More about Star Health and Allied Insurance Company Limited
Fundamentals for Star Health and Allied Insurance Company Limited
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Fundamentals for Star Health and Allied Insurance Company Limited
Business Operations:
Sector: Financial ServicesIndustry: Insurance - Diversified
Star Health and Allied Insurance Company Limited provides health insurance products in India. It offers retail health insurance products for individuals, families, children, senior citizens, and persons with pre-existing medical conditions; group health insurance products for employer/employee and non-employer/employee groups, including small-to-medium enterprises; and personal accident and travel insurance products. The company also provides star women care insurance policy that provides surrogacy and oocyte donor covers; and star special care product that covers children diagnosed with autism and for outpatient specialized treatments. In addition, it offers star health assure insurance policy, star cancer care platinum insurance policy, star cardiac care insurance policy platinum, young star extra protect add-on cover, antyodaya shramik suraksha yojana, star group domestic travel insurance policy, smart health pro, star domestic travel insurance policy, as well as star group OPD care insurance product. The company offers its products through web aggregators, digital channels, agency channels, corporate agents, brokers, point of sale persons, insurance marketing firms, and other channels. Star Health and Allied Insurance Company was incorporated in 2005 and is based in Chennai, India.
Revenue projections:
With STARHEALTH's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 1.746000 |
|---|---|
| forwardPE | 25.513908 |
| debtToEquity | 6.183000 |
| earningsGrowth | -0.511000 |
| revenueGrowth | -0.412000 |
| grossMargins | 0.205070 |
| operatingMargins | 0.936180 |
| trailingEps | 8.970000 |
| forwardEps | 16.663460 |
STARHEALTH's current ratio being 1.746 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that STARHEALTH can meet its financial obligations with ease.
Star Health and Allied Insurance Company Limited's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
Star Health and Allied Insurance Company Limited's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
STARHEALTH's negative gross and operating margins point to financial difficulties, as the company is unable to generate profit from its core operations or production. This could signal broader problems in cost management or declining sales.
STARHEALTH's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting STARHEALTH to generate stronger earnings compared to the previous financial year.
Price projections:
The stock price of STARHEALTH has often been near the lower end of projections, indicating that it may not be meeting investor expectations. This trend could suggest challenges ahead for the company.
Insider Transactions:
6 Star Health and Allied Insurance Company Limited stock purchases took place, with market price of 474.1333312988281.Throughout the period under consideration, there were no buy transactions.STARHEALTH's current price levels have seen more sells, possibly signaling bearish sentiment. If this trend remains unchanged, the stock could experience further declines as more investors opt to sell rather than hold their positions.
Recommendation changes over time:
The recent buy bias for STARHEALTH from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see STARHEALTH as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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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