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
Alka India. 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
Alka India's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Alka 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 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
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
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Alka India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Alka India's earnings growth to the India market average as no estimate data is available.
Unable to compare Alka India's revenue growth to the India market average as no estimate data is available.
Unable to determine if Alka India is high growth as no earnings estimate data is available.
Unable to determine if Alka India 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.
Alka India'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.
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. Satish Ramswaroop Panchariya has been Additional Managing Director of Alka India Ltd since August 30, 2018. Mr. Panchariya served as an Executive Director of Alka India Limited (formerly, Alka Sales Pvt. Ltd.) until July 4, 2018 and was its Managing Director since May 11, 2018 until July 4, 2018. Mr. Panchariya is an Industrialist with extensive experience in financial markets. He is an entrepreneur and his first step to the world of business was in the year 1989 in the textile industry. He served as Managing Director of KSS Limited from August 14, 2015 to April 12, 2016. Mr. Panchariya has been Executive Chairman of KSS Limited since September 20, 2012. Mr. Panchariya served as the Chairman at Alka India Limited. He served as a Non-Executive Director of Citigold Corporation Limited from May 24, 2013 to September 22, 2013 and previously served as a Non-Executive Director since June 8, 2011. Mr. Panchariya has been a Director at KSS Limited since September 20, 2012. His professional focus lies in improving business financial performance and he was previously the Chairman of a regional cooperative bank. He established a company Alka Spinners Ltd. in the year 1989 and achieved exorbitant achievements in a very short span of time. He is honest ‘7 businessman, a motivating leader and a friendly counselor. His knowledge about corporate restructuring, mass psychology, IPOs and debt restructuring is also an outstanding achievement.
Insufficient data for Satish to compare compensation growth.
Satish's remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Alka India management team is less than 2 years, this suggests a new team.
Additional Managing Director
Chief Financial Officer
Company Secretary & Compliance officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Alka India board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Alka India Limited trades in bullion and textile garments in India and internationally. It is involved in importing, exporting, purchasing, selling, and dealing in various types of yarns, cloth, fibers, fabrics, and textiles made from cotton, rayon, etc. The company also operates as a trader, service provider, wholesaler, retailer, distributor, and exporter of precious and semi-precious metals, stones, gold, silver, diamonds, gems, jewelry, bullion, and other commodities, as well as related products and articles. In addition, the company provides and manages systematic and regular saving, systematic and regular advance purchase plans, accumulation and growth plans, schemes, and products and instruments, as well as consultancy, advisory, and liasioning services. Alka India Limited was incorporated in 1993 and is based in Mumbai, India.
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