Can Fin Homes Limited provides housing finance services primarily to individuals, builders, corporates, and others in India. The company's products portfolio comprises housing loans, such as individual housing loans, affordable housing loans, credit link subsidy scheme and Pradhan Mantri Awas Yojana (PMAY), composite loans, and top-up loans; and non-housing loans, including mortgage loans, site loans, loans for commercial properties, loans against rent receivables, personal loans, loans for children education, and loans for pensioners, as well as fixed and cumulative deposits. Can Fin Homes Limited operates various branches, housing loan centers, and satellite offices. The company was incorporated in 1987 and is headquartered in Bengaluru, India.
Revenue projections:
Revenue projections for CANFINHOME Revenues for CANFINHOME are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
40.413000
forwardPE
10.296322
debtToEquity
693.723000
earningsGrowth
0.119000
revenueGrowth
-0.094000
grossMargins
0.976910
operatingMargins
0.800300
trailingEps
64.400000
forwardEps
32.660000
CANFINHOME's current ratio, being 40.413, means the company is well-positioned to meet its short-term debt obligations. This reflects CANFINHOME's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities. CANFINHOME's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns. Can Fin Homes Limited's high debt-to-equity ratio points to a heavily leveraged company, with more debt than equity in its capital structure. While this can boost growth, it increases financial vulnerability in times of economic difficulty. CANFINHOME's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins. With positive gross and operating margins, CANFINHOME demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability. Can Fin Homes Limited's forward EPS is less than its trailing EPS, signaling that the company's profitability is expected to shrink. This points to a potential downturn in earnings compared to last year.
Price projections:
Price projections for CANFINHOME The price of CANFINHOME has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Recommendation changes over time:
Recommendations trend for CANFINHOME
CANFINHOME has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see CANFINHOME as a wise place to allocate their funds, potentially leading to increased interest in the company's 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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