Phoenix International Limited, together with its subsidiaries, manufactures and supplies shoes and shoe uppers in India.
Undervalued with excellent balance sheet.
Share Price & News
How has Phoenix International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 526481 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 526481 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 526481 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Phoenix International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Phoenix International 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: 526481 (₹12.19) is trading below our estimate of fair value (₹53.75)
Significantly Below Fair Value: 526481 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 526481 is good value based on its PE Ratio (6.7x) compared to the Luxury industry average (11x).
PE vs Market: 526481 is good value based on its PE Ratio (6.7x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 526481's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 526481 is good value based on its PB Ratio (0.1x) compared to the IN Luxury industry average (0.5x).
How is Phoenix International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Phoenix International 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 Phoenix International 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.
- Phoenix International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Phoenix International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 526481 has a large one-off loss of ₹23.2M impacting its March 31 2019 financial results.
Growing Profit Margin: 526481's current net profit margins (7.2%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: 526481's earnings have grown significantly by 30.3% per year over the past 5 years.
Accelerating Growth: 526481's earnings growth over the past year (70%) exceeds its 5-year average (30.3% per year).
Earnings vs Industry: 526481 earnings growth over the past year (70%) exceeded the Luxury industry 2.7%.
Return on Equity
High ROE: 526481's Return on Equity (0.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Phoenix International's financial position?
Financial Position Analysis
Short Term Liabilities: 526481's short term assets (₹1.1B) exceed its short term liabilities (₹328.4M).
Long Term Liabilities: 526481's short term assets (₹1.1B) exceed its long term liabilities (₹906.0M).
Debt to Equity History and Analysis
Debt Level: 526481's debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: 526481's debt to equity ratio has reduced from 110.5% to 26.9% over the past 5 years.
Debt Coverage: 526481's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 526481's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Inventory Level: 526481 has a high level of physical assets or inventory.
Debt Coverage by Assets: 526481's debt is covered by short term assets (assets are 1.2x debt).
What is Phoenix International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 526481's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 526481'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 526481's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 526481'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 526481'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
Tushar Korde 0
Mr. Tushar Korde has been Chief Executive Officer at Phoenix International Limited since May 30, 2019.
|Company Secretary||20.5yrs||no data||no data|
|Non Executive & Independent Director||15.1yrs||no data||no data|
|Independent Chairman||0yrs||no data||no data|
|Non Executive & Independent Director||3.3yrs||₹40.00k||no data|
|Non Executive Independent Woman Director||0.3yrs||no data||no data|
Experienced Board: 526481's board of directors are considered experienced (9.2 years average tenure).
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.
Phoenix International Limited's company bio, employee growth, exchange listings and data sources
- Name: Phoenix International Limited
- Ticker: 526481
- Exchange: BSE
- Founded: 1987
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: ₹204.665m
- Shares outstanding: 16.79m
- Website: https://www.phoenixindia.com
- Phoenix International Limited
- Gopala Tower
- 3rd Floor
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|526481||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 1996|
Phoenix International Limited, together with its subsidiaries, manufactures and supplies shoes and shoe uppers in India. The company operates through Shoe Manufacturing and Rental Services of Immovable Properties segments. It also leases buildings. Phoenix International Limited was incorporated in 1987 and is based in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 12:45|
|End of Day Share Price||2020/02/13 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.