Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 4/6 |
Past Performance | 1/6 |
Financial Health | 6/6 |
Dividends | 5/6 |
HERITGFOOD Stock Overview
Heritage Foods Limited procures and processes milk and milk products in India.
Rewards
Price-To-Earnings ratio (18.9x) is below the Indian market (21.5x)
Risk Analysis
No risks detected for HERITGFOOD from our risk checks.
Heritage Foods Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | ₹299.95 |
52 Week High | ₹565.00 |
52 Week Low | ₹250.00 |
Beta | 1.02 |
1 Month Change | 4.88% |
3 Month Change | 4.24% |
1 Year Change | -38.13% |
3 Year Change | -12.72% |
5 Year Change | -52.28% |
Change since IPO | 14,015.29% |
Recent News & Updates
Heritage Foods' (NSE:HERITGFOOD) Dividend Is Being Reduced To ₹2.50
Heritage Foods Limited ( NSE:HERITGFOOD ) has announced that on 4th of August, it will be paying a dividend of₹2.50...
Shareholder Returns
HERITGFOOD | IN Food | IN Market | |
---|---|---|---|
7D | 7.5% | -1.3% | 1.0% |
1Y | -38.1% | 1.5% | 8.0% |
Return vs Industry: HERITGFOOD underperformed the Indian Food industry which returned 1.5% over the past year.
Return vs Market: HERITGFOOD underperformed the Indian Market which returned 8% over the past year.
Price Volatility
HERITGFOOD volatility | |
---|---|
HERITGFOOD Average Weekly Movement | 4.0% |
Food Industry Average Movement | 7.0% |
Market Average Movement | 6.6% |
10% most volatile stocks in IN Market | 9.2% |
10% least volatile stocks in IN Market | 4.3% |
Stable Share Price: HERITGFOOD is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HERITGFOOD's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1992 | 3,009 | Srideep Kesavan | https://www.heritagefoods.in |
Heritage Foods Limited procures and processes milk and milk products in India. The company operates through Dairy, Renewable Energy, and Feed segment. The Dairy segment produces and markets dairy products, including fresh milk, curd, butter milk, lassi, ice cream, paneer, cooking butter, table butter, flavored milk, UHT milk, sweets, ghee, cheese, cold coffee, cream, skimmed milk powder, frozen desserts, and milk shake.
Heritage Foods Fundamentals Summary
HERITGFOOD fundamental statistics | |
---|---|
Market Cap | ₹13.92b |
Earnings (TTM) | ₹735.42m |
Revenue (TTM) | ₹28.54b |
18.9x
P/E Ratio0.5x
P/S RatioIs HERITGFOOD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
HERITGFOOD income statement (TTM) | |
---|---|
Revenue | ₹28.54b |
Cost of Revenue | ₹22.71b |
Gross Profit | ₹5.83b |
Other Expenses | ₹5.10b |
Earnings | ₹735.42m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 15.85 |
Gross Margin | 20.43% |
Net Profit Margin | 2.58% |
Debt/Equity Ratio | 2.9% |
How did HERITGFOOD perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield32%
Payout RatioValuation
Is HERITGFOOD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HERITGFOOD?
Other financial metrics that can be useful for relative valuation.
What is HERITGFOOD's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | ₹13.92b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.5x |
Enterprise Value/EBITDA | 8.4x |
PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does HERITGFOOD's PE Ratio compare to its peers?
HERITGFOOD PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 41.9x | ||
519156 Vadilal Industries | 38.2x | n/a | ₹17.1b |
500119 Dhampur Sugar Mills | 9.9x | 39.4% | ₹15.1b |
540692 Apex Frozen Foods | 19.4x | n/a | ₹10.9b |
500215 Agro Tech Foods | 100.2x | n/a | ₹18.6b |
HERITGFOOD Heritage Foods | 18.9x | 28.6% | ₹13.9b |
Price-To-Earnings vs Peers: HERITGFOOD is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (41.9x).
Price to Earnings Ratio vs Industry
How does HERITGFOOD's PE Ratio compare vs other companies in the IN Food Industry?
Price-To-Earnings vs Industry: HERITGFOOD is good value based on its Price-To-Earnings Ratio (18.9x) compared to the Indian Food industry average (23.3x)
Price to Earnings Ratio vs Fair Ratio
What is HERITGFOOD'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 | 18.9x |
Fair PE Ratio | 25.3x |
Price-To-Earnings vs Fair Ratio: HERITGFOOD is good value based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (25.3x).
Share Price vs Fair Value
What is the Fair Price of HERITGFOOD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HERITGFOOD (₹299.95) is trading above our estimate of fair value (₹128.75)
Significantly Below Fair Value: HERITGFOOD is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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Future Growth
How is Heritage Foods forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
28.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HERITGFOOD's forecast earnings growth (28.6% per year) is above the savings rate (6.8%).
Earnings vs Market: HERITGFOOD's earnings (28.6% per year) are forecast to grow faster than the Indian market (18.7% per year).
High Growth Earnings: HERITGFOOD's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HERITGFOOD's revenue (12.2% per year) is forecast to grow faster than the Indian market (10.8% per year).
High Growth Revenue: HERITGFOOD's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HERITGFOOD's Return on Equity is forecast to be low in 3 years time (18.1%).
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Past Performance
How has Heritage Foods performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-2.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HERITGFOOD has high quality earnings.
Growing Profit Margin: HERITGFOOD's current net profit margins (2.6%) are lower than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: HERITGFOOD's earnings have declined by 2.2% per year over the past 5 years.
Accelerating Growth: HERITGFOOD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HERITGFOOD had negative earnings growth (-12.9%) over the past year, making it difficult to compare to the Food industry average (13.7%).
Return on Equity
High ROE: HERITGFOOD's Return on Equity (11.2%) is considered low.
Discover strong past performing companies
Financial Health
How is Heritage Foods'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: HERITGFOOD's short term assets (₹2.9B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: HERITGFOOD's short term assets (₹2.9B) exceed its long term liabilities (₹624.5M).
Debt to Equity History and Analysis
Debt Level: HERITGFOOD has more cash than its total debt.
Reducing Debt: HERITGFOOD's debt to equity ratio has reduced from 51% to 2.9% over the past 5 years.
Debt Coverage: HERITGFOOD's debt is well covered by operating cash flow (768.3%).
Interest Coverage: HERITGFOOD's interest payments on its debt are well covered by EBIT (54.5x coverage).
Balance Sheet
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Dividend
What is Heritage Foods's current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
1.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HERITGFOOD's dividend (1.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: HERITGFOOD's dividend (1.67%) is low compared to the top 25% of dividend payers in the Indian market (1.71%).
Stability and Growth of Payments
Stable Dividend: HERITGFOOD's dividends per share have been stable in the past 10 years.
Growing Dividend: HERITGFOOD's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), HERITGFOOD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.9%), HERITGFOOD's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Srideep Kesavan
1.08yrs
Tenure
₹10,190,000
Compensation
Mr. Srideep Nair Kesavan is Chief Executive Officer of Heritage Foods Limited from July 2021. Prior to joining Heritage Foods, Kesavan held leadership positions at Coca-Cola for 14 years & Olam Internation...
Leadership Team
Experienced Management: HERITGFOOD's management team is considered experienced (4.5 years average tenure).
Board Members
Experienced Board: HERITGFOOD's board of directors are considered experienced (8.8 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
Heritage Foods Limited's employee growth, exchange listings and data sources
Key Information
- Name: Heritage Foods Limited
- Ticker: HERITGFOOD
- Exchange: NSEI
- Founded: 1992
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: ₹13.917b
- Shares outstanding: 46.40m
- Website: https://www.heritagefoods.in
Number of Employees
Location
- Heritage Foods Limited
- #6-3-541/C, Panjagutta
- Hyderabad
- 500082
- India
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/08/09 00:00 |
End of Day Share Price | 2022/08/08 00:00 |
Earnings | 2022/06/30 |
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.