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5031

Phoenix Mills BSE:503100 Stock Report

Last Price

₹1.31k

Market Cap

₹233.8b

7D

3.2%

1Y

56.1%

Updated

09 Aug, 2022

Data

Company Financials +
503100 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health2/6
Dividends3/6

503100 Stock Overview

The Phoenix Mills Limited engages in the operation and management of malls, construction of commercial and residential properties, and hotel business in India.

Phoenix Mills Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Phoenix Mills
Historical stock prices
Current Share Price₹1,309.25
52 Week High₹1,323.00
52 Week Low₹793.50
Beta0.71
1 Month Change7.46%
3 Month Change24.17%
1 Year Change56.11%
3 Year Change102.50%
5 Year Change156.69%
Change since IPO46,509.11%

Recent News & Updates

Shareholder Returns

503100IN Real EstateIN Market
7D3.2%-1.6%0.6%
1Y56.1%18.6%8.8%

Return vs Industry: 503100 exceeded the Indian Real Estate industry which returned 15.5% over the past year.

Return vs Market: 503100 exceeded the Indian Market which returned 8% over the past year.

Price Volatility

Is 503100's price volatile compared to industry and market?
503100 volatility
503100 Average Weekly Movement5.0%
Real Estate Industry Average Movement7.0%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.3%

Stable Share Price: 503100 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 503100's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190588Shishir Shrivastavahttps://www.thephoenixmills.com

The Phoenix Mills Limited engages in the operation and management of malls, construction of commercial and residential properties, and hotel business in India. The company operates in two segments, Property and Related Services, and Hospitality. Its real estate asset portfolio consists of retail mall, commercial office, residential, and hospitality projects located in Mumbai, Chennai, Bengaluru, Pune, Kolkata, Lucknow, Bareilly, Agra, Ahmedabad, and Indore.

Phoenix Mills Fundamentals Summary

How do Phoenix Mills's earnings and revenue compare to its market cap?
503100 fundamental statistics
Market Cap₹233.77b
Earnings (TTM)₹2.37b
Revenue (TTM)₹14.83b

98.5x

P/E Ratio

15.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
503100 income statement (TTM)
Revenue₹14.83b
Cost of Revenue₹1.03b
Gross Profit₹13.80b
Other Expenses₹11.43b
Earnings₹2.37b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 11, 2022

Earnings per share (EPS)13.29
Gross Margin93.06%
Net Profit Margin16.00%
Debt/Equity Ratio44.2%

How did 503100 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

18%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 503100 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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 503100?

Other financial metrics that can be useful for relative valuation.

503100 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/Revenue19.7x
Enterprise Value/EBITDA39.8x
PEG Ratio2.4x

Price to Earnings Ratio vs Peers

How does 503100's PE Ratio compare to its peers?

503100 PE Ratio vs Peers
The above table shows the PE ratio for 503100 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average41.1x
532929 Brigade Enterprises
56.5x34.3%₹119.0b
DLF DLF
56.1x18.6%₹916.6b
515055 Anant Raj
30.8xn/a₹22.8b
513349 Ajmera Realty & Infra India
20.5xn/a₹9.6b
503100 Phoenix Mills
98.5x41.3%₹233.8b

Price-To-Earnings vs Peers: 503100 is expensive based on its Price-To-Earnings Ratio (98.5x) compared to the peer average (41.1x).


Price to Earnings Ratio vs Industry

How does 503100's PE Ratio compare vs other companies in the IN Real Estate Industry?

Price-To-Earnings vs Industry: 503100 is expensive based on its Price-To-Earnings Ratio (98.5x) compared to the Indian Real Estate industry average (25.9x)


Price to Earnings Ratio vs Fair Ratio

What is 503100'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.

503100 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio98.5x
Fair PE Ratio54.2x

Price-To-Earnings vs Fair Ratio: 503100 is expensive based on its Price-To-Earnings Ratio (98.5x) compared to the estimated Fair Price-To-Earnings Ratio (54.2x).


Share Price vs Fair Value

What is the Fair Price of 503100 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 503100 (₹1309.25) is trading above our estimate of fair value (₹370.73)

Significantly Below Fair Value: 503100 is trading above our estimate of fair value.


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 lower than the current share price.


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Future Growth

How is Phoenix Mills forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


41.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 503100's forecast earnings growth (41.3% per year) is above the savings rate (6.8%).

Earnings vs Market: 503100's earnings (41.3% per year) are forecast to grow faster than the Indian market (18.7% per year).

High Growth Earnings: 503100's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 503100's revenue (28.5% per year) is forecast to grow faster than the Indian market (10.8% per year).

High Growth Revenue: 503100's revenue (28.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 503100's Return on Equity is forecast to be low in 3 years time (13.7%).


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Past Performance

How has Phoenix Mills performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 503100 has high quality earnings.

Growing Profit Margin: 503100's current net profit margins (16%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: 503100's earnings have declined by 7.5% per year over the past 5 years.

Accelerating Growth: 503100's earnings growth over the past year (351.2%) exceeds its 5-year average (-7.5% per year).

Earnings vs Industry: 503100 earnings growth over the past year (351.2%) exceeded the Real Estate industry 37.4%.


Return on Equity

High ROE: 503100's Return on Equity (3%) is considered low.


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Financial Health

How is Phoenix Mills's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 503100's short term assets (₹19.9B) do not cover its short term liabilities (₹20.4B).

Long Term Liabilities: 503100's short term assets (₹19.9B) do not cover its long term liabilities (₹32.8B).


Debt to Equity History and Analysis

Debt Level: 503100's net debt to equity ratio (37.6%) is considered satisfactory.

Reducing Debt: 503100's debt to equity ratio has reduced from 149.1% to 44.2% over the past 5 years.

Debt Coverage: 503100's debt is not well covered by operating cash flow (19.6%).

Interest Coverage: 503100's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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Dividend

What is Phoenix Mills's 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


0.18%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 503100's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 503100's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (1.71%).


Stability and Growth of Payments

Stable Dividend: 503100's dividend payments have been volatile in the past 10 years.

Growing Dividend: 503100's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18%), 503100's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (5.5%), 503100's dividend payments are thoroughly covered by cash flows.


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Management

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

3.2yrs

Average management tenure


CEO

Shishir Shrivastava (46 yo)

2.67yrs

Tenure

Mr. Shishir Ashok Shrivastava has been Executive Director and Managing Director of Phoenix Mills Limited since December 11, 2019 and served as its Joint Managing Director from July 30, 2011 until December...


Leadership Team

Experienced Management: 503100's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: 503100's board of directors are seasoned and experienced ( 14 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 been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

The Phoenix Mills Limited's employee growth, exchange listings and data sources


Key Information

  • Name: The Phoenix Mills Limited
  • Ticker: 503100
  • Exchange: BSE
  • Founded: 1905
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Implied Market Cap: ₹233.769b
  • Shares outstanding: 178.55m
  • Website: https://www.thephoenixmills.com

Number of Employees


Location

  • The Phoenix Mills Limited
  • R. R. Hosiery Building
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400011
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/08 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.