Seacoast Shipping Services Ltd Multibagger 2022 Analysis

This article we can explore the possibility of Seacoast Shipping Services Ltd as a multibagger 2022 Stock based on Value Investing principles.

Websitehttps://seacoastltd.com/
CMPRs. 16

About Seacoast Shipping Services Ltd

Seacoast Shipping Services Limited is a young, progressive Organisation providing single window logistics services to exporters and importers. Seacoast started as a freight forwarders and shipping agents in the year 2005.

From a modest beginning with a dozen containers a month 6 years ago company have grown into a one of the largest freight forwarders in Gujarat. Company is in fact among the top 3 freight forwarders handling Agri export commodities exports in containers from Mundra port. Since the inception company has strived to integrate freight forwarding with transportation of containers & cargo for stuffing, Phyto sanitary service & customs house clearing services.

Seacoast Started as Freight forwarders and later stepped into complete logistics solution under one roof and mainly handled agro cargo and liquid cargo in the year 2007. Seacoast have been working as an International Ship Operator of Modern Dry Bulk Vessels for the Past 2 years now.

Seacoast Shipping Services Limited is a company fully registered by the laws in India. It is ably supported by a team of professionals, each an expert in their respective areas of operation. Every year company carry around 5.0 million mt of bulk /and unitized cargo across the oceans. As a specialist in spot business, company focus fully on dry bulk logistics and Container Freight Forwarding along with Inland Road Logistics.

Seacoast Shipping Services now grown into a TOTAL MULTIMODAL LOGISTICS PROVIDER offering seam-less services from the transportation of cargo till export. Seacoast Shipping Services Limited is owned by Mr. Manish R Shah. It is ably supported by a team of professionals each expert in their respective areas of operation.

Seacoast Shipping Services Ltd Multibagger 2022 Analysis

Services

  • Cargo Handling
  • Freight Broking
  • Dry Bulk Vessels
  • Ship Chartering
  • Coastal Trade
  • Freight Forwarding
  • Warehousing and Transportation of FMCG product
  • Mining and Transportation

Profit & loss

Seacoast Shipping Services Ltd Multibagger 2022 Analysis

Warren Buffett Checklist

Factor Value
Economic moatModerate
GrowthModerate
ValuationHigh
DebtModerate
IntegrityGood

Positives

  • Company to benefit from Post-Covid Agri-Export business boom
  • Company is in Positive Margin zone
  • Company turned Positive FY21 onward
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35.92%
  • Debtor days have improved from 336.12 to 140.06 days.

Negatives

  • Stock is trading at 8X book Value & 90 PE Ratio
  • Decrease in Promoter Holdings in past year
  • Moderately high debts
  • No expansions active on card

Summary

As per the Expansion & Value Investing grounds the company have Multibagger Potential

DISLAIMER

Logos are Copyright of respective owners. The advice or opinions here is not for public distribution and has been furnished to you solely for your information purpose and must not be reproduced or redistributed to any other person.  Any report is created from Public Source of Information available through Internet from Company website & Other websites & the Research Analyst does not guarantee the Validation of Content in this report

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