Ethos Ltd. benchmarking: Performance to industry peers

Financial

	Ethos Ltd.	Arvind Fashions	V-Mart Retail
Operational Metrics
Retail
Same Store Sales Growth	n/a	n/a	12.0 %
Number of Stores	98.0 .	n/a	577.0 .
Unclassified
Average Selling Price - Watches	207000.0 Rs	n/a	n/a
Financials
5 yr Average ROE	8.38 %	2.42 %	1.4 %
5yr average Equity Multiplier	1.74	4.13	2.83
5yr Average Asset Turnover Ratio	0.97	1.1	0.96
5yr Avg Net Profit Margin	5.79 %	-7.41 %	-0.45 %
Price to Book	4.38	6.59	6.32
P/E	68.66	4602.68	48.49
5yr Avg Cash Conversion Cycle	117.01 Days	-21.07 Days	-18.52 Days
Inventory Days	153.51 Days	101.29 Days	119.77 Days
Days Receivable	4.93 Days	42.92 Days	0.0
Days Payable	62.35 Days	178.62 Days	99.89 Days
5yr Average Interest Coverage Ratio	4.12	1.15	0.86
5yr Avg ROCE	13.5 %	11.58 %	6.04 %
5yr Avg Operating Profit Margin	14.06 %	8.56 %	11.21 %
5 yr average Debt to Equity	0.12	0.8	0.1
5yr CAGR Net Profit	82.47 %	-42.78 %	n/a
5yr Average Return on Assets	5.38 %	-4.85 %	-0.33 %
Shareholdings
Promoter Holding	50.59 %	35.1 %	44.2 %
Share Pledged by Promoters	0.0	8.31 %	0.0
Change in Promoter Holding (3 Yrs)	-14.09 %	-1.72 %	-0.14 %
Change in Mutual Fund Holding (3 Yrs)	13.09 %	9.64 %	2.16 %

	Ethos Ltd.	Arvind Fashions	V-Mart Retail
Product Wise Break-Up	Product Wise Break-Up Watches 98.05 0 Kirana 0 Non Apparels 0 Apparels 0 Others 1.95	Product Wise Break-Up Apparel 100.0 Non Apparels 0 Kirana 0 Apparels 0 Watches 0	Product Wise Break-Up 0 Non apparels 11.0 Kirana 11.0 Apparel 78.0 Watches 0
Location Wise Break-Up	Location Wise Break-Up India 100.0 International 0 Domestic 0 Rest of the World 0	Location Wise Break-Up Domestic 99.15 International 0.85 Rest of the World 0 India 0	Location Wise Break-Up Domestic 0 International 0 Rest of the World 0 India 100.0
Distribution Channel	Distribution Channel Stores 57.26 Online 42.74	Distribution Channel Stores 0 Online 11.0 Others 89.0	-
Operating Profit Break-Up	Operating Profit Break-Up Watches 97.78 Power brands 0 Emerging brands 0 Digital Market Place 0 Retail Trade 0 Others 2.22	Operating Profit Break-Up Emerging brands 0 Power brands 100.0 Retail Trade 0 Digital Market Place 0 Watches 0	Operating Profit Break-Up Emerging brands 0 Power brands 0 Retail Trade 100.0 Digital Market Place 0 Watches 0
Capex	Capex Watches 100.0	-	-