Johnson Controls-Hitachi Air Conditioning India
Market Cap
₹60.7b
Last Updated
2021/05/15 12:10 UTC
Data Sources
Company Financials
Executive Summary
Johnson Controls-Hitachi Air Conditioning India Limited manufactures and trades in various window and split air conditioners, chillers, refrigerators, air purifiers, and variable refrigerant flow systems in India. More Details
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Johnson Controls-Hitachi Air Conditioning India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JCHAC is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JCHAC's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-3.0%
JCHAC
-1.6%
IN Consumer Durables
-0.4%
IN Market
1 Year Return
0.9%
JCHAC
95.0%
IN Consumer Durables
66.2%
IN Market
Return vs Industry: JCHAC underperformed the Indian Consumer Durables industry which returned 94.6% over the past year.
Return vs Market: JCHAC underperformed the Indian Market which returned 66.6% over the past year.
Shareholder returns
| JCHAC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -1.6% | -0.4% |
| 30 Day | -10.8% | -0.4% | 3.1% |
| 90 Day | -11.8% | -2.7% | 2.7% |
| 1 Year | 0.9%0.9% | 95.8%95.0% | 68.7%66.2% |
| 3 Year | -14.0%-14.1% | 53.6%50.9% | 31.0%24.5% |
| 5 Year | 66.1%65.5% | 84.9%79.8% | 92.8%78.1% |
Long-Term Price Volatility Vs. Market
How volatile is Johnson Controls-Hitachi Air Conditioning India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Might Be Having Difficulty Using Its Capital Effectively1 month ago | Simply Wall St
Is Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) A Risky Investment?Valuation
Is Johnson Controls-Hitachi Air Conditioning India undervalued compared to its fair value and its price relative to the market?
9.39x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: JCHAC (₹2220.8) is trading above our estimate of fair value (₹14.38)
Significantly Below Fair Value: JCHAC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JCHAC is unprofitable, so we can't compare its PE Ratio to the Indian Consumer Durables industry average.
PE vs Market: JCHAC is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JCHAC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JCHAC is overvalued based on its PB Ratio (9.4x) compared to the IN Consumer Durables industry average (2x).
Future Growth
How is Johnson Controls-Hitachi Air Conditioning India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
29.0%
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 Johnson Controls-Hitachi Air Conditioning 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.
Past Performance
How has Johnson Controls-Hitachi Air Conditioning India performed over the past 5 years?
-9.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JCHAC is currently unprofitable.
Growing Profit Margin: JCHAC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JCHAC is unprofitable, and losses have increased over the past 5 years at a rate of 9.8% per year.
Accelerating Growth: Unable to compare JCHAC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JCHAC is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-12.9%).
Return on Equity
High ROE: JCHAC has a negative Return on Equity (-0.65%), as it is currently unprofitable.
Financial Health
How is Johnson Controls-Hitachi Air Conditioning India's financial position?
Financial Position Analysis
Short Term Liabilities: JCHAC's short term assets (₹7.0B) exceed its short term liabilities (₹4.5B).
Long Term Liabilities: JCHAC's short term assets (₹7.0B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: JCHAC's debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: JCHAC's debt to equity ratio has reduced from 25.6% to 19.3% over the past 5 years.
Debt Coverage: JCHAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JCHAC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Johnson Controls-Hitachi Air Conditioning India current dividend yield, its reliability and sustainability?
0.067%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JCHAC's dividend (0.067%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.41%).
High Dividend: JCHAC's dividend (0.067%) is low compared to the top 25% of dividend payers in the Indian market (1.71%).
Stability and Growth of Payments
Stable Dividend: JCHAC is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: JCHAC is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: JCHAC is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JCHAC'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?
4.9yrs
Average board tenure
CEO
Gurmeet Singh (55 yo)
4.25yrs
Tenure
₹18,900,000
Compensation
Mr. Gurmeet Singh has been Chairman of Johnson Controls-Hitachi Air Conditioning India Limited (Formerly known as Hitachi Home and Life Solutions (India) Limited) since January 30, 2018 and has been its Ma...
CEO Compensation Analysis
Compensation vs Market: Gurmeet's total compensation ($USD257.99K) is below average for companies of similar size in the Indian market ($USD377.15K).
Compensation vs Earnings: Gurmeet's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: JCHAC's board of directors are considered experienced (4.9 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Johnson Controls-Hitachi Air Conditioning India Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Johnson Controls-Hitachi Air Conditioning India Limited
- Ticker: JCHAC
- Exchange: NSEI
- Founded: 1984
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: ₹60.698b
- Shares outstanding: 27.19m
- Website: https://www.hitachiaircon.in
Number of Employees
Location
- Johnson Controls-Hitachi Air Conditioning India Limited
- Hitachi Complex
- Karan Nagar
- Kadi
- Gujarat
- 382727
- India
Listings
Biography
Johnson Controls-Hitachi Air Conditioning India Limited manufactures and trades in various window and split air conditioners, chillers, refrigerators, air purifiers, and variable refrigerant flow systems i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/15 12:10 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.