Goldiam
International Ltd ( 526729
) closes at ₹425.50 with
a Gain of +4.60% on 21-May-2021
with formation of a Green Candle on Daily
Price Chart.
About the Company : Goldiam
International is engaged in the business of Manufacturers and exporters of
studded gold and silver jewellery
Strength : 1. Strengthening its presence in the US,
driven by its focus on lab-grown diamonds, which have been gaining popularity.
2. Focusing on growing
e-commerce sales, the company aims to reach a larger audience and improve its
profitability and working capital cycle
Financials
: Goldiam
International Ltd has posted Net Sales /
Revenue of ₹365.00 Cr &
Net Profit of ₹47.00 Cr in
FY2020 and expected to post Net Sales / Revenue of ₹357.00 Cr &
Net Profit of ₹67.00 Cr in FY2021
.
Valuations : The Company is now Trading at X 0.80 of
its valuations ( FY2021 earnings considered here)
with ~20 % Discount.
Margin of Safety (1Yr Bond Yield: Value>1 ) is now 1.80 which makes is attractive. The Equity Value Per Share ( Enterprise Value Method
) is ₹398.80
Whats best in It : Goldiam International Ltd is a Debt Free Company and now
available at EPS of 21.14 (FY2020), which will improve to 30.08 by FY2021 &
a regular Dividend Payment company. Cash equivalents form about 40 per cent of the
market cap.
If We
factor its earnings/valuations, its Price arrives at ₹773.00
with consideration FY2024 earnings. ( ₹951.20
for FY2025 Earnings Basis).
Disclaimer :
We are / may going to take exposure shortly.
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Data
Source | NSE Website | Screener.In | Capital Line | Money Control |
The
author tracks economic, behavioural and corporate tends, hoping to gauge good
avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
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