SBI Cards and Payment Services Limited, a non-banking financial company, issues credit cards to individual and corporate customers in India. The company also acts as corporate insurance agent for selling insurance policies to credit card customers. In addition, it offers corporate cards, central travel cards, utility cards, and purchase and virtual cards. The company was incorporated in 1998 and is based in Gurugram, India. SBI Cards and Payment Services Limited operates as a subsidiary of State Bank of India.
Revenue projections:
Revenue projections for SBICARD SBICARD is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
21.127000
forwardPE
25.076336
debtToEquity
332.839000
earningsGrowth
0.099000
revenueGrowth
0.201000
grossMargins
0.532830
operatingMargins
0.206230
trailingEps
20.180000
forwardEps
32.740000
SBICARD's current ratio of 21.127 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as SBICARD can rely on its cash reserves and current assets to cover its immediate liabilities without strain. SBICARD's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation. SBICARD's elevated debt-to-equity ratio suggests the company is highly leveraged, meaning it has significant debt compared to equity. This can be risky, particularly if SBICARD's cash flow or profits decrease, making it harder to meet debt obligations. SBICARD's positive gross and operating margins indicate that the company is performing profitably. These margins reflect efficient cost control and revenue generation, signaling a strong financial foundation for continued success. SBICARD's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
Price projections for SBICARD The stock price of SBI Cards and Payment Services Limited 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:
Recommendations trend for SBICARD
A sell bias from analysts for SBICARD indicates caution, but investors should rely on a broader range of market indicators before making any decisions. This broader perspective will help provide a clearer understanding of SBICARD's overall market position and potential future trends.
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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