Eimco Elecon (India) Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Dividends paid are well covered by earnings (4x coverage).
• Dividends per share have been stable in the past 10 years.
• Eimco Elecon (India)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• Eimco Elecon (India)'s dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Eimco Elecon (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Eimco Elecon (India) is profitable, therefore cash runway is not a concern.
• Eimco Elecon (India) is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (730.1%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 76.8x debt.
• Eimco Elecon (India)'s cash and other short term assets cover its long term commitments.
• Eimco Elecon (India) earns more interest than it pays, coverage of interest payments is not a concern.
• Eimco Elecon (India)'s level of debt (0.4%) compared to net worth is satisfactory (less than 40%).

Cons

• High level of physical assets or inventory.

management

Pros

• The tenure for the Eimco Elecon (India) board of directors is about average.

Cons

misc

Pros

Cons

• Eimco Elecon (India) is not covered by any analysts.
• Eimco Elecon (India) has significant price volatility in the past 3 months.

past

Pros

• Eimco Elecon (India)'s year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Cons

• Eimco Elecon (India)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.
• Eimco Elecon (India) used its assets less efficiently than the IN Machinery industry average last year based on Return on Assets.
• Eimco Elecon (India)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
• Eimco Elecon (India) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Eimco Elecon (India)'s 1-year earnings growth is negative, it can't be compared to the IN Machinery industry average.

value

Pros

• Eimco Elecon (India) is good value based on assets compared to the IN Machinery industry average.
• Eimco Elecon (India) is good value based on earnings compared to the IN Machinery industry average.
• Eimco Elecon (India) is good value based on earnings compared to the India market.
• NSEI:EIMCOELECO is up 7.1% along with the India market (8%) over the past month.

Cons

• Eimco Elecon (India)'s share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Eimco Elecon (India)'s share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• EIMCOELECO underperformed the Machinery industry which returned -23.7% over the past year.
• EIMCOELECO underperformed the Market in India which returned -14.5% over the past year.
• NSEI:EIMCOELECO is up 7.1% underperforming the Machinery industry which returned 8.3% over the past month.