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Best Eastern Hotels

BSE:508664
Snowflake Description

Acceptable track record with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
508664
BSE
₹246M
Market Cap
  1. Home
  2. IN
  3. Consumer Services
Company description

Best Eastern Hotels Limited owns and operates hotel and resort in India. The last earnings update was 10 days ago. More info.


Add to Portfolio Compare Print
  • Best Eastern Hotels has significant price volatility in the past 3 months.
508664 Share Price and Events
7 Day Returns
-7.3%
BSE:508664
-1%
IN Hospitality
-1.2%
IN Market
1 Year Returns
-
BSE:508664
-16.7%
IN Hospitality
-4.2%
IN Market
508664 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Best Eastern Hotels (508664) -7.3% -21.7% - - -74.3% -64%
IN Hospitality -1% -3.9% -15% -16.7% 13% 33.4%
IN Market -1.2% -2.8% -3.9% -4.2% 19.1% 33.1%
1 Year Return vs Industry and Market
  • No trading data on 508664.
  • No trading data on 508664.
Price Volatility
508664
Industry
5yr Volatility vs Market
Related Companies

508664 Value

 Is Best Eastern Hotels undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Best Eastern Hotels to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Best Eastern Hotels.

BSE:508664 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.1%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:508664
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.921 (1 + (1- 35%) (10.7%))
0.99
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.99 * 8.6%)
16.07%

Discounted Cash Flow Calculation for BSE:508664 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Best Eastern Hotels 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.

BSE:508664 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.07%)
2020 10.47 Est @ 11.6% 9.02
2021 11.56 Est @ 10.38% 8.58
2022 12.66 Est @ 9.53% 8.10
2023 13.79 Est @ 8.94% 7.60
2024 14.97 Est @ 8.52% 7.11
2025 16.20 Est @ 8.23% 6.63
2026 17.50 Est @ 8.03% 6.17
2027 18.88 Est @ 7.88% 5.73
2028 20.35 Est @ 7.78% 5.32
2029 21.92 Est @ 7.71% 4.94
Present value of next 10 years cash flows ₹69.20
BSE:508664 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹21.92 × (1 + 7.55%) ÷ (16.07% – 7.55%)
₹276.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹276.81 ÷ (1 + 16.07%)10
₹62.39
BSE:508664 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹69.20 + ₹62.39
₹131.59
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹131.59 / 16.85
₹7.81
BSE:508664 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹7.81
Current discount Discount to share price of ₹14.60
= -1 x (₹14.60 - ₹7.81) / ₹7.81
-87%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Best Eastern Hotels is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Best Eastern Hotels's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Best Eastern Hotels's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:508664 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹0.17
BSE:508664 Share Price ** BSE (2019-07-19) in INR ₹14.6
India Hospitality Industry PE Ratio Median Figure of 46 Publicly-Listed Hospitality Companies 21.47x
India Market PE Ratio Median Figure of 2,833 Publicly-Listed Companies 14.48x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Best Eastern Hotels.

BSE:508664 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:508664 Share Price ÷ EPS (both in INR)

= 14.6 ÷ 0.17

87.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Best Eastern Hotels is overvalued based on earnings compared to the IN Hospitality industry average.
  • Best Eastern Hotels is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Best Eastern Hotels's expected growth come at a high price?
Raw Data
BSE:508664 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 87.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
4.9%per year
India Hospitality Industry PEG Ratio Median Figure of 11 Publicly-Listed Hospitality Companies 1.75x
India Market PEG Ratio Median Figure of 537 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Best Eastern Hotels, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Best Eastern Hotels's assets?
Raw Data
BSE:508664 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹2.11
BSE:508664 Share Price * BSE (2019-07-19) in INR ₹14.6
India Hospitality Industry PB Ratio Median Figure of 66 Publicly-Listed Hospitality Companies 1.25x
India Market PB Ratio Median Figure of 3,670 Publicly-Listed Companies 0.93x
BSE:508664 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:508664 Share Price ÷ Book Value per Share (both in INR)

= 14.6 ÷ 2.11

6.92x

* Primary Listing of Best Eastern Hotels.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Best Eastern Hotels is overvalued based on assets compared to the IN Hospitality industry average.
X
Value checks
We assess Best Eastern Hotels's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Best Eastern Hotels has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

508664 Future Performance

 How is Best Eastern Hotels expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Best Eastern Hotels, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Best Eastern Hotels expected to grow at an attractive rate?
  • Best Eastern Hotels's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Best Eastern Hotels's earnings growth is positive but not above the India market average.
  • Unable to compare Best Eastern Hotels's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:508664 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:508664 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 4.9%
India Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 21%
India Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 9.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:508664 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:508664 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 52 11 3
2018-12-31 53 4
2018-09-30 51 5
2018-06-30 48 3
2018-03-31 48 10 3
2017-12-31 48 1
2017-09-30 46 -1
2017-06-30 48 1
2017-03-31 48 1 1
2016-12-31 48 1
2016-09-30 50 2
2016-06-30 49 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Best Eastern Hotels's earnings are expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Best Eastern Hotels is high growth as no revenue estimate data is available.
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.
Raw Data
BSE:508664 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Best Eastern Hotels Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:508664 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 0.17
2018-12-31 0.26
2018-09-30 0.30
2018-06-30 0.21
2018-03-31 0.15
2017-12-31 0.07
2017-09-30 -0.03
2017-06-30 0.08
2017-03-31 0.09
2016-12-31 0.08
2016-09-30 0.13
2016-06-30 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Best Eastern Hotels will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Best Eastern Hotels's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Best Eastern Hotels has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

508664 Past Performance

  How has Best Eastern Hotels performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Best Eastern Hotels's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Best Eastern Hotels's year on year earnings growth rate has been positive over the past 5 years.
  • Best Eastern Hotels's 1-year earnings growth exceeds its 5-year average (10.4% vs 1.9%)
  • Best Eastern Hotels's earnings growth has not exceeded the IN Hospitality industry average in the past year (10.4% vs 30.1%).
Earnings and Revenue History
Best Eastern Hotels's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Best Eastern Hotels Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:508664 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 51.81 2.80 2.36
2018-12-31 53.04 4.33 2.11
2018-09-30 50.99 4.71 2.11
2018-06-30 48.44 3.48 2.11
2018-03-31 47.85 2.53 2.11
2017-12-31 47.78 1.17 3.04
2017-09-30 45.82 -0.57 3.04
2017-06-30 47.70 1.35 3.04
2017-03-31 47.70 1.48 3.04
2016-12-31 48.41 1.43 2.55
2016-09-30 49.88 2.17 2.55
2016-06-30 49.26 1.48
2016-03-31 50.92 2.56 2.55
2015-12-31 49.40 1.78 6.73
2015-09-30 48.78 1.34 6.73
2015-06-30 48.14 3.34
2015-03-31 48.47 2.08 2.67
2014-12-31 51.92 3.60 6.01
2014-09-30 51.36 3.13 6.01
2014-06-30 51.26 3.13 6.01
2014-03-31 46.35 2.24 6.01
2013-12-31 44.02 1.74 5.93
2013-09-30 41.81 1.21 5.93
2013-06-30 42.88 2.29 5.93
2013-03-31 45.67 3.66 5.93
2012-12-31 46.13 3.03 5.60
2012-09-30 47.03 4.10 5.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Best Eastern Hotels has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Best Eastern Hotels used its assets less efficiently than the IN Hospitality industry average last year based on Return on Assets.
  • Best Eastern Hotels has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Best Eastern Hotels's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Best Eastern Hotels has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

508664 Health

 How is Best Eastern Hotels's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Best Eastern Hotels's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Best Eastern Hotels's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Best Eastern Hotels's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Best Eastern Hotels's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Best Eastern Hotels Company Filings, last reported 3 months ago.

BSE:508664 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 35.54 26.32 1.41
2018-12-31 35.84 27.71 2.44
2018-09-30 35.84 27.71 2.44
2018-06-30 36.22 33.50 2.68
2018-03-31 36.22 33.50 2.68
2017-12-31 44.11 23.69 1.93
2017-09-30 44.11 23.69 1.93
2017-06-30 45.68 25.50 1.85
2017-03-31 33.68 37.50 1.85
2016-12-31 44.69 28.39 2.81
2016-09-30 44.69 28.39 2.81
2016-06-30 44.20 31.13 1.61
2016-03-31 44.20 31.13 1.61
2015-12-31 42.51 28.95 5.05
2015-09-30 42.51 28.95 5.05
2015-06-30 41.64 29.33 2.18
2015-03-31 41.63 29.33 2.18
2014-12-31 44.43 20.60 1.53
2014-09-30 44.43 20.60 1.53
2014-06-30 42.81 19.05 1.02
2014-03-31 42.81 19.05 1.02
2013-12-31 43.16 18.42 1.86
2013-09-30 43.16 18.42 1.86
2013-06-30 42.53 19.28 1.47
2013-03-31 42.53 19.28 1.47
2012-12-31 44.98 10.49 1.41
2012-09-30 44.98 10.49 1.41
  • Best Eastern Hotels's level of debt (74.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (44.5% vs 74.1% today).
  • Debt is well covered by operating cash flow (42.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.4x coverage).
X
Financial health checks
We assess Best Eastern Hotels's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Best Eastern Hotels has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

508664 Dividends

 What is Best Eastern Hotels's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Best Eastern Hotels dividends.
If you bought ₹2,000 of Best Eastern Hotels shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Best Eastern Hotels's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Best Eastern Hotels's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:508664 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.5%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:508664 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-05-30 0.000 0.000
2017-02-14 0.000 0.000
2016-11-16 0.000 0.000
2016-08-16 0.000 0.000
2015-09-28 0.100 0.222
2014-07-30 0.100 0.335
2014-05-30 0.100 0.317
2013-07-24 0.150 0.716
2013-05-29 0.150 1.194
2013-03-12 0.150 0.955
2012-08-30 0.150 1.021
2012-05-15 0.150 0.824
2012-02-09 0.150 0.616
2011-09-15 0.150 0.984
2011-05-16 0.150 1.062
2010-08-05 0.150 1.124
2010-05-03 0.150 1.373
2010-03-11 0.150 1.542
2009-06-01 0.150 1.662
2009-05-04 0.150 1.558

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Best Eastern Hotels has not reported any payouts.
  • Unable to verify if Best Eastern Hotels's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Best Eastern Hotels's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Best Eastern Hotels has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Best Eastern Hotels's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Best Eastern Hotels afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Best Eastern Hotels has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

508664 Management

 What is the CEO of Best Eastern Hotels's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Vinaychand Kothari
COMPENSATION ₹2,340,000
AGE 71
CEO Bio

Mr. Vinaychand Yadavsingh Kothari serves as the Chairman and Managing Director at Best Eastern Hotels Ltd. and has been its Director since October 31, 1998.

CEO Compensation
  • Vinaychand's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Vinaychand's remuneration is higher than average for companies of similar size in India.
Management Team

Vinaychand Kothari

TITLE
Chairman & MD
COMPENSATION
₹2M
AGE
71

Dilip Kothari

TITLE
CFO, Joint MD & Director
COMPENSATION
₹2M
AGE
52

Parasmal Kothari

TITLE
Executive of Operations
AGE
64

Kalpesh Bhandari

TITLE
Accountant
AGE
44

Monica Daga

TITLE
Executive of Marketing
AGE
45

Rahul Munot

TITLE
Manager of Residence
AGE
43

Baldev Ahuja

TITLE
Manager of Guest Relation
AGE
65

M. Pandey

TITLE
Manager of Maintenance
AGE
59

Kishore More

TITLE
Executive of F.O.
AGE
44

Greta Fernandes

TITLE
Executive of Reservation
AGE
50
Board of Directors Tenure

Average tenure and age of the Best Eastern Hotels board of directors in years:

17.3
Average Tenure
67
Average Age
  • The average tenure for the Best Eastern Hotels board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Vinaychand Kothari

TITLE
Chairman & MD
COMPENSATION
₹2M
AGE
71

Dilip Kothari

TITLE
CFO, Joint MD & Director
COMPENSATION
₹2M
AGE
52
TENURE
20.3 yrs

Neelam Kothari

TITLE
Non-Executive Woman Director
AGE
48
TENURE
4.3 yrs

Manohar Tambat

TITLE
Independent Director
AGE
77
TENURE
15.9 yrs

Ramnik Baxi

TITLE
Non-Executive Independent Director
AGE
67
TENURE
19.3 yrs

Mangal Chheda

TITLE
Non-Executive Independent Director
AGE
76
TENURE
18.8 yrs

Mehernoz Dangore

TITLE
Non-Executive Independent Director
AGE
66
TENURE
9.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Best Eastern Hotels's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Best Eastern Hotels has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

508664 News

Simply Wall St News

508664 Company Info

Description

Best Eastern Hotels Limited owns and operates hotel and resort in India. The company operates the Usha Ascot, a resort located at Matheran. Its facilities include restaurant, bar, health club, discotheque, indoor-outdoor recreation, conference facilities, banquet halls, and other features. The company was incorporated in 1943 and is based in Mumbai, India.

Details
Name: Best Eastern Hotels Limited
508664
Exchange: BSE
Founded: 1943
₹246,010,000
16,850,000
Website: http://www.ushaascot.com
Address: Best Eastern Hotels Limited
401, Chartered House,
293/299, Dr. C. H. Street,
Mumbai,
Maharashtra, 400002,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 508664 Equity Shares Mumbai Stock Exchange IN INR 09. May 2007
Number of employees
Current staff
Staff numbers
0
Best Eastern Hotels employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:57
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/07/12
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.