Aavas Financiers
Market Cap
₹117.1b
Last Updated
2020/10/27 12:53 UTC
Data Sources
Company Financials +
Executive Summary
Aavas Financiers Limited provides housing loans to customers belonging to low and middle income segments in semi-urban and rural areas in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with moderate growth potential.
Similar Companies
Share Price & News
How has Aavas Financiers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AAVAS is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AAVAS's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.2%
AAVAS
-6.2%
IN Mortgage
-1.3%
IN Market
1 Year Return
-7.6%
AAVAS
16.0%
IN Mortgage
32.8%
IN Market
Return vs Industry: AAVAS underperformed the Indian Mortgage industry which returned -3.9% over the past year.
Return vs Market: AAVAS underperformed the Indian Market which returned 0.9% over the past year.
Shareholder returns
| AAVAS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | -6.2% | -1.3% |
| 30 Day | 7.6% | 8.1% | 9.4% |
| 90 Day | 13.6% | 14.5% | 15.8% |
| 1 Year | -7.6%-7.6% | 17.3%16.0% | 35.3%32.8% |
| 3 Year | n/a | 14.4%9.5% | 21.0%14.8% |
| 5 Year | n/a | 104.2%89.8% | 88.8%73.9% |
Long-Term Price Volatility Vs. Market
How volatile is Aavas Financiers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Aavas Financiers (NSE:AAVAS) Share Prices Have Dropped 12% In The Last Year5 months ago | Simply Wall St
Have Insiders Sold Aavas Financiers Limited (NSE:AAVAS) Shares Recently?6 months ago | Simply Wall St
Do Aavas Financiers's (NSE:AAVAS) Earnings Warrant Your Attention?Valuation
Is Aavas Financiers undervalued compared to its fair value and its price relative to the market?
45.96x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AAVAS (₹1489.9) is trading above our estimate of fair value (₹94.01)
Significantly Below Fair Value: AAVAS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AAVAS is poor value based on its PE Ratio (46x) compared to the IN Mortgage industry average (14.3x).
PE vs Market: AAVAS is poor value based on its PE Ratio (46x) compared to the Indian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: AAVAS is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: AAVAS is overvalued based on its PB Ratio (5.6x) compared to the IN Mortgage industry average (0.7x).
Next Steps
Future Growth
How is Aavas Financiers forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
20.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AAVAS's forecast earnings growth (20.4% per year) is above the savings rate (7.2%).
Earnings vs Market: AAVAS's earnings (20.4% per year) are forecast to grow slower than the Indian market (25.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AAVAS's revenue (17.2% per year) is forecast to grow faster than the Indian market (11.3% per year).
High Growth Revenue: AAVAS's revenue (17.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AAVAS's Return on Equity is forecast to be low in 3 years time (14.1%).
Next Steps
Past Performance
How has Aavas Financiers performed over the past 5 years?
38.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAVAS has high quality earnings.
Growing Profit Margin: AAVAS's current net profit margins (46%) are higher than last year (39.6%).
Past Earnings Growth Analysis
Earnings Trend: AAVAS's earnings have grown significantly by 38% per year over the past 5 years.
Accelerating Growth: AAVAS's earnings growth over the past year (32.3%) is below its 5-year average (38% per year).
Earnings vs Industry: AAVAS earnings growth over the past year (32.3%) exceeded the Mortgage industry 3.4%.
Return on Equity
High ROE: AAVAS's Return on Equity (12.1%) is considered low.
Next Steps
Financial Health
How is Aavas Financiers'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
Financial Institutions Analysis
Asset Level: AAVAS's Assets to Equity ratio (3.7x) is low.
Allowance for Bad Loans: Insufficient data to determine if AAVAS has a sufficient allowance for bad loans.
Low Risk Liabilities: AAVAS reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if AAVAS has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: AAVAS reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if AAVAS has an appropriate level of bad loans.
Next Steps
Dividend
What is Aavas Financiers's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AAVAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AAVAS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AAVAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AAVAS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AAVAS's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average board tenure
CEO
Sushil Agarwal (44 yo)
no data
Tenure
₹24,006,000
Compensation
Mr. Sushil Kumar Agarwal serves as Chief Executive Officer of Aavas Financiers Limited (alternate, Au Housing Finance Limited) and it’s Managing Director since May 03, 2019. He serves as Director of Aavas ...
CEO Compensation Analysis
Compensation vs Market: Sushil's total compensation ($USD324.68K) is below average for companies of similar size in the Indian market ($USD598.71K).
Compensation vs Earnings: Sushil's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | no data | ₹24.01m | 3.66% ₹ 4.3b | |
| Promoter Nominee Director | 4.33yrs | no data | no data | |
| Promoter Nominee Director | 4.33yrs | no data | no data | |
| Non-Executive Nominee Director | 4.25yrs | ₹2.40m | 0.088% ₹ 102.7m | |
| Independent Director | 4.33yrs | ₹1.00m | 0.0097% ₹ 11.4m | |
| Independent Chairman of the Board | 1.17yrs | ₹1.00m | no data | |
| Independent Director | 1.17yrs | ₹100.00k | no data | |
| Non-Executive Nominee Director | 4.25yrs | ₹1.00m | 0.51% ₹ 591.5m | |
| Promoter Nominee Director | 3.25yrs | no data | no data |
4.3yrs
Average Tenure
47yo
Average Age
Experienced Board: AAVAS's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AAVAS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Aavas Financiers Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aavas Financiers Limited
- Ticker: AAVAS
- Exchange: NSEI
- Founded: 2011
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: ₹117.067b
- Shares outstanding: 78.38m
- Website: https://www.aavas.in
Number of Employees
Location
- Aavas Financiers Limited
- 201-202, Southend Square
- 2nd Floor
- Jaipur
- Rajasthan
- 302020
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 541988 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2018 |
| AAVAS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Oct 2018 |
Biography
Aavas Financiers Limited provides housing loans to customers belonging to low and middle income segments in semi-urban and rural areas in India. The company offers home loans for flats, houses, and bungalo...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/27 12:53 |
| End of Day Share Price | 2020/10/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
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.