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Pranab Vlogs
Posted 1 month ago

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Pranab Vlogs
Posted 1 month ago

Top Monopoly stocks in India –

Nestle



Established in 1959, Nestle is the parent company of some of the top brands including the iconic Nescafe coffee, chocolates like Kitkat, Barone, Milky bar, and Munch, and the most popular Maggie. Maggie is so popular that people do not say give me a noodle, they say that give me maggie. Another popular brand is Cerelec. People do not say that give me baby food, they say that give me Cerelac.
Nestle enjoys more than 95% market share in the infant nutrition category and more than 40% market share in the noodle category.
Both these categories would continue to grow on account of increasing awareness towards branded and quality food especially in the towns and rural part of the country. As the income levels are rising, people would increase the consumption of branded products and Nestle would enjoy good growth in the future.
Over the past 5 years, Nestle's profits have grown at a CAGR of 18.6% and its average ROCE is 79.4% which is again brilliant.
Nestle is currently trading at a TTM PE of 77 whereas its median PE in 5 years is 68. So Nestle is looking fairly valued at current levels and investors can certainly invest in Nestle from a long-term perspective.

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Pranab Vlogs
Posted 1 year ago

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Pranab Vlogs
Posted 1 year ago

Kaziranga National park and orchid park visit.

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Pranab Vlogs
Posted 1 year ago

Me Dam Me Phi 2024 31st January.

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