AMEX:IGC

Stock Analysis Report

India Globalization Capital

Executive Summary

India Globalization Capital, Inc. purchases and resells infrastructure commodities.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • India Globalization Capital has significant price volatility in the past 3 months.
  • India Globalization Capital is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.9%

AMEX:IGC

1.4%

US Trade Distributors

0.9%

US Market


1 Year Return

129.7%

AMEX:IGC

-16.8%

US Trade Distributors

0.3%

US Market

IGC outperformed the Trade Distributors industry which returned -16.8% over the past year.

IGC outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

IGCIndustryMarket
7 Day-0.9%1.4%0.9%
30 Day-23.6%-0.8%-1.9%
90 Day-0.9%-3.7%1.6%
1 Year129.7%129.7%-15.3%-16.8%2.6%0.3%
3 Year137.8%137.8%25.1%19.6%41.0%31.8%
5 Year20.2%20.2%11.2%3.4%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is India Globalization Capital undervalued based on future cash flows and its price relative to the stock market?

1.3x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for India Globalization Capital to establish if it is available at moderate discount.

Unable to calculate intrinsic value for India Globalization Capital to establish if it is available at substantial discount.


Price Based on Earnings

India Globalization Capital is loss making, we can't compare its value to the US Trade Distributors industry average.

India Globalization Capital is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for India Globalization Capital, we can't assess if its growth is good value.


Price Based on Value of Assets

India Globalization Capital is good value based on assets compared to the US Trade Distributors industry average.


Next Steps

Future Growth

How is India Globalization Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.0%

Forecasted Capital Goods 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 India Globalization Capital 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 India Globalization Capital performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

India Globalization Capital does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare India Globalization Capital's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare India Globalization Capital's 1-year growth to the US Trade Distributors industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if India Globalization Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if India Globalization Capital has efficiently used its assets last year compared to the US Trade Distributors industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if India Globalization Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is India Globalization Capital's financial position?


Financial Position Analysis

India Globalization Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

India Globalization Capital's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

India Globalization Capital's level of debt (0.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (19.2% vs 0.2% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 491.5x 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.

India Globalization Capital has sufficient cash runway for more than 3 years based on current free cash flow.

India Globalization Capital has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 64.2% each year.


Next Steps

Dividend

What is India Globalization Capital's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate India Globalization Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate India Globalization Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as India Globalization Capital has not reported any payouts.

Unable to verify if India Globalization Capital's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as India Globalization Capital has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Ram Mukunda (60yo)

14.3yrs

Tenure

US$738,000

Compensation

Mr. Ram Mukunda is the Founder of India Globalization Capital, Inc. and has been its Chief Executive Officer, President and Executive Director since April 29, 2005. Mr. Mukunda serves as the Chief Executiv ...


CEO Compensation Analysis

Ram's remuneration is higher than average for companies of similar size in United States of America.

Ram's compensation has increased whilst company is loss making.


Management Age and Tenure

1.9yrs

Average Tenure

51.5yo

Average Age

The average tenure for the India Globalization Capital management team is less than 2 years, this suggests a new team.


Board Age and Tenure

14.3yrs

Average Tenure

62yo

Average Age

The average tenure for the India Globalization Capital board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$54,00012 Jun 19
Richard Prins
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares50,000
Max PriceUS$1.11
SellUS$232,04031 Aug 18
Claudia Grimaldi
EntityIndividual
Role
Chief Financial Officer
VP & Principal Financial Officer
Shares116,020
Max PriceUS$2.00
SellUS$93,26031 Aug 18
Ram Mukunda
EntityIndividual
Role
Chief Executive Officer
President
Shares50,000
Max PriceUS$1.87
SellUS$207,09829 Aug 18
Ram Mukunda
EntityIndividual
Role
Chief Executive Officer
President
Shares200,000
Max PriceUS$1.33
SellUS$55,00029 Aug 18
Claudia Grimaldi
EntityIndividual
Role
Chief Financial Officer
VP & Principal Financial Officer
Shares50,000
Max PriceUS$1.10

Ownership Breakdown


Management Team

  • Ram Mukunda (60yo)

    President

    • Tenure: 14.3yrs
    • Compensation: US$738.00k
  • Ranga Krishna (55yo)

    Senior Advisor

    • Tenure: 6.7yrs
    • Compensation: US$22.54k
  • Parveen Mukunda

    Corporate Secretary

    • Tenure: 0.0yrs
  • Claudia Grimaldi (48yo)

    VP & Principal Financial Officer

    • Tenure: 1.3yrs
    • Compensation: US$312.00k
  • Rohit Goel (25yo)

    Manager & Principal Accounting Officer

    • Tenure: 1.9yrs
    • Compensation: US$41.00k
  • Shajy Mathilakathu (51yo)

    Co-Principal Financial & Accounting Officer

    • Tenure: 1.9yrs
  • Jagadeesh Rao (52yo)

    Scientific Officer

    • Tenure: 1.8yrs
    • Compensation: US$175.60k

Board Members

  • Ram Mukunda (60yo)

    President

    • Tenure: 14.3yrs
    • Compensation: US$738.00k
  • Sudhakar Shenoy (71yo)

    Director

    • Tenure: 14.3yrs
    • Compensation: US$61.00k
  • Richard Prins (62yo)

    Chairman of the Board

    • Tenure: 7.6yrs
    • Compensation: US$117.00k

Company Information

India Globalization Capital, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: India Globalization Capital, Inc.
  • Ticker: IGC
  • Exchange: AMEX
  • Founded: 2005
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: US$42.277m
  • Shares outstanding: 39.51m
  • Website: https://www.igcinc.us

Number of Employees


Location

  • India Globalization Capital, Inc.
  • 12224 Falls Road
  • Potomac
  • Maryland
  • 20854
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IGCAMEX (NYSE MKT LLC)YesCommon StockUSUSDApr 2006
IGS1DB (Deutsche Boerse AG)YesCommon StockDEEURApr 2006

Biography

India Globalization Capital, Inc. purchases and resells infrastructure commodities. The company operates through two segments, Infrastructure Business, and Plant and Cannabinoid Business. It buys and sells ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:55
End of Day Share Price2019/08/19 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.