AVG Logistics Limited's (NSE:AVG) 37% Share Price Surge Not Quite Adding Up
Mar 15
Indian (NIFTY) Transportation Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies17
- 7D-1.0%
- 3M5.0%
- 1Y49.9%
- YTD13.0%
Over the last 7 days, the Transportation industry has dropped 2.4%, driven by a pullback from Container Corporation of India of 0.9%. On the other hand Om Sai Fleet Management India Private is actually up 5.3%. This takes the industry's 12 month performance to a gain of 49%. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹701.6b | ₹145.7b | ₹14.5b | 39.4x | 48.2x | 4.8x |
| Sat, 06 Apr 2024 | ₹650.3b | ₹145.7b | ₹14.5b | 44.1x | 44.7x | 4.5x |
| Mon, 04 Mar 2024 | ₹679.9b | ₹143.8b | ₹14.5b | 43.7x | 46.9x | 4.7x |
| Wed, 31 Jan 2024 | ₹615.8b | ₹142.0b | ₹14.6b | 40.3x | 42x | 4.3x |
| Fri, 29 Dec 2023 | ₹611.9b | ₹139.7b | ₹14.3b | 38.3x | 42.9x | 4.4x |
| Sun, 26 Nov 2023 | ₹538.7b | ₹138.1b | ₹14.2b | 34.2x | 38.1x | 3.9x |
| Tue, 24 Oct 2023 | ₹505.0b | ₹134.8b | ₹13.6b | 30x | 37.2x | 3.7x |
| Thu, 21 Sep 2023 | ₹534.4b | ₹134.8b | ₹13.6b | 30.7x | 39.3x | 4x |
| Sat, 19 Aug 2023 | ₹477.5b | ₹134.8b | ₹13.6b | 28.6x | 35.1x | 3.5x |
| Mon, 17 Jul 2023 | ₹505.1b | ₹134.4b | ₹14.1b | 32.8x | 35.9x | 3.8x |
| Wed, 14 Jun 2023 | ₹475.4b | ₹134.3b | ₹14.1b | 32.8x | 33.8x | 3.5x |
| Fri, 12 May 2023 | ₹463.4b | ₹134.3b | ₹13.9b | 19.7x | 33.4x | 3.4x |
| Sun, 09 Apr 2023 | ₹420.0b | ₹134.3b | ₹13.9b | 17.9x | 30.2x | 3.1x |
| Tue, 07 Mar 2023 | ₹431.3b | ₹134.3b | ₹13.9b | 18x | 31.1x | 3.2x |
| Thu, 02 Feb 2023 | ₹433.7b | ₹133.7b | ₹13.8b | 20.1x | 31.4x | 3.2x |
| Sat, 31 Dec 2022 | ₹513.6b | ₹133.1b | ₹14.1b | 20.7x | 36.5x | 3.9x |
| Mon, 28 Nov 2022 | ₹531.5b | ₹134.4b | ₹14.1b | 20.9x | 37.6x | 4x |
| Wed, 26 Oct 2022 | ₹531.1b | ₹130.3b | ₹13.7b | 24.1x | 38.9x | 4.1x |
| Fri, 23 Sep 2022 | ₹532.5b | ₹130.3b | ₹13.7b | 26.6x | 39x | 4.1x |
| Sun, 21 Aug 2022 | ₹486.2b | ₹130.3b | ₹13.7b | 25.5x | 35.6x | 3.7x |
| Tue, 19 Jul 2022 | ₹489.0b | ₹124.7b | ₹12.7b | 25.8x | 38.7x | 3.9x |
| Thu, 16 Jun 2022 | ₹454.5b | ₹122.8b | ₹12.6b | 28.5x | 36.1x | 3.7x |
| Sat, 14 May 2022 | ₹429.1b | ₹120.8b | ₹10.0b | 32.1x | 42.8x | 3.6x |
| Mon, 11 Apr 2022 | ₹486.2b | ₹120.8b | ₹10.0b | 29.7x | 48.5x | 4x |
| Wed, 09 Mar 2022 | ₹399.4b | ₹121.2b | ₹10.0b | 25.7x | 39.9x | 3.3x |
| Fri, 04 Feb 2022 | ₹459.8b | ₹121.4b | ₹10.0b | 23.7x | 45.8x | 3.8x |
| Sun, 02 Jan 2022 | ₹427.4b | ₹118.6b | ₹9.3b | 19.8x | 45.9x | 3.6x |
| Tue, 30 Nov 2021 | ₹413.9b | ₹117.1b | ₹9.3b | 17.3x | 44.7x | 3.5x |
| Thu, 28 Oct 2021 | ₹457.7b | ₹113.2b | ₹9.0b | 17.7x | 50.9x | 4x |
| Sat, 25 Sep 2021 | ₹467.8b | ₹111.7b | ₹8.2b | 23.7x | 57.3x | 4.2x |
| Mon, 23 Aug 2021 | ₹431.6b | ₹112.5b | ₹8.2b | 16.1x | 52.8x | 3.8x |
| Sat, 10 Jul 2021 | ₹457.2b | ₹112.5b | ₹8.2b | 14.8x | 55.9x | 4.1x |
Price to Earnings Ratio
80.4x
Current Industry PE
- Investors are optimistic on the Indian Transportation industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 47.5x which is higher than its 3-year average PE of 42.4x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Transportation industry have grown 38% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Industrials industry?
| IN Market | -1.48% | |
| Industrials | -1.28% | |
| Transportation | -0.98% | |
| Trucking | 0% | |
| Railroads | -0.87% | |
| Cargo Ground Transportation | -2.08% | |
Industry PE
- Investors are most optimistic about the Railroads industry which is trading above its 3-year average PE ratio of 44.3x.
- Analysts are expecting annual earnings growth of 16.8%, which is higher than its past year's earnings growth of 6.1% per year.
- Investors are most pessimistic about the Cargo Ground Transportation industry, which is trading close to its 3-year average of 34.4x.
Forecasted Growth
- Analysts are most optimistic on the Cargo Ground Transportation industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings growth rate of 6.4% per year.
- In contrast, the Railroads industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SHREEOSFM Om Sai Fleet Management India Private | ₹125.00 | 5.3% +₹89.3m | n/a | PE57.8x | |
| 520127 Balurghat Technologies | ₹34.22 | 2.8% +₹16.4m | 173.8% | PE36.5x |