BSE:500147

Stock Analysis Report

Executive Summary

CMI FPE Limited engages in the design, engineering, manufacturing, and installation of cold rolling mill complexes, processing lines, chemical equipment, industrial furnaces, and auxiliary equipment components for the steel industry in India, Spain, Bangladesh, Belgium, and internationally.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Share Price & News

How has CMI FPE's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-14.0%

500147

0.9%

IN Machinery

2.3%

IN Market


1 Year Return

19.5%

500147

-15.1%

IN Machinery

0.3%

IN Market

Return vs Industry: 500147 exceeded the Indian Machinery industry which returned -15.1% over the past year.

Return vs Market: 500147 exceeded the Indian Market which returned 0.3% over the past year.


Shareholder returns

500147IndustryMarket
7 Day-14.0%0.9%2.3%
30 Day-5.0%2.7%2.2%
90 Day-27.6%-8.1%-2.7%
1 Year20.8%19.5%-13.6%-15.1%2.3%0.3%
3 Year104.8%101.6%-2.1%-5.7%20.7%14.7%
5 Year73.0%70.3%39.2%31.4%41.4%28.2%

Price Volatility Vs. Market

How volatile is CMI FPE's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CMI FPE undervalued compared to its fair value and its price relative to the market?

11.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: 500147 (₹798.7) is trading above our estimate of fair value (₹84.67)

Significantly Undervalued: 500147 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500147 is good value based on its PE Ratio (11.1x) compared to the Machinery industry average (12.4x).

PE vs Market: 500147 is good value based on its PE Ratio (11.1x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 500147's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500147 is overvalued based on its PB Ratio (2.1x) compared to the IN Machinery industry average (1.2x).


Next Steps

Future Growth

How is CMI FPE forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500147's earnings are forecast to decline over the next 3 years (-1.4% per year).

Earnings vs Market: 500147's earnings are forecast to decline over the next 3 years (-1.4% per year).

High Growth Earnings: 500147's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 500147's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 500147's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 500147's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has CMI FPE performed over the past 5 years?

38.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 500147 has become profitable over the past 5 years, growing earnings by 38.1% per year.

Accelerating Growth: 500147's earnings growth over the past year (260.2%) exceeds its 5-year average (38.1% per year).

Earnings vs Industry: 500147 earnings growth over the past year (260.2%) exceeded the Machinery industry 13.7%.


Return on Equity

High ROE: 500147's Return on Equity (18.6%) is considered low.


Return on Assets

ROA vs Industry: 500147's Return on Assets is below or equal to the Machinery industry average last year.


Return on Capital Employed

ROCE Improving: 500147's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is CMI FPE's financial position?


Financial Position Analysis

Short Term Liabilities: 500147's short term assets (₹5.0B) exceeds its short term liabilities (₹3.8B)

Long Term Liabilities: 500147's short term assets (5.0B) exceeds its long term liabilities (176.0M)


Debt to Equity History and Analysis

Debt Level: 500147 is debt free.

Reducing Debt: 500147 has no debt compared to 5 years ago when its debt to equity ratio was 26.4%.

Debt Coverage: 500147 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500147 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 500147 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 500147's debt is covered by short term assets.


Next Steps

Dividend

What is CMI FPE's current dividend yield, its reliability and sustainability?

1.25%

Current Dividend Yield


Dividend Yield vs Market

company1.3%marketbottom25%0.6%markettop25%2.5%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 500147's dividend (1.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 500147's dividend (1.25%) is low compared to the top 25% of dividend payers in the Indian market (2.5%).

Stable Dividend: 500147's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500147's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.9%), 500147's dividend payments are thoroughly 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.


Next Steps

Management

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

6.0yrs

Average board tenure


CEO

Raman Madhok (61yo)

6yrs

Tenure

₹55,266,000

Compensation

Mr. Raman Madhok has been the Managing Director of CMI FPE Ltd since October 9, 2013. Mr. Madhok was associated with CMI FPE in various roles since year 2007 and previously served as its Managing Director  ...


CEO Compensation Analysis

Compensation vs. Market: Raman's total compensation ($USD773.11K) is about average for companies of similar size in the Indian market ($USD25.26K).

Compensation vs Earnings: Raman's compensation has been consistent with company performance over the past year.


Board Age and Tenure

6.0yrs

Average Tenure

62yo

Average Age

Experienced Board: 500147's board of directors are considered experienced (6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Raman Madhok (61yo)

    MD & Director

    • Tenure: 6yrs
    • Compensation: ₹55.27m
  • Gopalchandra Bose (77yo)

    Director of Works

    • Tenure: 0yrs
    • Compensation: ₹2.65m
  • J. Sachdev (65yo)

    Director of Purchase

    • Tenure: 0yrs
    • Compensation: ₹3.23m
  • Satish Avhad

    Executive Officer

    • Tenure: 0yrs
  • Vijay Karayi

    Chief Information Officer and Director of Management Assurnace & QMS

    • Tenure: 0yrs
  • Haresh Vala

    Compliance Officer & Company Secretary

    • Tenure: 4.4yrs
    • Compensation: ₹2.79m
  • Amul Niphadkar

    Vice President of Human Resources

    • Tenure: 0yrs
  • Deepak Khanna

    Chief Operating Officer of Engineering

    • Tenure: 0yrs

Board Members

  • Natararajan Sundararajan (69yo)

    Non-Executive Independent Director

    • Tenure: 9yrs
    • Compensation: ₹2.00m
  • Doveton Jagannathrao Rao (80yo)

    Non-Executive Independent Director

    • Tenure: 11yrs
    • Compensation: ₹2.06m
  • Raman Madhok (61yo)

    MD & Director

    • Tenure: 6yrs
    • Compensation: ₹55.27m
  • Yves Honhon (56yo)

    Non-Executive Director

    • Tenure: 11.3yrs
  • Roma Balwani (67yo)

    Non-Executive Independent Director

    • Tenure: 5yrs
    • Compensation: ₹1.35m
  • Fabrice Orban (45yo)

    Non-Executive Director

    • Tenure: 5.7yrs
  • Joao Da Silva (62yo)

    Chairman of the Board

    • Tenure: 2.4yrs

Company Information

CMI FPE Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CMI FPE Limited
  • Ticker: 500147
  • Exchange: BSE
  • Founded: 1986
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹4.124b
  • Shares outstanding: 4.94m
  • Website: https://cmifpe.com

Number of Employees


Location

  • CMI FPE Limited
  • Mehta House
  • Plot No. 64
  • Mumbai
  • Maharashtra
  • 400093
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500147BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 1994

Biography

CMI FPE Limited engages in the design, engineering, manufacturing, and installation of cold rolling mill complexes, processing lines, chemical equipment, industrial furnaces, and auxiliary equipment compon ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 12:34
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.