Sheela Foam
Market Cap
₹81.2b
Last Updated
2020/02/20 13:11 UTC
Data Sources
Company Financials +
Executive Summary
Sheela Foam Limited manufactures and sells polyurethane foams primarily in India.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has Sheela Foam's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.5%
SFL
1.5%
IN Consumer Durables
-0.6%
IN Market
1 Year Return
28.7%
SFL
36.2%
IN Consumer Durables
11.1%
IN Market
Return vs Industry: SFL underperformed the Indian Consumer Durables industry which returned 36.2% over the past year.
Return vs Market: SFL exceeded the Indian Market which returned 11.1% over the past year.
Shareholder returns
| SFL | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 1.5% | -0.6% |
| 30 Day | 18.4% | 6.4% | -0.5% |
| 90 Day | 27.6% | 15.4% | 3.0% |
| 1 Year | 28.7%28.7% | 37.3%36.2% | 13.1%11.1% |
| 3 Year | 55.6%55.6% | 50.1%47.6% | 24.5%18.0% |
| 5 Year | n/a | 104.0%98.6% | 37.8%25.7% |
Price Volatility Vs. Market
How volatile is Sheela Foam's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Sheela Foam Limited Just Missed EPS By 8.5%: Here's What Analysts Think Will Happen Next1 week ago | Simply Wall St
Don't Sell Sheela Foam Limited (NSE:SFL) Before You Read This3 weeks ago | Simply Wall St
Is Sheela Foam (NSE:SFL) Using Too Much Debt?Valuation
Is Sheela Foam undervalued compared to its fair value and its price relative to the market?
40.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SFL (₹1671.5) is trading above our estimate of fair value (₹705.74)
Significantly Below Fair Value: SFL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SFL is poor value based on its PE Ratio (40.7x) compared to the Consumer Durables industry average (23x).
PE vs Market: SFL is poor value based on its PE Ratio (40.7x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: SFL is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SFL is overvalued based on its PB Ratio (9.9x) compared to the IN Consumer Durables industry average (1.4x).
Next Steps
Future Growth
How is Sheela Foam forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
18.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFL's forecast earnings growth (18.4% per year) is above the savings rate (6.5%).
Earnings vs Market: SFL's earnings (18.4% per year) are forecast to grow slower than the Indian market (21.5% per year).
High Growth Earnings: SFL's earnings are forecast to grow, but not significantly.
Revenue vs Market: SFL's revenue (13.9% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: SFL's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFL's Return on Equity is forecast to be high in 3 years time (23.2%)
Next Steps
Past Performance
How has Sheela Foam performed over the past 5 years?
16.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFL has a high level of non-cash earnings.
Growing Profit Margin: SFL's current net profit margins (9.1%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: SFL's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: SFL's earnings growth over the past year (55.9%) exceeds its 5-year average (16.3% per year).
Earnings vs Industry: SFL earnings growth over the past year (55.9%) exceeded the Consumer Durables industry 15.6%.
Return on Equity
High ROE: SFL's Return on Equity (24.3%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Sheela Foam's financial position?
Financial Position Analysis
Short Term Liabilities: SFL's short term assets (₹7.3B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: SFL's short term assets (₹7.3B) exceed its long term liabilities (₹878.6M).
Debt to Equity History and Analysis
Debt Level: SFL's debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: SFL's debt to equity ratio has reduced from 66.9% to 3.5% over the past 5 years.
Debt Coverage: SFL's debt is well covered by operating cash flow (583.4%).
Interest Coverage: SFL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: SFL has a high level of physical assets or inventory.
Debt Coverage by Assets: SFL's debt is covered by short term assets (assets are 25.4x debt).
Next Steps
Dividend
What is Sheela Foam's current dividend yield, its reliability and sustainability?
0.22%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SFL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SFL'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 SFL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SFL'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 SFL'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?
4.3yrs
Average management tenure
CEO
Rahul Gautam (66yo)
23.8yrs
Tenure
₹29,394,000
Compensation
Mr. Rahul Gautam has been a Managing Director of Sheela Foam Limited (also knoenas Sheela Foam Private Limited) since April 01, 1996 and serves its Chairman. Mr. Gautam personally looks after the Group's F ...
CEO Compensation Analysis
Compensation vs Market: Rahul's total compensation ($USD410.77K) is about average for companies of similar size in the Indian market ($USD386.20K).
Compensation vs Earnings: Rahul's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 23.8yrs | ₹29.39m | 12.73% ₹10.3b | |
| Chief Financial Officer | 0.3yrs | ₹12.11m | no data | |
| Compliance Officer & Company Secretary | 0yrs | ₹1.45m | no data | |
| Head of Sales & Marketing and Whole-Time Director | 16.3yrs | ₹15.67m | no data | |
| Whole-Time Director | 16.3yrs | ₹15.90m | 11.72% ₹9.5b | |
| Whole-Time Director | 12.8yrs | ₹16.57m | 37.08% ₹30.1b | |
| Founder & Chairperson Emeritus | 0yrs | no data | no data | |
| Chief Operating Officer | 4.3yrs | ₹10.45m | no data | |
| Chief Information Officer & Chief Human Resources Officer | 4.3yrs | no data | no data | |
| CEO & Director of Joyce Foam Pty Ltd | 0yrs | no data | no data |
4.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: SFL's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 23.8yrs | ₹29.39m | 12.73% ₹10.3b | |
| Head of Sales & Marketing and Whole-Time Director | 16.3yrs | ₹15.67m | no data | |
| Whole-Time Director | 16.3yrs | ₹15.90m | 11.72% ₹9.5b | |
| Whole-Time Director | 12.8yrs | ₹16.57m | 37.08% ₹30.1b | |
| Founder & Chairperson Emeritus | 0yrs | no data | no data | |
| CEO & Director of Joyce Foam Pty Ltd | 0yrs | no data | no data | |
| Non-Executive Independent Director | 3.7yrs | no data | no data | |
| Non-Executive Independent Director | 3.7yrs | no data | no data | |
| Non-Executive Independent Director | 3.7yrs | no data | no data | |
| Additional Non-Executive Independent Director | 1.9yrs | no data | no data |
3.7yrs
Average Tenure
66yo
Average Age
Experienced Board: SFL's board of directors are considered experienced (3.7 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
Sheela Foam Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sheela Foam Limited
- Ticker: SFL
- Exchange: NSEI
- Founded: 1971
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: ₹81.218b
- Shares outstanding: 48.78m
- Website: https://www.sheelafoam.com
Number of Employees
Location
- Sheela Foam Limited
- 37/2, Site-IV
- Sahibabad
- Ghaziabad
- Uttar Pradesh
- 201010
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 540203 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2016 |
| SFL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 2016 |
Biography
Sheela Foam Limited manufactures and sells polyurethane foams primarily in India. The company provides various technical products, such as automotive, reticulated, silenctech, sound absorption, specialty, UV, rebounded, high resilience, pure grade, flame retardant, lamination grade, anti-static, UV stable, thermo-formable, hard and soft, and polyester grade foam products, as well as visco-elastic temperature sensitive materials. It also offers mattresses, pillows, mattress protectors, bolsters, back cushions, and furniture cushioning products. The company provides its products under the Sleepwell, Feather Foam, and Lamiflex brands. It sells its products for home use, as well as for hospitals, and hotel and hospitality institutions. The company distributes its products through distributors, dealers, and multi-branded outlets. It also exports its products to approximately 32 countries. Sheela Foam Limited was founded in 1971 and is based in Ghaziabad, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 13:11 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.