BSE:500338

Stock Analysis Report

Executive Summary

Prism Johnson Limited, an integrated building materials company, provides cement, ready-mixed concrete, ceramic tiles, and bathroom products in India and internationally.

Snowflake

Fundamentals

Solid track record with moderate growth potential.

Share Price & News

How has Prism Johnson's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

500338

5.1%

IN Basic Materials

3.8%

IN Market


1 Year Return

-8.2%

500338

6.9%

IN Basic Materials

6.0%

IN Market

Return vs Industry: 500338 underperformed the Indian Basic Materials industry which returned 6.9% over the past year.

Return vs Market: 500338 underperformed the Indian Market which returned 6% over the past year.


Shareholder returns

500338IndustryMarket
7 Day0.6%5.1%3.8%
30 Day-5.1%-1.1%2.9%
90 Day-15.4%-7.3%2.9%
1 Year-7.1%-8.2%7.5%6.9%8.2%6.0%
3 Year-26.7%-27.9%2.1%0.4%23.0%16.7%
5 Year4.1%2.4%57.1%52.1%43.6%30.0%

Price Volatility Vs. Market

How volatile is Prism Johnson's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Prism Johnson undervalued compared to its fair value and its price relative to the market?

37.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500338 (₹77.5) is trading above our estimate of fair value (₹35.57)

Significantly Below Fair Value: 500338 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500338 is poor value based on its PE Ratio (37.5x) compared to the Basic Materials industry average (17.5x).

PE vs Market: 500338 is poor value based on its PE Ratio (37.5x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: 500338 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 500338 is overvalued based on its PB Ratio (3.5x) compared to the IN Basic Materials industry average (1x).


Next Steps

Future Growth

How is Prism Johnson forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

35.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500338's forecast earnings growth (35.2% per year) is above the savings rate (7.6%).

Earnings vs Market: 500338's earnings (35.2% per year) are forecast to grow faster than the Indian market (18% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 500338's revenue (4.9% per year) is forecast to grow slower than the Indian market (11.3% per year).

High Growth Revenue: 500338's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 500338's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Prism Johnson performed over the past 5 years?

62.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 500338 has become profitable over the past 5 years, growing earnings by 62.7% per year.

Accelerating Growth: 500338's earnings growth over the past year (70.8%) exceeds its 5-year average (62.7% per year).

Earnings vs Industry: 500338 earnings growth over the past year (70.8%) exceeded the Basic Materials industry 17.2%.


Return on Equity

High ROE: 500338's Return on Equity (7%) is considered low.


Return on Assets

ROA vs Industry: 500338 has a higher Return on Assets than the Basic Materials industry average last year.


Return on Capital Employed

ROCE Improving: 500338 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Prism Johnson's financial position?


Financial Position Analysis

Short Term Liabilities: 500338's short term assets (₹19.2B) do not cover its short term liabilities (₹23.7B)

Long Term Liabilities: 500338's short term assets (19.2B) exceeds its long term liabilities (17.2B)


Debt to Equity History and Analysis

Debt Level: 500338's debt to equity ratio (135.9%) is considered high

Reducing Debt: 500338's debt to equity ratio has reduced from 192% to 135.9% over the past 5 years.

Debt Coverage: 500338's debt is well covered by operating cash flow (34.6%).

Interest Coverage: 500338's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet

Inventory Level: 500338 has a high level of physical assets or inventory.

Debt Coverage by Assets: 500338's debt is covered by short term assets (assets are 1.014780x debt).


Next Steps

Dividend

What is Prism Johnson's current dividend yield, its reliability and sustainability?

1.29%

Current Dividend Yield


Dividend Yield vs Market

company1.3%marketbottom25%0.6%markettop25%2.4%industryaverage0.5%forecastin3Years0.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 500338's dividend (1.29%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 500338's dividend (1.29%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).

Stable Dividend: 500338's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500338's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.2%), 500338'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 Prism Johnson's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Vijay Aggarwal (51yo)

6.2yrs

Tenure

0

Mr. Vijay Aggarwal serves as a Non-Executive Director at Raheja QBE General Insurance Company Limited. He has been the Managing Director of Prism Cement Limited since August 25, 2013. Mr. Aggarwal has been ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Vijay's total compensation is reasonable compared to companies of similar size in the Indian market.

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


Management Age and Tenure

3.2yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 500338's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

3.7yrs

Average Tenure

54yo

Average Age

Experienced Board: 500338's board of directors are considered experienced (3.7 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.


Ownership Breakdown


Management Team

  • Vijay Aggarwal (51yo)

    MD & Executive Non-Independent Director

    • Tenure: 6.2yrs
  • Aneeta Kulkarni (54yo)

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹6.40m
  • Atul Desai

    CEO of RMC Division & Executive Director

    • Tenure: 3.2yrs
  • Vivek Agnihotri (58yo)

    CEO of Cement & Executive Director

    • Tenure: 4.2yrs
  • Munzal Shah

    General Manager of Investor Relations

    • Tenure: 0yrs
  • Manish Bhatia

    Chief Financial Officer

    • Tenure: 2.2yrs
    • Compensation: ₹12.20m
  • Sarat Chandak (48yo)

    CEO of HRJ Division & Executive Director

    • Tenure: 0.6yrs

Board Members

  • Shobhan Thakore (72yo)

    Independent Chairman

    • Tenure: 3.2yrs
    • Compensation: ₹2.70m
  • Vijay Aggarwal (51yo)

    MD & Executive Non-Independent Director

    • Tenure: 6.2yrs
  • Rajan Raheja (66yo)

    Non-Independent Non-Executive Director

    • Tenure: 25.8yrs
    • Compensation: ₹500.00k
  • Ameeta Parpia (54yo)

    Non-Executive Independent Director

    • Tenure: 9.4yrs
    • Compensation: ₹2.30m
  • Atul Desai

    CEO of RMC Division & Executive Director

    • Tenure: 3.2yrs
  • Vivek Agnihotri (58yo)

    CEO of Cement & Executive Director

    • Tenure: 4.2yrs
  • Raveendra Chittoor (52yo)

    Non-Executive Independent Director

    • Tenure: 2.3yrs
    • Compensation: ₹1.40m
  • Sarat Chandak (48yo)

    CEO of HRJ Division & Executive Director

    • Tenure: 0.6yrs

Company Information

Prism Johnson Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prism Johnson Limited
  • Ticker: 500338
  • Exchange: BSE
  • Founded: 1992
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹39.010b
  • Shares outstanding: 503.36m
  • Website: https://prismjohnson.in

Location

  • Prism Johnson Limited
  • Rahejas, Main Avenue
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400054
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500338BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 1999
PRSMJOHNSNNSEI (National Stock Exchange of India)YesEquity SharesININRJan 1999

Biography

Prism Johnson Limited, an integrated building materials company, provides cement, ready-mixed concrete, ceramic tiles, and bathroom products in India and internationally. It operates through four segments: ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 12:39
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.