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Active Clothing Co

BSE:541144
Snowflake Description

Proven track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
541144
BSE
₹403M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Active Clothing Co Limited engages in the design, manufacture, wholesale, and retail of designer woolen and cotton readymade garments for men, women, kids, and babies in India. The last earnings update was 169 days ago. More info.


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541144 Share Price and Events
7 Day Returns
-1%
BSE:541144
-2.1%
IN Luxury
-2.4%
IN Market
1 Year Returns
-
BSE:541144
-8.5%
IN Luxury
-9%
IN Market
541144 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Active Clothing Co (541144) -1% -6.3% -13% - - -
IN Luxury -2.1% -1.1% -3.2% -8.5% 49.4% 189.7%
IN Market -2.4% -4.1% -4% -9% 41.6% 79.8%
1 Year Return vs Industry and Market
  • No trading data on 541144.
  • No trading data on 541144.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Active Clothing Co undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Active Clothing Co. This is due to cash flow or dividend data being unavailable. The share price is ₹26.
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 Active Clothing Co's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Active Clothing Co's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:541144 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹1.53
BSE:541144 Share Price ** BSE (2019-02-13) in INR ₹26
India Luxury Industry PE Ratio Median Figure of 238 Publicly-Listed Luxury Companies 11.72x
India Market PE Ratio Median Figure of 2,718 Publicly-Listed Companies 15.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Active Clothing Co.

BSE:541144 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:541144 Share Price ÷ EPS (both in INR)

= 26 ÷ 1.53

17.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Active Clothing Co is overvalued based on earnings compared to the IN Luxury industry average.
  • Active Clothing Co is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Active Clothing Co's expected growth come at a high price?
Raw Data
BSE:541144 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
16.1%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 1.11x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Active Clothing Co, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Active Clothing Co's assets?
Raw Data
BSE:541144 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹36.78
BSE:541144 Share Price * BSE (2019-02-13) in INR ₹26
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.7x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
BSE:541144 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:541144 Share Price ÷ Book Value per Share (both in INR)

= 26 ÷ 36.78

0.71x

* Primary Listing of Active Clothing Co.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Active Clothing Co is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Active Clothing Co's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Active Clothing Co has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Active Clothing Co expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Active Clothing Co, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
16.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Active Clothing Co expected to grow at an attractive rate?
  • Active Clothing Co's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Active Clothing Co's earnings growth is positive but not above the India market average.
  • Unable to compare Active Clothing Co's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:541144 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:541144 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 16.1%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:541144 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:541144 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,274 66 24
2017-03-31 1,200 28 16
2016-03-31 1,120 70 15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Active Clothing Co's earnings are expected to grow by 16.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Active Clothing Co 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.
Raw Data
BSE:541144 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Active Clothing Co Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:541144 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 1.53
2017-03-31 1.41
2016-03-31 1.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Active Clothing Co will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Active Clothing Co's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Active Clothing Co has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Active Clothing Co performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Active Clothing Co's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Active Clothing Co's year on year earnings growth rate has been positive over the past 5 years.
  • Active Clothing Co's 1-year earnings growth exceeds its 5-year average (47.3% vs 8.8%)
  • Active Clothing Co's earnings growth has exceeded the IN Luxury industry average in the past year (47.3% vs 14%).
Earnings and Revenue History
Active Clothing Co's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Active Clothing Co Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:541144 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,273.53 23.71 167.57
2017-03-31 1,199.86 16.10 172.99
2016-03-31 1,119.89 15.30 160.59
2015-03-31 1,106.22 15.41 112.02
2014-03-31 1,029.83 14.38 75.48
2013-03-31 804.50 14.47 54.83

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Active Clothing Co has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Active Clothing Co used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Active Clothing Co's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Active Clothing Co's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Active Clothing Co has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Active Clothing Co's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Active Clothing Co's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Active Clothing Co is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Active Clothing Co's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Active Clothing Co'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 checks below.
Assets
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 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Active Clothing Co Company Filings, last reported 10 months ago.

BSE:541144 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 570.53 559.39 16.84
2017-03-31 296.41 676.53 9.53
2016-03-31 276.20 638.23 16.40
2015-03-31 260.09 483.80 7.50
2014-03-31 246.29 331.89 10.61
2013-03-31 118.82 355.02 21.40
  • Active Clothing Co's level of debt (98%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (297.9% vs 98% today).
  • Debt is not well covered by operating cash flow (11.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Active Clothing Co's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Active Clothing Co has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Active Clothing Co's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Active Clothing Co dividends.
If you bought ₹2,000 of Active Clothing Co shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Active Clothing Co's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Active Clothing Co's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:541144 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Active Clothing Co has not reported any payouts.
  • Unable to verify if Active Clothing Co's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Active Clothing Co's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Active Clothing Co has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Active Clothing Co's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Active Clothing Co afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Active Clothing Co has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Active Clothing Co's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Rajesh Mehra
COMPENSATION ₹1,200,000
CEO Bio

Mr. Rajesh Mehra is Managing Director and Executive Director at Active Clothing Co Limited.

CEO Compensation
  • Rajesh's compensation has been consistent with company performance over the past year.
  • Rajesh's remuneration is about average for companies of similar size in India.
Management Team

Rajesh Mehra

TITLE
Managing Director & Executive Director
COMPENSATION
₹1M

Amit Jaswal

TITLE
Chief Financial Officer

Avneet Bedi

TITLE
Company Secretary & Compliance Officer
Board of Directors

Rajesh Mehra

TITLE
Managing Director & Executive Director
COMPENSATION
₹1M

Rabindra Behera

TITLE
Independent Director

Renu Mehra

TITLE
Non- Executive Director
COMPENSATION
₹750K

Mahesh Saxena

TITLE
Independent Director

Kishore Bajaj

TITLE
Independent Director
TENURE
0.3 yrs

Naval Gupta

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Active Clothing Co's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Active Clothing Co has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Map
Description

Active Clothing Co Limited engages in the design, manufacture, wholesale, and retail of designer woolen and cotton readymade garments for men, women, kids, and babies in India. The company offers jackets, including polyester based quilted, washed down cotton, over dye, and wool jackets using various fabrics, such as cotton, self-structure cotton, Y/D cotton and polyester, various polyester based, printed, wool, herring bone, and PU and RFD fabrics, as well as outerwear jackets. It also provides flat knit products comprising sweaters; and fine knits that include solid and auto striper Polos, sweatshirts, and joggers with a range of fabrics, which comprise cotton, cotton-polyester, indigo, fleece, and others. The company manufactures and markets apparels under the AAGAIN brand. In addition, it operates a multi branded store under the AAGAIN brand. The company was founded in 1997 and is based in Mohali, India.

Details
Name: Active Clothing Co Limited
541144
Exchange: BSE
Founded: 1997
₹403,317,590
15,512,215
Website: http://www.activesourcing.org
Address: Active Clothing Co Limited
Plot No. E-225,
Phase-VIII B,
Mohali,
Punjab, 160055,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 541144 Equity Shares Mumbai Stock Exchange IN INR 26. Mar 2018
Number of employees
Current staff
Staff numbers
0
Active Clothing Co employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 13:12
End of day share price update: 2019/02/13 00:00
Last earnings filing: 2018/09/02
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.