Laxmi Goldorna House Analysis

dividend

Pros

Cons

• Unable to evaluate Laxmi Goldorna House's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Laxmi Goldorna House's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Laxmi Goldorna House is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Laxmi Goldorna House is profitable, therefore cash runway is not a concern.
• Laxmi Goldorna House is profitable, therefore cash runway is not a concern.
• Debt is covered by short term assets, assets are 2.4x debt.
• Laxmi Goldorna House's cash and other short term assets cover its long term commitments.
• The level of debt compared to net worth has been reduced over the past 5 years (166% vs 71.5% today).

Cons

• Debt is not well covered by operating cash flow (16%, less than 20% of total debt).
• Laxmi Goldorna House's level of debt (71.5%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• Jayesh's remuneration is lower than average for companies of similar size in India.
• The tenure for the Laxmi Goldorna House management team is about average.

Cons

• The average tenure for the Laxmi Goldorna House board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• Laxmi Goldorna House is not covered by any analysts.
• NSEI:LGHL has not traded for 8 days.

past

Pros

• Laxmi Goldorna House's earnings growth has exceeded the IN Luxury industry average in the past year (51.6% vs 8.3%).

Cons

• Laxmi Goldorna House used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
• Laxmi Goldorna House's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
• Laxmi Goldorna House has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

Cons

• Laxmi Goldorna House's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Laxmi Goldorna House's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• Laxmi Goldorna House is overvalued based on assets compared to the IN Luxury industry average.
• Laxmi Goldorna House is overvalued based on earnings compared to the IN Luxury industry average.
• Laxmi Goldorna House is overvalued based on earnings compared to the India market.
• NSEI:LGHL is up 7% underperforming the Luxury industry which returned 9.8% over the past month.
• NSEI:LGHL is up 7% underperforming the market in India which returned 8% over the past month.