Anjani Portland Cement Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Dividends paid are thoroughly covered by earnings (7x coverage).
• Anjani Portland Cement's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
• Anjani Portland Cement's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Anjani Portland Cement is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Anjani Portland Cement is profitable, therefore cash runway is not a concern.
• Anjani Portland Cement is profitable, therefore cash runway is not a concern.
• Anjani Portland Cement has no debt, it does not need to be covered by operating cash flow.
• Anjani Portland Cement has no debt, it does not need to be covered by short term assets.
• Anjani Portland Cement's cash and other short term assets cover its long term commitments.
• Anjani Portland Cement has no debt compared to 5 years ago when it was 255.3%.
• Anjani Portland Cement has no debt, therefore coverage of interest payments is not a concern.
• Anjani Portland Cement has no debt.

Cons

• High level of physical assets or inventory.

management

Pros

Cons

• The average tenure for the Anjani Portland Cement board of directors is less than 3 years, this suggests a new board.
• The average tenure for the Anjani Portland Cement management team is less than 2 years, this suggests a new team.

misc

Pros

Cons

• Anjani Portland Cement is not covered by any analysts.
• Anjani Portland Cement has significant price volatility in the past 3 months.

past

Pros

• Anjani Portland Cement's 1-year earnings growth exceeds its 5-year average (145.6% vs 8.7%)
• Anjani Portland Cement's year on year earnings growth rate has been positive over the past 5 years.
• Anjani Portland Cement used its assets more efficiently than the IN Basic Materials industry average last year based on Return on Assets.
• Anjani Portland Cement's earnings growth has exceeded the IN Basic Materials industry average in the past year (145.6% vs 17%).

Cons

• Anjani Portland Cement's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
• Anjani Portland Cement has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

• Anjani Portland Cement's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Anjani Portland Cement is good value based on earnings compared to the IN Basic Materials industry average.
• Anjani Portland Cement is good value based on earnings compared to the India market.
• NSEI:APCL is up 13% outperforming the Basic Materials industry which returned 9.2% over the past month.
• NSEI:APCL is up 13% outperforming the market in India which returned 8% over the past month.

Cons

• Anjani Portland Cement's share price is below the future cash flow value, but not at a substantial discount (< 40%).
• Anjani Portland Cement is overvalued based on assets compared to the IN Basic Materials industry average.
• APCL underperformed the Basic Materials industry which returned -15.5% over the past year.
• APCL underperformed the Market in India which returned -14.5% over the past year.