BSE:514358

Stock Analysis Report

Executive Summary

Everlon Synthetics Limited manufactures and sells polyester texturized yarns in India.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

514358

-0.02%

IN Luxury

1.6%

IN Market


1 Year Return

-19.7%

514358

7.7%

IN Luxury

0.8%

IN Market

Return vs Industry: 514358 underperformed the Indian Luxury industry which returned 7.7% over the past year.

Return vs Market: 514358 underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

514358IndustryMarket
7 Day0%-0.02%1.6%
30 Day1.0%5.5%1.5%
90 Day6.9%3.9%-3.3%
1 Year-19.7%-19.7%8.6%7.7%2.7%0.8%
3 Year-22.6%-22.6%49.5%47.8%22.0%16.0%
5 Year-27.9%-45.5%108.9%105.0%42.3%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 514358 (₹15.25) is trading below our estimate of fair value (₹32.83)

Significantly Undervalued: 514358 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 514358 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 514358 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 514358's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 514358 is overvalued based on its PB Ratio (1.4x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

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

34.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 514358 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 514358 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 514358 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 514358's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 514358'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 514358's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Everlon Synthetics performed over the past 5 years?

12.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 514358 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.1% per year.

Accelerating Growth: Unable to compare 514358's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 514358 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (7.8%).


Return on Equity

High ROE: 514358 has a negative Return on Equity (-3.2%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 514358 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 514358 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Everlon Synthetics's financial position?


Financial Position Analysis

Short Term Liabilities: 514358's short term assets (₹72.5M) exceeds its short term liabilities (₹41.7M)

Long Term Liabilities: 514358's short term assets (72.5M) exceeds its long term liabilities (2.4M)


Debt to Equity History and Analysis

Debt Level: 514358's debt to equity ratio (55.3%) is considered high

Reducing Debt: 514358's debt to equity ratio has reduced from 379% to 55.3% over the past 5 years.

Debt Coverage: 514358's debt is well covered by operating cash flow (42.6%).

Interest Coverage: 514358 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: 514358 has a high level of physical assets or inventory.

Debt Coverage by Assets: 514358's debt is covered by short term assets (assets are 2.096900x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 514358's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 514358'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 514358's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 514358'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 514358'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 Everlon Synthetics's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average management tenure


CEO

Jitendra Vakharia (63yo)

10yrs

Tenure

₹600,000

Compensation

Mr. Jitendra Kantilal Vakharia, B.Sc. serves as Independent Non-Executive Director of Kaycee Industries Limited since September 27, 2019 and served as its Additional Director since July 29, 2019 until Sept ...


CEO Compensation Analysis

Compensation vs. Market: Jitendra's total compensation ($USD8.46K) is too low to compare against companies of similar size in the Indian market ($USD25.38K).

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


Management Age and Tenure

0.9yrs

Average Tenure

Experienced Management: 514358's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Age and Tenure

18.4yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 514358's board of directors are seasoned and experienced ( 18.4 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.


Ownership Breakdown


Management Team

  • Jitendra Vakharia (63yo)

    MD & Director

    • Tenure: 10yrs
    • Compensation: ₹600.00k
  • Vivek Mane

    Chief Financial Officer

    • Tenure: 0.9yrs
    • Compensation: ₹864.41k
  • Manish Heda

    Company Secretary & Compliance Officer

    • Tenure: 0.4yrs

Board Members

  • Varsha Vakharia (61yo)

    Non-Executive Director

    • Tenure: 20yrs
    • Compensation: ₹6.00k
  • Jitendra Vakharia (63yo)

    MD & Director

    • Tenure: 10yrs
    • Compensation: ₹600.00k
  • Dinesh Turakhia (77yo)

    Independent Director

    • Tenure: 16.8yrs
    • Compensation: ₹6.00k
  • Nitin Parekh (66yo)

    Independent Director

    • Tenure: 3.6yrs
    • Compensation: ₹6.00k

Company Information

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


Key Information

  • Name: Everlon Synthetics Limited
  • Ticker: 514358
  • Exchange: BSE
  • Founded: 1989
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹85.739m
  • Shares outstanding: 5.62m
  • Website: https://www.everlon.in

Number of Employees


Location

  • Everlon Synthetics Limited
  • 67, Regent Chambers
  • 208, Nariman Point
  • Mumbai
  • Maharashtra
  • 400021
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514358BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Everlon Synthetics Limited manufactures and sells polyester texturized yarns in India. Its products are used in manufacturing synthetic fabrics, such as suitings, shirtings, sarees, dress materials, knitte ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:32
End of Day Share Price2019/09/27 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.