Religare Enterprises Analysis

dividend

Pros

Cons

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

health

Pros

• Religare Enterprises is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Whilst loss making Religare Enterprises has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -24.9% per year.
• Whilst loss making Religare Enterprises has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
• Debt is well covered by operating cash flow (49.1%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 1x debt.
• Low level of unsold assets.

Cons

• Religare Enterprises's long term commitments exceed its cash and other short term assets.
• The level of debt compared to net worth has increased over the past 5 years (407.8% vs 818.9% today).
• Religare Enterprises's level of debt (818.9%) compared to net worth is high (greater than 40%).

management

Pros

• The tenure for the Religare Enterprises management team is about average.

Cons

• The average tenure for the Religare Enterprises board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• Religare Enterprises is not covered by any analysts.
• Religare Enterprises has significant price volatility in the past 3 months.

past

Pros

Cons

• Unable to compare Religare Enterprises's 1-year earnings growth to the 5-year average as it is not currently profitable.
• Religare Enterprises 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 Religare Enterprises has efficiently used its assets last year compared to the IN Capital Markets industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if Religare Enterprises 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 Religare Enterprises has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare Religare Enterprises's 1-year growth to the IN Capital Markets industry average as it is not currently profitable.

value

Pros

• RELIGARE outperformed the Capital Markets industry which returned -21% over the past year.
• RELIGARE outperformed the Market in India which returned -14.5% over the past year.
• NSEI:RELIGARE is up 39.3% outperforming the Capital Markets industry which returned 8.7% over the past month.
• NSEI:RELIGARE is up 39.3% outperforming the market in India which returned 8% over the past month.

Cons

• Religare Enterprises is overvalued based on assets compared to the IN Capital Markets industry average.
• Religare Enterprises is loss making, we can't compare its value to the IN Capital Markets industry average.
• Religare Enterprises is loss making, we can't compare the value of its earnings to the India market.