NSEI:CIMMCO

Stock Analysis Report

Executive Summary

Cimmco Limited manufactures and sells wagons and engineering goods in India.

Snowflake

Fundamentals

Fair value with questionable track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-9.0%

CIMMCO

1.9%

IN Machinery

3.1%

IN Market


1 Year Return

-67.4%

CIMMCO

-12.2%

IN Machinery

3.7%

IN Market

Return vs Industry: CIMMCO underperformed the Indian Machinery industry which returned -12.2% over the past year.

Return vs Market: CIMMCO underperformed the Indian Market which returned 3.7% over the past year.


Shareholder returns

CIMMCOIndustryMarket
7 Day-9.0%1.9%3.1%
30 Day-22.0%5.4%5.7%
90 Day-17.9%-4.0%1.4%
1 Year-67.4%-67.4%-10.7%-12.2%5.9%3.7%
3 Year-75.6%-75.6%-1.7%-5.4%22.3%16.0%
5 Year-61.9%-61.9%38.1%30.3%42.5%28.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate CIMMCO's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate CIMMCO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CIMMCO is good value based on its PE Ratio (1.5x) compared to the Machinery industry average (12.5x).

PE vs Market: CIMMCO is good value based on its PE Ratio (1.5x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CIMMCO is good value based on its PB Ratio (0.2x) compared to the IN Machinery industry average (1.2x).


Next Steps

Future Growth

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

13.2%

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 Cimmco 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

Past Performance

How has Cimmco performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CIMMCO has become profitable over the past 5 years, growing earnings by 19.7% per year.

Accelerating Growth: CIMMCO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CIMMCO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (13.2%).


Return on Equity

High ROE: CIMMCO's Return on Equity (16.3%) is considered low.


Return on Assets

ROA vs Industry: CIMMCO has a higher Return on Assets than the Machinery industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Cimmco's financial position?


Financial Position Analysis

Short Term Liabilities: CIMMCO's short term assets (₹2.1B) exceeds its short term liabilities (₹1.7B)

Long Term Liabilities: CIMMCO's short term assets (2.1B) exceeds its long term liabilities (1.3B)


Debt to Equity History and Analysis

Debt Level: CIMMCO's debt to equity ratio (89.7%) is considered high

Reducing Debt: CIMMCO's debt to equity ratio has increased from 57.3% to 89.7% over the past 5 years.

Debt Coverage: CIMMCO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CIMMCO's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet

Inventory Level: CIMMCO has a high level of physical assets or inventory.

Debt Coverage by Assets: CIMMCO's debt is covered by short term assets (assets are 1.207170x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CIMMCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CIMMCO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CIMMCO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CIMMCO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CIMMCO's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

8.4yrs

Average board tenure


CEO

Anil Agarwal (44yo)

0.9yrs

Tenure

₹1,200,000

Compensation

Mr. Anil Kumar Agarwal, B.Com, ACA, CWA, has been Chief Executive Officer and Managing Director at Cimmco Limited since November 10, 2018. Mr. Agarwal serves as the Chief Financial Officer of Titagarh Wago ...


CEO Compensation Analysis

Compensation vs. Market: Anil's total compensation ($USD16.80K) is too low to compare against companies of similar size in the Indian market ($USD28.94K).

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


Board Age and Tenure

8.4yrs

Average Tenure

74.5yo

Average Age

Experienced Board: CIMMCO's board of directors are considered experienced (8.4 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.


Recent Insider Transactions

Sell₹10,496,30021 Nov 18
Titagarh Wagons Limited
EntityCompany
Shares242,294
Max Price₹43.32

Ownership Breakdown


Management Team

  • Jagdish Chowdhary (79yo)

    Executive Chairman

    • Tenure: 8.4yrs
  • Anil Agarwal (44yo)

    CEO, MD & Whole Time Director

    • Tenure: 0.9yrs
    • Compensation: ₹1.20m
  • Ram Tiwari (68yo)

    VP & Director of Works

    • Tenure: 6.7yrs
    • Compensation: ₹1.43m
  • Dinesh Arya

    Company Secretary

    • Tenure: 0yrs
  • Sudershan Bajaj

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Kanwar Satya Sanyal (87yo)

    Independent Director

    • Tenure: 7.6yrs
    • Compensation: ₹120.00k
  • Jagdish Shukla (76yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: ₹320.00k
  • Umesh Chowdhary (45yo)

    Vice Chairman

    • Tenure: 8.4yrs
  • Jagdish Chowdhary (79yo)

    Executive Chairman

    • Tenure: 8.4yrs
  • Matlubul Jamil Mowla (74yo)

    Independent Director

    • Tenure: 7.9yrs
    • Compensation: ₹220.00k
  • Anil Agarwal (44yo)

    CEO, MD & Whole Time Director

    • Tenure: 0.9yrs
    • Compensation: ₹1.20m
  • G. Rao (75yo)

    Independent Director

    • Tenure: 8.6yrs
    • Compensation: ₹120.00k
  • Vinita Bajoria (50yo)

    Non Executive Director

    • Tenure: 5.1yrs
    • Compensation: ₹120.00k

Company Information

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


Key Information

  • Name: Cimmco Limited
  • Ticker: CIMMCO
  • Exchange: NSEI
  • Founded: 1943
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: ₹469.027m
  • Shares outstanding: 27.35m
  • Website: https://www.cimmco.in

Number of Employees


Location

  • Cimmco Limited
  • Titagarh Towers
  • 756, Anandapur
  • Kolkata
  • West Bengal
  • 700107
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505230BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
CIMMCONSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

Cimmco Limited manufactures and sells wagons and engineering goods in India. It offers wagons, including bottom discharge coal wagons for power houses; bulk cement carrying wagons; and other specialty wago ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 13:00
End of Day Share Price2019/10/17 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.