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LICH

LIC Housing Finance NSEI:LICHSGFIN Stock Report

Last Price

₹375.60

Market Cap

₹206.6b

7D

6.0%

1Y

-16.7%

Updated

26 May, 2022

Data

Company Financials +
LICHSGFIN fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance1/6
Financial Health1/6
Dividends6/6

LICHSGFIN Stock Overview

LIC Housing Finance Limited, a housing finance company, provides loans for the purchase, construction, repair, and renovation of houses/buildings in India.

LIC Housing Finance Competitors

Price History & Performance

Summary of all time highs, changes and price drops for LIC Housing Finance
Historical stock prices
Current Share Price₹375.60
52 Week High₹542.45
52 Week Low₹321.00
Beta0.83
1 Month Change-1.91%
3 Month Change10.70%
1 Year Change-16.68%
3 Year Change-32.51%
5 Year Change-49.16%
Change since IPO4,666.52%

Recent News & Updates

Shareholder Returns

LICHSGFININ MortgageIN Market
7D6.0%1.6%-3.1%
1Y-16.7%-12.7%5.6%

Return vs Industry: LICHSGFIN underperformed the Indian Mortgage industry which returned -12.7% over the past year.

Return vs Market: LICHSGFIN underperformed the Indian Market which returned 5.6% over the past year.

Price Volatility

Is LICHSGFIN's price volatile compared to industry and market?
LICHSGFIN volatility
LICHSGFIN Average Weekly Movement4.8%
Mortgage Industry Average Movement5.9%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.5%

Stable Share Price: LICHSGFIN is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LICHSGFIN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19892,427Yerur Gowdhttps://www.lichousing.com

LIC Housing Finance Limited, a housing finance company, provides loans for the purchase, construction, repair, and renovation of houses/buildings in India. It offers deposits; home loans to residents and non-residents, as well as to pensioners; construction finance and term loans for builders/developers; and loans for staff quarters and other lines of credit for corporates. The company also provides loans against properties for companies and individuals; loans against securities; loans under rental securitization; and loans to professionals.

LIC Housing Finance Fundamentals Summary

How do LIC Housing Finance's earnings and revenue compare to its market cap?
LICHSGFIN fundamental statistics
Market Cap₹206.60b
Earnings (TTM)₹22.86b
Revenue (TTM)₹58.23b

9.0x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LICHSGFIN income statement (TTM)
Revenue₹58.23b
Cost of Revenue₹1.34b
Gross Profit₹56.89b
Other Expenses₹34.04b
Earnings₹22.86b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)41.55
Gross Margin97.70%
Net Profit Margin39.25%
Debt/Equity Ratio830.5%

How did LICHSGFIN perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

20%

Payout Ratio

Valuation

Is LIC Housing Finance undervalued compared to its fair value and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


21.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: LICHSGFIN (₹375.6) is trading below our estimate of fair value (₹479.78)

Significantly Below Fair Value: LICHSGFIN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LICHSGFIN is good value based on its Price-To-Earnings Ratio (9x) compared to the Indian Mortgage industry average (18x).

PE vs Market: LICHSGFIN is good value based on its Price-To-Earnings Ratio (9x) compared to the Indian market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: LICHSGFIN is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: LICHSGFIN is good value based on its Price-To-Book Ratio (0.8x) compared to the IN Mortgage industry average (1.7x).


Future Growth

How is LIC Housing Finance forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LICHSGFIN's forecast earnings growth (19.6% per year) is above the savings rate (6.7%).

Earnings vs Market: LICHSGFIN's earnings (19.6% per year) are forecast to grow faster than the Indian market (17.4% per year).

High Growth Earnings: LICHSGFIN's earnings are forecast to grow, but not significantly.

Revenue vs Market: LICHSGFIN's revenue (9.9% per year) is forecast to grow slower than the Indian market (12% per year).

High Growth Revenue: LICHSGFIN's revenue (9.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LICHSGFIN's Return on Equity is forecast to be low in 3 years time (13.5%).


Past Performance

How has LIC Housing Finance performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LICHSGFIN has high quality earnings.

Growing Profit Margin: LICHSGFIN's current net profit margins (39.3%) are lower than last year (50.4%).


Past Earnings Growth Analysis

Earnings Trend: LICHSGFIN's earnings have declined by 1% per year over the past 5 years.

Accelerating Growth: LICHSGFIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LICHSGFIN had negative earnings growth (-16.6%) over the past year, making it difficult to compare to the Mortgage industry average (11.9%).


Return on Equity

High ROE: LICHSGFIN's Return on Equity (9.2%) is considered low.


Financial Health

How is LIC Housing Finance's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

1/6

Financial Health Score 1/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: LICHSGFIN's Assets to Equity ratio (10.3x) is moderate.

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

Low Risk Liabilities: LICHSGFIN reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.

Loan Level: Insufficient data to determine if LICHSGFIN has an appropriate level of Loans to Assets ratio.

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

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


Dividend

What is LIC Housing Finance current dividend yield, its reliability and sustainability?

Dividend Score

6/6

Dividend Score 6/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.26%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LICHSGFIN's dividend (2.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: LICHSGFIN's dividend (2.26%) is in the top 25% of dividend payers in the Indian market (1.72%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.7%), LICHSGFIN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LICHSGFIN's dividends in 3 years are forecast to be well covered by earnings (16.4% payout ratio).


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Yerur Gowd (58 yo)

1.25yrs

Tenure

₹1,083,148

Compensation

Shri Y. Viswanatha Gowd serves as Managing Director and Chief Executive Officer of LIC Housing Finance Ltd. since February 1, 2021. He serves as an Executive Director at LIC Housing Finance Ltd.since 2021...


CEO Compensation Analysis

Compensation vs Market: Yerur's total compensation ($USD13.97K) is below average for companies of similar size in the Indian market ($USD609.91K).

Compensation vs Earnings: Insufficient data to compare Yerur's compensation with company performance.


Leadership Team

Experienced Management: LICHSGFIN's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: LICHSGFIN's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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 been diluted in the past year, with total shares outstanding growing by 9%.


Top Shareholders

Company Information

LIC Housing Finance Limited's employee growth, exchange listings and data sources


Key Information

  • Name: LIC Housing Finance Limited
  • Ticker: LICHSGFIN
  • Exchange: NSEI
  • Founded: 1989
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Implied Market Cap: ₹206.604b
  • Shares outstanding: 550.06m
  • Website: https://www.lichousing.com

Number of Employees


Location

  • LIC Housing Finance Limited
  • 131 Maker Tower, F Premises
  • 13th Floor
  • Mumbai
  • Maharashtra
  • 400005
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.