Incredible Industries Analysis

dividend

Pros

Cons

• Unable to evaluate Adhunik Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Adhunik Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Adhunik Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Adhunik Industries is profitable, therefore cash runway is not a concern.
• Adhunik Industries is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (94.2%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 4.7x debt.
• Adhunik 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 (98.7% vs 25.3% today).
• Adhunik Industries's level of debt (25.3%) compared to net worth is satisfactory (less than 40%).

Cons

• Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
• High level of physical assets or inventory.

management

Pros

Cons

• The average tenure for the Adhunik Industries board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• Adhunik Industries is not covered by any analysts.
• Adhunik Industries has significant price volatility in the past 3 months.

past

Pros

Cons

• Adhunik Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
• Adhunik Industries's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
• Adhunik Industries used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
• Adhunik Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
• Adhunik Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Adhunik Industries's 1-year earnings growth is negative, it can't be compared to the IN Metals and Mining industry average.

value

Pros

• Adhunik Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Adhunik Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).

Cons

• Adhunik Industries is overvalued based on assets compared to the IN Metals and Mining industry average.
• Adhunik Industries is overvalued based on earnings compared to the IN Metals and Mining industry average.
• Adhunik Industries is overvalued based on earnings compared to the India market.
• 538365 underperformed the Metals and Mining industry which returned -28.6% over the past year.
• 538365 underperformed the Market in India which returned -14.5% over the past year.
• BSE:538365 is up 2.7% underperforming the Metals and Mining industry which returned 7.5% over the past month.
• BSE:538365 is up 2.7% underperforming the market in India which returned 8% over the past month.