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5004

Timex Group IndiaBSE:500414 Stock Report

Market Cap

₹5.9b

7D

-8.0%

1Y

166.8%

Updated

19 Oct, 2021

Data

Company Financials
500414 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

500414 Overview

Timex Group India Limited designs, manufactures, and markets timepieces and jewelry worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Timex Group India
Historical stock prices
Current Share Price₹58.30
52 Week High₹20.60
52 Week Low₹64.95
Beta0.89
1 Month Change21.08%
3 Month Change52.42%
1 Year Change166.82%
3 Year Change26.33%
5 Year Change-3.24%
Change since IPO628.75%

Recent News & Updates

Shareholder Returns

500414IN LuxuryIN Market
7D-8.0%5.1%2.8%
1Y166.8%111.3%68.3%

Return vs Industry: 500414 exceeded the Indian Luxury industry which returned 111.3% over the past year.

Return vs Market: 500414 exceeded the Indian Market which returned 68.3% over the past year.

Price Volatility

Is 500414's price volatile compared to industry and market?
500414 volatility
500414 Beta0.89
Industry Beta0.72
Market Beta1

Stable Share Price: 500414 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 500414's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1854348Sharmila Sahaihttps://www.timexindia.com

Timex Group India Limited designs, manufactures, and markets timepieces and jewelry worldwide. The company offers wrist watches for men, women, and children under the Timex, Timex Ironman, Nautica, Marc Ecko, Helix, Salvatore Ferragamo, Guess, Gc, and Versace brand names. It also provides information and technology support services to group companies, as well as offers after sales services.

Timex Group India Fundamentals Summary

How do Timex Group India's earnings and revenue compare to its market cap?
500414 fundamental statistics
Market Cap₹5.89b
Earnings (TTM)-₹8.70m
Revenue (TTM)₹1.66b

3.5x

P/S Ratio

-676.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500414 income statement (TTM)
Revenue₹1.66b
Cost of Revenue₹904.70m
Gross Profit₹756.80m
Expenses₹765.50m
Earnings-₹8.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 27, 2021

Earnings per share (EPS)-0.086
Gross Margin45.55%
Net Profit Margin-0.52%
Debt/Equity Ratio121.4%

How did 500414 perform over the long term?

See historical performance and comparison

Valuation

Is Timex Group India undervalued compared to its fair value and its price relative to the market?

46.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 500414 (₹58.3) is trading above our estimate of fair value (₹42.75)

Significantly Below Fair Value: 500414 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500414 is unprofitable, so we can't compare its PE Ratio to the Indian Luxury industry average.

PE vs Market: 500414 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500414's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500414 is overvalued based on its PB Ratio (46.9x) compared to the IN Luxury industry average (1.2x).


Future Growth

How is Timex Group India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.9%

Forecasted Consumer Durables industry annual growth in earnings


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 Timex Group India 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 SimplyWall St do have past financial data.


Past Performance

How has Timex Group India performed over the past 5 years?

-18.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500414 is currently unprofitable.

Growing Profit Margin: 500414 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 500414 is unprofitable, and losses have increased over the past 5 years at a rate of 18.8% per year.

Accelerating Growth: Unable to compare 500414's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 500414 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (73.8%).


Return on Equity

High ROE: 500414 has a negative Return on Equity (-6.93%), as it is currently unprofitable.


Financial Health

How is Timex Group India's financial position?


Financial Position Analysis

Short Term Liabilities: 500414's short term assets (₹851.3M) exceed its short term liabilities (₹745.2M).

Long Term Liabilities: 500414's short term assets (₹851.3M) exceed its long term liabilities (₹186.3M).


Debt to Equity History and Analysis

Debt Level: 500414's debt to equity ratio (121.4%) is considered high.

Reducing Debt: 500414 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 500414 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 500414 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.7% per year.


Dividend

What is Timex Group India current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500414's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500414's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500414's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500414's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500414's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.1yrs

Average management tenure


CEO

Sharmila Sahai

7.92yrs

Tenure

₹8,525,845

Compensation

Ms. Sharmila Sahai has been Managing Director at Timex Group India Limited since November 18, 2013 and served as its Managing Director of Commercial since November 18, 2013. Ms. Sahai served as Managing Di...


CEO Compensation Analysis

Compensation vs Market: Sharmila's total compensation ($USD113.18K) is above average for companies of similar size in the Indian market ($USD38.87K).

Compensation vs Earnings: Sharmila's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500414's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: 500414's board of directors are considered experienced (9.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Timex Group India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Timex Group India Limited
  • Ticker: 500414
  • Exchange: BSE
  • Founded: 1854
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹5.885b
  • Shares outstanding: 100.95m
  • Website: https://www.timexindia.com

Number of Employees


Location

  • Timex Group India Limited
  • World Trade Tower
  • Tower B, 3rd Floor
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:33
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.