Shelter Infra Projects Analysis

dividend

Pros

Cons

• Unable to calculate sustainability of dividends as Shelter Infra Projects has not reported any payouts.
• Unable to evaluate Shelter Infra Projects's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Shelter Infra Projects's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Shelter Infra Projects is profitable, therefore cash runway is not a concern.
• Shelter Infra Projects is profitable, therefore cash runway is not a concern.
• Debt is covered by short term assets, assets are 1.7x debt.
• Shelter Infra Projects'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 (779.5% vs 370.2% today).
• Low level of unsold assets.

Cons

• Shelter Infra Projects's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
• Debt is not well covered by operating cash flow (7.3%, less than 20% of total debt).
• Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).
• Shelter Infra Projects's level of debt (370.2%) compared to net worth is high (greater than 40%).

management

Pros

• The tenure for the Shelter Infra Projects board of directors is about average.

Cons

• The average tenure for the Shelter Infra Projects management team is less than 2 years, this suggests a new team.

misc

Pros

Cons

• Shelter Infra Projects is not covered by any analysts.

past

Pros

• Shelter Infra Projects has delivered over 20% year on year earnings growth in the past 5 years.
• Shelter Infra Projects has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Cons

• Shelter Infra Projects's 1-year earnings growth is negative, it can't be compared to the 5-year average.
• Shelter Infra Projects used its assets less efficiently than the IN Construction industry average last year based on Return on Assets.
• Shelter Infra Projects has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Shelter Infra Projects's 1-year earnings growth is negative, it can't be compared to the IN Construction industry average.

value

Pros

• Shelter Infra Projects's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Shelter Infra Projects's share price is below the future cash flow value, and at a substantial discount (> 40%).
• Shelter Infra Projects is good value based on earnings compared to the IN Construction industry average.
• Shelter Infra Projects is good value based on earnings compared to the India market.
• 526839 outperformed the Construction industry which returned -40% over the past year.
• BSE:526839 is up 19.9% outperforming the Construction industry which returned 7.1% over the past month.
• BSE:526839 is up 19.9% outperforming the market in India which returned 8% over the past month.

Cons

• Shelter Infra Projects is overvalued based on assets compared to the IN Construction industry average.
• 526839 underperformed the Market in India which returned -14.5% over the past year.