A.K. Spintex Limited engages in the fabric processing activities in India.
Excellent balance sheet and slightly overvalued.
Share Price & News
How has A.K. Spintex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 539300 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 539300 underperformed the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: 539300 underperformed the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is A.K. Spintex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is A.K. Spintex undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 539300's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 539300's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 539300 is good value based on its PE Ratio (8x) compared to the Luxury industry average (11.2x).
PE vs Market: 539300 is good value based on its PE Ratio (8x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 539300's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 539300 is overvalued based on its PB Ratio (0.7x) compared to the IN Luxury industry average (0.5x).
How is A.K. Spintex 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 A.K. Spintex 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 A.K. Spintex's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- A.K. Spintex 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 A.K. Spintex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539300 has high quality earnings.
Growing Profit Margin: 539300's current net profit margins (2.7%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: 539300's earnings have grown by 17.6% per year over the past 5 years.
Accelerating Growth: 539300's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 539300 had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Luxury industry average (5.6%).
Return on Equity
High ROE: 539300's Return on Equity (8.5%) is considered low.
Return on Assets
Return on Capital Employed
How is A.K. Spintex's financial position?
Financial Position Analysis
Short Term Liabilities: 539300's short term assets (₹218.1M) exceed its short term liabilities (₹167.2M).
Long Term Liabilities: 539300's short term assets (₹218.1M) exceed its long term liabilities (₹66.6M).
Debt to Equity History and Analysis
Debt Level: 539300's debt to equity ratio (49.6%) is considered high.
Reducing Debt: 539300's debt to equity ratio has reduced from 136.9% to 49.6% over the past 5 years.
Debt Coverage: 539300's debt is well covered by operating cash flow (44.8%).
Interest Coverage: 539300's interest payments on its debt are well covered by EBIT (3.4x coverage).
Inventory Level: 539300 has a high level of physical assets or inventory.
Debt Coverage by Assets: 539300's debt is covered by short term assets (assets are 2.2x debt).
What is A.K. Spintex's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 539300's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 539300'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 539300's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 539300'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 539300'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
Prakash Chand Chhabra (54yo)
Mr. Prakash Chand Chhabra serves as the Chairman and Managing Director at A.K. Spintex Limited. Mr. Chhabra is market leader and very experience person in textile Business having more than 30 year experien ...
CEO Compensation Analysis
Compensation vs Market: Prakash Chand's total compensation ($USD50.31K) is about average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Prakash Chand's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman & MD||0yrs||₹3.60m||no data|
|Whole Time Director||0yrs||no data||17.8% ₹25.8m|
|Executive Director||0yrs||no data||5.08% ₹7.4m|
|Independent Non Executive Director||5.8yrs||no data||no data|
|Independent Non Executive Director||5.8yrs||no data||no data|
|Independent Woman Director||5.8yrs||no data||no data|
|Additional Director||0yrs||no data||no data|
Experienced Board: 539300's board of directors are considered experienced (5.8 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.
A.K. Spintex Limited's company bio, employee growth, exchange listings and data sources
- Name: A.K. Spintex Limited
- Ticker: 539300
- Exchange: BSE
- Founded: 1994
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹144.914m
- Shares outstanding: 5.03m
- Website: https://www.akspintex.com
- A.K. Spintex Limited
- 14th K.M. Stone
- Chittorgarh Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|539300||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 2015|
A.K. Spintex Limited engages in the fabric processing activities in India. It processes manmade and cotton fabrics. The company was incorporated in 1994 and is headquartered in Bhilwara, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:15|
|End of Day Share Price||2020/02/19 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.