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JKPA

JK Paper NSEI:JKPAPER Stock Report

Last Price

₹382.05

Market Cap

₹64.8b

7D

10.2%

1Y

47.7%

Updated

07 Aug, 2022

Data

Company Financials +
JKPAPER fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends3/6

JKPAPER Stock Overview

JK Paper Limited manufactures, sells, and exports papers and boards in India, the United States, the United Kingdom, Sri Lanka, Bangladesh, Singapore, Malaysia, Africa, the Middle East, and internationally.

JK Paper Competitors

Price History & Performance

Summary of all time highs, changes and price drops for JK Paper
Historical stock prices
Current Share Price₹382.05
52 Week High₹402.00
52 Week Low₹192.00
Beta0.59
1 Month Change27.39%
3 Month Change22.16%
1 Year Change47.65%
3 Year Change241.42%
5 Year Change324.97%
Change since IPO599.09%

Recent News & Updates

Aug 04
News Flash: Analysts Just Made A Sizeable Upgrade To Their JK Paper Limited (NSE:JKPAPER) Forecasts

News Flash: Analysts Just Made A Sizeable Upgrade To Their JK Paper Limited (NSE:JKPAPER) Forecasts

Celebrations may be in order for JK Paper Limited ( NSE:JKPAPER ) shareholders, with the analysts delivering a...

Jul 20
Does JK Paper (NSE:JKPAPER) Have A Healthy Balance Sheet?

Does JK Paper (NSE:JKPAPER) Have A Healthy Balance Sheet?

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

Shareholder Returns

JKPAPERIN ForestryIN Market
7D10.2%5.5%1.8%
1Y47.7%31.2%7.0%

Return vs Industry: JKPAPER exceeded the Indian Forestry industry which returned 31.2% over the past year.

Return vs Market: JKPAPER exceeded the Indian Market which returned 7% over the past year.

Price Volatility

Is JKPAPER's price volatile compared to industry and market?
JKPAPER volatility
JKPAPER Average Weekly Movement8.1%
Forestry Industry Average Movement7.0%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.3%

Stable Share Price: JKPAPER is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: JKPAPER's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19602,655n/ahttps://www.jkpaper.com

JK Paper Limited manufactures, sells, and exports papers and boards in India, the United States, the United Kingdom, Sri Lanka, Bangladesh, Singapore, Malaysia, Africa, the Middle East, and internationally. It offers a range of office documentation papers, such as photocopy and multi-purpose papers for use in desktop, inkjet and laser printers, fax machines, photocopiers, and multi-functional devices; and premium watermarked and laid-marked business stationery papers for corporate customers and individuals under the JK Copier Slims, JK Copier Plus, JK Copier, JK Easy Copier, JK CMax, JK Sparkle, JK Max, JK Cedar, JK Excel Bond, JK Bond, JK Ledger, and Cedar Digital brand names. The company also provides uncoated writing and printing papers, MICR cheque papers, and pulp boards, as well as bonds, ledgers, and parchment grades papers under the JK Bond, JK MICR Cheque Paper, JK Parchment Paper, JK SS Pulpboard, JK ELEKTRA, JK FINESSE, JK LUMINA, and JK SHB brand names; and coated papers and boards under the JK Cote, JK Superkote/JK Cote Premium, and JK Cote Chromo brand names.

JK Paper Fundamentals Summary

How do JK Paper's earnings and revenue compare to its market cap?
JKPAPER fundamental statistics
Market Cap₹64.83b
Earnings (TTM)₹7.01b
Revenue (TTM)₹47.38b

9.3x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JKPAPER income statement (TTM)
Revenue₹47.38b
Cost of Revenue₹26.91b
Gross Profit₹20.47b
Other Expenses₹13.47b
Earnings₹7.01b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)41.36
Gross Margin43.21%
Net Profit Margin14.79%
Debt/Equity Ratio104.5%

How did JKPAPER perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

13%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 JKPAPER?

Other financial metrics that can be useful for relative valuation.

JKPAPER 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/Revenue1.9x
Enterprise Value/EBITDA6.7x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does JKPAPER's PE Ratio compare to its peers?

JKPAPER PE Ratio vs Peers
The above table shows the PE ratio for JKPAPER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.3x
500040 Century Textiles and Industries
52.7xn/a₹94.3b
500444 West Coast Paper Mills
7.1xn/a₹32.5b
502330 Andhra Paper
7.8xn/a₹15.4b
SESHAPAPER Seshasayee Paper and Boards
9.6xn/a₹14.5b
JKPAPER JK Paper
9.3x20.6%₹64.8b

Price-To-Earnings vs Peers: JKPAPER is good value based on its Price-To-Earnings Ratio (9.3x) compared to the peer average (19.3x).


Price to Earnings Ratio vs Industry

How does JKPAPER's PE Ratio compare vs other companies in the IN Forestry Industry?

Price-To-Earnings vs Industry: JKPAPER is good value based on its Price-To-Earnings Ratio (9.3x) compared to the Indian Forestry industry average (15.1x)


Price to Earnings Ratio vs Fair Ratio

What is JKPAPER'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.

JKPAPER PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.3x
Fair PE Ratio22.5x

Price-To-Earnings vs Fair Ratio: JKPAPER is good value based on its Price-To-Earnings Ratio (9.3x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).


Share Price vs Fair Value

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

Below Fair Value: JKPAPER (₹382.05) is trading below our estimate of fair value (₹663.37)

Significantly Below Fair Value: JKPAPER is trading below fair value by more than 20%.


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 less than 20% higher than the current share price.


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Future Growth

How is JK Paper forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JKPAPER's forecast earnings growth (20.6% per year) is above the savings rate (6.8%).

Earnings vs Market: JKPAPER's earnings (20.6% per year) are forecast to grow faster than the Indian market (18.4% per year).

High Growth Earnings: JKPAPER's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JKPAPER's revenue (8.4% per year) is forecast to grow slower than the Indian market (10.8% per year).

High Growth Revenue: JKPAPER's revenue (8.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if JKPAPER's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has JK Paper 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


9.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JKPAPER has high quality earnings.

Growing Profit Margin: JKPAPER's current net profit margins (14.8%) are higher than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: JKPAPER's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: JKPAPER's earnings growth over the past year (105.8%) exceeds its 5-year average (9.3% per year).

Earnings vs Industry: JKPAPER earnings growth over the past year (105.8%) exceeded the Forestry industry 71%.


Return on Equity

High ROE: Whilst JKPAPER's Return on Equity (23.44%) is high, this metric is skewed due to their high level of debt.


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Financial Health

How is JK Paper's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JKPAPER's short term assets (₹20.3B) exceed its short term liabilities (₹13.0B).

Long Term Liabilities: JKPAPER's short term assets (₹20.3B) do not cover its long term liabilities (₹33.2B).


Debt to Equity History and Analysis

Debt Level: JKPAPER's net debt to equity ratio (83.1%) is considered high.

Reducing Debt: JKPAPER's debt to equity ratio has reduced from 114% to 104.5% over the past 5 years.

Debt Coverage: JKPAPER's debt is well covered by operating cash flow (24.7%).

Interest Coverage: JKPAPER's interest payments on its debt are well covered by EBIT (8.9x coverage).


Balance Sheet


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Dividend

What is JK Paper current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.44%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: JKPAPER's dividend (1.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: JKPAPER's dividend (1.44%) is low compared to the top 25% of dividend payers in the Indian market (1.72%).


Stability and Growth of Payments

Stable Dividend: JKPAPER's dividend payments have been volatile in the past 10 years.

Growing Dividend: JKPAPER's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.3%), JKPAPER's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: JKPAPER is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

JK Paper has no CEO, or we have no data on them.


Leadership Team

Experienced Management: JKPAPER's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: JKPAPER's board of directors are considered experienced (9.3 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

JK Paper Limited's employee growth, exchange listings and data sources


Key Information

  • Name: JK Paper Limited
  • Ticker: JKPAPER
  • Exchange: NSEI
  • Founded: 1960
  • Industry: Paper Products
  • Sector: Materials
  • Implied Market Cap: ₹64.830b
  • Shares outstanding: 169.40m
  • Website: https://www.jkpaper.com

Number of Employees


Location

  • JK Paper Limited
  • Nehru House
  • 3rd Floor
  • New Delhi
  • Delhi
  • 110002
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/06/30
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.