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Swadeshi Industrial Works

COSE:SWAD.N0000
Snowflake Description

Mediocre balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SWAD.N0000
COSE
LKR2B
Market Cap
  1. Home
  2. LK
  3. Household
Company description

The Swadeshi Industrial Works PLC, together with its subsidiaries, manufactures, markets, and sells toilet and laundry soaps, detergents, and personal care products in Sri Lanka. The last earnings update was 54 days ago. More info.


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SWAD.N0000 Share Price and Events
7 Day Returns
0%
COSE:SWAD.N0000
-2.1%
Asia Personal Products
0%
LK Market
1 Year Returns
-
COSE:SWAD.N0000
-16.8%
Asia Personal Products
-20.8%
LK Market
SWAD.N0000 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Swadeshi Industrial Works (SWAD.N0000) 0% 0% - - 10.4% 24.1%
Asia Personal Products -2.1% -5.6% -13.2% -16.8% 8.1% 3.3%
LK Market 0% -15.9% -27% -20.8% -30.6% -37.1%
1 Year Return vs Industry and Market
  • No trading data on SWAD.N0000.
  • No trading data on SWAD.N0000.
Price Volatility
SWAD.N0000
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Swadeshi Industrial Works's competitors could be found in our database.

Value

 Is Swadeshi Industrial Works undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Swadeshi Industrial Works to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Swadeshi Industrial Works.

COSE:SWAD.N0000 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in LKR LKR 1.000000
Payout Ratio Company Filings (2019-12-31) 42.3%
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year LK Government Bond Rate 3.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for COSE:SWAD.N0000
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year LK Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 11.1%
Personal Products Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.596 (1 + (1- 28%) (18%))
0.688
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.43% + (0.8 * 11.14%)
12.34%

Discounted Cash Flow Calculation for COSE:SWAD.N0000 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Swadeshi Industrial Works is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

COSE:SWAD.N0000 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= LKR1 / (12.34% - 3.43%)
LKR9.18
COSE:SWAD.N0000 Discount to Share Price
Calculation Result
Value per share (LKR) From above. LKR9.18
Current discount Discount to share price of LKR14,900.00
= -1 x (LKR14,900.00 - LKR9.18) / LKR9.18
-162215.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Swadeshi Industrial Works is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Swadeshi Industrial Works's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Swadeshi Industrial Works's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
COSE:SWAD.N0000 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in LKR LKR97.73
COSE:SWAD.N0000 Share Price ** COSE (2020-03-13) in LKR LKR14900
Asia Personal Products Industry PE Ratio Median Figure of 124 Publicly-Listed Personal Products Companies 20.32x
Sri Lanka Market PE Ratio Median Figure of 184 Publicly-Listed Companies 7.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Swadeshi Industrial Works.

COSE:SWAD.N0000 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= COSE:SWAD.N0000 Share Price ÷ EPS (both in LKR)

= 14900 ÷ 97.73

152.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swadeshi Industrial Works is overvalued based on earnings compared to the Asia Personal Products industry average.
  • Swadeshi Industrial Works is overvalued based on earnings compared to the Sri Lanka market.
Price based on expected Growth
Does Swadeshi Industrial Works's expected growth come at a high price?
Raw Data
COSE:SWAD.N0000 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 152.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Personal Products Industry PEG Ratio Median Figure of 43 Publicly-Listed Personal Products Companies 2.34x
Sri Lanka Market PEG Ratio Median Figure of 7 Publicly-Listed Companies 0.42x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Swadeshi Industrial Works, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Swadeshi Industrial Works's assets?
Raw Data
COSE:SWAD.N0000 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in LKR LKR5,359.01
COSE:SWAD.N0000 Share Price * COSE (2020-03-13) in LKR LKR14900
Asia Personal Products Industry PB Ratio Median Figure of 172 Publicly-Listed Personal Products Companies 1.59x
Sri Lanka Market PB Ratio Median Figure of 255 Publicly-Listed Companies 0.53x
COSE:SWAD.N0000 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= COSE:SWAD.N0000 Share Price ÷ Book Value per Share (both in LKR)

= 14900 ÷ 5,359.01

2.78x

* Primary Listing of Swadeshi Industrial Works.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swadeshi Industrial Works is overvalued based on assets compared to the Asia Personal Products industry average.
X
Value checks
We assess Swadeshi Industrial Works's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Personal Products industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Personal Products industry average (and greater than 0)? (1 check)
  5. Swadeshi Industrial Works has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Swadeshi Industrial Works expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Swadeshi Industrial Works has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.2%
Expected Personal Products industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Swadeshi Industrial Works expected to grow at an attractive rate?
  • Unable to compare Swadeshi Industrial Works's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Swadeshi Industrial Works's earnings growth to the Sri Lanka market average as no estimate data is available.
  • Unable to compare Swadeshi Industrial Works's revenue growth to the Sri Lanka market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
COSE:SWAD.N0000 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Personal Products Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
Asia Personal Products Industry Revenue Growth Rate Market Cap Weighted Average 6.6%
Sri Lanka Market Earnings Growth Rate Market Cap Weighted Average 19.4%
Sri Lanka Market Revenue Growth Rate Market Cap Weighted Average 15.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
COSE:SWAD.N0000 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in LKR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
COSE:SWAD.N0000 Past Financials Data
Date (Data in LKR Millions) Revenue Cash Flow Net Income *
2019-12-31 2,362 -13 15
2019-09-30 2,306 -23 11
2019-06-30 2,237 55 15
2019-03-31 2,155 40 14
2018-12-31 2,115 20 31
2018-09-30 2,104 7 41
2018-06-30 2,035 19 26
2018-03-31 1,988 -54 10
2017-12-31 1,973 -102 -49
2017-09-30 1,918 29 -108
2017-06-30 1,938 -138 -123
2017-03-31 1,991 -139 -134

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Swadeshi Industrial Works is high growth as no earnings estimate data is available.
  • Unable to determine if Swadeshi Industrial Works is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
COSE:SWAD.N0000 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Swadeshi Industrial Works Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

COSE:SWAD.N0000 Past Financials Data
Date (Data in LKR Millions) EPS *
2019-12-31 97.73
2019-09-30 76.13
2019-06-30 99.51
2019-03-31 95.58
2018-12-31 214.13
2018-09-30 285.83
2018-06-30 172.16
2018-03-31 71.46
2017-12-31 -338.88
2017-09-30 -772.16
2017-06-30 -940.25
2017-03-31 -1,024.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Swadeshi Industrial Works will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Swadeshi Industrial Works's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Household companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Swadeshi Industrial Works's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Swadeshi Industrial Works has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Swadeshi Industrial Works performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Swadeshi Industrial Works's growth in the last year to its industry (Personal Products).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Swadeshi Industrial Works's year on year earnings growth rate has been positive over the past 5 years.
  • Swadeshi Industrial Works's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Swadeshi Industrial Works's 1-year earnings growth is negative, it can't be compared to the Asia Personal Products industry average.
Earnings and Revenue History
Swadeshi Industrial Works's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Swadeshi Industrial Works Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

COSE:SWAD.N0000 Past Revenue, Cash Flow and Net Income Data
Date (Data in LKR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,361.83 14.59 884.56
2019-09-30 2,305.83 11.37 848.97
2019-06-30 2,236.84 14.86 787.50
2019-03-31 2,154.79 14.27 743.53
2018-12-31 2,114.80 30.89 708.80
2018-09-30 2,104.45 41.23 692.39
2018-06-30 2,035.18 25.64 654.81
2018-03-31 1,987.79 10.31 643.67
2017-12-31 1,973.39 -49.02 668.76
2017-09-30 1,917.89 -108.10 658.99
2017-06-30 1,938.08 -122.86 673.53
2017-03-31 1,991.23 -133.85 698.47
2016-12-31 2,008.87 -63.55 675.38
2016-09-30 2,026.47 -22.35 690.72
2016-06-30 2,043.40 -3.93 702.07
2016-03-31 2,052.79 18.96 699.52
2015-12-31 1,814.48 26.33 666.82
2015-09-30 1,934.53 15.56 653.38
2015-06-30 2,025.05 5.22 646.40
2015-03-31 2,163.83 7.58 644.33
2014-12-31 2,376.69 -17.83 672.79
2014-09-30 2,348.33 -14.95 684.87
2014-06-30 2,322.59 -1.86 685.21
2014-03-31 2,288.64 7.61 672.15
2013-12-31 2,277.83 43.31 629.22
2013-09-30 2,305.86 38.59 626.61
2013-06-30 2,351.49 24.99 623.05

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Swadeshi Industrial Works has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Swadeshi Industrial Works used its assets less efficiently than the Asia Personal Products industry average last year based on Return on Assets.
  • Swadeshi Industrial Works has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Swadeshi Industrial Works's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Personal Products industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Swadeshi Industrial Works has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Swadeshi Industrial Works's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Swadeshi Industrial Works's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Swadeshi Industrial Works is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Swadeshi Industrial Works's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Swadeshi Industrial Works's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Swadeshi Industrial Works Company Filings, last reported 3 months ago.

COSE:SWAD.N0000 Past Debt and Equity Data
Date (Data in LKR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 806.15 398.94 23.75
2019-09-30 792.11 387.37 8.45
2019-06-30 768.27 422.56 13.24
2019-03-31 765.19 481.17 5.64
2018-12-31 777.54 372.74 10.86
2018-09-30 769.51 342.71 12.19
2018-06-30 859.88 392.04 33.61
2018-03-31 742.77 528.31 31.38
2017-12-31 836.92 375.35 28.02
2017-09-30 814.55 366.98 39.20
2017-06-30 682.97 495.20 48.46
2017-03-31 673.40 640.53 35.53
2016-12-31 735.57 442.30 27.45
2016-09-30 155.45 553.13 36.35
2016-06-30 138.82 504.88 45.69
2016-03-31 189.37 491.60 40.94
2015-12-31 156.04 489.54 30.38
2015-09-30 157.24 456.56 36.59
2015-06-30 143.24 336.09 59.10
2015-03-31 144.17 419.04 54.72
2014-12-31 125.58 437.56 45.07
2014-09-30 131.86 452.36 47.65
2014-06-30 133.20 447.34 53.25
2014-03-31 132.46 422.14 47.25
2013-12-31 143.31 422.85 43.59
2013-09-30 146.70 411.27 30.65
2013-06-30 132.47 395.80 45.49
  • Swadeshi Industrial Works's level of debt (49.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (337.1% vs 49.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Swadeshi Industrial Works's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Swadeshi Industrial Works has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Swadeshi Industrial Works's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.01%
Current annual income from Swadeshi Industrial Works dividends.
If you bought LKR2,000 of Swadeshi Industrial Works shares you are expected to receive LKR0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Swadeshi Industrial Works's pays a lower dividend yield than the bottom 25% of dividend payers in Sri Lanka (2.85%).
  • Swadeshi Industrial Works's dividend is below the markets top 25% of dividend payers in Sri Lanka (7.65%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
COSE:SWAD.N0000 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Personal Products Industry Average Dividend Yield Market Cap Weighted Average of 103 Stocks 1.6%
Sri Lanka Market Average Dividend Yield Market Cap Weighted Average of 149 Stocks 5.7%
Sri Lanka Minimum Threshold Dividend Yield 10th Percentile 1.7%
Sri Lanka Bottom 25% Dividend Yield 25th Percentile 2.8%
Sri Lanka Top 25% Dividend Yield 75th Percentile 7.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

COSE:SWAD.N0000 Past Annualized Dividends Data
Date (Data in LKR) Dividend per share (annual) Avg. Yield (%)
2019-07-23 1.000 0.007
2018-09-07 1.000 0.007
2017-11-01 1.000 0.008
2016-11-28 1.000 0.007
2015-08-31 1.000 0.007
2014-07-31 1.000 0.007
2013-08-16 0.000 0.000
2012-08-09 1.000 0.011
2010-04-20 1.000 0.026

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swadeshi Industrial Works is not paying a notable dividend for Sri Lanka, therefore no need to check if the payments are stable.
  • Swadeshi Industrial Works is not paying a notable dividend for Sri Lanka, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Swadeshi Industrial Works's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Swadeshi Industrial Works's dividends as it is not paying a notable one for Sri Lanka.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Swadeshi Industrial Works's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Swadeshi Industrial Works afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Swadeshi Industrial Works has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Swadeshi Industrial Works's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Amila Udawatte
CEO Bio

Mr. Amila Udawatte serves as Chief Executive Officer at The Swadeshi Industrial Works PLC. He is a Fellow of Institute of Charted Accountant of Sri Lanka. He also holds Masters Degree in Business Administration from Postgraduate Institute of management and Bachelor of Science Degree in Finance from the University of Sri Jayawardenapura. He has experience in management at KPMG Sri Lanka and was holding the post of Associate Director prior to being appointed as Chief Executive Officer.

CEO Compensation
  • Insufficient data for Amila to compare compensation growth.
  • Insufficient data for Amila to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Amila Udawatte

TITLE
Chief Executive Officer

Neranjan Keerthirathna

TITLE
Sales Manager

Chaminda Jayasinghe

TITLE
Marketing Manager

Pragathi Ratnakara

TITLE
Human Resource Manager

Padmasiri Muthukuda

TITLE
Deputy GM of Research Development & Quality Assurance
Board of Directors Tenure

Average tenure of the Swadeshi Industrial Works board of directors in years:

4.2
Average Tenure
  • The tenure for the Swadeshi Industrial Works board of directors is about average.
Board of Directors

Amari Wijewardene

TITLE
Chairperson

Chulodara Sairandri Samarasinghe

TITLE
Deputy Chairperson & MD
TENURE
4.2 yrs

Padmasiri Muthukuda

TITLE
Deputy GM of Research Development & Quality Assurance
TENURE
4.2 yrs

Thushantha Wijemanna

TITLE
Non-Executive Independent Director
TENURE
8.8 yrs

V. Mahinda J. Perera

TITLE
Non-Executive Director
AGE
72

Pravir Samarasinghe

TITLE
Non-Executive Director

Hugh Kavinda Abeyesinghe

TITLE
Non-Executive Independent Director
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (LKR) Value (LKR)
X
Management checks
We assess Swadeshi Industrial Works's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Swadeshi Industrial Works has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

The Swadeshi Industrial Works PLC, together with its subsidiaries, manufactures, markets, and sells toilet and laundry soaps, detergents, and personal care products in Sri Lanka. It offers a range of herbal baby and liquid soaps, as well as beauty products; herbal shampoos; herbal facial washes; herbal creams; floral perfumes; laundry soaps; detergent powders; liquid detergents; and cleaners primarily under the Rani, Khomba, Khomba Baby, Black Eagle, Apsara, Perlwite, Lak Bar, Lady, Safeplus, and Little Princess brand names. The company sells its products through distributors, as well as directly to institutional customers. The Swadeshi Industrial Works PLC was founded in 1938 and is based in Kandana, Sri Lanka.

Details
Name: The Swadeshi Industrial Works PLC
SWAD.N0000
Exchange: COSE
Founded: 1938
LKR2,225,061,700
149,333
Website: http://www.swadeshiherbal.com
Address: The Swadeshi Industrial Works PLC
No. 57, Colombo Road,
Kandana,
Sri Lanka
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
COSE SWAD.N0000 Share Capital Colombo Stock Exchange LK LKR 17. Nov 1993
Number of employees
Current staff
Staff numbers
0
Swadeshi Industrial Works employees.
Industry
Personal Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 15:35
End of day share price update: 2020/03/13 00:00
Last earnings filing: 2020/02/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.