So forward pe would be 47 and 23 for fy25 and fy26
Posts tagged Value Pickr
Maharashtra seamless-a value plus cyclical play (19-06-2024)
Much appreciated, thank you.
Investing Basics – Feel free to ask the most basic questions (19-06-2024)
Triveni Engineering & Industries Limited allocates capital across its various business segments, including sugar, power, water, and engineered-to-order (ETO) products. The company recently acquired a 25.43% stake in Sir Shadi Lal Enterprises Limited, reflecting its strategy of diversifying and strengthening its portfolio. Their investment strategy focuses on enhancing business profitability while maintaining inclusive growth for all stakeholders, including customers, farmer associates, and investors
(Triveni Engineering & Industries : INVESTOR PRESENTATIONQ3 FY 24 - MarketScreener) (Triveni Engineering & Industries : INVESTOR PRESENTATIONQ3 FY 24 - MarketScreener). For more detailed information, you can refer to their official website.
Sanghvi Movers (19-06-2024)
I don’t understand all the fuss over margin dilution due to foray into EPC business which has lower margins than Crane rentals business. The following points should be taken into consideration.
- Margin expansion/contraction is not the only value driving factor in this case.
- Increase in ROE is possible with a lower margin business if additional Capex is not required (which is the case in EPC here).
- Rentals business has high margin but also has high depreciation, depreciation is not an element in EPC business.
- Ultimately PAT growth matters which may come from EPC without affecting the crane rentals business and without equity dilution.
Rajesh’s portfolio (19-06-2024)
aye, never looked this way. always chased value and overlooked growth and momentum. this is the reason gensol, KP and bondada are running like this. thank you once again.
Sanghvi Movers (19-06-2024)
Where was this information published that ACE is doing sort of JV with Kato?
Samhi Hotels – Turnaround with Tailwinds (19-06-2024)
FY25: 4.2 and FY26: 8.5 sort of numbers
Samhi Hotels – Turnaround with Tailwinds (19-06-2024)
So what would be forward eps?
The HS Portfolio (19-06-2024)
Was just looking at Differentials between US listed companies and the Indian subs of the same for research purposes over the last week.
Cummins Inc
Market Cap: $37 B
Revenue: $32 B
Net Income: $1.94 B
ROE: 19.6%
P/S: 1.3
PE: 18
Cummins India
Market Cap: $12B
Revenue: ~$1.1 B
PAT: ~$200 Million (other income of $50 million)
ROE: 28.8%
P/S: 12
PE: 63
Yes, Indian sub is growing faster at 30% vs 10% but P/S and PE are out of whack. And historical PE ratio is approximately 32. Yes, I know about CPCB4 series on engines.
Same story for ABB, Siemens, Hitachi and others where Indian subs are at PE of 80/100/120 vs Main company at sub 20 PE. The entire cap good space is indefensible in terms of pricing. Below I have attached chart for NSE MNC index PE ratio
The Green line refers to PE ratio and is almost touching 50 now. Would love alternative comments on this.
Samhi Hotels – Turnaround with Tailwinds (19-06-2024)
Got my hands on a report from Kotak, the revenue growth in FY2025 can be higher, as they have acquired additional ~950 keys and adjusted revenue for FY2024 was ~1050 crores. So my assumption is in FY2024 they may touch 125 crore to 150 crore in PAT, considering they will be saving 30 crores in ESOP expenses and the money they spent last year on integration of the additional ~950 rooms.