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
Renaissance Jewellery. 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
Renaissance Jewellery's earnings available for a low price, and how does
this compare to other companies in the same industry?
Renaissance Jewellery's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to determine if Renaissance Jewellery 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.
Renaissance Jewellery'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
4/6, 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
Renaissance Jewellery's finances.
The net worth of a company is the difference between its assets and liabilities.
Renaissance Jewellery is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Renaissance Jewellery's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Renaissance Jewellery'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 covered by short term assets, assets are 2.5x 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. Hitesh Mahendra Shah, B.Com has been Managing Director and Executive Director of Renaissance Jewellery Ltd. since April 1, 2017 and January 1, 2006 respectively. Mr. Shah serves as a Partner of M/s Sumit Diamond. Mr. Shah joined Renaissance Jewellery Ltd. as the Chief Financial Officer and was responsible for product development, merchandising, marketing and financial planning. He earlier served at Sudiam B.V.BA, Japan as president and was responsible for managing operations. He has over 12 years of experience in the gems and jewellery business. He serves as a Director of N. Kumar Diamond Exports Limited, Fancy Jewellery Private Limited, Anika Jewellery Private Limited, Verigold Fine Jewellery Private Limited, Renaissance Retail Venture Private Limited, House Full International Limited and Renaissance Jewelry New York, Inc. Mr. Shah holds a Bachelor in Commerce from Bombay University.
Hitesh's compensation has been consistent with company performance over the past year.
Hitesh's remuneration is higher than average for companies of similar size in India.
MD & Executive Director
CFO & VP of Finance
General Manager of Legal
General Manager of Marketing
President of Bridal Division
President of Gem Division
Vice President of Production
General Manager of Purchase & Stores
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Renaissance Jewellery board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Does Renaissance Jewellery Limited's (NSE:RJL) 29% Earnings Growth Make It An Outperformer?
Analyzing Renaissance Jewellery Limited's (NSE:RJL) track record of past performance is a valuable exercise for investors. … Today I will assess RJL's recent performance announced on 31 December 2018 and compare these figures to its long-term trend and industry movements. … Commentary On RJL's Past Performance.
How Much Of Renaissance Jewellery Limited (NSE:RJL) Do Insiders Own?
If you want to know who really controls Renaissance Jewellery Limited (NSE:RJL), then you'll have to look at the makeup of its share registry. … Renaissance Jewellery is not a large company by global standards. … See our latest analysis for Renaissance Jewellery
A Closer Look At Renaissance Jewellery Limited's (NSE:RJL) Impressive ROE
Our data shows Renaissance Jewellery has a return on equity of 13% for the last year. … Another way to think of that is that for every ₹1 worth of equity in the company, it was able to earn ₹0.13. … Return on Equity = Net Profit ÷ Shareholders' Equity
Have Insiders Been Selling Renaissance Jewellery Limited (NSE:RJL) Shares?
So we'll take a look at whether insiders have been buying or selling shares in Renaissance Jewellery Limited (NSE:RJL). … Over the last year, we note insiders sold 819.77k shares worth ₹247m. … All up, insiders sold more shares in Renaissance Jewellery than they bought, over the last year
Is Renaissance Jewellery Limited's (NSE:RJL) P/E Ratio Really That Good?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at Renaissance Jewellery Limited's (NSE:RJL) 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)
What Should Investors Know About Renaissance Jewellery Limited's (NSE:RJL) Capital Returns?
This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand Renaissance Jewellery’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?
Where Renaissance Jewellery Limited (NSE:RJL) Stands In Terms Of Earnings Growth Against Its Industry
Today I will assess RJL's recent performance announced on 30 June 2018 and compare these figures to its historical trend and industry movements. … Did RJL's recent earnings growth beat the long-term trend and the industry. … RJL's trailing twelve-month earnings (from 30 June 2018) of ₹660m has.
Is Renaissance Jewellery Limited's (NSE:RJL) ROE Of 11.44% Sustainable?
and want to begin learning the link between company’s fundamentals and stock market performance. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden. … See our latest analysis for Renaissance Jewellery
Is Renaissance Jewellery Limited (NSE:RJL) Attractive At Its Current PE Ratio?
This analysis is intended to introduce important early concepts to people who are starting to invest. … While RJL 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. … View our latest analysis for Renaissance Jewellery
Renaissance Jewellery Limited (NSE:RJL): Time For A Financial Health Check
While small-cap stocks, such as Renaissance Jewellery Limited (NSE:RJL) with its market cap of ₹5.15b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Renaissance Jewellery Limited designs, manufactures, and sells diamond studded jewellery in India. The company offers gold, silver, and platinum jewellery studded with polished diamonds, and other precious and semi-precious stones. Its product portfolio includes rings, earrings, pendants, bracelets, necklaces, bangles, money clips, tie pins, cuff links, etc. The company also exports its jewellery products primarily to the United States, the United Kingdom, and the United Arab Emirates. In addition, it engages in the sale of furniture products through Website, housefull.co.in. Renaissance Jewellery Limited was incorporated in 1989 and is based in Mumbai, India.
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