Morgan Ventures Limited operates as a non-banking financial company in India.
Fair value with mediocre balance sheet.
Share Price & News
How has Morgan Ventures's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 526237's share price has been volatile over the past 3 months.
7 Day Return
IN Renewable Energy
1 Year Return
IN Renewable Energy
Return vs Industry: 526237 exceeded the Indian Renewable Energy industry which returned -8% over the past year.
Return vs Market: 526237 exceeded the Indian Market which returned -7.5% over the past year.
Price Volatility Vs. Market
How volatile is Morgan Ventures's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Morgan Ventures undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 526237 (₹10.09) is trading below our estimate of fair value (₹500.39)
Significantly Below Fair Value: 526237 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 526237 is unprofitable, so we can't compare its PE Ratio to the IN Renewable Energy industry average.
PE vs Market: 526237 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 526237's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 526237 is good value based on its PB Ratio (0.3x) compared to the IN Renewable Energy industry average (0.4x).
How is Morgan Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities 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 Morgan Ventures 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.
- Examine whether Morgan Ventures is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Morgan Ventures competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
How has Morgan Ventures performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 526237 is currently unprofitable.
Growing Profit Margin: 526237 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 526237 is unprofitable, but has reduced losses over the past 5 years at a rate of 89.4% per year.
Accelerating Growth: Unable to compare 526237's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 526237 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (4%).
Return on Equity
High ROE: 526237 has a negative Return on Equity (-0.27%), as it is currently unprofitable.
How is Morgan Ventures's financial position?
Financial Position Analysis
Short Term Liabilities: 526237's short term assets (₹196.3M) exceed its short term liabilities (₹247.0K).
Long Term Liabilities: 526237's short term assets (₹196.3M) do not cover its long term liabilities (₹382.3M).
Debt to Equity History and Analysis
Debt Level: 526237's debt to equity ratio (102%) is considered high.
Reducing Debt: Insufficient data to determine if 526237's debt to equity ratio has reduced over the past 5 years.
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 526237 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 526237 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.5% per year.
What is Morgan Ventures's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 526237's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 526237'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 526237's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 526237'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 526237'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
Shahzeb Khan (55yo)
Mr. Shahzeb Khan serves as Managing Director and Director of Morgan Ventures Limited since August 14, 2019. Mr. Khan served as a Company Secretary of Morgan Ventures Limited until October 10, 2017. Mr. Kha ...
CEO Compensation Analysis
Compensation vs Market: Shahzeb's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD49.78K).
Compensation vs Earnings: Shahzeb's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||3.42yrs||₹185.33k||no data|
|MD & Director||0.92yr||₹1.43m||0.000020% ₹19.6|
|Company Secretary & Compliance Officer||0.42yr||no data||no data|
Experienced Management: 526237's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|MD & Director||0.92yr||₹1.43m||0.000020% ₹19.6|
|Independent Non-Executive Director||33.75yrs||₹30.00k||no data|
|Independent Non-Executive Director||6yrs||₹30.00k||0.0010% ₹989.8|
|Non-Executive Director||4.17yrs||no data||no data|
Experienced Board: 526237's board of directors are considered experienced (5.1 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.
Morgan Ventures Limited's company bio, employee growth, exchange listings and data sources
- Name: Morgan Ventures Limited
- Ticker: 526237
- Exchange: BSE
- Founded: 1986
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: ₹97.997m
- Shares outstanding: 9.90m
- Website: https://www.morganventures.in
- Morgan Ventures Limited
- 37, Ring Road
- Lajpat Nagar-IV
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|526237||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
Morgan Ventures Limited operates as a non-banking financial company in India. It manages public issues; and provides corporate advisory, corporate restructuring, takeover, and mergers and acquisition services. The company also generates power from windmills with an installed capacity of 6.975 megawatts in Tamil Nadu. It supplies power to Tamil Nadu Electricity Board. The company was formerly known as Doogar Associates Limited and changed its name to Morgan Ventures Limited in 2004. Morgan Ventures Limited was incorporated in 1986 and is based in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/16 12:48|
|End of Day Share Price||2020/07/16 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.