Heritage Foods
Market Cap
₹15.3b
Last Updated
2021/04/12 12:10 UTC
Data Sources
Company Financials +
Executive Summary
Heritage Foods Limited procures and processes milk and milk products in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Heritage Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HERITGFOOD is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HERITGFOOD's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
5.3%
HERITGFOOD
4.0%
IN Food
1.0%
IN Market
1 Year Return
16.2%
HERITGFOOD
37.9%
IN Food
72.2%
IN Market
Return vs Industry: HERITGFOOD underperformed the Indian Food industry which returned 37.9% over the past year.
Return vs Market: HERITGFOOD underperformed the Indian Market which returned 72.2% over the past year.
Shareholder returns
| HERITGFOOD | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.3% | 4.0% | 1.0% |
| 30 Day | -5.9% | 5.3% | 0.3% |
| 90 Day | 1.1% | 1.4% | 6.3% |
| 1 Year | 17.0%16.2% | 40.3%37.9% | 74.9%72.2% |
| 3 Year | -55.4%-56.1% | 47.6%42.3% | 28.0%21.6% |
| 5 Year | 27.4%24.3% | 178.4%163.6% | 87.4%73.0% |
Long-Term Price Volatility Vs. Market
How volatile is Heritage Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why Heritage Foods Limited (NSE:HERITGFOOD) Could Be Worth Watching1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Heritage Foods Limited (NSE:HERITGFOOD)Valuation
Is Heritage Foods undervalued compared to its fair value and its price relative to the market?
25.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HERITGFOOD (₹330.4) is trading below our estimate of fair value (₹426.87)
Significantly Below Fair Value: HERITGFOOD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HERITGFOOD is unprofitable, so we can't compare its PE Ratio to the IN Food industry average.
PE vs Market: HERITGFOOD is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HERITGFOOD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HERITGFOOD is overvalued based on its PB Ratio (2.8x) compared to the IN Food industry average (1.3x).
Future Growth
How is Heritage Foods forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
20.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HERITGFOOD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7%).
Earnings vs Market: HERITGFOOD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HERITGFOOD's is expected to become profitable in the next 3 years.
Revenue vs Market: HERITGFOOD's revenue (10.9% per year) is forecast to grow slower than the Indian market (14.1% per year).
High Growth Revenue: HERITGFOOD's revenue (10.9% 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 high in 3 years time (20.2%)
Past Performance
How has Heritage Foods performed over the past 5 years?
-38.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HERITGFOOD is currently unprofitable.
Growing Profit Margin: HERITGFOOD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HERITGFOOD is unprofitable, and losses have increased over the past 5 years at a rate of 38.7% per year.
Accelerating Growth: Unable to compare HERITGFOOD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HERITGFOOD is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (19.1%).
Return on Equity
High ROE: HERITGFOOD has a negative Return on Equity (-15.39%), as it is currently unprofitable.
Financial Health
How is Heritage Foods's financial position?
Financial Position Analysis
Short Term Liabilities: HERITGFOOD's short term assets (₹4.1B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: HERITGFOOD's short term assets (₹4.1B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: HERITGFOOD's debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: HERITGFOOD's debt to equity ratio has reduced from 42.2% to 27.2% over the past 5 years.
Debt Coverage: HERITGFOOD's debt is well covered by operating cash flow (89.7%).
Interest Coverage: HERITGFOOD is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Heritage Foods's current dividend yield, its reliability and sustainability?
0.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HERITGFOOD's dividend (0.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: HERITGFOOD's dividend (0.76%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).
Stability and Growth of Payments
Stable Dividend: HERITGFOOD's dividend payments have been volatile in the past 10 years.
Growing Dividend: HERITGFOOD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: HERITGFOOD is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: HERITGFOOD's dividends in 3 years are forecast to be well covered by earnings (15.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.3yrs
Average management tenure
CEO
Nara Bhuvaneswari (58 yo)
15.75yrs
Tenure
₹39,934,000
Compensation
Mrs. Nara Bhuvaneswari, BA is a Promoter of Heritage Foods Ltd. and has been its Managing Director and Vice Chairman since July 15, 2005. Mrs. Bhuvaneswari provides guidance and monitors the overall workfl...
CEO Compensation Analysis
Compensation vs Market: Nara's total compensation ($USD534.25K) is above average for companies of similar size in the Indian market ($USD257.22K).
Compensation vs Earnings: Nara's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HERITGFOOD's management team is seasoned and experienced (13.3 years average tenure).
Board Members
Experienced Board: HERITGFOOD's board of directors are considered experienced (7.7 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
Heritage Foods Limited's company bio, 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
- Market Cap: ₹15.330b
- 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
Biography
Heritage Foods Limited procures and processes milk and milk products in India. The company’s Dairy division produces and markets dairy products, including fresh milk, curd, butter milk, lassi, ice cream, p...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 12:10 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.