Himatsingka Seide Limited manufactures, retails, and distributes home textile products in North America, Canada, Europe, India, Asia, and internationally.
The last earnings update was 73 days ago.
Discounted Cash Flow Calculation for NSEI:HIMATSEIDE using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
NSEI:HIMATSEIDE DCF 1st Stage: Next 10 year cash flow forecast
Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
Himatsingka Seide's share price is below the future cash flow value, and at a moderate discount (> 20%).
Himatsingka Seide's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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
is considered below, and whether this is a fair price.
Price based on past earnings
Himatsingka Seide's earnings available for a low price, and how does
this compare to other companies in the same industry?
Himatsingka Seide's earnings are expected to grow by 19.9% yearly, however this is not considered high growth (20% yearly).
Himatsingka Seide's revenue is expected to grow by 11.1% yearly, however this is not considered high growth (20% yearly).
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.
Himatsingka Seide's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Himatsingka Seide's finances.
The net worth of a company is the difference between its assets and liabilities.
Himatsingka Seide is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Himatsingka Seide's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Himatsingka Seide'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.8x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Shrikant Himatsingka, also known as SKH, has been Chief Executive Officer and Managing Director of Himatsingka Seide Ltd. since January 30, 2016 and May 21, 2016 respectively and its Executive Director since June 3, 2003. Mr. Himatsingka studied a Bachelor of Science in Economics at Leonard Stern School of Business.
SKH's compensation has increased by more than 20% in the past year.
SKH's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Himatsingka Seide management team is about average.
MD, CEO & Executive Director
Group CFO & President of Finance
Chief Compliance Officer
Chief Financial Officer of North American operations
Executive Director of Manufacturing Operations - Group & Executive Director
Executive VP of Corporate Affairs & Group General Counsel
President of HR & Group CHRO
Head of Business Development for Europe & Asia Pacific
President of Manufacturing Operations - Hassan
President & CEO of North America
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Himatsingka Seide board of directors is less than 3 years, this suggests a new board.
Board of Directors
MD, CEO & Executive Director
Executive Director of Manufacturing Operations - Group & Executive Director
Does Himatsingka Seide Limited (NSE:HIMATSEIDE) Have A Place In Your Portfolio?
A dividend paying company with growing earnings can be rewarding in the long term. … Investors might not know much about Himatsingka Seide's dividend prospects, even though it has been paying dividends for the last nine years and offers a 1.1% yield. … Some simple analysis can offer a lot of insight when buying a company for its dividend, and we'll go through these below.
A Close Look At Himatsingka Seide Limited’s (NSE:HIMATSEIDE) 14% ROCE
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
If You Had Bought Himatsingka Seide (NSE:HIMATSEIDE) Stock Five Years Ago, You Could Pocket A 207% Gain Today
While Himatsingka Seide Limited (NSE:HIMATSEIDE) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 15% in the last quarter. … In fact, the share price is 207% higher today. … During five years of share price growth, Himatsingka Seide achieved compound earnings per share (EPS) growth of 22% per year.
Is Himatsingka Seide Limited's (NSE:HIMATSEIDE) CEO Paid Enough Relative To Peers?
In 2016 SKH Himatsingka was appointed CEO of Himatsingka Seide Limited (NSE:HIMATSEIDE). … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does SKH Himatsingka's Compensation Compare With Similar Sized Companies?
Himatsingka Seide Limited (NSE:HIMATSEIDE) Delivered A Better ROE Than Its Industry
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Himatsingka Seide has a return on equity of 15% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity
What Should You Know About Himatsingka Seide Limited's (NSE:HIMATSEIDE) Return On Capital?
and want to better understand how you can grow your money by investing in Himatsingka Seide Limited (NSE:HIMATSEIDE). … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Thus, to understand how your money can grow by investing in Himatsingka Seide, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)
What Kind Of Shareholder Appears On The Himatsingka Seide Limited's (NSE:HIMATSEIDE) Shareholder Register?
The big shareholder groups in Himatsingka Seide Limited (NSE:HIMATSEIDE) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … Himatsingka Seide is not a large company by global standards.
Is Himatsingka Seide Limited's (NSE:HIMATSEIDE) CEO Pay Fair?
At the time of writing our data says that Himatsingka Seide Limited has a market cap of ₹23.2b, and is paying total annual CEO compensation of ₹82m. … We examined companies with market caps from ₹14.6b to ₹58.3b, and discovered that the median CEO compensation of that group was ₹21m. … Thus we can conclude that SKH Himatsingka receives more in total compensation than the median of a group of companies in the same market, and of similar size to Himatsingka Seide Limited
Should You Be Tempted To Buy Himatsingka Seide Limited (NSE:HIMATSEIDE) Because Of Its PE Ratio?
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … Himatsingka Seide Limited (NSE:HIMATSEIDE) trades with a trailing P/E of 12.1, which is lower than the industry average of 13.6.
How Himatsingka Seide Limited (NSE:HIMATSEIDE) Delivered A Better ROE Than Its Industry
Himatsingka Seide Limited (NSE:HIMATSEIDE) outperformed the textiles industry on the basis of its ROE – producing a higher 15.93% relative to the peer average of 7.69% over the past 12 months. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden. … View our latest analysis for Himatsingka Seide
Himatsingka Seide Limited manufactures, retails, and distributes home textile products in North America, Canada, Europe, India, Asia, and internationally. It offers bed ensembles, including sheet sets, pillowcases, duvets, comforters, decorative pillows, bedskrits, shams, and dust ruffles, as well as a range of quilted products; fabrics for drapery and upholstery applications; and silk and blended yarn products, such as spun silk yarns, and silk yarns blended with wool, tussar, and linen. The company is also involved in the retail and distribution activities under the Calvin Klein Home, Barbara Barry, Bellora, and Atmosphere brands. Himatsingka Seide Limited was founded in 1985 and is headquartered in Bengaluru, India.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.