BSE:540097

Stock Analysis Report

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Executive Summary

Visco Trade Associates Limited, a non-banking financial company, engages in the financing and related activities in India.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Visco Trade Associates's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540097 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

540097

2.7%

IN Consumer Finance

2.4%

IN Market


1 Year Return

-5.0%

540097

1.3%

IN Consumer Finance

5.1%

IN Market

Return vs Industry: 540097 underperformed the Indian Consumer Finance industry which returned 1.3% over the past year.

Return vs Market: 540097 underperformed the Indian Market which returned 5.1% over the past year.


Shareholder returns

540097IndustryMarket
7 Dayn/a2.7%2.4%
30 Dayn/a2.9%5.2%
90 Dayn/a40.3%21.1%
1 Year-5.0%-5.0%4.1%1.3%7.0%5.1%
3 Year5.5%5.5%42.6%34.0%4.8%-0.2%
5 Yearn/a180.7%156.3%30.4%20.7%

Price Volatility Vs. Market

How volatile is Visco Trade Associates's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Visco Trade Associates undervalued compared to its fair value and its price relative to the market?

0.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 540097's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 540097's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 540097 is unprofitable, so we can't compare its PE Ratio to the IN Consumer Finance industry average.

PE vs Market: 540097 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540097's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540097 is good value based on its PB Ratio (0.1x) compared to the IN Consumer Finance industry average (0.6x).


Next Steps

Future Growth

How is Visco Trade Associates forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Visco Trade Associates has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Visco Trade Associates performed over the past 5 years?

-59.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540097 is currently unprofitable.

Growing Profit Margin: 540097 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 540097 is unprofitable, and losses have increased over the past 5 years at a rate of 59.2% per year.

Accelerating Growth: Unable to compare 540097's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 540097 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-3.4%).


Return on Equity

High ROE: 540097 has a negative Return on Equity (-3.16%), as it is currently unprofitable.


Next Steps

Financial Health

How is Visco Trade Associates's financial position?


Financial Position Analysis

Short Term Liabilities: 540097's short term assets (₹31.3M) exceed its short term liabilities (₹545.0K).

Long Term Liabilities: 540097's short term assets (₹31.3M) exceed its long term liabilities (₹17.6M).


Debt to Equity History and Analysis

Debt Level: 540097's debt to equity ratio (2.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 540097's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 540097 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 540097 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.9% each year


Next Steps

Dividend

What is Visco Trade Associates's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 540097's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 540097'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 540097's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 540097'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 540097'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?

1.8yrs

Average management tenure


CEO

Vinay Goenka

5.42yrs

Tenure

Mr. Vinay Kumar Goenka serves as Chairman of Visco Trade Associates Limited and has been its Managing Director since March 2015. Mr. Goenka has been Executive Director of Visco Trade Associates Limited sin ...


CEO Compensation Analysis

Compensation vs Market: Vinay's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD49.39K).

Compensation vs Earnings: Vinay's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Vinay Goenka
Chairman & MD5.42yrsno datano data
Manoj Singh
Chief Financial Officer1.75yrsno datano data
Manisha Khaitan
Company Secretary & Compliance Officer0.67yrno datano data
Dipak Sundarka
Whole-time Director2.33yrsno datano data

1.8yrs

Average Tenure

Experienced Management: 540097's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Vinay Goenka
Chairman & MD5.42yrsno datano data
Dipak Sundarka
Whole-time Director2.33yrsno datano data
Niranjan Choraria
Independent Non-Executive Director5.5yrsno datano data
Anju Gupta
Independent Non-Executive Director5.42yrsno datano data

5.4yrs

Average Tenure

Experienced Board: 540097's board of directors are considered experienced (5.4 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

Visco Trade Associates Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Visco Trade Associates Limited
  • Ticker: 540097
  • Exchange: BSE
  • Founded: 1983
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹73.243m
  • Shares outstanding: 4.80m
  • Website: https://www.viscotradeassociates.com

Number of Employees


Location

  • Visco Trade Associates Limited
  • 18, British Indian Street
  • 3rd Floor
  • Kolkata
  • West Bengal
  • 700069
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540097BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2016

Biography

Visco Trade Associates Limited, a non-banking financial company, engages in the financing and related activities in India. It finances and advances short term and long term loans, and credits to individual ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 12:34
End of Day Share Price2020/08/11 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.