State Trading Corporation of India Analysis

dividend

Pros

Cons

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

health

Pros

• Debt is well covered by operating cash flow (72.5%, greater than 20% of total debt).

Cons

• State Trading Corporation of India's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
• State Trading Corporation of India has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
• State Trading Corporation of India's long term commitments exceed its cash and other short term assets.
• Irrelevant to check if State Trading Corporation of India's debt level has increased considering it has negative shareholder equity.
• State Trading Corporation of India has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
• High level of physical assets or inventory.

management

Pros

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

Cons

• The average tenure for the State Trading Corporation of India board of directors is less than 3 years, this suggests a new board.
• The average tenure for the State Trading Corporation of India management team is less than 2 years, this suggests a new team.

misc

Pros

Cons

• State Trading Corporation of India is not covered by any analysts.
• State Trading Corporation of India has significant price volatility in the past 3 months.

past

Pros

Cons

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

value

Pros

• State Trading Corporation of India's share price is below the future cash flow value, and at a moderate discount (> 20%).
• State Trading Corporation of India's share price is below the future cash flow value, and at a substantial discount (> 40%).
• BSE:512531 is up 31.4% outperforming the Trade Distributors industry which returned 6.8% over the past month.
• BSE:512531 is up 31.4% outperforming the market in India which returned 8% over the past month.

Cons

• State Trading Corporation of India has negative assets, we can't compare the value of its assets to the IN Trade Distributors industry average.
• State Trading Corporation of India is loss making, we can't compare its value to the IN Trade Distributors industry average.
• State Trading Corporation of India is loss making, we can't compare the value of its earnings to the India market.
• 512531 underperformed the Trade Distributors industry which returned -5.6% over the past year.
• 512531 underperformed the Market in India which returned -14.5% over the past year.