Voith Paper Fabrics India Limited manufactures and sells paper machine clothing for pulp, paper and paperboard, and fiber-cement industries in India and internationally.
The last earnings update was 71 days ago.
Discounted Cash Flow Calculation for BSE:522122 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Voith Paper Fabrics India
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:522122 DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
Voith Paper Fabrics India
is above its future cash flow value.
Often investors are willing to pay a
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
Voith Paper Fabrics India's
is considered below, and whether this is a fair price.
Price based on past earnings
Voith Paper Fabrics India's earnings available for a low price, and how does
this compare to other companies in the same industry?
Voith Paper Fabrics India's earnings are expected to grow by 1.7% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Voith Paper Fabrics India 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.
Voith Paper Fabrics India's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Voith Paper Fabrics India
has a total score of
4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Voith Paper Fabrics India's finances.
The net worth of a company is the difference between its assets and liabilities.
Voith Paper Fabrics India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Voith Paper Fabrics India's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Voith Paper Fabrics India'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Voith Paper Fabrics India has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. R. Krishna Kumar is a Co-Founder of Simbus Technologies Pvt. Ltd. and serves as its Managing Director. Mr. Kumar serves as the Chief Executive Officer of Integra Apparels and Textiles Limited. Mr. Kumar served as the President of Voith Paper Fabrics India Limited and has been its Managing Director since August 1, 2014. He served as Vice President of Voith Paper Fabrics India Limited. Mr. Kumar was founder of Integra Apparels. Mr. Kumar has 18 years of experience in leadership positions in the apparel industry. Mr. Kumar served as the Chief Executive Officer of Integra Apparels and Textiles Pvt at Morarjee Textiles Limited until February 26, 2010. He has been a Director of Voith Paper Fabrics India Limited since July 23, 2014. He was employed at blue chip companies like Madura Garments and Arvind. He is graduate of BITS, Pilani and IIM, Calcutta.
R.'s compensation has been consistent with company performance over the past year.
R.'s remuneration is higher than average for companies of similar size in India.
MD & Director
VP, CFO & Finance Controller
Compliance Officer & Company Secretary
Assistant Company Secretary
Board of Directors Tenure
Average tenure and age of the
Voith Paper Fabrics India
board of directors in years:
The tenure for the Voith Paper Fabrics India board of directors is about average.
Can Voith Paper Fabrics India Limited's (BOM:522122) ROE Continue To Surpass The Industry Average?
and want to begin learning the link between Voith Paper Fabrics India Limited (BOM:522122)’s return fundamentals and stock market performance. … Voith Paper Fabrics India Limited (BOM:522122) delivered an ROE of 9.33% over the past 12 months, which is relatively in-line with its industry average of 7.55% during the same period. … Return on Equity (ROE) is a measure of Voith Paper Fabrics India’s profit relative to its shareholders’ equity.
Voith Paper Fabrics India Limited manufactures and sells paper machine clothing for pulp, paper and paperboard, and fiber-cement industries in India and internationally. It offers forming, press, and dryer fabrics, as well as fabrics used for making fiber cement sheets and pipes. The company also provides range of roll covers and doctor blades for various types of paper machines. The company was formerly known as Porritts & Spencer (Asia) Limited and changed its name to Voith Paper Fabrics India Limited in 2007. The company was founded in 1968 and is based in Faridabad, India. Voith Paper Fabrics India Limited is a subsidiary of VP Auslandsbeteiligungen GmbH.
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