BSE:531338

Stock Analysis Report

Executive Summary

Milestone Global Limited manufactures and sells polished granite monuments in India, the United States, Europe, New Zealand, and Canada.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Share Price & News

How has Milestone Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531338 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

531338

-1.9%

IN Basic Materials

-1.1%

IN Market


1 Year Return

n/a

531338

7.5%

IN Basic Materials

5.5%

IN Market

Return vs Industry: Insufficient data to determine how 531338 performed against the Indian Basic Materials industry.

Return vs Market: Insufficient data to determine how 531338 performed against the Indian Market.


Shareholder returns

531338IndustryMarket
7 Day0%-1.9%-1.1%
30 Day-9.6%5.4%5.8%
90 Dayn/a-0.02%9.0%
1 Yearn/a8.2%7.5%7.6%5.5%
3 Year154.8%154.8%8.0%6.2%32.3%25.6%
5 Year34.1%34.1%41.0%36.6%39.1%26.3%

Price Volatility Vs. Market

How volatile is Milestone Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Milestone Global undervalued compared to its fair value and its price relative to the market?

15.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531338's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531338's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531338 is good value based on its PE Ratio (15.7x) compared to the Basic Materials industry average (15.7x).

PE vs Market: 531338 is poor value based on its PE Ratio (15.7x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531338's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531338 is good value based on its PB Ratio (0.8x) compared to the IN Basic Materials industry average (0.9x).


Next Steps

Future Growth

How is Milestone Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 531338's forecast earnings growth (16.5% per year) is above the savings rate (7.6%).

Earnings vs Market: 531338's earnings (16.5% per year) are forecast to grow slower than the Indian market (18.9% per year).

High Growth Earnings: 531338's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 531338's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 531338's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 531338's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Milestone Global performed over the past 5 years?

58.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531338 has high quality earnings.

Growing Profit Margin: 531338's current net profit margins (2.8%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 531338 has become profitable over the past 5 years, growing earnings by 58.1% per year.

Accelerating Growth: 531338's earnings growth over the past year (22.4%) is below its 5-year average (58.1% per year).

Earnings vs Industry: 531338 earnings growth over the past year (22.4%) exceeded the Basic Materials industry 12.6%.


Return on Equity

High ROE: 531338's Return on Equity (5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Milestone Global's financial position?


Financial Position Analysis

Short Term Liabilities: 531338's short term assets (₹62.8M) exceeds its short term liabilities (₹26.5M)

Long Term Liabilities: 531338's short term assets (62.8M) exceeds its long term liabilities (290.0)


Debt to Equity History and Analysis

Debt Level: 531338's debt to equity ratio (27.9%) is considered satisfactory

Reducing Debt: 531338's debt to equity ratio has reduced from 39.7% to 27.9% over the past 5 years.

Debt Coverage: 531338's debt is not well covered by operating cash flow (5.3%).

Interest Coverage: 531338's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet

Inventory Level: 531338 has a high level of physical assets or inventory.

Debt Coverage by Assets: 531338's debt is covered by short term assets (assets are 3.2x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.4%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 531338's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531338's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 531338's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531338's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 531338's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

5.2yrs

Average management tenure


CEO

Alka Agarwal (50yo)

16.4yrs

Tenure

0

Mrs. Alka Agarwal has been the Chief Executive Officer of Milestone Global Ltd since June 28, 2003. 


Management Age and Tenure

5.2yrs

Average Tenure

50yo

Average Age

Experienced Management: 531338's management team is seasoned and experienced (5.2 years average tenure).


Board Age and Tenure

11.1yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 531338's board of directors are seasoned and experienced ( 11.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Fiyaz Ahmed (69yo)

    Whole Time Director

    • Tenure: 11.1yrs
    • Compensation: ₹600.00k
  • Alka Agarwal (50yo)

    Chief Executive Officer

    • Tenure: 16.4yrs
  • Renu Sharma

    Chief Financial Officer

    • Tenure: 5.2yrs
  • Nikita Agarwal (24yo)

    Head of Sales & Marketing and Executive Director

    • Tenure: 2.7yrs
    • Compensation: ₹900.00k
  • Anita Rawat

    Company Secretary

    • Tenure: 1.8yrs

Board Members

  • Fiyaz Ahmed (69yo)

    Whole Time Director

    • Tenure: 11.1yrs
    • Compensation: ₹600.00k
  • Naveen Chawla (44yo)

    Non-Executive Independent Director

    • Tenure: 12.4yrs
  • Alok Agarwal (55yo)

    Chairman

    • Tenure: 0yrs
  • Rajeev Kapoor (53yo)

    Non-Executive Independent Director

    • Tenure: 12.8yrs
  • Mayank Bughani (37yo)

    Non-Executive Independent Director

    • Tenure: 9.2yrs
  • Nikita Agarwal (24yo)

    Head of Sales & Marketing and Executive Director

    • Tenure: 2.7yrs
    • Compensation: ₹900.00k

Company Information

Milestone Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Milestone Global Limited
  • Ticker: 531338
  • Exchange: BSE
  • Founded: 1990
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹55.995m
  • Shares outstanding: 5.02m
  • Website: https://www.milestonegloballimited.com

Location

  • Milestone Global Limited
  • No. 54-B, Hoskote Industrial Area (KIADB)
  • Chintamani Road
  • Bengaluru
  • Karnataka
  • 562114
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531338BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996

Biography

Milestone Global Limited manufactures and sells polished granite monuments in India, the United States, Europe, New Zealand, and Canada. It serves wholesalers and retailers. The company was incorporated in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/11 12:38
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.