SpiceJet Limited provides air transportation services in India. More Details
No risks detected for 500285 from our risk checks.
High growth potential with imperfect balance sheet.
Share Price & News
How has SpiceJet's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500285 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 500285's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 500285 underperformed the Indian Airlines industry which returned -16.2% over the past year.
Return vs Market: 500285 underperformed the Indian Market which returned 10.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SpiceJet's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SpiceJet undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: 500285 (₹76.9) is trading above our estimate of fair value (₹29.45)
Significantly Below Fair Value: 500285 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500285 is unprofitable, so we can't compare its PE Ratio to the XX Airlines industry average.
PE vs Market: 500285 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500285's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500285 has negative assets, so we can't compare its PB Ratio to the XA Airlines industry average.
How is SpiceJet forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500285 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.2%).
Earnings vs Market: 500285 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 500285's is expected to become profitable in the next 3 years.
Revenue vs Market: 500285's revenue (28.4% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: 500285's revenue (28.4% per year) 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 500285's Return on Equity is forecast to be high in 3 years time
How has SpiceJet performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500285 is currently unprofitable.
Growing Profit Margin: 500285 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500285 is unprofitable, and losses have increased over the past 5 years at a rate of 62.9% per year.
Accelerating Growth: Unable to compare 500285's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500285 is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-26.2%).
Return on Equity
High ROE: 500285's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is SpiceJet's financial position?
Financial Position Analysis
Short Term Liabilities: 500285 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 500285 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 500285 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 500285's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 500285 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 500285 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32% per year.
What is SpiceJet current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 500285's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 500285's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 500285's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500285's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500285's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ajay Singh (55 yo)
Mr. Ajay Singh has been Chairman since May 31, 2015 and Managing Director of SpiceJet Limited since May 21, 2015. Mr. Singh Co-Founded Argentum Motors Private Limited and serves as its Chairman. He has ext...
CEO Compensation Analysis
Compensation vs Market: Ajay's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD378.36K).
Compensation vs Earnings: Insufficient data to compare Ajay's compensation with company performance.
|Chairman & MD||5.58yrs||no data||59.49% |
|Chief Financial Officer||0.083yr||no data||no data|
|Chief Technology & Innovation Officer||no data||no data||no data|
|Senior VP of Legal||no data||₹4.72m||0.035% |
|Senior Manager of Corporate Communications||no data||no data||no data|
|Chief Customer Service Officer||10.75yrs||no data||no data|
|Chief Commercial Officer||0.83yr||no data||no data|
|Chief Strategy Officer & Accountable Manager||no data||no data||no data|
|Head of Customer Care||11.67yrs||no data||no data|
|Senior Vice President of Flight Operations||5.5yrs||no data||no data|
|Country Head for UAE||5.08yrs||no data||no data|
|Head of Corporate Affairs & CSR||no data||no data||no data|
Experienced Management: 500285's management team is seasoned and experienced (5.5 years average tenure).
|Chairman & MD||5.58yrs||no data||59.49% |
|Non-Executive Director||5.58yrs||₹400.00k||0.0010% |
|Independent & Non-Executive Director||4.25yrs||₹500.00k||no data|
|Independent Director||1.83yrs||no data||0.00071% |
|Independent Director||1.58yrs||no data||no data|
Experienced Board: 500285's board of directors are considered experienced (4.3 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 not been meaningfully diluted in the past year.
SpiceJet Limited's company bio, employee growth, exchange listings and data sources
- Name: SpiceJet Limited
- Ticker: 500285
- Exchange: BSE
- Founded: 1984
- Industry: Airlines
- Sector: Transportation
- Market Cap: ₹44.433b
- Shares outstanding: 600.45m
- Website: https://www.spicejet.com
Number of Employees
- SpiceJet Limited
- 319, Udyog Vihar
- Phase IV
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500285||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2000|
|SPICEJET||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2000|
SpiceJet Limited provides air transportation services in India. The company offers passengers and cargo air transportation services under the SpiceJet brand. As of July 31, 2019, it operated 111 fleets cov...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 12:10|
|End of Day Share Price||2020/12/02 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.