NSEI:ALLCARGO

Stock Analysis Report

Executive Summary

Allcargo Logistics Limited provides integrated logistics solutions in India, the United States, the Far East, Europe, and internationally.


Snowflake Analysis

Undervalued with excellent balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Allcargo Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALLCARGO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.3%

ALLCARGO

-10.6%

IN Logistics

-2.9%

IN Market


1 Year Return

-50.2%

ALLCARGO

-48.6%

IN Logistics

-29.3%

IN Market

Return vs Industry: ALLCARGO underperformed the Indian Logistics industry which returned -48.6% over the past year.

Return vs Market: ALLCARGO underperformed the Indian Market which returned -29.3% over the past year.


Shareholder returns

ALLCARGOIndustryMarket
7 Day0.3%-10.6%-2.9%
30 Day-47.1%-35.4%-23.7%
90 Day-41.0%-31.5%-28.6%
1 Year-47.9%-50.2%-48.1%-48.6%-27.9%-29.3%
3 Year-62.5%-66.3%-52.3%-53.7%-15.4%-20.0%
5 Year-60.8%-65.2%-67.6%-68.7%-3.3%-8.3%

Price Volatility Vs. Market

How volatile is Allcargo Logistics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Allcargo Logistics undervalued compared to its fair value and its price relative to the market?

16.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALLCARGO (₹57.45) is trading below our estimate of fair value (₹69.12)

Significantly Below Fair Value: ALLCARGO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ALLCARGO is good value based on its PE Ratio (5.6x) compared to the Logistics industry average (10.3x).

PE vs Market: ALLCARGO is good value based on its PE Ratio (5.6x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: ALLCARGO is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: ALLCARGO is good value based on its PB Ratio (0.7x) compared to the IN Logistics industry average (0.7x).


Next Steps

Future Growth

How is Allcargo Logistics forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

10.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALLCARGO's forecast earnings growth (10.9% per year) is above the savings rate (6.5%).

Earnings vs Market: ALLCARGO's earnings (10.9% per year) are forecast to grow slower than the Indian market (19.6% per year).

High Growth Earnings: ALLCARGO's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALLCARGO's revenue (10.5% per year) is forecast to grow faster than the Indian market (8.9% per year).

High Growth Revenue: ALLCARGO's revenue (10.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALLCARGO's Return on Equity is forecast to be low in 3 years time (11.7%).


Next Steps

Past Performance

How has Allcargo Logistics performed over the past 5 years?

-3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALLCARGO has high quality earnings.

Growing Profit Margin: ALLCARGO's current net profit margins (3.5%) are higher than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: ALLCARGO's earnings have declined by -3.3% per year over the past 5 years.

Accelerating Growth: ALLCARGO's earnings growth over the past year (43.7%) exceeds its 5-year average (-3.3% per year).

Earnings vs Industry: ALLCARGO earnings growth over the past year (43.7%) exceeded the Logistics industry -1.9%.


Return on Equity

High ROE: ALLCARGO's Return on Equity (12.2%) is considered low.


Next Steps

Financial Health

How is Allcargo Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: ALLCARGO's short term assets (₹19.7B) exceed its short term liabilities (₹16.8B).

Long Term Liabilities: ALLCARGO's short term assets (₹19.7B) exceed its long term liabilities (₹8.2B).


Debt to Equity History and Analysis

Debt Level: ALLCARGO's debt to equity ratio (38.4%) is considered satisfactory.

Reducing Debt: ALLCARGO's debt to equity ratio has increased from 30.1% to 38.4% over the past 5 years.

Debt Coverage: ALLCARGO's debt is well covered by operating cash flow (34.2%).

Interest Coverage: ALLCARGO's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet

Inventory Level: ALLCARGO has a high level of physical assets or inventory.

Debt Coverage by Assets: ALLCARGO's debt is covered by short term assets (assets are 2.4x debt).


Next Steps

Dividend

What is Allcargo Logistics's current dividend yield, its reliability and sustainability?

5.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALLCARGO's dividend (5.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: ALLCARGO's dividend (5.22%) is in the top 25% of dividend payers in the Indian market (4.16%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.4%), ALLCARGO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALLCARGO's dividends in 3 years are forecast to be well covered by earnings (19.7% payout ratio).


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Shashi Shetty (62yo)

no data

Tenure

₹53,587,000

Compensation

Dr. Shashi Kiran Shetty serves as Founder, Chairman and Managing Director at Allcargo Logistics Limited (formerly Allcargo Global Logistics Limited). Dr. Shetty is the promoter of Allcargo Global Logistics ...


CEO Compensation Analysis

Compensation vs Market: Shashi's total compensation ($USD710.96K) is above average for companies of similar size in the Indian market ($USD327.26K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Shashi Shetty
Founderno data₹53.59m62.08% 9.4b
Adarsh Hegde
Joint MD & Executive Director13.5yrs₹46.75m1.85% 280.2m
Jatin Chokshi
Chief Investment Officerno data₹34.48m0.12% 17.9m
Deepal Shah
CFO & Chief Investor Relations Officer1yr₹13.08mno data
Prakash Tulsiani
Executive Director & CEO of CFS-ICD1.83yrs₹27.97mno data
Sandeep Anand
Chief Executive Officer of Projects & Engineering Solutionsno data₹10.65m0.0081% 1.2m
Devanand Mojidra
Company Secretary1yr₹1.60mno data
Sheetal Gulati
Group CFO0.33yrno datano data
Ashish Mathur
Group Chief Information Officer1.75yrsno datano data
Ajit Jangle
Head of Corporate Business Developmentno datano datano data

1.4yrs

Average Tenure

57.5yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Shashi Shetty
Founderno data₹53.59m62.08% 9.4b
Adarsh Hegde
Joint MD & Executive Director13.5yrs₹46.75m1.85% 280.2m
Hari Mundra
Non Executive Independent Director7.83yrs₹3.22mno data
Kaiwan Kalyaniwalla
Non-Executive Director3.58yrs₹2.23m0.044% 6.6m
Arathi Shetty
Non-Executive Director12.92yrs₹1.12m2.99% 453.2m
Mathew Cyriac
Non-Executive Independent Director1yr₹20.00kno data
Mohinder Bansal
Non-Executive Independent Director9.42yrs₹3.20mno data
Malini Thadani
Non-Executive Independent Director1.33yrs₹1.01mno data

7.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: ALLCARGO's board of directors are considered experienced (7.8 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

Allcargo Logistics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Allcargo Logistics Limited
  • Ticker: ALLCARGO
  • Exchange: NSEI
  • Founded: 1993
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: ₹15.147b
  • Shares outstanding: 245.70m
  • Website: https://www.allcargologistics.com

Number of Employees


Location

  • Allcargo Logistics Limited
  • Avashya House
  • 6th Floor
  • Mumbai
  • Maharashtra
  • 400098
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532749BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2006
ALLCARGONSEI (National Stock Exchange of India)YesEquity SharesININRJun 2006

Biography

Allcargo Logistics Limited provides integrated logistics solutions in India, the United States, the Far East, Europe, and internationally. The company operates in four segments: Multimodal Transport Operations, Container Freight Stations, Project and Engineering Solutions, and Logistics Park. The Multimodal Transport Operations segment is involved in non-vessel owning common carrier operations related to less than container load (LCL) consolidation and full container load forwarding activities. The Container Freight Stations segment offers import/export cargo stuffing, de-stuffing, custom clearance, and other related ancillary services to importers and exporters. The Project and Engineering Solutions segment provides integrated end-to-end project, engineering, and logistic services through a fleet of special equipment, as well as project engineering solutions across various sectors. The Logistics Park segment offers warehousing and industrial real-estate solutions. The company was formerly known as Allcargo Global Logistics Limited and changed its name to Allcargo Logistics Limited in July 2011. Allcargo Logistics Limited was founded in 1993 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 13:14
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.