BSE:511196

Stock Analysis Report

Executive Summary

Can Fin Homes Limited provides housing finance services primarily to individuals and builders/developers in India.

Rewards

Earnings have grown 26% per year over the past 5 years

Risk Analysis

No risks detected for 511196 from our risk checks.


Snowflake Analysis

Acceptable track record second-rate dividend payer.


Similar Companies

Share Price & News

How has Can Fin Homes's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 511196 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

20.1%

511196

0.5%

IN Mortgage

0.2%

IN Market


1 Year Return

75.3%

511196

11.1%

IN Mortgage

7.2%

IN Market

Return vs Industry: 511196 exceeded the Indian Mortgage industry which returned 12.1% over the past year.

Return vs Market: 511196 exceeded the Indian Market which returned 6.7% over the past year.


Shareholder returns

511196IndustryMarket
7 Day20.1%0.5%0.2%
30 Day18.2%3.7%2.1%
90 Day19.5%16.5%5.7%
1 Year76.3%75.3%12.8%11.1%9.2%7.2%
3 Year36.1%34.2%65.3%58.4%33.1%26.2%
5 Year294.7%282.0%83.8%71.1%35.6%23.5%

Price Volatility Vs. Market

How volatile is Can Fin Homes's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Can Fin Homes undervalued compared to its fair value and its price relative to the market?

17.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 511196 (₹375.45) is trading above our estimate of fair value (₹292.47)

Significantly Below Fair Value: 511196 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 511196 is poor value based on its PE Ratio (15.6x) compared to the Mortgage industry average (14.4x).

PE vs Market: 511196 is poor value based on its PE Ratio (15.6x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 511196's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 511196 is overvalued based on its PB Ratio (2.6x) compared to the IN Mortgage industry average (1.2x).


Next Steps

Future Growth

How is Can Fin Homes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Can Fin Homes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Can Fin Homes performed over the past 5 years?

24.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 511196 has high quality earnings.

Growing Profit Margin: 511196's current net profit margins (56.5%) are higher than last year (56.3%).


Past Earnings Growth Analysis

Earnings Trend: 511196's earnings have grown significantly by 26% per year over the past 5 years.

Accelerating Growth: 511196's earnings growth over the past year (2.1%) is below its 5-year average (26% per year).

Earnings vs Industry: 511196 earnings growth over the past year (2.1%) underperformed the Mortgage industry 17.3%.


Return on Equity

High ROE: 511196's Return on Equity (16.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Can Fin Homes's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 511196 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 511196's debt is covered by short term assets (assets are 1.2x debt).


Financial Institutions Analysis

Asset Level: 511196's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 511196 has a sufficient allowance for bad loans.

Low Risk Liabilities: 511196 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 511196 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 511196 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 511196 has an appropriate level of bad loans.


Next Steps

Dividend

What is Can Fin Homes's current dividend yield, its reliability and sustainability?

0.43%

Current Dividend Yield


Dividend Yield vs Market

company0.4%marketbottom25%0.6%markettop25%2.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 511196's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: 511196's dividend (0.53%) is low compared to the top 25% of dividend payers in the Indian market (2.31%).


Stability and Growth of Payments

Stable Dividend: 511196's dividends per share have been stable in the past 10 years.

Growing Dividend: 511196's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.3%), 511196's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Can Fin Homes's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average board tenure


CEO

Girish Kousgi 0

0yrs

Tenure

0

Mr. Girish Kousgi serves as a Managing Director, Chief Executive Officer and Director at Can Fin Homes Ltd. He has Extensive Experience assets and liabilities and has gained expertise in mortage, retail le ...


Board Age and Tenure

1.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 511196's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Shamila Mangalore

    General Manager

    • Compensation: ₹1.82m
  • Prashanth Joishy

    Assistant GM

    • Tenure: 0.7yrs
  • Veena Kamath

    Assistant GM

    • Compensation: ₹1.48m
  • Girish Kousgi

    MD, CEO & Director

    • Shreekant Bhandiwad (49yo)

      Deputy MD & Whole-Time Director

      • Tenure: 1.8yrs
      • Compensation: ₹2.05m

    Board Members

    • Bharati Rao (71yo)

      Non Executive Independent Chairperson

      • Tenure: 1.5yrs
      • Compensation: ₹495.00k
    • Yeluri Vijayanand (71yo)

      Additional Non-Executive Independent Director

      • Tenure: 1.4yrs
      • Compensation: ₹350.00k
    • Debashish Mukherjee (53yo)

      Additional Director

      • Tenure: 0.8yrs
      • Compensation: ₹30.00k
    • Ganesan Naganathan (56yo)

      Independent Non-Executive Director

      • Tenure: 3.3yrs
      • Compensation: ₹535.00k
    • Girish Kousgi

      MD, CEO & Director

      • Shreekant Bhandiwad (49yo)

        Deputy MD & Whole-Time Director

        • Tenure: 1.8yrs
        • Compensation: ₹2.05m
      • Shankara Subramanian (58yo)

        Additional Director

        • Tenure: 1.3yrs
        • Compensation: ₹155.00k

      Company Information

      Can Fin Homes Limited's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: Can Fin Homes Limited
      • Ticker: 511196
      • Exchange: BSE
      • Founded: 1987
      • Industry: Thrifts and Mortgage Finance
      • Sector: Banks
      • Market Cap: ₹51.844b
      • Shares outstanding: 133.15m
      • Website: https://www.canfinhomes.com

      Number of Employees


      Location

      • Can Fin Homes Limited
      • No. 29/1, Sir M N Krishna Rao Road
      • 1st Floor
      • Bengaluru
      • Karnataka
      • 560004
      • India

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      511196BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 1994
      CANFINHOMENSEI (National Stock Exchange of India)YesEquity SharesININRDec 1994

      Biography

      Can Fin Homes Limited provides housing finance services primarily to individuals and builders/developers in India. The company offers housing loans, such as individual housing loans, affordable housing loans, composite loans, and top-up loans; and non-housing loans, including mortgage loans, site loans, loans for commercial properties, loans against rent receivables, personal loans, loans for children education, and loans for pensioners, as well as fixed and cumulative deposits. As of March 31, 2019, it operated 154 branches, 21 affordable housing loan centers, and 14 satellite offices. Can Fin Homes Limited was founded in 1987 and is headquartered in Bengaluru, India. 


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2020/01/21 12:44
      End of Day Share Price2020/01/21 00:00
      Earnings2019/12/31
      Annual Earnings2019/03/31


      Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.