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Virtual Global Education

BSE:534741
Snowflake Description

Excellent balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
534741
BSE
₹72M
Market Cap
  1. Home
  2. IN
  3. Consumer Services
Company description

Virtual Global Education Limited provides education and training services in India. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • Virtual Global Education has significant price volatility in the past 3 months.
534741 Share Price and Events
7 Day Returns
-5.6%
BSE:534741
-4.3%
IN Consumer Services
-2.2%
IN Market
1 Year Returns
-73.8%
BSE:534741
-36.6%
IN Consumer Services
-3.1%
IN Market
534741 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Virtual Global Education (534741) -5.6% -29.2% -37% -73.8% -96.1% -95%
IN Consumer Services -4.3% -13.5% -24.8% -36.6% -40.4% -43.6%
IN Market -2.2% -2.7% -4.1% -3.1% 22.1% 34.8%
1 Year Return vs Industry and Market
  • 534741 underperformed the Consumer Services industry which returned -36.6% over the past year.
  • 534741 underperformed the Market in India which returned -3.1% over the past year.
Price Volatility
534741
Industry
5yr Volatility vs Market
Related Companies

534741 Value

 Is Virtual Global Education undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Virtual Global Education to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Virtual Global Education.

BSE:534741 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 15.6%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:534741
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.735 (1 + (1- 35%) (33.67%))
0.93
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.93 * 8.6%)
15.55%

Discounted Cash Flow Calculation for BSE:534741 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Virtual Global Education is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:534741 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.55%)
2020 55.97 Est @ 16.64% 48.43
2021 63.75 Est @ 13.91% 47.75
2022 71.41 Est @ 12% 46.28
2023 79.02 Est @ 10.67% 44.33
2024 86.72 Est @ 9.73% 42.09
2025 94.59 Est @ 9.08% 39.73
2026 102.74 Est @ 8.62% 37.35
2027 111.27 Est @ 8.3% 35.01
2028 120.25 Est @ 8.07% 32.74
2029 129.77 Est @ 7.92% 30.58
Present value of next 10 years cash flows ₹404.29
BSE:534741 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹129.77 × (1 + 7.55%) ÷ (15.55% – 7.55%)
₹1,744.16
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹1,744.16 ÷ (1 + 15.55%)10
₹410.97
BSE:534741 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹404.29 + ₹410.97
₹815.26
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹815.26 / 423.66
₹1.92
BSE:534741 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1.92
Current discount Discount to share price of ₹0.17
= -1 x (₹0.17 - ₹1.92) / ₹1.92
91.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Virtual Global Education is available for.
Intrinsic value
>50%
Share price is ₹0.17 vs Future cash flow value of ₹1.92
Current Discount Checks
For Virtual Global Education to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Virtual Global Education's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Virtual Global Education's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Virtual Global Education's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Virtual Global Education's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:534741 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹0.01
BSE:534741 Share Price ** BSE (2019-07-15) in INR ₹0.17
India Consumer Services Industry PE Ratio Median Figure of 16 Publicly-Listed Consumer Services Companies 16.41x
India Market PE Ratio Median Figure of 2,834 Publicly-Listed Companies 14.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Virtual Global Education.

BSE:534741 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:534741 Share Price ÷ EPS (both in INR)

= 0.17 ÷ 0.01

15.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Virtual Global Education is good value based on earnings compared to the IN Consumer Services industry average.
  • Virtual Global Education is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Virtual Global Education's expected growth come at a high price?
Raw Data
BSE:534741 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
21.7%per year
Asia Consumer Services Industry PEG Ratio Median Figure of 18 Publicly-Listed Consumer Services Companies 0.87x
India Market PEG Ratio Median Figure of 534 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Virtual Global Education, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Virtual Global Education's assets?
Raw Data
BSE:534741 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹1.58
BSE:534741 Share Price * BSE (2019-07-15) in INR ₹0.17
India Consumer Services Industry PB Ratio Median Figure of 26 Publicly-Listed Consumer Services Companies 1.09x
India Market PB Ratio Median Figure of 3,668 Publicly-Listed Companies 0.96x
BSE:534741 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:534741 Share Price ÷ Book Value per Share (both in INR)

= 0.17 ÷ 1.58

0.11x

* Primary Listing of Virtual Global Education.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Virtual Global Education is good value based on assets compared to the IN Consumer Services industry average.
X
Value checks
We assess Virtual Global Education's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Services industry average (and greater than 0)? (1 check)
  5. Virtual Global Education has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

534741 Future Performance

 How is Virtual Global Education expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Virtual Global Education, 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 growth 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 it right!
Annual Growth Rate
21.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Virtual Global Education expected to grow at an attractive rate?
  • Virtual Global Education's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Virtual Global Education's earnings growth is expected to exceed the India market average.
  • Unable to compare Virtual Global Education's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:534741 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:534741 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 21.7%
India Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 0.4%
Asia Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 20.5%
India Market Earnings Growth Rate Market Cap Weighted Average 17%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:534741 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:534741 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 133 5
2018-12-31 159 -3
2018-09-30 227 2
2018-06-30 270 9
2018-03-31 376 64 24
2017-12-31 435 30
2017-09-30 441 32
2017-06-30 439 32
2017-03-31 376 54 22
2016-12-31 372 23
2016-09-30 371 23
2016-06-30 368 23

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Virtual Global Education's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Virtual Global Education 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.
Raw Data
BSE:534741 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Virtual Global Education Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:534741 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 0.01
2018-12-31 -0.01
2018-09-30 0.01
2018-06-30 0.02
2018-03-31 0.06
2017-12-31 0.07
2017-09-30 0.07
2017-06-30 0.07
2017-03-31 0.05
2016-12-31 0.06
2016-09-30 0.05
2016-06-30 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Virtual Global Education will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Virtual Global Education's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Virtual Global Education has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

534741 Past Performance

  How has Virtual Global Education performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Virtual Global Education's growth in the last year to its industry (Consumer Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Virtual Global Education's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Virtual Global Education's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Virtual Global Education's 1-year earnings growth is negative, it can't be compared to the IN Consumer Services industry average.
Earnings and Revenue History
Virtual Global Education's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Virtual Global Education Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:534741 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 133.05 4.69
2018-12-31 158.74 -3.49 4.43
2018-09-30 227.21 2.45 4.43
2018-06-30 270.26 9.45
2018-03-31 376.46 24.03 4.43
2017-12-31 435.16 29.65 3.54
2017-09-30 441.14 31.97 3.54
2017-06-30 438.67 31.82
2017-03-31 375.63 22.43 3.54
2016-12-31 372.44 23.31 4.01
2016-09-30 370.53 23.07 4.01
2016-06-30 367.78 23.00
2016-03-31 363.42 23.03 4.01
2015-12-31 309.86 24.79 9.30
2015-09-30 249.62 16.82 9.30
2015-06-30 174.52 8.79
2015-03-31 126.32 1.03 1.33
2014-12-31 108.46 1.04 5.45
2014-09-30 101.13 0.92 5.45
2014-06-30 95.24 0.88 5.45
2014-03-31 93.54 0.86 5.45
2013-12-31 91.20 0.98 7.67
2013-09-30 90.48 0.85 43.06
2013-06-30 88.86 0.72 78.90
2013-03-31 83.06 0.57 3.41
2012-12-31 77.05 -0.18 -15.12
2012-09-30 85.73 0.76 -7.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Virtual Global Education has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Virtual Global Education used its assets less efficiently than the IN Consumer Services industry average last year based on Return on Assets.
  • Virtual Global Education's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Virtual Global Education's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Virtual Global Education 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.

Full details on the Past part of the Simply Wall St company analysis model.

534741 Health

 How is Virtual Global Education's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Virtual Global Education's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Virtual Global Education is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Virtual Global Education's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Virtual Global Education'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 15.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Virtual Global Education Company Filings, last reported 3 months ago.

BSE:534741 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 626.36 24.25 5.70
2018-12-31 626.14 22.80 136.60
2018-09-30 626.14 22.80 136.60
2018-06-30 621.67 22.14 5.26
2018-03-31 621.67 22.14 5.26
2017-12-31
2017-09-30
2017-06-30 597.64 19.16 0.48
2017-03-31 597.64 19.16 2.58
2016-12-31 591.72 7.33 2.62
2016-09-30 591.72 7.33 2.62
2016-06-30 575.21 8.08 7.36
2016-03-31 575.21 8.08 7.36
2015-12-31 568.65 3.58 0.80
2015-09-30 568.65 3.58 0.80
2015-06-30 552.13 2.84 1.56
2015-03-31 552.19 2.84 1.56
2014-12-31 551.85 0.00 5.36
2014-09-30 551.85 0.00 5.36
2014-06-30 551.17 0.00 2.93
2014-03-31 551.17 0.00 2.93
2013-12-31 511.55 0.00 0.87
2013-09-30 511.55 0.00 0.87
2013-06-30
2013-03-31 362.76 0.00 1.79
2012-12-31
2012-09-30
  • Virtual Global Education's level of debt (3.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 3.9% today).
  • Debt is well covered by operating cash flow (265.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess Virtual Global Education's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Virtual Global Education has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

534741 Dividends

 What is Virtual Global Education's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Virtual Global Education dividends.
If you bought ₹2,000 of Virtual Global Education shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Virtual Global Education's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Virtual Global Education's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:534741 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 1.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1447 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Virtual Global Education has not reported any payouts.
  • Unable to verify if Virtual Global Education's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Virtual Global Education's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Virtual Global Education has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Virtual Global Education's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Virtual Global Education afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Virtual Global Education has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

534741 Management

 What is the CEO of Virtual Global Education's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Sirshendu Choudhuri
COMPENSATION ₹2,250,000
TENURE AS CEO 3.9 years
CEO Bio

Mr. Sirshendu Sinha Choudhuri serves as the Chief Executive Officer at Virtual Global Education Limited since August 14, 2015.

CEO Compensation
  • Sirshendu's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sirshendu's remuneration is higher than average for companies of similar size in India.
Management Team

Sirshendu Choudhuri

TITLE
Chief Executive Officer
COMPENSATION
₹2M
TENURE
3.9 yrs

Neeraj Kaushik

TITLE
Executive Director
COMPENSATION
₹360K

Indrajeet Goyal

TITLE
Whole-Time Director
COMPENSATION
₹300K
AGE
33
Board of Directors Tenure

Average tenure and age of the Virtual Global Education board of directors in years:

4.2
Average Tenure
50
Average Age
  • The tenure for the Virtual Global Education board of directors is about average.
Board of Directors

Piyush Gupta

TITLE
Chairman
COMPENSATION
₹10K
AGE
50

Neeraj Kaushik

TITLE
Executive Director
COMPENSATION
₹360K
TENURE
19 yrs

Indrajeet Goyal

TITLE
Whole-Time Director
COMPENSATION
₹300K
AGE
33
TENURE
4.2 yrs

Kanhaiya Tripathi

TITLE
Non-Executive Independent Director
COMPENSATION
₹20K
AGE
50
TENURE
4.5 yrs

Nidhi Madura

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
AGE
56
TENURE
3.3 yrs

Kunal Banerji

TITLE
Independent Director
COMPENSATION
₹10K
AGE
63
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Virtual Global Education's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Virtual Global Education has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

534741 News

Simply Wall St News

534741 Company Info

Description

Virtual Global Education Limited provides education and training services in India. It engages in the education and skill development for schools and colleges; vocational education and training; professional entrepreneurship program; and digital education services. The company was formerly known as BLS Global Education Limited and changed its name to Virtual Global Education Limited in August 2011. Virtual Global Education Limited was incorporated in 1993 and is based in Kolkata, India.

Details
Name: Virtual Global Education Limited
534741
Exchange: BSE
Founded: 1993
₹72,022,828
423,663,698
Website: http://www.vgel.co.in
Address: Virtual Global Education Limited
EN-20, Salt Lake Sector - V,
2nd Floor,
Kolkata,
West Bengal, 700091,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 534741 Equity Shares Mumbai Stock Exchange IN INR 18. Dec 2012
Number of employees
Current staff
Staff numbers
65
Virtual Global Education employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 12:56
End of day share price update: 2019/07/15 00:00
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.