NSEI:WEIZMANIND

Stock Analysis Report

Executive Summary

Weizmann Limited engages in the textile processing business in India.

Rewards

Trading at 53.1% below its fair value

Risk Analysis

Earnings have declined by -27.16% per year over past 5 years

Does not have a meaningful market cap (₹453M)

Dividend of 2% is not well covered by earnings

Highly volatile share price over past 3 months



Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Weizmann's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WEIZMANIND's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.6%

WEIZMANIND

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

-36.5%

WEIZMANIND

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: WEIZMANIND underperformed the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: WEIZMANIND underperformed the Indian Market which returned 10.7% over the past year.


Shareholder returns

WEIZMANINDIndustryMarket
7 Day4.6%-0.5%-1.5%
30 Day-18.8%3.0%-2.7%
90 Day19.0%9.2%1.3%
1 Year-35.5%-36.5%19.0%18.2%12.7%10.7%
3 Year-9.8%-13.8%52.2%48.8%22.0%15.1%
5 Year85.6%66.7%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

How volatile is Weizmann's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Weizmann undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WEIZMANIND (₹25) is trading below our estimate of fair value (₹53.3)

Significantly Below Fair Value: WEIZMANIND is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WEIZMANIND is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: WEIZMANIND 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 WEIZMANIND's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WEIZMANIND is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Weizmann forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

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 Weizmann 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.


Next Steps

Past Performance

How has Weizmann performed over the past 5 years?

-27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WEIZMANIND is currently unprofitable.

Growing Profit Margin: WEIZMANIND is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WEIZMANIND is unprofitable, and losses have increased over the past 5 years at a rate of -27.2% per year.

Accelerating Growth: Unable to compare WEIZMANIND's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WEIZMANIND is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).


Return on Equity

High ROE: WEIZMANIND has a negative Return on Equity (-3.19%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Weizmann's financial position?


Financial Position Analysis

Short Term Liabilities: WEIZMANIND's short term assets (₹238.9M) exceed its short term liabilities (₹195.8M).

Long Term Liabilities: WEIZMANIND's short term assets (₹238.9M) exceed its long term liabilities (₹30.0M).


Debt to Equity History and Analysis

Debt Level: WEIZMANIND's debt to equity ratio (1.3%) is considered satisfactory.

Reducing Debt: WEIZMANIND's debt to equity ratio has reduced from 5.7% to 1.3% over the past 5 years.


Balance Sheet

Inventory Level: WEIZMANIND has a high level of physical assets or inventory.

Debt Coverage by Assets: WEIZMANIND's debt is covered by short term assets (assets are 20.7x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: WEIZMANIND has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: WEIZMANIND has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Weizmann's current dividend yield, its reliability and sustainability?

2.00%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: WEIZMANIND's dividend (2%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: WEIZMANIND's dividend (2%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).


Stability and Growth of Payments

Stable Dividend: WEIZMANIND's dividends per share have been stable in the past 10 years.

Growing Dividend: WEIZMANIND's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: WEIZMANIND is paying a dividend but the company is unprofitable.


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Neelkamal Siraj (66yo)

3.8yrs

Tenure

₹5,000,000

Compensation

Mr. Neelkamal Vrajlal Siraj, B.Com, has been the Managing Director and Vice Chairman of Weizmann Limited since April 11, 2016 and its Non Executive Non Independent of Weizmann Limited., since June 14, 1995 ...


CEO Compensation Analysis

Compensation vs Market: Neelkamal's total compensation ($USD69.87K) is above average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Neelkamal's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Neelkamal Siraj
Vice Chairman & MD3.8yrs₹5.00mno data
Ami Purohit
Company Secretary & Compliance Officer1.3yrs₹436.25kno data
Chetan Mehra
Non-Executive Non-Independent Director3.8yrs₹20.00k0.012% 52.4k
Jivanraj Ranka
President3.8yrsno datano data
Prakash Mewara
Chief Financial Officer0.5yrsno datano data

2.5yrs

Average Tenure

53yo

Average Age

Experienced Management: WEIZMANIND's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Neelkamal Siraj
Vice Chairman & MD3.8yrs₹5.00mno data
Chetan Mehra
Non-Executive Non-Independent Director3.8yrs₹20.00k0.012% 52.4k
Dharmendra Siraj
Chairman5yrs₹47.00k15.26% 69.1m
Hitesh Siraj
Non-Executive Non-Independent Director18.8yrs₹20.00kno data
Balady Shetty
Non-Executive Independent Director5.2yrs₹46.00k0.0012% 5.2k
Smita Davda
Non-Executive Independent Director4.4yrs₹24.00kno data

4.7yrs

Average Tenure

57yo

Average Age

Experienced Board: WEIZMANIND's board of directors are considered experienced (4.7 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

Weizmann Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Weizmann Limited
  • Ticker: WEIZMANIND
  • Exchange: NSEI
  • Founded: 1985
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹452.514m
  • Shares outstanding: 17.27m
  • Website: https://www.weizmann.co.in

Location

  • Weizmann Limited
  • Empire House
  • 214, Dr. D.N. Road
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523011BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1995
WEIZMANINDNSEI (National Stock Exchange of India)YesEquity SharesININRMay 1995

Biography

Weizmann Limited engages in the textile processing business in India. The company offers cotton voiles, pracales, and African prints. Weizmann Limited also exports its products primarily to Africa. The company was formerly known as Weizmann Industries Ltd and changed its name to Weizmann Limited in 1994. Weizmann Limited was incorporated in 1985 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 13:01
End of Day Share Price2020/02/19 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.