APCOTEXIND Stock Overview
Apcotex Industries Limited produces and sells synthetic emulsion polymers in India.
Apcotex Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹627.65|
|52 Week High||₹679.00|
|52 Week Low||₹292.25|
|1 Month Change||4.23%|
|3 Month Change||79.51%|
|1 Year Change||96.60%|
|3 Year Change||178.83%|
|5 Year Change||285.16%|
|Change since IPO||14,496.51%|
Recent News & Updates
|APCOTEXIND||IN Chemicals||IN Market|
Return vs Industry: APCOTEXIND exceeded the Indian Chemicals industry which returned -1.5% over the past year.
Return vs Market: APCOTEXIND exceeded the Indian Market which returned -0.9% over the past year.
|APCOTEXIND Average Weekly Movement||9.2%|
|Chemicals Industry Average Movement||6.7%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.9%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: APCOTEXIND is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: APCOTEXIND's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Apcotex Industries Limited produces and sells synthetic emulsion polymers in India. It offers synthetic latexes, such as carboxylated styrene butadiene, styrene acrylic, vinyl pyridine, and nitrile latexes; and synthetic rubber, including nitrile, NBR polyblend and powder, and high styrene rubber products. The company’s synthetic latexes are used in applications, such as tire cord dipping, paper and paperboard coating, carpet backing, concrete modification/water proofing, non-wovens, textile finishing, paints, gloves, etc.; and synthetic rubber for use in various applications comprising footwear, automotive components, rice rolls, molded items, V-belts, conveyor belts, hoses, etc. It also exports its products.
Apcotex Industries Fundamentals Summary
|APCOTEXIND fundamental statistics|
Is APCOTEXIND overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APCOTEXIND income statement (TTM)|
|Cost of Revenue||₹6.41b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||19.06|
|Net Profit Margin||10.33%|
How did APCOTEXIND perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is APCOTEXIND undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for APCOTEXIND?
Other financial metrics that can be useful for relative valuation.
|What is APCOTEXIND's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does APCOTEXIND's PE Ratio compare to its peers?
|APCOTEXIND PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
505509 Responsive Industries
500412 Thirumalai Chemicals
ANDHRSUGAR Andhra Sugars
500227 Jindal Poly Films
APCOTEXIND Apcotex Industries
Price-To-Earnings vs Peers: APCOTEXIND is good value based on its Price-To-Earnings Ratio (31.6x) compared to the peer average (73845.9x).
Price to Earnings Ratio vs Industry
How does APCOTEXIND's PE Ratio compare vs other companies in the IN Chemicals Industry?
Price-To-Earnings vs Industry: APCOTEXIND is expensive based on its Price-To-Earnings Ratio (31.6x) compared to the Indian Chemicals industry average (16.9x)
Price to Earnings Ratio vs Fair Ratio
What is APCOTEXIND'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.
|Current PE Ratio||31.6x|
|Fair PE Ratio||23.1x|
Price-To-Earnings vs Fair Ratio: APCOTEXIND is expensive based on its Price-To-Earnings Ratio (31.6x) compared to the estimated Fair Price-To-Earnings Ratio (23.1x).
Share Price vs Fair Value
What is the Fair Price of APCOTEXIND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: APCOTEXIND (₹627.65) is trading above our estimate of fair value (₹155.78)
Significantly Below Fair Value: APCOTEXIND is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: APCOTEXIND is poor value based on its PEG Ratio (1.3x)
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How is Apcotex Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: APCOTEXIND's forecast earnings growth (24.7% per year) is above the savings rate (6.7%).
Earnings vs Market: APCOTEXIND's earnings (24.7% per year) are forecast to grow faster than the Indian market (17.4% per year).
High Growth Earnings: APCOTEXIND's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APCOTEXIND's revenue (25% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: APCOTEXIND's revenue (25% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APCOTEXIND's Return on Equity is forecast to be high in 3 years time (28.7%)
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How has Apcotex Industries performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APCOTEXIND has a high level of non-cash earnings.
Growing Profit Margin: APCOTEXIND's current net profit margins (10.3%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: APCOTEXIND's earnings have grown significantly by 21.1% per year over the past 5 years.
Accelerating Growth: APCOTEXIND's earnings growth over the past year (123.8%) exceeds its 5-year average (21.1% per year).
Earnings vs Industry: APCOTEXIND earnings growth over the past year (123.8%) exceeded the Chemicals industry 29.6%.
Return on Equity
High ROE: APCOTEXIND's Return on Equity (24.9%) is considered high.
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How is Apcotex Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: APCOTEXIND's short term assets (₹3.0B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: APCOTEXIND's short term assets (₹3.0B) exceed its long term liabilities (₹438.4M).
Debt to Equity History and Analysis
Debt Level: APCOTEXIND's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: APCOTEXIND's debt to equity ratio has increased from 10% to 12.7% over the past 5 years.
Debt Coverage: APCOTEXIND's debt is well covered by operating cash flow (94.9%).
Interest Coverage: APCOTEXIND's interest payments on its debt are well covered by EBIT (57.1x coverage).
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What is Apcotex Industries's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APCOTEXIND's dividend (1%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: APCOTEXIND's dividend (1%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).
Stability and Growth of Payments
Stable Dividend: APCOTEXIND's dividends per share have been stable in the past 10 years.
Growing Dividend: APCOTEXIND's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), APCOTEXIND's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: APCOTEXIND is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Abhiraj Choksey (44 yo)
Mr. Abhiraj Atul Choksey has been the Managing Director of Apcotex Industries Ltd., since May 1, 2010 and serves as its Executive Director. Mr. Choksey serves as a Director of Titan Trading & Agencies Limi...
CEO Compensation Analysis
Compensation vs Market: Abhiraj's total compensation ($USD183.31K) is about average for companies of similar size in the Indian market ($USD260.64K).
Compensation vs Earnings: Abhiraj's compensation has been consistent with company performance over the past year.
Experienced Management: APCOTEXIND's management team is considered experienced (2.8 years average tenure).
Experienced Board: APCOTEXIND's board of directors are considered experienced (9.9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Apcotex Industries Limited's employee growth, exchange listings and data sources
- Name: Apcotex Industries Limited
- Ticker: APCOTEXIND
- Exchange: NSEI
- Founded: 1980
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: ₹31.224b
- Shares outstanding: 51.84m
- Website: https://www.apcotex.com
Number of Employees
- Apcotex Industries Limited
- N. K. Mehta International House
- 178, Backbay Reclamation
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
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.