Uni Abex Alloy Products Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Dividends paid are thoroughly covered by earnings (9.4x coverage).
• Uni Abex Alloy Products's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
• Uni Abex Alloy Products's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Uni Abex Alloy Products is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Uni Abex Alloy Products is profitable, therefore cash runway is not a concern.
• Uni Abex Alloy Products is profitable, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (44.5%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 2.9x debt.
• Uni Abex Alloy Products'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 (80% vs 49.2% today).
• Interest payments on debt are well covered by earnings (EBIT is 8.3x coverage).

Cons

• Uni Abex Alloy Products's level of debt (49.2%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• The tenure for the Uni Abex Alloy Products board of directors is about average.
• Kishore's remuneration is lower than average for companies of similar size in India.
• Kishore's compensation has been consistent with company performance over the past year, both up more than 20%.
• The average tenure for the Uni Abex Alloy Products management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

misc

Pros

Cons

• Uni Abex Alloy Products is not covered by any analysts.
• Uni Abex Alloy Products has significant price volatility in the past 3 months.

past

Pros

• Uni Abex Alloy Products's 1-year earnings growth exceeds its 5-year average (157.7% vs 61.6%)
• Uni Abex Alloy Products has delivered over 20% year on year earnings growth in the past 5 years.
• Uni Abex Alloy Products used its assets more efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
• Uni Abex Alloy Products has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
• Uni Abex Alloy Products has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
• Uni Abex Alloy Products's earnings growth has exceeded the IN Metals and Mining industry average in the past year (157.7% vs -4.8%).

Cons

value

Pros

• Uni Abex Alloy Products is good value based on earnings compared to the IN Metals and Mining industry average.
• Uni Abex Alloy Products is good value based on earnings compared to the India market.
• 504605 outperformed the Metals and Mining industry which returned -28.6% over the past year.

Cons

• Uni Abex Alloy Products's share price is below the future cash flow value, but not at a moderate discount (< 20%).
• Uni Abex Alloy Products's share price is below the future cash flow value, but not at a substantial discount (< 40%).
• Uni Abex Alloy Products is overvalued based on assets compared to the IN Metals and Mining industry average.
• 504605 underperformed the Market in India which returned -14.5% over the past year.
• BSE:504605 is down -1.1% underperforming the Metals and Mining industry which returned 7.5% over the past month.
• BSE:504605 is down -1.1% underperforming the market in India which returned 8% over the past month.