BSE:531447

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Rockon Enterprises

Executive Summary

Rockon Enterprises Limited primarily engages in the commodity trading business in India.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Rockon Enterprises's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531447 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

531447

-0.5%

IN Retail Distributors

1.7%

IN Market


1 Year Return

n/a

531447

-25.2%

IN Retail Distributors

-24.0%

IN Market

Return vs Industry: Insufficient data to determine how 531447 performed against the Indian Retail Distributors industry.

Return vs Market: Insufficient data to determine how 531447 performed against the Indian Market.


Shareholder returns

531447IndustryMarket
7 Day0%-0.5%1.7%
30 Day0%-4.7%-0.7%
90 Dayn/a-23.5%-21.4%
1 Yearn/a-24.4%-25.2%-22.5%-24.0%
3 Year-41.2%-41.2%-30.7%-32.1%-12.2%-16.9%
5 Year-81.0%-81.0%-61.4%-62.0%6.6%-3.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Rockon Enterprises undervalued compared to its fair value and its price relative to the market?

6.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531447's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531447's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531447 is good value based on its PE Ratio (6.6x) compared to the Retail Distributors industry average (41.2x).

PE vs Market: 531447 is good value based on its PE Ratio (6.6x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531447's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531447 is good value based on its PB Ratio (0.1x) compared to the IN Retail Distributors industry average (0.6x).


Next Steps

Future Growth

How is Rockon Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.0%

Forecasted Retail 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 Rockon Enterprises 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

Past Performance

How has Rockon Enterprises performed over the past 5 years?

-12.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531447 has a large one-off loss of ₹5.1M impacting its December 31 2019 financial results.

Growing Profit Margin: 531447 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 531447 has become profitable over the past 5 years, growing earnings by -12.9% per year.

Accelerating Growth: 531447 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 531447 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-2.1%).


Return on Equity

High ROE: 531447's Return on Equity (1.7%) is considered low.


Next Steps

Financial Health

How is Rockon Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: 531447's short term assets (₹131.9M) exceed its short term liabilities (₹11.9M).

Long Term Liabilities: 531447 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 531447's debt to equity ratio (7.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 531447's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 531447's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 531447's interest payments on its debt are well covered by EBIT (9.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Rockon Enterprises's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 531447's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 531447'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 531447's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531447's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 531447'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?

4.0yrs

Average board tenure


CEO

Tanu Giriraj Agarwal (51yo)

no data

Tenure

Mrs. Tanu Giriraj Kishor Agarwal, B.Sc serves as Chairman, Chief Executive Officer and Investor Relation Officer at Rockon Enterprises Limited and has been its Managing Director since August 1, 2018. Mrs.  ...


Board Members

NamePositionTenureCompensationOwnership
Tanu Giriraj Agarwal
Chairmanno datano datano data
Girraj Agrawal
Director10.67yrsno datano data
Hardikkumar Kabariya
Independent Non-Executive Director4yrsno datano data
Jyotsana Bhatt
Non-Executive Independent Director2.67yrs₹30.00kno data

4.0yrs

Average Tenure

39yo

Average Age

Experienced Board: 531447's board of directors are considered experienced (4 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

Rockon Enterprises Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rockon Enterprises Limited
  • Ticker: 531447
  • Exchange: BSE
  • Founded: 1976
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹16.518m
  • Shares outstanding: 16.52m
  • Website: https://rockonfintech.wordpress.com

Number of Employees


Location

  • Rockon Enterprises Limited
  • E-109, Crystal Plaza
  • New Link Road
  • Mumbai
  • Maharashtra
  • 400053
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531447BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2009

Biography

Rockon Enterprises Limited primarily engages in the commodity trading business in India. The company operates in two segments, Commodity Trading and Finance. It is also involved in the share trading, finance, and investment activities. The company was formerly known as Rockon Fintech Limited and changed its name to Rockon Enterprises Limited in October 2015. Rockon Enterprises Limited was incorporated in 1976 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 13:26
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
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.