BSE:511505

Stock Analysis Report

Executive Summary

Capital Trust Limited operates as a non-banking finance company that provides enterprise and micro-finance loans to micro and small enterprises in India.

Snowflake

Fundamentals

Mediocre balance sheet with questionable track record.

Risks

  • Capital Trust has significant price volatility in the past 3 months.
  • Capital Trust is not covered by any analysts.

Share Price & News

How has Capital Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

12.0%

BSE:511505

-3.6%

IN Consumer Finance

-2.1%

IN Market


1 Year Return

-81.5%

BSE:511505

-3.2%

IN Consumer Finance

-14.7%

IN Market

511505 underperformed the Consumer Finance industry which returned -3.1% over the past year.

511505 underperformed the Market in India which returned -14.6% over the past year.


Share holder returns

511505IndustryMarket
7 Day12.0%-3.6%-2.1%
30 Day6.9%1.9%-3.9%
90 Day-63.7%-10.2%-10.1%
1 Year-81.4%-81.5%-2.5%-3.2%-12.9%-14.7%
3 Year-87.5%-87.6%59.3%56.0%17.7%11.5%
5 Year184.6%181.1%233.9%218.2%35.4%22.5%

Price Volatility Vs. Market

How volatile is Capital Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Capital Trust undervalued based on future cash flows and its price relative to the stock market?

46.62x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Capital Trust's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Capital Trust's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Capital Trust is overvalued based on earnings compared to the IN Consumer Finance industry average.

Capital Trust is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Capital Trust, we can't assess if its growth is good value.


Price Based on Value of Assets

Capital Trust is good value based on assets compared to the IN Consumer Finance industry average.


Next Steps

Future Growth

How is Capital Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Capital Trust is high growth as no revenue estimate data is available.

Capital Trust's earnings are expected to grow by 14.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare Capital Trust's revenue growth to the India market average as no estimate data is available.

Capital Trust's earnings growth is positive but not above the India market average.

Capital Trust's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Capital Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Capital Trust performed over the past 5 years?

-6.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Capital Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Capital Trust's 1-year earnings growth exceeds its 5-year average (76% vs -6.4%)

Capital Trust's earnings growth has exceeded the IN Consumer Finance industry average in the past year (76% vs 15%).


Return on Equity

Capital Trust has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Capital Trust used its assets less efficiently than the IN Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Capital Trust improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Capital Trust's financial position?


Financial Position Analysis

Capital Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Capital Trust's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Capital Trust's level of debt (228.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (375.6% vs 228.9% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Capital Trust's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.4x debt.


Next Steps

Dividend

What is Capital Trust's current dividend yield, its reliability and sustainability?

0.72%

Current Dividend Yield


Dividend Yield and Payments Analysis

Capital Trust's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.65%).

Capital Trust's dividend is below the markets top 25% of dividend payers in India (2.64%).

Capital Trust has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Capital Trust has only been paying a dividend for 4 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Capital Trust's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average management tenure


CEO

Yogen Khosla (56yo)

16.3yrs

Tenure

₹11,905,576

Compensation

Mr. Yogen Khosla, M.D. has been the Managing Director of Capital Trust Ltd. since April 1, 2003 and also has been its Chief Executive Officer since 2003. Mr. Khosla serves as Chairman of the Board at Capit ...


CEO Compensation Analysis

Yogen's remuneration is higher than average for companies of similar size in India.

Yogen's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.3yrs

Average Tenure

The average tenure for the Capital Trust management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.7yrs

Average Tenure

60yo

Average Age

The average tenure for the Capital Trust board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Yogen Khosla (56yo)

    Chairman

    • Tenure: 16.3yrs
    • Compensation: ₹11.91m
  • Sukumara Pillai

    Chief Accounts Officer

    • Tenure: 0.0yrs
  • Tanya Sethi

    Compliance Officer & Company Secretary

    • Tenure: 0.0yrs
    • Compensation: ₹696.05k
  • Vinod Raina

    Head of Secretarial & Compliances

    • Tenure: 0.0yrs
  • Karan Singh

    Operations Head

    • Tenure: 1.0yrs
  • Mukesh Aggarwal

    Head of Credit

    • Tenure: 2.1yrs
  • Pallav Majumdar

    Training Head

    • Tenure: 1.6yrs
  • Amarjit Singh

    Chief Operating Officer

    • Tenure: 1.0yrs
  • Giridhari Behera

    Chief Audit Officer

    • Tenure: 0.0yrs
  • Rahul Malik

    Chief Financial Officer

    • Tenure: 0.3yrs

Board Members

  • Yogen Khosla (56yo)

    Chairman

    • Tenure: 16.3yrs
    • Compensation: ₹11.91m
  • Anju Khosla

    Non Executive Director

    • Tenure: 4.4yrs
    • Compensation: ₹6.74m
  • Vijay Dhawan

    Non-Executive Independent Director

    • Tenure: 6.4yrs
    • Compensation: ₹10.00k
  • Sanjiv Sayal (60yo)

    Independent Director

    • Tenure: 1.0yrs
  • Nikhel Kochhar (62yo)

    Independent Director

    • Tenure: 1.0yrs
  • Ashutosh Sardesai

    Nominee Director

    • Tenure: 0.2yrs

Company Information

Capital Trust Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Capital Trust Limited
  • Ticker: 511505
  • Exchange: BSE
  • Founded: 1985
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹1.129b
  • Shares outstanding: 16.36m
  • Website: https://www.capital-trust.com

Number of Employees


Location

  • Capital Trust Limited
  • 366 Sultanpur
  • MG Road
  • New Delhi
  • Delhi
  • 110030
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511505BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2006
CAPITALTNSEI (National Stock Exchange of India)YesEquity SharesININRMay 2006

Biography

Capital Trust Limited operates as a non-banking finance company that provides enterprise and micro-finance loans to micro and small enterprises in India. The company offers loans to entrepreneurs in dairy  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:49
End of Day Share Price2019/08/23 00:00
Earnings2019/03/31
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.