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5346

North Eastern Carrying BSE:534615 Stock Report

Last Price

₹24.95

Market Cap

₹1.3b

7D

-0.6%

1Y

46.8%

Updated

15 Aug, 2022

Data

Company Financials
534615 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends0/6

534615 Stock Overview

North Eastern Carrying Corporation Limited provides transportation and logistics services in India, Nepal, Bhutan, and Bangladesh.

North Eastern Carrying Competitors

Price History & Performance

Summary of all time highs, changes and price drops for North Eastern Carrying
Historical stock prices
Current Share Price₹24.95
52 Week High₹38.00
52 Week Low₹16.35
Beta1.48
1 Month Change-2.16%
3 Month Change-10.57%
1 Year Change46.77%
3 Year Change293.53%
5 Year Change-39.44%
Change since IPO72.07%

Recent News & Updates

Shareholder Returns

534615IN TransportationIN Market
7D-0.6%2.0%1.4%
1Y46.8%11.7%8.2%

Return vs Industry: 534615 exceeded the Indian Transportation industry which returned 11.7% over the past year.

Return vs Market: 534615 exceeded the Indian Market which returned 8.2% over the past year.

Price Volatility

Is 534615's price volatile compared to industry and market?
534615 volatility
534615 Average Weekly Movement6.2%
Transportation Industry Average Movement6.5%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 534615 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 534615's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984485Sunil Jainhttps://www.neccgroup.com

North Eastern Carrying Corporation Limited provides transportation and logistics services in India, Nepal, Bhutan, and Bangladesh. The company small parcels, as well as full truck load, project, and over dimensional consignments. It also offers containerized movement of cargo, packing and moving, warehousing, and third party logistics and storage facilities.

North Eastern Carrying Fundamentals Summary

How do North Eastern Carrying's earnings and revenue compare to its market cap?
534615 fundamental statistics
Market Cap₹1.25b
Earnings (TTM)₹42.58m
Revenue (TTM)₹2.50b

29.4x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
534615 income statement (TTM)
Revenue₹2.50b
Cost of Revenue₹2.19b
Gross Profit₹310.87m
Other Expenses₹268.30m
Earnings₹42.58m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.85
Gross Margin12.41%
Net Profit Margin1.70%
Debt/Equity Ratio102.0%

How did 534615 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 534615 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 534615?

Other financial metrics that can be useful for relative valuation.

534615 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/Revenue0.9x
Enterprise Value/EBITDA14.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 534615's PE Ratio compare to its peers?

534615 PE Ratio vs Peers
The above table shows the PE ratio for 534615 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average51.7x
DRSDILIP DRS Dilip Roadlines
24.1xn/a₹1.1b
541206 Orissa Bengal Carrier
27.4xn/a₹2.4b
GICL Globe International Carriers
48.6xn/a₹698.9m
531977 Chartered Logistics
106.8xn/a₹613.9m
534615 North Eastern Carrying
29.4xn/a₹1.3b

Price-To-Earnings vs Peers: 534615 is good value based on its Price-To-Earnings Ratio (29.4x) compared to the peer average (51.7x).


Price to Earnings Ratio vs Industry

How does 534615's PE Ratio compare vs other companies in the Asian Transportation Industry?

Price-To-Earnings vs Industry: 534615 is expensive based on its Price-To-Earnings Ratio (29.4x) compared to the Indian Transportation industry average (25.5x)


Price to Earnings Ratio vs Fair Ratio

What is 534615'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.

534615 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 534615's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 534615 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 534615's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 534615's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is North Eastern Carrying forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.2%

Forecasted Transportation 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 North Eastern Carrying 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.


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Past Performance

How has North Eastern Carrying 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


-3.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 534615 has high quality earnings.

Growing Profit Margin: 534615's current net profit margins (1.7%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: 534615's earnings have declined by 3.9% per year over the past 5 years.

Accelerating Growth: 534615's earnings growth over the past year (197.7%) exceeds its 5-year average (-3.9% per year).

Earnings vs Industry: 534615 earnings growth over the past year (197.7%) exceeded the Transportation industry 59.8%.


Return on Equity

High ROE: 534615's Return on Equity (4.3%) is considered low.


Discover strong past performing companies

Financial Health

How is North Eastern Carrying's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 534615's short term assets (₹2.0B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: 534615's short term assets (₹2.0B) exceed its long term liabilities (₹54.0M).


Debt to Equity History and Analysis

Debt Level: 534615's net debt to equity ratio (94.3%) is considered high.

Reducing Debt: 534615's debt to equity ratio has reduced from 106.2% to 102% over the past 5 years.

Debt Coverage: 534615's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 534615's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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Dividend

What is North Eastern Carrying current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 534615's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 534615'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 534615's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 534615's dividend payments have been increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 534615 has not reported any payouts.


Discover strong dividend paying companies

Management

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

12.1yrs

Average board tenure


CEO

Sunil Jain (60 yo)

no data

Tenure

₹4,800,000

Compensation

Mr. Sunil Kumar Jain serves as the Managing Director at North Eastern Carrying Corporation Limited and has been its Chairman since June 06, 2009. Mr. Jain joined North Eastern Carrying on October 10, 1994...


CEO Compensation Analysis

Compensation vs Market: Sunil's total compensation ($USD60.29K) is above average for companies of similar size in the Indian market ($USD37.68K).

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


Board Members

Experienced Board: 534615's board of directors are seasoned and experienced ( 12.1 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

North Eastern Carrying Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: North Eastern Carrying Corporation Limited
  • Ticker: 534615
  • Exchange: BSE
  • Founded: 1984
  • Industry: Trucking
  • Sector: Transportation
  • Implied Market Cap: ₹1.252b
  • Shares outstanding: 50.20m
  • Website: https://www.neccgroup.com

Number of Employees


Location

  • North Eastern Carrying Corporation Limited
  • NECC House
  • 9062/47, Ram Bagh Road
  • Delhi
  • Delhi
  • 110006
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/12 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.