Eveready Industries India Limited, together with its subsidiaries, manufactures and markets batteries, flashlights, and general lighting and electrical products in India.
The last earnings update was 290 days ago.
Discounted Cash Flow Calculation for NSEI:EVEREADY using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Eveready Industries India
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:EVEREADY DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
Eveready Industries India
is above its future cash flow value.
Often investors are willing to pay a
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
Eveready Industries India's
is considered below, and whether this is a fair price.
Price based on past earnings
Eveready Industries India's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Household Products industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Eveready Industries India
expected to grow at an
Unable to compare Eveready Industries India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Eveready Industries India's earnings growth to the India market average as no estimate data is available.
Unable to compare Eveready Industries India's revenue growth to the India market average as no estimate data is available.
Unable to determine if Eveready Industries India is high growth as no earnings estimate data is available.
Unable to determine if Eveready Industries India 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.
Eveready Industries India'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.
Eveready Industries India
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Eveready Industries India's finances.
The net worth of a company is the difference between its assets and liabilities.
Eveready Industries India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Eveready Industries India's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Eveready Industries India'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
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 covered by short term assets, assets are 2.4x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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 Industries Ltd. He served as a Non-Executive Director at McNally Bharat Engineering Co. Ltd. since October 31, 2006 until December 17, 2018. He has been a Non-Executive Director for Kilburn Engineering since May 27, 2005. He has been a Non-Executive Director at McLeod Russel India Limited and Williamson Magor & Co. Limitd since March 31, 2015. Mr. Khaitan serves as a Director of Litez India Limited., Ichamati Investments Limited., Nitya Holdings & Properties (P) Limited., Queens Park Property Co. Limited., United Machine Co. Limited., Seajuli Developers & Finance Limited and Prana Lifestyle Private Limited. He served as a Director at Kilburn Office Automation Ltd until December 1, 2006. He served as an Executive Director of Eveready Industries Ltd. since August 10, 2011. Mr. Khaitan has an MBA from London Business School.
Amritanshu's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Amritanshu's remuneration is higher than average for companies of similar size in India.
MD & Executive Director
Whole Time Director
Joint Chief Financial Officer
Joint Chief Financial Officer
VP of Legal
Board of Directors Tenure
Average tenure and age of the
Eveready Industries India
board of directors in years:
The average tenure for the Eveready Industries India board of directors is less than 3 years, this suggests a new board.
How Eveready Industries India Limited (NSE:EVEREADY) Can Impact Your Portfolio Volatility
The other type, which cannot be diversified away, is the volatility of the entire market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Does Eveready Industries India Limited’s (NSE:EVEREADY) ROCE Reflect Well On The Business?
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … Analysts use this formula to calculate return on capital employed:
Is Eveready Industries India Limited's (NSE:EVEREADY) Balance Sheet Strong Enough To Weather A Storm?
Investors are always looking for growth in small-cap stocks like Eveready Industries India Limited (NSE:EVEREADY), with a market cap of ₹15b. … However, an important fact which most ignore is: how financially healthy is the business? … The following basic checks can help you get a picture of the company's balance sheet strength.
Eveready Industries India's Wonderful 335% Share Price Increase Shows How Capitalism Can Build Wealth
Then look at the Eveready Industries India Limited (NSE:EVEREADY) share price. … Over half a decade, Eveready Industries India managed to grow its earnings per share at 60% a year. … This free interactive report on Eveready Industries India's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
What Does Eveready Industries India Limited's (NSE:EVEREADY) Share Price Indicate?
Eveready Industries India Limited (NSE:EVEREADY), which is in the household products business, and is based in India,. … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at Eveready Industries India’s outlook and value based on the most recent financial data to see if the opportunity still exists
Should You Be Pleased About The CEO Pay At Eveready Industries India Limited's (NSE:EVEREADY)
In 2014 Amritanshu Khaitan was appointed CEO of Eveready Industries India Limited (NSE:EVEREADY). … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Amritanshu Khaitan's Compensation Compare With Similar Sized Companies?
Do Institutions Own Eveready Industries India Limited (NSE:EVEREADY) Shares?
A look at the shareholders of Eveready Industries India Limited (NSE:EVEREADY) can tell us which group is most powerful. … Generally speaking, as a company grows, institutions will increase their ownership. … Eveready Industries India is not a large company by global standards.
Eveready Industries India Limited (NSE:EVEREADY) Is Employing Capital Very Effectively
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. … What is Return On Capital Employed (ROCE)? … Analysts use this formula to calculate return on capital employed:
How Financially Strong Is Eveready Industries India Limited (NSE:EVEREADY)?
While small-cap stocks, such as Eveready Industries India Limited (NSE:EVEREADY) with its market cap of ₹14b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Here are few basic financial health checks you should consider before taking the plunge.
How Did Eveready Industries India Limited's (NSE:EVEREADY) 16% ROE Fare Against The Industry?
To keep the lesson grounded in practicality, we'll use ROE to better understand Eveready Industries India Limited (NSE:EVEREADY). … Over the last twelve months Eveready Industries India has recorded a ROE of 16%. … View our latest analysis for Eveready Industries India?
Eveready Industries India Limited, together with its subsidiaries, manufactures and markets batteries, flashlights, and general lighting and electrical products in India. It offers various batteries comprising zinc carbon, alkaline, and rechargeable batteries under the Eveready, Eveready Ultima, PowerCell, and Uniross brands. The company also provides light emitting diode (LED) and rechargeable torches and lanterns, as well as DigiLED, brass, aluminum, and UltraLED torches under the Eveready and PowerCell brand names. In addition, it offers incandescent and compact fluorescent lamps; LED bulbs, LED battens, indoor luminaries, and outdoor and industrial lighting; and study and portable lamps, fans, and spike guards under the Eveready and PowerCell brand names. Further, the company provides packet tea under the Tez, Jaago, and Premium Gold brands; mobile power bank, rechargeable fans, and radios under the Eveready brand; and fruit jellies under the Jollies brand. Additionally, it is involved in the distribution of electrical products and small home appliances under the Eveready brand. The company markets and sells its products through a network of approximately 42 distribution centers, 5000 distribution points, and 18 sales office branches. It also exports its products. Eveready Industries India Limited was founded in 1905 and is based in Kolkata, India.
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