Styrenix Performance Materials Analysis

dividend

Pros

Cons

• INEOS Styrolution India is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
• No need to calculate the sustainability of INEOS Styrolution India's dividends as it is not paying a notable one for India.
• INEOS Styrolution India is not paying a notable dividend for India, therefore no need to check if the payments are stable.
• INEOS Styrolution India's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
• INEOS Styrolution India's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• INEOS Styrolution India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• INEOS Styrolution India has been profitable on average in the past, therefore cash runway is not a concern.
• INEOS Styrolution India has been profitable on average in the past, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (68.8%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 3.9x debt.
• INEOS Styrolution India's cash and other short term assets cover its long term commitments.
• INEOS Styrolution India's level of debt (25.1%) compared to net worth is satisfactory (less than 40%).

Cons

• The level of debt compared to net worth has increased over the past 5 years (24.7% vs 25.1% today).
• INEOS Styrolution India is making a loss, therefore interest payments are not well covered by earnings.
• High level of physical assets or inventory.

management

Pros

• The tenure for the INEOS Styrolution India board of directors is about average.
• The tenure for the INEOS Styrolution India management team is about average.

Cons

• Sanjiv's remuneration is higher than average for companies of similar size in India.
• Sanjiv's compensation has increased whilst company is loss making.

misc

Pros

Cons

• INEOS Styrolution India is not covered by any analysts.

past

Pros

Cons

• Unable to compare INEOS Styrolution India's 1-year earnings growth to the 5-year average as it is not currently profitable.
• INEOS Styrolution 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 INEOS Styrolution India has efficiently used its assets last year compared to the IN Chemicals industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if INEOS Styrolution India 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 INEOS Styrolution India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare INEOS Styrolution India's 1-year growth to the IN Chemicals industry average as it is not currently profitable.

value

Pros

• INEOSSTYRO outperformed the Chemicals industry which returned 2.2% over the past year.
• INEOSSTYRO outperformed the Market in India which returned -14.5% over the past year.
• NSEI:INEOSSTYRO is up 12.1% outperforming the Chemicals industry which returned 6.9% over the past month.
• NSEI:INEOSSTYRO is up 12.1% outperforming the market in India which returned 8% over the past month.

Cons

• INEOS Styrolution India's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• INEOS Styrolution India's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• INEOS Styrolution India is overvalued based on assets compared to the IN Chemicals industry average.
• INEOS Styrolution India is loss making, we can't compare its value to the IN Chemicals industry average.
• INEOS Styrolution India is loss making, we can't compare the value of its earnings to the India market.