1. Is Timex Group India Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Timex Group India Ltd is a below average quality company.
2. Is Timex Group India Ltd undervalued or overvalued?
The key valuation ratios of Timex Group India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Timex Group India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Timex Group India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||-63.6%||-101.1%||-68.1%||-29.3%||-6%||22.5%||19.8%||1.3%||-25.3%||18.9%||-|
|Value Creation Index ⓘ||NA||NA||NA||NA||NA||0.6||0.4||NA||NA||0.4||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||1.8%||15.2%||21.8%||15.4%||3.6%||16.6%||4.3%||-44.1%||87.7%||-|
|Adj EPS ⓘ||-3.9||-2.9||-1.1||-0.6||-0.3||0.7||0.8||-0.1||-0.9||0.4||2.8|
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||14.3%||-117.5%||NA||NA||-|
|BVPS (₹) ⓘ||-1.1||-4.3||-5.5||-6.4||-6.7||-6||-5.3||-5.5||-6.3||-6||4.6|
|Adj Net Profit ⓘ||-39.5||-28.8||-11.4||-6.2||-3.3||7.1||8.1||-1.4||-8.7||3.5||28|
|Cash Flow from Ops. ⓘ||7.3||-4.8||-8.1||-1.4||-23||-0.8||6.4||9.5||22.4||-17.7||-|
|Debt/CF from Ops. ⓘ||1.4||-3.6||-3.4||-24.3||-1.1||-37.7||4.2||2.2||0.1||-1.4||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||-24.1%||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-76.8||-206.3||136.8||32.8||43.2||61.1||42.8||-6.5||-52.4||25||-395.7|
|Op. Profit Mgn % ⓘ||-29.1||-19.1||-4.8||0.9||0.8||5.1||5||1.7||-2.5||3.2||9.1|
|Net Profit Mgn % ⓘ||-32.5||-23.3||-8||-3.6||-1.7||3.4||3.3||-0.6||-6.2||1.3||7.8|
|Debt to Equity ⓘ||0.3||-6.8||-2||-1.5||3.2||1.9||1.2||1||0.2||1.5||0|
|Working Cap Days ⓘ||412||333||278||239||185||170||149||146||265||136||120|
|Cash Conv. Cycle ⓘ||186||70||34||21||22||39||23||29||47||35||37|
Sales growth is good in last 4 quarters at 77.41%
Return on Equity is Poor
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years -24.09%
Debt to equity has increased versus last 3 years average to 1.53
|TTM EPS (₹)||2.8||-|
|TTM Sales (₹ Cr.)||360||-|
|BVPS (₹.) ⓘ||4.6||-|
|Reserves (₹ Cr.) ⓘ||36||-|
|From the Market|
|52 Week Low / High (₹)||55.00 / 157.90|
|All Time Low / High (₹)||6.65 / 157.90|
|Market Cap (₹ Cr.)||1,489|
|Equity (₹ Cr.)||10.1|
|Face Value (₹)||1|
|Industry PE ⓘ||32.1|
The Timex Group India was incorporated in 1988 as a joint venture between Timex Corporation USA and Titan Watches (a Tata company) to manufacture watches.
Timex Group designs manufactures and markets innovative timepieces and jewelry globally. Timex, founded in 1854, has expanded to become Timex Group, with numerous brands and over 5,000 employees worldwide. For over 150 years, Timex has been providing innovative, well-designed and reliable timepieces with hundreds of styles among its Fashion, Sports and Outdoor lines and has sold more than one-billion watches.
One of the largest watch makers in the world, the Timex Group companies market global brands including Timex, Versace, Valentino, Salvatore Ferragamo, Guess, GC, Vincent Berard, Versus, TX, Marc Ecko, Nautica and Opex. Timex Group is privately held.
Timex Groupâ€™s businesses and exclusive worldwide licenses include Timex Business Unit (Timex, Timex Ironman, Opex); Timex Group Luxury Watches (Valentino Timeless, Salvatore Ferragamo Timepieces); Sequel (Guess, Gc); Vertime (Versace, Versus); Vincent BÃ©rard; and Callanen International (TX, Nautica, Marc Ecko).Timex Groupâ€™s vast supply chain network produces and distributes quality timepieces and jewelry through multiple locations across the globe. An extensive network and close partnership with leading logistics service providers allow us to support the global requirements of our brands and customers.
The wide-ranging capabilities of Timex Groupâ€™s manufacturing and distribution are underpinned by years of experience in producing mechanical timepieces combined with the latest innovations in performance and electronics technology. In-house manufacturing includes precision watch parts and movements, assembly and distribution. Timely fulfillment of all production is ensured through extensive planning and scheduling systems augmented with the latest in process and quality controls.
Timex Group built its reputation as the pioneer in timekeeping and jewelry by harnessing the power and possibility of time. From the first clock and wristwatch we produced through data integration - from classic, time-honored designs through exclusive, luxury collector's pieces -- Timex Group continues to deliver unparalleled quality to a highly diverse and global customer.
Milan to Hong Kong, design sensibility and creativity inspire multiple lifestyle brands. From the hallmark everyday watches on which we built our reputation, to the exclusive, high-end offerings in our portfolio today, we are equipped to meet the needs of our brand partners.
Designer Giorgio Galli and his Milan-based company have built an international presence and outstanding reputation as a leader in the field of modern timekeeping and jewelry design. The Giorgio Galli Design Lab has been creating elaborate watches for Timex Group for over a decade. In July 2007, Timex Group purchased the Giorgio Galli Design Lab.
Timex established itâ€™s state-of-the-art precision Tool room and Injection molding facility in 1992 for manufacturing of precision plastics parts to support the watch business. The Toolroom and Injection moulding facility was commercialized in the year 1998 and has been renamed as Timex Group Precision Engineering Limited .
By leveraging 15 years of experience, the Precision Engineering Division of Timex has established itself as one of the leading commercial Toolrooms in the country.
In 2006 Timex Brand Ambassador Brett Lee unveiled the 'new look' Timex.
Timex Group's unwavering commitment to corporate social responsibility is an integral part of our core values. Its CSR stated mission is to identify, track and address responsibly the social, environmental and economic impact of our business globally.
Product range of the company includes :