CESC
CESC Limited, an integrated electrical utility company, engages in the generation, transmission, and distribution of electricity to approximately 2.9 million domestic, industrial, and commercial users in the area of 567 square kilometers (km) of Kolkata and Howrah, West Bengal in India. The last earnings update was 112 days ago. More info.
Add to Portfolio Compare Print
CESC Share Price and Events
7 Day Returns
1 Year Returns
CESC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| CESC (CESC) | -0.6% | 9.8% | 4.8% | -18.2% | 52.9% | 50.4% |
| IN Electric Utilities | 1.4% | 7.9% | -3.4% | -6.2% | 33.4% | 48% |
| IN Market | 0.4% | 9.1% | 1.8% | 2% | 43.6% | 80.4% |
1 Year Return vs Industry and Market
- CESC underperformed the Electric Utilities industry which returned -6.2% over the past year.
- CESC underperformed the Market in India which returned 2% over the past year.
CESC Value
Is CESC 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
CESC
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for CESC.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 8 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Electric Utilities Unlevered Beta | Simply Wall St/ S&P Global | 0.24 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.241 (1 + (1- 35%) (152.27%)) |
0.651 |
| 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:CESC using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for CESC 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.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 14.43%) |
|
|---|---|---|---|
| 2019 | 18,275.00 | Analyst x3 | 15,970.46 |
| 2020 | 17,077.50 | Analyst x4 | 13,042.01 |
| 2021 | 19,425.33 | Analyst x3 | 12,964.29 |
| 2022 | 21,531.25 | Est @ 10.84% | 12,557.68 |
| 2023 | 23,652.88 | Est @ 9.85% | 12,055.48 |
| 2024 | 25,820.10 | Est @ 9.16% | 11,500.55 |
| 2025 | 28,060.99 | Est @ 8.68% | 10,922.54 |
| 2026 | 30,401.33 | Est @ 8.34% | 10,341.26 |
| 2027 | 32,864.78 | Est @ 8.1% | 9,769.49 |
| 2028 | 35,473.32 | Est @ 7.94% | 9,215.16 |
| Present value of next 10 years cash flows | ₹118,338.92 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹35,473.32 × (1 + 7.55%) ÷ (14.43% – 7.55%) |
₹554,528.50 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹554,528.50 ÷ (1 + 14.43%)10 |
₹144,053.86 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹118,338.92 + ₹144,053.86 |
₹262,392.78 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹262,392.78 / 132.56 |
₹1979.47 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹1,979.47 |
| Current discount | Discount to share price of
₹722.55
= -1 x (₹722.55 - ₹1,979.47) / ₹1,979.47 |
63.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- CESC's share price is below the future cash flow value, and at a moderate discount (> 20%).
- CESC's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 CESC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
CESC's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-03-31) in INR | ₹62.43 |
| NSEI:CESC Share Price ** | NSEI (2019-03-20) in INR | ₹722.55 |
| India Electric Utilities Industry PE Ratio | Median Figure of 7 Publicly-Listed Electric Utilities Companies | 11.57x |
| India Market PE Ratio | Median Figure of 2,730 Publicly-Listed Companies | 16.4x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of CESC.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NSEI:CESC Share Price ÷ EPS (both in INR) = 722.55 ÷ 62.43 |
11.57x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CESC is good value based on earnings compared to the IN Electric Utilities industry average.
- CESC is good value based on earnings compared to the India market.
Price based on expected Growth
Does
CESC's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 11.57x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts |
14.2%per year |
| India Electric Utilities Industry PEG Ratio | Median Figure of 6 Publicly-Listed Electric Utilities Companies | 0.88x |
| India Market PEG Ratio | Median Figure of 596 Publicly-Listed Companies | 1.27x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 11.57x ÷ 14.2% |
0.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CESC is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
CESC's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-03-31) in INR | ₹635.21 |
| NSEI:CESC Share Price * | NSEI (2019-03-20) in INR | ₹722.55 |
| India Electric Utilities Industry PB Ratio | Median Figure of 10 Publicly-Listed Electric Utilities Companies | 1.01x |
| India Market PB Ratio | Median Figure of 3,617 Publicly-Listed Companies | 1.12x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NSEI:CESC Share Price ÷ Book Value per Share (both in INR) = 722.55 ÷ 635.21 |
1.14x |
* Primary Listing of CESC.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CESC is overvalued based on assets compared to the IN Electric Utilities industry average.
Value checks
We assess CESC's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check) CESC has a total score of 5/6, 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.
CESC Future Performance
How is CESC expected to perform in the next 1 to 3 years based on estimates from 8 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!
Earnings growth vs Low Risk Savings
- CESC's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- CESC's earnings growth is positive but not above the India market average.
- CESC's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:CESC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts | 14.2% |
| NSEI:CESC Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts | 5.3% |
| India Electric Utilities Industry Earnings Growth Rate | Market Cap Weighted Average | 16.2% |
| India Electric Utilities Industry Revenue Growth Rate | Market Cap Weighted Average | 12.9% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.9% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 8 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | 120,921 | 30,722 | 12,954 | 4 |
| 2020-03-31 | 112,602 | 25,907 | 11,279 | 4 |
| 2019-03-31 | 105,670 | 29,263 | 10,274 | 2 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-03-31 | 102,749 | 24,321 | 8,276 |
| 2017-03-31 | 83,634 | 26,552 | 5,354 |
| 2016-03-31 | 121,242 | 24,804 | 5,985 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 8 Analyst Estimates (S&P Global) | See Below |
All data from CESC Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | 99.58 | 109.00 | 91.50 | 4.00 |
| 2020-03-31 | 88.76 | 97.00 | 82.70 | 5.00 |
| 2019-03-31 | 75.16 | 83.70 | 62.60 | 5.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-03-31 | 62.43 |
| 2017-03-31 | 40.39 |
| 2016-03-31 | 45.15 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess CESC's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
CESC has a total score of 1/6, 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.
CESC Past Performance
How has CESC 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
Past Earnings growth analysis
- CESC's year on year earnings growth rate has been positive over the past 5 years.
- CESC's 1-year earnings growth exceeds its 5-year average (54.6% vs 13.1%)
- CESC's earnings growth has exceeded the IN Electric Utilities industry average in the past year (54.6% vs 10%).
Earnings and Revenue History
All data from CESC Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-03-31 | 102,748.60 | 8,275.70 | 9,702.30 | |
| 2017-03-31 | 83,633.60 | 5,353.80 | 8,727.70 | |
| 2016-03-31 | 121,241.90 | 5,984.80 | 32,853.70 | |
| 2015-03-31 | 110,666.30 | 1,985.10 | 30,831.40 | |
| 2014-03-31 | 101,108.50 | 4,916.40 | 35,154.70 | |
| 2013-03-31 | 75,566.50 | 4,593.80 | 16,088.30 | |
| 2012-03-31 | 58,917.20 | 2,458.80 | 7,578.90 |
*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.
- CESC has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- CESC used its assets less efficiently than the IN Electric Utilities industry average last year based on Return on Assets.
- CESC has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess CESC's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
CESC has a total score of 4/6, 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.
CESC Health
How is CESC'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 CESC's finances.
The net worth of a company is the difference between its assets and liabilities.
- CESC's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- CESC's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.3x 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.
All data from CESC Company Filings, last reported 11 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-03-31 | 84,895.60 | 145,841.60 | 17,020.10 |
| 2017-03-31 | 118,327.40 | 156,549.10 | 23,016.80 |
| 2016-03-31 | 116,957.10 | 149,291.00 | 17,910.20 |
| 2015-03-31 | 70,294.40 | 142,567.50 | 16,453.00 |
| 2014-03-31 | 65,429.40 | 119,437.80 | 12,422.10 |
| 2013-03-31 | 58,860.70 | 96,853.60 | 14,313.50 |
| 2012-03-31 | 48,449.90 | 58,131.60 | 14,282.50 |
- CESC's level of debt (171.8%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (164.6% vs 171.8% today).
- Debt is not well covered by operating cash flow (16.7%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
Financial health checks
We assess CESC's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) CESC has a total score of 0/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
CESC Dividends
What is CESC'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
If you bought
₹2,000 of
CESC
shares you are expected to receive
₹48
in your first year as a dividend.
Dividend Amount
- CESC's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
- CESC's dividend is above the markets top 25% of dividend payers in India (1.92%).
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.
| 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 8 Analyst Estimates (S&P Global) | See Below |
| India Electric Utilities Industry Average Dividend Yield | Market Cap Weighted Average of 8 Stocks | 3% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1399 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 | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-03-31 | 17.30 | 4.00 |
| 2020-03-31 | 15.88 | 4.00 |
| 2019-03-31 | 17.50 | 2.00 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-05 | 17.500 | 2.517 |
| 2018-02-28 | 12.000 | 1.399 |
| 2017-02-15 | 10.000 | 1.049 |
| 2016-03-11 | 10.000 | 1.679 |
| 2015-05-21 | 9.000 | 1.726 |
| 2014-10-31 | 8.000 | 1.265 |
| 2014-10-28 | 8.000 | 1.203 |
| 2014-07-02 | 8.000 | 1.136 |
| 2014-05-30 | 8.000 | 1.281 |
| 2013-06-04 | 7.000 | 1.789 |
| 2013-05-28 | 7.000 | 2.101 |
| 2012-07-03 | 5.000 | 1.649 |
| 2012-06-18 | 5.000 | 1.753 |
| 2011-06-24 | 4.000 | 1.488 |
| 2010-06-21 | 4.000 | 1.170 |
| 2009-03-31 | 4.000 | 1.152 |
| 2009-03-23 | 4.000 | 1.933 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
CESC's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (5.2x coverage).
- Dividends after 3 years are expected to be well covered by earnings (5.7x coverage).
Income/ dividend checks
We assess CESC's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can CESC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) CESC has a total score of 6/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
CESC Management
- CESC has no CEO, or we have no data on them.
Management Team Tenure
Average tenure and age of the CESC management team in years:
- The average tenure for the CESC management team is less than 2 years, this suggests a new team.
Management Team
Rajarshi Banerjee
CFO & Executive Director
₹20M
Subhasis Mitra
Compliance Officer
₹21M
S. Chatterjee
Executive Director of Corporate Development
₹3M
74
Debasish Banerjee
MD of Distribution & Additional Director
56
0.8 yrs
Rabi Chowdhury
MD of Generation & Additional Director
57
0.8 yrs
D. Guha
Executive Director of Program Implementation
₹3M
73
Sumantra Banerjee
Advisor to the Chairman
₹4M
69
5.7 yrs
Board of Directors Tenure
Average tenure and age of the CESC board of directors in years:
- The tenure for the CESC board of directors is about average.
Board of Directors
Sanjiv Goenka
Chairman
₹323M
57
5.8 yrs
Debasish Banerjee
MD of Distribution & Additional Director
56
0.8 yrs
Rabi Chowdhury
MD of Generation & Additional Director
57
0.8 yrs
Pinto Khaitan
Non-Executive Non Independent Director
₹2M
77
26.4 yrs
Chandra Dhanuka
Independent Director
₹2M
64
6.8 yrs
Rekha Sethi
Independent Director
₹2M
55
4.8 yrs
Kalaikuruchi Jairaj
Independent Director
₹2M
66
4.6 yrs
Pratip Chaudhuri
Independent Director
₹2M
65
4.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess CESC's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) CESC 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.
CESC News
Simply Wall St News
When Should You Buy CESC Limited (NSE:CESC)?
saw a double-digit share price rise of over 10% in the past couple of months on the NSEI. … With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Today I will analyse the most recent data on CESC’s outlook and valuation to see if the opportunity still exists
Simply Wall St - – Full articleDoes The CESC Limited (NSE:CESC) Share Price Fall With The Market?
If you're interested in CESC Limited (NSE:CESC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.
Simply Wall St - – Full articleHow Do Analysts See CESC Limited (NSE:CESC) Performing In The Year Ahead?
Looking at CESC Limited's (NSE:CESC) earnings update in March 2018,. … it seems that analyst forecasts are fairly optimistic, … the past 5-year average growth rate of 13%
Simply Wall St - – Full articleWhat Makes CESC Limited (NSE:CESC) A Great Dividend Stock?
Over the past 10 years CESC Limited (NSE:CESC) has been paying dividends to shareholders. … The stock currently pays out a dividend yield of 2.7%, and has a market cap of ₹88b. … Let's take a look at CESC in more detail.
Simply Wall St - – Full article4 Days Left Until CESC Limited (NSE:CESC) Trades Ex-Dividend
Investors who want to cash in on CESC Limited's (NSE:CESC) upcoming dividend of ₹17.50 per share have only 4 days left to buy the shares before its ex-dividend date, 14 February 2019, in time for dividends payable on the 07 March 2019. … Below, I'm going to look at the latest data and analyze the stock and its dividend property in further detail. … consistent, reliable and competitive dividend over a long period of time, and is expected to continue to pay in the same manner many years to come.
Simply Wall St - – Full articleCESC Limited (NSE:CESC): Commentary On Fundamentals
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on CESC Limited (NSE:CESC) due to its excellent fundamentals in more than one area. … CESC
Simply Wall St - – Full articleWhat Do Analysts Think About CESC Limited's (NSE:CESC) Growth?
CESC Limited's (NSE:CESC) released its most recent earnings update in March 2018, whicha … suggested
Simply Wall St - – Full articleIs CESC Limited's (NSE:CESC) P/E Ratio Really That Good?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at CESC Limited's (NSE:CESC) P/E ratio and reflect on what it tells us about the company's share price. … How Do I Calculate CESC's Price To Earnings Ratio
Simply Wall St - – Full articleWith A Return On Equity Of 10%, Has CESC Limited's (NSE:CESC) Management Done Well?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.10 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleHave Investors Priced In CESC Limited's (NSE:CESC) Growth?
CESC Limited (NSE:CESC) is considered a high-growth stock, but its last closing price of ₹686.25 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … Analysts are predicting good growth prospects for CESC over the next couple of years
Simply Wall St - – Full articleCESC Company Info
Description
CESC Limited, an integrated electrical utility company, engages in the generation, transmission, and distribution of electricity to approximately 2.9 million domestic, industrial, and commercial users in the area of 567 square kilometers (km) of Kolkata and Howrah, West Bengal in India. It owns and operates three thermal power plants, including Budge Budge, Southern, and Titagarh generating stations generating 1125 megawatts (MW) of power; two thermal power plants with a capacity of power in Chandrapur, Maharashtra, and Haldia, West Bengal; and transmission and distribution systems that comprise 474 km circuit of transmission lines linking the company’s generating and receiving stations with 105 distribution stations, as well as 8,211 km circuit of HT lines, and 12,269 km circuit of LT lines. The company also owns and operates four wind power projects with a capacity of 24 MW at Dangri in Rajasthan; 26 MW at Surendranagar, Gujarat; 36 MW at Nipaniya, Madhya Pradesh; and 70 MW at Rojmal, Gujarat, as well as a solar plant with generating capacity of approximately 18 MW of power in Ramnathapuram, Tamil Nadu. In addition, it engages in the business of organized music retailing stores; selling of music accessories; business process outsourcing; and property development activities. The company was formerly known as The Calcutta Electric Supply Corporation (India) Limited and changed its name to CESC Limited in January 1987. CESC Limited was founded in 1897 and is headquartered in Kolkata, India.
Details
| Name: | CESC Limited |
| CESC | |
| Exchange: | NSEI |
| Founded: | 1897 |
| ₹95,779,091,419 | |
| 132,557,043 | |
| Website: | http://www.cesc.co.in |
| Address: |
CESC Limited CESC House, Chowringhee Square, Kolkata, West Bengal, 700001, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NSEI | CESC | Equity Shares | National Stock Exchange of India | IN | INR | 21. Mar 1994 | |
| BSE | 500084 | Equity Shares | Mumbai Stock Exchange | IN | INR | 21. Mar 1994 | |
| BDL | CESC | GDR-REPR 1 ORD INR10 REG S | Bourse de Luxembourg | LU | USD | 09. Aug 1994 | |
| BDL | CES05 | GDR-REPR 1 ORD INR10 REG'S' (TEMP) | Bourse de Luxembourg | LU | USD | 21. Apr 2006 |
Number of employees
Current staff
Industry
| Electric Utilities | |
| Utilities |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/21 12:46 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/03/11 |
| Last earnings filing: | 2018/11/29 |
| Last earnings reported: | 2018/03/31 |
| Last annual earnings reported: | 2018/03/31 |
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.
