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
Ashima. 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
Ashima's earnings available for a low price, and how does
this compare to other companies in the same industry?
Ashima's earnings are expected to grow by 4% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Ashima 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.
Ashima'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
2/6, 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. Chintan Navnit Parikh is the founder and serves as the Chairman of the Board and Chief Executive Officer of Ashima Dyecot/Syntex. Mr. Parikh serves as the Chairman of the Board of Ashima Ltd and has been its Managing Director since February 2005. Mr. Parikh serves as Managing Director of Ashima Dyecot Limited. He has been a Director of Ashima Ltd since June 17, 1982. He has 27 years of experience in the textile industry. He has tremendous foresight, unique business acumen, vision and capabilities for conceptualisation of new projects and their implementation. Mr. Parikh serves as the Chairman of Nachmo Knitex Limited. His philosophy of “Texcellence” meaning thereby “Excellence in Textiles” has become a way of life at group Ashima. Mr. Parikh is a doctoral student of IIMA in the areas of finance and accounts. Mr. Parikh is a management graduate, with specialisation in the areas of finance and accounts from India Institute of Management (IIM), Ahmedabad.
Chintan's compensation has been consistent with company performance over the past year.
Chintan's remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Ashima management team is about average.
Chairman & MD
Chief Financial Officer
Compliance Officer & Company Secretary
Chief Commercial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Ashima board of directors is less than 3 years, this suggests a new board.
Read This Before You Buy Ashima Limited (NSE:ASHIMASYN) Because Of Its P/E Ratio
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … That is equivalent to an earnings yield of about 60%. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
What Kind Of Share Price Volatility Should You Expect For Ashima Limited (NSE:ASHIMASYN)?
Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.
What Kind Of Investor Owns Most Of Ashima Limited (NSE:ASHIMASYN)?
Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that used to be publicly owned tend to have lower insider ownership. … Ashima is not a large company by global standards.
A Closer Look At Ashima Limited's (NSE:ASHIMASYN) Impressive ROE
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.53 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Is Ashima Limited (NSE:ASHIMASYN) Attractive At Its Current PE Ratio?
While ASHIMASYN might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will explain what the P/E ratio is as well as what you should look out for when using it … What you need to know about the P/E ratio
In this analysis, my focus will be on developing a perspective on Ashima Limited’s (NSE:ASHIMASYN) latest ownership structure, a less discussed, but important factor. … The impact of a company's ownership structure affects both its short- and long-term performance. … Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading.
What does Ashima Limited's (NSE:ASHIMASYN) Balance Sheet Tell Us About Its Future?
While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Did Ashima Limited (NSE:ASHIMASYN) Create Value For Shareholders?
and want to begin learning the link between Ashima Limited (NSE:ASHIMASYN)’s return fundamentals and stock market performance. … Ashima Limited (NSE:ASHIMASYN) outperformed the textiles industry on the basis of its ROE – producing a higher 78.92% relative to the peer average of 7.38% over the past 12 months. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface
How Ashima Limited (NSE:ASHIMASYN) Can Add Value To Your Portfolio
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Ashima Limited (NSE:ASHIMASYN) due to its excellent fundamentals in more than one area. … For those interested in digger a bit deeper into my commentary,
Ashima Limited (NSEI:ASHIMASYN) Delivered A Better ROE Than The Industry, Here’s Why
See our latest analysis for ASHIMASYN Breaking down ROE — the mother of all ratios Return on Equity (ROE) weighs ASHIMASYN’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of ASHIMASYN’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NSEI:ASHIMASYN Last Perf Dec 8th 17 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses.
Ashima Limited manufactures and sells textile and related products primarily in India. It offers denim fabrics and yarn dyed cotton fabrics. The company also offers range of shirts and jeans for men and women, as well as provides ready-to-stitch trouser and shirt fabric packs for men. It sells its products under the Frank Jefferson and Icon brands. The company also exports its products to approximately 45 countries. Ashima Limited was incorporated in 1982 and is based in Ahmedabad, India.
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