Shree Cement's intrinsic value using Intellectual Capital analysis

Shree Cement

BSE : 500387

|

NSE : SHREECEM

Industry : Cement

|

ISIN : INE070A01015

|

FreeFloat : 25.00%

|

FnO : Yes

|

LotSize : 25

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Intellectual Capital (IC)	14,665.34
Net Worth (NW)	16,947.97
Intrinsic Worth (IW)	31,613.31
Market Cap (MC)	97,372.73
Economic Value Added	-190.20

Discount Rate	%
Liquidity Premium	%

Knowledge Basis (IC/IW)	46.39%
IC Gross Margin (EBITDA/IC)	32.25%
IC Net Margin (NPT/IC)	18.21%
Knowledge Turnover (Sales/IC)	1.00
Market to Intrinsic Value (MC/IW)	3.08

As Of	Intrinsic Value	Market Price
31 Dec 2021	Rs. 8,761.82	Rs. 26,987.45
18 May 2022	----	Rs. 22,501.30
18 May 2022	----	465.50 2.07%

Fundamental - medium term		Technical - near term		Combined outlook
EVA > 0 : No	Sell	10 DMA : Rs. 23,251.42	Accumulate	Sell on Rallies
KB > 50% : No		50 DMA : Rs. 24,084.30
0 < M2IV < 1 : No		Vol-Price trend : Rising

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-19
C
3489.35
3538.00
893.52
445.26
423.94
342.09
340.05

Jun-19
C
3302.79
3354.75
947.52
519.22
502.04
382.28
379.67

Sep-19
C
3004.45
3063.08
875.26
420.46
406.10
313.30
310.62

Dec-19
C
3146.01
3211.65
879.59
419.55
409.76
311.83
309.63

Mar-20
C
3415.14
3513.31
1154.90
690.23
616.36
536.65
656.55

Jun-20
C
2480.14
2606.58
814.39
514.24
442.65
330.35
318.33

Sep-20
C
3249.93
3353.33
1103.13
793.41
729.51
527.87
466.59

Dec-20
C
3541.38
3649.38
1233.92
911.66
852.14
631.58
610.09

Mar-21
C
4204.88
4333.37
1366.27
1036.06
979.78
799.79
813.59

Jun-21
C
3634.83
3775.94
1164.07
890.55
836.06
630.89
665.81

Sep-21
C
3373.38
3526.95
1074.53
784.20
728.65
563.94
560.18

Dec-21
C
3637.11
3750.96
959.05
673.75
619.84
482.70
491.37

* C - Consolidated, S - Standalone