BSE:532880

Stock Analysis Report

Executive Summary

Omaxe Limited operates as a real estate development company in India.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has Omaxe's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.1%

532880

3.8%

IN Real Estate

2.4%

IN Market


1 Year Return

-13.1%

532880

21.0%

IN Real Estate

8.0%

IN Market

Return vs Industry: 532880 underperformed the Indian Real Estate industry which returned 21% over the past year.

Return vs Market: 532880 underperformed the Indian Market which returned 8% over the past year.


Shareholder returns

532880IndustryMarket
7 Day-0.1%3.8%2.4%
30 Day-3.3%-0.7%2.5%
90 Day-6.2%-2.1%3.6%
1 Year-12.8%-13.1%21.7%21.0%10.3%8.0%
3 Year11.7%10.6%29.0%26.6%22.3%16.0%
5 Year47.3%44.7%50.1%44.7%42.8%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

7.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 532880 (₹186.85) is trading below our estimate of fair value (₹201.2)

Significantly Below Fair Value: 532880 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 532880 is poor value based on its PE Ratio (60.4x) compared to the Real Estate industry average (13.2x).

PE vs Market: 532880 is poor value based on its PE Ratio (60.4x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532880's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532880 is overvalued based on its PB Ratio (2x) compared to the IN Real Estate industry average (0.7x).


Next Steps

Future Growth

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

7.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532880's forecast earnings growth (7.9% per year) is above the savings rate (7.6%).

Earnings vs Market: 532880's earnings (7.9% per year) are forecast to grow slower than the Indian market (18.4% per year).

High Growth Earnings: 532880's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 532880's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 532880's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 532880's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Omaxe performed over the past 5 years?

-2.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 532880's earnings have declined by -2.6% per year over the past 5 years.

Accelerating Growth: 532880's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532880 had negative earnings growth (-19.1%) over the past year, making it difficult to compare to the Real Estate industry average (0.01%).


Return on Equity

High ROE: 532880's Return on Equity (3.1%) is considered low.


Return on Assets

ROA vs Industry: 532880's Return on Assets is below or equal to the Real Estate industry average last year.


Return on Capital Employed

ROCE Improving: 532880's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Omaxe's financial position?


Financial Position Analysis

Short Term Liabilities: 532880's short term assets (₹96.2B) exceeds its short term liabilities (₹76.8B)

Long Term Liabilities: 532880's short term assets (96.2B) exceeds its long term liabilities (13.3B)


Debt to Equity History and Analysis

Debt Level: 532880's debt to equity ratio (74.8%) is considered high

Reducing Debt: 532880's debt to equity ratio has increased from 29.7% to 74.8% over the past 5 years.

Debt Coverage: 532880's debt is well covered by operating cash flow (30.5%).

Interest Coverage: 532880's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet

Inventory Level: 532880 has a high level of physical assets or inventory.

Debt Coverage by Assets: 532880's debt is covered by short term assets (assets are 7.323540x debt).


Next Steps

Dividend

What is Omaxe's current dividend yield, its reliability and sustainability?

0.37%

Current Dividend Yield


Dividend Yield vs Market

company0.4%marketbottom25%0.6%markettop25%2.4%industryaverage0.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 532880's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 532880's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (2.41%).

Stable Dividend: 532880 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 532880 has only been paying a dividend for 6 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.6%), 532880'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

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

1.0yrs

Average management tenure


CEO

Mohit Goel (30yo)

1.7yrs

Tenure

₹2,300,000

Compensation

Mr. Mohit Goel is Chief Executive Officer at Omaxe Limited since rejoining in February 12, 2018 and its Whole time Director since September 26, 2019. He served as the Chief Executive Officer of Omaxe Ltd.  ...


CEO Compensation Analysis

Compensation vs. Market: Mohit's total compensation ($USD32.48K) is too low to compare against companies of similar size in the Indian market ($USD320.31K).

Compensation vs Earnings: Mohit's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

1.0yrs

Average Tenure

48yo

Average Age

Experienced Management: 532880's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Age and Tenure

0.5yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 532880's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Daleep Moudgil (59yo)

    President

    • Tenure: 0yrs
  • Rohtas Goel (57yo)

    Chairman & MD

    • Tenure: 14.5yrs
    • Compensation: ₹4.20m
  • Bhupendra Singh (48yo)

    President

    • Tenure: 0yrs
  • Vimal Gupta (50yo)

    President of Corporate strategy

    • Tenure: 0.3yrs
    • Compensation: ₹4.90m
  • Mohit Goel (30yo)

    CEO & Whole Time Director

    • Tenure: 1.7yrs
    • Compensation: ₹2.30m
  • Udit Mehra

    Senior Manager

    • Tenure: 0yrs
  • Surendra Goyal (40yo)

    President

    • Tenure: 0yrs
  • Shravan Govil (43yo)

    President

    • Tenure: 0yrs
  • Navin Jain

    Company Secretary & Compliance Officer

    • Tenure: 0.08yrs
  • Arun Pandey

    Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Devidas Kambale (68yo)

    Additional Non-Executive & Independent Director

    • Tenure: 0.3yrs
  • Rohtas Goel (57yo)

    Chairman & MD

    • Tenure: 14.5yrs
    • Compensation: ₹4.20m
  • Mohit Goel (30yo)

    CEO & Whole Time Director

    • Tenure: 1.7yrs
    • Compensation: ₹2.30m
  • Gurnam Singh (64yo)

    Non-Executive Independent Director

    • Tenure: 0.7yrs
    • Compensation: ₹200.00k

Company Information

Omaxe Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Omaxe Limited
  • Ticker: 532880
  • Exchange: BSE
  • Founded: 1987
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: ₹34.111b
  • Shares outstanding: 182.90m
  • Website: https://www.omaxe.com

Location

  • Omaxe Limited
  • Omaxe House
  • 7, Local Shopping Centre
  • New Delhi
  • Delhi
  • 110019
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532880BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2007
OMAXENSEI (National Stock Exchange of India)YesEquity SharesININRAug 2007

Biography

Omaxe Limited operates as a real estate development company in India. It develops and sells integrated and hi-tech townships, group housing projects, office spaces, malls, shops, SCOs, hotel projects, and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:42
End of Day Share Price2019/10/23 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.