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
Goenka Diamond and Jewels. 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
Goenka Diamond and Jewels's
is considered below, and whether this is a fair price.
Price based on past earnings
Goenka Diamond and Jewels'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 Goenka Diamond and Jewels 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
Goenka Diamond and Jewels
expected to grow at an
Unable to compare Goenka Diamond and Jewels's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Goenka Diamond and Jewels's earnings growth to the India market average as no estimate data is available.
Unable to compare Goenka Diamond and Jewels's revenue growth to the India market average as no estimate data is available.
Unable to determine if Goenka Diamond and Jewels is high growth as no earnings estimate data is available.
Unable to determine if Goenka Diamond and Jewels 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.
Goenka Diamond and Jewels'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.
Goenka Diamond and Jewels
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
Goenka Diamond and Jewels's finances.
The net worth of a company is the difference between its assets and liabilities.
Goenka Diamond and Jewels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Goenka Diamond and Jewels's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Goenka Diamond and Jewels'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.
Low level of unsold assets.
Debt is covered by short term assets, assets are 4.3x 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.
Mr. Nandlal Shubkaran Goenka is the Founder of Goenka Diamond and Jewels Limited and serves as its Acting Chief Executive Officer. Mr. Goenka has been an Acting Compliance Officer of Goenka Diamond and Jewels Limited since December 1, 2018. He was Compliance Officer of Goenka Diamond and Jewels Limited since June 19, 2018 until July 23, 2018. He has over 40 years of experience in the jewellery export, retail and designing business. He was the first jeweller whose achievements in the gems and jewellery sector were featured in national television in 1992, in a programme titled - The Face in the Crowd. Mr. Goenka was the Vice President of Federation of Rajasthan Trade and Industry. He has been Chairman at Goenka Diamond and Jewels Limited since April 15, 2008 and has been its Whole-Time Director since October 28, 2002. He was honoured with National Unity Award' by the Governor of Rajasthan on June 26, 1993 for outstanding services achievements and contributions at the 34th All India National Unity Conference in Jaipur. Mr. Goenka holds a graduate degree in chemicals from Rajasthan University, Jaipur.
Nandlal's compensation has been consistent with company performance over the past year.
Nandlal's remuneration is lower than average for companies of similar size in India.
Chief Operating Officer
General Manager of Sales
General Manager of Diamond Cutting Department
General Manager of G WILD jewellery marketing
General Manager of Production
General Manager of Rough Diamonds Purchase Department
Sales Manager of CERES brand
Board of Directors Tenure
Average tenure and age of the
Goenka Diamond and Jewels
board of directors in years:
The tenure for the Goenka Diamond and Jewels board of directors is about average.
Goenka Diamond and Jewels Limited engages in the cutting, polishing, and sale of diamonds in India. The company operates in two segments, Diamond and Gem, and Retail Jewellery. It is also involved in the manufacture and retail of diamond jewelry. The company supplies polished diamonds primarily to wholesalers, jewelry manufacturers, traders, and retailers in India, Hong Kong, South East Asia, and the United States. Goenka Diamond and Jewels Limited was incorporated in 1990 and is based in Mumbai, India.
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