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
Sky Gold. 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
Sky Gold's earnings available for a low price, and how does
this compare to other companies in the same industry?
Sky Gold's earnings are expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Sky Gold 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.
Sky Gold'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
4/6, 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. Mangesh Ramesh Chauhan is the Managing Director & Chief Financial Officer of Sky Gold Limited since July 19, 2018 and has been its Director since May 07, 2008. Mr. Chauhan is one of the founding members of Sky Gold Limited. He is responsible for the overall growth and strategy formulation & implementation of Sky Gold Limited. He has more than 15 years of experience in Gems and Jewellery industry and started his career by working in local shops at Zaveri Bazar, Mumbai. In April 2005, he founded a partnership firm namely “M/s. Sky Gold” with Mr. Mahendra Chauhan. Later in 2008, the then partners mutual decided to dissolve the partnership firm and started “Sky Gold Private Limited” to in-house manufacture and market their own jewellery collection. He is mainly heading the finance department of the Company and also involved in the marketing department.
Insufficient data for Mangesh to compare compensation growth.
Mangesh's remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Sky Gold management team is less than 2 years, this suggests a new team.
MD, CFO & Director
HR & Admin Head
Company Secretary & Compliance Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Sky Gold board of directors is less than 3 years, this suggests a new board.
Sky Gold Limited designs, manufactures, and markets gold jewelry in India. It primarily offers 22 karat gold jewelry, such as necklaces, rings, pendants, bracelets, earrings, bangles and customized jewelry. The company offers its products to wholesalers, showrooms, and retailers. Sky Gold Limited was incorporated in 2008 and is based in Mumbai, India.
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