Ahmedabad Steelcraft Analysis

dividend

Pros

• Dividends paid are well covered by earnings (3x coverage).
• Ahmedabad Steelcraft's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.75%).
• Ahmedabad Steelcraft's dividend is above the markets top 25% of dividend payers in India (3.09%).

Cons

• Ahmedabad Steelcraft has only been paying a dividend for 9 years, and since then dividends per share have fallen.
• Ahmedabad Steelcraft has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

health

Pros

• Ahmedabad Steelcraft is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Ahmedabad Steelcraft is profitable, therefore cash runway is not a concern.
• Ahmedabad Steelcraft is profitable, therefore cash runway is not a concern.
• Ahmedabad Steelcraft has no debt, it does not need to be covered by operating cash flow.
• Ahmedabad Steelcraft has no debt, it does not need to be covered by short term assets.
• Ahmedabad Steelcraft's cash and other short term assets cover its long term commitments.
• Ahmedabad Steelcraft currently has no debt however we can't compare to 5 years ago as we have no data for that period.
• Ahmedabad Steelcraft has no debt, therefore coverage of interest payments is not a concern.
• Ahmedabad Steelcraft has no debt.
• Low level of unsold assets.

Cons

management

Pros

• The tenure for the Ahmedabad Steelcraft board of directors is about average.
• Anand's remuneration is lower than average for companies of similar size in India.
• Anand's compensation has been consistent with company performance over the past year, both up more than 20%.
• The tenure for the Ahmedabad Steelcraft management team is about average.

Cons

misc

Pros

Cons

• Ahmedabad Steelcraft is not covered by any analysts.
• BSE:522273 has not traded for 89 days.

past

Pros

• Ahmedabad Steelcraft's 1-year earnings growth exceeds its 5-year average (93.6% vs 43.8%)
• Ahmedabad Steelcraft has delivered over 20% year on year earnings growth in the past 5 years.
• Ahmedabad Steelcraft's earnings growth has exceeded the IN Trade Distributors industry average in the past year (93.6% vs 30.2%).

Cons

• Ahmedabad Steelcraft used its assets less efficiently than the IN Trade Distributors industry average last year based on Return on Assets.
• It is difficult to establish if Ahmedabad Steelcraft improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• Ahmedabad Steelcraft has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

• Ahmedabad Steelcraft is good value based on assets compared to the IN Trade Distributors industry average.
• Ahmedabad Steelcraft is good value based on earnings compared to the IN Trade Distributors industry average.
• Ahmedabad Steelcraft is good value based on earnings compared to the India market.

Cons

• Ahmedabad Steelcraft's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Ahmedabad Steelcraft's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• 522273 underperformed the Trade Distributors industry which returned -6.7% over the past year.
• 522273 underperformed the Market in India which returned -14.8% over the past year.
• BSE:522273 is flat (0%) underperforming the Trade Distributors industry which returned 8.5% over the past month.
• BSE:522273 is flat (0%) underperforming the market in India which returned 9% over the past month.