Gujarat Pipavav Port
Market Cap
₹45.4b
Last Updated
2020/12/02 12:10 UTC
Data Sources
Company Financials +
Executive Summary
Gujarat Pipavav Port Limited engages in the construction, operation, and maintenance of port at Pipavav in Gujarat, India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has Gujarat Pipavav Port's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GPPL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GPPL's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
GPPL
6.5%
IN Infrastructure
1.2%
IN Market
1 Year Return
6.0%
GPPL
16.3%
IN Infrastructure
10.4%
IN Market
Return vs Industry: GPPL underperformed the Indian Infrastructure industry which returned 16.3% over the past year.
Return vs Market: GPPL underperformed the Indian Market which returned 10.4% over the past year.
Shareholder returns
| GPPL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 6.5% | 1.2% |
| 30 Day | 3.9% | 16.2% | 12.1% |
| 90 Day | 15.3% | 15.6% | 12.6% |
| 1 Year | 13.5%6.0% | 17.8%16.3% | 12.4%10.4% |
| 3 Year | -23.2%-33.6% | 3.2%0.6% | 10.0%4.6% |
| 5 Year | -27.3%-40.3% | 45.8%39.3% | 59.8%47.8% |
Long-Term Price Volatility Vs. Market
How volatile is Gujarat Pipavav Port's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Don't Buy Gujarat Pipavav Port Limited (NSE:GPPL) For Its Next Dividend Without Doing These Checks2 weeks ago | Simply Wall St
Results: Gujarat Pipavav Port Limited Beat Earnings Expectations And Analysts Now Have New Forecasts4 weeks ago | Simply Wall St
Estimating The Fair Value Of Gujarat Pipavav Port Limited (NSE:GPPL)Valuation
Is Gujarat Pipavav Port undervalued compared to its fair value and its price relative to the market?
15.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GPPL (₹92.25) is trading above our estimate of fair value (₹77.41)
Significantly Below Fair Value: GPPL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GPPL is good value based on its PE Ratio (15.6x) compared to the IN Infrastructure industry average (22.5x).
PE vs Market: GPPL is good value based on its PE Ratio (15.6x) compared to the Indian market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: GPPL is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: GPPL is overvalued based on its PB Ratio (2x) compared to the IN Infrastructure industry average (0.3x).
Next Steps
Future Growth
How is Gujarat Pipavav Port forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
16.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GPPL's forecast earnings growth (16.4% per year) is above the savings rate (7.2%).
Earnings vs Market: GPPL's earnings (16.4% per year) are forecast to grow slower than the Indian market (24.5% per year).
High Growth Earnings: GPPL's earnings are forecast to grow, but not significantly.
Revenue vs Market: GPPL's revenue (9.1% per year) is forecast to grow slower than the Indian market (11.5% per year).
High Growth Revenue: GPPL's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GPPL's Return on Equity is forecast to be low in 3 years time (12.7%).
Next Steps
Past Performance
How has Gujarat Pipavav Port performed over the past 5 years?
2.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GPPL has high quality earnings.
Growing Profit Margin: GPPL's current net profit margins (40.8%) are higher than last year (34.3%).
Past Earnings Growth Analysis
Earnings Trend: GPPL's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: GPPL's earnings growth over the past year (14%) exceeds its 5-year average (2.8% per year).
Earnings vs Industry: GPPL earnings growth over the past year (14%) exceeded the Infrastructure industry -56.4%.
Return on Equity
High ROE: GPPL's Return on Equity (12.9%) is considered low.
Next Steps
Financial Health
How is Gujarat Pipavav Port's financial position?
Financial Position Analysis
Short Term Liabilities: GPPL's short term assets (₹7.3B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: GPPL's short term assets (₹7.3B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: GPPL is debt free.
Reducing Debt: GPPL had no debt 5 years ago.
Debt Coverage: GPPL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GPPL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Gujarat Pipavav Port current dividend yield, its reliability and sustainability?
7.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GPPL's dividend (7.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.52%).
High Dividend: GPPL's dividend (7.59%) is in the top 25% of dividend payers in the Indian market (2.07%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GPPL has been paying a dividend for less than 10 years.
Growing Dividend: GPPL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.8%), GPPL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GPPL's dividends in 3 years are forecast to be covered by earnings (83.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Jakob Sorensen
0.92
Tenure
₹30,200,000
Compensation
Mr. Jakob Friis Sorensen has been the Managing Director and Director of Gujarat Pipavav Port Limited since January 1, 2020. Mr. Sorensen has been with AP Moller Maersk Group since 1987 when he started at t...
CEO Compensation Analysis
Compensation vs Market: Jakob's total compensation ($USD410.79K) is about average for companies of similar size in the Indian market ($USD378.36K).
Compensation vs Earnings: Insufficient data to compare Jakob's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 0.92yr | ₹30.20m | no data | |
| Head of Bulk | no data | ₹7.48m | 0.000010% ₹ 4.5k | |
| GM of Finance & Accounts and CFO | 3.08yrs | ₹9.53m | 0.000020% ₹ 9.1k | |
| Head of Human Resources | no data | no data | no data | |
| Company Secretary & Compliance Officer | no data | no data | 0% ₹ 0 | |
| Head of Information Technology and Communications | no data | ₹4.29m | no data | |
| Head of Planning and Production Engineering | 12.42yrs | no data | no data | |
| Head of Bulk & Liquid Business | 10.58yrs | no data | no data | |
| Executive of Marine Operations | no data | ₹2.88m | no data |
6.8yrs
Average Tenure
61yo
Average Age
Experienced Management: GPPL's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 0.92yr | ₹30.20m | no data | |
| Independent Non-Executive Director | 8.25yrs | ₹1.70m | no data | |
| Independent Chairman | 7.5yrs | ₹2.05m | no data | |
| Non Independent Non Executive Director | 1.25yrs | no data | no data | |
| Independent Non-Executive Director | 7.42yrs | ₹1.60m | no data | |
| Non-Independent Non-Executive Director | 6.42yrs | no data | no data | |
| Independent Director | 0.083yr | no data | no data | |
| Additional Director | 0.33yr | no data | no data | |
| Non-Executive Non-Independent Nominee Director | 0.25yr | no data | no data | |
| Additional Director | 0.083yr | no data | no data |
1.1yrs
Average Tenure
58yo
Average Age
Experienced Board: GPPL's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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
Gujarat Pipavav Port Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gujarat Pipavav Port Limited
- Ticker: GPPL
- Exchange: NSEI
- Founded: 1992
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: ₹45.443b
- Shares outstanding: 483.44m
- Website: https://www.pipavav.com
Number of Employees
Location
- Gujarat Pipavav Port Limited
- 301, Trade Centre
- Bandra Kurla Complex
- Mumbai
- Maharashtra
- 400098
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GPPL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Sep 2010 |
| 533248 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Sep 2010 |
Biography
Gujarat Pipavav Port Limited engages in the construction, operation, and maintenance of port at Pipavav in Gujarat, India. It provides port services, including marine services, berth hire, wharfage, contai...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/02 12:10 |
| End of Day Share Price | 2020/12/02 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.