Refex Renewables & Infrastructure Analysis

dividend

Pros

Cons

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

health

Pros

• SunEdison Infrastructure is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• SunEdison Infrastructure has been profitable on average in the past, therefore cash runway is not a concern.
• SunEdison Infrastructure has been profitable on average in the past, therefore cash runway is not a concern.
• Debt is covered by short term assets, assets are 2.2x debt.
• SunEdison Infrastructure's cash and other short term assets cover its long term commitments.
• Low level of unsold assets.

Cons

• Operating cash flow is negative therefore debt is not well covered.
• SunEdison Infrastructure is making a loss, therefore interest payments are not well covered by earnings.
• SunEdison Infrastructure's level of debt (195.8%) compared to net worth is high (greater than 40%).

management

Pros

Cons

• The average tenure for the SunEdison Infrastructure board of directors is less than 3 years, this suggests a new board.
• The average tenure for the SunEdison Infrastructure management team is less than 2 years, this suggests a new team.

misc

Pros

Cons

• SunEdison Infrastructure is not covered by any analysts.
• BSE:531260 has not traded for 21 days.

past

Pros

Cons

• Unable to compare SunEdison Infrastructure's 1-year earnings growth to the 5-year average as it is not currently profitable.
• SunEdison Infrastructure does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
• It is difficult to establish if SunEdison Infrastructure has efficiently used its assets last year compared to the IN Electronic industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if SunEdison Infrastructure improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• It is difficult to establish if SunEdison Infrastructure has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare SunEdison Infrastructure's 1-year growth to the IN Electronic industry average as it is not currently profitable.

value

Pros

• SunEdison Infrastructure is good value based on assets compared to the IN Electronic industry average.
• BSE:531260 is up 4.9% outperforming the Electronic industry which returned 0.9% over the past month.

Cons

• SunEdison Infrastructure is loss making, we can't compare its value to the IN Electronic industry average.
• SunEdison Infrastructure is loss making, we can't compare the value of its earnings to the India market.
• BSE:531260 is up 4.9% underperforming the market in India which returned 8% over the past month.