BSE:530545

Stock Analysis Report

Executive Summary

Cosco (India) Limited manufactures and sells sports goods in India and internationally.

Rewards

PE ratio (16.4x) is below the Leisure industry average (17.9x)

Risk Analysis

Earnings have declined by -3.32% per year over past 5 years

Interest payments are not well covered by earnings

Does not have a meaningful market cap (₹366M)

Profit margins (1.7%) are lower than last year (2.5%)



Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Cosco (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530545 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.9%

530545

-2.9%

IN Leisure

-0.4%

IN Market


1 Year Return

-32.3%

530545

11.8%

IN Leisure

11.1%

IN Market

Return vs Industry: 530545 underperformed the Indian Leisure industry which returned 11.8% over the past year.

Return vs Market: 530545 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

530545IndustryMarket
7 Day-4.9%-2.9%-0.4%
30 Day-5.4%-5.3%-1.2%
90 Day-7.4%-3.3%3.3%
1 Year-32.3%-32.3%13.8%11.8%13.0%11.1%
3 Year-62.6%-62.6%1.4%-3.0%25.3%18.6%
5 Year-46.2%-46.4%17.0%8.6%35.4%23.1%

Price Volatility Vs. Market

How volatile is Cosco (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Cosco (India) undervalued compared to its fair value and its price relative to the market?

16.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 530545 (₹87.95) is trading above our estimate of fair value (₹61.39)

Significantly Below Fair Value: 530545 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 530545 is good value based on its PE Ratio (16.4x) compared to the Leisure industry average (17.9x).

PE vs Market: 530545 is poor value based on its PE Ratio (16.4x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530545's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530545 is good value based on its PB Ratio (1x) compared to the XA Leisure industry average (1.5x).


Next Steps

Future Growth

How is Cosco (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

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 Cosco (India) 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 Cosco (India) performed over the past 5 years?

-3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530545 has high quality earnings.

Growing Profit Margin: 530545's current net profit margins (1.7%) are lower than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: 530545's earnings have declined by -3.3% per year over the past 5 years.

Accelerating Growth: 530545's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 530545 had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Leisure industry average (4.1%).


Return on Equity

High ROE: 530545's Return on Equity (5.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cosco (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 530545's short term assets (₹953.6M) exceed its short term liabilities (₹503.1M).

Long Term Liabilities: 530545's short term assets (₹953.6M) exceed its long term liabilities (₹145.5M).


Debt to Equity History and Analysis

Debt Level: 530545's debt to equity ratio (120%) is considered high.

Reducing Debt: 530545's debt to equity ratio has reduced from 184.7% to 120% over the past 5 years.

Debt Coverage: 530545's debt is not well covered by operating cash flow (9%).

Interest Coverage: 530545's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet

Inventory Level: 530545 has a high level of physical assets or inventory.

Debt Coverage by Assets: 530545's debt is covered by short term assets (assets are 2.1x debt).


Next Steps

Dividend

What is Cosco (India)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 530545's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 530545'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 530545's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 530545's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 530545 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 530545'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?

21.8yrs

Average board tenure


CEO

Devinder Jain (81yo)

₹5,670,213

Compensation

Mr. Devinder Kumar Jain, B.Sc. has been Managing Director at Cosco (India) Limited since March 16, 2013 and serves as its Chief Executive Officer. Mr. Jain serves as an Executive Director of Cosco (India)  ...


CEO Compensation Analysis

Compensation vs Market: Devinder's total compensation ($USD79.29K) is above average for companies of similar size in the Indian market ($USD50.14K).

Compensation vs Earnings: Devinder's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Devinder Jain
MD, CEO & Executive Director0yrs₹5.67m3.53% 12.9m
Narinder Jain
MD & Executive Director30.4yrs₹5.43m3.69% 13.5m
Pankaj Jain
CFO & Whole Time Director21.8yrs₹4.40m6.05% 22.1m
Neeraj Jain
Whole Time Director21.8yrs₹4.30m2.67% 9.8m
Manish Jain
Whole-Time Director21.8yrs₹4.30m2.5% 9.2m
Arun Jain
Whole-Time Director12.8yrs₹4.39m2.04% 7.5m
Mohan Mangla
Independent Non-Executive Director22.3yrs₹12.00kno data
Mahavir Gupta
Independent Non-Executive Director16.9yrs₹12.00kno data
Vijay Sood
Independent Non-Executive Director12.8yrs₹12.00kno data
Vijender Jain
Independent Non-Executive Director7.3yrs₹12.00kno data

21.8yrs

Average Tenure

70yo

Average Age

Experienced Board: 530545's board of directors are seasoned and experienced ( 21.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Cosco (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cosco (India) Limited
  • Ticker: 530545
  • Exchange: BSE
  • Founded: 1980
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: ₹365.960m
  • Shares outstanding: 4.16m
  • Website: https://www.cosco.in

Number of Employees


Location

  • Cosco (India) Limited
  • 2/8, Roop Nagar
  • Delhi
  • Delhi
  • 110007
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530545BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2004

Biography

Cosco (India) Limited manufactures and sells sports goods in India and internationally. The company also trades in health equipment and fitness accessories. It operates through two segments, Own Manufactured Products and Traded Goods. The company offers grips, nets, rackets, shuttle cocks, strings, and synthetic court for badminton; back boards, balls, and nets for basketball; bats, adbo and elbow guards, batting gloves and leg guards, grips, helmets, keeping gloves and leg guards, kit bags, leather balls, nets, and thigh guards for cricket; and balls, goal keeper gloves, nets, shin guards, and soccer shoes for football. It also provides jogging/court shoes; helmets, inline and roller skates, protective kits, and skate boards; hand, net, rugby, shooting, throw, and water polo balls; grips, racket, and strings for squash; swimming caps and goggles; balls, bats, blades, robots, rubbers, synthetic courts, shoes, and table for table tennis; balls, grips, nets, rackets, and strings for tennis; and balls and nets for volleyball. In addition, the company offers commercial cardio, domestic fitness products, semi commercial cardio, and strength equipment. Further, it provides accessories, including AB wheels/rollers, ankle/wrist weights, gym benches, door gyms/pushup bars/hand grips, dumbbells/gym balls, gloves, mats/socks/blocks/equipment bags, supporters/belts, tubes/expanders/bands/ropes, and water bottles; bag and ball, bench, recovery, strength, training, and yoga accessories. Cosco (India) Limited was founded in 1980 and is headquartered in Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 12:32
End of Day Share Price2020/02/14 00:00
Earnings2019/12/31
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.