Asian Granito India Analysis

dividend

Pros

Cons

• Asian Granito India is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
• No need to calculate the sustainability of Asian Granito India's dividends as it is not paying a notable one for India.
• Asian Granito India is not paying a notable dividend for India, therefore no need to check if the payments are stable.
• Asian Granito India's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
• Asian Granito India's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

Pros

Cons

• Asian Granito India's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
• Asian Granito India's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
• Asian Granito India's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.2%.
• Asian Granito India's net income is expected to decrease over the next 2 years.
• Asian Granito India is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
• Performance (ROE) is not expected to exceed the current IN Building industry average.
• A decline in Asian Granito India's performance (ROE) is expected over the next 3 years.
• Asian Granito India's revenue is expected to decrease over the next 2 years.
• Asian Granito India's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
• Asian Granito India's revenues are expected to decrease over the next 1-3 years, this is below the India market average.

health

Pros

• Asian Granito India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Asian Granito India is profitable, therefore cash runway is not a concern.
• Asian Granito India is profitable, therefore cash runway is not a concern.
• Debt is covered by short term assets, assets are 2.4x debt.
• Asian Granito India'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 (65.7% vs 62.1% today).

Cons

• Debt is not well covered by operating cash flow (18.4%, less than 20% of total debt).
• Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
• Asian Granito India's level of debt (62.1%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• The tenure for the Asian Granito India board of directors is about average.
• Kamleshbhai's remuneration is about average for companies of similar size in India.
• Kamleshbhai's compensation has been consistent with company performance over the past year, both up more than 20%.
• The average tenure for the Asian Granito India management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

misc

Pros

Cons

• Asian Granito India is covered by less than 3 analysts.
• Asian Granito India has significant price volatility in the past 3 months.

past

Pros

• Asian Granito India's 1-year earnings growth exceeds its 5-year average (28.2% vs 6.7%)
• Asian Granito India's year on year earnings growth rate has been positive over the past 5 years.
• Asian Granito India's earnings growth has exceeded the IN Building industry average in the past year (28.2% vs 2%).

Cons

• Asian Granito India used its assets less efficiently than the IN Building industry average last year based on Return on Assets.
• Asian Granito India's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
• Asian Granito India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

• BSE:532888 is up 22.1% outperforming the Building industry which returned 6.6% over the past month.
• BSE:532888 is up 22.1% outperforming the market in India which returned 8% over the past month.

Cons

• Asian Granito India's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Asian Granito India's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• Asian Granito India is overvalued based on assets compared to the IN Building industry average.
• Asian Granito India earnings are not expected to grow next year, we can't assess if its growth is good value.
• Asian Granito India is overvalued based on earnings compared to the IN Building industry average.
• Asian Granito India is overvalued based on earnings compared to the India market.
• 532888 underperformed the Building industry which returned -33.2% over the past year.
• 532888 underperformed the Market in India which returned -14.5% over the past year.