Monte Carlo Fashions Limited engages in manufacturing, and trading woolen/cotton readymade apparels under the Monte Carlo brand primarily in India.
Excellent balance sheet and good value.
Share Price & News
How has Monte Carlo Fashions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 538836's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 538836 underperformed the Indian Luxury industry which returned -26.7% over the past year.
Return vs Market: 538836 underperformed the Indian Market which returned -29.3% over the past year.
Price Volatility Vs. Market
How volatile is Monte Carlo Fashions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Monte Carlo Fashions undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 538836 (₹129.85) is trading below our estimate of fair value (₹346.66)
Significantly Below Fair Value: 538836 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 538836 is good value based on its PE Ratio (5x) compared to the Luxury industry average (7.8x).
PE vs Market: 538836 is good value based on its PE Ratio (5x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 538836's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 538836 is overvalued based on its PB Ratio (0.6x) compared to the IN Luxury industry average (0.4x).
How is Monte Carlo Fashions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Monte Carlo Fashions 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.
- Examine whether Monte Carlo Fashions 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.
- Monte Carlo Fashions competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Monte Carlo Fashions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 538836 has high quality earnings.
Growing Profit Margin: 538836's current net profit margins (7.6%) are lower than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: 538836's earnings have declined by -0.2% per year over the past 5 years.
Accelerating Growth: 538836's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 538836 had negative earnings growth (-12.2%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).
Return on Equity
High ROE: 538836's Return on Equity (11.2%) is considered low.
How is Monte Carlo Fashions's financial position?
Financial Position Analysis
Short Term Liabilities: 538836's short term assets (₹7.0B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: 538836's short term assets (₹7.0B) exceed its long term liabilities (₹992.1M).
Debt to Equity History and Analysis
Debt Level: 538836's debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 538836's debt to equity ratio has increased from 31.1% to 36.7% over the past 5 years.
Debt Coverage: 538836's debt is well covered by operating cash flow (43.2%).
Interest Coverage: 538836's interest payments on its debt are well covered by EBIT (6.5x coverage).
Inventory Level: 538836 has a high level of physical assets or inventory.
Debt Coverage by Assets: 538836's debt is covered by short term assets (assets are 4x debt).
What is Monte Carlo Fashions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 538836's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 538836'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 538836's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 538836's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 538836 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 538836's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jawahar Oswal (76yo)
Mr. Jawahar Lal Oswal has been the Managing Director and Director of Monte Carlo Fashions Limited since August 10, 2011. Mr. Oswal serves as the Chairman and at Nahar Poly Films Limitedand served as its Ma ...
|Chairman & MD||8.58yrs||no data||0.54% ₹15.5m|
|Executive Director||11.67yrs||₹18.83m||0.0017% ₹47.8k|
|Executive Director||3.58yrs||₹9.18m||1.66% ₹47.7m|
|Executive Director||3.58yrs||₹9.05m||1.66% ₹47.7m|
|President of Commercial & Executive Director||1.83yrs||₹6.98m||0.0024% ₹69.4k|
|Independent Director||5.75yrs||₹75.00k||no data|
|Non-Executive Non-Independent Director||11.67yrs||₹125.00k||0.0097% ₹277.9k|
|Independent Director||6yrs||₹75.00k||no data|
|Independent Director||7.75yrs||no data||no data|
|Independent Director||5.75yrs||₹100.00k||no data|
Experienced Board: 538836's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 538836 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Monte Carlo Fashions Limited's company bio, employee growth, exchange listings and data sources
- Name: Monte Carlo Fashions Limited
- Ticker: 538836
- Exchange: BSE
- Founded: 2008
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹2.880b
- Shares outstanding: 20.73m
- Website: https://www.montecarlocorporate.com
Number of Employees
- Monte Carlo Fashions Limited
- B-XXIX-106 G.T. Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|538836||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2014|
|MONTECARLO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Dec 2014|
Monte Carlo Fashions Limited engages in manufacturing, and trading woolen/cotton readymade apparels under the Monte Carlo brand primarily in India. The company provides shirts, trousers, denims, Bermudas, lowers, hi-street fashion shirts, tops, dresses, jumpsuits, urban tunics, shrugs, shorts, capris, narrow pants, leggings, track suits, T-shirts, ties, belts, and socks for men, women, and tweens. It also offers home furnishings and kids’ apparel. The company sells its products through approximately 262 executive brand outlets, 2,500 multiple brand outlets, and 306 national chain stores, as well as through e-commerce Websites. Monte Carlo Fashions Limited was incorporated in 2008 and is based in Ludhiana, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 13:20|
|End of Day Share Price||2020/03/30 00:00|
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.