Beekay Steel Industries Analysis

dividend

Pros

• Dividends paid are thoroughly covered by earnings (26x coverage).
• Beekay Steel Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• Dividend payments have increased, but Beekay Steel Industries only paid a dividend in the past 5 years.
• Whilst dividend payments have been stable, Beekay Steel Industries has been paying a dividend for less than 10 years.
• Beekay Steel Industries's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Beekay Steel Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Beekay Steel Industries is profitable, therefore cash runway is not a concern.
• Beekay Steel Industries is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (46.2%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 3x debt.
• Beekay Steel Industries'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 (100.7% vs 30.2% today).
• Interest payments on debt are well covered by earnings (EBIT is 11.3x coverage).
• Beekay Steel Industries's level of debt (30.2%) compared to net worth is satisfactory (less than 40%).

Cons

• High level of physical assets or inventory.

management

Pros

• The average tenure for the Beekay Steel Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• Mukesh's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

• Mukesh's remuneration is higher than average for companies of similar size in India.

misc

Pros

Cons

• Beekay Steel Industries is not covered by any analysts.
• Beekay Steel Industries's last earnings update was 290 days ago.
• Beekay Steel Industries has significant price volatility in the past 3 months.

past

Pros

• Beekay Steel Industries used its assets more efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
• Beekay Steel Industries has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
• Beekay Steel Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
• Beekay Steel Industries's earnings growth has exceeded the IN Metals and Mining industry average in the past year (40.3% vs -4.8%).

Cons

value

Pros

• Beekay Steel Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Beekay Steel Industries is good value based on earnings compared to the IN Metals and Mining industry average.
• Beekay Steel Industries is good value based on earnings compared to the India market.

Cons

• Beekay Steel Industries's share price is below the future cash flow value, but not at a substantial discount (< 40%).
• Beekay Steel Industries is overvalued based on assets compared to the IN Metals and Mining industry average.
• 539018 underperformed the Metals and Mining industry which returned -28.6% over the past year.
• 539018 underperformed the Market in India which returned -14.5% over the past year.
• BSE:539018 is up 5% underperforming the Metals and Mining industry which returned 7.5% over the past month.
• BSE:539018 is up 5% underperforming the market in India which returned 8% over the past month.