Trident Limited manufactures, trades in, and sells yarn, terry towels, bedsheets, paper, and chemical products in the United States, India, and internationally.
The last earnings update was 245 days ago.
Discounted Cash Flow Calculation for NSEI:TRIDENT 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:TRIDENT 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.
Trident's share price is below the future cash flow value, and at a moderate discount (> 20%).
Trident'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
Trident's earnings available for a low price, and how does
this compare to other companies in the same industry?
Trident's earnings are expected to grow significantly at over 20% yearly.
Trident's revenue is expected to grow by 7.8% 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.
Trident'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
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
Mr. Deepak Nanda, B.Sc, M.Sc., has been Managing Director of Trident Infotech Limited since February 1, 2008. Mr. Nanda serves as Managing Director of Trident Infotech Corporation Limited. He serves as the Chief Executive Officer at Trident Limited and has been its Managing Director since November 12, 2013. Mr. Nanda is an IT professional with a proven track record of delivering best productivity, Return on Investment, value and results in domestic and overseas segment. He possesses more than two and half decades of experience and specializes in business development, client relationship, contract negotiations, project implementation and delivery, improving the efficiency & effectiveness of client's business through IT. He has been Whole-Time Director at Trident Limited since November 12, 2011. He serves as Director of Trident Infotech Corporation Limited. Mr. Nanda has been a Director of Trident Infotech Limited since July 1, 2008. He serves as Director of SME Business Services Limited, MDE Infra Consultants Private Limited and Punjab Venture Capital Fund Limited. He received his Master of Science and Advance Training in Computer Software and Management.
Deepak's compensation has been consistent with company performance over the past year.
Deepak's remuneration is about average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Trident management team is about average.
CEO, MD & Whole-Time Director
Chief Financial Officer
Compliance Officer & Company Secretary
Chief Operating Officer of Home Textiles
Chief Operating Officer of Papers
Chief Operating Officer of Energy & Chemicals
Deputy Company Secretary
Chief Executive Officer of India Marketing
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Trident board of directors is about average.
An Intrinsic Calculation For Trident Limited (NSE:TRIDENT) Suggests It's 37% Undervalued
This is done using the Discounted Cash Flow (DCF) model! … If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. … The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period.
Is Trident Limited’s (NSE:TRIDENT) 9.3% Return On Capital Employed Good News?
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. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
How Good Is Trident Limited (NSE:TRIDENT), When It Comes To ROE?
This article is for those who would like to learn about Return On Equity (ROE). … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.090 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Will Trident Limited's (NSE:TRIDENT) Earnings Grow Over The Next Year?
Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued at $60)! … After Trident Limited's (NSE:TRIDENT) earnings announcement in March 2018, … as a 48% increase in profits is expected in the upcoming year,
Trident Limited (NSE:TRIDENT): Ex-Dividend Is In 3 Days
Important news for shareholders and potential investors in Trident Limited (NSE:TRIDENT): The dividend payment of ₹1.20 per share will be distributed to shareholders on 14 February 2019, and the stock will begin trading ex-dividend at an earlier date, 24 January 2019. … 5 questions I ask before picking a dividend stock? … Has it consistently paid a stable dividend without missing a payment or drastically cutting payout?
Do You Like Trident Limited (NSE:TRIDENT) At This P/E Ratio?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Based on the last twelve months, Trident's P/E ratio is 12.29. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
What You Must Know About Trident Limited's (NSE:TRIDENT) Financial Strength
Investors are always looking for growth in small-cap stocks like Trident Limited (NSE:TRIDENT), with a market cap of ₹33b. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.
What To Know Before Buying Trident Limited (NSE:TRIDENT) For Its Dividend
Historically, Trident Limited (NSE:TRIDENT) has been paying a dividend to shareholders. … Does Trident tick all the boxes of a great dividend stock? … 5 checks you should use to assess a dividend stock
Why Trident Limited (NSE:TRIDENT) Looks Like A Quality Company
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.090 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Trident Limited manufactures, trades in, and sells yarn, terry towels, bedsheets, paper, and chemical products in the United States, India, and internationally. The company operates through Textiles, and Paper and Chemical segments. It offers home textiles, such as terry towels, bedsheets, blankets, dohars, and bathrobes. The company also provides cotton, blended, special open end, organic cotton, core spun, eli-twist, compact, and slub yarns, as well as value added yarns consisting of mélange, package dyed, gassed mercerized, zero twist, wrapper, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarn products; copier, writing and printing maplitho, and bible and offset print papers; and commercial, battery, and laboratory reagent grade sulphuric acid used in various industries for the production of zinc sulphate, alum, detergent, dye, fertilizer, and pharmaceutical products, as well as for battery manufacturing, metal pickling, and power plant applications. Trident Limited also exports its products. The company was formerly known as Abhishek Industries Limited and changed its name to Trident Limited in April 2011. The company was founded in 1990 and is headquartered in Ludhiana, India. Trident Limited is a subsidiary of Trident Group Limited.
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