Emkay Global Financial Services Analysis

dividend

Pros

• Emkay Global Financial Services's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• No dividend growth in 10 years.
• Dividends paid are not well covered by earnings (1.1x coverage).
• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
• Emkay Global Financial Services's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Emkay Global Financial Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Emkay Global Financial Services is profitable, therefore cash runway is not a concern.
• Emkay Global Financial Services is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (160.6%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 8.3x debt.
• Emkay Global Financial Services'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 (21.7% vs 18.4% today).
• Emkay Global Financial Services's level of debt (18.4%) compared to net worth is satisfactory (less than 40%).
• Low level of unsold assets.

Cons

management

Pros

• The tenure for the Emkay Global Financial Services board of directors is about average.
• Krishna's compensation has been consistent with company performance over the past year, both up more than 20%.
• The tenure for the Emkay Global Financial Services management team is about average.

Cons

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

misc

Pros

Cons

• Emkay Global Financial Services is not covered by any analysts.
• Emkay Global Financial Services has significant price volatility in the past 3 months.

past

Pros

• Emkay Global Financial Services has delivered over 20% year on year earnings growth in the past 5 years.

Cons

• Emkay Global Financial Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.
• Emkay Global Financial Services used its assets less efficiently than the IN Capital Markets industry average last year based on Return on Assets.
• Emkay Global Financial Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Emkay Global Financial Services's 1-year earnings growth is negative, it can't be compared to the IN Capital Markets industry average.

value

Pros

• BSE:532737 is up 17.7% outperforming the Capital Markets industry which returned 8.7% over the past month.
• BSE:532737 is up 17.7% outperforming the market in India which returned 8% over the past month.

Cons

• Emkay Global Financial Services's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Emkay Global Financial Services's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• Emkay Global Financial Services is overvalued based on assets compared to the IN Capital Markets industry average.
• Emkay Global Financial Services is overvalued based on earnings compared to the IN Capital Markets industry average.
• Emkay Global Financial Services is overvalued based on earnings compared to the India market.
• 532737 underperformed the Capital Markets industry which returned -21% over the past year.
• 532737 underperformed the Market in India which returned -14.5% over the past year.