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Can Fin Homes

NSEI:CANFINHOME
Snowflake Description

Second-rate dividend payer with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CANFINHOME
NSEI
₹35B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Can Fin Homes Limited provides housing finance services primarily to individuals and builders/developers in India. The last earnings update was 77 days ago. More info.


Add to Portfolio Compare Print
  • Can Fin Homes has significant price volatility in the past 3 months.
CANFINHOME Share Price and Events
7 Day Returns
-8.1%
NSEI:CANFINHOME
-11.4%
IN Mortgage
-3.6%
IN Market
1 Year Returns
-27.3%
NSEI:CANFINHOME
-35.3%
IN Mortgage
-32.1%
IN Market
CANFINHOME Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Can Fin Homes (CANFINHOME) -8.1% -43.3% -32.2% -27.3% -43.7% 78%
IN Mortgage -11.4% -28.2% -36.9% -35.3% -20% 6.2%
IN Market -3.6% -25.1% -30.2% -32.1% -24.1% -15.2%
1 Year Return vs Industry and Market
  • CANFINHOME outperformed the Mortgage industry which returned -35.3% over the past year.
  • CANFINHOME outperformed the Market in India which returned -32.1% over the past year.
Price Volatility
CANFINHOME
Industry
5yr Volatility vs Market

Value

 Is Can Fin Homes undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Can Fin Homes to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Can Fin Homes.

NSEI:CANFINHOME Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= ₹111.20 * 20.3%
₹22.55
Book Value of Equity per Share Median Book Value from the past 5 years. ₹111.20
Discount Rate (Cost of Equity) See below 13.9%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:CANFINHOME
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.61
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.605 (1 + (1- 35%) (485.97%))
0.945
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (0.945 * 7.85%)
13.9%

Discounted Cash Flow Calculation for NSEI:CANFINHOME using Excess Returns Model Model

The calculations below outline how an intrinsic value for Can Fin Homes is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NSEI:CANFINHOME Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (20.3% – 13.9%) * ₹111.20)
₹7.09
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹7.09 / (13.9% - 6.48%)
₹95.59
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹111.20 + ₹95.59
₹206.79
NSEI:CANFINHOME Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:CANFINHOME represents 1.00381x of BSE:511196
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00381x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 206.79 x 1.00381
₹207.58
Value per share (INR) From above. ₹207.58
Current discount Discount to share price of ₹263.20
= -1 x (₹263.20 - ₹207.58) / ₹207.58
-26.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Can Fin Homes is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Can Fin Homes's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Can Fin Homes's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:CANFINHOME PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in INR ₹26.38
BSE:511196 Share Price ** BSE (2020-04-03) in INR ₹262.2
India Mortgage Industry PE Ratio Median Figure of 12 Publicly-Listed Mortgage Companies 7.63x
India Market PE Ratio Median Figure of 2,614 Publicly-Listed Companies 9.41x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Can Fin Homes.

NSEI:CANFINHOME PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:511196 Share Price ÷ EPS (both in INR)

= 262.2 ÷ 26.38

9.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Can Fin Homes is overvalued based on earnings compared to the IN Mortgage industry average.
  • Can Fin Homes is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Can Fin Homes's expected growth come at a high price?
Raw Data
NSEI:CANFINHOME PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Mortgage Industry PEG Ratio Median Figure of 5 Publicly-Listed Mortgage Companies 0.23x
India Market PEG Ratio Median Figure of 400 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Can Fin Homes, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Can Fin Homes's assets?
Raw Data
NSEI:CANFINHOME PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in INR ₹145.46
BSE:511196 Share Price * BSE (2020-04-03) in INR ₹262.2
India Mortgage Industry PB Ratio Median Figure of 15 Publicly-Listed Mortgage Companies 0.64x
India Market PB Ratio Median Figure of 3,613 Publicly-Listed Companies 0.63x
NSEI:CANFINHOME PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:511196 Share Price ÷ Book Value per Share (both in INR)

= 262.2 ÷ 145.46

1.8x

* Primary Listing of Can Fin Homes.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Can Fin Homes is overvalued based on assets compared to the IN Mortgage industry average.
X
Value checks
We assess Can Fin Homes's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Can Fin Homes has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Can Fin Homes expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Can Fin Homes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2%
Expected Mortgage industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Can Fin Homes expected to grow at an attractive rate?
  • Unable to compare Can Fin Homes's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Can Fin Homes's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Can Fin Homes's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:CANFINHOME Future Growth Rates Data Sources
Data Point Source Value (per year)
India Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 2%
India Mortgage Industry Revenue Growth Rate Market Cap Weighted Average -45%
India Market Earnings Growth Rate Market Cap Weighted Average 19.2%
India Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:CANFINHOME Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:CANFINHOME Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-04-06
NSEI:CANFINHOME Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-12-31 6,248 3,514
2019-09-30 5,943 -22,428 3,206
2019-06-30 5,748 3,045
2019-03-31 5,600 -23,349 2,967
2018-12-31 5,827 3,280
2018-09-30 5,628 3,139
2018-06-30 5,562 3,095
2018-03-31 5,229 -20,182 2,862
2017-12-31 5,435 2,972
2017-09-30 5,184 2,767
2017-06-30 4,889 2,567
2017-03-31 4,557 -23,559 2,353

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Can Fin Homes is high growth as no earnings estimate data is available.
  • Unable to determine if Can Fin Homes is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:CANFINHOME Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Can Fin Homes Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CANFINHOME Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-04-06
NSEI:CANFINHOME Past Financials Data
Date (Data in INR Millions) EPS *
2019-12-31 26.38
2019-09-30 24.08
2019-06-30 22.87
2019-03-31 22.29
2018-12-31 24.56
2018-09-30 23.63
2018-06-30 23.24
2018-03-31 21.49
2017-12-31 22.33
2017-09-30 20.79
2017-06-30 19.29
2017-03-31 17.68

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Can Fin Homes will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Can Fin Homes's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  2. Can Fin Homes's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Can Fin Homes's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Can Fin Homes has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Can Fin Homes performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Can Fin Homes's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Can Fin Homes has delivered over 20% year on year earnings growth in the past 5 years.
  • Can Fin Homes's 1-year earnings growth is less than its 5-year average (7.1% vs 24.1%)
  • Can Fin Homes's earnings growth has not exceeded the IN Mortgage industry average in the past year (7.1% vs 16.1%).
Earnings and Revenue History
Can Fin Homes's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Can Fin Homes Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CANFINHOME Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 6,247.70 3,513.51 676.58
2019-09-30 5,942.77 3,205.65 622.93
2019-06-30 5,747.74 3,044.94 560.60
2019-03-31 5,600.19 2,967.37 540.16
2018-12-31 5,827.42 3,280.17 480.77
2018-09-30 5,628.46 3,138.55 507.75
2018-06-30 5,562.00 3,094.53 549.44
2018-03-31 5,228.60 2,861.92 560.35
2017-12-31 5,435.30 2,971.76 509.41
2017-09-30 5,184.33 2,766.80 505.28
2017-06-30 4,889.09 2,567.48 502.97
2017-03-31 4,556.90 2,352.59 496.33
2016-12-31 4,212.22 2,118.40 483.56
2016-09-30 3,935.13 1,944.16 463.35
2016-06-30 3,605.47 1,747.34 456.67
2016-03-31 3,284.16 1,571.05 434.05
2015-12-31 2,860.15 1,325.44 506.56
2015-09-30 2,498.52 1,163.15 484.56
2015-06-30 2,190.35 993.86 458.20
2015-03-31 1,937.52 862.43 333.55
2014-12-31 1,804.09 834.68 390.00
2014-09-30 1,655.19 778.67 374.46
2014-06-30 1,543.72 781.62 352.81
2014-03-31 1,491.59 757.12 339.63
2013-12-31 1,459.31 711.43 313.40
2013-09-30 1,363.31 634.38 307.58
2013-06-30 1,220.99 591.36 295.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Can Fin Homes has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Can Fin Homes used its assets less efficiently than the IN Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Can Fin Homes improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Can Fin Homes's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Can Fin Homes has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Can Fin Homes's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Can Fin Homes's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Can Fin Homes Company Filings, last reported 3 months ago.

NSEI:CANFINHOME Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 19,371.90 169,667.56 507.89
2019-09-30 19,371.90 169,667.56 507.89
2019-06-30 17,821.86 164,333.42 4,015.35
2019-03-31 17,821.86 164,333.42 4,015.35
2018-12-31 14,654.41 128,876.15 381.75
2018-09-30 14,654.41 128,876.15 381.75
2018-06-30 13,464.97 139,247.47 98.15
2018-03-31 14,869.87 136,927.21 7.34
2017-12-31 11,909.45 130,615.12 199.43
2017-09-30 11,909.45 130,615.12 199.43
2017-06-30 10,767.75 118,719.50 199.53
2017-03-31 10,767.75 118,719.50 124.71
2016-12-31 9,648.05 109,370.52 179.66
2016-09-30 9,648.05 109,370.52 179.66
2016-06-30 8,785.16 94,776.72 173.52
2016-03-31 8,785.16 94,439.62 173.52
2015-12-31 8,294.41 80,156.19 129.10
2015-09-30 8,294.41 80,156.19 129.10
2015-06-30 7,719.64 73,745.13 80.02
2015-03-31 7,719.64 73,745.13 80.02
2014-12-31 4,896.23 65,276.90 74.06
2014-09-30 4,896.23 57,654.62 74.06
2014-06-30 4,523.05 52,685.21 91.54
2014-03-31 4,523.05 52,685.21 91.54
2013-12-31 4,274.23 44,322.45 143.27
2013-09-30 4,274.23 44,322.45 143.27
2013-06-30 3,921.71 35,388.87 85.45
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if Can Fin Homes has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if Can Fin Homes's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • Can Fin Homes reports no customer deposits, loans are made up entirely of borrowed funds.
  • Can Fin Homes's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Can Fin Homes has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Can Fin Homes has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Can Fin Homes's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Can Fin Homes has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Can Fin Homes's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.76%
Current annual income from Can Fin Homes dividends.
If you bought ₹2,000 of Can Fin Homes shares you are expected to receive ₹15 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Can Fin Homes's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.96%).
  • Can Fin Homes's dividend is below the markets top 25% of dividend payers in India (4.06%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:CANFINHOME Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1419 Stocks 2%
India Minimum Threshold Dividend Yield 10th Percentile 0.4%
India Bottom 25% Dividend Yield 25th Percentile 1%
India Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:CANFINHOME Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2020-04-06
NSEI:CANFINHOME Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-07-17 2.000 0.501
2018-06-28 2.000 0.671
2018-04-30 2.000 0.539
2017-04-25 2.000 0.385
2016-04-28 2.000 0.642
2015-07-09 1.400 0.748
2014-07-31 1.300 1.192
2013-06-07 0.800 2.319
2013-04-25 0.800 2.657
2012-07-17 0.500 1.904
2012-04-18 0.500 2.334
2011-08-25 0.500 2.482
2010-04-22 0.400 1.728
2010-04-21 0.400 2.245
2009-06-01 0.400 2.410
2009-04-22 0.400 3.200

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Can Fin Homes's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (13.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Can Fin Homes's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Can Fin Homes afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Can Fin Homes has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Can Fin Homes's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Girish Kousgi
CEO Bio

Mr. Girish Kousgi serves as a Managing Director, Chief Executive Officer and Director at Can Fin Homes Ltd. He has Extensive Experience assets and liabilities and has gained expertise in mortage, retail lending, SME and Agri Business. During his Career he has worked in HDFC Ltd , ICICI Bank and Tata Capital. He has dealt with a variety of loan products like home Loans, Business Loans, LAP , Personal Loans mortgages , Deposits , retail and rural Products , etc and gained wide Experience in handling sales, Product , Credit Underwriting , Risk and Operations. Mr. Girish Kousgi is a graduate in Commerce and also done his MBA.

CEO Compensation
  • Insufficient data for Girish to compare compensation growth.
  • Insufficient data for Girish to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team

Veena Kamath

TITLE
Assistant GM
COMPENSATION
₹1M

Shamila Mangalore

TITLE
General Manager
COMPENSATION
₹2M

Shreekant Bhandiwad

TITLE
Deputy MD & Whole-Time Director
COMPENSATION
₹2M
AGE
49
TENURE
2 yrs

Girish Kousgi

TITLE
MD, CEO & Director

Prashanth Joishy

TITLE
Assistant GM
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Can Fin Homes board of directors in years:

1.7
Average Tenure
57
Average Age
  • The average tenure for the Can Fin Homes board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bharati Rao

TITLE
Non Executive Independent Chairperson
COMPENSATION
₹495K
AGE
71
TENURE
1.8 yrs

Shreekant Bhandiwad

TITLE
Deputy MD & Whole-Time Director
COMPENSATION
₹2M
AGE
49
TENURE
2 yrs

Girish Kousgi

TITLE
MD, CEO & Director

Ganesan Naganathan

TITLE
Independent Non-Executive Director
COMPENSATION
₹535K
AGE
56
TENURE
3.6 yrs

Yeluri Vijayanand

TITLE
Additional Non-Executive Independent Director
COMPENSATION
₹350K
AGE
71
TENURE
1.7 yrs

Debashish Mukherjee

TITLE
Additional Director
COMPENSATION
₹30K
AGE
53
TENURE
1.1 yrs

Shankara Subramanian

TITLE
Additional Director
COMPENSATION
₹155K
AGE
58
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Can Fin Homes's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Can Fin Homes has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Does Can Fin Homes Limited's (NSE:CANFINHOME) P/E Ratio Tell You?

Check out our latest analysis for Can Fin Homes How Do I Calculate Can Fin Homes's Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Can Fin Homes: P/E of 18.04 = ₹412.45 ÷ ₹22.87 (Based on the year to June 2019.) Is A High P/E Ratio Good? … All else being equal, it's better to pay a low price -- but as Warren Buffett said, 'It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.' Does Can Fin Homes Have A Relatively High Or Low P/E For Its Industry?

Simply Wall St -

What Kind Of Shareholder Owns Most Can Fin Homes Limited (NSE:CANFINHOME) Stock?

Taking a look at our data on the ownership groups (below), it's seems that institutional investors have bought into the company. … Check out our latest analysis for Can Fin Homes NSEI:CANFINHOME Ownership Summary, August 8th 2019 What Does The Institutional Ownership Tell Us About Can Fin Homes? … We can see that Can Fin Homes does have institutional investors; and they hold 6.0% of the stock.

Simply Wall St -

If You Had Bought Can Fin Homes (NSE:CANFINHOME) Shares Five Years Ago You'd Have Made 314%

During five years of share price growth, Can Fin Homes achieved compound earnings per share (EPS) growth of 25% per year. … This EPS growth is slower than the share price growth of 33% per year, over the same period. … So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return.

Simply Wall St -

What Are Analysts Saying About Can Fin Homes Limited's (NSE:CANFINHOME) Earnings Trend?

Below is a brief commentary on my key takeaways on how market analysts predict Can Fin Homes's earnings growth outlook over the next couple of years and whether the future looks even brighter than the past. … Check out our latest analysis for Can Fin Homes Market analysts' prospects for the coming year seems positive, with earnings growing by a robust 22%. … NSEI:CANFINHOME Past and Future Earnings, June 25th 2019 While it’s useful to understand the growth rate each year relative to today’s level, it may be more valuable to determine the rate at which the company is moving every year, on average.

Simply Wall St -

Can Fin Homes Limited (NSE:CANFINHOME): Is It A Smart Long Term Opportunity?

Looking at Can Fin Homes Limited's (NSE:CANFINHOME) earnings update on 31 March 2019, analyst consensus outlook appear cautiously optimistic, with profits predicted to increase by 23% next year, though this is relatively lower than the past 5-year average earnings growth of 30%. … To get an idea of the overall earnings growth trend for CANFINHOME, I’ve plotted out each year’s earnings expectations and inserted a line of best fit to determine an annual rate of growth from the slope of this line. … NSEI:CANFINHOME Past and Future Earnings, May 14th 2019 By 2022, CANFINHOME's earnings should reach ₹5.1b, from current levels of ₹3.0b, resulting in an annual growth rate of 17%.

Simply Wall St -

Is Can Fin Homes Limited (NSE:CANFINHOME) Undervalued After Accounting For Its Future Growth?

Can Fin Homes Limited (NSE:CANFINHOME) closed yesterday at ₹352.5, which left some investors asking whether the high earnings potential can still be justified at this price. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … Can Fin Homes's extremely high growth potential in the near future is attracting investors

Simply Wall St -

Do Directors Own Can Fin Homes Limited (NSE:CANFINHOME) Shares?

Every investor in Can Fin Homes Limited (NSE:CANFINHOME) should be aware of the most powerful shareholder groups. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that used to be publicly owned tend to have lower insider ownership.

Simply Wall St -

Is There An Opportunity With Can Fin Homes Limited's (NSE:CANFINHOME) Mispricing?

Pricing CANFINHOME, a financial stock, can be difficult since these banks have cash flows that are affected by regulations that are not imposed upon other sectors. … For example, businesses that deal with loans are required to hold more capital to reduce the risk to shareholders.

Simply Wall St -

Does The Hype Around Can Fin Homes Limited's (NSE:CANFINHOME) Growth Justify Its July Share Price?

Looking at Can Fin Homes Limited’s (NSE:CANFINHOME) fundamentals some investors are wondering if its last closing price of ₹369.15 represents a good value for money for this high growth stock. … Can Fin Homes's extremely high growth potential in the near future is attracting investors … extremely bullish

Simply Wall St -

How Does Can Fin Homes Limited (NSE:CANFINHOME) Compare To The Financial Sector?

is a financial services company operating in an industry, … which is impacted by macroeconomic factors such as interest rate changes and inflation … Financial services analysts are forecasting for the entire industry,

Simply Wall St -

Company Info

Description

Can Fin Homes Limited provides housing finance services primarily to individuals and builders/developers in India. The company offers housing loans, such as individual housing loans, affordable housing loans, 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. As of March 31, 2019, it operated 154 branches, 21 affordable housing loan centers, and 14 satellite offices. Can Fin Homes Limited was founded in 1987 and is headquartered in Bengaluru, India.

Details
Name: Can Fin Homes Limited
CANFINHOME
Exchange: NSEI
Founded: 1987
₹34,913,011,575
133,154,125
Website: http://www.canfinhomes.com
Address: Can Fin Homes Limited
No. 29/1, Sir M N Krishna Rao Road,
1st Floor,
Bengaluru,
Karnataka, 560004,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 511196 Equity Shares Mumbai Stock Exchange IN INR 29. Dec 1994
NSEI CANFINHOME Equity Shares National Stock Exchange of India IN INR 29. Dec 1994
Number of employees
Current staff
Staff numbers
592
Can Fin Homes employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 13:21
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/01/22
Last earnings filing: 2020/01/20
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.