Panasonic Carbon India Company Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Dividends paid are well covered by earnings (3.4x coverage).
• Dividends per share have been stable in the past 10 years.
• Panasonic Carbon India's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
• Panasonic Carbon India's dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

health

Pros

• Panasonic Carbon India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Panasonic Carbon India is profitable, therefore cash runway is not a concern.
• Panasonic Carbon India is profitable, therefore cash runway is not a concern.
• Panasonic Carbon India has no debt, it does not need to be covered by operating cash flow.
• Panasonic Carbon India has no debt, it does not need to be covered by short term assets.
• Panasonic Carbon India's cash and other short term assets cover its long term commitments.
• Panasonic Carbon India has not taken on any debt in the past 5 years.
• Panasonic Carbon India has no debt, therefore coverage of interest payments is not a concern.
• Panasonic Carbon India has no debt.
• Low level of unsold assets.

Cons

management

Pros

• The tenure for the Panasonic Carbon India board of directors is about average.
• R.'s compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

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

misc

Pros

Cons

• Panasonic Carbon India is not covered by any analysts.

past

Pros

• Panasonic Carbon India's 1-year earnings growth exceeds its 5-year average (36.5% vs 4%)
• Panasonic Carbon India's year on year earnings growth rate has been positive over the past 5 years.
• Panasonic Carbon India used its assets more efficiently than the IN Electrical industry average last year based on Return on Assets.
• Panasonic Carbon India's earnings growth has exceeded the IN Electrical industry average in the past year (36.5% vs 11.7%).

Cons

• Panasonic Carbon India's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
• Panasonic Carbon India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

• Panasonic Carbon India is good value based on earnings compared to the IN Electrical industry average.
• Panasonic Carbon India is good value based on earnings compared to the India market.
• 508941 outperformed the Electrical industry which returned -33.5% over the past year.
• 508941 outperformed the Market in India which returned -14.5% over the past year.

Cons

• Panasonic Carbon India's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Panasonic Carbon India's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• Panasonic Carbon India is overvalued based on assets compared to the IN Electrical industry average.
• BSE:508941 is up 1.5% underperforming the Electrical industry which returned 9.3% over the past month.
• BSE:508941 is up 1.5% underperforming the market in India which returned 8% over the past month.