More about Vodafone Idea Limited
Fundamentals for Vodafone Idea Limited
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Fundamentals for Vodafone Idea Limited
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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:
Revenues for IDEA are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 0.551000 |
|---|---|
| forwardPE | -8.641605 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.032000 |
| grossMargins | 0.445600 |
| operatingMargins | -0.058210 |
| trailingEps | 3.210000 |
| forwardEps | -1.636270 |
IDEA's current ratio being 0.551 suggests its cash reserves and current assets may not be adequate to cover short-term debt. This raises concerns about liquidity, indicating that IDEA might face challenges in meeting its immediate financial commitments.
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:
IDEA's price projections have been gradually revised upward, reflecting increased confidence in the company's future performance. This trend suggests analysts expect IDEA to achieve greater success in the coming periods.
Recommendation changes over time:
Analysts have shown a sell bias toward Vodafone Idea Limited, signaling potential caution for investors. However, it's recommended to base investment decisions on a wider range of market indicators to get a fuller understanding of the stock's trajectory, avoiding overreliance on a single sentiment.
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