SecUR Credentials Limited, a background verification company, provides background screening, due diligence, and employment verification services in India.
The last earnings update was 310 days ago.
Discounted Cash Flow Calculation for NSEI:SECURCRED using Dividend Discount Model Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future dividends to their present value. This
approach is used for finance firms where free cash flow is difficult to estimate
(e.g. Banks/ Insurance firms).
If the firm does not pay the majority of its earnings out as a dividend this
method will often arrive at a value significantly lower than the share price.
The current share price of
is above its future cash flow value.
Often investors are willing to pay a
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
is considered below, and whether this is a fair price.
Price based on past earnings
SecUR Credentials's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 SecUR Credentials 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
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
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare SecUR Credentials's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare SecUR Credentials's earnings growth to the India market average as no estimate data is available.
Unable to compare SecUR Credentials's revenue growth to the India market average as no estimate data is available.
Unable to determine if SecUR Credentials is high growth as no earnings estimate data is available.
Unable to determine if SecUR Credentials 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.
SecUR Credentials's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
SecUR Credentials's finances.
The net worth of a company is the difference between its assets and liabilities.
SecUR Credentials is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
SecUR Credentials's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
SecUR Credentials'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.8x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Rahul Suresh Belwalkar has been Managing Director of SecUR Credentials Limited since August 4, 2017. Mr. Belwalkar is responsible for the strategic vision of making SecUR Credentials Limited a leading organisation providing due diligence practices in Background Screening and BFSI sector. He served as the Chief Executive Officer of CRP Technologies (India) Limited. Mr. Belwalkar joined CRP Technologies in June 2008. He has across a rich and varied work experience of over 11 years in the Banking, Financial Services and Insurance (BFSI) sector. He has held senior positions in the Indian insurance industry. He started his career with management consultancy firm Anderson Consulting (currently Accenture) and then spent considerable time as a banker with ABN Amro Bank (currently Royal Bank of Scotland). He served as Vice-President & Head of Customer Service & Operations at ICICI Prudential Life Insurance Company Limited and Head of Business Processes of Reliance Life Insurance. He has been Director of SecUR Credentials Limited since November 1, 2016. He served as an Executive Director of CRP Risk Management Ltd., (CRP Technologies (India) Limited) since May 2, 2011 until May 08, 2017 and again from August 1, 2016 February 15, 2017. He is a trained Six Sigma Master Black Belt. He has done his Post Graduate Diploma in Management from Indian Institute of Management, Lucknow. He holds a Bachelor`s degree in Commerce from Mumbai University.
Rahul's compensation has been consistent with company performance over the past year, both up more than 20%.
Rahul's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the SecUR Credentials management team is about average.
MD & Director
Chief Financial Officer
Chief Operating Officer
Associate Vice President of Human Resource & Administration
Company Secretary & Compliance Officer
Human Resource Business Vertical Head
Chief Risk Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the SecUR Credentials board of directors is less than 3 years, this suggests a new board.
Board of Directors
MD & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
How Does SecUR Credentials's (NSE:SECURCRED) P/E Compare To Its Industry, After The Share Price Drop?
Unfortunately for some shareholders, the SecUR Credentials (NSE:SECURCRED) share price has dived 36% in the last thirty days. … SecUR Credentials shrunk earnings per share by 13% over the last year. … The Bottom Line On SecUR Credentials's P/E Ratio SecUR Credentials has a P/E of 5.3.
What Can We Make Of SecUR Credentials Limited’s (NSE:SECURCRED) High Return On Capital?
The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for SecUR Credentials: 0.17 = ₹97m ÷ (₹888m - ₹316m) (Based on the trailing twelve months to March 2019.) Therefore, SecUR Credentials has an ROCE of 17%. … Do SecUR Credentials's Current Liabilities Skew Its ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.
Should You Be Impressed By SecUR Credentials Limited's (NSE:SECURCRED) ROE?
The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for SecUR Credentials: 13% = ₹56m ÷ ₹442m (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does SecUR Credentials Have A Good Return On Equity? … Combining SecUR Credentials's Debt And Its 13% Return On Equity SecUR Credentials has a debt to equity ratio of 0.61, which is far from excessive.
Is SecUR Credentials Limited (NSE:SECURCRED) A High Quality Stock To Own?
The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for SecUR Credentials: 13% = ₹56m ÷ ₹442m (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining SecUR Credentials's Debt And Its 13% Return On Equity Although SecUR Credentials does use debt, its debt to equity ratio of 0.61 is still low. … In my book the highest quality companies have high return on equity, despite low debt.
Read This Before You Buy SecUR Credentials Limited (NSE:SECURCRED) Because Of Its P/E Ratio
The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for SecUR Credentials: P/E of 8.23 = ₹95 ÷ ₹11.55 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … The Verdict On SecUR Credentials's P/E Ratio SecUR Credentials trades on a P/E ratio of 8.2, which is below the IN market average of 16.2. … If the reality for a company is not as bad as the P/E ratio indicates, then the share price should increase as the market realizes this.
Here's What SecUR Credentials Limited's (NSE:SECURCRED) ROCE Can Tell Us
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … The formula for calculating the return on capital employed is:
The SecUR Credentials (NSE:SECURCRED) Share Price Is Down 51% So Some Shareholders Are Wishing They Sold
SecUR Credentials Limited (NSE:SECURCRED) shareholders should be happy to see the share price up 10% in the last month. … While SecUR Credentials made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. … In the last twelve months, SecUR Credentials increased its revenue by 273%.
Here's How P/E Ratios Can Help Us Understand SecUR Credentials Limited (NSE:SECURCRED)
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at SecUR Credentials Limited's (NSE:SECURCRED) P/E ratio and reflect on what it tells us about the company's share price. … SecUR Credentials has a price to earnings ratio of 6.03, based on the last twelve months.
Is SecUR Credentials Limited's (NSE:SECURCRED) 13% ROE Strong Compared To Its Industry?
Our data shows SecUR Credentials has a return on equity of 13% for the last year. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.13 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Do Insiders Own Lots Of Shares In SecUR Credentials Limited (NSE:SECURCRED)?
The big shareholder groups in SecUR Credentials Limited (NSE:SECURCRED) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … SecUR Credentials is a smaller company with a market capitalization of ₹475m, so it may still be flying under the radar of many institutional investors.
SecUR Credentials Limited, a background verification company, provides background screening, due diligence, and employment verification services in India. The company offers SecUR Number, a candidate self-verification tool. It offers its services in the areas of education, employment, criminal, identity, database and media, residential, reference, credit check, drug tests, and psychometric test checks. The company was incorporated in 2001 and is based in Mumbai, India.
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