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GOCO

Go Fashion (India) NSEI:GOCOLORS Stock Report

Last Price

₹1.12k

Market Cap

₹60.3b

7D

6.3%

1Y

n/a

Updated

07 Aug, 2022

Data

Company Financials +
GOCOLORS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance2/6
Financial Health6/6
Dividends0/6

GOCOLORS Stock Overview

Go Fashion (India) Limited engages in the design development, sourcing, marketing, and retailing of a range of women’s bottom-wear and kids apparel products under the Go Colors brand in India.

Rewards

Earnings are forecast to grow 53.34% per year

Became profitable this year

Risk Analysis

No risks detected for GOCOLORS from our risk checks.

Go Fashion (India) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Go Fashion (India)
Historical stock prices
Current Share Price₹1,116.50
52 Week High₹1,339.90
52 Week Low₹847.30
Beta0
1 Month Change11.99%
3 Month Change11.22%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.94%

Recent News & Updates

Shareholder Returns

GOCOLORSIN Specialty RetailIN Market
7D6.3%6.2%1.8%
1Yn/a41.9%7.0%

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

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

Price Volatility

Is GOCOLORS's price volatile compared to industry and market?
GOCOLORS volatility
GOCOLORS Average Weekly Movement6.0%
Specialty Retail Industry Average Movement6.0%
Market Average Movement6.6%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.3%

Stable Share Price: GOCOLORS is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GOCOLORS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20102,623n/ahttps://www.gocolors.co.in

Go Fashion (India) Limited engages in the design development, sourcing, marketing, and retailing of a range of women’s bottom-wear and kids apparel products under the Go Colors brand in India. Its bottom-wear products include churidars, leggings, dhotis, harem pants, patiala, palazzos, culottes, pants, trousers, and jeggings in various categories, such as ethnic wear, western wear, fusion wear, athleisure, denims, plus sizes, and girls wear. The company sells its products through a network of 500 exclusive brand outlets, as well as through its website, online marketplaces, and multi-brand outlets.

Go Fashion (India) Fundamentals Summary

How do Go Fashion (India)'s earnings and revenue compare to its market cap?
GOCOLORS fundamental statistics
Market Cap₹60.30b
Earnings (TTM)₹356.01m
Revenue (TTM)₹4.01b

169.4x

P/E Ratio

15.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GOCOLORS income statement (TTM)
Revenue₹4.01b
Cost of Revenue₹1.60b
Gross Profit₹2.41b
Other Expenses₹2.05b
Earnings₹356.01m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 10, 2022

Earnings per share (EPS)6.59
Gross Margin60.07%
Net Profit Margin8.87%
Debt/Equity Ratio0%

How did GOCOLORS perform over the long term?

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

Valuation

Is GOCOLORS 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 GOCOLORS?

Other financial metrics that can be useful for relative valuation.

GOCOLORS 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/Revenue15.3x
Enterprise Value/EBITDA51.5x
PEG Ratio3.2x

Price to Sales Ratio vs Peers

How does GOCOLORS's PS Ratio compare to its peers?

GOCOLORS PS Ratio vs Peers
The above table shows the PS ratio for GOCOLORS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average6.7x
ARVINDFASN Arvind Fashions
1.3x20.2%₹38.4b
ETHOSLTD Ethos
3.4xn/a₹22.8b
METROBRAND Metro Brands
11.6x16.3%₹199.7b
500251 Trent
10.4x20.1%₹468.0b
GOCOLORS Go Fashion (India)
15x31.2%₹60.3b

Price-To-Sales vs Peers: GOCOLORS is expensive based on its Price-To-Sales Ratio (15x) compared to the peer average (6.7x).


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: GOCOLORS is expensive based on its Price-To-Sales Ratio (15x) compared to the Indian Specialty Retail industry average (1.3x)


Price to Sales Ratio vs Fair Ratio

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

GOCOLORS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio15x
Fair PS Ratio9.3x

Price-To-Sales vs Fair Ratio: GOCOLORS is expensive based on its Price-To-Sales Ratio (15x) compared to the estimated Fair Price-To-Sales Ratio (9.3x).


Share Price vs Fair Value

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

Below Fair Value: GOCOLORS (₹1116.5) is trading above our estimate of fair value (₹197.11)

Significantly Below Fair Value: GOCOLORS is trading above our estimate of fair value.


Analyst Price Targets

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

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Go Fashion (India) forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


53.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GOCOLORS's forecast earnings growth (53.3% per year) is above the savings rate (6.8%).

Earnings vs Market: GOCOLORS's earnings (53.3% per year) are forecast to grow faster than the Indian market (18.4% per year).

High Growth Earnings: GOCOLORS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GOCOLORS's revenue (31.2% per year) is forecast to grow faster than the Indian market (10.8% per year).

High Growth Revenue: GOCOLORS's revenue (31.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GOCOLORS's Return on Equity is forecast to be high in 3 years time (24%)


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Past Performance

How has Go Fashion (India) performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


60.1%

Last years revenue growth

Earnings and Revenue History

Quality Earnings: GOCOLORS has high quality earnings.

Growing Profit Margin: GOCOLORS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if GOCOLORS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: GOCOLORS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GOCOLORS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (26.5%).


Return on Equity

High ROE: GOCOLORS's Return on Equity (8.1%) is considered low.


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Financial Health

How is Go Fashion (India)'s financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GOCOLORS's short term assets (₹4.2B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: GOCOLORS's short term assets (₹4.2B) exceed its long term liabilities (₹1.8B).


Debt to Equity History and Analysis

Debt Level: GOCOLORS is debt free.

Reducing Debt: GOCOLORS had no debt 5 years ago.

Debt Coverage: GOCOLORS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GOCOLORS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Go Fashion (India) 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


0.48%

Forecast Dividend Yield

Dividend Yield vs Market

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

High Dividend: Unable to evaluate GOCOLORS'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 GOCOLORS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GOCOLORS'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 GOCOLORS has not reported any payouts.


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Management

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


CEO

Go Fashion (India) has no CEO, or we have no data on them.


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: GOCOLORS only recently listed within the past 12 months.


Top Shareholders

Company Information

Go Fashion (India) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Go Fashion (India) Limited
  • Ticker: GOCOLORS
  • Exchange: NSEI
  • Founded: 2010
  • Industry: Apparel Retail
  • Sector: Retail
  • Implied Market Cap: ₹60.301b
  • Shares outstanding: 54.01m
  • Website: https://www.gocolors.co.in

Number of Employees


Location

  • Go Fashion (India) Limited
  • New No.4, Sathak Center
  • 5th Floor
  • Chennai
  • Tamil Nadu
  • 600034
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
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.