| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
THANGAMAYL Stock Overview
Thangamayil Jewellery Limited operates a chain of retail jewelry stores in India.
Thangamayil Jewellery Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹969.65 |
| 52 Week High | ₹1,517.05 |
| 52 Week Low | ₹789.00 |
| Beta | 1.03 |
| 1 Month Change | -3.92% |
| 3 Month Change | -12.59% |
| 1 Year Change | 17.48% |
| 3 Year Change | 210.64% |
| 5 Year Change | 301.51% |
| Change since IPO | 1,303.26% |
Recent News & Updates
Shareholder Returns
| THANGAMAYL | IN Specialty Retail | IN Market | |
|---|---|---|---|
| 7D | 4.0% | 4.8% | 0.6% |
| 1Y | 17.5% | 39.1% | -0.3% |
Return vs Industry: THANGAMAYL underperformed the Indian Specialty Retail industry which returned 39.1% over the past year.
Return vs Market: THANGAMAYL exceeded the Indian Market which returned -0.3% over the past year.
Price Volatility
| THANGAMAYL volatility | |
|---|---|
| THANGAMAYL Average Weekly Movement | 4.8% |
| Specialty Retail Industry Average Movement | 6.1% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.4% |
Stable Share Price: THANGAMAYL is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: THANGAMAYL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1947 | 1,617 | Balarama Das | https://www.thangamayil.com |
Thangamayil Jewellery Limited operates a chain of retail jewelry stores in India. The company offers gold, diamond, silver, and platinum jewelries, as well as silver articles, bars, and coins. It also manufactures jewelry and other accessories and products.
Thangamayil Jewellery Fundamentals Summary
| THANGAMAYL fundamental statistics | |
|---|---|
| Market Cap | ₹13.30b |
| Earnings (TTM) | ₹385.43m |
| Revenue (TTM) | ₹21.93b |
34.5x
P/E Ratio0.6x
P/S RatioIs THANGAMAYL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| THANGAMAYL income statement (TTM) | |
|---|---|
| Revenue | ₹21.93b |
| Cost of Revenue | ₹19.95b |
| Gross Profit | ₹1.98b |
| Other Expenses | ₹1.59b |
| Earnings | ₹385.43m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 28.09 |
| Gross Margin | 9.01% |
| Net Profit Margin | 1.76% |
| Debt/Equity Ratio | 125.4% |
How did THANGAMAYL perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield36%
Payout RatioDoes THANGAMAYL pay a reliable dividends?
See THANGAMAYL dividend history and benchmarks| Thangamayil Jewellery dividend dates | |
|---|---|
| Ex Dividend Date | Jul 27 2022 |
| Dividend Pay Date | Sep 03 2022 |
| Days until Ex dividend | 23 days |
| Days until Dividend pay date | 61 days |
Does THANGAMAYL pay a reliable dividends?
See THANGAMAYL dividend history and benchmarksValuation
Is THANGAMAYL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for THANGAMAYL?
Other financial metrics that can be useful for relative valuation.
| What is THANGAMAYL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹13.30b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.8x |
| Enterprise Value/EBITDA | 16.7x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does THANGAMAYL's PE Ratio compare to its peers?
| THANGAMAYL PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 42.1x | ||
534369 Tribhovandas Bhimji Zaveri | 21.3x | n/a | ₹4.3b |
540205 Aditya Vision | 25x | n/a | ₹9.1b |
ETHOSLTD Ethos | 78.4x | n/a | ₹18.3b |
540425 Shankara Building Products | 43.7x | n/a | ₹15.0b |
THANGAMAYL Thangamayil Jewellery | 34.5x | n/a | ₹13.3b |
Price-To-Earnings vs Peers: THANGAMAYL is good value based on its Price-To-Earnings Ratio (34.5x) compared to the peer average (42.1x).
Price to Earnings Ratio vs Industry
How does THANGAMAYL's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?
Price-To-Earnings vs Industry: THANGAMAYL is good value based on its Price-To-Earnings Ratio (34.5x) compared to the Indian Specialty Retail industry average (40.5x)
Price to Earnings Ratio vs Fair Ratio
What is THANGAMAYL'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 34.5x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate THANGAMAYL's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of THANGAMAYL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: THANGAMAYL (₹969.65) is trading above our estimate of fair value (₹123.34)
Significantly Below Fair Value: THANGAMAYL is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate THANGAMAYL's PEG Ratio to determine if it is good value.
Discover undervalued companies
Future Growth
How is Thangamayil Jewellery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
16.8%
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 Thangamayil Jewellery 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
- Take a look at our analysis of THANGAMAYL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Thangamayil Jewellery competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Thangamayil Jewellery performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
26.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THANGAMAYL has a high level of non-cash earnings.
Growing Profit Margin: THANGAMAYL's current net profit margins (1.8%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: THANGAMAYL's earnings have grown significantly by 26.7% per year over the past 5 years.
Accelerating Growth: THANGAMAYL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: THANGAMAYL had negative earnings growth (-55.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (44.4%).
Return on Equity
High ROE: THANGAMAYL's Return on Equity (11.9%) is considered low.
Discover strong past performing companies
Financial Health
How is Thangamayil Jewellery's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: THANGAMAYL's short term assets (₹8.0B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: THANGAMAYL's short term assets (₹8.0B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: THANGAMAYL's net debt to equity ratio (120.3%) is considered high.
Reducing Debt: THANGAMAYL's debt to equity ratio has increased from 79% to 125.4% over the past 5 years.
Debt Coverage: THANGAMAYL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: THANGAMAYL's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Thangamayil Jewellery current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.03%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: THANGAMAYL's dividend (1.03%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: THANGAMAYL's dividend (1.03%) is low compared to the top 25% of dividend payers in the Indian market (1.86%).
Stability and Growth of Payments
Stable Dividend: THANGAMAYL's dividend payments have been volatile in the past 10 years.
Growing Dividend: THANGAMAYL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), THANGAMAYL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: THANGAMAYL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
14.8yrs
Average board tenure
CEO
Balarama Das (65 yo)
no data
Tenure
₹5,400,000
Compensation
Mr. Balarama Govinda Das founded Thangamayil Jewellery Limited and serves as its Managing Director and Chairman. Mr. Das is in the business of Manufacturing and Trading of Gold and Diamond jewellery for mo...
CEO Compensation Analysis
Compensation vs Market: Balarama's total compensation ($USD68.43K) is below average for companies of similar size in the Indian market ($USD194.34K).
Compensation vs Earnings: Balarama's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: THANGAMAYL's board of directors are seasoned and experienced ( 14.8 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: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Thangamayil Jewellery Limited's employee growth, exchange listings and data sources
Key Information
- Name: Thangamayil Jewellery Limited
- Ticker: THANGAMAYL
- Exchange: NSEI
- Founded: 1947
- Industry: Specialty Stores
- Sector: Retail
- Implied Market Cap: ₹13.303b
- Shares outstanding: 13.72m
- Website: https://www.thangamayil.com
Number of Employees
Location
- Thangamayil Jewellery Limited
- No.25/6, Palami Center
- 2nd & 3rd Floors
- Madurai
- Tamil Nadu
- 625014
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.