Shriram Transport Finance Company's intrinsic value using Intellectual Capital analysis

Shriram Transport Finance Company

BSE : 511218

|

NSE : SRTRANSFIN

Industry : Finance Leasing

|

ISIN : INE721A01013

|

FreeFloat : 75.00%

|

FnO : Yes

|

LotSize : 800

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Intellectual Capital (IC)	15,465.62
Net Worth (NW)	21,717.29
Intrinsic Worth (IW)	37,182.91
Market Cap (MC)	35,992.94
Economic Value Added	-923.74

Discount Rate	%
Liquidity Premium	%

Knowledge Basis (IC/IW)	41.59%
IC Gross Margin (EBITDA/IC)	82.59%
IC Net Margin (NPT/IC)	16.16%
Knowledge Turnover (Sales/IC)	1.16
Market to Intrinsic Value (MC/IW)	0.97

As Of	Intrinsic Value	Market Price
31 Mar 2021	Rs. 1,469.32	Rs. 1,422.30
22 Jun 2021	-	Rs. 1,371.70

Fundamental - medium term		Technical - near term		Combined outlook
EVA > 0 : No	Sell	10 DMA : Rs. 1,428.99	Sell	Strong Sell
KB > 50% : No		50 DMA : Rs. 1,394.29
0 < M2IV < 1 : Yes		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

Jun-18
S
3732.45
3739.85
2744.40
2734.51
883.04
572.90
571.72

Sep-18
S
3937.99
3947.76
2798.58
2787.90
939.03
609.58
609.51

Dec-18
S
3991.09
3993.40
2913.52
2902.63
983.94
635.45
634.19

Mar-19
S
3871.33
3880.43
2872.22
2860.71
972.24
746.04
746.23

Jun-19
S
4053.85
4061.65
3058.16
3024.72
981.58
634.25
631.24

Sep-19
S
4217.54
4219.82
3075.87
3040.27
926.87
765.05
763.63

Dec-19
S
4286.04
4288.20
3341.91
3305.61
1186.32
879.16
879.71

Mar-20
S
4168.42
4173.04
2538.46
2502.75
343.90
223.38
222.52

Jun-20
S
4140.91
4144.70
2733.80
2697.80
430.58
320.06
128.61

Sep-20
S
4347.75
4351.26
3215.39
3183.35
920.42
684.56
705.22

Dec-20
S
4438.37
4443.12
3262.10
3225.26
989.00
733.97
793.43

Mar-21
S
4493.97
4497.87
3258.35
3225.87
938.02
754.93
772.44

* C - Consolidated, S - Standalone