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MCDO

United Spirits NSEI:MCDOWELL-N Stock Report

Last Price

₹761.35

Market Cap

₹539.7b

7D

4.0%

1Y

14.6%

Updated

26 Jun, 2022

Data

Company Financials +
MCDOWELL-N fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends0/6

MCDOWELL-N Stock Overview

United Spirits Limited manufactures, purchases, and sells alcoholic beverages and other allied spirits in India and internationally.

Rewards

Earnings are forecast to grow 18.09% per year

Earnings grew by 116% over the past year

Risk Analysis

No risks detected for MCDOWELL-N from our risk checks.

United Spirits Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for United Spirits
Historical stock prices
Current Share Price₹761.35
52 Week High₹1,019.95
52 Week Low₹629.10
Beta0.38
1 Month Change-2.11%
3 Month Change-12.70%
1 Year Change14.63%
3 Year Change30.16%
5 Year Change58.72%
Change since IPO12,610.35%

Recent News & Updates

Jun 12
Does United Spirits (NSE:MCDOWELL-N) Have A Healthy Balance Sheet?

Does United Spirits (NSE:MCDOWELL-N) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

May 25
United Spirits (NSE:MCDOWELL-N) Is Aiming To Keep Up Its Impressive Returns

United Spirits (NSE:MCDOWELL-N) Is Aiming To Keep Up Its Impressive Returns

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Mar 03
United Spirits (NSE:MCDOWELL-N) Seems To Use Debt Rather Sparingly

United Spirits (NSE:MCDOWELL-N) Seems To Use Debt Rather Sparingly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

MCDOWELL-NIN BeverageIN Market
7D4.0%3.1%2.3%
1Y14.6%24.3%-0.9%

Return vs Industry: MCDOWELL-N underperformed the Indian Beverage industry which returned 24.3% over the past year.

Return vs Market: MCDOWELL-N exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is MCDOWELL-N's price volatile compared to industry and market?
MCDOWELL-N volatility
MCDOWELL-N Average Weekly Movement4.4%
Beverage Industry Average Movement5.9%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: MCDOWELL-N is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MCDOWELL-N's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18263,261n/ahttps://www.diageoindia.com

United Spirits Limited manufactures, purchases, and sells alcoholic beverages and other allied spirits in India and internationally. Its alcoholic beverages include Scotch whisky, Indian made foreign liquor whisky, brandy, rum, vodka, gin, and wine. The company primarily owns McDowell’s No.1, Royal Challenge, Signature, Antiquity, Black Dog, Director’s Special Black, McDowell’s Rum, McDowell’s Brandy, Bagpiper, Old Tavern, and Haywards brands.

United Spirits Fundamentals Summary

How do United Spirits's earnings and revenue compare to its market cap?
MCDOWELL-N fundamental statistics
Market Cap₹539.68b
Earnings (TTM)₹8.29b
Revenue (TTM)₹97.12b

65.1x

P/E Ratio

5.6x

P/S Ratio

Is MCDOWELL-N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCDOWELL-N income statement (TTM)
Revenue₹97.12b
Cost of Revenue₹52.92b
Gross Profit₹44.21b
Other Expenses₹35.92b
Earnings₹8.29b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)11.69
Gross Margin45.52%
Net Profit Margin8.53%
Debt/Equity Ratio7.0%

How did MCDOWELL-N perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 MCDOWELL-N?

Other financial metrics that can be useful for relative valuation.

MCDOWELL-N 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/Revenue5.6x
Enterprise Value/EBITDA33.7x
PEG Ratio3.6x

Price to Earnings Ratio vs Peers

How does MCDOWELL-N's PE Ratio compare to its peers?

MCDOWELL-N PE Ratio vs Peers
The above table shows the PE ratio for MCDOWELL-N vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22.8x

Price-To-Earnings vs Peers: MCDOWELL-N is expensive based on its Price-To-Earnings Ratio (65.1x) compared to the peer average (22.8x).

Price to Earnings Ratio vs Industry

How does MCDOWELL-N's PE Ratio compare vs other companies in the Beverage Industry?

Price-To-Earnings vs Industry: MCDOWELL-N is expensive based on its Price-To-Earnings Ratio (65.1x) compared to the Indian Beverage industry average (19.8x)

Price to Earnings Ratio vs Fair Ratio

What is MCDOWELL-N'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.

MCDOWELL-N PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio65.1x
Fair PE Ratio30.5x

Price-To-Earnings vs Fair Ratio: MCDOWELL-N is expensive based on its Price-To-Earnings Ratio (65.1x) compared to the estimated Fair Price-To-Earnings Ratio (30.5x).

Share Price vs Fair Value

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

Below Fair Value: MCDOWELL-N (₹761.35) is trading above our estimate of fair value (₹370.74)

Significantly Below Fair Value: MCDOWELL-N is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: MCDOWELL-N is poor value based on its PEG Ratio (3.6x)

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Future Growth

How is United Spirits forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

18.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MCDOWELL-N's forecast earnings growth (18.1% per year) is above the savings rate (6.7%).

Earnings vs Market: MCDOWELL-N's earnings (18.1% per year) are forecast to grow faster than the Indian market (17.4% per year).

High Growth Earnings: MCDOWELL-N's earnings are forecast to grow, but not significantly.

Revenue vs Market: MCDOWELL-N's revenue (6.3% per year) is forecast to grow slower than the Indian market (11.5% per year).

High Growth Revenue: MCDOWELL-N's revenue (6.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MCDOWELL-N's Return on Equity is forecast to be low in 3 years time (18.5%).

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Past Performance

How has United Spirits performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

11.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MCDOWELL-N has high quality earnings.

Growing Profit Margin: MCDOWELL-N's current net profit margins (8.5%) are higher than last year (4.7%).

Past Earnings Growth Analysis

Earnings Trend: MCDOWELL-N's earnings have grown by 11.3% per year over the past 5 years.

Accelerating Growth: MCDOWELL-N's earnings growth over the past year (116%) exceeds its 5-year average (11.3% per year).

Earnings vs Industry: MCDOWELL-N earnings growth over the past year (116%) exceeded the Beverage industry 29.6%.

Return on Equity

High ROE: MCDOWELL-N's Return on Equity (16.6%) is considered low.

Discover strong past performing companies

Financial Health

How is United Spirits's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MCDOWELL-N's short term assets (₹51.6B) exceed its short term liabilities (₹38.4B).

Long Term Liabilities: MCDOWELL-N's short term assets (₹51.6B) exceed its long term liabilities (₹2.0B).

Debt to Equity History and Analysis

Debt Level: MCDOWELL-N's net debt to equity ratio (1.2%) is considered satisfactory.

Reducing Debt: MCDOWELL-N's debt to equity ratio has reduced from 231.3% to 7% over the past 5 years.

Debt Coverage: MCDOWELL-N's debt is well covered by operating cash flow (286%).

Interest Coverage: MCDOWELL-N's interest payments on its debt are well covered by EBIT (14.8x coverage).

Balance Sheet

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Dividend

What is United Spirits's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

0.48%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MCDOWELL-N's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MCDOWELL-N's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MCDOWELL-N's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCDOWELL-N's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: MCDOWELL-N is not paying a notable dividend for the Indian market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MCDOWELL-N has not reported any payouts.

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Management

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

1.8yrs

Average management tenure

CEO

United Spirits has no CEO, or we have no data on them.

Leadership Team

Experienced Management: MCDOWELL-N's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Experienced Board: MCDOWELL-N's board of directors are considered experienced (5.8 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

United Spirits Limited's employee growth, exchange listings and data sources

Key Information

  • Name: United Spirits Limited
  • Ticker: MCDOWELL-N
  • Exchange: NSEI
  • Founded: 1826
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹539.680b
  • Shares outstanding: 708.85m
  • Website: https://www.diageoindia.com

Number of Employees

Location

  • United Spirits Limited
  • UB Tower
  • No. 24, Vittal Mallya Road
  • Bengaluru
  • Karnataka
  • 560001
  • India

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 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.