Avenue Supermarts Q3FY19: PAT expected to grow at CAGR of 37%; Overweight

Firstcall India Equity | Jan. 22, 2019, 1:29 p.m.


At the current market price of Rs.1355.95, the stock P/E ratio is at 87.24 x FY19E and 74.53 x FY20E respectively.

Earning per share (EPS) of the company for the earnings for FY19E and FY20E is seen at Rs. 15.54 and Rs. 18.19 respectively.

Net Sales and PAT of the company are expected to grow at a CAGR of 29% and 37% over 2017 to 2020E, respectively.

On the basis of EV/EBITDA, the stock trades at 48.55 x for FY19E and 41.63 x for FY20E.

Price to Book Value of the stock is expected to be at 15.08 x and 12.90 x for FY19E and FY20E respectively.

Hence, we say that, we are Overweight in this particular scrip for Medium to Long term investment.

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