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
In this section, we usually try to help investors determine whether First Winner Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as First Winner Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
First Winner Industries. 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
First Winner Industries's
is considered below, and whether this is a fair price.
Price based on past earnings
First Winner Industries's earnings available for a low price, and how does
this compare to other companies in the same industry?
Unable to compare the PB ratio to the industry average as no data exists.
Take a look at our analysis of FIRSTWIN’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.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through First Winner Industries's regulatory filings and announcements.
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 First Winner Industries 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
No analysts cover First Winner Industries, 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
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
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
First Winner Industries
expected to grow at an
Unable to compare First Winner Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare First Winner Industries's earnings growth to the India market average as no estimate data is available.
Unable to compare First Winner Industries's revenue growth to the India market average as no estimate data is available.
Unable to determine if First Winner Industries is high growth as no earnings estimate data is available.
Unable to determine if First Winner Industries 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.
First Winner Industries'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.
First Winner Industries
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
First Winner Industries's finances.
The net worth of a company is the difference between its assets and liabilities.
First Winner Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
First Winner Industries's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
First Winner Industries'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
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 not covered by short term assets, assets are 0.7x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
Mr. Rinku I. Patodia has been the Managing Director of First Winner Industries Limited since April 1, 2007 and serves as its Chief Executive Officer. Mr. Patodia started his career in the textile broking and trading in 1999. He joined First Winner as Promoter in 2004. He has been an Executive Director of First Winner Industries Ltd. since August 4, 2003. Mr. Patodia served as Chairman of First Winner Industries Limited. He serves as Chairman of Pal Trading Company Pvt Ltd. Mr. Patodia serves as a Director of Ramshyam Textile Industries Limited, Realgold Exports Private Limited, Rikosh Rashions Private Limited and Solitaire Texfeb & Traders Private Limited. Mr. Patodia received Bachelor of Commerce degree from Bombay University in 1999.
Insufficient data for Rinku to compare compensation growth.
Rinku's remuneration is lower than average for companies of similar size in India.
MD, CEO & Executive Director
CFO & Executive Director
Board of Directors Tenure
Average tenure of the
First Winner Industries
board of directors in years:
The tenure for the First Winner Industries board of directors is about average.
Is First Winner Industries Limited's (NSE:FIRSTWIN) Balance Sheet A Threat To Its Future?
With this increase in debt, FIRSTWIN's cash and short-term investments stands at ₹28.34M for investing into the business. … Additionally, FIRSTWIN has generated ₹115.50M in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 3.64%, signalling that FIRSTWIN’s current level of operating cash is not high enough to cover debt. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: FIRSTWIN’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.
Who Owns First Winner Industries Limited (NSE:FIRSTWIN)?
See our latest analysis for First Winner Industries NSEI:FIRSTWIN Ownership_summary Apr 5th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … General Public Ownership The general public, with 8.09% stake, is also an important group of shareholders in FIRSTWIN. … This size of ownership, while considerably large for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders.
One Thing To Consider Before Buying First Winner Industries Limited (NSE:FIRSTWIN)
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Based on this beta value, FIRSTWIN appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what FIRSTWIN’s actual beta value suggests, which is lower stock volatility relative to the market.
Has First Winner Industries Limited (NSE:FIRSTWIN) Improved Earnings Growth In Recent Times?
I use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … For First Winner Industries, its most recent bottom-line (trailing twelve month) is -₹47.92M, which, relative to last year’s figure, has become less negative. … Each year, for the last five years First Winner Industries has seen an annual decline in revenue of -69.27%, on average.
What You Must Know About First Winner Industries Limited's (NSE:FIRSTWIN) Financial Strength
With this rise in debt, the current cash and short-term investment levels stands at IN₨28.34M for investing into the business. … Moreover, FIRSTWIN has produced IN₨115.50M in operating cash flow over the same time period, leading to an operating cash to total debt ratio of 3.64%, meaning that FIRSTWIN’s operating cash is not sufficient to cover its debt. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: FIRSTWIN’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.
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