More about Vodafone Idea Limited
Fundamentals for Vodafone Idea Limited
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Fundamentals for Vodafone Idea Limited
Business Operations:
Sector: Communication ServicesIndustry: Telecom Services
Vodafone Idea Limited provides mobile telecommunication services in India. The company provides voice and data services on 4G VoLTE and Voice over WIFI calling services; broadband data services on 3G and/or 4G platforms; content and digital products and services; and other value-added services, including entertainment, utility, and voice and short messaging services. It offers long distance and ISP services; manpower services; business and enterprise services; and business connectivity services, such as IoT, cloud, managed services, etc. In addition, the company trades in mobile handsets, data cards, and related accessories and services; and rents passive infrastructure to telecommunication service providers. Further, it offers technology, software, hardware, VAS, application software, and contents and related products and services, which facilitate and develop access to information technology (IT) enabled VAS products and services on single or multiple platforms or operating systems; and data centre related services and IT solutions, including E-SIMs, as well as involved in the prepaid payment instrument; business correspondence; and mobile wallet and money transfer businesses. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
Revenue projections:
Vodafone Idea Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 0.457000 |
|---|---|
| forwardPE | -4.562634 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.023000 |
| grossMargins | 0.444640 |
| operatingMargins | -0.081250 |
| trailingEps | -3.080000 |
| forwardEps | -3.760000 |
IDEA's current ratio is 0.457, suggesting that its cash reserves and current assets may not be sufficient to cover short-term debts. This indicates potential liquidity challenges, meaning the company might face difficulty meeting its immediate financial obligations without securing additional funds.
IDEA's forward EPS is lower than its trailing EPS, indicating that the company is expected to be less profitable this year. This suggests a potential slowdown in financial performance.
Price projections:
The stock price of IDEA has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Recommendation changes over time:
With analysts leaning toward a sell bias for IDEA, investors should be cautious and make decisions based on a wider set of market indicators. This approach will help balance short-term concerns with longer-term market trends, providing a more holistic view of the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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