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Gujarat Pipavav Port

Market Cap

₹48.9b

Last Updated

2021/04/10 12:09 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


Snowflake Analysis

Flawless balance sheet and fair value.

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 +/- 5% a week.

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


Market Performance


7 Day Return

1.3%

GPPL

10.0%

IN Infrastructure

1.0%

IN Market


1 Year Return

88.5%

GPPL

186.9%

IN Infrastructure

72.1%

IN Market

Return vs Industry: GPPL underperformed the Indian Infrastructure industry which returned 186.9% over the past year.

Return vs Market: GPPL exceeded the Indian Market which returned 72.1% over the past year.


Shareholder returns

GPPLIndustryMarket
7 Day1.3%10.0%1.0%
30 Day-2.6%6.8%0.1%
90 Day5.9%46.6%6.7%
1 Year101.8%88.5%187.9%186.9%74.8%72.1%
3 Year-15.3%-26.8%83.8%79.4%28.1%21.7%
5 Year-30.8%-43.1%174.1%161.8%87.1%72.8%

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

Valuation

Is Gujarat Pipavav Port undervalued compared to its fair value and its price relative to the market?

0.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GPPL (₹101.2) is trading below our estimate of fair value (₹102.1)

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


Price To Earnings Ratio

PE vs Industry: GPPL is good value based on its PE Ratio (23.2x) compared to the IN Infrastructure industry average (32.8x).

PE vs Market: GPPL is poor value based on its PE Ratio (23.2x) compared to the Indian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: GPPL is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: GPPL is overvalued based on its PB Ratio (2.2x) compared to the IN Infrastructure industry average (0.3x).


Future Growth

How is Gujarat Pipavav Port forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

30.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPPL's forecast earnings growth (30% per year) is above the savings rate (7%).

Earnings vs Market: GPPL's earnings (30% per year) are forecast to grow faster than the Indian market (24.5% per year).

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

Revenue vs Market: GPPL's revenue (10.9% per year) is forecast to grow slower than the Indian market (14% per year).

High Growth Revenue: GPPL's revenue (10.9% 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 (13.8%).


Past Performance

How has Gujarat Pipavav Port performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPPL has high quality earnings.

Growing Profit Margin: GPPL's current net profit margins (30%) are lower than last year (42.9%).


Past Earnings Growth Analysis

Earnings Trend: GPPL's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: GPPL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GPPL had negative earnings growth (-34.8%) over the past year, making it difficult to compare to the Infrastructure industry average (-44.1%).


Return on Equity

High ROE: GPPL's Return on Equity (9.5%) is considered low.


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


Dividend

What is Gujarat Pipavav Port current dividend yield, its reliability and sustainability?

6.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GPPL's dividend (6.92%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: GPPL's dividend (6.92%) is in the top 25% of dividend payers in the Indian market (1.83%)


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 (128.5%), 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 (83.7% payout ratio).


Next Steps

Management

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

7.2yrs

Average management tenure


CEO

Jakob Sorensen

1.25yrs

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 ($USD404.03K) is about average for companies of similar size in the Indian market ($USD387.07K).

Compensation vs Earnings: Insufficient data to compare Jakob's compensation with company performance.


Leadership Team

Experienced Management: GPPL's management team is seasoned and experienced (7.2 years average tenure).


Board Members

Experienced Board: GPPL's board of directors are not considered experienced ( 1.4 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: ₹48.924b
  • Shares outstanding: 483.44m
  • Website: https://www.pipavav.com

Number of Employees


Location

  • Gujarat Pipavav Port Limited
  • 504, Godrej Two
  • 5th Floor
  • Mumbai
  • Maharashtra
  • 400079
  • India

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/10 12:09
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.