Salora International Limited operates in the consumer electronics industry in India and internationally.
Imperfect balance sheet and overvalued.
Share Price & News
How has Salora International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500370 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500370 underperformed the Indian Electronic industry which returned 49.5% over the past year.
Return vs Market: 500370 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Salora International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Salora International undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 500370's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 500370's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 500370 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: 500370 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500370's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500370 is good value based on its PB Ratio (0.2x) compared to the IN Electronic industry average (0.8x).
How is Salora International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 Salora International 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.
- Take a look at our analysis of 500370’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.
- Salora International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Salora International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500370 is currently unprofitable.
Growing Profit Margin: 500370 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500370 is unprofitable, and losses have increased over the past 5 years at a rate of -55.1% per year.
Accelerating Growth: Unable to compare 500370's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500370 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (10.6%).
Return on Equity
High ROE: 500370 has a negative Return on Equity (-7.9%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Salora International's financial position?
Financial Position Analysis
Short Term Liabilities: 500370's short term assets (₹1.1B) exceed its short term liabilities (₹940.5M).
Long Term Liabilities: 500370's short term assets (₹1.1B) exceed its long term liabilities (₹178.5M).
Debt to Equity History and Analysis
Debt Level: 500370's debt to equity ratio (103.2%) is considered high.
Reducing Debt: 500370's debt to equity ratio has increased from 42.4% to 103.2% over the past 5 years.
Inventory Level: 500370 has a high level of physical assets or inventory.
Debt Coverage by Assets: 500370's debt is covered by short term assets (assets are 1.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 500370 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 500370 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Salora International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 500370's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 500370's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 500370's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500370's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 500370 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500370's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Gopal K. Jiwarajka (59yo)
Mr. Gopal K. Sitaram Jiwarajka has been the Managing Director of Salora International Ltd. since April 1, 1992. Mr. Jiwarajka has been instrumental in setting up seven (7)manufacturing plants for colour te ...
CEO Compensation Analysis
Compensation vs Market: Gopal K.'s total compensation ($USD8.50K) is below average for companies of similar size in the Indian market ($USD50.25K).
Compensation vs Earnings: Gopal K.'s compensation has been consistent with company performance over the past year.
|Chairman & MD||27.8yrs||₹606.24k||47.84% ₹54.6m|
|CFO & Whole Time Director||8.3yrs||₹1.92m||4.23% ₹4.8m|
|Executive Director||3.7yrs||₹698.83k||8.3% ₹9.5m|
|Non Executive Independent Director||14.3yrs||₹40.00k||no data|
|Non-Executive Independent Director||3.5yrs||₹70.00k||no data|
|Independent & Non-Executive Director||0.3yrs||no data||no data|
Experienced Board: 500370's board of directors are considered experienced (3.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Salora International Limited's company bio, employee growth, exchange listings and data sources
- Name: Salora International Limited
- Ticker: 500370
- Exchange: BSE
- Founded: 1968
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: ₹114.143m
- Shares outstanding: 8.81m
- Website: https://www.salora.com
- Salora International Limited
- B-50, Sector-80
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500370||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 1994|
|SALORAINTL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Dec 1994|
Salora International Limited operates in the consumer electronics industry in India and internationally. It operates through two segments, Consumer Electronic Division and Wind Energy. The company offers LED TVs, CRT TVs, TV components, home theaters, mobile phones, mobile batteries and chargers, smartphones, tablets, multimedia speaker systems, 3G data cards, and melamine and glassware products; and feature phones, fly back transformers, loudspeakers, deflection yokes, TV sets, sub-assemblies, etc. It also distributes various information technology (IT) and telecom products, such as laptops and smart watches; and trades in smart phones, etc. In addition, the company generates wind power; and offers sales and services under the Alcatel One touch and Zojirushi brands. It has five wind turbines having a capacity of 6.25 MW located at the Dhule, Maharashtra. The company serves the consumer electronics, telecom, IT, and lifestyle industries. Salora International Limited was founded in 1968 and is based in Noida, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 12:53|
|End of Day Share Price||2020/02/18 00:00|
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.