Cochin Minerals & Rutile Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Cochin Minerals and Rutile's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
• Cochin Minerals and Rutile's dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

health

Pros

• Cochin Minerals and Rutile is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Cochin Minerals and Rutile is profitable, therefore cash runway is not a concern.
• Cochin Minerals and Rutile is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (196.6%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 8x debt.
• Cochin Minerals and Rutile'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 (54.8% vs 14.8% today).
• Interest payments on debt are well covered by earnings (EBIT is 9.3x coverage).
• Cochin Minerals and Rutile's level of debt (14.8%) compared to net worth is satisfactory (less than 40%).

Cons

• High level of physical assets or inventory.

management

Pros

• The average tenure for the Cochin Minerals and Rutile board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• S. N.'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 Cochin Minerals and Rutile individual insiders in the past 3 months.

Cons

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

misc

Pros

Cons

• Cochin Minerals and Rutile is not covered by any analysts.
• Cochin Minerals and Rutile has significant price volatility in the past 3 months.

past

Pros

• Cochin Minerals and Rutile has delivered over 20% year on year earnings growth in the past 5 years.
• Cochin Minerals and Rutile has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Cons

• Cochin Minerals and Rutile's 1-year earnings growth is less than its 5-year average (6.6% vs 70.1%)
• Cochin Minerals and Rutile used its assets less efficiently than the IN Chemicals industry average last year based on Return on Assets.
• Cochin Minerals and Rutile has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Cochin Minerals and Rutile's earnings growth has not exceeded the IN Chemicals industry average in the past year (6.6% vs 9.1%).

value

Pros

• Cochin Minerals and Rutile's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Cochin Minerals and Rutile's share price is below the future cash flow value, and at a substantial discount (> 40%).
• BSE:513353 is up 27.8% outperforming the Chemicals industry which returned 6.9% over the past month.
• BSE:513353 is up 27.8% outperforming the market in India which returned 8% over the past month.

Cons

• Cochin Minerals and Rutile is overvalued based on assets compared to the IN Chemicals industry average.
• Cochin Minerals and Rutile is overvalued based on earnings compared to the IN Chemicals industry average.
• Cochin Minerals and Rutile is overvalued based on earnings compared to the India market.
• 513353 underperformed the Chemicals industry which returned 2.2% over the past year.
• 513353 underperformed the Market in India which returned -14.5% over the past year.