Industry What

drivers/ Company products/services How is

No Industry Future name they sell management
Reliance
HPCL
BPCL
ONGC

State Bank of
India
Axis Bank
HDFC Bank

Asian Paints
Maruti Suzuki

Polson
 Net profit
Revenus margin
Competitive growth of last average for Dividend
advantage 5 years last 5 years Divident Ratio Yield EPS
P/E Ratio
Company name
Industry
Products & Services

Round-1
Year
Revenues
Revenues growth %
Average Growth%
Profit after tax
Profit after tax growth %
Average profit %
Result

Round-2
Current Market price (average for year)

EPS

EPS growth rate

P/E

Intrinsic P/E (Averge P/E)

P/E growth rate
Best case P/E
Industry P/E

Intrinsic value
Most optimistic value

PEG Ratio (less than 1 is good)

Result

Round-3

Book Value of share

Price to Book Ratio ( upto 3 is ok, ideally should be
less than 1)
Industry P/B

ROE (should be minimum 15%)

Industry ROE
Debt to Equiy ratio (0.5 to 2 ok; less than 0.5
excellent)
Industry D/E ratio

Price to sales ratio (PSR) ( less than 1.5 is ok; less

than 2 is tolerable)

Free cash flow

Free cash flow ratio (free/operating) ( above 50% is very good)

Round-4

Investment period
Current
 Round-1
2018 2017 2016 2015 2014 2013 2012 2010
100 90 80 70 60 50 40 30
11% 13% 14% 17% 20% 25% 33% 20%
20%
25 24 20 15 13 12 11 10
4% 20% 33% 15% 8% 9% 10% 11%
16%

Round-2
500.00 400.00 300.00 200.00 100.00 50.00 40.00 30.00

44.92 36.53 27.87 21.12 15.65 10.24 7.02 3.46

0.53 1.53

11.13 10.95 10.76 9.47 6.39 4.88 5.70 8.67

8.70
0.01 1.01
11.26

391.01
505.99

0.17

Round-3

300.00

1.67

0.15
% is very good)

mon
2009 2008
25 20
25%

9 7
29%

20.00 10.00

2.20 1.00

9.09 10.00

2.788
Company name
Industry
Products & Services

Round-1
Year 2017 2016 2015
Revenues 401626 314825 286052
Revenues growth % 28% 10% 0%
Average Growth% 13%
Profit after tax 29901 29745 23566
Profit after tax growth % 1% 26% 5%
Average profit % 7%
Result

Round-2
Current Market price (average for
year) 500.00 400.00 300.00

EPS 44.92 36.53 27.87

EPS growth rate 0.53 1.53

P/E 11.13 10.95 10.76

Intrinsic P/E (Averge P/E) 8.70

P/E growth rate 0.01 1.01
Best case P/E 11.26
Industry P/E 24.00

Intrinsic value 391.01

Most optimistic value 505.99

PEG Ratio (less than 1 is good) 0.17

Result

Round-3

Book Value of share 300.00

Price to Book Ratio ( upto 3 is ok,
ideally should be less than 1) 1.67
Industry P/B

ROE (should be minimum 15%) 0.15

Industry ROE

Debt to Equiy ratio (0.5 to 2 ok;

less than 0.5 excellent)
Industry D/E ratio
Price to sales ratio (PSR) ( less
than 1.5 is ok; less than 2 is
tolerable)

Free cash flow

Free cash flow ratio (free/operating) ( above 50% is very good)

Round-4

Investment period
Current
Round-1
2014 2013 2012 2011 2010 2009 2008
286052 384048 443461 364695 268354 206214 152630
-26% -13% 22% 36% 30% 35%

22493 20879 19724 19294 24439 14896 19580

8% 6% 2% -21% 64% -24%

Round-2

200.00 100.00 50.00 40.00 30.00 20.00 10.00

21.12 15.65 10.24 7.02 3.46 2.20 1.00

9.47 6.39 4.88 5.70 8.67 9.09 10.00

Round-3
ry good)

mon
Year 2017 2016 2015 2014 2013 2012 2011 2010
Revenues 401626 314825 286052 286052 384048 443461 364695 268354
Average Prof 29901 29745 23566 22493 20879 19724 19294 24439

Chart Title
500000
450000
400000
350000
300000
250000
200000
150000
100000
50000
0
1 2 3 4 5 6 7 8 9
Revenues Avera ge Profit

2.788
 2009 2008
206214 152630
14896 19580

8 9 10