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
Nitin Spinners. 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
Nitin Spinners's earnings available for a low price, and how does
this compare to other companies in the same industry?
Nitin Spinners's earnings are expected to grow significantly at over 20% yearly.
Nitin Spinners's revenue is expected to grow by 15.5% yearly, however this is not considered high growth (20% yearly).
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.
Nitin Spinners'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
3/6, 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.
Mr. Dinesh Nolkha, F.C.A., A.I.C.W.A, has been Managing Director of Nitin Spinners Ltd. since January 2006. Mr. Nolkha was instrumental in setting up Nitin Spinners Ltd. since 1992. Prior to setting up the unit, he underwent intense industrial training at various spinning units of LNJ group in Finance, Marketing, Production and Operations. Mr. Nolkha serves as an Executive Director of Nitin Spinners Ltd. He is a Commerce Graduate and an F.C.A., A.I.C.W.A.
Dinesh's compensation has been consistent with company performance over the past year.
Dinesh's remuneration is higher than average for companies of similar size in India.
MD & Executive Director
Senior VP of Finance & CFO
President of Operations
Vice President of Marketing
Vice President of Human Resources
Senior Vice President of Processing
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Nitin Spinners board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Is Nitin Spinners Limited's (NSE:NITINSPIN) P/E Ratio Really That Good?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Nitin Spinners Limited's (NSE:NITINSPIN) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Is Nitin Spinners Limited (NSE:NITINSPIN) At Risk Of Cutting Its Dividend?
Today we'll run through a few important checks to use on any potential dividend stock. … Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. … Investors might not know much about Nitin Spinners's dividend prospects, even though it has been paying dividends for the last five years and offers a 1.4% yield.
Nitin Spinners Limited (NSE:NITINSPIN) Delivered A Better ROE Than Its Industry
Nitin Spinners has a ROE of 14%, based on the last twelve months. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.14 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Have Insiders Been Buying Nitin Spinners Limited (NSE:NITINSPIN) Shares?
So before you buy or sell Nitin Spinners Limited (NSE:NITINSPIN), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In total, Nitin Spinners insiders bought more than they sold over the last year
Is Nitin Spinners Limited's (NSE:NITINSPIN) CEO Pay Fair?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Dinesh Nolkha's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Nitin Spinners Limited has a market cap of ₹4.6b, and is paying total annual CEO compensation of ₹10.0m.
Interested In Nitin Spinners Limited (NSE:NITINSPIN)? Here's What Its Recent Performance Looks Like
After looking at Nitin Spinners Limited's (NSE:NITINSPIN) latest earnings update (31 December 2018), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … As a long-term investor I tend to focus on earnings trend, rather than a single number at one point in time. … Did NITINSPIN's recent earnings growth beat the long-term trend and the industry.
How Nitin Spinners Limited (NSE:NITINSPIN) Can Impact Your Portfolio Volatility
Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … 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.
Should You Think About Buying Nitin Spinners Limited (NSE:NITINSPIN) Now?
saw significant share price movement during recent months on the NSEI, rising to highs of ₹96.2 and falling to the lows of ₹81.3. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether Nitin Spinners's current trading price of ₹87 reflective of the actual value of the?
Read This Before You Buy Nitin Spinners Limited (NSE:NITINSPIN) Because Of Its P/E Ratio
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Nitin Spinners has a price to earnings ratio of 7.9, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
These Factors Make Nitin Spinners Limited (NSE:NITINSPIN) An Interesting Investment
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Nitin Spinners Limited (NSE:NITINSPIN) due to its excellent fundamentals in more than one area.
Nitin Spinners Limited manufactures and sells cotton yarns and knitted fabrics in India. The company offers open end, multifold open end, ring spun combed, multifold ring spun, compact ring spun combed, multi-fold compact ring spun, fancy slub, compact fancy slub, core spun, compact core Spun, 'S' and 'Z' twist, organic cotton, contamination free, zero and eli twist, and certified yarns, as well as dye able cheese cones. It also provides single jersey, pique structures, interlock structures, rib structures, lycra blended, open width, and three thread fleece fabrics. The company’s products are used in the manufacture of various products comprising apparels and garments, knitted garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denims, industrial fabrics, medical textiles, mattresses sticking, sheeting, socks, tea bags, and other products. It also exports its products to Europe, North America, South America, Africa, and Asia. The company was founded in 1992 and is headquartered in Bhilwara, India.
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