Latest news with #SarineTechnologies
Forbes
07-06-2025
- Business
- Forbes
GCAL By Sarine Gemstone ID Lab Communicates Ethos Of Integrity At JCK
GCAL By Sarine's proprietary; radically rigorous 8X Ultimate Diamond Cut Grading standards assess ... More round, marquise, pear, princess, oval and radiant cut diamonds. According to Avi Levy, New York-based Chief Growth Officer at the gemstone identification laboratory GCAL by Sarine, 'While consumer trust in diamond and colored gemstone grading labs is essential for a healthy, high-functioning gemstone market and jewelry industry, many diverse factors contribute to this trust.' To begin with, Levy insisted, 'Of primary importance is using crystal clear terms to communicate grading standards and the criteria used to assess a diamond's characteristics.' Labs like GIA, IGI and GCAL by Sarine are consulted by consumers and those in the gem and jewelry trades due to their consistency, accuracy, and adherence to strict gemological standards. (GCAL by Sarine's parent company Sarine Technologies Ltd. is a publicly traded company that develops, produces and sells technologies for the diamond industry, including devices for the planning, analysis and grading of rough and polished diamonds.) This writer spoke to industry veteran Levy and GCAL by Sarine president Angelo Palmieri as they were launching the lab's new 8X Radiant Cut Grade at the JCK show in Las Vegas. As North America's largest gemstone and jewelry-related trade show, JCK is a foundational platform for labs like GCAL by Sarine to articulate advances in diamond grading standards. By extension, JCK serves as a venue for building trust in those standards among the jewelry manufacturers, retailers and designers who ultimately articulate those standards to consumers. Consumer trust in gemstone identification labs is so absolutely vital as those businesses provide objective, third-party assessments that help consumers, retailers and others understand, and verify, a diamond's quality. 'GCAL written assessments help clients make decisions informed by objective evidence,' Levy opined, 'rather than marketing statements or emotion.' But how does a company like GCAL by Sarine go about grading diamonds and other gemstones, plus communicate with customers so all parties learn and benefit from the interaction? As Levy explained, 'Just as all diamonds, colored gemstones and pearls are unique, each gem identification and grading laboratory is unique in that it follows proprietary protocols-- and embodies a singular ethos. GCAL,' he continued, 'is the only gem ID and grading lab in the world to offer a 4Cs Grading Guarantee. GCAL," he maintained, "provides an unparalleled assurance of diamond quality with every certificate it issues.' This grading guarantee, Levy continued, 'ensures accuracy, consistency, and transparency, delivering three vital values that consumers, retailers and manufacturers" all deserve-- yet may never obtain. 'We are here to help customers understand the factors that contribute to a diamond's value and beauty,' Levy detailed. 'We educate our clients and our website educates the public by detailing the whys and wherefores of diamond grading and the factors that affect a diamond's value.' Equally important, in the very rare cases in which GCAL issues a report that is later proven to be inaccurate, if a diamond's grading is found to be lower than what's stated on the GCAL certificate, the company will reimburse the customer the difference between what they paid and the fair market value of an equivalent diamond. 'We will pay the difference and make the customer whole,' Palmieri said. 'We are too committed to our customers, and to the truth, to do anything else.' FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder Moreover, Levy noted, GCAL is constantly striving to develop deeply discerning cut grades in order to provide more rigorous protections for clients, whether they be newlywed consumers, retailers, jewelry manufacturers or global jewelry brands. For example, Levy explained, 'GCAL developed a radically rigorous cut grade to differentiate the best, brightest and most beautiful diamonds from all others, called the 8X Cut Grade. Unlike many other gem identification labs, we thoroughly assess the diamond in terms of light performance." This is important, Palmieri said, 'because certain cuts, such as Fancy Shaped oval, marquise and pear can be more prone to ugly shape outline issues or what we call the bow-tie effect, which is a darker area caused by light leakage." A bow-tie can make the diamond appear dull or shadowy, which in turn can lower the value of the stone." In 2025's diamond market, Levy emphasized, 'more than half of all the round brilliant cut diamonds are given Excellent cut grades, but less than one per cent qualify as 8X. The GCAL 8X Ultimate Cut Grade, he continued, 'gives quality-conscious, discerning consumers a way to confidently select the most brilliant and beautiful diamonds, even when purchasing them online, sight unseen.' As Palmieri observed, 'If you care about cut, you will care about 8X and its radically thorough standards for assessing different diamond cuts.' Another way that GCAL by Sarine is building trust with clients involves 'documentation of diamond origin and AI diamond grading,' Levy said. For example, 'Artificial Intelligence (AI) makes verifiable diamond traceability possible. GCAL by Sarine technology captures extensive data about each and every diamond at a given mine, tagging each stone with a unique, unalterable registration number and then tracks it on its journey through the manufacturing process, while adding information along the way. This information is stored securely in the Sarine cloud,' Levy stated, 'and several safeguards are in place to prevent tampering or falsification.' As Palmieri put it, 'We're a heritage company that started like a premium small-batch label and yet we grew globally without ever compromising. People trust us because we do things right, with precision, integrity, and heart.' What's more, he added, 'We've been using AI-based color and clarity grading technologies since 2018, well before many of our competitors even knew what AI was, so we remain ahead of the curve.' Levy added that GCAL collaborates with various organizations to address ethical concerns related to diamond sourcing and the environment. 'In this industry,' he noted, 'you are only as strong as your alliances, and we nurture our alliances with fellow stakeholders for the good of our business and the consumers who support us.'
Yahoo
27-03-2025
- Business
- Yahoo
Sarine Technologies (SGX:U77) May Have Issues Allocating Its Capital
When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics that can help spot trouble early. A business that's potentially in decline often shows two trends, a return on capital employed (ROCE) that's declining, and a base of capital employed that's also declining. Basically the company is earning less on its investments and it is also reducing its total assets. So after we looked into Sarine Technologies (SGX:U77), the trends above didn't look too great. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Sarine Technologies is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.011 = US$669k ÷ (US$72m - US$9.0m) (Based on the trailing twelve months to December 2024). Thus, Sarine Technologies has an ROCE of 1.1%. In absolute terms, that's a low return and it also under-performs the Machinery industry average of 4.4%. See our latest analysis for Sarine Technologies While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Sarine Technologies. We are a bit worried about the trend of returns on capital at Sarine Technologies. About five years ago, returns on capital were 1.7%, however they're now substantially lower than that as we saw above. And on the capital employed front, the business is utilizing roughly the same amount of capital as it was back then. Companies that exhibit these attributes tend to not be shrinking, but they can be mature and facing pressure on their margins from competition. So because these trends aren't typically conducive to creating a multi-bagger, we wouldn't hold our breath on Sarine Technologies becoming one if things continue as they have. All in all, the lower returns from the same amount of capital employed aren't exactly signs of a compounding machine. But investors must be expecting an improvement of sorts because over the last five yearsthe stock has delivered a respectable 46% return. Regardless, we don't feel too comfortable with the fundamentals so we'd be steering clear of this stock for now. One more thing to note, we've identified 3 warning signs with Sarine Technologies and understanding these should be part of your investment process. While Sarine Technologies isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
28-02-2025
- Business
- Yahoo
Is Sarine Technologies Ltd.'s (SGX:U77) Recent Performance Underpinned By Weak Financials?
With its stock down 6.4% over the past three months, it is easy to disregard Sarine Technologies (SGX:U77). Given that stock prices are usually driven by a company's fundamentals over the long term, which in this case look pretty weak, we decided to study the company's key financial indicators. Particularly, we will be paying attention to Sarine Technologies' ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. View our latest analysis for Sarine Technologies The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Sarine Technologies is: 1.9% = US$1.1m ÷ US$57m (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each SGD1 of shareholders' capital it has, the company made SGD0.02 in profit. So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. It is hard to argue that Sarine Technologies' ROE is much good in and of itself. Even compared to the average industry ROE of 7.0%, the company's ROE is quite dismal. Therefore, it might not be wrong to say that the five year net income decline of 20% seen by Sarine Technologies was possibly a result of it having a lower ROE. We believe that there also might be other aspects that are negatively influencing the company's earnings prospects. Such as - low earnings retention or poor allocation of capital. So, as a next step, we compared Sarine Technologies' performance against the industry and were disappointed to discover that while the company has been shrinking its earnings, the industry has been growing its earnings at a rate of 10% over the last few years. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Sarine Technologies''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. With a high three-year median payout ratio of 60% (implying that 40% of the profits are retained), most of Sarine Technologies' profits are being paid to shareholders, which explains the company's shrinking earnings. With only very little left to reinvest into the business, growth in earnings is far from likely. To know the 3 risks we have identified for Sarine Technologies visit our risks dashboard for free. In addition, Sarine Technologies has been paying dividends over a period of at least ten years suggesting that keeping up dividend payments is way more important to the management even if it comes at the cost of business growth. On the whole, Sarine Technologies' performance is quite a big let-down. The company has seen a lack of earnings growth as a result of retaining very little profits and whatever little it does retain, is being reinvested at a very low rate of return. Up till now, we've only made a short study of the company's growth data. You can do your own research on Sarine Technologies and see how it has performed in the past by looking at this FREE detailed graph of past earnings, revenue and cash flows. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
