Simplex Mills Company Limited manufactures and sells industrial cloth and cotton yarn primarily in India.
Good value with questionable track record.
Share Price & News
How has Simplex Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 533018 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 533018 performed against the Indian Luxury industry.
Return vs Market: Insufficient data to determine how 533018 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Simplex Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Simplex Mills 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: 533018 (₹10) is trading below our estimate of fair value (₹22.27)
Significantly Below Fair Value: 533018 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 533018 is good value based on its PE Ratio (4.9x) compared to the Luxury industry average (11.2x).
PE vs Market: 533018 is good value based on its PE Ratio (4.9x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 533018's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 533018 has negative assets, so we can't compare its PB Ratio to the IN Luxury industry average.
How is Simplex Mills 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 Simplex Mills 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 Simplex Mills 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.
- Simplex Mills 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 Simplex Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 533018 has a large one-off gain of ₹4.7M impacting its December 31 2019 financial results.
Growing Profit Margin: 533018 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 533018 has become profitable over the past 5 years, growing earnings by 75.4% per year.
Accelerating Growth: 533018 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 533018 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: 533018's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Simplex Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 533018 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 533018 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 533018 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 533018's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: 533018 has a high level of physical assets or inventory.
Debt Coverage by Assets: 533018 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 533018 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: 533018 is profitable, therefore cash runway is not a concern.
What is Simplex Mills's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 533018's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 533018'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 533018's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 533018'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 533018'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
Simplex Mills has no CEO, or we have no data on them.
|Non-Executive Director||10.7yrs||₹1.25k||no data|
|Non Executive Director||7.1yrs||₹1.50k||no data|
|Non-Executive Director||5yrs||₹1.25k||no data|
|Non-Executive Independent Director||10.3yrs||₹1.50k||0.0024% ₹711.1|
|Non-Executive Independent Director||3yrs||₹1.50k||no data|
Experienced Board: 533018's board of directors are considered experienced (7.1 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.
Simplex Mills Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Simplex Mills Company Limited
- Ticker: 533018
- Exchange: BSE
- Founded: 1998
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹30.005m
- Shares outstanding: 3.00m
- Website: https://www.simplex-group.com/mills
Number of Employees
- Simplex Mills Company Limited
- 30, Keshavrao Khadye Marg
- Sant Gadge Maharaj Chowk
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|533018||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 2008|
Simplex Mills Company Limited manufactures and sells industrial cloth and cotton yarn primarily in India. It offers yarns; and fabric products, such as grey belting fabrics, canvas cloth, and cotton and nylon, as well as bleached, dyed, printed, wearable, and sheeting fabrics in cotton and blends. The company also provides oxford weave, twill weave, leno weave, and nylon fabrics. Simplex Mills Company Limited was incorporated in 1998 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 12:59|
|End of Day Share Price||2020/02/12 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.