25 XP   0   0   10

Heritage Foods Limited
Buy, Hold or Sell?

Let's analyse Heritage Foods Limited together

PenkeI guess you are interested in Heritage Foods Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Heritage Foods Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Heritage Foods Limited

I send you an email if I find something interesting about Heritage Foods Limited.

Quick analysis of Heritage Foods Limited (30 sec.)










What can you expect buying and holding a share of Heritage Foods Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.06
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR78.22
Expected worth in 1 year
INR107.67
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR34.45
Return On Investment
10.3%

For what price can you sell your share?

Current Price per Share
INR335.20
Expected price per share
INR287.80 - INR355.00
How sure are you?
50%

1. Valuation of Heritage Foods Limited (5 min.)




Live pricePrice per Share (EOD)

INR335.20

Intrinsic Value Per Share

INR-189.28 - INR-89.77

Total Value Per Share

INR-111.06 - INR-11.55

2. Growth of Heritage Foods Limited (5 min.)




Is Heritage Foods Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$87.1m$78.9m$8.1m9.4%

How much money is Heritage Foods Limited making?

Current yearPrevious yearGrowGrow %
Making money$6.9m$11.5m-$4.6m-66.6%
Net Profit Margin1.8%3.6%--

How much money comes from the company's main activities?

3. Financial Health of Heritage Foods Limited (5 min.)




4. Comparing to competitors in the Packaged Foods industry (5 min.)




  Industry Rankings (Packaged Foods)  


Richest
#308 / 496

Most Revenue
#155 / 496

Most Profit
#196 / 496

Most Efficient
#279 / 496

What can you expect buying and holding a share of Heritage Foods Limited? (5 min.)

Welcome investor! Heritage Foods Limited's management wants to use your money to grow the business. In return you get a share of Heritage Foods Limited.

What can you expect buying and holding a share of Heritage Foods Limited?

First you should know what it really means to hold a share of Heritage Foods Limited. And how you can make/lose money.

Speculation

The Price per Share of Heritage Foods Limited is INR335.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Heritage Foods Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Heritage Foods Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR78.22. Based on the TTM, the Book Value Change Per Share is INR7.36 per quarter. Based on the YOY, the Book Value Change Per Share is INR6.60 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR1.25 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Heritage Foods Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.070.0%0.070.0%0.120.0%0.060.0%0.090.0%
Usd Book Value Change Per Share0.090.0%0.090.0%0.080.0%-0.020.0%0.080.0%
Usd Dividend Per Share0.020.0%0.020.0%0.050.0%0.020.0%0.020.0%
Usd Total Gains Per Share0.100.0%0.100.0%0.120.0%0.000.0%0.090.0%
Usd Price Per Share1.73-1.73-1.95-2.66-2.40-
Price to Earnings Ratio23.07-23.07-15.61-20.72-21.99-
Price-to-Total Gains Ratio16.74-16.74-15.69-34.90-28.50-
Price to Book Ratio1.84-1.84-2.29-2.96-3.90-
Price-to-Total Gains Ratio16.74-16.74-15.69-34.90-28.50-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.0224
Number of shares248
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.02
Usd Book Value Change Per Share0.09-0.02
Usd Total Gains Per Share0.100.00
Gains per Quarter (248 shares)25.631.16
Gains per Year (248 shares)102.514.62
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
115889321-16-5
23017519641-320
34526329962-485
46035140282-6410
574438505103-8015
689526608124-9620
7104613711144-11225
8119701814165-12830
9134789917186-14435
101498761020206-16040

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%15.02.00.088.2%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%14.03.00.082.4%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%15.00.02.088.2%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%15.02.00.088.2%

Fundamentals of Heritage Foods Limited

About Heritage Foods Limited

Heritage Foods Limited procures and processes milk and milk products in India. The company operates through Dairy, Renewable Energy, and Feed segment. The Dairy segment produces and markets dairy products, including fresh milk, curd, buttermilk, lassi, ice-cream, paneer, ghee, table butter, cooking butter, milk powder, flavored milk, UHT milk, and dairy whitener products; and operates and franchises 859 Heritage Parlour outlets, as well as exports dairy products to Europe, the Gulf countries, and various countries in Asia. The Renewable Energy segment operates a solar power plant with a capacity of 4.20 MW; and wind power plant with a capacity of 6.30 MW in the states of Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, and Karnataka. The Feed segment manufactures and sells cattle feeds. The company was incorporated in 1992 and is headquartered in Hyderabad, India.

Fundamental data was last updated by Penke on 2024-03-23 10:55:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Heritage Foods Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Heritage Foods Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Heritage Foods Limited to the Packaged Foods industry mean.
  • A Net Profit Margin of 1.8% means that ₹0.02 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Heritage Foods Limited:

  • The MRQ is 1.8%. The company is making a profit. +1
  • The TTM is 1.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.8%0.0%
TTM1.8%YOY3.6%-1.8%
TTM1.8%5Y1.8%+0.0%
5Y1.8%10Y2.0%-0.3%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%3.2%-1.4%
TTM1.8%2.8%-1.0%
YOY3.6%3.0%+0.6%
5Y1.8%3.2%-1.4%
10Y2.0%3.6%-1.6%
1.1.2. Return on Assets

Shows how efficient Heritage Foods Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Heritage Foods Limited to the Packaged Foods industry mean.
  • 5.2% Return on Assets means that Heritage Foods Limited generated ₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Heritage Foods Limited:

  • The MRQ is 5.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%0.0%
TTM5.2%YOY10.7%-5.5%
TTM5.2%5Y4.3%+0.8%
5Y4.3%10Y6.0%-1.6%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%1.2%+4.0%
TTM5.2%1.1%+4.1%
YOY10.7%1.0%+9.7%
5Y4.3%1.2%+3.1%
10Y6.0%1.2%+4.8%
1.1.3. Return on Equity

Shows how efficient Heritage Foods Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Heritage Foods Limited to the Packaged Foods industry mean.
  • 8.0% Return on Equity means Heritage Foods Limited generated ₹0.08 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Heritage Foods Limited:

  • The MRQ is 8.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY14.7%-6.7%
TTM8.0%5Y4.6%+3.4%
5Y4.6%10Y11.7%-7.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%2.6%+5.4%
TTM8.0%2.2%+5.8%
YOY14.7%2.2%+12.5%
5Y4.6%2.4%+2.2%
10Y11.7%2.5%+9.2%

1.2. Operating Efficiency of Heritage Foods Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Heritage Foods Limited is operating .

  • Measures how much profit Heritage Foods Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Heritage Foods Limited to the Packaged Foods industry mean.
  • An Operating Margin of 2.6% means the company generated ₹0.03  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Heritage Foods Limited:

  • The MRQ is 2.6%. The company is operating less efficient.
  • The TTM is 2.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ2.6%TTM2.6%0.0%
TTM2.6%YOY5.3%-2.6%
TTM2.6%5Y5.3%-2.7%
5Y5.3%10Y4.6%+0.7%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%5.3%-2.7%
TTM2.6%3.3%-0.7%
YOY5.3%4.8%+0.5%
5Y5.3%5.2%+0.1%
10Y4.6%4.9%-0.3%
1.2.2. Operating Ratio

Measures how efficient Heritage Foods Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • An Operation Ratio of 0.97 means that the operating costs are ₹0.97 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Heritage Foods Limited:

  • The MRQ is 0.975. The company is less efficient in keeping operating costs low.
  • The TTM is 0.975. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.975TTM0.9750.000
TTM0.975YOY0.946+0.029
TTM0.9755Y0.947+0.027
5Y0.94710Y0.954-0.007
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9751.524-0.549
TTM0.9751.505-0.530
YOY0.9461.460-0.514
5Y0.9471.404-0.457
10Y0.9541.226-0.272

1.3. Liquidity of Heritage Foods Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Heritage Foods Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Packaged Foods industry mean).
  • A Current Ratio of 1.44 means the company has ₹1.44 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Heritage Foods Limited:

  • The MRQ is 1.441. The company is just able to pay all its short-term debts.
  • The TTM is 1.441. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.441TTM1.4410.000
TTM1.441YOY1.593-0.152
TTM1.4415Y1.193+0.248
5Y1.19310Y1.016+0.177
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4411.554-0.113
TTM1.4411.595-0.154
YOY1.5931.610-0.017
5Y1.1931.655-0.462
10Y1.0161.583-0.567
1.3.2. Quick Ratio

Measures if Heritage Foods Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Heritage Foods Limited to the Packaged Foods industry mean.
  • A Quick Ratio of 0.21 means the company can pay off ₹0.21 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Heritage Foods Limited:

  • The MRQ is 0.206. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.206. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.206TTM0.2060.000
TTM0.206YOY0.164+0.042
TTM0.2065Y0.284-0.079
5Y0.28410Y0.282+0.002
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2060.565-0.359
TTM0.2060.581-0.375
YOY0.1640.644-0.480
5Y0.2840.708-0.424
10Y0.2820.717-0.435

1.4. Solvency of Heritage Foods Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Heritage Foods Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Heritage Foods Limited to Packaged Foods industry mean.
  • A Debt to Asset Ratio of 0.35 means that Heritage Foods Limited assets are financed with 35.5% credit (debt) and the remaining percentage (100% - 35.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Heritage Foods Limited:

  • The MRQ is 0.355. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.355. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.355TTM0.3550.000
TTM0.355YOY0.271+0.083
TTM0.3555Y0.396-0.042
5Y0.39610Y0.491-0.095
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3550.488-0.133
TTM0.3550.490-0.135
YOY0.2710.481-0.210
5Y0.3960.487-0.091
10Y0.4910.491+0.000
1.4.2. Debt to Equity Ratio

Measures if Heritage Foods Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Heritage Foods Limited to the Packaged Foods industry mean.
  • A Debt to Equity ratio of 55.0% means that company has ₹0.55 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Heritage Foods Limited:

  • The MRQ is 0.550. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.550. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.550TTM0.5500.000
TTM0.550YOY0.373+0.177
TTM0.5505Y0.713-0.163
5Y0.71310Y1.080-0.367
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5500.961-0.411
TTM0.5500.984-0.434
YOY0.3730.936-0.563
5Y0.7130.995-0.282
10Y1.0801.060+0.020

2. Market Valuation of Heritage Foods Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Heritage Foods Limited generates.

  • Above 15 is considered overpriced but always compare Heritage Foods Limited to the Packaged Foods industry mean.
  • A PE ratio of 23.07 means the investor is paying ₹23.07 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Heritage Foods Limited:

  • The EOD is 53.652. Based on the earnings, the company is expensive. -2
  • The MRQ is 23.073. Based on the earnings, the company is fair priced.
  • The TTM is 23.073. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD53.652MRQ23.073+30.579
MRQ23.073TTM23.0730.000
TTM23.073YOY15.605+7.467
TTM23.0735Y20.723+2.349
5Y20.72310Y21.993-1.270
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD53.65213.175+40.477
MRQ23.07312.324+10.749
TTM23.07313.017+10.056
YOY15.60511.502+4.103
5Y20.72316.260+4.463
10Y21.99319.312+2.681
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Heritage Foods Limited:

  • The EOD is -21.622. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.298. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.298. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-21.622MRQ-9.298-12.324
MRQ-9.298TTM-9.2980.000
TTM-9.298YOY14.855-24.154
TTM-9.2985Y95.203-104.502
5Y95.20310Y188.804-93.601
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD-21.6224.748-26.370
MRQ-9.2984.039-13.337
TTM-9.2981.787-11.085
YOY14.855-0.075+14.930
5Y95.2031.465+93.738
10Y188.8041.630+187.174
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Heritage Foods Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • A PB ratio of 1.84 means the investor is paying ₹1.84 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Heritage Foods Limited:

  • The EOD is 4.285. Based on the equity, the company is fair priced.
  • The MRQ is 1.843. Based on the equity, the company is underpriced. +1
  • The TTM is 1.843. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.285MRQ1.843+2.442
MRQ1.843TTM1.8430.000
TTM1.843YOY2.292-0.449
TTM1.8435Y2.963-1.121
5Y2.96310Y3.903-0.939
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD4.2851.431+2.854
MRQ1.8431.486+0.357
TTM1.8431.433+0.410
YOY2.2921.776+0.516
5Y2.9631.856+1.107
10Y3.9032.407+1.496
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Heritage Foods Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--7.3627.3620%6.600+12%-1.344+118%6.293+17%
Book Value Per Share--78.22278.2220%70.860+10%70.170+11%53.410+46%
Current Ratio--1.4411.4410%1.593-10%1.193+21%1.016+42%
Debt To Asset Ratio--0.3550.3550%0.271+31%0.396-10%0.491-28%
Debt To Equity Ratio--0.5500.5500%0.373+48%0.713-23%1.080-49%
Dividend Per Share--1.2501.2500%3.750-67%1.732-28%1.303-4%
Eps--6.2486.2480%10.407-40%4.863+28%7.616-18%
Free Cash Flow Per Share---15.503-15.5030%10.932-242%1.391-1214%1.082-1532%
Free Cash Flow To Equity Per Share---1.886-1.8860%0.947-299%-2.544+35%-0.822-56%
Gross Profit Margin--0.9970.9970%0.030+3258%0.584+71%0.260+283%
Intrinsic Value_10Y_max---89.771--------
Intrinsic Value_10Y_min---189.282--------
Intrinsic Value_1Y_max---0.845--------
Intrinsic Value_1Y_min---4.013--------
Intrinsic Value_3Y_max---8.750--------
Intrinsic Value_3Y_min---25.082--------
Intrinsic Value_5Y_max---24.145--------
Intrinsic Value_5Y_min---60.262--------
Market Cap31105219200.000+57%13376543400.00013376543400.0000%15070070400.000-11%20546890320.000-35%18528948504.000-28%
Net Profit Margin--0.0180.0180%0.036-50%0.018+2%0.020-12%
Operating Margin--0.0260.0260%0.053-50%0.053-50%0.046-42%
Operating Ratio--0.9750.9750%0.946+3%0.947+3%0.954+2%
Pb Ratio4.285+57%1.8431.8430%2.292-20%2.963-38%3.903-53%
Pe Ratio53.652+57%23.07323.0730%15.605+48%20.723+11%21.993+5%
Price Per Share335.200+57%144.150144.1500%162.400-11%221.420-35%199.674-28%
Price To Free Cash Flow Ratio-21.622-133%-9.298-9.2980%14.855-163%95.203-110%188.804-105%
Price To Total Gains Ratio38.924+57%16.73916.7390%15.691+7%34.896-52%28.499-41%
Quick Ratio--0.2060.2060%0.164+26%0.284-28%0.282-27%
Return On Assets--0.0520.0520%0.107-52%0.043+19%0.060-14%
Return On Equity--0.0800.0800%0.147-46%0.046+73%0.117-31%
Total Gains Per Share--8.6128.6120%10.350-17%0.388+2118%7.596+13%
Usd Book Value--87104040.00087104040.0000%78906480.000+10%78137606.400+11%59475273.600+46%
Usd Book Value Change Per Share--0.0880.0880%0.079+12%-0.016+118%0.076+17%
Usd Book Value Per Share--0.9390.9390%0.850+10%0.842+11%0.641+46%
Usd Dividend Per Share--0.0150.0150%0.045-67%0.021-28%0.016-4%
Usd Eps--0.0750.0750%0.125-40%0.058+28%0.091-18%
Usd Free Cash Flow---17262960.000-17262960.0000%12173400.000-242%1549454.400-1214%1205329.200-1532%
Usd Free Cash Flow Per Share---0.186-0.1860%0.131-242%0.017-1214%0.013-1532%
Usd Free Cash Flow To Equity Per Share---0.023-0.0230%0.011-299%-0.031+35%-0.010-56%
Usd Market Cap373262630.400+57%160518520.800160518520.8000%180840844.800-11%246562683.840-35%222347382.048-28%
Usd Price Per Share4.022+57%1.7301.7300%1.949-11%2.657-35%2.396-28%
Usd Profit--6957120.0006957120.0000%11588280.000-40%5414743.200+28%5811490.800+20%
Usd Revenue--388876080.000388876080.0000%321432840.000+21%327141720.000+19%297869647.200+31%
Usd Total Gains Per Share--0.1030.1030%0.124-17%0.005+2118%0.091+13%
 EOD+5 -3MRQTTM+0 -0YOY+12 -245Y+23 -1310Y+16 -20

3.2. Fundamental Score

Let's check the fundamental score of Heritage Foods Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1553.652
Price to Book Ratio (EOD)Between0-14.285
Net Profit Margin (MRQ)Greater than00.018
Operating Margin (MRQ)Greater than00.026
Quick Ratio (MRQ)Greater than10.206
Current Ratio (MRQ)Greater than11.441
Debt to Asset Ratio (MRQ)Less than10.355
Debt to Equity Ratio (MRQ)Less than10.550
Return on Equity (MRQ)Greater than0.150.080
Return on Assets (MRQ)Greater than0.050.052
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Heritage Foods Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.761
Ma 20Greater thanMa 50332.230
Ma 50Greater thanMa 100325.556
Ma 100Greater thanMa 200291.748
OpenGreater thanClose341.000
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets11,250,170
Total Liabilities3,991,500
Total Stockholder Equity7,258,670
 As reported
Total Liabilities 3,991,500
Total Stockholder Equity+ 7,258,670
Total Assets = 11,250,170

Assets

Total Assets11,250,170
Total Current Assets4,532,870
Long-term Assets6,717,300
Total Current Assets
Cash And Cash Equivalents 163,360
Short-term Investments 83,790
Net Receivables 316,460
Inventory 3,789,450
Other Current Assets 179,810
Total Current Assets  (as reported)4,532,870
Total Current Assets  (calculated)4,532,870
+/-0
Long-term Assets
Property Plant Equipment 6,332,590
Intangible Assets 40,890
Long-term Assets Other 49,880
Long-term Assets  (as reported)6,717,300
Long-term Assets  (calculated)6,423,360
+/- 293,940

Liabilities & Shareholders' Equity

Total Current Liabilities3,145,910
Long-term Liabilities845,590
Total Stockholder Equity7,258,670
Total Current Liabilities
Short-term Debt 1,347,630
Short Long Term Debt 1,298,540
Accounts payable 448,760
Other Current Liabilities 222,110
Total Current Liabilities  (as reported)3,145,910
Total Current Liabilities  (calculated)3,317,040
+/- 171,130
Long-term Liabilities
Long term Debt Total 332,000
Other Liabilities 513,590
Long-term Liabilities  (as reported)845,590
Long-term Liabilities  (calculated)845,590
+/-0
Total Stockholder Equity
Retained Earnings 6,401,530
Accumulated Other Comprehensive Income 867,280
Capital Surplus 368,620
Total Stockholder Equity (as reported)7,258,670
Total Stockholder Equity (calculated)7,637,430
+/- 378,760
Other
Capital Stock463,980
Cash and Short Term Investments 247,150
Common Stock Shares Outstanding 91,589
Current Deferred Revenue1,127,410
Liabilities and Stockholders Equity 11,250,170
Net Debt 1,516,270
Net Invested Capital 8,602,170
Net Tangible Assets 7,217,780
Net Working Capital 1,386,960
Property Plant and Equipment Gross 6,332,590
Short Long Term Debt Total 1,679,630



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
2,190,376
3,487,810
3,441,166
3,736,882
3,780,244
4,095,472
4,107,986
4,918,336
5,257,587
5,748,595
6,569,483
17,066,120
16,345,173
9,882,058
8,785,110
9,025,800
11,250,170
11,250,1709,025,8008,785,1109,882,05816,345,17317,066,1206,569,4835,748,5955,257,5874,918,3364,107,9864,095,4723,780,2443,736,8823,441,1663,487,8102,190,376
   > Total Current Assets 
1,027,207
1,394,007
1,262,384
1,495,188
1,440,978
1,497,505
1,466,915
1,873,703
2,137,206
2,280,486
1,962,517
2,540,049
2,749,383
2,686,845
2,594,570
2,907,560
4,532,870
4,532,8702,907,5602,594,5702,686,8452,749,3832,540,0491,962,5172,280,4862,137,2061,873,7031,466,9151,497,5051,440,9781,495,1881,262,3841,394,0071,027,207
       Cash And Cash Equivalents 
246,586
515,118
310,454
246,350
304,819
301,211
329,482
445,366
407,809
453,248
470,282
602,121
633,486
558,339
217,140
331,110
163,360
163,360331,110217,140558,339633,486602,121470,282453,248407,809445,366329,482301,211304,819246,350310,454515,118246,586
       Short-term Investments 
0
0
0
0
0
0
0
64
110
165
117
77,312
91,252
7,050
70
10,700
83,790
83,79010,700707,05091,25277,312117165110640000000
       Net Receivables 
0
0
0
0
0
0
0
176,330
249,006
285,124
202,836
181,379
629,999
657,552
248,670
-53,990
316,460
316,460-53,990248,670657,552629,999181,379202,836285,124249,006176,3300000000
       Inventory 
448,754
453,861
493,866
763,057
660,679
934,495
820,919
1,085,539
1,393,688
1,449,111
1,226,896
1,547,492
1,383,631
1,446,748
1,982,700
2,058,390
3,789,450
3,789,4502,058,3901,982,7001,446,7481,383,6311,547,4921,226,8961,449,1111,393,6881,085,539820,919934,495660,679763,057493,866453,861448,754
       Other Current Assets 
331,867
425,029
458,064
485,781
475,480
261,799
316,514
342,734
335,599
377,962
265,222
313,124
11,015
17,156
145,990
561,350
179,810
179,810561,350145,99017,15611,015313,124265,222377,962335,599342,734316,514261,799475,480485,781458,064425,029331,867
   > Long-term Assets 
1,163,169
2,093,803
2,178,782
2,241,694
2,339,266
2,597,967
2,641,071
3,044,633
3,120,381
3,468,109
4,606,966
14,526,071
13,595,790
7,195,213
6,190,540
6,118,240
6,717,300
6,717,3006,118,2406,190,5407,195,21313,595,79014,526,0714,606,9663,468,1093,120,3813,044,6332,641,0712,597,9672,339,2662,241,6942,178,7822,093,8031,163,169
       Property Plant Equipment 
1,148,853
2,091,685
2,176,599
2,239,489
2,337,012
2,369,581
2,330,529
2,793,538
2,871,759
3,199,723
2,935,480
4,193,357
5,028,002
5,448,428
5,871,490
5,778,510
6,332,590
6,332,5905,778,5105,871,4905,448,4285,028,0024,193,3572,935,4803,199,7232,871,7592,793,5382,330,5292,369,5812,337,0122,239,4892,176,5992,091,6851,148,853
       Long Term Investments 
0
0
0
0
0
0
0
6,557
8,024
7,985
4,780,083
10,017,219
8,350,154
0
0
0
0
00008,350,15410,017,2194,780,0837,9858,0246,5570000000
       Intangible Assets 
0
0
0
0
0
25,404
0
32,455
24,752
16,412
4,888
184,764
108,642
76,948
64,720
50,790
40,890
40,89050,79064,72076,948108,642184,7644,88816,41224,75232,455025,40400000
       Long-term Assets Other 
14,316
2,118
2,183
2,205
2,254
202,982
310,542
244,603
240,708
260,566
183,379
208,043
488
-7,048,510
21,880
3,840
49,880
49,8803,84021,880-7,048,510488208,043183,379260,566240,708244,603310,542202,9822,2542,2052,1832,11814,316
> Total Liabilities 
1,478,516
2,298,990
2,602,709
2,869,622
2,916,349
3,167,181
2,689,126
3,130,571
3,328,166
3,349,412
3,562,732
9,183,848
8,202,533
5,264,702
2,821,980
2,450,260
3,991,500
3,991,5002,450,2602,821,9805,264,7028,202,5339,183,8483,562,7323,349,4123,328,1663,130,5712,689,1263,167,1812,916,3492,869,6222,602,7092,298,9901,478,516
   > Total Current Liabilities 
356,736
699,016
681,016
869,108
887,772
2,213,808
2,005,004
2,410,883
2,467,021
2,344,483
2,456,911
3,258,959
3,256,077
3,196,905
2,079,250
1,825,770
3,145,910
3,145,9101,825,7702,079,2503,196,9053,256,0773,258,9592,456,9112,344,4832,467,0212,410,8832,005,0042,213,808887,772869,108681,016699,016356,736
       Short-term Debt 
0
0
0
0
0
0
576,172
882,519
867,349
392,516
658,771
1,376,654
1,327,926
1,365,046
321,440
65,850
1,347,630
1,347,63065,850321,4401,365,0461,327,9261,376,654658,771392,516867,349882,519576,172000000
       Short Long Term Debt 
0
0
0
0
0
0
0
1,415,372
149,280
206,137
658,771
1,361,287
1,318,582
1,335,642
19,360
37,620
1,298,540
1,298,54037,62019,3601,335,6421,318,5821,361,287658,771206,137149,2801,415,3720000000
       Accounts payable 
0
0
0
0
0
0
568,176
689,765
775,270
846,693
536,557
669,629
685,687
599,488
354,590
518,680
448,760
448,760518,680354,590599,488685,687669,629536,557846,693775,270689,765568,176000000
       Other Current Liabilities 
356,736
699,016
681,016
869,108
887,772
2,213,808
860,656
838,599
824,402
1,105,274
1,261,583
1,212,676
136
136
9,100
6,250
222,110
222,1106,2509,1001361361,212,6761,261,5831,105,274824,402838,599860,6562,213,808887,772869,108681,016699,016356,736
   > Long-term Liabilities 
1,121,780
1,599,975
1,921,693
2,000,514
2,028,578
953,373
684,122
719,688
861,145
1,004,929
1,105,821
5,924,889
4,946,456
2,067,797
742,730
624,490
845,590
845,590624,490742,7302,067,7974,946,4565,924,8891,105,8211,004,929861,145719,688684,122953,3732,028,5782,000,5141,921,6931,599,9751,121,780
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
652,787
737,704
1,423,074
1,665,748
1,758,345
362,760
126,670
332,000
332,000126,670362,7601,758,3451,665,7481,423,074737,704652,787000000000
       Other Liabilities 
0
0
0
0
0
0
0
328,007
303,735
346,458
630,018
4,501,815
3,280,708
309,460
379,970
497,820
513,590
513,590497,820379,970309,4603,280,7084,501,815630,018346,458303,735328,0070000000
> Total Stockholder Equity
692,635
1,188,820
838,465
866,815
863,218
927,707
1,418,860
1,787,588
1,929,260
2,399,026
3,006,751
7,776,705
8,025,580
4,595,839
5,958,250
6,575,500
7,258,670
7,258,6706,575,5005,958,2504,595,8398,025,5807,776,7053,006,7512,399,0261,929,2601,787,5881,418,860927,707863,218866,815838,4651,188,820692,635
   Common Stock
99,900
147,164
147,164
115,295
115,295
115,295
115,995
231,990
231,990
231,990
231,990
231,990
231,990
231,990
231,990
231,990
463,980
463,980231,990231,990231,990231,990231,990231,990231,990231,990231,990115,995115,295115,295115,295147,164147,16499,900
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-334,927
-440,379
-607,952
-790,023
-957,754
-1,070,272
-1,166,865
-1,369,328
-1,692,684
-1,929,603
-1,474,731
-348,232
-679,074
-1,034,777
867,120
867,200
867,280
867,280867,200867,120-1,034,777-679,074-348,232-1,474,731-1,929,603-1,692,684-1,369,328-1,166,865-1,070,272-957,754-790,023-607,952-440,379-334,927
   Capital Surplus 
0
0
0
0
0
0
0
0
0
378,414
378,414
378,414
378,414
378,414
378,410
378,410
368,620
368,620378,410378,410378,414378,414378,414378,414378,414000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
927,661
1,482,035
1,299,252
1,541,543
1,705,677
1,882,684
2,469,730
2,394,556
2,759,757
4,096,639
2,680,254
3,736,989
3,630,677
-4,192,970
378,410
378,410
-6,865,510
-6,865,510378,410378,410-4,192,9703,630,6773,736,9892,680,2544,096,6392,759,7572,394,5562,469,7301,882,6841,705,6771,541,5431,299,2521,482,035927,661



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue32,406,340
Cost of Revenue-26,158,300
Gross Profit6,248,0406,248,040
 
Operating Income (+$)
Gross Profit6,248,040
Operating Expense-5,425,050
Operating Income870,330822,990
 
Operating Expense (+$)
Research Development10,810
Selling General Administrative2,200,150
Selling And Marketing Expenses1,730
Operating Expense5,425,0502,212,690
 
Net Interest Income (+$)
Interest Income124,250
Interest Expense-39,020
Other Finance Cost-124,250
Net Interest Income-39,020
 
Pretax Income (+$)
Operating Income870,330
Net Interest Income-39,020
Other Non-Operating Income Expenses0
Income Before Tax (EBT)817,430923,230
EBIT - interestExpense = 819,510
817,460
618,780
Interest Expense39,020
Earnings Before Interest and Taxes (EBIT)858,530856,450
Earnings Before Interest and Taxes (EBITDA)1,420,000
 
After tax Income (+$)
Income Before Tax817,430
Tax Provision-237,700
Net Income From Continuing Ops579,760579,730
Net Income579,760
Net Income Applicable To Common Shares579,760
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses31,583,350
Total Other Income/Expenses Net-52,90039,020
 

Technical Analysis of Heritage Foods Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Heritage Foods Limited. The general trend of Heritage Foods Limited is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Heritage Foods Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Heritage Foods Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 355.00.

The bearish price targets are: 314.90 > 305.95 > 287.80.

Tweet this
Heritage Foods Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Heritage Foods Limited. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Heritage Foods Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Heritage Foods Limited. The current macd is 2.7401479.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Heritage Foods Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Heritage Foods Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Heritage Foods Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Heritage Foods Limited Daily Moving Average Convergence/Divergence (MACD) ChartHeritage Foods Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Heritage Foods Limited. The current adx is 25.99.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Heritage Foods Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Heritage Foods Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Heritage Foods Limited. The current sar is 306.69.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Heritage Foods Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Heritage Foods Limited. The current rsi is 54.76. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Heritage Foods Limited Daily Relative Strength Index (RSI) ChartHeritage Foods Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Heritage Foods Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Heritage Foods Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Heritage Foods Limited Daily Stochastic Oscillator ChartHeritage Foods Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Heritage Foods Limited. The current cci is 51.83.

Heritage Foods Limited Daily Commodity Channel Index (CCI) ChartHeritage Foods Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Heritage Foods Limited. The current cmo is 11.17.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Heritage Foods Limited Daily Chande Momentum Oscillator (CMO) ChartHeritage Foods Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Heritage Foods Limited. The current willr is -35.35911602.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Heritage Foods Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Heritage Foods Limited Daily Williams %R ChartHeritage Foods Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Heritage Foods Limited.

Heritage Foods Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Heritage Foods Limited. The current atr is 12.91.

Heritage Foods Limited Daily Average True Range (ATR) ChartHeritage Foods Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Heritage Foods Limited. The current obv is 49,299,161.

Heritage Foods Limited Daily On-Balance Volume (OBV) ChartHeritage Foods Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Heritage Foods Limited. The current mfi is 55.64.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Heritage Foods Limited Daily Money Flow Index (MFI) ChartHeritage Foods Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Heritage Foods Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Heritage Foods Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Heritage Foods Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.761
Ma 20Greater thanMa 50332.230
Ma 50Greater thanMa 100325.556
Ma 100Greater thanMa 200291.748
OpenGreater thanClose341.000
Total5/5 (100.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Heritage Foods Limited with someone you think should read this too:
  • Are you bullish or bearish on Heritage Foods Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Heritage Foods Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Heritage Foods Limited

I send you an email if I find something interesting about Heritage Foods Limited.


Comments

How you think about this?

Leave a comment

Stay informed about Heritage Foods Limited.

Receive notifications about Heritage Foods Limited in your mailbox!