Bang Overseas
Market Cap
₹254.3m
Last Updated
2020/02/16 12:52 UTC
Data Sources
Company Financials
Executive Summary
Bang Overseas Limited, together with its subsidiaries, manufactures and trades in textile and textile products in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Share Price & News
How has Bang Overseas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532946's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
10.0%
532946
0.2%
IN Luxury
-0.4%
IN Market
1 Year Return
-60.6%
532946
16.6%
IN Luxury
11.1%
IN Market
Return vs Industry: 532946 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 532946 underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| 532946 | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.0% | 0.2% | -0.4% |
| 30 Day | -20.6% | 3.3% | -1.2% |
| 90 Day | 10.3% | 8.5% | 3.3% |
| 1 Year | -60.6%-60.6% | 17.3%16.6% | 13.0%11.1% |
| 3 Year | -60.6%-60.6% | 53.8%52.0% | 25.3%18.6% |
| 5 Year | 88.4%88.4% | 103.0%96.4% | 35.4%23.1% |
Price Volatility Vs. Market
How volatile is Bang Overseas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Bang Overseas undervalued compared to its fair value and its price relative to the market?
2.98x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532946 (₹18.75) is trading above our estimate of fair value (₹0.38)
Significantly Below Fair Value: 532946 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532946 is good value based on its PE Ratio (3x) compared to the Luxury industry average (11x).
PE vs Market: 532946 is good value based on its PE Ratio (3x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532946's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532946 is good value based on its PB Ratio (0.3x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Bang Overseas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.8%
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 Bang Overseas 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.
Next Steps
- Examine whether Bang Overseas is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Bang Overseas competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Bang Overseas performed over the past 5 years?
52.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532946 has a large one-off gain of ₹83.5M impacting its December 31 2019 financial results.
Growing Profit Margin: 532946's current net profit margins (7.6%) are higher than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: 532946 has become profitable over the past 5 years, growing earnings by 52.4% per year.
Accelerating Growth: 532946's earnings growth over the past year (905.8%) exceeds its 5-year average (52.4% per year).
Earnings vs Industry: 532946 earnings growth over the past year (905.8%) exceeded the Luxury industry 2.7%.
Return on Equity
High ROE: 532946's Return on Equity (10.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Bang Overseas's financial position?
Financial Position Analysis
Short Term Liabilities: 532946's short term assets (₹1.2B) exceed its short term liabilities (₹632.2M).
Long Term Liabilities: 532946's short term assets (₹1.2B) exceed its long term liabilities (₹108.3M).
Debt to Equity History and Analysis
Debt Level: 532946's debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 532946's debt to equity ratio has reduced from 106.8% to 34.7% over the past 5 years.
Balance Sheet
Inventory Level: 532946 has a high level of physical assets or inventory.
Debt Coverage by Assets: 532946's debt is covered by short term assets (assets are 4.1x debt).
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: 532946 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if 532946 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Bang Overseas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 532946's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 532946's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 532946's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532946'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 532946'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?
7.0yrs
Average board tenure
CEO
Brijgopal Bang (52yo)
13.2yrs
Tenure
₹3,800,004
Compensation
Mr. Brijgopal Balaram Bang serves as the Managing Director of Thomas Scott (India) Limited. Mr. Bang has been Managing Director of Bang Overseas Ltd. since December 1, 2006 and has been its Chairman of the ...
CEO Compensation Analysis
Compensation vs Market: Brijgopal's total compensation ($USD53.14K) is about average for companies of similar size in the Indian market ($USD50.14K).
Compensation vs Earnings: Brijgopal's compensation has increased by more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 13.2yrs | ₹3.80m | 12.72% ₹32.3m | |
| Additional Independent Director | 2yrs | ₹10.00k | no data | |
| Independent Director | 7yrs | ₹32.00k | no data | |
| Non-Independent Non-Executive Director | 7yrs | no data | 5.09% ₹12.9m | |
| Independent Director | 5yrs | ₹30.00k | no data |
7.0yrs
Average Tenure
50yo
Average Age
Experienced Board: 532946's board of directors are considered experienced (7 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
Bang Overseas Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bang Overseas Limited
- Ticker: 532946
- Exchange: BSE
- Founded: 1992
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹254.250m
- Shares outstanding: 13.56m
- Website: https://www.banggroup.com
Number of Employees
Location
- Bang Overseas Limited
- Unit No. 405-406, Kewal Industrial Estate
- 4th floor
- Mumbai
- Maharashtra
- 400013
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532946 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 2008 |
| BANG | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Feb 2008 |
Biography
Bang Overseas Limited, together with its subsidiaries, manufactures and trades in textile and textile products in India and internationally. The company offers men’s formal and casual wear under the Thomas Scott, Italian Gold, Hammersmith, Bang & Scott, Bang Europa, and FCC brand names. It is also involved in the trading of fabric products. Bang Overseas Limited was founded in 1992 and is based in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 12:52 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.