Eimco Elecon (India)
Market Cap
₹1.9b
Last Updated
2020/11/23 12:51 UTC
Data Sources
Company Financials
Executive Summary
Eimco Elecon (India) Limited manufactures and sells equipment for mining and construction sector in India. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet and fair value.
Share Price & News
How has Eimco Elecon (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523708 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 523708's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
8.7%
523708
3.2%
IN Machinery
1.3%
IN Market
1 Year Return
10.4%
523708
6.5%
IN Machinery
7.6%
IN Market
Return vs Industry: 523708 exceeded the Indian Machinery industry which returned 6.5% over the past year.
Return vs Market: 523708 exceeded the Indian Market which returned 7.6% over the past year.
Shareholder returns
| 523708 | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.7% | 3.2% | 1.3% |
| 30 Day | 1.7% | 9.0% | 7.1% |
| 90 Day | -2.8% | 6.8% | 9.2% |
| 1 Year | 12.2%10.4% | 8.4%6.5% | 9.6%7.6% |
| 3 Year | -36.2%-39.3% | -14.3%-18.0% | 4.5%-0.6% |
| 5 Year | -22.2%-27.3% | 16.2%8.5% | 51.0%39.7% |
Long-Term Price Volatility Vs. Market
How volatile is Eimco Elecon (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Eimco Elecon (India) undervalued compared to its fair value and its price relative to the market?
16.01x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 523708 (₹330) is trading above our estimate of fair value (₹36.54)
Significantly Below Fair Value: 523708 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 523708 is good value based on its PE Ratio (16x) compared to the IN Machinery industry average (20.5x).
PE vs Market: 523708 is good value based on its PE Ratio (16x) compared to the Indian market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523708's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523708 is good value based on its PB Ratio (0.6x) compared to the IN Machinery industry average (1.1x).
Next Steps
Future Growth
How is Eimco Elecon (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.9%
Forecasted Capital Goods 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 Eimco Elecon (India) 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.
Next Steps
- Examine whether Eimco Elecon (India) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Eimco Elecon (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Eimco Elecon (India) performed over the past 5 years?
-5.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523708 has a large one-off gain of ₹92.4M impacting its September 30 2020 financial results.
Growing Profit Margin: 523708's current net profit margins (9.6%) are lower than last year (15.3%).
Past Earnings Growth Analysis
Earnings Trend: 523708's earnings have declined by 5.8% per year over the past 5 years.
Accelerating Growth: 523708's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 523708 had negative earnings growth (-42.1%) over the past year, making it difficult to compare to the Machinery industry average (-9.4%).
Return on Equity
High ROE: 523708's Return on Equity (3.7%) is considered low.
Next Steps
Financial Health
How is Eimco Elecon (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: 523708's short term assets (₹1.2B) exceed its short term liabilities (₹222.9M).
Long Term Liabilities: 523708's short term assets (₹1.2B) exceed its long term liabilities (₹117.6M).
Debt to Equity History and Analysis
Debt Level: 523708 is debt free.
Reducing Debt: 523708 had no debt 5 years ago.
Debt Coverage: 523708 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 523708 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Eimco Elecon (India) current dividend yield, its reliability and sustainability?
1.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 523708's dividend (1.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).
High Dividend: 523708's dividend (1.52%) is low compared to the top 25% of dividend payers in the Indian market (2.16%).
Stability and Growth of Payments
Stable Dividend: 523708's dividend payments have been volatile in the past 10 years.
Growing Dividend: 523708's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.3%), 523708's dividend payments are well 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
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Eimco Elecon (India) has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Financial Officer | 4.17yrs | ₹3.17m | no data | |
| Group Technical Director | no data | ₹9.48m | no data | |
| Company Secretary & Compliance Officer | 1.92yrs | ₹539.03k | no data | |
| VP of Marketing & Executive Director | 1.17yrs | ₹4.46m | no data | |
| Executive Director | 4yrs | ₹6.00m | 0.31% ₹ 5.8m | |
| Head of Research | no data | ₹2.50m | no data |
4.2yrs
Average Tenure
63yo
Average Age
Experienced Management: 523708's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| VP of Marketing & Executive Director | 1.17yrs | ₹4.46m | no data | |
| Executive Director | 4yrs | ₹6.00m | 0.31% ₹ 5.8m | |
| Non-Executive Chairman of the Board | no data | ₹247.50k | no data | |
| Independent Non-Executive Director | 4yrs | ₹75.00k | no data | |
| Independent Non Executive Director | 9.17yrs | ₹197.50k | 0.000020% ₹ 373.7 | |
| Non-Independent & Non Executive Director | 13.08yrs | ₹125.00k | 0.022% ₹ 413.0k | |
| Non-Executive Independent Director | 8.5yrs | ₹180.00k | 0.000070% ₹ 1.3k | |
| Independent Non Executive Director | 5.75yrs | ₹155.00k | no data |
5.8yrs
Average Tenure
63yo
Average Age
Experienced Board: 523708's board of directors are considered experienced (5.8 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Eimco Elecon (India) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Eimco Elecon (India) Limited
- Ticker: 523708
- Exchange: BSE
- Founded: 1974
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: ₹1.869b
- Shares outstanding: 5.77m
- Website: https://eimcoelecon.in
Number of Employees
Location
- Eimco Elecon (India) Limited
- Anand-Sojitra Road
- Vallabh Vidyanagar
- Gujarat
- 388120
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 523708 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Apr 1996 |
| EIMCOELECO | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Apr 1996 |
Biography
Eimco Elecon (India) Limited manufactures and sells equipment for mining and construction sector in India. It offers side dump loaders, load haul dumpers, coal haulers, universal drill machines, articulate...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/23 12:51 |
| End of Day Share Price | 2020/11/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.