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EVER

Eveready Industries India NSEI:EVEREADY Stock Report

Last Price

₹294.35

Market Cap

₹21.4b

7D

-3.1%

1Y

-4.5%

Updated

24 Jun, 2022

Data

Company Financials
EVEREADY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

EVEREADY Stock Overview

Eveready Industries India Limited, together with its subsidiaries, manufactures and markets dry cell and rechargeable batteries, flashlights, and general lighting and electrical products in India.

Eveready Industries India Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Eveready Industries India
Historical stock prices
Current Share Price₹294.35
52 Week High₹413.45
52 Week Low₹255.25
Beta1.37
1 Month Change-6.56%
3 Month Change-14.74%
1 Year Change-4.51%
3 Year Change268.40%
5 Year Change-13.45%
Change since IPO247.11%

Recent News & Updates

Mar 07
Calculating The Intrinsic Value Of Eveready Industries India Limited (NSE:EVEREADY)

Calculating The Intrinsic Value Of Eveready Industries India Limited (NSE:EVEREADY)

Today we will run through one way of estimating the intrinsic value of Eveready Industries India Limited ( NSE:EVEREADY...

Shareholder Returns

EVEREADYIN Household ProductsIN Market
7D-3.1%-1.9%2.3%
1Y-4.5%17.5%-0.9%

Return vs Industry: EVEREADY underperformed the Indian Household Products industry which returned 17.4% over the past year.

Return vs Market: EVEREADY underperformed the Indian Market which returned -1.7% over the past year.

Price Volatility

Is EVEREADY's price volatile compared to industry and market?
EVEREADY volatility
EVEREADY Average Weekly Movement4.4%
Household Products Industry Average Movement5.1%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: EVEREADY is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EVEREADY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19052,074Suvamoy Sahahttps://www.evereadyindia.com

Eveready Industries India Limited, together with its subsidiaries, manufactures and markets dry cell and rechargeable batteries, flashlights, and general lighting and electrical products in India. It offers various batteries comprising zinc carbon, alkaline, and rechargeable batteries, as well as power banks under the Eveready, Eveready Ultima, PowerCell, and Uniross brands. The company also provides rechargeable torches in plastic, brass, and aluminum; light-emitting diode (LED) flashlights in various shapes, sizes, wattages, and colors; and digiLED portable lanterns under the Eveready and PowerCell brand names.

Eveready Industries India Fundamentals Summary

How do Eveready Industries India's earnings and revenue compare to its market cap?
EVEREADY fundamental statistics
Market Cap₹21.38b
Earnings (TTM)₹464.70m
Revenue (TTM)₹12.07b

46.0x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVEREADY income statement (TTM)
Revenue₹12.07b
Cost of Revenue₹7.28b
Gross Profit₹4.79b
Other Expenses₹4.32b
Earnings₹464.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.39
Gross Margin39.67%
Net Profit Margin3.85%
Debt/Equity Ratio127.8%

How did EVEREADY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is EVEREADY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EVEREADY?

Other financial metrics that can be useful for relative valuation.

EVEREADY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA22.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does EVEREADY's PE Ratio compare to its peers?

EVEREADY PE Ratio vs Peers
The above table shows the PE ratio for EVEREADY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average296.9x

Price-To-Earnings vs Peers: EVEREADY is good value based on its Price-To-Earnings Ratio (46x) compared to the peer average (296.9x).


Price to Earnings Ratio vs Industry

How does EVEREADY's PE Ratio compare vs other companies in the Household Products Industry?

Price-To-Earnings vs Industry: EVEREADY is expensive based on its Price-To-Earnings Ratio (46x) compared to the Asian Household Products industry average (16.8x)


Price to Earnings Ratio vs Fair Ratio

What is EVEREADY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EVEREADY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio46x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EVEREADY's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of EVEREADY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EVEREADY (₹294.35) is trading above our estimate of fair value (₹178.39)

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


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.5%

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.


Discover growth companies

  • Take a look at our analysis of EVEREADY’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Eveready Industries India competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

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

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-41.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EVEREADY has high quality earnings.

Growing Profit Margin: EVEREADY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EVEREADY has become profitable over the past 5 years, growing earnings by -41.1% per year.

Accelerating Growth: EVEREADY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EVEREADY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Household Products industry (-13.1%).


Return on Equity

High ROE: EVEREADY's Return on Equity (16%) is considered low.


Discover strong past performing companies

Financial Health

How is Eveready Industries India's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EVEREADY's short term assets (₹4.1B) do not cover its short term liabilities (₹4.4B).

Long Term Liabilities: EVEREADY's short term assets (₹4.1B) exceed its long term liabilities (₹2.1B).


Debt to Equity History and Analysis

Debt Level: EVEREADY's net debt to equity ratio (112.3%) is considered high.

Reducing Debt: EVEREADY's debt to equity ratio has increased from 74.7% to 127.8% over the past 5 years.

Debt Coverage: EVEREADY's debt is well covered by operating cash flow (36.1%).

Interest Coverage: EVEREADY's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EVEREADY has not reported any payouts.


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Management

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

1.7yrs

Average management tenure


CEO

Suvamoy Saha (62 yo)

0.25

Tenure

₹13,491,935

Compensation

Mr. Suvamoy Saha serves as Managing Director at Eveready Industries India Limited since March 3, 2022 and serves as its Director since August 10 2021 and served as its Joint Managing Director until March 3...


CEO Compensation Analysis

Compensation vs Market: Suvamoy's total compensation ($USD172.61K) is about average for companies of similar size in the Indian market ($USD202.54K).

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


Leadership Team

Experienced Management: EVEREADY's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: EVEREADY's board of directors are not considered experienced ( 2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Eveready Industries India Limited's 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
  • Implied Market Cap: ₹21.377b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.