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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Sumeet Industries. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Sumeet Industries's earnings available for a low price, and how does
this compare to other companies in the same industry?
Sumeet Industries's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if Sumeet Industries 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.
Sumeet Industries's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Sumeet Industries's finances.
The net worth of a company is the difference between its assets and liabilities.
Sumeet Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Sumeet Industries's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Sumeet Industries'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
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 1.2x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Sumeet Kumar Shankarlal Somani serves as the Managing Director of Sumeet Industries Limited and served as its Chief Financial Officer. Mr. Somani served as Director of Administration at Sumeet Industries Ltd. He has been an Executive Director at Sumeet Industries Ltd., since June 01, 2004. He serves as a Director of Somani Overseas Pvt. Ltd., Sitaram Prints Pvt. Ltd. and Sanya Fashions. He is managing a process house of Sanya Fashions at Pandesra. Mr. Somani holds an M.Com. from South Gujarat University, Gujarat and Diploma in Business Management from SP Jain Institute of Management & Research, Mumbai.
Sumeet Kumar's compensation has increased whilst company is loss making.
Sumeet Kumar's remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Sumeet Industries management team is less than 2 years, this suggests a new team.
Sumeet Kumar Somani
MD & Executive Director
Chief Financial Officer
Company Secretary & Compliance Officer
Personnel & Administration Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Sumeet Industries board of directors is about average.
Sumeet Industries Limited manufactures and sells yarns in India. It offers polyester chips, partially oriented yarns, fully draw yarns, polyester texturized yarns, and carpet yarns. Sumeet Industries Limited also exports its products to Egypt, Saudi Arabia, China, Argentina, Poland, Vietnam, the Philippines, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, the United States, Singapore, Turkey, etc. The company was formerly known as Sumeet Synthetics Limited and changed its name to Sumeet Industries Limited in 1996. Sumeet Industries Limited was incorporated in 1988 and is based in Surat, India.
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