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Enterprises

NSEI:PTL
Snowflake Description

Established dividend payer and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PTL
NSEI
₹2B
Market Cap
  1. Home
  2. IN
  3. Commercial Services
Company description

PTL Enterprises Limited engages in the lease of plant to Apollo Tyres Limited. The last earnings update was 36 days ago. More info.


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PTL Share Price and Events
7 Day Returns
-1.9%
NSEI:PTL
-1.3%
IN Commercial Services
-2.5%
IN Market
1 Year Returns
-17.3%
NSEI:PTL
-8.6%
IN Commercial Services
5%
IN Market
PTL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Enterprises (PTL) -1.9% -2.5% 3.4% -17.3% -74.7% -6.3%
IN Commercial Services -1.3% -3.8% 7.1% -8.6% 7.1% 104.3%
IN Market -2.5% -1.3% 5.7% 5% 23.4% 29.3%
1 Year Return vs Industry and Market
  • PTL underperformed the Commercial Services industry which returned -8.6% over the past year.
  • PTL underperformed the Market in India which returned 5% over the past year.
Price Volatility
PTL
Industry
5yr Volatility vs Market

PTL Value

 Is Enterprises undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Enterprises to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Enterprises.

NSEI:PTL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:PTL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.667 (1 + (1- 35%) (0%))
0.777
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (0.8 * 7.85%)
12.76%

Discounted Cash Flow Calculation for NSEI:PTL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Enterprises is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NSEI:PTL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 12.76%)
2020 237.79 Est @ -5.23% 210.88
2021 233.71 Est @ -1.72% 183.81
2022 235.44 Est @ 0.74% 164.22
2023 241.24 Est @ 2.46% 149.22
2024 250.09 Est @ 3.67% 137.19
2025 261.37 Est @ 4.51% 127.15
2026 274.71 Est @ 5.1% 118.52
2027 289.86 Est @ 5.52% 110.90
2028 306.69 Est @ 5.8% 104.06
2029 325.11 Est @ 6.01% 97.83
Present value of next 10 years cash flows ₹1,403.00
NSEI:PTL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹325.11 × (1 + 6.48%) ÷ (12.76% – 6.48%)
₹5,512.40
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹5,512.40 ÷ (1 + 12.76%)10
₹1,658.78
NSEI:PTL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹1,403.00 + ₹1,658.78
₹3,061.78
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹3,061.78 / 66.19
₹46.26
NSEI:PTL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:PTL represents 1.00425x of BSE:509220
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00425x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 46.26 x 1.00425
₹46.46
Value per share (INR) From above. ₹46.46
Current discount Discount to share price of ₹35.45
= -1 x (₹35.45 - ₹46.46) / ₹46.46
23.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Enterprises is available for.
Intrinsic value
24%
Share price is ₹35.45 vs Future cash flow value of ₹46.46
Current Discount Checks
For Enterprises to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Enterprises's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Enterprises's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Enterprises's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Enterprises's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:PTL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹5.95
BSE:509220 Share Price ** BSE (2019-12-11) in INR ₹35.3
India Commercial Services Industry PE Ratio Median Figure of 36 Publicly-Listed Commercial Services Companies 14.37x
India Market PE Ratio Median Figure of 2,636 Publicly-Listed Companies 12.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Enterprises.

NSEI:PTL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:509220 Share Price ÷ EPS (both in INR)

= 35.3 ÷ 5.95

5.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Enterprises is good value based on earnings compared to the IN Commercial Services industry average.
  • Enterprises is good value based on earnings compared to the India market.
Price based on expected Growth
Does Enterprises's expected growth come at a high price?
Raw Data
NSEI:PTL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Commercial Services Industry PEG Ratio Median Figure of 85 Publicly-Listed Commercial Services Companies 1.41x
India Market PEG Ratio Median Figure of 599 Publicly-Listed Companies 1.09x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Enterprises, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Enterprises's assets?
Raw Data
NSEI:PTL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹71.93
BSE:509220 Share Price * BSE (2019-12-11) in INR ₹35.3
India Commercial Services Industry PB Ratio Median Figure of 44 Publicly-Listed Commercial Services Companies 1.26x
India Market PB Ratio Median Figure of 3,571 Publicly-Listed Companies 0.84x
NSEI:PTL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:509220 Share Price ÷ Book Value per Share (both in INR)

= 35.3 ÷ 71.93

0.49x

* Primary Listing of Enterprises.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Enterprises is good value based on assets compared to the IN Commercial Services industry average.
X
Value checks
We assess Enterprises's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Enterprises has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PTL Future Performance

 How is Enterprises expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Enterprises has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Enterprises expected to grow at an attractive rate?
  • Unable to compare Enterprises's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Enterprises's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Enterprises's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:PTL Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 16%
Asia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
India Market Earnings Growth Rate Market Cap Weighted Average 19.8%
India Market Revenue Growth Rate Market Cap Weighted Average 11.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:PTL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:PTL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:PTL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 632 302 394
2019-06-30 632 393
2019-03-31 632 423 399
2018-12-31 632 465
2018-09-30 632 480
2018-06-30 627 490
2018-03-31 603 475 458
2017-12-31 544 407
2017-09-30 519 352
2017-06-30 500 306
2017-03-31 535 250 303

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Enterprises is high growth as no earnings estimate data is available.
  • Unable to determine if Enterprises is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:PTL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Enterprises Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PTL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:PTL Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 5.95
2019-06-30 5.93
2019-03-31 6.02
2018-12-31 7.04
2018-09-30 7.24
2018-06-30 7.42
2018-03-31 6.92
2017-12-31 6.15
2017-09-30 5.33
2017-06-30 4.62
2017-03-31 4.58

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Enterprises will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Enterprises is trading at Enterprises'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Enterprises's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Enterprises's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Enterprises's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Enterprises has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PTL Past Performance

  How has Enterprises performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Enterprises's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Enterprises's year on year earnings growth rate has been positive over the past 5 years.
  • Enterprises's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Enterprises's 1-year earnings growth is negative, it can't be compared to the IN Commercial Services industry average.
Earnings and Revenue History
Enterprises's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Enterprises Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PTL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 632.22 393.59 33.27
2019-06-30 632.22 392.74 30.16
2019-03-31 632.22 398.53 25.35
2018-12-31 632.22 465.23 13.32
2018-09-30 632.22 479.77 9.16
2018-06-30 627.03 490.26 10.86
2018-03-31 602.64 458.34 9.89
2017-12-31 543.60 407.00 4.36
2017-09-30 519.10 352.20 9.36
2017-06-30 500.10 306.10 17.56
2017-03-31 534.66 302.90 23.07
2016-03-31 4,498.27 455.05 835.17
2015-03-31 4,104.25 335.26 703.44
2014-03-31 3,038.20 242.62 1,362.72
2013-03-31 2,580.42 171.15 1,159.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Enterprises has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Enterprises used its assets less efficiently than the IN Commercial Services industry average last year based on Return on Assets.
  • Enterprises has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Enterprises's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Enterprises has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PTL Health

 How is Enterprises's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Enterprises's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Enterprises's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Enterprises's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Enterprises's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Enterprises has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Enterprises Company Filings, last reported 2 months ago.

NSEI:PTL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 4,765.04 0.00 43.48
2019-06-30 4,878.92 0.00 6.72
2019-03-31 4,878.92 0.00 6.72
2018-12-31 4,672.67 0.00 216.13
2018-09-30 4,672.67 0.00 216.13
2018-06-30 4,720.45 0.00 173.86
2018-03-31 4,720.45 0.00 173.86
2017-12-31 5,753.70 0.00 328.80
2017-09-30 5,753.70 0.00 328.80
2017-06-30 5,429.68 0.00 165.20
2017-03-31 4,358.54 0.00 150.06
2016-03-31 7,779.16 677.82 100.92
2015-03-31 1,570.43 1,148.35 284.76
2014-03-31 1,314.84 1,503.86 252.14
2013-03-31 1,149.66 1,818.96 86.16
  • Enterprises has no debt.
  • Enterprises has no debt compared to 5 years ago when it was 91.8%.
  • Enterprises has no debt, it does not need to be covered by operating cash flow.
  • Enterprises has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Enterprises's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Enterprises has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PTL Dividends

 What is Enterprises's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.08%
Current annual income from Enterprises dividends.
If you bought ₹2,000 of Enterprises shares you are expected to receive ₹142 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Enterprises's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.6%).
  • Enterprises's dividend is above the markets top 25% of dividend payers in India (2.53%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:PTL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 0.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1391 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:PTL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:PTL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-10 2.500 6.713
2018-07-04 2.000 4.651
2017-07-05 1.250 2.563
2016-05-11 1.000 1.106
2015-07-27 1.000 1.239
2015-05-12 1.000 2.633
2014-07-30 1.000 2.561
2013-05-10 1.000 4.061
2012-08-14 1.000 3.718
2011-05-11 1.000 3.164
2010-05-28 0.500 1.593
2009-06-01 0.400 2.303
2009-05-06 0.400 3.479

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Enterprises's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Enterprises's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Enterprises afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Enterprises has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PTL Management

 What is the CEO of Enterprises's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
P. Syamkumar
COMPENSATION ₹1,565,892
TENURE AS CEO 1.6 years
CEO Bio

Mr. P. Syamkumar is Manager at PTL Enterprises Ltd since May 10, 2018.

CEO Compensation
  • Insufficient data for P. to compare compensation growth.
  • P.'s remuneration is lower than average for companies of similar size in India.
Management Team

P. Syamkumar

TITLE
COMPENSATION
₹2M
TENURE
1.6 yrs

Anil Sriwastawa

TITLE
Chief Financial Officer
COMPENSATION
₹2M
AGE
41
TENURE
1.7 yrs

Pradeep Kumar

TITLE
Company Secretary & Chief Compliance Officer
COMPENSATION
₹3M
Board of Directors Tenure

Average tenure and age of the Enterprises board of directors in years:

4.8
Average Tenure
65
Average Age
  • The tenure for the Enterprises board of directors is about average.
Board of Directors

Onkar Kanwar

TITLE
Chairman
COMPENSATION
₹220K
AGE
77

Ugar Anand

TITLE
Non-Executive Independent Director
COMPENSATION
₹380K
AGE
76
TENURE
10.2 yrs

Neeraj Kanwar

TITLE
Non-Independent Non-Executive Director
COMPENSATION
₹220K
AGE
48
TENURE
13 yrs

Harish Bahadur

TITLE
Non-Executive Director
COMPENSATION
₹220K
AGE
67
TENURE
12.9 yrs

Birendra Singh

TITLE
Independent Director
COMPENSATION
₹255K
AGE
67
TENURE
4.8 yrs

Shivi Rastogi

TITLE
Woman Independent Director
COMPENSATION
₹90K
AGE
41
TENURE
4.8 yrs

Sanjay Kaul

TITLE
Non-Executive Nominee Director
COMPENSATION
₹25K
AGE
50
TENURE
2.9 yrs

Sunil Tandon

TITLE
Non-Executive Independent Director
COMPENSATION
₹45K
AGE
65
TENURE
0.8 yrs

Tapan Mitra

TITLE
Non-Executive Independent Director
AGE
65
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Enterprises's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Enterprises has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PTL News

Simply Wall St News

Here's What PTL Enterprises Limited's (NSE:PTL) P/E Ratio Is Telling Us

Looking at earnings over the last twelve months, Enterprises has a P/E ratio of 5.72. … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Enterprises: P/E of 5.72 = ₹33.95 ÷ ₹5.93 (Based on the year to June 2019.) Is A High Price-to-Earnings Ratio Good? … Hypothetically, a company could reduce its future P/E ratio by spending its cash (or taking on debt) to achieve higher earnings.

Simply Wall St -

PTL Enterprises Limited (NSE:PTL) Passed Our Checks, And It's About To Pay A 6.0% Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that PTL Enterprises Limited (NSE:PTL) is about to go ex-dividend in just 3 days. … Enterprises's next dividend payment will be ₹2.50 per share, and in the last 12 months, the company paid a total of ₹2.50 per share. … See our latest analysis for Enterprises Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut.

Simply Wall St -

Should PTL Enterprises Limited (NSE:PTL) Be Part Of Your Dividend Portfolio?

NSEI:PTL Historical Dividend Yield, June 14th 2019 Payout ratios Dividends are usually paid out of company earnings. … A company paying out less than a quarter of its earnings as dividends, and growing earnings at more than 10% per annum, looks to be right in the cusp of its growth phase. … Conclusion To summarise, shareholders should always check that Enterprises's dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend.

Simply Wall St -

Should PTL Enterprises Limited (NSE:PTL) Be Your Next Stock Pick?

PTL is a financially-healthy company with a an impressive history high-grade dividend payments, trading at a great value. … NSEI:PTL Intrinsic value, May 24th 2019 Income investors would also be happy to know that PTL is one of the highest dividend payers in the market, with current dividend yield standing at 6.2%. … NSEI:PTL Historical Dividend Yield, May 24th 2019 Next Steps: For Enterprises, there are three pertinent factors you should further research: Future Outlook: What are well-informed industry analysts predicting for PTL’s future growth?

Simply Wall St -

Why PTL Enterprises Limited’s (NSE:PTL) Use Of Investor Capital Doesn’t Look Great

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Is PTL Enterprises Limited's (NSE:PTL) P/E Ratio Really That Good?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … To keep it practical, we'll show how PTL Enterprises Limited's (NSE:PTL) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Introducing Enterprises, The Stock That Slid 61% In The Last Three Years

Unfortunately, they have held through a 61% decline in the share price in that time. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Although the share price is down over three years, Enterprises actually managed to grow EPS by 12% per year in that time.

Simply Wall St -

What To Know Before Buying PTL Enterprises Limited (NSE:PTL) For Its Dividend

PTL Enterprises Limited (NSE:PTL) has pleased shareholders over the past 10 years, by paying out dividends. … Let's dig deeper into whether Enterprises should have a place in your portfolio. … Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued at $60)

Simply Wall St -

Should You Worry About PTL Enterprises Limited’s (NSE:PTL) ROCE?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Read This Before You Buy PTL Enterprises Limited (NSE:PTL) Because Of Its P/E Ratio

We'll show how you can use PTL Enterprises Limited's (NSE:PTL) P/E ratio to inform your assessment of the investment opportunity. … Enterprises has a price to earnings ratio of 5.94, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

PTL Company Info

Description

PTL Enterprises Limited engages in the lease of plant to Apollo Tyres Limited. The company was formerly known as Premier Tyres Ltd. PTL Enterprises Limited was incorporated in 1959 and is based in Gurugram, India. PTL Enterprises Limited is a subsidiary of Sunrays Properties and Investments Co. Pvt Ltd.

Details
Name: PTL Enterprises Limited
PTL
Exchange: NSEI
Founded: 1959
₹2,336,454,050
66,188,500
Website: http://www.ptlenterprise.com
Address: PTL Enterprises Limited
Apollo House, 7,
Institutional Area,
Gurugram,
Haryana, 122001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 509220 Equity Shares Mumbai Stock Exchange IN INR 28. Mar 2002
NSEI PTL Equity Shares National Stock Exchange of India IN INR 28. Mar 2002
Number of employees
Current staff
Staff numbers
705
Enterprises employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/11 12:51
End of day share price update: 2019/12/11 00:00
Last estimates confirmation: 2018/05/10
Last earnings filing: 2019/11/05
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.