Tasty Bite Eatables Analysis

dividend

Pros

Cons

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

health

Pros

• Tasty Bite Eatables is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Tasty Bite Eatables is profitable, therefore cash runway is not a concern.
• Tasty Bite Eatables is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (67.3%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 2.8x debt.
• Tasty Bite Eatables'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 (97.2% vs 33.5% today).
• Interest payments on debt are well covered by earnings (EBIT is 7.9x coverage).
• Tasty Bite Eatables's level of debt (33.5%) compared to net worth is satisfactory (less than 40%).

Cons

• High level of physical assets or inventory.

management

Pros

• Abhijit's remuneration is lower than average for companies of similar size in India.
• The average tenure for the Tasty Bite Eatables management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

• The average tenure for the Tasty Bite Eatables board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• Tasty Bite Eatables is not covered by any analysts.
• Tasty Bite Eatables has significant price volatility in the past 3 months.

past

Pros

• Tasty Bite Eatables's 1-year earnings growth exceeds its 5-year average (35.8% vs 23.3%)
• Tasty Bite Eatables has delivered over 20% year on year earnings growth in the past 5 years.
• Tasty Bite Eatables used its assets more efficiently than the IN Food industry average last year based on Return on Assets.
• Tasty Bite Eatables has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
• Tasty Bite Eatables's earnings growth has exceeded the IN Food industry average in the past year (35.8% vs 20.5%).

Cons

• Tasty Bite Eatables's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

value

Pros

• TASTYBITE outperformed the Food industry which returned 18.8% over the past year.
• TASTYBITE outperformed the Market in India which returned -14.5% over the past year.
• NSEI:TASTYBITE is up 19.9% outperforming the Food industry which returned 5% over the past month.
• NSEI:TASTYBITE is up 19.9% outperforming the market in India which returned 8% over the past month.

Cons

• Tasty Bite Eatables's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Tasty Bite Eatables's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• Tasty Bite Eatables is overvalued based on assets compared to the IN Food industry average.
• Tasty Bite Eatables is overvalued based on earnings compared to the IN Food industry average.
• Tasty Bite Eatables is overvalued based on earnings compared to the India market.