BSE:533452

Stock Analysis Report

Executive Summary

Weizmann Forex Limited provides money changing and transfer services in India.

Snowflake

Fundamentals

Mediocre balance sheet not a dividend payer.

Risks

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

Similar Companies

Share Price & News

How has Weizmann Forex's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-18.1%

BSE:533452

-3.6%

IN Consumer Finance

-2.1%

IN Market


1 Year Return

-51.6%

BSE:533452

-3.2%

IN Consumer Finance

-14.7%

IN Market

533452 underperformed the Consumer Finance industry which returned -3.1% over the past year.

533452 underperformed the Market in India which returned -14.6% over the past year.


Share holder returns

533452IndustryMarket
7 Day-18.1%-3.6%-2.1%
30 Day-26.9%1.9%-3.9%
90 Day-42.8%-10.2%-10.1%
1 Year-51.6%-51.6%-2.5%-3.2%-12.9%-14.7%
3 Year62.6%61.6%59.3%56.0%17.7%11.5%
5 Year138.3%108.9%233.9%218.2%35.4%22.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

170.09x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Weizmann Forex is overvalued based on earnings compared to the IN Consumer Finance industry average.

Weizmann Forex is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Weizmann Forex is overvalued based on assets compared to the IN Consumer Finance industry average.


Next Steps

  • Explore potentially undervalued companies in the Diversified Financials industry.

Future Growth

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

6.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Weizmann Forex is high growth as no revenue estimate data is available.

Weizmann Forex's earnings are expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).

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

Weizmann Forex's earnings growth is positive but not above the India market average.

Weizmann Forex's earnings growth is positive but not above the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Weizmann Forex performed over the past 5 years?

-4.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Weizmann Forex's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Weizmann Forex's 1-year earnings growth is negative, it can't be compared to the IN Consumer Finance industry average.


Return on Equity

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


Return on Assets

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


Return on Capital Employed

It is difficult to establish if Weizmann Forex improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Weizmann Forex's financial position?


Financial Position Analysis

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

Weizmann Forex's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Weizmann Forex's level of debt (52%) 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 (176.8% vs 52% today).

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

Unable to confirm if the interest payments on Weizmann Forex'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 4.4x debt.


Next Steps

Dividend

What is Weizmann Forex's current dividend yield, its reliability and sustainability?

0.34%

Current Dividend Yield


Dividend Yield and Payments Analysis

Weizmann Forex's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.65%).

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

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

Weizmann Forex has only been paying a dividend for 8 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x 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

  • Explore strong dividend paying companies in the Diversified Financials industry.

Management

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

5.1yrs

Average management tenure


CEO

Guruprasad Chandrashekaran 0

0.3yrs

Tenure

0

Mr. Guruprasad Tiruvanamalai Chandrashekaran has been a Whole-Time Director at Weizmann Forex Limited since April 16, 2019. Mr. Guruprasad holds a masters’ degree in business administration (e-commerce and ...


Management Age and Tenure

5.1yrs

Average Tenure

46yo

Average Age

The average tenure for the Weizmann Forex management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

0.3yrs

Average Tenure

The average tenure for the Weizmann Forex 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

  • Sushama Vesvikar (34yo)

    Compliance Officer

    • Tenure: 1.0yrs
  • Anant Yadav

    Chief Financial Officer

    • Tenure: 0.0yrs
    • Compensation: ₹2.38m
  • K. Bhaktha

    Executive Director

    • Tenure: 5.6yrs
  • Vispi Patel

    Executive VP & Business Head of Forex

    • Tenure: 0.0yrs
  • Shantharam Shetty

    Executive Director

    • Tenure: 0.0yrs
  • Sankalp Waingankar

    Chief Technology Officer

    • Tenure: 4.7yrs
  • Prakash Mewara (46yo)

    Chief Internal Auditor

    • Tenure: 6.4yrs
  • Balady Shetty (67yo)

    Head of Treasury

    • Tenure: 13.5yrs
    • Compensation: ₹9.23m
  • Sushama Kadam

    Company Secretary

    • Tenure: 0.0yrs
  • Guruprasad Chandrashekaran

    Whole-Time Director

    • Tenure: 0.3yrs

Board Members

  • Satya Kotru

    Non Executive Non Independent Director

    • Tenure: 0.3yrs
  • Vikas Verma

    Non-Executive Non-Independent Director

    • Tenure: 0.3yrs
  • Guruprasad Chandrashekaran

    Whole-Time Director

    • Tenure: 0.3yrs
  • Jyoti Kachroo

    Non-Executive Independent Director

    • Tenure: 0.3yrs
  • Deepak Bhan

    Non-Executive Independent Director

    • Tenure: 0.3yrs
  • Sanjay Malhotra

    Non-Executive Independent Director

    • Tenure: 0.3yrs

Company Information

Weizmann Forex Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Weizmann Forex Limited
  • Ticker: 533452
  • Exchange: BSE
  • Founded: 1985
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹3.292b
  • Shares outstanding: 11.13m
  • Website: https://www.weizmannforex.com

Location

  • Weizmann Forex Limited
  • 192, Kitab Mahal
  • 2nd floor
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533452BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2011
WEIZFOREXNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2011

Biography

Weizmann Forex Limited provides money changing and transfer services in India. The company operates through Foreign Exchange, Power, and Other segments. It purchases and sells foreign currencies, notes, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:57
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.