Eon Electric Limited manufactures, markets, and sells electrical products in India. More Details
+ 1 more risk
Fair value with imperfect balance sheet.
Share Price & News
How has Eon Electric's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EON's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EON underperformed the Indian Electrical industry which returned -10.3% over the past year.
Return vs Market: EON underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Eon Electric's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StIs Eon Electric (NSE:EON) Using Too Much Debt?
8 months ago | Simply Wall StDid You Manage To Avoid Eon Electric's (NSE:EON) Devastating 77% Share Price Drop?
9 months ago | Simply Wall StDo Insiders Own Shares In Eon Electric Limited (NSE:EON)?
Is Eon Electric undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EON (₹6.5) is trading below our estimate of fair value (₹36.27)
Significantly Below Fair Value: EON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EON is unprofitable, so we can't compare its PE Ratio to the IN Electrical industry average.
PE vs Market: EON is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EON's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EON is good value based on its PB Ratio (0.1x) compared to the IN Electrical industry average (0.7x).
How is Eon Electric forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Eon Electric 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.
- Examine whether Eon Electric 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.
- Eon Electric competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Eon Electric performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EON is currently unprofitable.
Growing Profit Margin: EON is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EON is unprofitable, and losses have increased over the past 5 years at a rate of 17% per year.
Accelerating Growth: Unable to compare EON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EON is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-13.6%).
Return on Equity
High ROE: EON has a negative Return on Equity (-72.97%), as it is currently unprofitable.
How is Eon Electric's financial position?
Financial Position Analysis
Short Term Liabilities: EON's short term assets (₹1.1B) exceed its short term liabilities (₹621.6M).
Long Term Liabilities: EON's short term assets (₹1.1B) exceed its long term liabilities (₹80.3M).
Debt to Equity History and Analysis
Debt Level: EON's debt to equity ratio (43.3%) is considered high.
Reducing Debt: EON's debt to equity ratio has increased from 39.8% to 43.3% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if EON has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EON has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Eon Electric current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EON's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EON'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 EON's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vinay Mahendru (58 yo)
Mr. Vinay Mahendru served as Compliance Officer of Eon Electric Limited from October 19, 2015 to May 23, 2016. Mr. Mahendru has been an Whole-Time Director of Eon Electric Limited since June 24, 2005 and a ...
CEO Compensation Analysis
Compensation vs Market: Vinay's total compensation ($USD117.52K) is above average for companies of similar size in the Indian market ($USD48.91K).
Compensation vs Earnings: Vinay's compensation has increased whilst the company is unprofitable.
|Joint MD & Whole-Time Director||2.92yrs||₹8.65m||3.41% |
|Joint MD & Whole-Time Director||8.08yrs||₹8.65m||3.49% |
|Non-Executive Independent Director||1.42yrs||no data||no data|
|Non-Executive Independent Director||1.42yrs||no data||no data|
|Independent Non- Executive Director||0.50yr||no data||no data|
Experienced Board: EON's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Eon Electric Limited's company bio, employee growth, exchange listings and data sources
- Name: Eon Electric Limited
- Ticker: EON
- Exchange: NSEI
- Founded: 1958
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: ₹112.401m
- Shares outstanding: 16.90m
- Website: https://www.eonelectric.com
Number of Employees
- Eon Electric Limited
- 208, Hemkunt Tower
- 98, Nehru Place
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532658||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 2005|
|EON||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Aug 2005|
Eon Electric Limited manufactures, markets, and sells electrical products in India. It operates through Cable and Wires, Lighting, Electrical Consumer Durables, and Others segments. The company offers cabl ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 19:41|
|End of Day Share Price||2020/09/14 00:00|
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.