Aster DM Healthcare- Stock Analysis
INVESTMENT THESIS Revised and from date of Original Publication: 16 July 2023 for news on Special Dividend ASTER DM has a unique business model with a presence in India’s growing healthcare industry and an established business with strong returns. Aster DM Healthcare has shifted its focus purely to India in the future, and we remain […]
Genus Power Infrastructure- Stock Analysis
Valuations- The company has guided for 1200 cr revenue and 16-17% margins in FY 24, at current valuations available at 4.73X Book and 36X EBDITA for FY 23. If the management fulfills its guidance, they are expected to generate around 192Cr EBITDA. Based on the company’s consistent track record of generating returns with a median […]
SULA VINEYARDS – STOCK ANALYSIS
Sula Vineyards – Industry leader with over 52% market share in the unfortified wine and 61% in the Elite and Premium segment. PEER COMPARISON INCOME STATEMENT VALUATIONS Sula Vineyards is trading at a cheap PE Multiple of 48.67, compared to its closest peers and is available at a PEG of 1.32. The company is currently […]
TITAN- STOCK ANALYSIS
INVESTMENT RATIONALE Titan Company is on track to achieve the jewelry revenue guidance of 2.5x FY22 revenue by FY27, implying an impressive CAGR of 20%. Despite Titan’s current high trading multiple of 102, there is optimism based on the potential increase in market share from the current 7% to an anticipated 10% in the jewelry […]
United Spirits Ltd. – Riding High on Market Enthusiasm
United Spirits CMP – 1046.45 An Overview of United Spirits’ Financial Performance United Spirits is a great example of how a company can make more money even when its sales grow slowly. United Spirits’ revenue has only increased by a CAGR of 3.07%. But, because United Spirits has become good at controlling its costs, its […]
All time high valuations – will lead to an all time deep fall
Note: The content of this article is suitable for investors looking to deploy capital in equities for 3-5 years, or longer. I will try to answer why I am staying away from equities these days, and why you should too. I am not a trader and do not operate any trading desk. This in no way […]
Stocks in two wheeler and three wheelers space – Valuation Overstretched
[1] Bajaj Auto – Bajaj Auto Limited (“Bajaj Auto” or the “Company”) is ranked as the world’s fourth largest three and two wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. In 2007, Bajaj Auto acquired a 14% stake in KTM that has […]
Where Investors Should Park Their Money?
Even before the Coronavirus pandemic hit the world, the global economic output was on the downward trajectory with an expectation that the recession is just around the corner. Contrary to the macroeconomic factors, the equity markets across the globe were trading at extremely high valuations. The COVID-19 broke the momentum as markets crashed resulting in […]
NIFTY PE (Price Earnings Multiple) – FAIR VALUATION STUDY
With all this talk about Nifty PE ratio and what is most likely going to be a deteriorating earning season, I decided to have a look at how expensive/ cheap each stock on the Nifty really is. Of course, in absolute numbers, now at 9,266; historically speaking, Nifty is fairly valued at a P/E multiple of 21. […]
What’s causing the narrow stock market bull run?
When I don’t know how to get attention of people, I try this: Do you know that there are more people alive today than have ever died. Yes, you can fact check this. The number of people alive on this planet today outnumber (by far) the number of people who ever died on this planet. […]