Shriro Holdings Limited, together with its subsidiaries, manufactures and distributes kitchen appliances and consumer products in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.07|
|52 Week High||AU$0.75|
|52 Week Low||AU$1.25|
|1 Month Change||-4.04%|
|3 Month Change||-0.93%|
|1 Year Change||34.59%|
|3 Year Change||7.00%|
|5 Year Change||-21.90%|
|Change since IPO||-0.93%|
Recent News & Updates
Shriro Holdings (ASX:SHM) Will Pay A Larger Dividend Than Last Year At AU$0.06
The board of Shriro Holdings Limited ( ASX:SHM ) has announced that it will be increasing its dividend by 100% on the...
Shriro Holdings (ASX:SHM) Knows How To Allocate Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Shareholders May Be More Conservative With Shriro Holdings Limited's (ASX:SHM) CEO Compensation For Now
Performance at Shriro Holdings Limited ( ASX:SHM ) has been reasonably good and CEO Tim Hargreaves has done a decent...
|SHM||AU Consumer Durables||AU Market|
Return vs Industry: SHM exceeded the Australian Consumer Durables industry which returned 3.2% over the past year.
Return vs Market: SHM exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: SHM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SHM's weekly volatility (6%) has been stable over the past year.
About the Company
Shriro Holdings Limited, together with its subsidiaries, manufactures and distributes kitchen appliances and consumer products in Australia and New Zealand. It operates through Kitchen Appliances and Consumer Products segments. The Kitchen Appliances segment offers ovens, cooktops, rangehoods, dishwashers, sinks, taps, ironing systems, and laundry tubs, as well as waste disposal and ducting solutions.
Shriro Holdings Fundamentals Summary
|SHM fundamental statistics|
Is SHM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SHM income statement (TTM)|
|Cost of Revenue||AU$111.31m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||7.18%|
How did SHM perform over the long term?See historical performance and comparison
9.3%Current Dividend Yield
Is Shriro Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHM (A$1.07) is trading below our estimate of fair value (A$1.4)
Significantly Below Fair Value: SHM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHM is good value based on its PE Ratio (7.5x) compared to the Australian Consumer Durables industry average (15.7x).
PE vs Market: SHM is good value based on its PE Ratio (7.5x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SHM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SHM is good value based on its PB Ratio (1.5x) compared to the AU Consumer Durables industry average (2.7x).
How is Shriro Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shriro Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Shriro Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHM has high quality earnings.
Growing Profit Margin: SHM's current net profit margins (7.2%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: SHM's earnings have declined by 5.5% per year over the past 5 years.
Accelerating Growth: SHM's earnings growth over the past year (59.6%) exceeds its 5-year average (-5.5% per year).
Earnings vs Industry: SHM earnings growth over the past year (59.6%) exceeded the Consumer Durables industry 44.2%.
Return on Equity
High ROE: SHM's Return on Equity (20.5%) is considered high.
How is Shriro Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SHM's short term assets (A$87.5M) exceed its short term liabilities (A$31.0M).
Long Term Liabilities: SHM's short term assets (A$87.5M) exceed its long term liabilities (A$11.0M).
Debt to Equity History and Analysis
Debt Level: SHM is debt free.
Reducing Debt: SHM has no debt compared to 5 years ago when its debt to equity ratio was 24.9%.
Debt Coverage: SHM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHM has no debt, therefore coverage of interest payments is not a concern.
What is Shriro Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHM's dividend (9.35%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: SHM's dividend (9.35%) is in the top 25% of dividend payers in the Australian market (5.32%)
Stability and Growth of Payments
Stable Dividend: SHM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHM's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (84.3%), SHM's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Tim John Hargreaves has been the Chief Executive Officer of Shriro Holdings Limited since January 1, 2018 and served as General Manager of Casio Australia June 2001. Mr. John has been Managing Director...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD904.20K) is above average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.
Experienced Management: SHM's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: SHM's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shriro Holdings Limited's employee growth, exchange listings and data sources
- Name: Shriro Holdings Limited
- Ticker: SHM
- Exchange: ASX
- Founded: 1982
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: AU$101.744m
- Shares outstanding: 95.09m
- Website: https://www.shriro.com.au
Number of Employees
- Shriro Holdings Limited
- 67 Albert Street
- Level 7
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:04|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.