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Roxy Exports

BSE:539561
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
539561
BSE
₹54M
Market Cap
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Last updated 2019/04/23 13:01
Company description

Roxy Exports Limited manufactures and trades in bicycles and bicycle parts in India. The last earnings update was 256 days ago. More info.

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539561 Share Price and Events
7 Day Returns
0%
BSE:539561
-0.8%
Asia Leisure
-1.2%
IN Market
1 Year Returns
-
BSE:539561
-21.2%
Asia Leisure
-2.5%
IN Market
539561 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Roxy Exports (539561) 0% -2.9% -6.3% - - -
Asia Leisure -0.8% -2.5% 2.6% -21.2% -30.5% -36.3%
IN Market -1.2% 1.4% 4.8% -2.5% 40% 69.9%
1 Year Return vs Industry and Market
  • No trading data on 539561.
  • No trading data on 539561.
Price Volatility
539561
Industry
5yr Volatility vs Market

539561 Value

 Is Roxy Exports undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Roxy Exports. This is due to cash flow or dividend data being unavailable. The share price is ₹15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Roxy Exports's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Roxy Exports's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:539561 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in INR ₹0.15
BSE:539561 Share Price ** BSE (2019-04-16) in INR ₹15
Asia Leisure Industry PE Ratio Median Figure of 17 Publicly-Listed Leisure Companies 13.58x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Roxy Exports.

BSE:539561 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:539561 Share Price ÷ EPS (both in INR)

= 15 ÷ 0.15

 99.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Roxy Exports is overvalued based on earnings compared to the Asia Leisure industry average.
  • Roxy Exports is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Roxy Exports's expected growth come at a high price?
Raw Data
BSE:539561 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 99.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 33.8%per year
Global Leisure Industry PEG Ratio Median Figure of 27 Publicly-Listed Leisure Companies 1.4x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Roxy Exports, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Roxy Exports's assets?
Raw Data
BSE:539561 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in INR ₹8.52
BSE:539561 Share Price * BSE (2019-04-16) in INR ₹15
Asia Leisure Industry PB Ratio Median Figure of 27 Publicly-Listed Leisure Companies 0.97x
India Market PB Ratio Median Figure of 3,629 Publicly-Listed Companies 1.1x
BSE:539561 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:539561 Share Price ÷ Book Value per Share (both in INR)

= 15 ÷ 8.52

 1.76x

* Primary Listing of Roxy Exports.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Roxy Exports is overvalued based on assets compared to the Asia Leisure industry average.
X
Value checks
We assess Roxy Exports's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
    5. Roxy Exports has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

539561 Future Performance

 How is Roxy Exports expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Roxy Exports, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Roxy Exports expected to grow at an attractive rate?
  • Roxy Exports's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Roxy Exports's earnings growth is expected to exceed the India market average.
  • Unable to compare Roxy Exports's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:539561 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:539561 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 33.8%
Asia Leisure Industry Earnings Growth Rate Market Cap Weighted Average 17.9%
Global Leisure Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:539561 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:539561 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-06-30 3 1
2018-03-31 4 -2 0
2017-12-31 9 0
2017-09-30 9 0
2017-06-30 11 0
2017-03-31 13 1 0
2016-12-31 27 0
2016-09-30 39 0
2016-06-30 40 0
2016-03-31 39 -14 0
2015-12-31 22 0
2015-09-30 12 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Roxy Exports's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Roxy Exports is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:539561 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Roxy Exports Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539561 Past Financials Data
Date (Data in INR Millions) EPS *
2018-06-30 0.15
2018-03-31 0.04
2017-12-31
2017-09-30 0.06
2017-06-30
2017-03-31 0.01
2016-12-31 -0.04
2016-09-30
2016-06-30
2016-03-31 0.03
2015-12-31 0.05
2015-09-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Roxy Exports will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Show me more growth companies in the Leisure industry
X
Future performance checks
We assess Roxy Exports's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Roxy Exports has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

539561 Past Performance

  How has Roxy Exports performed over the past 5 years?

  • Roxy Exports's last earnings update was 256 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Roxy Exports's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Roxy Exports's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Roxy Exports has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Roxy Exports has become profitable in the last year making it difficult to compare the Asia Leisure industry average.
Earnings and Revenue History
Roxy Exports's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Roxy Exports Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539561 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 3.29 0.56 1.55
2018-03-31 3.50 0.14 1.42
2017-12-31 8.81 0.05 0.89
2017-09-30 9.34 0.23 0.87
2017-06-30 11.31 -0.05 1.17
2017-03-31 13.33 0.03 1.35
2016-12-31 26.79 -0.13 1.53
2016-09-30 39.35 -0.13 1.55
2016-06-30 40.11 -0.11 1.01
2016-03-31 39.33 0.11 1.42
2015-12-31 22.46 0.17 1.07
2015-09-30 11.66 -0.19 1.47
2015-06-30 16.20 2.84 1.23
2015-03-31 21.19 5.86 1.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Roxy Exports has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Roxy Exports used its assets less efficiently than the Asia Leisure industry average last year based on Return on Assets.
  • It is difficult to establish if Roxy Exports improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Roxy Exports's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Roxy Exports has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

539561 Health

 How is Roxy Exports's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Roxy Exports's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Roxy Exports is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Roxy Exports's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Roxy Exports's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Roxy Exports has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Roxy Exports Company Filings, last reported 9 months ago.

BSE:539561 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 30.69 0.00 0.16
2018-03-31 30.69 0.00 0.16
2017-12-31 30.37 0.00 0.34
2017-09-30 30.37 0.00 0.34
2017-06-30
2017-03-31 30.38 0.00 1.58
2016-12-31 30.21 0.00 0.02
2016-09-30 30.21 0.00 0.02
2016-06-30 30.41 0.04 0.20
2016-03-31 30.42 0.04 0.11
2015-12-31
2015-09-30 30.40 0.04 0.12
2015-06-30
2015-03-31 30.37 1.04 0.06
  • Roxy Exports has no debt.
  • Roxy Exports currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Roxy Exports has no debt, it does not need to be covered by operating cash flow.
  • Roxy Exports has no debt, therefore coverage of interest payments is not a concern.
Show me more healthy companies in the Leisure industry
X
Financial health checks
We assess Roxy Exports's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Roxy Exports has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

539561 Dividends

 What is Roxy Exports's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Roxy Exports dividends.
If you bought ₹2,000 of Roxy Exports shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Roxy Exports's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Roxy Exports's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:539561 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Leisure Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 2.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Roxy Exports has not reported any payouts.
  • Unable to verify if Roxy Exports's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Roxy Exports's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Roxy Exports has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Roxy Exports's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Roxy Exports afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Roxy Exports has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

539561 Management

 What is the CEO of Roxy Exports's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Roxy Exports has no CEO, or we have no data on them.
Management Team

Amandeep Singh

TITLE
Company Secretary & Compliance Officer
Board of Directors

Vinod Jain

TITLE
Non - Executive & Independent Director

Vivek Marwaha

TITLE
Non - Executive & Independent Director

Harpreet Malhi

TITLE
Non - Executive & Independent Director

Siddharth Chimmanlal Shah

TITLE
Additional Director
TENURE
0.5 yrs

Ankit Shah

TITLE
Additional Director
TENURE
0.5 yrs

Vasanth Bantwal

TITLE
Additional Director

Maneesha Naresh

TITLE
Additional Director
Who owns this company?
Recent Insider Trading
  • Information is not available.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
06. Mar 19 Buy Siddharth Chimmanlal Shah Individual 22. Feb 19 22. Feb 19 1,568,405 ₹12.00 ₹18,820,847
26. Feb 19 Sell Mohit Mittal Individual 22. Feb 19 22. Feb 19 -506,890 ₹12.00 ₹-6,082,676
26. Feb 19 Sell Rohit Mittal Individual 22. Feb 19 22. Feb 19 -356,430 ₹12.00 ₹-4,277,157
26. Feb 19 Sell Amit Mittal Individual 22. Feb 19 22. Feb 19 -705,085 ₹12.00 ₹-8,461,014
X
Management checks
We assess Roxy Exports's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Roxy Exports has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

539561 News

Simply Wall St News

539561 Company Info

Description

Roxy Exports Limited manufactures and trades in bicycles and bicycle parts in India. The company offers bicycle hubs, bicycle rims, sealed bearing hubs, bicycle alloy rims, bicycle free wheels, bicycle roller chains, and wheelchair hubs, as well as electroplating services. It also exports its products to approximately 40 countries. The company was founded in 1960 and is based in Ludhiana, India.

Details
Name: Roxy Exports Limited
539561
Exchange: BSE
Founded: 1960
₹54,000,000
3,600,000
Website: http://www.roxyexports.in
Address: Roxy Exports Limited
C–116,
Phase–V,
Ludhiana,
Punjab, 141003,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 539561 Equity Shares Mumbai Stock Exchange IN INR 12. Jan 2016
Number of employees
Current staff
Staff numbers
0
Roxy Exports employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 13:01
End of day share price update: 2019/04/16 00:00
Last earnings filing: 2018/08/10
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

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