| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
NECCLTD 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
| Historical stock prices | |
|---|---|
| Current Share Price | ₹25.50 |
| 52 Week High | ₹37.95 |
| 52 Week Low | ₹14.00 |
| Beta | 1.46 |
| 1 Month Change | -7.10% |
| 3 Month Change | -21.54% |
| 1 Year Change | 60.88% |
| 3 Year Change | 277.78% |
| 5 Year Change | -44.63% |
| Change since IPO | -46.88% |
Recent News & Updates
Does North Eastern Carrying (NSE:NECCLTD) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
North Eastern Carrying (NSE:NECCLTD) Could Be Struggling To Allocate Capital
If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Shareholder Returns
| NECCLTD | IN Transportation | IN Market | |
|---|---|---|---|
| 7D | 9.2% | 2.2% | 3.0% |
| 1Y | 60.9% | -2.4% | 0.3% |
Return vs Industry: NECCLTD exceeded the Indian Transportation industry which returned -1.6% over the past year.
Return vs Market: NECCLTD exceeded the Indian Market which returned 0.6% over the past year.
Price Volatility
| NECCLTD volatility | |
|---|---|
| NECCLTD Average Weekly Movement | 7.3% |
| Transportation Industry Average Movement | 7.0% |
| Market Average Movement | 7.0% |
| 10% most volatile stocks in IN Market | 9.9% |
| 10% least volatile stocks in IN Market | 4.5% |
Stable Share Price: NECCLTD is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NECCLTD's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 485 | Sunil Jain | https://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
| NECCLTD fundamental statistics | |
|---|---|
| Market Cap | ₹1.28b |
| Earnings (TTM) | ₹42.58m |
| Revenue (TTM) | ₹2.50b |
29.9x
P/E Ratio0.5x
P/S RatioIs NECCLTD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NECCLTD 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 Margin | 12.41% |
| Net Profit Margin | 1.70% |
| Debt/Equity Ratio | 102.0% |
How did NECCLTD perform over the long term?
See historical performance and comparisonValuation
Is NECCLTD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation 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
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NECCLTD?
Other financial metrics that can be useful for relative valuation.
| What is NECCLTD's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹1.28b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 14.3x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does NECCLTD's PE Ratio compare to its peers?
| NECCLTD PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 56x | ||
541206 Orissa Bengal Carrier | 32.5x | n/a | ₹2.5b |
DRSDILIP DRS Dilip Roadlines | 24.1x | n/a | ₹1.1b |
GICL Globe International Carriers | 55.7x | n/a | ₹800.4m |
531977 Chartered Logistics | 111.7x | n/a | ₹610.9m |
NECCLTD North Eastern Carrying | 29.9x | n/a | ₹1.3b |
Price-To-Earnings vs Peers: NECCLTD is good value based on its Price-To-Earnings Ratio (29.9x) compared to the peer average (56x).
Price to Earnings Ratio vs Industry
How does NECCLTD's PE Ratio compare vs other companies in the Asian Transportation Industry?
Price-To-Earnings vs Industry: NECCLTD is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the Indian Transportation industry average (26.7x)
Price to Earnings Ratio vs Fair Ratio
What is NECCLTD'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 29.9x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NECCLTD's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NECCLTD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate NECCLTD's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate NECCLTD's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NECCLTD's PEG Ratio to determine if it is good value.
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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
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
26.5%
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.
Discover growth companies
- Check out North Eastern Carrying's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- North Eastern Carrying competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has North Eastern Carrying performed over the past 5 years?
Past Performance Score
4/6Past 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: NECCLTD has high quality earnings.
Growing Profit Margin: NECCLTD's current net profit margins (1.7%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: NECCLTD's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: NECCLTD's earnings growth over the past year (197.7%) exceeds its 5-year average (-3.9% per year).
Earnings vs Industry: NECCLTD earnings growth over the past year (197.7%) exceeded the Transportation industry 118%.
Return on Equity
High ROE: NECCLTD'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
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NECCLTD's short term assets (₹2.0B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: NECCLTD's short term assets (₹2.0B) exceed its long term liabilities (₹54.0M).
Debt to Equity History and Analysis
Debt Level: NECCLTD's net debt to equity ratio (94.3%) is considered high.
Reducing Debt: NECCLTD's debt to equity ratio has reduced from 106.2% to 102% over the past 5 years.
Debt Coverage: NECCLTD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NECCLTD'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
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NECCLTD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NECCLTD'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 NECCLTD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NECCLTD'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 NECCLTD has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
11.9yrs
Average board tenure
CEO
Sunil Jain (59 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 ($USD60.75K) is above average for companies of similar size in the Indian market ($USD38.25K).
Compensation vs Earnings: Sunil's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: NECCLTD's board of directors are seasoned and experienced ( 11.9 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: NECCLTD
- Exchange: NSEI
- Founded: 1984
- Industry: Trucking
- Sector: Transportation
- Implied Market Cap: ₹1.275b
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/29 00:00 |
| End of Day Share Price | 2022/06/29 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.