Indo Thai Securities Analysis

dividend

Pros

• Dividends paid are well covered by earnings (3.1x coverage).
• Indo Thai Securities's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
• Indo Thai Securities's dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

• Indo Thai Securities has only been paying a dividend for 5 years, and since then there has been no growth.
• Whilst dividend payments have been stable, Indo Thai Securities has been paying a dividend for less than 10 years.

health

Pros

• Indo Thai Securities is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Indo Thai Securities is profitable, therefore cash runway is not a concern.
• Indo Thai Securities is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (55.4%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 7.2x debt.
• Indo Thai Securities's cash and other short term assets cover its long term commitments.
• Indo Thai Securities's level of debt (12.2%) compared to net worth is satisfactory (less than 40%).
• Low level of unsold assets.

Cons

• The level of debt compared to net worth has increased over the past 5 years (5% vs 12.2% today).

management

Pros

• The average tenure for the Indo Thai Securities board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• Dhanpal's remuneration is lower than average for companies of similar size in India.
• The average tenure for the Indo Thai Securities management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

• Dhanpal's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.

misc

Pros

Cons

• Indo Thai Securities is not covered by any analysts.
• Indo Thai Securities has significant price volatility in the past 3 months.

past

Pros

• Indo Thai Securities used its assets more efficiently than the IN Capital Markets industry average last year based on Return on Assets.

Cons

• Indo Thai Securities's 1-year earnings growth is negative, it can't be compared to the 5-year average.
• Indo Thai Securities's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
• Indo Thai Securities has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Indo Thai Securities's 1-year earnings growth is negative, it can't be compared to the IN Capital Markets industry average.

value

Pros

• Indo Thai Securities is good value based on assets compared to the IN Capital Markets industry average.
• Indo Thai Securities is good value based on earnings compared to the IN Capital Markets industry average.
• Indo Thai Securities is good value based on earnings compared to the India market.
• BSE:533676 is up 28.8% outperforming the Capital Markets industry which returned 8.7% over the past month.
• BSE:533676 is up 28.8% outperforming the market in India which returned 8% over the past month.

Cons

• 533676 underperformed the Capital Markets industry which returned -21% over the past year.
• 533676 underperformed the Market in India which returned -14.5% over the past year.