AVG Logistics Limited's (NSE:AVG) 37% Share Price Surge Not Quite Adding Up
Mar 15
Indian (NIFTY) Cargo Ground Transportation Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies13
- 7D-2.0%
- 3M-13.2%
- 1Y2.2%
- YTDn/a
The Cargo Ground Transportation industry is down 2.0% over the last week with Ritco Logistics the worst performer, down 6.8%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the Indian Cargo Ground Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹73.1b | ₹56.4b | ₹2.1b | 37.4x | 34.7x | 1.3x |
| Fri, 05 Apr 2024 | ₹74.5b | ₹56.4b | ₹2.1b | 39.2x | 35.4x | 1.3x |
| Sun, 03 Mar 2024 | ₹73.0b | ₹54.5b | ₹2.1b | 35.8x | 35.5x | 1.3x |
| Tue, 30 Jan 2024 | ₹86.7b | ₹55.2b | ₹2.3b | 39.6x | 37.4x | 1.6x |
| Thu, 28 Dec 2023 | ₹88.1b | ₹55.0b | ₹2.3b | 38.3x | 38.4x | 1.6x |
| Sat, 25 Nov 2023 | ₹82.5b | ₹55.0b | ₹2.3b | 32.9x | 36x | 1.5x |
| Mon, 23 Oct 2023 | ₹79.7b | ₹53.8b | ₹2.4b | 30.5x | 33.7x | 1.5x |
| Wed, 20 Sep 2023 | ₹83.8b | ₹53.8b | ₹2.4b | 29.6x | 35.4x | 1.6x |
| Fri, 18 Aug 2023 | ₹79.0b | ₹53.8b | ₹2.4b | 28.2x | 33.4x | 1.5x |
| Sun, 16 Jul 2023 | ₹85.3b | ₹52.7b | ₹2.3b | 29.9x | 36.7x | 1.6x |
| Tue, 13 Jun 2023 | ₹79.1b | ₹52.6b | ₹2.3b | 32.6x | 34x | 1.5x |
| Thu, 11 May 2023 | ₹71.7b | ₹53.9b | ₹2.4b | 17.8x | 30.3x | 1.3x |
| Sat, 08 Apr 2023 | ₹72.3b | ₹53.9b | ₹2.4b | 16.1x | 30.6x | 1.3x |
Price to Earnings Ratio
29.8x
Current Industry PE
- Investors are relatively neutral on the Indian Cargo Ground Transportation industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 34.4x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Cargo Ground Transportation industry have declined 3.8% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Cargo Ground Transportation compare with similar industries?
| IN Market | -1.98% | |
| Industrials | -2.50% | |
| Transportation | -2.44% | |
| Cargo Ground Transportation | -2.01% | |
| Trucking | 0% | |
| Railroads | -2.50% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 520127 Balurghat Technologies | ₹34.22 | 2.8% +₹16.4m | 173.8% | PE36.5x |