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Siddharth Education Services

BSE:540736
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
540736
BSE
₹413M
Market Cap
  1. Home
  2. IN
  3. Consumer Services
Company description

Siddharth Education Services Limited engages in teaching and providing master degree based education services for students pursuing professional courses in India. The last earnings update was 224 days ago. More info.


Add to Portfolio Compare Print
  • Siddharth Education Services has significant price volatility in the past 3 months.
540736 Share Price and Events
7 Day Returns
-20.5%
BSE:540736
-1%
IN Consumer Services
1.7%
IN Market
1 Year Returns
6.1%
BSE:540736
-29.4%
IN Consumer Services
0.1%
IN Market
540736 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Siddharth Education Services (540736) -20.5% 9.8% - 6.1% - -
IN Consumer Services -1% -1.7% -8.8% -29.4% -30% -4.9%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 540736 outperformed the Consumer Services industry which returned -29.4% over the past year.
  • 540736 outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Siddharth Education Services 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
  • It is not possible to calculate the future cash flow value for Siddharth Education Services. This is due to cash flow or dividend data being unavailable. The share price is ₹32.05.
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 Siddharth Education Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Siddharth Education Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:540736 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹2.56
BSE:540736 Share Price ** BSE (2019-04-18) in INR ₹32.05
India Consumer Services Industry PE Ratio Median Figure of 15 Publicly-Listed Consumer Services Companies 16.09x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

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

** Primary Listing of Siddharth Education Services.

BSE:540736 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:540736 Share Price ÷ EPS (both in INR)

= 32.05 ÷ 2.56

12.51x

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

  • Siddharth Education Services is good value based on earnings compared to the IN Consumer Services industry average.
  • Siddharth Education Services is good value based on earnings compared to the India market.
Price based on expected Growth
Does Siddharth Education Services's expected growth come at a high price?
Raw Data
BSE:540736 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-8%per year
Asia Consumer Services Industry PEG Ratio Median Figure of 17 Publicly-Listed Consumer Services Companies 0.97x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*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 Siddharth Education Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Siddharth Education Services's assets?
Raw Data
BSE:540736 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹19.38
BSE:540736 Share Price * BSE (2019-04-18) in INR ₹32.05
India Consumer Services Industry PB Ratio Median Figure of 26 Publicly-Listed Consumer Services Companies 1.26x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:540736 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:540736 Share Price ÷ Book Value per Share (both in INR)

= 32.05 ÷ 19.38

1.65x

* Primary Listing of Siddharth Education Services.

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

  • Siddharth Education Services is overvalued based on assets compared to the IN Consumer Services industry average.
X
Value checks
We assess Siddharth Education Services'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. Siddharth Education Services has a total score of 2/6, 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.

Future Performance

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

  • No analysts cover Siddharth Education Services, 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
-8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Siddharth Education Services expected to grow at an attractive rate?
  • Siddharth Education Services's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Siddharth Education Services's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Siddharth Education Services's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:540736 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:540736 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -8%
India Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 51.2%
Asia Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 19.9%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*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:540736 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year 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:540736 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 121 30
2017-03-31 49 33 10
2016-03-31 33 25 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Siddharth Education Services's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Siddharth Education Services 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:540736 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Siddharth Education Services Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:540736 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 2.56
2017-03-31 1.61
2016-03-31 0.87

*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 Siddharth Education Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Siddharth Education Services'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.
Siddharth Education Services has a total score of 0/6, 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.

Past Performance

  How has Siddharth Education Services performed over the past 5 years?

  • Siddharth Education Services's last earnings update was 224 days ago.
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 Siddharth Education Services'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.
  • Insufficient data to establish if Siddharth Education Services's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Siddharth Education Services's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Siddharth Education Services's earnings growth has exceeded the IN Consumer Services industry average in the past year (187.6% vs 46.4%).
Earnings and Revenue History
Siddharth Education Services'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 Siddharth Education Services Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:540736 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 121.47 29.73 0.68
2017-03-31 48.74 10.34 2.41
2016-03-31 33.15 6.46

*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.
  • Siddharth Education Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Siddharth Education Services used its assets more efficiently than the IN Consumer Services industry average last year based on Return on Assets.
  • Unable to establish if Siddharth Education Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Siddharth Education Services'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.
Siddharth Education Services has a total score of 2/6, 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.

Health

 How is Siddharth Education Services'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 Siddharth Education Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Siddharth Education Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Siddharth Education Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Siddharth Education Services'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x 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 Siddharth Education Services Company Filings, last reported 1 year ago.

BSE:540736 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 233.93 94.29 0.89
2017-03-31 55.42 68.49 2.52
2016-03-31 44.78 72.83 1.11
  • Siddharth Education Services's level of debt (40.3%) compared to net worth is high (greater than 40%).
  • Unable to establish if Siddharth Education Services's debt level has increased without past 5-year debt data.
  • Unable to verify if debt is well covered by operating cash flow as Siddharth Education Services has not reported sufficient balance sheet data.
  • Interest payments on debt are well covered by earnings (EBIT is 6.8x coverage).
X
Financial health checks
We assess Siddharth Education Services'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. Siddharth Education Services has a total score of 3/6, 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.

Dividends

 What is Siddharth Education Services'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 Siddharth Education Services dividends.
If you bought ₹2,000 of Siddharth Education Services 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 Siddharth Education Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Siddharth Education Services'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:540736 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 5 Stocks 1.2%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

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 Siddharth Education Services has not reported any payouts.
  • Unable to verify if Siddharth Education Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Siddharth Education Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Siddharth Education Services 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 Siddharth Education Services'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 Siddharth Education Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Siddharth Education Services 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.

Management

 What is the CEO of Siddharth Education Services'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
Reena Kulkarni
COMPENSATION ₹0
TENURE AS CEO 1.8 years
CEO Bio

Mrs. Reena Dileep Kulkarni has been Managing Director and Director at Siddharth Education Services Limited since July 31, 2017. Mrs. Kulkarni holds a degree of Master degree in Bio chemistry.

CEO Compensation
  • Insufficient data for Reena to compare compensation growth.
  • Reena's remuneration is lower than average for companies of similar size in India.
Management Team

Reena Kulkarni

TITLE
MD & Director
TENURE
1.8 yrs

Reena Bhagwat

TITLE
MD & Director
AGE
32

Pradeep Jha

TITLE
Chief Financial Officer
AGE
27
TENURE
1.8 yrs

Dilip Prabhune

TITLE
Whole Time Director
AGE
50
Board of Directors Tenure

Average tenure and age of the Siddharth Education Services board of directors in years:

1.6
Average Tenure
38
Average Age
  • The average tenure for the Siddharth Education Services board of directors is less than 3 years, this suggests a new board.
Board of Directors

Vinay Bhagwat

TITLE
Chairman
AGE
47

Reena Kulkarni

TITLE
MD & Director
TENURE
1.8 yrs

Reena Bhagwat

TITLE
MD & Director
AGE
32
TENURE
1.8 yrs

Dilip Prabhune

TITLE
Whole Time Director
AGE
50
TENURE
0.6 yrs

Ajit Sharma

TITLE
Non Executive Independent Director
AGE
32
TENURE
1.6 yrs

Sujay Godse

TITLE
Non-Executive Independent Director
AGE
38
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • Siddharth Education Services insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
12. Apr 19 Sell Vinay Bhagwat Individual 10. Apr 19 10. Apr 19 -112,000 ₹33.89 ₹-3,795,677
11. Apr 19 Sell Vinay Bhagwat Individual 08. Apr 19 08. Apr 19 -60,000 ₹36.00 ₹-2,148,800
08. Apr 19 Sell Vinay Bhagwat Individual 04. Apr 19 05. Apr 19 -236,000 ₹34.79 ₹-8,118,301
03. Apr 19 Sell Reena Kulkarni Individual 01. Apr 19 01. Apr 19 -60,000 ₹32.45 ₹-1,946,998
X
Management checks
We assess Siddharth Education Services'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. Siddharth Education Services 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.

News

Simply Wall St News

Company Info

Description

Siddharth Education Services Limited engages in teaching and providing master degree based education services for students pursuing professional courses in India. It offers tutorial services for company secretary, chartered accountant, chartered financial analyst, and cost and management accountant courses through classroom and online classes. The company is also involved in the farming business. Siddharth Education Services Limited was founded in 1997 and is headquartered in Thane, India.

Details
Name: Siddharth Education Services Limited
540736
Exchange: BSE
Founded: 1997
₹412,942,200
11,599,500
Website: http://www.siddharthacademy.in
Address: Siddharth Education Services Limited
101, Chirag Arcade,
1st Floor,
Thane,
Maharashtra, 400601,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 540736 Equity Shares Mumbai Stock Exchange IN INR 12. Oct 2017
Number of employees
Current staff
Staff numbers
0
Siddharth Education Services employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 13:07
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/09/06
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


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.