Elnet Technologies Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Dividends paid are thoroughly covered by earnings (17.9x coverage).
• Dividends per share have been stable in the past 10 years.
• Elnet Technologies's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

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

health

Pros

• Elnet Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Elnet Technologies is profitable, therefore cash runway is not a concern.
• Elnet Technologies is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (101.8%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 12.1x debt.
• Elnet Technologies'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 (9.2% vs 5.3% today).
• Elnet Technologies earns more interest than it pays, coverage of interest payments is not a concern.
• Elnet Technologies's level of debt (5.3%) compared to net worth is satisfactory (less than 40%).

Cons

• High level of physical assets or inventory.

management

Pros

• The average tenure for the Elnet Technologies board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• Unnamalai's remuneration is lower than average for companies of similar size in India.
• Unnamalai's compensation has been consistent with company performance over the past year, both up more than 20%.
• The tenure for the Elnet Technologies management team is about average.

Cons

misc

Pros

Cons

• Elnet Technologies is not covered by any analysts.

past

Pros

• Elnet Technologies's 1-year earnings growth exceeds its 5-year average (26% vs 10.9%)
• Elnet Technologies's year on year earnings growth rate has been positive over the past 5 years.
• Elnet Technologies used its assets more efficiently than the IN Real Estate industry average last year based on Return on Assets.
• Elnet Technologies's earnings growth has exceeded the IN Real Estate industry average in the past year (26% vs 9.7%).

Cons

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

value

Pros

• Elnet Technologies is good value based on assets compared to the IN Real Estate industry average.
• Elnet Technologies is good value based on earnings compared to the IN Real Estate industry average.
• Elnet Technologies is good value based on earnings compared to the India market.
• 517477 outperformed the Real Estate industry which returned -24.3% over the past year.

Cons

• Elnet Technologies's share price is below the future cash flow value, but not at a moderate discount (< 20%).
• Elnet Technologies's share price is below the future cash flow value, but not at a substantial discount (< 40%).
• 517477 underperformed the Market in India which returned -14.5% over the past year.
• BSE:517477 is up 2.3% underperforming the Real Estate industry which returned 13.9% over the past month.
• BSE:517477 is up 2.3% underperforming the market in India which returned 8% over the past month.