Angel Broking Limited provides broking and advisory services, margin funding, loans against shares, and financial products to its clients under the Angel Broking brand in India.
Angel Broking Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹1,253.10|
|52 Week High||₹223.00|
|52 Week Low||₹1,484.00|
|1 Month Change||12.74%|
|3 Month Change||56.45%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||354.27%|
Recent News & Updates
|543235||IN Capital Markets||IN Market|
Return vs Industry: Insufficient data to determine how 543235 performed against the Indian Capital Markets industry.
Return vs Market: Insufficient data to determine how 543235 performed against the Indian Market.
Stable Share Price: 543235 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 543235's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Angel Broking Limited provides broking and advisory services, margin funding, loans against shares, and financial products to its clients under the Angel Broking brand in India. The company operates in three segments: Broking and Related Services; Finance and Investing Activities; and Health and Allied Fitness Activities. It offers broking services through online and digital platforms, as well as a network of authorised persons.
Angel Broking Fundamentals Summary
|543235 fundamental statistics|
Is 543235 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|543235 income statement (TTM)|
|Cost of Revenue||₹4.06b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||44.96|
|Net Profit Margin||25.20%|
How did 543235 perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is Angel Broking undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 543235 (₹1253.1) is trading above our estimate of fair value (₹204.32)
Significantly Below Fair Value: 543235 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 543235 is poor value based on its PE Ratio (27.9x) compared to the Indian Capital Markets industry average (17.3x).
PE vs Market: 543235 is poor value based on its PE Ratio (27.9x) compared to the Indian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: 543235 is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: 543235 is overvalued based on its PB Ratio (9.1x) compared to the IN Capital Markets industry average (0.8x).
How is Angel Broking forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 543235's forecast earnings growth (14.3% per year) is above the savings rate (6.8%).
Earnings vs Market: 543235's earnings (14.3% per year) are forecast to grow slower than the Indian market (18.3% per year).
High Growth Earnings: 543235's earnings are forecast to grow, but not significantly.
Revenue vs Market: 543235's revenue is expected to decline over the next 3 years (-7.4% per year).
High Growth Revenue: 543235's revenue is forecast to decline over the next 3 years (-7.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 543235's Return on Equity is forecast to be high in 3 years time
How has Angel Broking performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 543235 has high quality earnings.
Growing Profit Margin: 543235's current net profit margins (25.2%) are higher than last year (16.1%).
Past Earnings Growth Analysis
Earnings Trend: 543235's earnings have grown significantly by 40.6% per year over the past 5 years.
Accelerating Growth: 543235's earnings growth over the past year (197.9%) exceeds its 5-year average (40.6% per year).
Earnings vs Industry: 543235 earnings growth over the past year (197.9%) exceeded the Capital Markets industry 65.7%.
Return on Equity
High ROE: Whilst 543235's Return on Equity (32.82%) is high, this metric is skewed due to their high level of debt.
How is Angel Broking's financial position?
Financial Position Analysis
Short Term Liabilities: 543235's short term assets (₹46.9B) exceed its short term liabilities (₹36.5B).
Long Term Liabilities: 543235's short term assets (₹46.9B) exceed its long term liabilities (₹367.2M).
Debt to Equity History and Analysis
Debt Level: 543235's debt to equity ratio (103.6%) is considered high.
Reducing Debt: 543235's debt to equity ratio has reduced from 126% to 103.6% over the past 5 years.
Debt Coverage: 543235's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 543235's interest payments on its debt are well covered by EBIT.
What is Angel Broking current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 543235's dividend (1.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 543235's dividend (1.64%) is in the top 25% of dividend payers in the Indian market (1.45%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 543235's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543235's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.9%), 543235'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
AG Gangadhar (43 yo)
Mr. Narayan Gangadhar, also known as AG, serves as Chief Executive Officer of Angel Broking Limited since April 26, 2021. He serves as Executive Chairman at Digital Asset Holdings, LLC and has been its Dir...
Experienced Board: 543235's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 543235 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: 543235 only recently listed within the past 12 months.
Angel Broking Limited's employee growth, exchange listings and data sources
- Name: Angel Broking Limited
- Ticker: 543235
- Exchange: BSE
- Founded: 1996
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: ₹103.463b
- Shares outstanding: 82.57m
- Website: https://www.angelbroking.com
Number of Employees
- Angel Broking Limited
- Ackruti Star
- 6th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 12:03|
|End of Day Share Price||2021/09/24 00:00|
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.