NSEI:EDELWEISS

Stock Analysis Report

Executive Summary

Edelweiss Financial Services Limited provides financial products and services to individuals and institutions in India.

Snowflake

Fundamentals

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Edelweiss Financial Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.4%

EDELWEISS

-2.0%

IN Capital Markets

1.6%

IN Market


1 Year Return

-59.3%

EDELWEISS

-31.4%

IN Capital Markets

0.8%

IN Market

Return vs Industry: EDELWEISS underperformed the Indian Capital Markets industry which returned -31.4% over the past year.

Return vs Market: EDELWEISS underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

EDELWEISSIndustryMarket
7 Day-3.4%-2.0%1.6%
30 Day-27.8%-5.6%1.5%
90 Day-53.0%-21.4%-3.3%
1 Year-58.9%-59.3%-30.3%-31.4%2.7%0.8%
3 Year-34.4%-36.0%-19.7%-22.6%22.0%16.0%
5 Year56.4%47.0%10.2%3.5%42.3%29.3%

Price Volatility Vs. Market

How volatile is Edelweiss Financial Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Edelweiss Financial Services undervalued compared to its fair value and its price relative to the market?

7.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: EDELWEISS (₹75.8) is trading above our estimate of fair value (₹18.72)

Significantly Undervalued: EDELWEISS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EDELWEISS is good value based on its PE Ratio (7.8x) compared to the Capital Markets industry average (13.7x).

PE vs Market: EDELWEISS is good value based on its PE Ratio (7.8x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: EDELWEISS is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: EDELWEISS is overvalued based on its PB Ratio (0.9x) compared to the IN Capital Markets industry average (0.5x).


Next Steps

Future Growth

How is Edelweiss Financial Services forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

13.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EDELWEISS's forecast earnings growth (13.4% per year) is above the savings rate (7.6%).

Earnings vs Market: EDELWEISS's earnings (13.4% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: EDELWEISS's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if EDELWEISS's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if EDELWEISS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: EDELWEISS's Return on Equity is forecast to be low in 3 years time (11.9%).


Next Steps

Past Performance

How has Edelweiss Financial Services performed over the past 5 years?

28.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EDELWEISS's earnings have grown significantly by 28.4% per year over the past 5 years.

Accelerating Growth: EDELWEISS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EDELWEISS had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Capital Markets industry average (-17.8%).


Return on Equity

High ROE: EDELWEISS's Return on Equity (10.5%) is considered low.


Return on Assets

ROA vs Industry: EDELWEISS's Return on Assets is below or equal to the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate EDELWEISS's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Edelweiss Financial Services's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: EDELWEISS has a low level of unsold assets or inventory.

Debt Coverage by Assets: EDELWEISS's debt is covered by short term assets (assets are 1.123210x debt).


Financial Institutions Analysis

Asset Level: EDELWEISS's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if EDELWEISS has a sufficient allowance for bad loans.

Low Risk Liabilities: EDELWEISS reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if EDELWEISS has an acceptable proportion of non-loan assets held.

Low Risk Deposits: EDELWEISS has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if EDELWEISS has an appropriate level of bad loans.


Next Steps

Dividend

What is Edelweiss Financial Services's current dividend yield, its reliability and sustainability?

1.85%

Current Dividend Yield


Dividend Yield vs Market

company1.8%marketbottom25%0.6%markettop25%2.5%industryaverage2.3%forecastin3Years2.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: EDELWEISS's dividend (1.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: EDELWEISS's dividend (1.85%) is low compared to the top 25% of dividend payers in the Indian market (2.49%).

Stable Dividend: EDELWEISS's dividend payments have been volatile in the past 10 years.

Growing Dividend: EDELWEISS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.4%), EDELWEISS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EDELWEISS's dividends in 3 years are forecast to be thoroughly covered by earnings (13.6% payout ratio).


Next Steps

Management

What is the CEO of Edelweiss Financial Services's salary, the management and board of directors tenure and is there insider trading?

6.8yrs

Average board tenure


CEO

Rashesh Shah (56yo)

0yrs

Tenure

₹72,660,000

Compensation

Mr. Rashesh Chandrakant Shah co-founded Edelweiss Financial Services Limited (formerly, Edelweiss Capital Ltd.) in 1995. Mr. Shah serves as the Chief Executive Officer of Edelweiss Group and served as its  ...


CEO Compensation Analysis

Compensation vs. Market: Rashesh's total compensation ($USD1.02M) is about average for companies of similar size in the Indian market ($USD367.95K).

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


Board Age and Tenure

6.8yrs

Average Tenure

56yo

Average Age

Experienced Board: EDELWEISS's board of directors are considered experienced (6.8 years average tenure).


Insider Trading

Insider Buying: EDELWEISS insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell₹1,222,15001 Oct 19
Ashish Bansal
EntityIndividual
Shares8,000
Max Price₹152.77
Sell₹6,145,24926 Sep 19
S. Ranganathan
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares50,000
Max Price₹122.90
Sell₹3,397,90219 Sep 19
Siby Mimani
EntityIndividual
Shares32,502
Max Price₹104.54
Sell₹3,243,93419 Sep 19
S. Ranganathan
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares30,000
Max Price₹108.13
Sell₹1,080,04818 Sep 19
Shrikant Subbarayan
EntityIndividual
Shares10,000
Max Price₹108.00
Sell₹6,552,09618 Sep 19
S. Ranganathan
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares60,500
Max Price₹108.30
Sell₹1,089,07918 Sep 19
Siby Mimani
EntityIndividual
Shares10,000
Max Price₹108.91
Sell₹3,197,63504 Sep 19
S. Ranganathan
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares26,000
Max Price₹122.99
Sell₹2,063,53128 Aug 19
Om Jain
EntityIndividual
Shares20,000
Max Price₹103.18
Sell₹5,269,40328 Aug 19
Gaurang Tailor
EntityIndividual
Shares50,000
Max Price₹105.39
Sell₹2,618,88528 Aug 19
Nilesh Sampat
EntityIndividual
Shares25,000
Max Price₹104.76
Sell₹3,382,12622 Aug 19
Shrikant Subbarayan
EntityIndividual
Shares28,288
Max Price₹119.56
Sell₹2,618,06022 Aug 19
Siby Mimani
EntityIndividual
Shares20,000
Max Price₹130.90
Sell₹17,994,57108 Jul 19
Bismillah Chowdhary
EntityIndividual
Shares105,000
Max Price₹171.38
Sell₹1,783,65204 Jul 19
Bismillah Chowdhary
EntityIndividual
Shares10,500
Max Price₹169.87
Sell₹3,509,83203 Jul 19
Shrikant Subbarayan
EntityIndividual
Shares20,598
Max Price₹170.40
Sell₹3,452,67703 Jul 19
Bismillah Chowdhary
EntityIndividual
Shares20,000
Max Price₹172.63
Sell₹3,538,26903 Jul 19
Shalinee Mimani
EntityIndividual
Shares20,000
Max Price₹176.91
Sell₹11,547,36825 Jun 19
Vivek Agarwal
EntityIndividual
Shares65,000
Max Price₹177.65
Sell₹3,521,06625 Jun 19
Shalinee Mimani
EntityIndividual
Shares20,000
Max Price₹176.05
Sell₹3,053,99225 Jun 19
Harish Chander
EntityIndividual
Shares17,300
Max Price₹176.53
Sell₹5,300,90725 Jun 19
Siby Mimani
EntityIndividual
Shares30,498
Max Price₹173.81
Sell₹4,508,40021 Jun 19
Siby Mimani
EntityIndividual
Shares26,000
Max Price₹173.40
Sell₹1,809,71518 Jun 19
Kulbir Rana
EntityIndividual
Shares10,000
Max Price₹180.97
Sell₹1,580,24111 Jun 19
Harish Chander
EntityIndividual
Shares8,000
Max Price₹197.53
Sell₹8,156,95007 Jun 19
Rohit Mehta
EntityIndividual
Shares40,000
Max Price₹203.92
Sell₹10,417,65507 Jun 19
Siby Mimani
EntityIndividual
Shares50,000
Max Price₹208.35
Sell₹7,282,28207 Jun 19
Kalpana Maniar
EntityIndividual
Shares35,000
Max Price₹208.07
Sell₹3,014,31107 Jun 19
Sarika Samant
EntityIndividual
Shares14,626
Max Price₹206.09
Sell₹2,050,55007 Jun 19
Kulbir Rana
EntityIndividual
Shares10,000
Max Price₹205.05
Sell₹3,040,01204 Jun 19
Shalinee Mimani
EntityIndividual
Shares15,000
Max Price₹202.67
Sell₹5,902,82404 Jun 19
Manjeet Bijlani
EntityIndividual
Shares30,000
Max Price₹196.76
Sell₹9,846,67004 Jun 19
Kalpana Maniar
EntityIndividual
Shares50,000
Max Price₹196.93
Sell₹11,186,84804 Jun 19
Shrikant Subbarayan
EntityIndividual
Shares60,000
Max Price₹186.45
Sell₹5,923,73504 Jun 19
Ravindra Dhobale
EntityIndividual
Shares30,000
Max Price₹197.46
Sell₹8,865,08604 Jun 19
Harish Chander
EntityIndividual
Shares45,000
Max Price₹197.00
Sell₹2,832,65230 May 19
Kalpana Maniar
EntityIndividual
Shares15,000
Max Price₹188.84
Sell₹1,313,42530 May 19
Harish Chander
EntityIndividual
Shares7,000
Max Price₹187.63
Sell₹1,871,14830 May 19
Akhil Mangla
EntityIndividual
Shares10,000
Max Price₹187.11
Sell₹2,775,80928 May 19
Harish Chander
EntityIndividual
Shares15,000
Max Price₹185.05
Sell₹3,861,68021 May 19
Bismillah Chowdhary
EntityIndividual
Shares25,000
Max Price₹154.47
Sell₹2,535,02702 Apr 19
Ravindra Dhobale
EntityIndividual
Shares12,937
Max Price₹195.95
Sell₹9,894,14001 Apr 19
Raviprakash Bubna
EntityIndividual
Shares50,000
Max Price₹197.88
Sell₹7,838,29401 Apr 19
Manjeet Bijlani
EntityIndividual
Shares40,000
Max Price₹195.96
Sell₹388,399,90301 Apr 19
Vidya Shah
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Non-Independent Director
Shares2,000,000
Max Price₹194.20
Sell₹6,393,77229 Mar 19
Kalpana Maniar
EntityIndividual
Shares33,500
Max Price₹190.86
Sell₹92,275,05729 Mar 19
Raviprakash Bubna
EntityIndividual
Shares485,000
Max Price₹190.26
Sell₹3,944,35125 Mar 19
Kalpana Maniar
EntityIndividual
Shares20,000
Max Price₹197.22
Sell₹3,090,28325 Mar 19
Shrikant Subbarayan
EntityIndividual
Shares15,741
Max Price₹196.32
Sell₹66,476,19325 Mar 19
Raviprakash Bubna
EntityIndividual
Shares340,000
Max Price₹195.52
Sell₹118,009,62119 Mar 19
Raviprakash Bubna
EntityIndividual
Shares625,000
Max Price₹188.82
Sell₹17,975,06419 Mar 19
Raviprakash Bubna
EntityIndividual
Shares100,000
Max Price₹179.75
Sell₹8,873,49714 Dec 18
Navtej Nandra
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares50,000
Max Price₹177.47
Buy₹8,898,99814 Dec 18
Navtej Nandra
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares50,000
Max Price₹177.98

Ownership Breakdown


Management Team

  • Rashesh Shah (56yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹72.66m
  • Venkat Ramaswamy (53yo)

    Co-Founder

    • Tenure: 23.7yrs
    • Compensation: ₹53.70m
  • Rujan Panjwani (56yo)

    Executive Director

    • Tenure: 6.3yrs
    • Compensation: ₹80.34m
  • Sanjay Waghani

    Vice President of Investment Banking

    • Tenure: 0yrs
  • B. Renganathan

    Executive VP

    • Tenure: 0yrs
    • Compensation: ₹11.23m
  • Himanshu Kaji (54yo)

    Executive Director & Group COO

    • Tenure: 7.9yrs
    • Compensation: ₹263.48m
  • S. Ranganathan

    Chief Financial Officer

    • Tenure: 8.8yrs
    • Compensation: ₹24.32m
  • Shabnam Panjwani

    Chief Marketing Officer

    • Tenure: 0yrs
  • Salil Bawa

    Senior Vice President of Stakeholder Relations

    • Tenure: 0yrs
  • Revathi Pandit

    Vice President of Corporate Communications

    • Tenure: 0yrs

Board Members

  • Navtej Nandra (53yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: ₹1.60m
  • Rashesh Shah (56yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹72.66m
  • Vidya Shah (53yo)

    Non-Executive Non-Independent Director

    • Tenure: 5.2yrs
  • Venkat Ramaswamy (53yo)

    Co-Founder

    • Tenure: 23.7yrs
    • Compensation: ₹53.70m
  • Rujan Panjwani (56yo)

    Executive Director

    • Tenure: 6.3yrs
    • Compensation: ₹80.34m
  • Pudugramam Venkatachalam (75yo)

    Independent Director

    • Tenure: 12.2yrs
    • Compensation: ₹1.78m
  • Kunna Chinniah (62yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: ₹1.70m
  • Berjis Desai (63yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: ₹1.56m
  • Himanshu Kaji (54yo)

    Executive Director & Group COO

    • Tenure: 7.9yrs
    • Compensation: ₹263.48m
  • Biswamohan Mahapatra (65yo)

    Independent Director

    • Tenure: 4.6yrs
    • Compensation: ₹1.58m

Company Information

Edelweiss Financial Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Edelweiss Financial Services Limited
  • Ticker: EDELWEISS
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: ₹66.223b
  • Shares outstanding: 888.90m
  • Website: https://www.edelweissfin.com

Number of Employees


Location

  • Edelweiss Financial Services Limited
  • Edelweiss House
  • Off. C.S.T. Road
  • Mumbai
  • Maharashtra
  • 400098
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EDELWEISSNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2007
532922BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2007

Biography

Edelweiss Financial Services Limited provides financial products and services to individuals and institutions in India. The company operates through Agency Business, Capital Based, and Insurance Business s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 12:46
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
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.