Asahi Songwon Colors Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Dividends paid are well covered by earnings (5.7x coverage).
• Asahi Songwon Colors'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%).
• Asahi Songwon Colors's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Asahi Songwon Colors is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Asahi Songwon Colors is profitable, therefore cash runway is not a concern.
• Asahi Songwon Colors is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (66.6%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 3.1x debt.
• Asahi Songwon Colors's cash and other short term assets cover its long term commitments.
• The level of debt compared to net worth has been reduced over the past 5 years (44.3% vs 20.1% today).
• Interest payments on debt are well covered by earnings (EBIT is 6.2x coverage).
• Asahi Songwon Colors's level of debt (20.1%) compared to net worth is satisfactory (less than 40%).

Cons

• High level of physical assets or inventory.

management

Pros

• The average tenure for the Asahi Songwon Colors board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• Paru's remuneration is lower than average for companies of similar size in India.
• Paru's compensation has been consistent with company performance over the past year, both up more than 20%.
• More shares have been bought than sold by Asahi Songwon Colors individual insiders in the past 3 months.
• The tenure for the Asahi Songwon Colors management team is about average.

Cons

misc

Pros

Cons

• Asahi Songwon Colors is not covered by any analysts.
• Asahi Songwon Colors has significant price volatility in the past 3 months.

past

Pros

• Asahi Songwon Colors's 1-year earnings growth exceeds its 5-year average (31.8% vs 2.6%)
• Asahi Songwon Colors's year on year earnings growth rate has been positive over the past 5 years.
• Asahi Songwon Colors used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
• Asahi Songwon Colors's earnings growth has exceeded the IN Chemicals industry average in the past year (31.8% vs 9.1%).

Cons

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

value

Pros

• Asahi Songwon Colors is good value based on assets compared to the IN Chemicals industry average.
• Asahi Songwon Colors is good value based on earnings compared to the IN Chemicals industry average.
• Asahi Songwon Colors is good value based on earnings compared to the India market.
• BSE:532853 is up 11% outperforming the Chemicals industry which returned 6.9% over the past month.
• BSE:532853 is up 11% outperforming the market in India which returned 8% over the past month.

Cons

• Asahi Songwon Colors's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Asahi Songwon Colors's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• 532853 underperformed the Chemicals industry which returned 2.2% over the past year.
• 532853 underperformed the Market in India which returned -14.5% over the past year.