Adani Enterprises
Market Cap
₹221.0b
Last Updated
2020/08/13 13:43 UTC
Data Sources
Company Financials +
Executive Summary
Adani Enterprises Limited, together with its subsidiaries, engages in the coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation and transmission, gas distribution, and edible oil and agro commodities businesses in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Adani Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADANIENT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.3%
ADANIENT
5.7%
IN Trade Distributors
1.3%
IN Market
1 Year Return
51.3%
ADANIENT
39.8%
IN Trade Distributors
4.2%
IN Market
Return vs Industry: ADANIENT exceeded the Indian Trade Distributors industry which returned 39.8% over the past year.
Return vs Market: ADANIENT exceeded the Indian Market which returned 4.2% over the past year.
Shareholder returns
| ADANIENT | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.3% | 5.7% | 1.3% |
| 30 Day | 32.0% | 21.3% | 6.7% |
| 90 Day | 40.2% | 40.2% | 23.2% |
| 1 Year | 52.4%51.3% | 40.8%39.8% | 6.1%4.2% |
| 3 Year | 215.5%74.3% | 35.2%8.4% | 3.5%-1.4% |
| 5 Year | 333.8%137.6% | 90.5%49.8% | 32.9%23.0% |
Price Volatility Vs. Market
How volatile is Adani Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Adani Enterprises (NSE:ADANIENT) Has Gifted Shareholders With A Fantastic 257% Total Return On Their Investment1 year ago | Simply Wall St
How Did Adani Enterprises Limited's (NSE:ADANIENT) 4.5% ROE Fare Against The Industry?1 year ago | Simply Wall St
Adani Enterprises Limited (NSE:ADANIENT)'s Return on CapitalValuation
Is Adani Enterprises undervalued compared to its fair value and its price relative to the market?
38.45x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ADANIENT (₹197.7) is trading above our estimate of fair value (₹119.09)
Significantly Below Fair Value: ADANIENT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ADANIENT is poor value based on its PE Ratio (38.4x) compared to the IN Trade Distributors industry average (19.7x).
PE vs Market: ADANIENT is poor value based on its PE Ratio (38.4x) compared to the Indian market (14.5x).
Price to Earnings Growth Ratio
PEG Ratio: ADANIENT is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: ADANIENT is overvalued based on its PB Ratio (1.3x) compared to the IN Trade Distributors industry average (0.6x).
Next Steps
Future Growth
How is Adani Enterprises forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
37.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADANIENT's forecast earnings growth (37.7% per year) is above the savings rate (7.2%).
Earnings vs Market: ADANIENT's earnings (37.7% per year) are forecast to grow faster than the Indian market (24% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ADANIENT's revenue (7% per year) is forecast to grow slower than the Indian market (10.4% per year).
High Growth Revenue: ADANIENT's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ADANIENT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Adani Enterprises performed over the past 5 years?
-11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADANIENT has high quality earnings.
Growing Profit Margin: ADANIENT's current net profit margins (1.5%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: ADANIENT's earnings have declined by 11.2% per year over the past 5 years.
Accelerating Growth: ADANIENT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ADANIENT had negative earnings growth (-49%) over the past year, making it difficult to compare to the Trade Distributors industry average (3.8%).
Return on Equity
High ROE: ADANIENT's Return on Equity (2.2%) is considered low.
Next Steps
Financial Health
How is Adani Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: ADANIENT's short term assets (₹241.8B) exceed its short term liabilities (₹232.9B).
Long Term Liabilities: ADANIENT's short term assets (₹241.8B) exceed its long term liabilities (₹54.0B).
Debt to Equity History and Analysis
Debt Level: ADANIENT's debt to equity ratio (68.2%) is considered high.
Reducing Debt: ADANIENT's debt to equity ratio has reduced from 278.8% to 68.2% over the past 5 years.
Debt Coverage: ADANIENT's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: ADANIENT's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Adani Enterprises's current dividend yield, its reliability and sustainability?
0.50%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ADANIENT's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: ADANIENT's dividend (0.51%) is low compared to the top 25% of dividend payers in the Indian market (2.52%).
Stability and Growth of Payments
Stable Dividend: ADANIENT's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADANIENT's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.4%), ADANIENT's dividend payments are well 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
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Rajeshbhai Adani (56 yo)
no data
Tenure
₹42,600,000
Compensation
Mr. Rajeshbhai Shantilal Adani, B.Com., has been Non Independent Non-Executive Director at Adani Power Limited since July 10, 2020. Mr. Adani serves as the Managing Director at Adani Wilmar Limited. Mr. Ad ...
CEO Compensation Analysis
Compensation vs Market: Rajeshbhai's total compensation ($USD569.94K) is about average for companies of similar size in the Indian market ($USD790.69K).
Compensation vs Earnings: Rajeshbhai's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | no data | ₹21.70m | 0.80% ₹ 1.8b | |
| MD & Director | no data | ₹42.60m | no data | |
| Group Chief Financial Officer | 1.25yrs | ₹126.06m | no data | |
| Joint President of Legal | 5.25yrs | ₹19.90m | 0.000060% ₹ 132.6k | |
| CEO of Natural Resources & Executive Director | 3yrs | ₹156.90m | no data | |
| MD of Agro | 5.33yrs | ₹30.40m | no data | |
| President & Head of Chairman's Office | 0.083yr | no data | no data | |
| Group CTO & CEO of Adani Group North America | no data | no data | no data | |
| Group President of Corporate Communication | 2.5yrs | no data | no data | |
| Group Human Resources | 0.083yr | no data | no data | |
| Head of Management Assurance & Audit Services | no data | no data | no data | |
| Head of Hydro Projects and Joint President | 10.92yrs | no data | no data |
1.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: ADANIENT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | no data | ₹21.70m | 0.80% ₹ 1.8b | |
| MD & Director | no data | ₹42.60m | no data | |
| CEO of Natural Resources & Executive Director | 3yrs | ₹156.90m | no data | |
| MD of Agro | 5.33yrs | ₹30.40m | no data | |
| Independent Non-Executive Director | 5yrs | ₹2.03m | no data | |
| Chairperson of Adani Foundation | no data | no data | no data | |
| Independent Non-Executive Director | 3.67yrs | ₹1.95m | no data | |
| Additional Non Executive Independent Director | 2.67yrs | ₹1.65m | no data | |
| Independent Non-Executive Director | 4yrs | ₹2.05m | no data |
3.8yrs
Average Tenure
60yo
Average Age
Experienced Board: ADANIENT's board of directors are considered experienced (3.8 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Adani Enterprises Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Adani Enterprises Limited
- Ticker: ADANIENT
- Exchange: NSEI
- Founded: 1988
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: ₹220.952b
- Shares outstanding: 1.10b
- Website: https://www.adanienterprises.com
Location
- Adani Enterprises Limited
- Adani Corporate House
- Shantigram
- Ahmedabad
- Gujarat
- 382421
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 512599 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jul 2001 |
| ADANIENT | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jul 2001 |
Biography
Adani Enterprises Limited, together with its subsidiaries, engages in the coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation and transmission, gas distributi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/13 13:43 |
| End of Day Share Price | 2020/08/12 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.