BSE:517174

Stock Analysis Report

Honeywell Automation India

Executive Summary

Honeywell Automation India Limited provides integrated automation and control systems in India and internationally.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Honeywell Automation India's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

517174

1.7%

IN Electronic

3.1%

IN Market


1 Year Return

52.1%

517174

25.3%

IN Electronic

3.7%

IN Market

Return vs Industry: 517174 exceeded the Indian Electronic industry which returned 25.3% over the past year.

Return vs Market: 517174 exceeded the Indian Market which returned 3.7% over the past year.


Shareholder returns

517174IndustryMarket
7 Day0.3%1.7%3.1%
30 Day12.2%4.4%5.7%
90 Day28.2%18.1%1.4%
1 Year52.4%52.1%26.3%25.3%5.9%3.7%
3 Year216.4%215.1%70.7%66.1%22.3%16.0%
5 Year453.6%449.7%88.0%81.8%42.5%28.9%

Price Volatility Vs. Market

How volatile is Honeywell Automation India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Honeywell Automation India undervalued compared to its fair value and its price relative to the market?

66.64x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: 517174 (₹28732) is trading above our estimate of fair value (₹5193.85)

Significantly Undervalued: 517174 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 517174 is poor value based on its PE Ratio (66.6x) compared to the Electronic industry average (11.8x).

PE vs Market: 517174 is poor value based on its PE Ratio (66.6x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

Low PEG Ratio: 517174 is poor value based on its PEG Ratio (3.4x)


Price to Book Ratio

PB vs Industry: 517174 is overvalued based on its PB Ratio (14.5x) compared to the IN Electronic industry average (0.7x).


Next Steps

Future Growth

How is Honeywell Automation India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

19.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 517174's forecast earnings growth (19.4% per year) is above the savings rate (7.6%).

Earnings vs Market: 517174's earnings (19.4% per year) are forecast to grow faster than the Indian market (18.2% per year).

High Growth Earnings: 517174's earnings are forecast to grow, but not significantly.

Revenue vs Market: 517174's revenue (15.9% per year) is forecast to grow faster than the Indian market (11.4% per year).

High Growth Revenue: 517174's revenue (15.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 517174's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Honeywell Automation India performed over the past 5 years?

29.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 517174's earnings have grown significantly by 29.7% per year over the past 5 years.

Accelerating Growth: 517174's earnings growth over the past year (33.3%) exceeds its 5-year average (29.7% per year).

Earnings vs Industry: 517174 earnings growth over the past year (33.3%) underperformed the Electronic industry 40.5%.


Return on Equity

High ROE: 517174's Return on Equity (21.8%) is considered high.


Return on Assets

ROA vs Industry: 517174 has a higher Return on Assets than the Electronic industry average last year.


Return on Capital Employed

ROCE Improving: 517174 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Honeywell Automation India's financial position?


Financial Position Analysis

Short Term Liabilities: 517174's short term assets (₹25.1B) exceeds its short term liabilities (₹11.1B)

Long Term Liabilities: 517174's short term assets (25.1B) exceeds its long term liabilities (374.3M)


Debt to Equity History and Analysis

Debt Level: 517174 is debt free.

Reducing Debt: 517174 has not had any debt for past 5 years.

Debt Coverage: 517174 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 517174 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 517174 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 517174's debt is covered by short term assets.


Next Steps

Dividend

What is Honeywell Automation India's current dividend yield, its reliability and sustainability?

0.16%

Current Dividend Yield


Dividend Yield vs Market

company0.2%marketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Years0.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 517174's dividend (0.16%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 517174's dividend (0.16%) is low compared to the top 25% of dividend payers in the Indian market (2.48%).

Stable Dividend: 517174 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 517174 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 517174 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 517174's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Honeywell Automation India's salary, the management and board of directors tenure and is there insider trading?

2.4yrs

Average management tenure


CEO

M. Gaikwad (50yo)

3yrs

Tenure

₹30,926,000

Compensation

Mr. M. Ashish Gaikwad has been Managing Director and Additional Director at Honeywell Automation India Limited since October 1, 2016 and serves as Head of Process Solutions. Mr. Gaikwad served as General M ...


CEO Compensation Analysis

Compensation vs. Market: M.'s total compensation ($USD434.98K) is below average for companies of similar size in the Indian market ($USD823.37K).

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


Management Age and Tenure

2.4yrs

Average Tenure

50yo

Average Age

Experienced Management: 517174's management team is considered experienced (2.4 years average tenure).


Board Age and Tenure

3.2yrs

Average Tenure

50yo

Average Age

Experienced Board: 517174's board of directors are considered experienced (3.2 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

  • M. Gaikwad (50yo)

    MD, Head of Process Solutions & Non-Independent Executive Director

    • Tenure: 3yrs
    • Compensation: ₹30.93m
  • Aseem Joshi (42yo)

    Head of Building Solutions

    • Tenure: 0yrs
    • Compensation: ₹9.90m
  • Farah Irani

    Compliance Officer & Company Secretary

    • Tenure: 2.4yrs
    • Compensation: ₹2.32m
  • K. Shashikant (50yo)

    Commercial Head of Environmental & Energy Solutions

    • Tenure: 0yrs
  • Amit Tantia

    Chief Financial Officer

    • Tenure: 1.4yrs
    • Compensation: ₹9.02m
  • Abhishek Kumar

    Head of Human Resources

    • Tenure: 0yrs
  • Amita Rajora

    Acting Legal Leader

    • Tenure: 0yrs
  • Nikhil Thakkar

    Head of Audit & Internal Controls

    • Tenure: 0yrs
  • Gajanan Lahane

    Head of Global Manufacturing

    • Tenure: 0yrs
  • Rahul Sharma

    Head of Global Services

    • Tenure: 0yrs

Board Members

  • M. Gaikwad (50yo)

    MD, Head of Process Solutions & Non-Independent Executive Director

    • Tenure: 3yrs
    • Compensation: ₹30.93m
  • Neera Saggi (63yo)

    Non-Executive & Independent Director

    • Tenure: 0.7yrs
    • Compensation: ₹470.00k
  • Vikas Chadha (48yo)

    Non-Executive Director

    • Tenure: 3.2yrs
  • Nisha Gupta (50yo)

    Non-Independent Non-Executive Director

    • Tenure: 5.5yrs
  • Srinath Narasimhan

    Independent Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: ₹2.74m
  • Suresh Senapaty (62yo)

    Independent Non-Executive Chairman

    • Tenure: 3.6yrs
    • Compensation: ₹2.82m
  • Brian Buffington (45yo)

    Non-Executive Director

    • Tenure: 1.7yrs

Company Information

Honeywell Automation India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Honeywell Automation India Limited
  • Ticker: 517174
  • Exchange: BSE
  • Founded: 1984
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: ₹252.525b
  • Shares outstanding: 8.84m
  • Website: https://www.honeywell.com/worldwide/en-in/hail

Number of Employees


Location

  • Honeywell Automation India Limited
  • 56 & 57, Hadapsar Industrial Estate
  • Pune
  • Maharashtra
  • 411013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517174BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1996
HONAUTNSEI (National Stock Exchange of India)YesEquity SharesININRMay 1996

Biography

Honeywell Automation India Limited provides integrated automation and control systems in India and internationally. The company offers process control, safety, optimization, and simulation, as well as conn ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 12:36
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.