Deep Value Acquirer’s Multiple
This is developed based on Tobias Carlisle’s Deep Value formula for Acquirer’s Multiple. The Acquirer’s Multiple = Enterprise Value / Operating Earnings, where: Enterprise Value= Market Cap + Preferred Equity + Non-Controlling Interests + Total Debt – Cash and Equivalents and, Operating Earnings = Revenue – (Cost of goods sold + Selling, general and administrative costs + Depreciation and amortization) Tobias looks for companies that are: Cheap, At the bottom of their business cycle, Generating lots of cash flow, Have cash in the bank, It’s okay for them to not be ‘great’ companies at the point of investment He also reminds us that a value investor’s advantage is his ability to hold investments over longer terms.
by Ennkay
| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | Pref Cap Rs.Cr. | Debt Rs.Cr. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Orosil Smiths | 6.34 | 1.14 | 26.19 | 0.00 | 22.72 | 2704.94 | 0.51 | -79.10 | 193.46 | 0.00 | 0.21 |
| 2. | Padam Cotton | 0.91 | 2.25 | 19.97 | 14.29 | 2.33 | -54.31 | 18.18 | 1537.84 | 24.23 | 0.00 | 0.43 |
| 3. | Delta Auto. | 40.60 | 6.65 | 62.08 | 0.00 | 3.46 | 20.98 | 42.13 | 36.61 | 23.37 | 0.00 | 3.87 |
| 4. | Vision Corpn. | 2.62 | 1.43 | 5.23 | 0.00 | -0.16 | -33.33 | 0.03 | -99.22 | 22.40 | 0.00 | 1.44 |
| 5. | Karnawati Innovation | 1.56 | 2.25 | 8.43 | 0.00 | 1.85 | 18600.00 | 71.47 | 20.72 | 0.00 | 0.01 | |
| 6. | Raghunath Intl. | 11.20 | 4.79 | 5.60 | 0.00 | 0.14 | -33.33 | 0.00 | -100.00 | 20.40 | 0.00 | 0.00 |
| 7. | Interactive Fin | 15.20 | 5.63 | 10.53 | 0.00 | 0.45 | 28.57 | 1.55 | 20.16 | 19.69 | 0.00 | 0.58 |
| 8. | Joindre Capital | 48.13 | 8.54 | 66.59 | 4.16 | 1.66 | 2471.43 | 9.89 | -9.35 | 17.28 | 0.00 | 16.46 |
| 9. | Unilex Colour &C | 27.00 | 9.91 | 36.77 | 0.00 | 1.49 | -64.44 | 66.15 | -15.88 | 13.63 | 0.00 | 9.64 |
| 10. | Aspire & Innovat | 14.75 | 8.51 | 22.39 | 0.00 | 0.90 | -58.33 | 59.99 | -40.06 | 10.72 | 0.00 | 0.87 |
| 11. | Patel Integrated | 11.78 | 8.54 | 81.97 | 2.55 | 2.99 | 60.75 | 96.63 | 11.54 | 8.06 | 0.00 | 6.26 |
| 12. | Emmessar Biotech | 24.74 | 28.11 | 12.37 | 0.00 | 0.03 | 142.86 | 0.09 | -10.00 | 7.33 | 0.00 | 0.00 |
| 13. | Titan Intech | 0.95 | 15.07 | 84.39 | 0.00 | 3.31 | 56.13 | 12.98 | 15.69 | 6.62 | 0.00 | 2.46 |
| 14. | Indo Euro Indch. | 10.14 | 28.69 | 9.18 | 0.00 | 0.06 | 175.00 | 8.12 | 112.57 | 3.79 | 0.00 | 0.00 |
| 15. | Yamini Invest | 0.68 | 35.75 | 0.00 | 0.08 | -95.43 | 0.32 | -99.15 | 3.69 | 0.00 | 16.76 | |
| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | Pref Cap Rs.Cr. | Debt Rs.Cr. |
| 16. | Precision Metal. | 8.05 | 18.48 | 0.00 | -5.97 | -614.66 | 10.46 | -86.52 | 3.60 | 0.00 | 39.70 | |
| 17. | MFL India | 0.41 | 9.78 | 14.77 | 0.00 | 0.76 | 744.44 | 17.83 | 39.41 | 2.60 | 0.00 | 22.50 |
| 18. | Kohinoor Foods | 24.43 | 90.57 | 0.00 | -4.25 | 48.80 | 55.29 | 183.68 | -0.10 | 0.00 | 154.39 | |
| 19. | Toyam Sports | 0.73 | 42.18 | 0.00 | -6.18 | 31.15 | 0.00 | -100.00 | -3.64 | 0.00 | 0.00 | |
| 20. | Decipher Labs | 7.20 | 7.27 | 0.00 | -0.54 | 8.47 | 3.21 | -44.66 | -4.67 | 0.00 | 0.43 | |
| 21. | Kesoram Inds. | 13.03 | 404.85 | 0.00 | 6.02 | 132.82 | 64.79 | -1.07 | -4.71 | 0.00 | 199.39 | |
| 22. | Bohra Industries | 19.20 | 40.65 | 0.00 | -0.60 | -39.53 | 0.00 | -7.01 | 0.00 | 1.18 | ||
| 23. | Innocorp | 4.43 | 3.52 | 0.00 | -0.08 | -300.00 | 0.00 | -10.00 | 0.00 | 4.02 | ||
| 24. | Kalpa Commer. | 9.36 | 9.59 | 0.00 | 0.57 | 296.55 | 8.79 | -10.94 | 0.00 | 0.05 | ||
| 25. | Rap Corp | 31.35 | 0.43 | 18.44 | 0.00 | -0.01 | 99.21 | 0.00 | -15.04 | 0.00 | 13.23 |