S. M. Gold Limited engages in manufacturing and wholesale trading mangalsutra jewelry in India.
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has S. M. Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 542034 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 542034 exceeded the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: 542034 exceeded the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is S. M. Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is S. M. Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 542034's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 542034's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 542034 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 542034 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 542034's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 542034 is overvalued based on its PB Ratio (1.7x) compared to the IN Luxury industry average (0.5x).
How is S. M. Gold 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 S. M. Gold 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.
- Take a look at our analysis of 542034’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- S. M. Gold 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 S. M. Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 542034 is currently unprofitable.
Growing Profit Margin: 542034 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 542034 is unprofitable, and losses have increased over the past 5 years at a rate of -50.2% per year.
Accelerating Growth: Unable to compare 542034's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 542034 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: 542034 has a negative Return on Equity (-0.88%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is S. M. Gold's financial position?
Financial Position Analysis
Short Term Liabilities: 542034's short term assets (₹141.9M) exceed its short term liabilities (₹14.6M).
Long Term Liabilities: 542034 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 542034's debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 542034's debt to equity ratio has reduced over the past 5 years.
Inventory Level: 542034 has a high level of physical assets or inventory.
Debt Coverage by Assets: 542034's debt is covered by short term assets (assets are 11.3x 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: 542034 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 542034 has been profitable on average in the past, therefore cash runway is not a concern.
What is S. M. Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 542034's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 542034'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 542034's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 542034'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 542034'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
Pulkitkumar Shah (28yo)
Mr. Pulkitkumar Sureshbh Shah has been Managing Director of S. M. Gold Limited since August 8, 2017 and has been its Director since July 26, 2017. After completing his HSC from Gujarat Board, he obtained a ...
CEO Compensation Analysis
Compensation vs Market: Pulkitkumar's total compensation ($USD2.52K) is below average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Insufficient data to compare Pulkitkumar's compensation with company performance.
|Managing Director & Director||2.5yrs||₹180.00k||5.18% ₹12.1m|
|CFO & Executive Director||2.6yrs||₹180.00k||58.6% ₹136.5m|
|Non-Executive Director||1.7yrs||no data||0.00037% ₹861.6|
|Additional Independent Director||0.7yrs||no data||no data|
Experienced Board: 542034's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 63.3%.
S. M. Gold Limited's company bio, employee growth, exchange listings and data sources
- Name: S. M. Gold Limited
- Ticker: 542034
- Exchange: BSE
- Founded: 2017
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹232.870m
- Shares outstanding: 6.69m
- Website: https://www.smgold.in
Number of Employees
- S. M. Gold Limited
- M.G. Haveli Road
- Shop No-1, 916 Building
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|542034||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2018|
S. M. Gold Limited engages in manufacturing and wholesale trading mangalsutra jewelry in India. It also provides other jewelries, such as rings, chains, earrings, ear chains, nose-rings/nose pins, waist belts, anklets, zudas, toe rings, pendant sets/pendants, bracelets and bangles, wedding jewelries, and festive jewelries. The company offers its products under the S. M. Gold – the House of Mangalsutra brand name. S. M. Gold Limited was incorporated in 2017 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:30|
|End of Day Share Price||2020/02/14 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.