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Embassy Office Parks REIT

NSEI:EMBASSY
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EMBASSY
NSEI
₹288B
Market Cap
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Last updated 2019/06/25 13:07
Company description

Embassy Office Parks REIT owns office portfolio that serves as corporate infrastructure to multinational tenants in India. The last earnings update was 28 days ago. More info.

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EMBASSY Share Price and Events
7 Day Returns
2.7%
NSEI:EMBASSY
1.5%
Asia REITs
0%
IN Market
1 Year Returns
-
NSEI:EMBASSY
18.7%
Asia REITs
-1.1%
IN Market
EMBASSY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Embassy Office Parks REIT (EMBASSY) 2.7% 6% - - - -
Asia REITs 1.5% 3.4% 5.3% 18.7% 34.6% 35.2%
IN Market 0% -1.8% -0.4% -1.1% 31.5% 36.1%
1 Year Return vs Industry and Market
  • No trading data on EMBASSY.
  • No trading data on EMBASSY.
Price Volatility
Industry
5yr Volatility vs Market

EMBASSY Value

 Is Embassy Office Parks REIT undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Embassy Office Parks REIT to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Embassy Office Parks REIT.

NSEI:EMBASSY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity using Funds From Operations
Levered Funds From Operations Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.4%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:EMBASSY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.494 (1 + (1- 35%) (27.46%)) 		0.72
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 8.6%) 		14.43%

Discounted Cash Flow Calculation for NSEI:EMBASSY using 2 Stage Free Cash Flow to Equity using Funds From Operations Model

The calculations below outline how an intrinsic value for Embassy Office Parks REIT is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Embassy Office Parks REIT is a Real Estate Investment Trust (REIT), we use funds from operations (FFO) or adjusted funds from operations (AFFO) instead of levered free cash flow for REITs. This excludes depreciation and borrowing. Ideally analysts estimates of AFFO are used, where these aren't available we use FFO.

NSEI:EMBASSY DCF 1st Stage: Next 10 year cash flow forecast
Funds From Operations (FFO) (INR, Millions) Source Present Value
Discounted (@ 14.43%)
2019 13,680.00 Analyst x1 11,954.91
2020 16,063.00 Analyst x1 12,267.24
2021 17,320.00 Analyst x1 11,559.21
2022 20,399.00 Analyst x1 11,897.32
2023 22,673.77 Est @ 11.15% 11,556.44
2024 24,957.24 Est @ 10.07% 11,116.22
2025 27,281.92 Est @ 9.31% 10,619.29
2026 29,678.71 Est @ 8.79% 10,095.45
2027 32,176.09 Est @ 8.41% 9,564.76
2028 34,800.14 Est @ 8.16% 9,040.28
Present value of next 10 years cash flows ₹109,671.14
NSEI:EMBASSY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹34,800.14 × (1 + 7.55%) ÷ (14.43% – 7.55%) 		₹544,005.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹544,005.04 ÷ (1 + 14.43%)10 		₹141,320.10
NSEI:EMBASSY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹109,671.14 + ₹141,320.10 		₹250,991.24
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹250,991.24 / 771.67 		₹325.26
NSEI:EMBASSY Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹325.26
Current discount Discount to share price of ₹368.98
= -1 x (₹368.98 - ₹325.26) / ₹325.26 		-13.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Embassy Office Parks REIT is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Embassy Office Parks REIT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Embassy Office Parks REIT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:EMBASSY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹4.73
NSEI:EMBASSY Share Price ** NSEI (2019-06-25) in INR ₹368.98
Asia REITs Industry PE Ratio Median Figure of 49 Publicly-Listed REITs Companies 14.47x
India Market PE Ratio Median Figure of 2,825 Publicly-Listed Companies 15.38x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Embassy Office Parks REIT.

NSEI:EMBASSY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:EMBASSY Share Price ÷ EPS (both in INR)

= 368.98 ÷ 4.73

 77.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Embassy Office Parks REIT is overvalued based on earnings compared to the Asia REITs industry average.
  • Embassy Office Parks REIT is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Embassy Office Parks REIT's expected growth come at a high price?
Raw Data
NSEI:EMBASSY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 77.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts		 39.9%per year
Asia REITs Industry PEG Ratio Median Figure of 44 Publicly-Listed REITs Companies 1.33x
India Market PEG Ratio Median Figure of 523 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

NSEI:EMBASSY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 77.94x ÷ 39.9%

 1.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Embassy Office Parks REIT is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Embassy Office Parks REIT's assets?
Raw Data
NSEI:EMBASSY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹296.69
NSEI:EMBASSY Share Price * NSEI (2019-06-25) in INR ₹368.98
Asia REITs Industry PB Ratio Median Figure of 51 Publicly-Listed REITs Companies 0.97x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 0.96x
NSEI:EMBASSY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:EMBASSY Share Price ÷ Book Value per Share (both in INR)

= 368.98 ÷ 296.69

 1.24x

* Primary Listing of Embassy Office Parks REIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Embassy Office Parks REIT is overvalued based on assets compared to the Asia REITs industry average.
X
Value checks
We assess Embassy Office Parks REIT's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
    5. Embassy Office Parks REIT has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EMBASSY Future Performance

 How is Embassy Office Parks REIT expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
39.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Embassy Office Parks REIT expected to grow at an attractive rate?
  • Embassy Office Parks REIT's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Embassy Office Parks REIT's earnings growth is expected to exceed the India market average.
  • Embassy Office Parks REIT's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:EMBASSY Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:EMBASSY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 39.9%
NSEI:EMBASSY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 12.3%
Asia REITs Industry Earnings Growth Rate Market Cap Weighted Average -11.8%
Asia REITs Industry Revenue Growth Rate Market Cap Weighted Average 5%
India Market Earnings Growth Rate Market Cap Weighted Average 16.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:EMBASSY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:EMBASSY Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31
2023-03-31 34,452 24,897 1
2022-03-31 29,684 22,160 17,913 4
2021-03-31 24,157 20,144 12,726 7
2020-03-31 21,939 19,600 10,872 7
NSEI:EMBASSY Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 20,211 12,395 3,653
2018-03-31 17,633 12,508 2,569

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Embassy Office Parks REIT's earnings are expected to grow significantly at over 20% yearly.
  • Embassy Office Parks REIT's revenue is expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:EMBASSY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Embassy Office Parks REIT Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:EMBASSY Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 23.21 28.13 18.30 2.00
2021-03-31 16.49 25.53 10.53 4.00
2020-03-31 14.09 15.22 12.96 2.00
NSEI:EMBASSY Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 4.73
2018-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Embassy Office Parks REIT is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Show me more growth companies in the REITs industry
X
Future performance checks
We assess Embassy Office Parks REIT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Embassy Office Parks REIT has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EMBASSY Past Performance

  How has Embassy Office Parks REIT performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Embassy Office Parks REIT's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if Embassy Office Parks REIT's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare Embassy Office Parks REIT's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • Embassy Office Parks REIT's earnings growth has exceeded the Asia REITs industry average in the past year (42.2% vs -2.3%).
Earnings and Revenue History
Embassy Office Parks REIT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Embassy Office Parks REIT Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:EMBASSY Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 20,210.51 3,653.29 257.18
2018-03-31 17,633.31 2,569.08 282.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Embassy Office Parks REIT has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Embassy Office Parks REIT used its assets less efficiently than the Asia REITs industry average last year based on Return on Assets.
  • Unable to establish if Embassy Office Parks REIT improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Embassy Office Parks REIT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Embassy Office Parks REIT has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EMBASSY Health

 How is Embassy Office Parks REIT's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Embassy Office Parks REIT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Embassy Office Parks REIT is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Embassy Office Parks REIT's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Embassy Office Parks REIT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Embassy Office Parks REIT Company Filings, last reported 2 months ago.

NSEI:EMBASSY Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 228,944.79 79,119.04 51,243.62
2018-03-31 34,789.26 85,588.91 4,001.53
  • Embassy Office Parks REIT's level of debt (34.6%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Embassy Office Parks REIT's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (15.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Embassy Office Parks REIT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Embassy Office Parks REIT has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EMBASSY Dividends

 What is Embassy Office Parks REIT's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Embassy Office Parks REIT dividends. Estimated to be 7.34% next year.
If you bought ₹2,000 of Embassy Office Parks REIT shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Embassy Office Parks REIT's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Embassy Office Parks REIT's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:EMBASSY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Asia REITs Industry Average Dividend Yield Market Cap Weighted Average of 50 Stocks 4.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1449 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:EMBASSY Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2024-03-31 29.14 1.00
2023-03-31 30.58 2.00
2022-03-31 28.53 4.00
2021-03-31 26.43 7.00
2020-03-31 25.01 5.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Embassy Office Parks REIT has not reported any payouts.
  • Unable to verify if Embassy Office Parks REIT's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Embassy Office Parks REIT's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Embassy Office Parks REIT has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (719.4x coverage).
X
Income/ dividend checks
We assess Embassy Office Parks REIT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Embassy Office Parks REIT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Embassy Office Parks REIT has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EMBASSY Management

 What is the CEO of Embassy Office Parks REIT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Holland
TENURE AS CEO 5.4 years
CEO Bio

Mr. Michael David Holland, also known as Mike, is Chief Executive Officer of Embassy Office Parks Management Services Private Limited, Manager of Embassy Office Parks REIT since 2014. Prior to joining the Embassy Group, He was the Chief Executive Officer of Assetz Property Services Pvt Ltd. since April 2007. Prior to joining Assetz, he served as Corporate Services Director for Microsoft, responsible for both procurement & real estate functions across Asia Pacific including India and China. He founded the JLW India/ Jones Lang LaSalle India business. From 1998 to 2002, he served as Managing Director and Country Manager of Jones Lang LaSalle India. He has over 20 years of experience in commercial real estate with proven development experience in USA, UK, Singapore, China and India. He was an Executive Director of Assetz Property Services Pvt Ltd. since April 2007. He holds a master’s degree in Property Development (Project Management) from Thames Polytechnic and South Bank University and is a fellow of the Royal Institution of Chartered Surveyors. He has over 20 years of experience in the commercial real estate sector in Asia and Europe.

CEO Compensation
  • Insufficient data for Mike to compare compensation growth.
  • Insufficient data for Mike to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team

Mike Holland

TITLE
Chief Executive Officer of Embassy Office Parks Management Services Private Limited
TENURE
5.4 yrs

Rajesh Kaimal

TITLE
Chief Financial Officer of Embassy Office Parks Management Services Private Limited
TENURE
0.8 yrs

Sachin Shah

TITLE
Chief Investment Officer of Embassy Office Parks Management Services Private Limited

Anoop Jain

TITLE
Vice President of Finance & Accounts of Embassy Office Parks Management Services Private Limited

Ritwik Bhattacharjee

TITLE
Head of Investor Relations of Embassy Office Parks Management Services Private Limited

Ramesh Periasamy

TITLE
Compliance Officer & Company Secretary of Embassy Office Parks Management Services Private Limited

Bhhavesh Kamdar

TITLE
Head of Leasing of Embassy Office Parks Management Services Private Limited

Rajendran Subramaniam

TITLE
Head of Projects/Capex of Embassy Office Parks Management Services Private Limited
Board of Directors Tenure

Average tenure and age of the Embassy Office Parks REIT board of directors in years:

1.4
Average Tenure
52
Average Age
  • The average tenure for the Embassy Office Parks REIT board of directors is less than 3 years, this suggests a new board.
Board of Directors

Anuj Puri

TITLE
Independent Director of Embassy Office Parks Management Services Private Limited
AGE
52
TENURE
0.8 yrs

Punita Sinha

TITLE
Independent Director of Embassy Office Parks Management Services Private Limited
TENURE
0.8 yrs

Ranjan Pai

TITLE
Independent Director of Embassy Office Parks Management Services Private Limited
TENURE
2 yrs

Vivek Mehra

TITLE
Independent Director of Embassy Office Parks Management Services Private Limited
AGE
63
TENURE
2 yrs

Aditya Virwani

TITLE
Non-Executive Director of Embassy Office Parks Management Services Private Limited
TENURE
0.8 yrs

Jitu Virwani

TITLE
Non-Executive Director of Embassy Office Parks Management Services Private Limited
AGE
52
TENURE
2.3 yrs

Chris Heady

TITLE
Non-Executive Director of Embassy Office Parks Management Services Private Limited
TENURE
0.8 yrs

Tuhin Parikh

TITLE
Non-Executive Director of Embassy Office Parks Management Services Private Limited
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Embassy Office Parks REIT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Embassy Office Parks REIT has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EMBASSY News

Simply Wall St News

EMBASSY Company Info

Description

Embassy Office Parks REIT owns office portfolio that serves as corporate infrastructure to multinational tenants in India. Its portfolio comprises office parks and office buildings. The company was founded in 1993 and is based in Bengaluru, Karnataka.

Details
Name: Embassy Office Parks REIT
EMBASSY
Exchange: NSEI
Founded: 1993
₹288,139,839,076
771,665,343
Website: http://www.embassyofficeparks.com
Address: Embassy Office Parks REIT
Royal Oaks,
Embassy Golflinks Business Park,
Bengaluru,
Karnataka, 560071,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI EMBASSY Equity Shares National Stock Exchange of India IN INR 01. Apr 2019
BSE 542602 Equity Shares Mumbai Stock Exchange IN INR 01. Apr 2019
Number of employees
Current staff
Staff numbers
0
Embassy Office Parks REIT employees.
Industry
Office REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 13:07
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/06/13
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

Related Companies

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