NSEI:EVEREADY

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Eveready Industries India

Market Cap

₹22.3b

Last Updated

2021/06/24 17:40 UTC

Data Sources

Company Financials

Executive Summary

Eveready Industries India Limited, together with its subsidiaries, manufactures and markets batteries, flashlights, and general lighting and electrical products in India and internationally. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has Eveready Industries India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVEREADY is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: EVEREADY's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-2.2%

EVEREADY

2.8%

IN Household Products

-0.5%

IN Market


1 Year Return

286.0%

EVEREADY

16.8%

IN Household Products

59.4%

IN Market

Return vs Industry: EVEREADY exceeded the Indian Household Products industry which returned 16.8% over the past year.

Return vs Market: EVEREADY exceeded the Indian Market which returned 59.4% over the past year.


Shareholder returns

EVEREADYIndustryMarket
7 Day-2.2%2.8%-0.5%
30 Day-2.5%6.1%4.4%
90 Day17.1%10.9%14.5%
1 Year286.0%286.0%18.9%16.8%61.8%59.4%
3 Year34.3%33.4%58.6%52.0%44.1%37.0%
5 Year16.8%15.6%195.7%174.7%93.2%78.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Eveready Industries India undervalued compared to its fair value and its price relative to the market?

46.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EVEREADY (₹306.85) is trading below our estimate of fair value (₹574.01)

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


Price To Earnings Ratio

PE vs Industry: EVEREADY is unprofitable, so we can't compare its PE Ratio to the Asian Household Products industry average.

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


Price to Book Ratio

PB vs Industry: EVEREADY is overvalued based on its PB Ratio (9.1x) compared to the IN Household Products industry average (3.1x).


Future Growth

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

12.6%

Forecasted Household 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 Eveready Industries India 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.


Past Performance

How has Eveready Industries India performed over the past 5 years?

-2.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVEREADY is currently unprofitable.

Growing Profit Margin: EVEREADY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVEREADY is unprofitable, and losses have increased over the past 5 years at a rate of 2.2% per year.

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

Earnings vs Industry: EVEREADY is unprofitable, making it difficult to compare its past year earnings growth to the Household Products industry (28.6%).


Return on Equity

High ROE: EVEREADY has a negative Return on Equity (-127.19%), as it is currently unprofitable.


Financial Health

How is Eveready Industries India's financial position?


Financial Position Analysis

Short Term Liabilities: EVEREADY's short term assets (₹4.8B) do not cover its short term liabilities (₹5.2B).

Long Term Liabilities: EVEREADY's short term assets (₹4.8B) exceed its long term liabilities (₹2.5B).


Debt to Equity History and Analysis

Debt Level: EVEREADY's debt to equity ratio (199.4%) is considered high.

Reducing Debt: EVEREADY's debt to equity ratio has increased from 97.1% to 199.4% over the past 5 years.

Debt Coverage: EVEREADY's debt is well covered by operating cash flow (35.4%).

Interest Coverage: EVEREADY is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Eveready Industries India current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EVEREADY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EVEREADY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EVEREADY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVEREADY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: EVEREADY is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EVEREADY'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?

2.1yrs

Average management tenure


CEO

Amritanshu Khaitan (38 yo)

7.08yrs

Tenure

₹41,021,627

Compensation

Mr. Amritanshu K. Khaitan, B. Com (Hons.), MBA (London), has been the Managing Director of Eveready Industries India Limited since May 5, 2014. Mr. Khaitan serves as an Executive Director of Eveready Indus...


CEO Compensation Analysis

Compensation vs Market: Amritanshu's total compensation ($USD553.24K) is above average for companies of similar size in the Indian market ($USD322.21K).

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


Leadership Team

Experienced Management: EVEREADY's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: EVEREADY's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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

Eveready Industries India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eveready Industries India Limited
  • Ticker: EVEREADY
  • Exchange: NSEI
  • Founded: 1905
  • Industry: Household Products
  • Sector: Household
  • Market Cap: ₹22.268b
  • Shares outstanding: 72.69m
  • Website: https://www.evereadyindia.com

Number of Employees


Location

  • Eveready Industries India Limited
  • 2, Rainey Park
  • Kolkata
  • West Bengal
  • 700019
  • India

Listings


Biography

Eveready Industries India Limited, together with its subsidiaries, manufactures and markets batteries, flashlights, and general lighting and electrical products in India and internationally. It offers vari...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 17:40
End of Day Share Price2021/06/24 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.