BSE:523207

Stock Analysis Report

Executive Summary

Kokuyo Camlin Limited manufactures and markets stationery products, hobby art materials, and scholastic products in India.


Snowflake Analysis

Solid track record with mediocre balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 523207 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.0%

523207

1.8%

IN Commercial Services

-0.1%

IN Market


1 Year Return

-13.4%

523207

3.2%

IN Commercial Services

10.4%

IN Market

Return vs Industry: 523207 underperformed the Indian Commercial Services industry which returned -2% over the past year.

Return vs Market: 523207 underperformed the Indian Market which returned 6.7% over the past year.


Shareholder returns

523207IndustryMarket
7 Day1.0%1.8%-0.1%
30 Day8.4%12.9%1.8%
90 Day12.8%15.2%3.7%
1 Year-13.4%-13.4%3.6%3.2%12.4%10.4%
3 Year1.3%1.3%24.5%20.7%28.8%21.7%
5 Year23.4%23.4%107.4%101.9%35.7%23.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

55.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 523207's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 523207's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 523207 is poor value based on its PE Ratio (55.1x) compared to the Commercial Services industry average (13.8x).

PE vs Market: 523207 is poor value based on its PE Ratio (55.1x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523207's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523207 is overvalued based on its PB Ratio (3.4x) compared to the IN Commercial Services industry average (1.2x).


Next Steps

Future Growth

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

16.0%

Forecasted Commercial Services 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 Kokuyo Camlin 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 Kokuyo Camlin performed over the past 5 years?

48.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523207 has high quality earnings.

Growing Profit Margin: 523207's current net profit margins (2.2%) are higher than last year (1.6%).


Past Earnings Growth Analysis

Earnings Trend: 523207 has become profitable over the past 5 years, growing earnings by 48.3% per year.

Accelerating Growth: 523207's earnings growth over the past year (55%) exceeds its 5-year average (48.3% per year).

Earnings vs Industry: 523207 earnings growth over the past year (55%) exceeded the Commercial Services industry 12%.


Return on Equity

High ROE: 523207's Return on Equity (6.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Kokuyo Camlin's financial position?


Financial Position Analysis

Short Term Liabilities: 523207's short term assets (₹3.5B) exceed its short term liabilities (₹2.7B).

Long Term Liabilities: 523207's short term assets (₹3.5B) exceed its long term liabilities (₹363.2M).


Debt to Equity History and Analysis

Debt Level: 523207's debt to equity ratio (70.9%) is considered high.

Reducing Debt: 523207's debt to equity ratio has increased from 34.1% to 70.9% over the past 5 years.

Debt Coverage: 523207's debt is not well covered by operating cash flow (4.3%).

Interest Coverage: 523207's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet

Inventory Level: 523207 has a high level of physical assets or inventory.

Debt Coverage by Assets: 523207's debt is covered by short term assets (assets are 2x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.5%markettop25%2.3%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 523207's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 523207's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 523207's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523207's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 523207 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523207'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 Kokuyo Camlin's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

Satish Veerappa 0

1.7yrs

Tenure

₹18,329,000

Compensation

Mr. Satish Veerappa has been Chief Executive Officer of Kokuyo Camlin Ltd since May 9, 2018. Mr. Veerappa has over 20 years of wide work experience in Sales, Distribution Management, Brand Management, Team ...


CEO Compensation Analysis

Compensation vs Market: Satish's total compensation ($USD258.65K) is above average for companies of similar size in the Indian market ($USD50.75K).

Compensation vs Earnings: Insufficient data to compare Satish's compensation with company performance.


Management Age and Tenure

1.7yrs

Average Tenure

57yo

Average Age

Experienced Management: 523207's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Age and Tenure

6.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 523207's board of directors are considered experienced (6.9 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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Shriram Dandekar (57yo)

    Vice Chairman

    • Tenure: 6.9yrs
    • Compensation: ₹13.72m
  • Ravindra Damle

    VP of Corporate

    • Compensation: ₹5.34m
  • Dilip Dandekar (68yo)

    Chairman

    • Tenure: 17.6yrs
    • Compensation: ₹16.26m
  • Chetan Badal

    Chief Financial Officer

    • Compensation: ₹9.20m
  • D. Dandekar

    • Nobuchika Doi (52yo)

      Executive Director

      • Tenure: 8.3yrs
      • Compensation: ₹8.78m
    • Manik Salunkhe

      Vice President of Technical

      • Saumitra Prasad

        Chief Marketing Officer

        • Tenure: 6.7yrs
      • Parminder Kumar

        Vice President of Sales

        • Satish Veerappa

          Chief Executive Officer

          • Tenure: 1.7yrs
          • Compensation: ₹18.33m

        Board Members

        • Takuya Morikawa (59yo)

          Senior Vice Chairman & Non-Executive Director

          • Tenure: 6.7yrs
        • Shishir Desai (66yo)

          Non-Executive & Independent Director

          • Tenure: 11.5yrs
          • Compensation: ₹480.00k
        • Subhash Dandekar (80yo)

          Chairman Emeritus

          • Shriram Dandekar (57yo)

            Vice Chairman

            • Tenure: 6.9yrs
            • Compensation: ₹13.72m
          • Dilip Dandekar (68yo)

            Chairman

            • Tenure: 17.6yrs
            • Compensation: ₹16.26m
          • Nobuchika Doi (52yo)

            Executive Director

            • Tenure: 8.3yrs
            • Compensation: ₹8.78m
          • Sriram Venkataraman (53yo)

            Non-Executive & Independent Director

            • Tenure: 6yrs
            • Compensation: ₹300.00k
          • Nandini Chopra

            Non-Executive & Independent Director

            • Tenure: 2.4yrs
            • Compensation: ₹340.00k
          • Yasuyuki Kanebako

            Non-Executive & Independent Director

            • Tenure: 0.3yrs

          Company Information

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


          Key Information

          • Name: Kokuyo Camlin Limited
          • Ticker: 523207
          • Exchange: BSE
          • Founded: 1931
          • Industry: Office Services and Supplies
          • Sector: Commercial Services
          • Market Cap: ₹8.446b
          • Shares outstanding: 100.30m
          • Website: https://www.kokuyocamlin.com

          Number of Employees


          Location

          • Kokuyo Camlin Limited
          • Hilton House 48/2
          • Central Road
          • Mumbai
          • Maharashtra
          • 400093
          • India

          Listings

          TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
          523207BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1995
          KOKUYOCMLNNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 1995

          Biography

          Kokuyo Camlin Limited manufactures and markets stationery products, hobby art materials, and scholastic products in India. It provides adhesives, brush pens, clay and dough products, color pencils, color pen pencils, drawing books, fountain pens and ink products, gel crayons, geometry boxes and accessories, gift sets and kits, mechanical pencils and leads, notebooks, oil pastels, pencils and pals, pens, plastic crayons, sketch pens, student poster colors, students’ water color cakes, students’ water color tubes, technical instruments, washable crayons, and wax crayons for students and parents. The company also offers correction pens, gum and paste products, markers and marker inks, and office products accessories for office professionals; and art materials, artist's pastels, artist's water colors, artist’s acrylic colors, artist’s oil colors, brushes, canvas, drawing inks, drawing pencils/charcoals, other art materials, painting mediums, premium color and bi-color pencils, premium poster colors, students' oil colors, and water color pencils for artists and designers. In addition, it provides 3D glitters, colors, cone-liners, hobby brushes, hobby mediums, and sparkle colors for hobbyists. The company markets its products under the Camel and Camlin brands. Kokuyo Camlin Limited also exports its products primarily to SAARC countries, the Middle East, and Japan. The company was formerly known as Camlin Limited and changed its name to Kokuyo Camlin Limited in 2012. The company was founded in 1931 and is headquartered in Mumbai, India. Kokuyo Camlin Limited is a subsidiary of Kokuyo Company Limited. 


          Company Analysis and Financial Data Status

          All financial data provided by Standard & Poor's Capital IQ.
          DataLast Updated (UTC time)
          Company Analysis2020/01/28 12:36
          End of Day Share Price2020/01/28 00:00
          Earnings2019/03/31
          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.