| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
SHM Stock Overview
Shriro Holdings Limited, together with its subsidiaries, manufactures and distributes kitchen appliances and consumer products in Australia and New Zealand.
Shriro Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.81 |
| 52 Week High | AU$1.25 |
| 52 Week Low | AU$0.71 |
| Beta | 0.84 |
| 1 Month Change | 1.25% |
| 3 Month Change | -15.63% |
| 1 Year Change | -23.22% |
| 3 Year Change | 31.71% |
| 5 Year Change | -27.68% |
| Change since IPO | -25.00% |
Recent News & Updates
The Returns On Capital At Shriro Holdings (ASX:SHM) Don't Inspire Confidence
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
| SHM | AU Consumer Durables | AU Market | |
|---|---|---|---|
| 7D | 5.2% | 5.1% | 1.0% |
| 1Y | -23.2% | -34.0% | -7.9% |
Return vs Industry: SHM exceeded the Australian Consumer Durables industry which returned -34% over the past year.
Return vs Market: SHM underperformed the Australian Market which returned -7.9% over the past year.
Price Volatility
| SHM volatility | |
|---|---|
| SHM Average Weekly Movement | 5.9% |
| Consumer Durables Industry Average Movement | 7.2% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in AU Market | 17.5% |
| 10% least volatile stocks in AU Market | 4.7% |
Stable Share Price: SHM is less volatile than 75% 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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 231 | Tim Hargreaves | https://www.shriro.com.au |
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 | |
|---|---|
| Market Cap | AU$77.89m |
| Earnings (TTM) | AU$8.25m |
| Revenue (TTM) | AU$171.92m |
9.4x
P/E Ratio0.5x
P/S RatioIs SHM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHM income statement (TTM) | |
|---|---|
| Revenue | AU$171.92m |
| Cost of Revenue | AU$98.91m |
| Gross Profit | AU$73.01m |
| Other Expenses | AU$64.76m |
| Earnings | AU$8.25m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.086 |
| Gross Margin | 42.47% |
| Net Profit Margin | 4.80% |
| Debt/Equity Ratio | 0% |
How did SHM perform over the long term?
See historical performance and comparisonDividends
14.8%
Current Dividend Yield208%
Payout RatioValuation
Is SHM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SHM?
Other financial metrics that can be useful for relative valuation.
| What is SHM's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$77.89m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.5x |
| Enterprise Value/EBITDA | 5.2x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does SHM's PE Ratio compare to its peers?
| SHM PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 21.3x | ||
TWD Tamawood | 14.4x | n/a | AU$81.7m |
GAP Gale Pacific | 13.2x | n/a | AU$80.2m |
AMS Atomos | 27.8x | 47.0% | AU$77.8m |
BRG Breville Group | 29.8x | 11.7% | AU$3.2b |
SHM Shriro Holdings | 9.4x | n/a | AU$77.9m |
Price-To-Earnings vs Peers: SHM is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (21.3x).
Price to Earnings Ratio vs Industry
How does SHM's PE Ratio compare vs other companies in the Global Consumer Durables Industry?
Price-To-Earnings vs Industry: SHM is good value based on its Price-To-Earnings Ratio (9.4x) compared to the Global Consumer Durables industry average (12.8x)
Price to Earnings Ratio vs Fair Ratio
What is SHM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 9.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SHM's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SHM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SHM (A$0.81) is trading above our estimate of fair value (A$0.58)
Significantly Below Fair Value: SHM is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Shriro Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.8%
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.
Discover growth companies
- Examine Shriro Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Shriro Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Shriro Holdings performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-5.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHM has high quality earnings.
Growing Profit Margin: SHM's current net profit margins (4.8%) are lower than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: SHM's earnings have declined by 5.4% per year over the past 5 years.
Accelerating Growth: SHM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHM had negative earnings growth (-54.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (-18.9%).
Return on Equity
High ROE: SHM's Return on Equity (11.9%) is considered low.
Discover strong past performing companies
Financial Health
How is Shriro Holdings's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SHM's short term assets (A$91.2M) exceed its short term liabilities (A$30.7M).
Long Term Liabilities: SHM's short term assets (A$91.2M) exceed its long term liabilities (A$9.5M).
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 10.4%.
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.
Balance Sheet
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Dividend
What is Shriro Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
14.81%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHM's dividend (14.81%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: SHM's dividend (14.81%) is in the top 25% of dividend payers in the Australian market (6.24%)
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.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (207.5%), SHM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (198.7%), SHM's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Tim Hargreaves
4.58yrs
Tenure
AU$1,218,229
Compensation
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: Insufficient data to establish whether Tim's total compensation is reasonable compared to companies of similar size in the Australian market.
Compensation vs Earnings: Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: SHM's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: SHM's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Shriro Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Shriro Holdings Limited
- Ticker: SHM
- Exchange: ASX
- Founded: 1982
- Industry: Household Appliances
- Sector: Consumer Durables
- Implied Market Cap: AU$77.887m
- Shares outstanding: 96.16m
- Website: https://www.shriro.com.au
Number of Employees
Location
- Shriro Holdings Limited
- 67 Albert Street
- Level 7
- Chatswood
- New South Wales
- 2067
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/07 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.