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Calcom Vision

BSE:517236
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
517236
BSE
₹297M
Market Cap
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Last updated 2019/04/18 12:31
Company description

Calcom Vision Limited manufactures and sells lighting and electronic products in India. The last earnings update was 75 days ago. More info.

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  • Calcom Vision has significant price volatility in the past 3 months.
517236 Share Price and Events
7 Day Returns
1%
BSE:517236
0.5%
IN Consumer Durables
1.7%
IN Market
1 Year Returns
63.8%
BSE:517236
-12.9%
IN Consumer Durables
0.1%
IN Market
517236 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Calcom Vision (517236) 1% -2.5% -14.5% 63.8% - 515.8%
IN Consumer Durables 0.5% 0.2% 4.2% -12.9% 53.5% 261.1%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 517236 outperformed the Consumer Durables industry which returned -12.9% over the past year.
  • 517236 outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
517236
Industry
5yr Volatility vs Market

517236 Value

 Is Calcom Vision undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Calcom Vision to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Calcom Vision.

BSE:517236 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 15.7%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:517236
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.921 (1 + (1- 35%) (0%)) 		0.947
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.947 * 8.6%) 		15.69%

Discounted Cash Flow Calculation for BSE:517236 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Calcom Vision is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:517236 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.69%)
2019 12.99 Est @ 11.55% 11.23
2020 14.34 Est @ 10.35% 10.71
2021 15.70 Est @ 9.51% 10.14
2022 17.10 Est @ 8.92% 9.55
2023 18.56 Est @ 8.51% 8.95
2024 20.09 Est @ 8.22% 8.38
2025 21.70 Est @ 8.02% 7.82
2026 23.41 Est @ 7.88% 7.29
2027 25.23 Est @ 7.78% 6.79
2028 27.17 Est @ 7.71% 6.32
Present value of next 10 years cash flows ₹87.19
BSE:517236 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹27.17 × (1 + 7.55%) ÷ (15.69% – 7.55%) 		₹358.88
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹358.88 ÷ (1 + 15.69%)10 		₹83.54
BSE:517236 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹87.19 + ₹83.54 		₹170.73
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹170.73 / 10.54 		₹16.19
BSE:517236 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹16.19
Current discount Discount to share price of ₹29.25
= -1 x (₹29.25 - ₹16.19) / ₹16.19 		-80.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Calcom Vision is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Calcom Vision's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Calcom Vision's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:517236 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹4.16
BSE:517236 Share Price ** BSE (2019-04-18) in INR ₹29.25
India Consumer Durables Industry PE Ratio Median Figure of 42 Publicly-Listed Consumer Durables Companies 27.68x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Calcom Vision.

BSE:517236 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:517236 Share Price ÷ EPS (both in INR)

= 29.25 ÷ 4.16

 7.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Calcom Vision is good value based on earnings compared to the IN Consumer Durables industry average.
  • Calcom Vision is good value based on earnings compared to the India market.
Price based on expected Growth
Does Calcom Vision's expected growth come at a high price?
Raw Data
BSE:517236 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 Not available
India Consumer Durables Industry PEG Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 2.27x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Calcom Vision, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Calcom Vision's assets?
Raw Data
BSE:517236 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹7.91
BSE:517236 Share Price * BSE (2019-04-18) in INR ₹29.25
India Consumer Durables Industry PB Ratio Median Figure of 47 Publicly-Listed Consumer Durables Companies 1.79x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:517236 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:517236 Share Price ÷ Book Value per Share (both in INR)

= 29.25 ÷ 7.91

 3.7x

* Primary Listing of Calcom Vision.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Calcom Vision is overvalued based on assets compared to the IN Consumer Durables industry average.
X
Value checks
We assess Calcom Vision's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
    5. Calcom Vision has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

517236 Future Performance

 How is Calcom Vision expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Calcom Vision 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.6%
Expected Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Calcom Vision expected to grow at an attractive rate?
  • Unable to compare Calcom Vision's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Calcom Vision's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Calcom Vision's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:517236 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 17.6%
India Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 13.3%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:517236 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:517236 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 463 41
2018-09-30 375 32
2018-06-30 303 30
2018-03-31 250 41 27
2017-12-31 248 13
2017-09-30 228 16
2017-06-30 185 10
2017-03-31 140 14 7
2016-12-31 137 2
2016-09-30 134 2
2016-06-30 135 1
2016-03-31 136 17 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Calcom Vision is high growth as no earnings estimate data is available.
  • Unable to determine if Calcom Vision is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:517236 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Calcom Vision Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517236 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 4.16
2018-09-30 3.08
2018-06-30 3.22
2018-03-31 3.29
2017-12-31 1.77
2017-09-30 2.28
2017-06-30 1.57
2017-03-31 1.27
2016-12-31 0.41
2016-09-30 0.54
2016-06-30 0.30
2016-03-31 0.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Calcom Vision will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Check out Calcom Vision's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  2. Calcom Vision's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Calcom Vision's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Calcom Vision's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Calcom Vision has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

517236 Past Performance

  How has Calcom Vision performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Calcom Vision's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Calcom Vision has delivered over 20% year on year earnings growth in the past 5 years.
  • Calcom Vision's 1-year earnings growth exceeds its 5-year average (206.7% vs 73.1%)
  • Calcom Vision's earnings growth has exceeded the IN Consumer Durables industry average in the past year (206.7% vs 12.9%).
Earnings and Revenue History
Calcom Vision's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Calcom Vision Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:517236 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 463.48 41.28 74.53
2018-09-30 375.25 32.45 68.88
2018-06-30 302.63 29.93 64.36
2018-03-31 249.85 26.71 60.39
2017-12-31 247.75 13.46 54.61
2017-09-30 227.86 15.74 50.36
2017-06-30 184.91 9.87 44.55
2017-03-31 139.92 7.23 38.34
2016-12-31 137.00 1.58 31.39
2016-09-30 133.66 1.72 43.41
2016-06-30 135.01 0.97 37.07
2016-03-31 136.46 0.68 41.23
2015-12-31 108.61 3.09 44.69 0.15
2015-09-30 110.95 -4.96 37.61 0.15
2015-06-30 129.51 -4.10 28.03
2015-03-31 146.58 -4.11 32.75
2014-12-31 155.41 -3.32 31.73 0.04
2014-09-30 160.86 3.91 32.68 0.04
2014-06-30 145.15 -1.70 23.96
2014-03-31 150.73 -0.61 31.04 0.04
2013-12-31 159.45 1.44 34.16 0.09
2013-09-30 173.11 2.64 34.47 0.09
2013-06-30 186.01 -1.12 23.74
2013-03-31 174.15 -3.08 33.80 0.09
2012-12-31 170.44 -7.44 30.53 0.74
2012-09-30 179.38 -10.14 30.49 0.74
2012-06-30 188.72 -1.74 30.28 0.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Calcom Vision made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Calcom Vision used its assets more efficiently than the IN Consumer Durables industry average last year based on Return on Assets.
  • Calcom Vision has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Show me more strong past performing companies in the Consumer Durables industry
X
Past performance checks
We assess Calcom Vision's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Calcom Vision has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

517236 Health

 How is Calcom Vision's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Calcom Vision's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Calcom Vision is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Calcom Vision's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Calcom Vision's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Calcom Vision has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Calcom Vision Company Filings, last reported 3 months ago.

BSE:517236 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 83.51 0.00 11.17
2018-09-30 83.51 0.00 11.17
2018-06-30 68.65 0.00 3.93
2018-03-31 68.65 0.00 3.93
2017-12-31 -94.81 145.87 7.31
2017-09-30 -94.81 145.87 7.31
2017-06-30 -103.93 145.87 9.57
2017-03-31 41.94 0.00 9.07
2016-12-31 -183.49 218.80 3.46
2016-09-30 -183.49 218.80 3.46
2016-06-30 -184.10 218.80 2.86
2016-03-31 -184.10 218.80 2.86
2015-12-31 -185.21 218.80 3.79
2015-09-30 -185.21 218.80 3.79
2015-06-30 -184.77 218.80 0.81
2015-03-31 -184.77 218.80 1.31
2014-12-31 -180.25 218.80 3.89
2014-09-30 -180.25 218.80 3.89
2014-06-30 -180.67 220.48 2.55
2014-03-31 -180.66 220.48 2.55
2013-12-31 -184.16 220.31 0.37
2013-09-30 -184.16 220.31 0.37
2013-06-30 -180.06 220.31 3.88
2013-03-31 -180.06 220.31 3.88
2012-12-31 -186.80 220.68 3.64
2012-09-30 -186.80 220.68 3.64
2012-06-30 -176.98 220.64 3.43
  • Calcom Vision has no debt.
  • Calcom Vision currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Calcom Vision has no debt, it does not need to be covered by operating cash flow.
  • Calcom Vision has no debt, therefore coverage of interest payments is not a concern.
Show me more healthy companies in the Consumer Durables industry
X
Financial health checks
We assess Calcom Vision's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Calcom Vision has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

517236 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Calcom Vision dividends.
If you bought ₹2,000 of Calcom Vision shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Calcom Vision's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Calcom Vision's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:517236 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Calcom Vision has not reported any payouts.
  • Unable to verify if Calcom Vision's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Calcom Vision's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Calcom Vision has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Calcom Vision's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Calcom Vision afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Calcom Vision has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

517236 Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sushil Malik
COMPENSATION ₹12,000,000
AGE 69
TENURE AS CEO 15.8 years
CEO Bio

Mr. Sushil Kumar Malik, B.E., MBA, has been the Chairman and Managing Director at Calcom Visions Ltd. since July 31, 2003. Mr. Malik has been in business for more than 35 years. He is an Electronics Engineer having done his B.Tech from Delhi College of Engineering and M.B.A. from FMS, Delhi.

CEO Compensation
  • Insufficient data for Sushil to compare compensation growth.
  • Sushil's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Calcom Vision management team in years:

1.5
Average Tenure
35
Average Age
  • The average tenure for the Calcom Vision management team is less than 2 years, this suggests a new team.
Management Team

Sushil Malik

TITLE
Chairman & MD
COMPENSATION
₹12M
AGE
69
TENURE
15.8 yrs

- Pramod

TITLE
Chief Financial Officer and Manager of Finance & Accounts
COMPENSATION
₹530K
AGE
27
TENURE
1.9 yrs

- Bhaktu

TITLE
Manager of Administration & Human Resource
AGE
35

Aayushi Jindal

TITLE
Company Secretary & Compliance Officer
TENURE
0.7 yrs

I. Garg

TITLE
General Manager of Marketing
AGE
57
TENURE
1.2 yrs

Satish Sharma

TITLE
Manager of Marketing
AGE
35
Board of Directors Tenure

Average tenure and age of the Calcom Vision board of directors in years:

4.4
Average Tenure
66
Average Age
  • The tenure for the Calcom Vision board of directors is about average.
Board of Directors

Sushil Malik

TITLE
Chairman & MD
COMPENSATION
₹12M
AGE
69
TENURE
15.8 yrs

Bharat Jain

TITLE
Independent Non Executive Director
COMPENSATION
₹60K
AGE
74
TENURE
11.8 yrs

Om Sood

TITLE
Non-Executive Independent Director
COMPENSATION
₹60K
AGE
78
TENURE
4.2 yrs

Hamidullah Khan

TITLE
Independent Non Executive Director
COMPENSATION
₹45K
AGE
85
TENURE
23.6 yrs

Ajay Singhal

TITLE
Non Executive Director
COMPENSATION
₹45K
AGE
60
TENURE
4.7 yrs

M. Bader

TITLE
Non-Executive Director
COMPENSATION
₹40K
AGE
33
TENURE
4.1 yrs

Sunder Hemrajani

TITLE
Additional Non-Executive & Independent Director
COMPENSATION
₹15K
AGE
63
TENURE
1.4 yrs

Abhishek Malik

TITLE
Non-Executive Director
AGE
33
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Calcom Vision's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Calcom Vision has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

517236 News

Simply Wall St News

517236 Company Info

Description

Calcom Vision Limited manufactures and sells lighting and electronic products in India. It offers light emitting diode (LED) lighting products, such as lamps, downlighters, battens, retrofit tubes, and LED panels; luminaires; and electronic ballasts. The company also exports its products. Calcom Vision Limited was founded in 1985 and is based in Greater Noida, India.

Details
Name: Calcom Vision Limited
517236
Exchange: BSE
Founded: 1985
₹296,798,596
10,543,467
Website: http://www.calcomindia.com
Address: Calcom Vision Limited
B-16, Site-C,
Surajpur Industrial Area,
Greater Noida,
Uttar Pradesh, 201306,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 517236 Equity Shares Mumbai Stock Exchange IN INR 20. Oct 2004
Number of employees
Current staff
Staff numbers
228
Calcom Vision employees.
Industry
Consumer Electronics
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:31
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/02
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

Related Companies

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