Kings Infra Ventures Analysis

dividend

Pros

Cons

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

health

Pros

• Kings Infra Ventures is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Kings Infra Ventures is profitable, therefore cash runway is not a concern.
• Kings Infra Ventures is profitable, therefore cash runway is not a concern.
• Debt is covered by short term assets, assets are 2.8x debt.
• Kings Infra Ventures'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 (552.3% vs 59% today).

Cons

• Debt is not well covered by operating cash flow (16.2%, less than 20% of total debt).
• Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
• Kings Infra Ventures's level of debt (59%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• The tenure for the Kings Infra Ventures board of directors is about average.
• Shaji's remuneration is lower than average for companies of similar size in India.
• Shaji's compensation has been consistent with company performance over the past year, both up more than 20%.
• The average tenure for the Kings Infra Ventures management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

misc

Pros

Cons

• Kings Infra Ventures is not covered by any analysts.

past

Pros

• Kings Infra Ventures has delivered over 20% year on year earnings growth in the past 5 years.
• Kings Infra Ventures has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Cons

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

value

Pros

• 530215 outperformed the Real Estate industry which returned -24.3% over the past year.
• 530215 outperformed the Market in India which returned -14.5% over the past year.
• BSE:530215 is up 12.3% outperforming the market in India which returned 8% over the past month.

Cons

• Kings Infra Ventures's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Kings Infra Ventures's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• Kings Infra Ventures is overvalued based on assets compared to the IN Real Estate industry average.
• Kings Infra Ventures is overvalued based on earnings compared to the IN Real Estate industry average.
• Kings Infra Ventures is overvalued based on earnings compared to the India market.
• BSE:530215 is up 12.3% underperforming the Real Estate industry which returned 13.9% over the past month.