TCI Express
Market Cap
₹20.8b
Last Updated
2020/04/01 14:26 UTC
Data Sources
Company Financials
Executive Summary
TCI Express Limited provides express delivery solutions in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with excellent balance sheet.
Share Price & News
How has TCI Express's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TCIEXP's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.9%
TCIEXP
4.6%
IN Logistics
1.4%
IN Market
1 Year Return
-23.8%
TCIEXP
-46.7%
IN Logistics
-30.7%
IN Market
Return vs Industry: TCIEXP exceeded the Indian Logistics industry which returned -47% over the past year.
Return vs Market: TCIEXP exceeded the Indian Market which returned -29.6% over the past year.
Shareholder returns
| TCIEXP | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | 4.6% | 1.4% |
| 30 Day | -34.1% | -34.8% | -24.8% |
| 90 Day | -25.7% | -32.1% | -30.6% |
| 1 Year | -23.3%-23.8% | -46.2%-46.7% | -29.3%-30.7% |
| 3 Year | 37.1%34.8% | -53.1%-54.3% | -18.1%-22.6% |
| 5 Year | n/a | -67.8%-68.9% | -7.2%-12.2% |
Price Volatility Vs. Market
How volatile is TCI Express's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Sliding Share Price Has Us Looking At TCI Express Limited's (NSE:TCIEXP) P/E Ratio2 weeks ago | Simply Wall St
Here's What We Like About TCI Express Limited's (NSE:TCIEXP) Upcoming Dividend3 weeks ago | Simply Wall St
What Does TCI Express Limited's (NSE:TCIEXP) P/E Ratio Tell You?Valuation
Is TCI Express undervalued compared to its fair value and its price relative to the market?
22.68x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TCIEXP (₹543.05) is trading above our estimate of fair value (₹141.6)
Significantly Below Fair Value: TCIEXP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TCIEXP is poor value based on its PE Ratio (22.7x) compared to the Logistics industry average (10.2x).
PE vs Market: TCIEXP is poor value based on its PE Ratio (22.7x) compared to the Indian market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TCIEXP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TCIEXP is overvalued based on its PB Ratio (6.9x) compared to the IN Logistics industry average (0.7x).
Next Steps
Future Growth
How is TCI Express forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
58.3%
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 TCI Express 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.
Next Steps
- Check out TCI Express's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- TCI Express competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
Past Performance
How has TCI Express performed over the past 5 years?
43.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCIEXP has high quality earnings.
Growing Profit Margin: TCIEXP's current net profit margins (8.7%) are higher than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: TCIEXP has become profitable over the past 5 years, growing earnings by 43.5% per year.
Accelerating Growth: TCIEXP's earnings growth over the past year (33.3%) is below its 5-year average (43.5% per year).
Earnings vs Industry: TCIEXP earnings growth over the past year (33.3%) exceeded the Logistics industry -1.9%.
Return on Equity
High ROE: TCIEXP's Return on Equity (29.6%) is considered high.
Next Steps
Financial Health
How is TCI Express's financial position?
Financial Position Analysis
Short Term Liabilities: TCIEXP's short term assets (₹2.2B) exceed its short term liabilities (₹955.2M).
Long Term Liabilities: TCIEXP's short term assets (₹2.2B) exceed its long term liabilities (₹65.9M).
Debt to Equity History and Analysis
Debt Level: TCIEXP's debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TCIEXP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TCIEXP's debt is well covered by operating cash flow (2021.6%).
Interest Coverage: TCIEXP's interest payments on its debt are well covered by EBIT (195.4x coverage).
Balance Sheet
Inventory Level: TCIEXP has a high level of physical assets or inventory.
Debt Coverage by Assets: TCIEXP's debt is covered by short term assets (assets are 62.4x debt).
Next Steps
Dividend
What is TCI Express's current dividend yield, its reliability and sustainability?
0.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TCIEXP's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.94%).
High Dividend: TCIEXP's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TCIEXP has been paying a dividend for less than 10 years.
Growing Dividend: TCIEXP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15%), TCIEXP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average board tenure
CEO
Phool Sharma (57yo)
no data
Tenure
₹40,682,000
Compensation
Mr. Phool Chand Sharma, AMP, has been the Chief Executive Officer & President of TCI EXPRESS at Transport Corporation of India Limited since October 3, 2016. Mr. Sharma serves as Chief Executive Officer of ...
CEO Compensation Analysis
Compensation vs Market: Phool's total compensation ($USD540.27K) is above average for companies of similar size in the Indian market ($USD337.71K).
Compensation vs Earnings: Phool's compensation has increased by more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Whole Time Director | no data | ₹40.68m | 0.092% ₹19.3m | |
| MD & Executive Director | 4.5yrs | ₹65.55m | 3.36% ₹699.3m | |
| Independent Director | 3.67yrs | ₹680.00k | no data | |
| Non-Executive Director | 4.5yrs | ₹500.00k | 2.62% ₹545.2m | |
| Chairman | no data | ₹500.00k | 12.65% ₹2.6b | |
| Independent Director | 3.67yrs | ₹745.00k | no data | |
| Independent Director | 3.67yrs | ₹500.00k | no data | |
| Independent Director | 3.25yrs | ₹500.00k | no data |
3.7yrs
Average Tenure
61yo
Average Age
Experienced Board: TCIEXP's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TCIEXP insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TCI Express Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: TCI Express Limited
- Ticker: TCIEXP
- Exchange: NSEI
- Founded: 1996
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: ₹20.829b
- Shares outstanding: 38.36m
- Website: https://www.tciexpress.in
Number of Employees
Location
- TCI Express Limited
- TCI House
- 69, Institutional Area
- Gurugram
- Haryana
- 122001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TCIEXP | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 2016 |
| 540212 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2016 |
Biography
TCI Express Limited provides express delivery solutions in India and internationally. The company provides services, including surface express; reverse express; domestic and international air express; and e-commerce express for the automotive, pharmaceutical, retail, engineering, apparel, e-commerce, and other industries. It has approximately 40,000 pickup and delivery points with approximately 5,000 containerized vehicles. The company was formerly known as TCI Properties (Pune) Limited. TCI Express Limited was founded in 1996 and is based in Gurugram, India.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/01 14:26 |
| End of Day Share Price | 2020/04/01 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.