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

Shriram Transport Finance Company

BSE : 511218

|

NSE : SRTRANSFIN

Industry : Finance Leasing

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ISIN : INE721A01013

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FreeFloat : 75.00%

|

FnO : Yes

|

LotSize : 600

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Intellectual Capital (IC)	52,489.18
Net Worth (NW)	28,022.29
Intrinsic Worth (IW)	80,511.47
Market Cap (MC)	32,396.09
Economic Value Added	-665.93

Discount Rate	%
Liquidity Premium	%

Knowledge Basis (IC/IW)	65.19%
IC Gross Margin (EBITDA/IC)	29.61%
IC Net Margin (NPT/IC)	7.08%
Knowledge Turnover (Sales/IC)	0.40
Market to Intrinsic Value (MC/IW)	0.40

As Of	Intrinsic Value	Market Price
30 Sep 2022	Rs. 2,976.18	Rs. 1,197.55
29 Nov 2022	----	Rs. 1,270.30
29 Nov 2022	----	5.55 0.44%

Fundamental - medium term		Technical - near term		Combined outlook
EVA > 0 : No	Sell	10 DMA : Rs. 1,286.83	Accumulate	Sell on Rallies
KB > 50% : Yes		50 DMA : Rs. 1,236.49
0 < M2IV < 1 : Yes		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

Dec-19
C
4286.04
4288.20
3339.75
3303.45
1186.32
879.16
882.19

Mar-20
C
4168.42
4173.04
2533.84
2498.13
343.90
223.38
224.35

Jun-20
C
4140.91
4144.70
2730.01
2694.01
430.58
320.06
319.25

Sep-20
C
4347.75
4351.26
3211.88
3179.84
920.42
684.56
688.92

Dec-20
C
4438.37
4443.12
3257.35
3220.51
989.00
727.72
733.97

Mar-21
C
4493.97
4497.87
3254.45
3221.97
938.02
754.93
756.70

Jun-21
C
4648.12
4651.50
2762.16
2729.41
234.69
169.94
169.75

Sep-21
C
4697.86
4702.81
3509.25
3475.89
1040.65
774.10
764.97

Dec-21
C
4827.86
4832.33
3355.20
3320.54
923.29
686.02
724.15

Mar-22
C
5081.61
5087.59
3794.04
3759.44
1355.72
1091.23
951.11

Jun-22
C
5144.81
5149.26
3801.00
3766.06
1308.13
966.52
891.02

Sep-22
C
5347.57
5351.28
4068.81
4033.92
1443.35
1069.52
1044.19

* C - Consolidated, S - Standalone