Apex Frozen Foods Ltd - Stock Valuation and Financial Performance

BSE: 540692 | NSE: APEX | Aquaculture | Small Cap

Apex Frozen Foods Share Price

196.35 0.70 0.36%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Apex Frozen Foods

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Apex Frozen Foods stock performance -

mw4me loader
P/E Ratio (SA):
55.88
Market Cap:
611.4 Cr.
52-wk low:
185
52-wk high:
285.4

Is Apex Frozen Foods Ltd an attractive stock to invest in?

1. Is Apex Frozen Foods Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Apex Frozen Foods Ltd is a average quality company.

2. Is Apex Frozen Foods Ltd undervalued or overvalued?

The key valuation ratios of Apex Frozen Foods Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Apex Frozen Foods Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Apex Frozen Foods Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Apex Frozen Foods:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Apex Frozen Foods Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 18.6%16.6%15.5%17.6%23.9%12.2%11%8.8%8%7.6%-
Value Creation
Index
0.30.20.10.30.7-0.1-0.2-0.4-0.4-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5145996046999998758278189261,070854
Sales YoY Gr.-16.6%0.7%15.8%42.9%-12.4%-5.4%-1%13.2%15.6%-
Adj EPS 6.76.36.710.521.315.115.412.71211.53.5
YoY Gr.--6.4%6.5%56.7%103.3%-28.9%1.5%-17.4%-5.5%-4.3%-
BVPS (₹) 18.923.331.445.696.7113.6126.7140.7149.9156.8161.6
Adj Net
Profit
13.415.11625.166.547.34839.637.535.811
Cash Flow from Ops. 9.412.337.414.4334958.312.935.5121-
Debt/CF from Ops. 8.47.32.17.72.62.22.5134.70.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.5%1.4%9%15.6%
Adj EPS 6.2%-11.6%-9.3%-4.3%
BVPS26.5%10.1%7.4%4.6%
Share Price - -10.4% -1.4% 5.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
43.132.124.427.232.314.412.89.58.37.52.2
Op. Profit
Mgn %
6.35.56.76.41110.210.511.19.37.85.6
Net Profit
Mgn %
2.62.52.73.66.75.45.84.843.41.3
Debt to
Equity
2.11.61.110.30.30.40.40.40.2-
Working Cap
Days
576368797710413315915612969
Cash Conv.
Cycle
4247525146648510911710047

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 2.20%

Sales growth has been subdued in last 3 years 8.97%

Net Profit has been subdued in last 3 years -9.28%

Sales growth is not so good in last 4 quarters at -18.38%

Latest Financials - Apex Frozen Foods Ltd.

Standalone Consolidated
TTM EPS (₹) 3.5 -
TTM Sales (₹ Cr.) 854 -
BVPS (₹.) 161.6 -
Reserves (₹ Cr.) 474 -
P/BV 1.21 -
PE 55.88 -
From the Market
52 Week Low / High (₹) 185.00 / 285.40
All Time Low / High (₹) 132.05 / 941.40
Market Cap (₹ Cr.) 611
Equity (₹ Cr.) 31.3
Face Value (₹) 10
Industry PE 43.4

Management X-Ray of Apex Frozen Foods:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Apex Frozen Foods

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales5145996046999998758278189261,070
Operating Expenses 482566563654889785740728840987
Manufacturing Costs36425869989078858990
Material Costs389476451532703581574553615742
Employee Cost 17201820344439363842
Other Costs 392936345471495397114
Operating Profit 333340441109087918683
Operating Profit Margin (%) 6.3%5.5%6.7%6.3%11.0%10.2%10.5%11.1%9.3%7.8%
Other Income 05511202219862
Interest 81010119711161715
Depreciation 505691115221919
Exceptional Items 0000000000
Profit Before Tax 202830371139481615651
Tax 7101012333320161515
Profit After Tax 13181925796161444136
PAT Margin (%) 2.6%3.1%3.2%3.6%7.9%7.0%7.3%5.4%4.4%3.4%
Adjusted EPS (₹)5.67.78.010.525.319.519.414.213.111.5
Dividend Payout Ratio (%)0%0%0%10%8%10%10%14%19%22%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 385675109302355396440468490
Share Capital 20242424313131313131
Reserves 18325185271324365409437459
Minority Interest0000000000
Debt7787761068110314416616589
Long Term Debt1591221872428293
Short Term Debt63786485729612013813686
Trade Payables16111631273145302117
Others Liabilities 9111131181738192318
Total Liabilities 140165179277428507623654678614

Fixed Assets

Gross Block476068102138152331323328348
Accumulated Depreciation7812192737517392106
Net Fixed Assets40525583111115280250236242
CWIP 0081211163152218
Investments 0000000000
Inventories51506064102106184161203180
Trade Receivables34504183679479151132112
Cash Equivalents 3225647710810
Others Assets12111342626970677751
Total Assets 140165179277428507623654678614

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 91237143349581336121
PBT 202830371139481615651
Adjustment 13101520101626193841
Changes in Working Capital -16-173-30-46-28-33-58-4751
Tax Paid -8-8-10-13-43-33-16-8-12-21
Cash Flow From Investing Activity -17-12-16-29-58-114-44-14-10-22
Capex -18-12-16-27-57-109-38-13-11-21
Net Investments 000000000-1
Others 200-2-1-5-6-101
Cash Flow From Financing Activity 80-2117857-144-27-99
Net Proceeds from Shares 000011800000
Net Proceeds from Borrowing 8-5300000-3-26
Interest Paid -8-10-10-10-7-5-9-15-17-15
Dividend Paid 000-30-8-150-6-8
Others 815-1430-252011180-50
Net Cash Flow 000360-5813-21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)43.1339.1329.3827.2138.4218.516.1510.69.047.49
ROCE (%)27.828.5826.7226.0239.9323.5618.1613.2911.8410.75
Asset Turnover Ratio4.383.923.513.072.841.871.461.281.391.66
PAT to CFO Conversion(x)0.690.671.950.560.420.80.950.30.883.36
Working Capital Days
Receivable Days25262832273438515642
Inventory Days26313332304364777265
Payable Days1011111615182425159

Apex Frozen Foods Ltd Stock News

Apex Frozen Foods Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Apex Frozen Foods on 28-Mar-2024 16:01 is ₹196.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Apex Frozen Foods stood at ₹611.4.
The latest P/E ratio of Apex Frozen Foods as of 28-Mar-2024 16:01 is 55.88.
The latest P/B ratio of Apex Frozen Foods as of 28-Mar-2024 16:01 is 1.21.
The 52-week high of Apex Frozen Foods is ₹285.4 and the 52-week low is ₹185.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Apex Frozen Foods is ₹854.3 ( Cr.) .

About Apex Frozen Foods Ltd

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