Precision Electronics Limited manufactures and supplies technology products and services for healthcare, hi-tech, energy, telecom, railways, defense and security, and critical infrastructure industries in India.
The last earnings update was 67 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Precision Electronics. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Precision Electronics's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Precision Electronics 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Precision Electronics's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Precision Electronics's earnings growth to the India market average as no estimate data is available.
Unable to compare Precision Electronics's revenue growth to the India market average as no estimate data is available.
Unable to determine if Precision Electronics is high growth as no earnings estimate data is available.
Unable to determine if Precision Electronics is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Precision Electronics's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Precision Electronics's finances.
The net worth of a company is the difference between its assets and liabilities.
Precision Electronics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Precision Electronics's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Precision Electronics's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.8x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Ashok Kumar Kanodia founded Precision Electronics Ltd. in 1979 and has been its Managing Director since June 05, 2010. Mr. Kanodia leadership extends to shaping National Policies and Regulations as Member of the IT/Telecom Hardware Task Force set up by the Prime Minister of India and as President of the Telecommunication Equipment Manufacturers Association (TEMA) of India. He is currently the Chairman of the Specialist group on Defense Communications and Information Warfare of the Confederation of Indian Industry (CII), an apex Forum for Industry in India and has made several contributions as industry representative in CII-Defence seminars, exhibitions and delegations around the world. Mr. Kanodia served as the Chairman of Precision Electronics Ltd. since July 27, 2015. He is one of the four industry representative in the Kelkar Committee set up by the Defense Minister 'Towards strengthening self-reliance in Defense preparedness'. He is a graduate in Electrical Engineering and Business Management from Massachusetts Institute of Technology (M.I.T.), USA.
Ashok's compensation has increased whilst company is loss making.
Ashok's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Precision Electronics management team is about average.
MD & Director
President & Whole Time Director
Chief Finance Officer
Company Secretary & Compliance Officer
Senior Vice President
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Precision Electronics board of directors is about average.
Board of Directors
President & Whole Time Director
Non Executive Director
MD & Director
Non Executive Independent Director
Non Executive Director
Independent Additional Director
Non-Executive Additional Director
Who owns this company?
Recent Insider Trading
Precision Electronics insiders have sold more shares than they have bought in the past 3 months.
Precision Electronics Limited manufactures and supplies technology products and services for healthcare, hi-tech, energy, telecom, railways, defense and security, and critical infrastructure industries in India. It operates through two segments, Electronics & Telecommunication, and Infra Services. The company offers last mile networking products and solutions, such as multiplexers, modems, media converters, protocol converters, last mile wireless access products, and telephony solutions; antenna mast systems, including pneumatic masts, winch masts, carbon fiber masts, and antenna positioner systems; and power systems comprising power conditioning systems, AC-to-DC systems, DC-to-DC systems, and integrated power supplies. It also provides command and control systems, such as SNMPc based network management systems, centralized management units for railways, and military command and control with situational awareness; data acquisition systems, including data and voice loggers; and transmission systems for telecom/MILCOM comprising ISM-band radio modems, secure UHF-band radio systems, high capacity P2P LOS radio systems, and data optimization for wireless IP networks. In addition, the company offers capture management services; value added solutions; turnkey solutions to plan, design, build, and integrate fixed, transportable, and mobile network infrastructures; and integrated product support services, such as technical documentation services, computer based training packages, maintenance depot, product training, and obsolescence management services. Precision Electronics Limited was founded in 1979 and is headquartered in Noida, India.
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