BSE:526817

Stock Analysis Report

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Executive Summary

Cheviot Company Limited manufactures and sells jute goods in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 526817 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.4%

526817

3.4%

IN Luxury

1.8%

IN Market


1 Year Return

-5.6%

526817

-3.0%

IN Luxury

9.5%

IN Market

Return vs Industry: 526817 underperformed the Indian Luxury industry which returned -3.8% over the past year.

Return vs Market: 526817 underperformed the Indian Market which returned 8.8% over the past year.


Shareholder returns

526817IndustryMarket
7 Day2.4%3.4%1.8%
30 Day17.4%3.9%2.2%
90 Day21.0%14.4%13.9%
1 Year-0.09%-5.6%-2.4%-3.0%11.6%9.5%
3 Year-6.7%-12.0%5.1%2.9%2.2%-2.7%
5 Year115.4%98.2%45.5%37.7%46.0%35.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

9.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 526817 (₹705.65) is trading above our estimate of fair value (₹645.75)

Significantly Below Fair Value: 526817 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 526817 is good value based on its PE Ratio (9.4x) compared to the IN Luxury industry average (12.8x).

PE vs Market: 526817 is good value based on its PE Ratio (9.4x) compared to the Indian market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526817's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526817 is overvalued based on its PB Ratio (0.7x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

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

44.3%

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 Cheviot 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 Cheviot performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526817 has high quality earnings.

Growing Profit Margin: 526817's current net profit margins (12.9%) are higher than last year (11.9%).


Past Earnings Growth Analysis

Earnings Trend: 526817's earnings have grown by 5.8% per year over the past 5 years.

Accelerating Growth: 526817's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 526817 had negative earnings growth (-1.3%) over the past year, making it difficult to compare to the Luxury industry average (-22%).


Return on Equity

High ROE: 526817's Return on Equity (7.8%) is considered low.


Next Steps

Financial Health

How is Cheviot's financial position?


Financial Position Analysis

Short Term Liabilities: 526817's short term assets (₹2.1B) exceed its short term liabilities (₹266.5M).

Long Term Liabilities: 526817's short term assets (₹2.1B) exceed its long term liabilities (₹265.3M).


Debt to Equity History and Analysis

Debt Level: 526817's debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: 526817's debt to equity ratio has reduced from 4% to 0.8% over the past 5 years.

Debt Coverage: 526817's debt is well covered by operating cash flow (850.4%).

Interest Coverage: 526817 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Cheviot current dividend yield, its reliability and sustainability?

0.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 526817's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: 526817's dividend (0.14%) is low compared to the top 25% of dividend payers in the Indian market (2.25%).


Stability and Growth of Payments

Stable Dividend: 526817 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 526817 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 526817 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526817's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.0yrs

Average board tenure


CEO

Harsh Kanoria (64 yo)

no data

Tenure

₹36,085,000

Compensation

Mr. Harsha Vardhan Kanoria has been the Chairman and Managing Director of Cheviot Co. Ltd. since August 1, 2000 and also serves as its Chief Executive Officer. Mr. Kanoria serves as an Independent Non Exec ...


CEO Compensation Analysis

Compensation vs Market: Harsh's total compensation ($USD491.17K) is above average for companies of similar size in the Indian market ($USD49.00K).

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


Board Members

NamePositionTenureCompensationOwnership
Harsh Kanoria
Chairmanno data₹36.09m7.44%
₹ 339.3m
Utkarsh Kanoria
President & Whole Time Director3.33yrs₹22.30m3.91%
₹ 178.5m
Padam Khaitan
Independent Non-Executive Director14yrs₹535.00kno data
Sushil Dhandhania
Independent Non-Executive Director17.25yrs₹540.00kno data
Navin Nayar
Independent Non-Executive Director19.17yrs₹535.00kno data
B. Kanoria
Chairman Emeritusno datano datano data
Malati Kanoria
Non Executive Woman Director6.33yrs₹530.00k6.17%
₹ 281.4m
Rashmi Prashad
Independent Non Executive Woman Director1.42yrs₹535.00kno data

14.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 526817's board of directors are seasoned and experienced ( 14 years average tenure).


Ownership

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.


Ownership Breakdown

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


Top Shareholders

Company Information

Cheviot Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cheviot Company Limited
  • Ticker: 526817
  • Exchange: BSE
  • Founded: 1897
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹4.563b
  • Shares outstanding: 6.47m
  • Website: https://www.groupcheviot.net

Number of Employees


Location

  • Cheviot Company Limited
  • Magma House
  • 9th Floor
  • Kolkata
  • West Bengal
  • 700016
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526817BSE (Mumbai Stock Exchange)YesOrdinary SharesININROct 2004

Biography

Cheviot Company Limited manufactures and sells jute goods in India and internationally. The company offers jute shopping bags, jute yarns, Hessian cloth and bags, and sacking bags; and decorative fabrics. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/17 20:04
End of Day Share Price2020/09/17 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.