Jaiprakash Power Ventures Analysis

dividend

Pros

Cons

• Unable to calculate sustainability of dividends as Jaiprakash Power Ventures has not reported any payouts.
• Unable to evaluate Jaiprakash Power Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Jaiprakash Power Ventures's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Whilst loss making Jaiprakash Power Ventures has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -58.4% per year.
• Whilst loss making Jaiprakash Power Ventures has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
• The level of debt compared to net worth has been reduced over the past 5 years (453.6% vs 258.4% today).

Cons

• Jaiprakash Power Ventures's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
• Debt is not well covered by operating cash flow (5.1%, less than 20% of total debt).
• Debt is not covered by short term assets, assets are 0.1x debt.
• Jaiprakash Power Ventures's long term commitments exceed its cash and other short term assets.
• Jaiprakash Power Ventures is making a loss, therefore interest payments are not well covered by earnings.
• Jaiprakash Power Ventures's level of debt (258.4%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• The average tenure for the Jaiprakash Power Ventures board of directors is over 10 years, this suggests they are a seasoned and experienced board.

Cons

• Suren's remuneration is higher than average for companies of similar size in India.
• Suren's compensation has increased whilst company is loss making.

misc

Pros

Cons

• Jaiprakash Power Ventures is not covered by any analysts.
• Jaiprakash Power Ventures has significant price volatility in the past 3 months.

past

Pros

Cons

• Unable to compare Jaiprakash Power Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.
• Jaiprakash Power Ventures does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
• It is difficult to establish if Jaiprakash Power Ventures has efficiently used its assets last year compared to the IN Renewable Energy industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if Jaiprakash Power Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• It is difficult to establish if Jaiprakash Power Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare Jaiprakash Power Ventures's 1-year growth to the IN Renewable Energy industry average as it is not currently profitable.

value

Pros

• Jaiprakash Power Ventures's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Jaiprakash Power Ventures's share price is below the future cash flow value, and at a substantial discount (> 40%).
• Jaiprakash Power Ventures is good value based on assets compared to the IN Renewable Energy industry average.
• NSEI:JPPOWER is up 45% outperforming the Renewable Energy industry which returned 13% over the past month.
• NSEI:JPPOWER is up 45% outperforming the market in India which returned 8% over the past month.

Cons

• Jaiprakash Power Ventures is loss making, we can't compare its value to the IN Renewable Energy industry average.
• Jaiprakash Power Ventures is loss making, we can't compare the value of its earnings to the India market.
• JPPOWER underperformed the Renewable Energy industry which returned -4.4% over the past year.
• JPPOWER underperformed the Market in India which returned -14.5% over the past year.