NSEI:SKMEGGPROD

Stock Analysis Report

SKM Egg Products Export (India)

Executive Summary

SKM Egg Products Export (India) Limited manufactures and supplies egg products in India, Japan, Russia, Europe, and internationally.

Snowflake

Fundamentals

Excellent balance sheet with questionable track record.

Share Price & News

How has SKM Egg Products Export (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.1%

SKMEGGPROD

4.5%

IN Food

2.4%

IN Market


1 Year Return

-37.7%

SKMEGGPROD

22.4%

IN Food

8.0%

IN Market

Return vs Industry: SKMEGGPROD underperformed the Indian Food industry which returned 22.4% over the past year.

Return vs Market: SKMEGGPROD underperformed the Indian Market which returned 8% over the past year.


Shareholder returns

SKMEGGPRODIndustryMarket
7 Day4.1%4.5%2.4%
30 Day-6.3%7.7%2.5%
90 Day32.6%19.2%3.6%
1 Year-36.9%-37.7%24.0%22.4%10.3%8.0%
3 Year-37.9%-39.0%73.5%68.4%22.3%16.0%
5 Year-44.2%-46.2%145.7%134.1%42.8%29.3%

Price Volatility Vs. Market

How volatile is SKM Egg Products Export (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SKM Egg Products Export (India) undervalued compared to its fair value and its price relative to the market?

21.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SKMEGGPROD (₹39.7) is trading above our estimate of fair value (₹25.02)

Significantly Below Fair Value: SKMEGGPROD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SKMEGGPROD is poor value based on its PE Ratio (21.4x) compared to the Food industry average (14.5x).

PE vs Market: SKMEGGPROD is poor value based on its PE Ratio (21.4x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SKMEGGPROD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SKMEGGPROD is overvalued based on its PB Ratio (1.1x) compared to the IN Food industry average (1x).


Next Steps

Future Growth

How is SKM Egg Products Export (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKMEGGPROD's forecast earnings growth (17.6% per year) is above the savings rate (7.6%).

Earnings vs Market: SKMEGGPROD's earnings (17.6% per year) are forecast to grow slower than the Indian market (18.4% per year).

High Growth Earnings: SKMEGGPROD's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if SKMEGGPROD's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if SKMEGGPROD's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SKMEGGPROD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has SKM Egg Products Export (India) performed over the past 5 years?

-28.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SKMEGGPROD's earnings have declined by -28.3% per year over the past 5 years.

Accelerating Growth: SKMEGGPROD's earnings growth over the past year (289.4%) exceeds its 5-year average (-28.3% per year).

Earnings vs Industry: SKMEGGPROD earnings growth over the past year (289.4%) exceeded the Food industry 15.6%.


Return on Equity

High ROE: SKMEGGPROD's Return on Equity (5%) is considered low.


Return on Assets

ROA vs Industry: SKMEGGPROD's Return on Assets is below or equal to the Food industry average last year.


Return on Capital Employed

ROCE Improving: SKMEGGPROD's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is SKM Egg Products Export (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: SKMEGGPROD's short term assets (₹1.1B) exceeds its short term liabilities (₹748.6M)

Long Term Liabilities: SKMEGGPROD's short term assets (1.1B) exceeds its long term liabilities (106.9M)


Debt to Equity History and Analysis

Debt Level: SKMEGGPROD's debt to equity ratio (44.8%) is considered high

Reducing Debt: SKMEGGPROD's debt to equity ratio has reduced from 155.5% to 44.8% over the past 5 years.

Debt Coverage: SKMEGGPROD's debt is well covered by operating cash flow (36%).

Interest Coverage: SKMEGGPROD earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: SKMEGGPROD's debt is covered by short term assets (assets are 2.582460x debt).


Next Steps

Dividend

What is SKM Egg Products Export (India)'s current dividend yield, its reliability and sustainability?

1.26%

Current Dividend Yield


Dividend Yield vs Market

company1.3%marketbottom25%0.6%markettop25%2.4%industryaverage0.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SKMEGGPROD's dividend (1.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: SKMEGGPROD's dividend (1.26%) is low compared to the top 25% of dividend payers in the Indian market (2.41%).

Stable Dividend: SKMEGGPROD's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27%), SKMEGGPROD'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.


Next Steps

Management

What is the CEO of SKM Egg Products Export (India)'s salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

S. K. M. ShivKumar (50yo)

3.9yrs

Tenure

₹16,007,105

Compensation

Mr. S. K. M. Shree ShivKumar has been the Managing Director and Executive Director of SKM Egg Products Export (India) Ltd since June 25, 2006 and its Chief Executive Officer since November 18, 2015. Mr. Sh ...


CEO Compensation Analysis

Compensation vs. Market: S. K. M.'s total compensation ($USD226.04K) is above average for companies of similar size in the Indian market ($USD33.85K).

Compensation vs Earnings: S. K. M.'s compensation has increased by more than 20% in the past year.


Management Age and Tenure

3.9yrs

Average Tenure

Experienced Management: SKMEGGPROD's management team is considered experienced (3.9 years average tenure).


Board Age and Tenure

13.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: SKMEGGPROD's board of directors are seasoned and experienced ( 13.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buy₹216,31728 Jun 19
S. Venkatachalapathy
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares4,000
Max Price₹54.08
Buy₹59,79226 Jun 19
S. Venkatachalapathy
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,500
Max Price₹39.86
Buy₹39,27124 Jun 19
S. Venkatachalapathy
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,000
Max Price₹39.27
Buy₹77,01321 Jun 19
S. Venkatachalapathy
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares2,000
Max Price₹38.51
Buy₹37,27619 Jun 19
S. Venkatachalapathy
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,000
Max Price₹37.28
Buy₹603,53027 Oct 18
S. K. M. ShivKumar
EntityIndividual
Role
Chief Executive Officer
CEO, MD & Executive Director
Shares9,000
Max Price₹67.06

Ownership Breakdown


Management Team

  • S. Maeilanandhan (75yo)

    Founder & Executive Chairman

    • Tenure: 13.3yrs
    • Compensation: ₹3.05m
  • S. K. M. ShivKumar (50yo)

    CEO, MD & Executive Director

    • Tenure: 3.9yrs
    • Compensation: ₹16.01m
  • K. Venkatachalapathy

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹2.53m
  • P. Sekar

    Compliance Officer & Company Secretary

    • Tenure: 0yrs
    • Compensation: ₹583.79k
  • V. Anandhatheerthan

    Assistant General Manager of Finance and Accounts

    • Tenure: 3.9yrs
  • V. Krishnan

    General Manager of QA - Sales & Marketing

    • Tenure: 3.9yrs
  • A. Palanichamy

    General Manager of Human Resources & Administration and General Manager of Corporate Affairs

    • Tenure: 0yrs

Board Members

  • L. Ramakrishnan (77yo)

    Independent Director

    • Tenure: 22.7yrs
    • Compensation: ₹8.00k
  • S. Maeilanandhan (75yo)

    Founder & Executive Chairman

    • Tenure: 13.3yrs
    • Compensation: ₹3.05m
  • S. K. M. ShivKumar (50yo)

    CEO, MD & Executive Director

    • Tenure: 3.9yrs
    • Compensation: ₹16.01m
  • P. Kumarasamy (84yo)

    Independent Director

    • Tenure: 22.7yrs
    • Compensation: ₹8.00k
  • S. Venkatachalapathy (80yo)

    Non-Executive Director

    • Tenure: 22.7yrs
    • Compensation: ₹8.00k
  • Bangaru Ramakrishnan (55yo)

    Nominee Director

    • Tenure: 14.3yrs
    • Compensation: ₹7.00k
  • Shivkumar Kumutaavalli (46yo)

    Non-Executive Director

    • Tenure: 9yrs
    • Compensation: ₹8.00k
  • Devarajan Chinnusamy (58yo)

    Independent Director

    • Tenure: 7.2yrs
    • Compensation: ₹3.00k
  • Doraisamy Venkateswaran (57yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: ₹5.00k
  • G.N. Jayaram (55yo)

    Additional Independent Director

    • Tenure: 0.3yrs

Company Information

SKM Egg Products Export (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SKM Egg Products Export (India) Limited
  • Ticker: SKMEGGPROD
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹1.043b
  • Shares outstanding: 26.33m
  • Website: https://www.skmegg.com

Number of Employees


Location

  • SKM Egg Products Export (India) Limited
  • 185, Chennimalai Road
  • Erode
  • Tamil Nadu
  • 638001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SKMEGGPRODNSEI (National Stock Exchange of India)YesEquity SharesININRApr 1997
532143BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 1997

Biography

SKM Egg Products Export (India) Limited manufactures and supplies egg products in India, Japan, Russia, Europe, and internationally. The company offers various egg powders, including whole egg powder for u ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:42
End of Day Share Price2019/10/23 00:00
Earnings2019/03/31
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.