Premier Polyfilm Ltd. manufactures and sells calendared PVC products in India.
Undervalued with solid track record.
Share Price & News
How has Premier Polyfilm's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PREMIERPOL's share price has been volatile over the past 3 months.
7 Day Return
IN Consumer Durables
1 Year Return
IN Consumer Durables
Return vs Industry: PREMIERPOL underperformed the Indian Consumer Durables industry which returned 34.8% over the past year.
Return vs Market: PREMIERPOL underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Premier Polyfilm's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhy Premier Polyfilm Ltd.’s (NSE:PREMIERPOL) Return On Capital Employed Is Impressive
2 weeks ago | Simply Wall StHow Does Premier Polyfilm's (NSE:PREMIERPOL) P/E Compare To Its Industry, After Its Big Share Price Gain?
1 month ago | Simply Wall StWhat Is Premier Polyfilm's (NSE:PREMIERPOL) P/E Ratio After Its Share Price Rocketed?
Is Premier Polyfilm 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: PREMIERPOL (₹24.55) is trading below our estimate of fair value (₹41.58)
Significantly Below Fair Value: PREMIERPOL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PREMIERPOL is good value based on its PE Ratio (8.5x) compared to the Consumer Durables industry average (22.9x).
PE vs Market: PREMIERPOL is good value based on its PE Ratio (8.5x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PREMIERPOL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PREMIERPOL is good value based on its PB Ratio (1.2x) compared to the IN Consumer Durables industry average (1.4x).
How is Premier Polyfilm 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 Premier Polyfilm 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 Premier Polyfilm 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.
- Premier Polyfilm 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 Premier Polyfilm performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PREMIERPOL has high quality earnings.
Growing Profit Margin: PREMIERPOL's current net profit margins (3.5%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: PREMIERPOL's earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: PREMIERPOL's earnings growth over the past year (78.8%) exceeds its 5-year average (9.6% per year).
Earnings vs Industry: PREMIERPOL earnings growth over the past year (78.8%) exceeded the Consumer Durables industry 13.9%.
Return on Equity
High ROE: PREMIERPOL's Return on Equity (14.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Premier Polyfilm's financial position?
Financial Position Analysis
Short Term Liabilities: PREMIERPOL's short term assets (₹452.4M) exceed its short term liabilities (₹398.2M).
Long Term Liabilities: PREMIERPOL's short term assets (₹452.4M) exceed its long term liabilities (₹56.0M).
Debt to Equity History and Analysis
Debt Level: PREMIERPOL's debt to equity ratio (50.7%) is considered high.
Reducing Debt: PREMIERPOL's debt to equity ratio has increased from 15.9% to 50.7% over the past 5 years.
Debt Coverage: PREMIERPOL's debt is well covered by operating cash flow (72.8%).
Interest Coverage: PREMIERPOL's interest payments on its debt are well covered by EBIT (4.7x coverage).
Inventory Level: PREMIERPOL has a high level of physical assets or inventory.
Debt Coverage by Assets: PREMIERPOL's debt is covered by short term assets (assets are 2.1x debt).
What is Premier Polyfilm's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PREMIERPOL's dividend (2.01%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: PREMIERPOL's dividend (2.01%) is low compared to the top 25% of dividend payers in the Indian market (2.51%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PREMIERPOL has been paying a dividend for less than 10 years.
Growing Dividend: PREMIERPOL has only been paying a dividend for 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17%), PREMIERPOL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Amar Goenka (77yo)
Mr. Amar Nath Goenka serves as the Chairman, Chief Executive Officer and Chief Financial Officer of Premier Polyfilm Ltd. and has been its Managing Director since February 18, 2008. Mr. Goenka has been a D ...
CEO Compensation Analysis
Compensation vs Market: Amar's total compensation ($USD53.63K) is about average for companies of similar size in the Indian market ($USD50.14K).
Compensation vs Earnings: Amar's compensation has been consistent with company performance over the past year.
|Executive Director||15.7yrs||₹2.03m||no data|
|Executive Director||10.1yrs||₹4.32m||11.7% ₹61.0m|
|Independent Non-Executive Director||5yrs||₹56.00k||no data|
|Non Executive Independent Director||0.8yrs||no data||0.15% ₹771.9k|
|Non Executive Independent Director||0.8yrs||no data||no data|
|Non Executive Independent Director||0.8yrs||no data||no data|
Experienced Board: PREMIERPOL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Premier Polyfilm Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Premier Polyfilm Ltd.
- Ticker: PREMIERPOL
- Exchange: NSEI
- Founded: 1992
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: ₹521.618m
- Shares outstanding: 20.95m
- Website: https://www.premierpoly.com
Number of Employees
- Premier Polyfilm Ltd.
- 40/1A, Site IV
- Sahibabad Industrial Area
- Uttar Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514354||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2012|
|PREMIERPOL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2012|
Premier Polyfilm Ltd. manufactures and sells calendared PVC products in India. The company offers PVC flooring products, such as heavy duty flooring; anti-bacterial flooring; safety flooring for buses and transport; anti-skid embossed flooring; anti-static flooring; electro static dissipation flooring; heavy-duty flexible vinyl flooring for electrical substations; and PVC laminated sheets. It also provides industrial floor mats, surface protection sheets, high voltage insulating mats, PVC geomembranes, artificial/calendared leather cloths, and PVC decor films and sheeting, as well as installation accessories comprising PVC skirting, capping strips, covings, stair noising, and welding cords. The company also exports its products to approximately 25 countries. Premier Polyfilm Ltd. was founded in 1992 and is headquartered in Ghaziabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 13:07|
|End of Day Share Price||2020/02/14 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.