BSE:502589

Stock Analysis Report

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Executive Summary

Vapi Enterprise Limited manufactures paper and paper products on job work basis in India.


Snowflake Analysis

Questionable track record with worrying balance sheet.

Share Price & News

How has Vapi Enterprise's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 502589 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

502589

2.7%

IN Forestry

1.1%

IN Market


1 Year Return

73.4%

502589

-40.7%

IN Forestry

-6.0%

IN Market

Return vs Industry: 502589 exceeded the Indian Forestry industry which returned -40.7% over the past year.

Return vs Market: 502589 exceeded the Indian Market which returned -6% over the past year.


Shareholder returns

502589IndustryMarket
7 Day0%2.7%1.1%
30 Day-0.3%8.5%6.2%
90 Dayn/a10.2%18.2%
1 Year73.4%73.4%-24.7%-40.7%-4.1%-6.0%
3 Year41.2%41.2%-38.6%-53.5%0.2%-4.5%
5 Year126.5%126.5%5.5%-23.5%24.5%14.9%

Price Volatility Vs. Market

How volatile is Vapi Enterprise's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Vapi Enterprise undervalued compared to its fair value and its price relative to the market?

13.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 502589 (₹30.35) is trading above our estimate of fair value (₹11.55)

Significantly Below Fair Value: 502589 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 502589 is poor value based on its PE Ratio (13.5x) compared to the IN Forestry industry average (7.8x).

PE vs Market: 502589 is poor value based on its PE Ratio (13.5x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 502589's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 502589 has negative assets, so we can't compare its PB Ratio to the IN Forestry industry average.


Next Steps

Future Growth

How is Vapi Enterprise forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.5%

Forecasted Materials 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 Vapi Enterprise 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.


Next Steps

Past Performance

How has Vapi Enterprise performed over the past 5 years?

-7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 502589 has high quality earnings.

Growing Profit Margin: 502589 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 502589's earnings have declined by -7.9% per year over the past 5 years.

Accelerating Growth: 502589 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 502589 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (-10.5%).


Return on Equity

High ROE: 502589's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Vapi Enterprise's financial position?


Financial Position Analysis

Short Term Liabilities: 502589 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 502589 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 502589 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 502589's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 502589's debt is not well covered by operating cash flow (5.2%).

Interest Coverage: 502589's interest payments on its debt are well covered by EBIT (49.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Vapi Enterprise current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 502589's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 502589'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 502589's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 502589's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 502589's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Manoj Patel (50yo)

16.92yrs

Tenure

₹840,000

Compensation

Mr. Manoj Ramanbhai Patel has been the Managing Director of Vapi Enterprise Limited since August 14, 2003 and also serves as its Director. Mr. Patel has wide knowledge and experience. He holds a Master of  ...


CEO Compensation Analysis

Compensation vs Market: Manoj's total compensation ($USD11.18K) is below average for companies of similar size in the Indian market ($USD48.72K).

Compensation vs Earnings: Manoj's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Manoj Patel
MD & Director16.92yrs₹840.00k4.91% 3.4m
Rajeev Patel
CFO & Whole-Time Director16.17yrs₹180.00k3.45% 2.4m
Priyanka Kunwar
Whole Time Company Secretary & Compliance Officer1yrno datano data

1.0yrs

Average Tenure

Experienced Management: 502589's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Manoj Patel
MD & Director16.92yrs₹840.00k4.91% 3.4m
Rajeev Patel
CFO & Whole-Time Director16.17yrs₹180.00k3.45% 2.4m
Laxmiben Patel
Director16.17yrsno data4.15% 2.9m
Himanshu Ruia
Additional Independent Director4.42yrsno datano data

16.2yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 502589's board of directors are seasoned and experienced ( 16.2 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

Vapi Enterprise Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vapi Enterprise Limited
  • Ticker: 502589
  • Exchange: BSE
  • Founded: 1974
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹69.242m
  • Shares outstanding: 2.28m
  • Website: https://www.vapienterprise.com

Location

  • Vapi Enterprise Limited
  • 213, Udyog Mandir No. 1
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400016
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
502589BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2002

Biography

Vapi Enterprise Limited manufactures paper and paper products on job work basis in India. It is also involved in renting/warehousing activities. The company was formerly known as Vapi Paper Mills Limited and changed its name to Vapi Enterprise Limited in October 2013. Vapi Enterprise Limited was incorporated in 1974 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 12:48
End of Day Share Price2020/06/26 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.