Sandesh
Market Cap
₹3.7b
Last Updated
2020/08/13 13:42 UTC
Data Sources
Company Financials
Executive Summary
The Sandesh Limited engages in editing, printing, and publishing newspapers and periodicals in India.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Sandesh's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 526725 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.8%
526725
3.4%
IN Media
1.3%
IN Market
1 Year Return
-20.4%
526725
-18.4%
IN Media
4.2%
IN Market
Return vs Industry: 526725 underperformed the Indian Media industry which returned -18.4% over the past year.
Return vs Market: 526725 underperformed the Indian Market which returned 4.2% over the past year.
Shareholder returns
| 526725 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.8% | 3.4% | 1.3% |
| 30 Day | 2.6% | 1.2% | 6.7% |
| 90 Day | 11.8% | 23.4% | 23.2% |
| 1 Year | -19.7%-20.4% | -16.7%-18.4% | 6.1%4.2% |
| 3 Year | -42.6%-43.8% | -54.7%-56.4% | 3.5%-1.4% |
| 5 Year | -32.0%-34.6% | -46.6%-48.8% | 32.9%23.0% |
Price Volatility Vs. Market
How volatile is Sandesh's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Sandesh undervalued compared to its fair value and its price relative to the market?
6.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 526725 (₹486.4) is trading above our estimate of fair value (₹48.92)
Significantly Below Fair Value: 526725 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 526725 is good value based on its PE Ratio (6x) compared to the IN Media industry average (12.9x).
PE vs Market: 526725 is good value based on its PE Ratio (6x) compared to the Indian market (14.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 526725's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 526725 is good value based on its PB Ratio (0.5x) compared to the IN Media industry average (1.4x).
Next Steps
Future Growth
How is Sandesh forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
28.7%
Forecasted Media 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 Sandesh 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.
Next Steps
- Examine whether Sandesh is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Sandesh competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
Past Performance
How has Sandesh performed over the past 5 years?
-1.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 526725 has a high level of non-cash earnings.
Growing Profit Margin: 526725's current net profit margins (17.2%) are higher than last year (14.8%).
Past Earnings Growth Analysis
Earnings Trend: 526725's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: 526725's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 526725 had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Media industry average (-10.8%).
Return on Equity
High ROE: 526725's Return on Equity (7.8%) is considered low.
Next Steps
Financial Health
How is Sandesh's financial position?
Financial Position Analysis
Short Term Liabilities: 526725's short term assets (₹4.6B) exceed its short term liabilities (₹495.2M).
Long Term Liabilities: 526725's short term assets (₹4.6B) exceed its long term liabilities (₹53.8M).
Debt to Equity History and Analysis
Debt Level: 526725's debt to equity ratio (0.01%) is considered satisfactory.
Reducing Debt: 526725's debt to equity ratio has reduced from 2.2% to 0.01% over the past 5 years.
Debt Coverage: 526725's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 526725's interest payments on its debt are well covered by EBIT (178.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Sandesh current dividend yield, its reliability and sustainability?
1.03%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 526725's dividend (1.03%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 526725's dividend (1.03%) is low compared to the top 25% of dividend payers in the Indian market (2.52%).
Stability and Growth of Payments
Stable Dividend: 526725's dividends per share have been stable in the past 10 years.
Growing Dividend: 526725's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.2%), 526725's dividend payments are thoroughly 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
How experienced are the management team and are they aligned to shareholders interests?
14.7yrs
Average board tenure
CEO
Falgunbhai Patel (64 yo)
42.58yrs
Tenure
₹44,250,000
Compensation
Mr. Falgunbhai Chimanbhai Patel, B.Com, M.B.A. (USA), serves as Chairman of The Sandesh Limited and has been its Managing Director since 1978. Mr. Chimanbhai has been an Executive Director of The Sandesh L ...
CEO Compensation Analysis
Compensation vs Market: Falgunbhai's total compensation ($USD592.02K) is above average for companies of similar size in the Indian market ($USD49.37K).
Compensation vs Earnings: Falgunbhai's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 42.58yrs | ₹44.25m | 6.95% ₹ 257.8m | |
| MD & Executive Director | 18.42yrs | ₹44.25m | 13.15% ₹ 487.7m | |
| Whole Time Director | 5yrs | ₹860.00k | 0.0058% ₹ 214.7k | |
| Non-Executive Independent Director | 15.42yrs | no data | 0.0033% ₹ 122.4k | |
| Non-Executive Director | 9.83yrs | no data | 3.24% ₹ 120.3m | |
| Non-Executive Independent Director | 19.58yrs | ₹10.00k | 0.0033% ₹ 122.4k | |
| Non-Executive Independent Director | 14.67yrs | no data | no data | |
| Non-Executive Independent Director | 7.75yrs | ₹10.00k | no data |
14.7yrs
Average Tenure
67yo
Average Age
Experienced Board: 526725's board of directors are seasoned and experienced ( 14.7 years average tenure).
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
The Sandesh Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Sandesh Limited
- Ticker: 526725
- Exchange: BSE
- Founded: 1923
- Industry: Publishing
- Sector: Media
- Market Cap: ₹3.709b
- Shares outstanding: 7.57m
- Website: https://sandesh.com
Number of Employees
Location
- The Sandesh Limited
- Sandesh Bhavan
- Lad Society Road
- Ahmedabad
- Gujarat
- 380054
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 526725 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Nov 2002 |
| SANDESH | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Nov 2002 |
Biography
The Sandesh Limited engages in editing, printing, and publishing newspapers and periodicals in India. It publishes SANDESH, a premier Gujarati daily newspaper; Stree, a magazine; Sandesh Pratyaksha Panchan ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/13 13:42 |
| End of Day Share Price | 2020/08/12 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.