOOD's forecast earnings growth (24% per year) is above the savings rate (6.7%).

Earnings vs Market: BECTORFOOD's earnings (24% per year) are forecast to grow faster than the Indian market (17.3% per year).

High Growth Earnings: BECTORFOOD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BECTORFOOD's revenue (12.9% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: BECTORFOOD's revenue (12.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BECTORFOOD's Return on Equity is forecast to be low in 3 years time (14.6%).

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Past Performance

How has Mrs. Bectors Food Specialities performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

16.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BECTORFOOD has high quality earnings.

Growing Profit Margin: BECTORFOOD's current net profit margins (5.8%) are lower than last year (8.2%).

Past Earnings Growth Analysis

Earnings Trend: BECTORFOOD's earnings have grown by 16.5% per year over the past 5 years.

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

Earnings vs Industry: BECTORFOOD had negative earnings growth (-20.9%) over the past year, making it difficult to compare to the Food industry average (12.1%).

Return on Equity

High ROE: BECTORFOOD's Return on Equity (12.2%) is considered low.

Discover strong past performing companies

Financial Health

How is Mrs. Bectors Food Specialities's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BECTORFOOD's short term assets (₹2.8B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: BECTORFOOD's short term assets (₹2.8B) exceed its long term liabilities (₹1.2B).

Debt to Equity History and Analysis

Debt Level: BECTORFOOD's net debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: BECTORFOOD's debt to equity ratio has increased from 27.3% to 27.4% over the past 5 years.

Debt Coverage: BECTORFOOD's debt is well covered by operating cash flow (65.5%).

Interest Coverage: BECTORFOOD's interest payments on its debt are well covered by EBIT (10.8x coverage).

Balance Sheet

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Dividend

What is Mrs. Bectors Food Specialities's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

0.97%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BECTORFOOD's dividend (0.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: BECTORFOOD's dividend (0.97%) is low compared to the top 25% of dividend payers in the Indian market (1.91%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether BECTORFOOD's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BECTORFOOD's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.7%), BECTORFOOD's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61.8%), BECTORFOOD's dividend payments are covered by cash flows.

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Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure

CEO

Manu Talwar

0.083

Tenure

Mr. Manu Talwar is Chief Executive Officer of Mrs. Bectors Food Specialities Limited from May 2, 2022. He served as Chief Officer at Viom Networks Limited. Mr. Talwar served as Chief Officer of North-East...

Leadership Team

Experienced Management: BECTORFOOD's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Experienced Board: BECTORFOOD's board of directors are considered experienced (3.9 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: BECTORFOOD 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

Mrs. Bectors Food Specialities Limited's employee growth, exchange listings and data sources

Key Information

  • Name: Mrs. Bectors Food Specialities Limited
  • Ticker: BECTORFOOD
  • Exchange: NSEI
  • Founded: 1978
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹15.130b
  • Shares outstanding: 58.82m
  • Website: https://www.bectorfoods.com

Number of Employees

Location

  • Mrs. Bectors Food Specialities Limited
  • Emaar Digital Greens - Tower A
  • First Floor
  • Gurugram
  • Haryana
  • 122102
  • India

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/19 00:00
End of Day Share Price2022/06/17 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.