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
Morarjee Textiles. 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
Morarjee Textiles's earnings available for a low price, and how does
this compare to other companies in the same industry?
Morarjee Textiles's earnings are expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
Unable to determine if Morarjee Textiles 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.
Morarjee Textiles'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
1/6, 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
Morarjee Textiles's finances.
The net worth of a company is the difference between its assets and liabilities.
Morarjee Textiles's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Morarjee Textiles's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Morarjee Textiles'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 0.4x 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.
TENURE AS CEO
Mr. Rajendar Kumar Rewari, B.Sc., LLB, PGDPM, MEP, has been the Managing Director of Morarjee Textiles Limited since April 1, 2015 and has been its Chief Executive Officer since January 2010. Mr. Rewari has been the Managing Director of Integra Garments And Textiles Limited since June 27, 2012. He served as the Chief Executive and Director-incharge of Vardhman Textiles Ltd until April 1, 2008. He has been an Executive Director at Morarjee Textiles Limited since January 2010. He has been a Director of Integra Garments And Textiles Limited since January 20, 2012. He served as a Director of Vardhman Textiles Ltd. Mr. Rewari started his career as an Executive Trainee in Vardhman Textiles Limited and rose to the level of Chief Executive (Fabric Marketing) until March 31, 2008. While having a vast experience of working in various leadership positions in Vardhman Textiles Limited, Mr. Rewari also remained President of BBN Industrial Association of Himachal Pradesh. Mr. Rewari was also associated with Rotary Club for many years. Mr. Rewari is a B.Sc., LLB and is also a PGDPM & MEP from the Indian Institute of Management, Ahmedabad.
Rajendar's compensation has been consistent with company performance over the past year.
Rajendar's remuneration is higher 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 Morarjee Textiles management team is over 5 years, this suggests they are a seasoned and experienced team.
MD & Director
Executive Vice Chairman
CFO and Head of Finance & Accounts
Compliance Officer & Company Secretary
President of Shirtings Fabric Division
Group Chief Financial Officer of Ashok Piramal Group
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Morarjee Textiles board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Do Directors Own Morarjee Textiles Limited (NSE:MORARJEE) Shares?
Every investor in Morarjee Textiles Limited (NSE:MORARJEE) should be aware of the most powerful shareholder groups. … With a market capitalization of ₹864m, Morarjee Textiles is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Morarjee Textiles
Should Morarjee Textiles Limited’s (NSE:MORARJEE) Weak Investment Returns Worry You?
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Why Morarjee Textiles Limited's (NSE:MORARJEE) CEO Pay Matters To You
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Rajendar Rewari's Compensation Compare With Similar Sized Companies. … Thus we can conclude that Rajendar Rewari receives more in total compensation than the median of a group of companies in the same market, and of similar size to Morarjee Textiles Limited
Does Morarjee Textiles Limited (NSE:MORARJEE)'s Capital Return Make The Cut?
and want to begin learning the link between Morarjee Textiles Limited (NSE:MORARJEE)’s return fundamentals and stock market performance. … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Therefore, looking at how efficiently Morarjee Textiles is able to use capital to create earnings will help us understand your potential return.
How Morarjee Textiles Limited's (NSE:MORARJEE) Earnings Growth Stacks Up Against The Industry
Assessing Morarjee Textiles Limited's (NSE:MORARJEE) past track record of performance is an insightful exercise for investors. … Today I will assess MORARJEE's recent performance announced on 31 March 2018 and evaluate these figures to its long-term trend and industry movements. … Commentary On MORARJEE's Past Performance
What Investors Should Know About Morarjee Textiles Limited's (NSE:MORARJEE) Financial Strength
While small-cap stocks, such as Morarjee Textiles Limited (NSE:MORARJEE) with its market cap of ₹1.16b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … since poor capital management may bring about bankruptcies,
Morarjee Textiles Limited manufactures and sells yarns and fabrics in India and internationally. The company primarily offers color woven premium shirting with fine yarn. It also provides printed fabrics, including satin, cambric, poplin, lawn, and silk; and voiles and guthra. The company was founded in 1871 and is based in Mumbai, India. Morarjee Textiles Limited is a subsidiary of Ashok Piramal Group Textiles Trust.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.