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5432

Angel BrokingBSE:543235 Stock Report

Market Cap

₹103.5b

7D

-3.4%

1Y

n/a

Updated

25 Sep, 2021

Data

Company Financials +
543235 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends3/6

543235 Overview

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

Summary of all time highs, changes and price drops for Angel Broking
Historical stock prices
Current Share Price₹1,253.10
52 Week High₹223.00
52 Week Low₹1,484.00
Beta0
1 Month Change12.74%
3 Month Change56.45%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO354.27%

Recent News & Updates

Shareholder Returns

543235IN Capital MarketsIN Market
7D-3.4%-1.1%0.8%
1Yn/a62.6%67.5%

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.

Price Volatility

Is 543235's price volatile compared to industry and market?
543235 volatility
543235 Beta0
Industry Beta0.79
Market Beta1

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

FoundedEmployeesCEOWebsite
19962,906AG Gangadharhttps://www.angelbroking.com

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

How do Angel Broking's earnings and revenue compare to its market cap?
543235 fundamental statistics
Market Cap₹103.46b
Earnings (TTM)₹3.71b
Revenue (TTM)₹14.73b

27.9x

P/E Ratio

7.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
543235 income statement (TTM)
Revenue₹14.73b
Cost of Revenue₹4.06b
Gross Profit₹10.68b
Expenses₹6.96b
Earnings₹3.71b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)44.96
Gross Margin72.47%
Net Profit Margin25.20%
Debt/Equity Ratio103.6%

How did 543235 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

36%

Payout Ratio

Valuation

Is Angel Broking undervalued compared to its fair value and its price relative to the market?

27.87x

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).


Future Growth

How is Angel Broking forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.3%

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


Past Performance

How has Angel Broking performed over the past 5 years?

40.6%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Angel Broking current dividend yield, its reliability and sustainability?

1.64%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.2yrs

Average board tenure


CEO

AG Gangadhar (43 yo)

0.42

Tenure

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...


Board Members

Experienced Board: 543235's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: 543235 only recently listed within the past 12 months.


Top Shareholders

Company Information

Angel Broking Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Angel Broking Limited
  • Ackruti Star
  • 6th Floor
  • Mumbai
  • Maharashtra
  • 400093
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 12:03
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.