SBI Life Insurance's intrinsic value using Intellectual Capital analysis

SBI Life Insurance

BSE : 540719

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NSE : SBILIFE

Industry : Insurance

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ISIN : INE123W01016

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FreeFloat : 15.00%

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FnO : No

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LotSize : N/A

BSE SENSEX 50 | Nifty 50 | Nifty50 Equal Weight | BSE 100 | BSE 100 Largecap TMC | BSE 200 | BSE 250 LargeMidcap | BSE Largecap | BSE LargeMidcap | Nifty 100 | Nifty 200 | Nifty LargeMidcap 250 | Nifty100 Equal Weight | Nifty Financial Services | Nifty Financial Services 25/50 | BSE Momentum | BSE CARBONEX | BSE Diversfied Financials Rev Growth | Nifty Services Sector

Intellectual Capital (IC)	17,132.05
Net Worth (NW)	10,133.23
Intrinsic Worth (IW)	27,265.28
Market Cap (MC)	90,430.30
Economic Value Added	-111.75

Discount Rate	%
Liquidity Premium	%

Knowledge Basis (IC/IW)	62.83%
IC Gross Margin (EBITDA/IC)	7.66%
IC Net Margin (NPT/IC)	7.76%
Knowledge Turnover (Sales/IC)	2.93
Market to Intrinsic Value (MC/IW)	3.32

As Of	Intrinsic Value	Market Price
31 Dec 2020	Rs. 272.64	Rs. 904.25
22 Jan 2021	-	Rs. 862.55

Fundamental - medium term		Technical - near term		Combined outlook
EVA > 0 : No	Sell	10 DMA : Rs. 905.81	Sell	Strong Sell
KB > 50% : Yes		50 DMA : Rs. 873.95
0 < M2IV < 1 : No		Vol-Price trend : Falling

Question 3 - Is this stock undervalued?

Question 2 - Does this business have significant knowledge assets?

Question 1 - Is this business generating enough profits to cover its cost of capital?

* EVA is a registered trademark of Stern Stewart and Co.

Quarterly Results (Rs. Cr)

Quarter

Type*

Sales

Income

EBITDA

EBIT

PBT

PAT

NPT

Mar-18
S
9236.70
10052.32
389.15
389.15
389.15
381.21
381.21

Jun-18
S
4754.52
6865.52
363.25
363.25
363.25
354.31
354.31

Sep-18
S
7661.55
9638.27
256.41
256.41
256.41
250.53
250.53

Dec-18
S
9141.26
12156.39
271.27
271.27
271.27
264.28
264.28

Mar-19
S
11333.03
15600.97
481.93
481.93
481.93
457.68
457.68

Jun-19
S
9632.29
9643.51
377.84
377.84
377.84
371.90
371.90

Sep-19
S
12734.96
12745.38
119.21
119.21
119.21
129.84
129.84

Dec-19
S
15767.77
15779.05
394.91
394.91
394.91
389.77
389.77

Mar-20
S
5662.07
5674.91
521.59
521.59
521.59
530.67
530.67

Jun-20
S
7588.09
16178.05
387.68
387.68
387.68
390.89
390.89

Sep-20
S
12857.95
18458.25
299.58
299.58
299.58
299.73
299.73

Dec-20
S
13766.49
26551.90
233.08
233.08
233.08
232.85
232.85

* C - Consolidated, S - Standalone