Parshwanath Corporation Analysis

dividend

Pros

Cons

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

health

Pros

• Parshwanath is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Parshwanath is profitable, therefore cash runway is not a concern.
• Parshwanath is profitable, therefore cash runway is not a concern.
• Parshwanath has no debt, it does not need to be covered by operating cash flow.
• Parshwanath has no debt, it does not need to be covered by short term assets.
• Parshwanath's cash and other short term assets cover its long term commitments.
• Parshwanath currently has no debt however we can't compare to 5 years ago as we have no data for that period.
• Parshwanath has no debt, therefore coverage of interest payments is not a concern.
• Parshwanath has no debt.
• Low level of unsold assets.

Cons

management

Pros

• The average tenure for the Parshwanath board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• Rushabhbhai's remuneration is lower than average for companies of similar size in India.
• Rushabhbhai's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

misc

Pros

Cons

• Parshwanath is not covered by any analysts.

past

Pros

• Parshwanath's 1-year earnings growth exceeds its 5-year average (73.8% vs -0.9%)
• Parshwanath used its assets more efficiently than the IN Real Estate industry average last year based on Return on Assets.
• Parshwanath's earnings growth has exceeded the IN Real Estate industry average in the past year (73.8% vs 9.7%).

Cons

• Parshwanath's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
• Parshwanath has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

• Parshwanath is good value based on assets compared to the IN Real Estate industry average.
• Parshwanath is good value based on earnings compared to the IN Real Estate industry average.
• Parshwanath is good value based on earnings compared to the India market.

Cons

• Parshwanath's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Parshwanath's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).