Mehabe score: 6 G Factor: 5 Piotski Score: 8 The stock has a rating . The mehabe team score is reflective of its fundamental and technical merits. A rating above 8 is considered good buy. The stock has a G-Factor of 5 and Piotski score of 8.
Description
The company is mutual funds transfer agency. It provides investor services, distributor services and asset management companies (AMC) services.Site:CAMS
Market Cap:
Rs 13,580 cr
Price:
2781.0
Trading pe:
62.0x
Book-value:
96.2/share
Div yield:
0.94 %
Earning yield:
2.09%
Face-value:
10.0/share
52week high:
2945.00
52week low:
1260.00
Technical Analysis
Stock trades at 2781.0, above its 50dma 2398.61. It also trades above its 200dma 1916.4. The stock remains bullish on techicals
The 52 week high is at 2945.00 and the 52week low is at 1260.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
– has a good return on equity (ROE) track record: 3 Years ROE 36.54%
– has been maintaining a healthy dividend payout of 91.46%
Weakness
– Stock is trading at 28.91 times its book value
-The company has delivered a poor sales growth of 8.82% over past five years.
Competition
– The industry trades at a mean P/E of 27.4x. Jubilant Ingrevia trades at the industry’s max P/E of 138.58x. CAMS trades at a P/E of 62.0x
– Industry’s mean G-Factor is 4.3 while the mean Piotski score is 9.0. CAMS has a G-Factor of 5 and Piotski scoreof 8.
– Average 1 month return for industry is 11.5%. The max 1- month return was given by Gujarat Gas: a return of 28.53 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 189.0 cr compared to Rs 164.0 cr for period ended Mar 2020, a rise of 15.2%
Operating Profits reported at Rs 79.0 cr for period ended Mar 2021 vis-vis 71.0 for period ended Mar 2020 .
Operating Margins contracted -149.4 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs 10.9 compared to Rs 15.23 for previous quarter ended Dec 2020 and Rs 8.25 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 674.0 cr for period ended Mar 2021 vis-vis sales of Rs 661.0 cr for the period ended Mar 2020, a growth of 1.9%. The 3 year sales cagr stood at 3.6%.
Operating margins expanded to 40.0% for period ended Mar 2021 vis-vis 39.0% for period ended Mar 2020, expansion of 100.0 bps.
Net Profit reported at Rs 219.0 cr for period ended Mar 2021 vis-vis sales of Rs 164.0 cr for the period ended Mar 2020, rising 25.1%.
Company recorded a healthy Net Profit CAGR of 11.0% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 237.0 cr for period ended Mar 2021 vis-vis Rs 180.0 cr for period ended Mar 2020
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The company has improved its Return on Equity (RoE) metric. The RoE on Last Year basis was 46.0% compared to 37.0% over the last 3 Years. – The stock has given a return of % on a 1 Year basis vis-vis a return of % over the last 3 Years. – The compounded sales growth on a TTM bassis is 2% vis-vis a compounded sales growth of 4% over the last 3 Years. – The compounded profit growth on a TTM basis is 38% vis-vis a compounded profit growth of 12% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Mar 2021 fii holding stood at 23.99% vis-vis 22.14% for Dec 2020 – Public shareholding has remained largely constant. The Mar 2021 public holding stood at 21.0% vis-vis 20.61% for Dec 2020
Conclusion
– is almost debt free.
– has a good return on equity (ROE) track record: 3 Years ROE 36.54%
– has been maintaining a healthy dividend payout of 91.46% – Stock is trading at 28.91 times its book value
-The company has delivered a poor sales growth of 8.82% over past five years.
