539991 Stock Overview
Confidence Futuristic Energetech Limited sells composite LPG cylinders under the brand name Go Gas Elite to domestic and commercial users.
Confidence Futuristic Energetech Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹174.75|
|52 Week High||₹174.75|
|52 Week Low||₹40.80|
|1 Month Change||4.99%|
|3 Month Change||21.48%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||1,298.00%|
Recent News & Updates
|539991||IN Oil and Gas||IN Market|
Return vs Industry: Insufficient data to determine how 539991 performed against the Indian Oil and Gas industry.
Return vs Market: Insufficient data to determine how 539991 performed against the Indian Market.
|539991 Average Weekly Movement||n/a|
|Oil and Gas Industry Average Movement||7.1%|
|Market Average Movement||6.6%|
|10% most volatile stocks in IN Market||9.2%|
|10% least volatile stocks in IN Market||4.3%|
Stable Share Price: Insufficient data to determine 539991's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine 539991's volatility change over the past year.
About the Company
Confidence Futuristic Energetech Limited sells composite LPG cylinders under the brand name Go Gas Elite to domestic and commercial users. It also manufactures and sells high pressure cylinders, such as oxygen, CNG hydrogen, and Co2. The company was formerly known as Globe Industrial Resources Limited and changed its name to Confidence Futuristic Energetech Limited in October 2017.
Confidence Futuristic Energetech Fundamentals Summary
|539991 fundamental statistics|
Is 539991 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|539991 income statement (TTM)|
|Cost of Revenue||₹418.83m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||4.00|
|Net Profit Margin||6.85%|
How did 539991 perform over the long term?See historical performance and comparison
0.4%Current Dividend Yield
Is 539991 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 539991?
Other financial metrics that can be useful for relative valuation.
|What is 539991's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 539991's PE Ratio compare to its peers?
|539991 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
531322 Sri Havisha Hospitality and Infrastructure
524675 Kabsons Industries
542543 India Infrastructure Trust
KOTYARK Kotyark Industries
539991 Confidence Futuristic Energetech
Price-To-Earnings vs Peers: 539991 is expensive based on its Price-To-Earnings Ratio (43.7x) compared to the peer average (41.6x).
Price to Earnings Ratio vs Industry
How does 539991's PE Ratio compare vs other companies in the IN Oil and Gas Industry?
Price-To-Earnings vs Industry: 539991 is expensive based on its Price-To-Earnings Ratio (43.7x) compared to the Indian Oil and Gas industry average (11.7x)
Price to Earnings Ratio vs Fair Ratio
What is 539991's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||43.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 539991's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 539991 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 539991 (₹174.75) is trading above our estimate of fair value (₹4.54)
Significantly Below Fair Value: 539991 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Confidence Futuristic Energetech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Energy 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 Confidence Futuristic Energetech 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.
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- Examine Confidence Futuristic Energetech's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Confidence Futuristic Energetech competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Confidence Futuristic Energetech performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539991 has high quality earnings.
Growing Profit Margin: 539991 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 539991's earnings have grown significantly by 63.9% per year over the past 5 years.
Accelerating Growth: 539991 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 539991 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (49.4%).
Return on Equity
High ROE: 539991's Return on Equity (4.1%) is considered low.
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How is Confidence Futuristic Energetech's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 539991's short term assets (₹538.0M) exceed its short term liabilities (₹253.4M).
Long Term Liabilities: 539991's short term assets (₹538.0M) exceed its long term liabilities (₹372.9M).
Debt to Equity History and Analysis
Debt Level: 539991's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: 539991's debt to equity ratio has increased from 8.9% to 36% over the past 5 years.
Debt Coverage: 539991's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539991's interest payments on its debt are well covered by EBIT (4.1x coverage).
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What is Confidence Futuristic Energetech current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 539991's dividend (0.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: 539991's dividend (0.43%) is low compared to the top 25% of dividend payers in the Indian market (1.72%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 539991's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 539991's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), 539991's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 539991 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nitin Khara (61 yo)
Mr. Nitin Punamchand Khara serves as the Executive Chairman, Managing Director and Chief Executive Officer of Confidence Petroleum India Ltd. Mr. Khara has been an Executive Director of Confidence Futurist...
Experienced Board: 539991's board of directors are considered experienced (3.2 years average tenure).
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 525.5%.
Confidence Futuristic Energetech Limited's employee growth, exchange listings and data sources
- Name: Confidence Futuristic Energetech Limited
- Ticker: 539991
- Exchange: BSE
- Founded: 1985
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: ₹2.186b
- Shares outstanding: 12.51m
- Website: https://cfel.co.in
Number of Employees
- Confidence Futuristic Energetech Limited
- 404, Satyam Apartment
- 8 Wardha Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/04 00:00|
|End of Day Share Price||2022/07/06 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.