500285 Stock Overview
SpiceJet Limited provides air transportation services.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹46.50|
|52 Week High||₹87.25|
|52 Week Low||₹34.60|
|1 Month Change||19.38%|
|3 Month Change||-6.53%|
|1 Year Change||-30.65%|
|3 Year Change||-64.84%|
|5 Year Change||-63.44%|
|Change since IPO||302.60%|
Recent News & Updates
|500285||IN Airlines||IN Market|
Return vs Industry: 500285 underperformed the Indian Airlines industry which returned 13.3% over the past year.
Return vs Market: 500285 underperformed the Indian Market which returned 10.2% over the past year.
|500285 Average Weekly Movement||7.7%|
|Airlines Industry Average Movement||4.7%|
|Market Average Movement||6.3%|
|10% most volatile stocks in IN Market||8.9%|
|10% least volatile stocks in IN Market||4.1%|
Stable Share Price: 500285 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 500285's weekly volatility (8%) has been stable over the past year.
About the Company
SpiceJet Limited provides air transportation services. It operates through Air Transport, and Freighter and Logistics Services segments. The company offers passengers and cargo air transportation services under the SpiceJet brand name.
SpiceJet Fundamentals Summary
|500285 fundamental statistics|
Is 500285 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500285 income statement (TTM)|
|Cost of Revenue||₹66.02b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-25.19|
|Net Profit Margin||-22.90%|
How did 500285 perform over the long term?See historical performance and comparison
Is 500285 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales 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 500285?
Other financial metrics that can be useful for relative valuation.
|What is 500285's n/a Ratio?|
Price to Sales Ratio vs Peers
How does 500285's PS Ratio compare to its peers?
|500285 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
532617 Jet Airways (India)
INDIGO InterGlobe Aviation
GATEWAY Gateway Distriparks
Price-To-Sales vs Peers: 500285 is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (4.9x).
Price to Earnings Ratio vs Industry
How does 500285's PE Ratio compare vs other companies in the Asian Airlines Industry?
Price-To-Sales vs Industry: 500285 is good value based on its Price-To-Sales Ratio (0.4x) compared to the Asian Airlines industry average (1.5x)
Price to Sales Ratio vs Fair Ratio
What is 500285's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||0.4x|
|Fair PS Ratio||1.6x|
Price-To-Sales vs Fair Ratio: 500285 is good value based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).
Share Price vs Fair Value
What is the Fair Price of 500285 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 500285 (₹46.5) is trading below our estimate of fair value (₹85.04)
Significantly Below Fair Value: 500285 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is SpiceJet forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (6.8%).
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 is expected to become profitable in the next 3 years.
Revenue vs Market: 500285's revenue (38.7% per year) is forecast to grow faster than the Indian market (10.5% per year).
High Growth Revenue: 500285's revenue (38.7% 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
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How has SpiceJet performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 67.8% 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.
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How is SpiceJet's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
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: Insufficient data to determine if 500285 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 500285 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is SpiceJet current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 500285 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ajay Singh (57 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 ($USD903.55K) is above average for companies of similar size in the Indian market ($USD282.33K).
Compensation vs Earnings: Ajay's compensation has been consistent with company performance over the past year.
Experienced Management: 500285's management team is seasoned and experienced (7.2 years average tenure).
Experienced Board: 500285's board of directors are considered experienced (5.9 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SpiceJet Limited's employee growth, exchange listings and data sources
- Name: SpiceJet Limited
- Ticker: 500285
- Exchange: BSE
- Founded: 1984
- Industry: Airlines
- Sector: Transportation
- Implied Market Cap: ₹27.984b
- Shares outstanding: 601.80m
- Website: https://www.spicejet.com
Number of Employees
- SpiceJet Limited
- 319, Udyog Vihar
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/19 00:00|
|End of Day Share Price||2022/08/19 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.