ETHO

Ethos NSEI:ETHOSLTD Stock Report

Last Price

₹1.11k

Market Cap

₹25.9b

7D

13.6%

1Y

n/a

Updated

12 Aug, 2022

Data

Company Financials
ETHOSLTD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

ETHOSLTD Stock Overview

Ethos Limited operates a chain of watch boutiques.

Ethos Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ethos
Historical stock prices
Current Share Price₹1,107.55
52 Week High₹1,125.00
52 Week Low₹707.45
Beta0
1 Month Change33.24%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO37.91%

Recent News & Updates

Shareholder Returns

ETHOSLTDIN Specialty RetailIN Market
7D13.6%6.4%1.4%
1Yn/a53.9%8.2%

Return vs Industry: Insufficient data to determine how ETHOSLTD performed against the Indian Specialty Retail industry.

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

Price Volatility

Is ETHOSLTD's price volatile compared to industry and market?
ETHOSLTD volatility
ETHOSLTD Average Weekly Movement5.2%
Specialty Retail Industry Average Movement5.8%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: ETHOSLTD is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: Insufficient data to determine ETHOSLTD's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aPranav Saboohttps://www.ethoswatches.com

Ethos Limited operates a chain of watch boutiques. It sells watches and accessories. The company also provides watch aftercare services, including repair, restoration, movement overhauling, ultrasonic cleaning, engraving, and alterations.

Ethos Fundamentals Summary

How do Ethos's earnings and revenue compare to its market cap?
ETHOSLTD fundamental statistics
Market Cap₹25.86b
Earnings (TTM)₹353.49m
Revenue (TTM)₹6.62b

73.2x

P/E Ratio

3.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ETHOSLTD income statement (TTM)
Revenue₹6.62b
Cost of Revenue₹4.66b
Gross Profit₹1.95b
Other Expenses₹1.60b
Earnings₹353.49m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)15.14
Gross Margin29.53%
Net Profit Margin5.34%
Debt/Equity Ratio69.6%

How did ETHOSLTD perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ETHOSLTD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ETHOSLTD?

Other financial metrics that can be useful for relative valuation.

ETHOSLTD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.1x
Enterprise Value/EBITDA29.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does ETHOSLTD's PE Ratio compare to its peers?

ETHOSLTD PE Ratio vs Peers
The above table shows the PE ratio for ETHOSLTD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average31.7x
DPABHUSHAN D. P. Abhushan
21xn/a₹8.5b
GOCOLORS Go Fashion (India)
73.8x32.8%₹58.4b
540775 Khadim India
21.1xn/a₹4.4b
540125 Radhika Jeweltech
11xn/a₹3.8b
ETHOSLTD Ethos
73.2xn/a₹25.9b

Price-To-Earnings vs Peers: ETHOSLTD is expensive based on its Price-To-Earnings Ratio (73.2x) compared to the peer average (31.7x).


Price to Earnings Ratio vs Industry

How does ETHOSLTD's PE Ratio compare vs other companies in the IN Specialty Retail Industry?

Price-To-Earnings vs Industry: ETHOSLTD is expensive based on its Price-To-Earnings Ratio (73.2x) compared to the Indian Specialty Retail industry average (28.5x)


Price to Earnings Ratio vs Fair Ratio

What is ETHOSLTD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ETHOSLTD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio73.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ETHOSLTD's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ETHOSLTD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ETHOSLTD's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ETHOSLTD's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.4%

Forecasted Retail industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ethos has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Check out Ethos's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  • Ethos competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Ethos performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


56.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ETHOSLTD has a large one-off gain of ₹80.4M impacting its June 30 2022 financial results.

Growing Profit Margin: ETHOSLTD's current net profit margins (5.3%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: ETHOSLTD has become profitable over the past 5 years, growing earnings by 56.5% per year.

Accelerating Growth: ETHOSLTD's earnings growth over the past year (247.4%) exceeds its 5-year average (56.5% per year).

Earnings vs Industry: ETHOSLTD earnings growth over the past year (247.4%) exceeded the Specialty Retail industry 36.5%.


Return on Equity

High ROE: ETHOSLTD's Return on Equity (15.3%) is considered low.


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Financial Health

How is Ethos's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ETHOSLTD's short term assets (₹3.4B) exceed its short term liabilities (₹1.6B).

Long Term Liabilities: ETHOSLTD's short term assets (₹3.4B) exceed its long term liabilities (₹1.1B).


Debt to Equity History and Analysis

Debt Level: ETHOSLTD's net debt to equity ratio (52.4%) is considered high.

Reducing Debt: ETHOSLTD's debt to equity ratio has reduced from 101.4% to 69.6% over the past 5 years.

Debt Coverage: ETHOSLTD's debt is not well covered by operating cash flow (10.3%).

Interest Coverage: ETHOSLTD's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ETHOSLTD has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Pranav Saboo (34 yo)

4.33yrs

Tenure

₹25,069,000

Compensation

Mr. Pranav Shankar Saboo serves as Chief Executive Officer of Ethos Watch Boutique. He served as Business Head of Packaging Division at KDDL Limited since February 01, 2010. He is Chief Executive Officer a...


Leadership Team

Experienced Management: ETHOSLTD's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: ETHOSLTD's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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: ETHOSLTD only recently listed within the past 12 months.


Top Shareholders

Company Information

Ethos Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ethos Limited
  • Ticker: ETHOSLTD
  • Exchange: NSEI
  • Founded: 2003
  • Industry: Apparel Retail
  • Sector: Retail
  • Implied Market Cap: ₹25.860b
  • Shares outstanding: 23.35m
  • Website: https://www.ethoswatches.com

Location

  • Ethos Limited
  • Kamla Centre
  • SCO 88-89
  • Chandigarh
  • Chandigarh
  • 160009
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.