Man Industries (India) Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Dividends paid are well covered by earnings (5.4x coverage).
• Man Industries (India)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
• Man Industries (India)'s dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

health

Pros

• Man Industries (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Man Industries (India) is profitable, therefore cash runway is not a concern.
• Man Industries (India) is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (70.8%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 5.5x debt.
• Man Industries (India)'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 (91.5% vs 27.7% today).
• Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
• Man Industries (India)'s level of debt (27.7%) compared to net worth is satisfactory (less than 40%).

Cons

• High level of physical assets or inventory.

management

Pros

• The tenure for the Man Industries (India) board of directors is about average.
• Ramesh's remuneration is lower than average for companies of similar size in India.
• Ramesh's compensation has been consistent with company performance over the past year, both up more than 20%.
• More shares have been bought than sold by Man Industries (India) individual insiders in the past 3 months.

Cons

misc

Pros

Cons

• Man Industries (India) is not covered by any analysts.
• Man Industries (India) has significant price volatility in the past 3 months.

past

Pros

• Man Industries (India) has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Cons

• Man Industries (India)'s 1-year earnings growth is negative, it can't be compared to the 5-year average.
• Man Industries (India)'s year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
• Man Industries (India) used its assets less efficiently than the IN Construction industry average last year based on Return on Assets.
• Man Industries (India) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Man Industries (India)'s 1-year earnings growth is negative, it can't be compared to the IN Construction industry average.

value

Pros

• Man Industries (India)'s share price is below the future cash flow value, and at a moderate discount (> 20%).
• Man Industries (India)'s share price is below the future cash flow value, and at a substantial discount (> 40%).
• Man Industries (India) is good value based on assets compared to the IN Construction industry average.
• Man Industries (India) is good value based on earnings compared to the IN Construction industry average.
• Man Industries (India) is good value based on earnings compared to the India market.
• MANINDS outperformed the Construction industry which returned -40% over the past year.
• NSEI:MANINDS is up 13.4% outperforming the Construction industry which returned 7.1% over the past month.
• NSEI:MANINDS is up 13.4% outperforming the market in India which returned 8% over the past month.

Cons

• MANINDS underperformed the Market in India which returned -14.5% over the past year.