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AFFL

Affle (India)NSEI:AFFLE Stock Report

Market Cap

₹142.8b

7D

-1.1%

1Y

106.2%

Updated

27 Oct, 2021

Data

Company Financials +
AFFLE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance6/6
Financial Health6/6
Dividends0/6

AFFLE Overview

Affle (India) Limited, together with its subsidiaries, provides mobile advertisement services through information technology and software development services for mobiles in India and internationally.

Affle (India) Competitors

Facebook

NasdaqGS:FB

US$890.4b

Trade Desk

NasdaqGM:TTD

US$36.8b

ironSource

NYSE:IS

US$12.1b

Criteo

NasdaqGS:CRTO

US$2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Affle (India)
Historical stock prices
Current Share Price₹1,065.70
52 Week High₹500.44
52 Week Low₹1,260.00
Beta1.83
1 Month Change-0.28%
3 Month Change28.51%
1 Year Change106.21%
3 Year Changen/a
5 Year Changen/a
Change since IPO617.64%

Recent News & Updates

Aug 20
Are Affle (India) Limited (NSE:AFFLE) Investors Paying Above The Intrinsic Value?

Are Affle (India) Limited (NSE:AFFLE) Investors Paying Above The Intrinsic Value?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Affle (India) Limited...

Shareholder Returns

AFFLEIN MediaIN Market
7D-1.1%0.1%-2.3%
1Y106.2%49.2%62.5%

Return vs Industry: AFFLE exceeded the Indian Media industry which returned 49.2% over the past year.

Return vs Market: AFFLE exceeded the Indian Market which returned 62.5% over the past year.

Price Volatility

Is AFFLE's price volatile compared to industry and market?
AFFLE volatility
AFFLE Beta1.83
Industry Beta0.90
Market Beta1

Stable Share Price: AFFLE is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: AFFLE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994367Anuj Sohumhttps://www.affle.com

Affle (India) Limited, together with its subsidiaries, provides mobile advertisement services through information technology and software development services for mobiles in India and internationally. It offers MAAS platform, an end-to-end mobile advertising platform; RevX, a self-serve programmatic platform; Appnext, an app recommendation platform; Jampp, a programmatic app marketing platform; Vizury Engage360, an omnichannel marketing platform; Mediasmart, a programmatic and proximity marketing platform; mFaaS for ad fraud detection; Shoffr, an online to offline marketing platform; mKr8, an ad authoring platform; mDMP, a data management platform; mCDP, a customer data platform for audience intelligence and engagement; and affle reusable components for application development. The company serves telecommunication and ISP, healthcare, retail and e-commerce, ERP and workplace, real estate, travel, and transportation industries, as well as public sector and government.

Affle (India) Fundamentals Summary

How do Affle (India)'s earnings and revenue compare to its market cap?
AFFLE fundamental statistics
Market Cap₹142.77b
Earnings (TTM)₹1.52b
Revenue (TTM)₹5.82b

93.6x

P/E Ratio

24.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AFFLE income statement (TTM)
Revenue₹5.82b
Cost of Revenue₹3.99b
Gross Profit₹1.84b
Expenses₹317.63m
Earnings₹1.52b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)11.39
Gross Margin31.51%
Net Profit Margin26.06%
Debt/Equity Ratio33.1%

How did AFFLE perform over the long term?

See historical performance and comparison

Valuation

Is Affle (India) undervalued compared to its fair value and its price relative to the market?

93.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AFFLE (₹1065.7) is trading above our estimate of fair value (₹678.27)

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


Price To Earnings Ratio

PE vs Industry: AFFLE is poor value based on its PE Ratio (93.6x) compared to the Indian Media industry average (16x).

PE vs Market: AFFLE is poor value based on its PE Ratio (93.6x) compared to the Indian market (21x).


Price to Earnings Growth Ratio

PEG Ratio: AFFLE is poor value based on its PEG Ratio (3.3x)


Price to Book Ratio

PB vs Industry: AFFLE is overvalued based on its PB Ratio (39.6x) compared to the IN Media industry average (1.5x).


Future Growth

How is Affle (India) forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

28.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AFFLE's forecast earnings growth (28.5% per year) is above the savings rate (6.7%).

Earnings vs Market: AFFLE's earnings (28.5% per year) are forecast to grow faster than the Indian market (19.1% per year).

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

Revenue vs Market: AFFLE's revenue (29.3% per year) is forecast to grow faster than the Indian market (12.6% per year).

High Growth Revenue: AFFLE's revenue (29.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AFFLE's Return on Equity is forecast to be high in 3 years time (23.3%)


Past Performance

How has Affle (India) performed over the past 5 years?

47.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AFFLE has high quality earnings.

Growing Profit Margin: AFFLE's current net profit margins (26.1%) are higher than last year (20.4%).


Past Earnings Growth Analysis

Earnings Trend: AFFLE's earnings have grown significantly by 47% per year over the past 5 years.

Accelerating Growth: AFFLE's earnings growth over the past year (113.5%) exceeds its 5-year average (47% per year).

Earnings vs Industry: AFFLE earnings growth over the past year (113.5%) exceeded the Media industry 25.5%.


Return on Equity

High ROE: AFFLE's Return on Equity (42.4%) is considered outstanding.


Financial Health

How is Affle (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: AFFLE's short term assets (₹2.5B) exceed its short term liabilities (₹1.9B).

Long Term Liabilities: AFFLE's short term assets (₹2.5B) exceed its long term liabilities (₹2.0B).


Debt to Equity History and Analysis

Debt Level: AFFLE's debt to equity ratio (33.1%) is considered satisfactory.

Reducing Debt: AFFLE's debt to equity ratio has reduced from 37.2% to 33.1% over the past 5 years.

Debt Coverage: AFFLE's debt is well covered by operating cash flow (85.6%).

Interest Coverage: AFFLE's interest payments on its debt are well covered by EBIT (27.6x coverage).


Balance Sheet


Dividend

What is Affle (India) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AFFLE'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 AFFLE'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?

1.4yrs

Average management tenure


CEO

Anuj Sohum (42 yo)

no data

Tenure

₹250,000

Compensation

Mr. Anuj Khanna Sohum founded Affle Global Pte. Ltd. (formerly known as Affle Pte Ltd.) in 2006 and has been its Chief Executive Officer and serves as its Chairman of the Board of Directors since May 10, 2...


CEO Compensation Analysis

Compensation vs Market: Anuj's total compensation ($USD3.34K) is below average for companies of similar size in the Indian market ($USD433.30K).

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


Leadership Team

Experienced Management: AFFLE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: AFFLE's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AFFLE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.5%.


Top Shareholders

Company Information

Affle (India) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Affle (India) Limited
  • Ticker: AFFLE
  • Exchange: NSEI
  • Founded: 1994
  • Industry: Advertising
  • Sector: Media
  • Market Cap: ₹142.765b
  • Shares outstanding: 133.25m
  • Website: https://www.affle.com

Number of Employees


Location

  • Affle (India) Limited
  • 601-612, Tower C
  • 6th Floor
  • Gurugram
  • Haryana
  • 122018
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/27 12:04
End of Day Share Price2021/10/27 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.