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Shriro Holdings

ASX:SHM
Snowflake Description

Undervalued with solid track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SHM
ASX
A$53M
Market Cap
  1. Home
  2. AU
  3. Consumer Durables
Company description

Shriro Holdings Limited manufactures and distributes kitchen appliances and consumer products in Australia and New Zealand. The last earnings update was 163 days ago. More info.


Add to Portfolio Compare Print
  • Shriro Holdings has significant price volatility in the past 3 months.
SHM Share Price and Events
7 Day Returns
-0.9%
ASX:SHM
2.4%
AU Consumer Durables
1.7%
AU Market
1 Year Returns
-67.5%
ASX:SHM
-17.5%
AU Consumer Durables
-3.7%
AU Market
SHM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shriro Holdings (SHM) -0.9% 4.7% -44% -67.5% -30.9% -
AU Consumer Durables 2.4% -0.1% -14.7% -17.5% 40.1% 11.5%
AU Market 1.7% 4.7% -2.5% -3.7% 21.9% 2.9%
1 Year Return vs Industry and Market
  • SHM underperformed the Consumer Durables industry which returned -17.5% over the past year.
  • SHM underperformed the Market in Australia which returned -3.7% over the past year.
Price Volatility
SHM
Industry
5yr Volatility vs Market

Value

 Is Shriro Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Shriro Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Shriro Holdings.

ASX:SHM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:SHM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 7.7%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.8
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.795 (1 + (1- 30%) (17.93%))
0.895
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.895 * 7.69%)
9.19%

Discounted Cash Flow Calculation for ASX:SHM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Shriro Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:SHM DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (AUD, Millions) 11.40 8.80 9.02 9.24 9.47
Source Analyst x1 Analyst x1 Est @ 2.46% Est @ 2.46% Est @ 2.46%
Present Value
Discounted (@ 9.19%)
10.44 7.38 6.93 6.50 6.10
Present value of next 5 years cash flows A$37.35
ASX:SHM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= A$9.47 × (1 + 2.31%) ÷ (9.19% – 2.31%)
A$140.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= A$140.79 ÷ (1 + 9.19%)5
A$90.71
ASX:SHM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= A$37.35 + A$90.71
A$128.05
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$128.05 / 95.09
A$1.35
ASX:SHM Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$1.35
Current discount Discount to share price of A$0.56
= -1 x (A$0.56 - A$1.35) / A$1.35
58.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Shriro Holdings is available for.
Intrinsic value
>50%
Share price is A$0.56 vs Future cash flow value of A$1.35
Current Discount Checks
For Shriro Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Shriro Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Shriro Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Shriro Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shriro Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:SHM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in AUD A$0.15
ASX:SHM Share Price ** ASX (2019-01-18) in AUD A$0.56
Australia Consumer Durables Industry PE Ratio Median Figure of 9 Publicly-Listed Consumer Durables Companies 10.01x
Australia Market PE Ratio Median Figure of 557 Publicly-Listed Companies 15.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Shriro Holdings.

ASX:SHM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:SHM Share Price ÷ EPS (both in AUD)

= 0.56 ÷ 0.15

3.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shriro Holdings is good value based on earnings compared to the AU Consumer Durables industry average.
  • Shriro Holdings is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does Shriro Holdings's expected growth come at a high price?
Raw Data
ASX:SHM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-15.1%per year
Australia Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 0.7x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

ASX:SHM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 3.65x ÷ -15.1%

-0.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shriro Holdings earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shriro Holdings's assets?
Raw Data
ASX:SHM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in AUD A$0.56
ASX:SHM Share Price * ASX (2019-01-18) in AUD A$0.56
Australia Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.33x
Australia Market PB Ratio Median Figure of 1,662 Publicly-Listed Companies 1.63x
ASX:SHM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:SHM Share Price ÷ Book Value per Share (both in AUD)

= 0.56 ÷ 0.56

0.99x

* Primary Listing of Shriro Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shriro Holdings is good value based on assets compared to the AU Consumer Durables industry average.
X
Value checks
We assess Shriro Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Shriro Holdings has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Shriro Holdings expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-15.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shriro Holdings expected to grow at an attractive rate?
  • Shriro Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Shriro Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.
  • Shriro Holdings's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:SHM Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:SHM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -15.1%
ASX:SHM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -0.6%
Australia Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 10.3%
Australia Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 8.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 5.5%
Australia Market Revenue Growth Rate Market Cap Weighted Average 2.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:SHM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:SHM Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 177 12 8 2
2019-12-31 174 15 7 2
2018-12-31 174 9 7 2
ASX:SHM Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-06-30 185 7 15
2018-03-31 186 12 15
2017-12-31 188 17 15
2017-09-30 189 20 14
2017-06-30 191 22 13
2017-03-31 187 19 13
2016-12-31 183 16 13
2016-09-30 183 15 13
2016-06-30 182 15 13
2016-03-31 184 20 10
2015-12-31 186 25 7
2015-09-30 184 24 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Shriro Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Shriro Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:SHM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Shriro Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:SHM Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.08 0.09 0.07 2.00
2019-12-31 0.08 0.08 0.07 2.00
2018-12-31 0.08 0.08 0.07 2.00
ASX:SHM Past Financials Data
Date (Data in AUD Millions) EPS *
2018-06-30 0.15
2018-03-31 0.15
2017-12-31 0.15
2017-09-30 0.15
2017-06-30 0.14
2017-03-31 0.14
2016-12-31 0.14
2016-09-30 0.14
2016-06-30 0.14
2016-03-31 0.12
2015-12-31 0.09
2015-09-30 0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Shriro Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Shriro Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Shriro Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Shriro Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Shriro Holdings's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Shriro Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Shriro Holdings's 1-year earnings growth is less than its 5-year average (9% vs 26.8%)
  • Shriro Holdings's earnings growth has exceeded the AU Consumer Durables industry average in the past year (9% vs 2.3%).
Earnings and Revenue History
Shriro Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Shriro Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:SHM Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 184.50 14.57 44.32
2018-03-31 186.41 14.54 43.97
2017-12-31 188.33 14.50 43.62
2017-09-30 189.42 13.93 44.21
2017-06-30 190.52 13.36 44.80
2017-03-31 186.99 13.26 44.54
2016-12-31 183.46 13.16 44.29
2016-09-30 182.95 13.27 44.70
2016-06-30 182.43 13.37 45.12
2016-03-31 184.37 10.24 45.74
2015-12-31 186.30 7.12 46.37
2015-09-30 184.40 4.20 45.95
2015-06-30 182.49 1.28 45.53
2015-03-31 180.11 3.54 45.36
2014-12-31 177.73 5.79 45.19
2013-12-31 156.60 9.00 45.90
2012-12-31 164.00 6.60 48.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Shriro Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Shriro Holdings used its assets more efficiently than the AU Consumer Durables industry average last year based on Return on Assets.
  • Shriro Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Shriro Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Shriro Holdings has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Shriro Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Shriro Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shriro Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Shriro Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shriro Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 8.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Shriro Holdings Company Filings, last reported 6 months ago.

ASX:SHM Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 53.67 9.55 0.29
2018-03-31 53.67 9.55 0.29
2017-12-31 57.17 5.47 3.45
2017-09-30 57.17 5.47 3.45
2017-06-30 49.91 3.46 0.80
2017-03-31 49.91 3.46 0.80
2016-12-31 53.27 5.54 0.02
2016-09-30 53.27 5.54 0.02
2016-06-30 47.12 11.84 0.01
2016-03-31 47.12 11.84 0.01
2015-12-31 47.70 10.43 1.04
2015-09-30 47.70 10.43 1.04
2015-06-30 38.11 19.47 2.01
2015-03-31 38.11 19.47 2.01
2014-12-31 28.49 39.40 2.11
2013-12-31
2012-12-31
  • Shriro Holdings's level of debt (17.8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Shriro Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (68.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 42.6x coverage).
X
Financial health checks
We assess Shriro Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Shriro Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Shriro Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
19.64%
Current annual income from Shriro Holdings dividends. Estimated to be 9.52% next year.
If you bought A$2,000 of Shriro Holdings shares you are expected to receive A$393 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Shriro Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.67%).
  • Shriro Holdings's dividend is above the markets top 25% of dividend payers in Australia (6.14%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:SHM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Australia Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 421 Stocks 4.6%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 6.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:SHM Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.05 2.00
2019-12-31 0.05 2.00
2018-12-31 0.05 2.00
ASX:SHM Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2018-08-09 0.110 14.823
2018-02-07 0.110 8.590
2017-02-14 0.100 7.786
2016-08-23 0.060 4.906
2016-02-24 0.060 6.807

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Shriro Holdings has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Shriro Holdings only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Shriro Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess Shriro Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Shriro Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shriro Holdings has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Shriro Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Shriro Holdings has no CEO, or we have no data on them.
Management Team

Shane Booth

TITLE
CFO & Company Secretary
COMPENSATION
A$564K

Anthony Hill

TITLE
General Manager of Housewares
Board of Directors

Vasco Fung

TITLE
Non-Executive Director
COMPENSATION
A$98K
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Shriro Holdings insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
17. Dec 18 Buy John Ingram Individual 11. Dec 18 11. Dec 18 50,000 A$0.59 A$29,537
07. Nov 18 Sell Macquarie Investment Management Australia Limited Company 30. Aug 18 02. Nov 18 -2,538,758 A$1.16 A$-2,944,958
07. Nov 18 Buy Macquarie Investment Management Australia Limited Company 30. Aug 18 02. Nov 18 450,132 A$1.17 A$526,654
06. Nov 18 Sell Mason Stevens Asset Management Pty Ltd Company 05. Nov 18 05. Nov 18 -3,588,397 A$0.57 A$-2,045,382
03. Sep 18 Sell Macquarie Investment Management Australia Limited Company 18. Jun 18 26. Jul 18 -40,881 A$1.24 A$-50,838
03. Sep 18 Buy Macquarie Investment Management Australia Limited Company 22. Jun 18 10. Aug 18 971,701 A$1.28 A$1,241,147
23. Aug 18 Buy Gary Weiss Individual 01. Dec 16 21. Aug 18 2,982,406 A$1.15 A$3,245,601
20. Jun 18 Sell Macquarie Investment Management Australia Limited Company 22. Feb 18 30. May 18 -173,890 A$1.55 A$-269,101
20. Jun 18 Buy Macquarie Investment Management Australia Limited Company 16. Feb 18 15. Jun 18 2,997,397 A$1.59 A$4,765,862
14. Feb 18 Sell Shriro Pacific Ltd. Company 13. Feb 18 13. Feb 18 -8,000,000 A$1.35 A$-10,800,003
14. Feb 18 Sell Australian Ethical Investment Ltd Company 27. Jul 16 05. Dec 17 -430,737 A$1.65 A$-543,641
X
Management checks
We assess Shriro Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Shriro Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

Shriro Holdings Limited (ASX:SHM) Earns A Nice Return On Capital Employed

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … The formula for calculating the return on capital employed is:

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Interested In Shriro Holdings Limited (ASX:SHM)’s Upcoming AU$0.04 Dividend? You Have 2 Days Left

Investors who want to cash in on Shriro Holdings Limited's (ASX:SHM) upcoming dividend of AU$0.04 per share have only 2 days left to buy the shares before its ex-dividend date, 27 August 2018, in time for dividends payable on the 14 September 2018. … How I analyze a dividend stock? … Will the company be able to keep paying dividend based on the future earnings growth

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Shriro Holdings Limited (ASX:SHM): Time For A Financial Health Check

While small-cap stocks, such as Shriro Holdings Limited (ASX:SHM) with its market cap of AU$96.99m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Consumer Durables businesses operating in the environment facing headwinds from current disruption,.

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What Is Shriro Holdings Limited's (ASX:SHM) Share Price Doing?

Shriro Holdings Limited (ASX:SHM), a consumer durables company based in Australia,. … A question to answer is whether Shriro Holdings's current trading price of A$1 reflective of the actual value of the? … Let’s take a look at Shriro Holdings’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

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What Are The Drivers Of Shriro Holdings Limited's (ASX:SHM) Risks?

Broadly speaking, there are two types of risk you should consider when investing in stocks such as SHM. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

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Why Shriro Holdings Limited (ASX:SHM) Is An Attractive Investment

Shriro Holdings Limited (ASX:SHM) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of SHM, it

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What To Know Before Buying Shriro Holdings Limited (ASX:SHM) For Its Dividend

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … In the past 2 years Shriro Holdings Limited (ASX:SHM) has returned an average of 7.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether Shriro Holdings should have a place in your portfolio.

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Is Shriro Holdings Limited (ASX:SHM) A Buy At Its Current PE Ratio?

and want to better understand how you can grow your money by investing in Shriro Holdings Limited (ASX:SHM). … Shriro Holdings Limited (ASX:SHM) trades with a trailing P/E of 8.2x, which is lower than the industry average of 15.5x. … Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind

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Shriro Holdings Limited (ASX:SHM): Are Forecast Margins sustainable?

As analysts forecast … Shriro Holdings Limited (ASX:SHM) to … it's important to take a step back

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My Concerns Around Shriro Holdings Limited (ASX:SHM)

Shriro Holdings Limited (ASX:SHM) is a company I've been following for a while, and the biggest I see is around the sustainability of the business going forward. … Although SHM seems to be managing its financials well, and appears to be currently undervalued, meaning we can buy its shares at a good price, I would rather buy an outstanding business at an OK price. … Furthermore, comparing SHM's current share price to its peers based on its industry and earnings level, it's undervalued by 84.95%, with a PE ratio of 7.8x vs.

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Company Info

Map
Description

Shriro Holdings Limited 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. The Consumer Products segment provides watches, calculators, electronic musical instruments, projectors, point of sale terminals, cameras, barbeques, heaters, fans, air purifiers/dehumidifiers, and speakers, as well as fashion, car audio, professional DJ, amplifier, and Hi Fi products. The company offers its products under its own brands, including Omega, Robinhood, Everdure, and Omega Altise; and third party owned brands, such as Casio, Blanco, and Pioneer. Shriro Holdings Limited was incorporated in 2015 and is headquartered in Kingsgrove, Australia.

Details
Name: Shriro Holdings Limited
SHM
Exchange: ASX
Founded: 2015
A$53,249,000
95,087,500
Website: http://www.shriro.com.au
Address: Shriro Holdings Limited
104 Vanessa Street,
Kingsgrove,
New South Wales, 2208,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX SHM Ordinary Shares Australian Securities Exchange AU AUD 23. Jun 2015
Number of employees
Current staff
Staff numbers
262
Shriro Holdings employees.
Industry
Household Appliances
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/19 10:36
End of day share price update: 2019/01/18 00:00
Last estimates confirmation: 2019/01/10
Last earnings filing: 2018/08/09
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.