Patel Integrated Logistics Analysis

dividend

Pros

• Dividends paid are thoroughly covered by earnings (12x coverage).
• Patel Integrated Logistics's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• Dividends per share have fallen over the past 10 years.
• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
• Patel Integrated Logistics's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Patel Integrated Logistics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Patel Integrated Logistics is profitable, therefore cash runway is not a concern.
• Patel Integrated Logistics is profitable, therefore cash runway is not a concern.
• Debt is covered by short term assets, assets are 2.4x debt.
• Patel Integrated Logistics's cash and other short term assets cover its long term commitments.

Cons

• Operating cash flow is negative therefore debt is not well covered.
• The level of debt compared to net worth has increased over the past 5 years (45.2% vs 47% today).
• Patel Integrated Logistics's level of debt (47%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• Syed's remuneration is lower than average for companies of similar size in India.
• Syed's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

• The average tenure for the Patel Integrated Logistics board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• Patel Integrated Logistics is not covered by any analysts.
• Patel Integrated Logistics has significant price volatility in the past 3 months.

past

Pros

• Patel Integrated Logistics's 1-year earnings growth exceeds its 5-year average (46.4% vs 6.8%)
• Patel Integrated Logistics's year on year earnings growth rate has been positive over the past 5 years.
• Patel Integrated Logistics's earnings growth has exceeded the IN Logistics industry average in the past year (46.4% vs -1.7%).

Cons

• Patel Integrated Logistics used its assets less efficiently than the IN Logistics industry average last year based on Return on Assets.
• It is difficult to establish if Patel Integrated Logistics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• Patel Integrated Logistics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

• Patel Integrated Logistics is good value based on assets compared to the IN Logistics industry average.
• Patel Integrated Logistics is good value based on earnings compared to the IN Logistics industry average.
• Patel Integrated Logistics is good value based on earnings compared to the India market.
• BSE:526381 is up 18.2% outperforming the Logistics industry which returned 4.7% over the past month.
• BSE:526381 is up 18.2% outperforming the market in India which returned 8% over the past month.

Cons

• Patel Integrated Logistics's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Patel Integrated Logistics's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• 526381 underperformed the Logistics industry which returned -35% over the past year.
• 526381 underperformed the Market in India which returned -14.5% over the past year.