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Weizmann Forex

NSEI:WEIZFOREX
Snowflake Description

Adequate balance sheet with weak fundamentals.

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

Weizmann Forex Limited provides money changing and transfer services in India. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
  • Weizmann Forex has significant price volatility in the past 3 months.
WEIZFOREX Share Price and Events
7 Day Returns
-2.9%
NSEI:WEIZFOREX
-2.1%
IN Consumer Finance
-1.8%
IN Market
1 Year Returns
-48%
NSEI:WEIZFOREX
40.1%
IN Consumer Finance
6.3%
IN Market
WEIZFOREX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Weizmann Forex (WEIZFOREX) -2.9% -9.4% -11.4% -48% 42.4% -0.5%
IN Consumer Finance -2.1% -3.5% 15.7% 40.1% 128.5% 225.9%
IN Market -1.8% -0.4% 8.8% 6.3% 24.6% 26.5%
1 Year Return vs Industry and Market
  • WEIZFOREX underperformed the Consumer Finance industry which returned 40.1% over the past year.
  • WEIZFOREX underperformed the Market in India which returned 6.3% over the past year.
Price Volatility
WEIZFOREX
Industry
5yr Volatility vs Market

WEIZFOREX Value

 Is Weizmann Forex 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 Weizmann Forex 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 Weizmann Forex.

NSEI:WEIZFOREX 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
= ₹104.09 * 9.6%
₹10.04
Book Value of Equity per Share Median Book Value from the past 5 years. ₹104.09
Discount Rate (Cost of Equity) See below 13%
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:WEIZFOREX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.686 (1 + (1- 35%) (12.62%))
0.827
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (0.827 * 7.85%)
12.98%

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

The calculations below outline how an intrinsic value for Weizmann Forex 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:WEIZFOREX Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.6% – 12.98%) * ₹104.09)
₹-3.47
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹-3.47 / (12.98% - 6.48%)
₹-53.42
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹104.09 + ₹-53.42
₹50.67
NSEI:WEIZFOREX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:WEIZFOREX represents 0.99862x of BSE:533452
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99862x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 50.67 x 0.99862
₹50.60
Value per share (INR) From above. ₹50.60
Current discount Discount to share price of ₹253.40
= -1 x (₹253.40 - ₹50.60) / ₹50.60
-400.7%

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

  • The current share price of Weizmann Forex 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 Weizmann Forex's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Weizmann Forex's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:WEIZFOREX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹-10.37
BSE:533452 Share Price ** BSE (2019-12-05) in INR ₹253.75
India Consumer Finance Industry PE Ratio Median Figure of 60 Publicly-Listed Consumer Finance Companies 14.14x
India Market PE Ratio Median Figure of 2,633 Publicly-Listed Companies 12.91x

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

** Primary Listing of Weizmann Forex.

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

= BSE:533452 Share Price ÷ EPS (both in INR)

= 253.75 ÷ -10.37

-24.48x

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

  • Weizmann Forex is loss making, we can't compare its value to the IN Consumer Finance industry average.
  • Weizmann Forex is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Weizmann Forex's expected growth come at a high price?
Raw Data
NSEI:WEIZFOREX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Consumer Finance Industry PEG Ratio Median Figure of 16 Publicly-Listed Consumer Finance Companies 0.76x
India Market PEG Ratio Median Figure of 601 Publicly-Listed Companies 1.11x

*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 Weizmann Forex, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Weizmann Forex's assets?
Raw Data
NSEI:WEIZFOREX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹99.38
BSE:533452 Share Price * BSE (2019-12-05) in INR ₹253.75
India Consumer Finance Industry PB Ratio Median Figure of 79 Publicly-Listed Consumer Finance Companies 0.73x
India Market PB Ratio Median Figure of 3,565 Publicly-Listed Companies 0.86x
NSEI:WEIZFOREX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:533452 Share Price ÷ Book Value per Share (both in INR)

= 253.75 ÷ 99.38

2.55x

* Primary Listing of Weizmann Forex.

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

  • Weizmann Forex is overvalued based on assets compared to the IN Consumer Finance industry average.
X
Value checks
We assess Weizmann Forex'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 Consumer Finance 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 Consumer Finance industry average (and greater than 0)? (1 check)
  5. Weizmann Forex 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.

WEIZFOREX Future Performance

 How is Weizmann Forex 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 Weizmann Forex 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
21.3%
Expected Consumer Finance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Weizmann Forex expected to grow at an attractive rate?
  • Unable to compare Weizmann Forex's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Weizmann Forex's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Weizmann Forex's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:WEIZFOREX Future Growth Rates Data Sources
Data Point Source Value (per year)
India Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 21.3%
India Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 22.6%
India Market Earnings Growth Rate Market Cap Weighted Average 19.8%
India Market Revenue Growth Rate Market Cap Weighted Average 11.5%

*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:WEIZFOREX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:WEIZFOREX Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:WEIZFOREX Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 78,675 -116
2019-03-31 91,894 -54 54
2018-03-31 76,998 636 329
2017-03-31 59,949 238 208

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Weizmann Forex is high growth as no earnings estimate data is available.
  • Unable to determine if Weizmann Forex 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:WEIZFOREX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Weizmann Forex Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:WEIZFOREX Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:WEIZFOREX Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 -10.37
2019-03-31 4.71
2018-03-31 28.44
2017-03-31 18.00

*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 Weizmann Forex will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Weizmann Forex's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Weizmann Forex'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 Diversified Financials companies here
  3. Weizmann Forex's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Weizmann Forex'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.
Weizmann Forex 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.

WEIZFOREX Past Performance

  How has Weizmann Forex 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 Weizmann Forex's growth in the last year to its industry (Consumer Finance).
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.
  • Weizmann Forex does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Weizmann Forex's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Weizmann Forex's 1-year growth to the IN Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
Weizmann Forex'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 Weizmann Forex Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:WEIZFOREX Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 78,675.37 -115.77 863.65
2019-03-31 91,893.82 53.57 973.77
2018-03-31 76,997.71 328.88 716.33
2017-03-31 59,948.69 208.12 649.93
2016-03-31 47,918.60 147.79 625.78
2015-12-31 46,795.36 207.39 1,203.88
2015-09-30 45,263.56 189.33 1,212.31
2015-06-30 44,782.39 185.87 341.20
2015-03-31 44,768.20 186.26 1,222.32
2014-12-31 45,175.77 188.20 1,151.10
2014-09-30 46,219.41 193.02 1,136.21
2014-06-30 46,522.99 196.87 1,127.76
2014-03-31 46,951.95 182.83 1,110.63
2013-12-31 47,058.76 180.06 1,041.51
2013-09-30 46,939.61 185.37 1,034.23
2013-06-30 45,296.04 178.86 1,026.35
2013-03-31 44,759.02 204.58 1,020.40
2012-12-31 44,711.31 247.67 923.11

*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.
  • It is difficult to establish if Weizmann Forex has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Weizmann Forex has efficiently used its assets last year compared to the IN Consumer Finance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Weizmann Forex improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Weizmann Forex'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 Consumer Finance 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.
Weizmann Forex has a total score of 0/6, 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.

WEIZFOREX Health

 How is Weizmann Forex's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Weizmann Forex's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Weizmann Forex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Weizmann Forex's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Weizmann Forex'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.4x debt.
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 Weizmann Forex Company Filings, last reported 2 months ago.

NSEI:WEIZFOREX Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,105.37 355.64 413.99
2019-03-31 1,046.91 559.51 842.81
2018-03-31 1,789.79 1,189.02 1,608.74
2017-03-31 1,258.22 631.14 297.55
2016-03-31 898.92 775.78 475.21
2015-12-31 1,013.43 884.34 282.97
2015-09-30 1,013.43 884.34 282.97
2015-06-30 890.92 805.89 713.23
2015-03-31 890.92 854.58 713.23
2014-12-31 928.50 630.86 352.59
2014-09-30 928.50 630.86 352.59
2014-06-30 815.55 1,441.67 689.17
2014-03-31 815.55 1,441.67 689.17
2013-12-31 843.45 1,406.71 466.13
2013-09-30 843.45 1,406.71 466.13
2013-06-30 734.86 918.77 406.11
2013-03-31 734.86 918.77 406.11
2012-12-31
  • Weizmann Forex's level of debt (32.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (67.9% vs 32.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Weizmann Forex's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Weizmann Forex'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. Weizmann Forex has a total score of 4/6, 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.

WEIZFOREX Dividends

 What is Weizmann Forex'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%
Current annual income from Weizmann Forex dividends.
If you bought ₹2,000 of Weizmann Forex shares you are expected to receive ₹0 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?
  • Unable to evaluate Weizmann Forex's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Weizmann Forex's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:WEIZFOREX 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 Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 26 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1391 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.5%

Industry and Market average data is calculated daily.

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

NSEI:WEIZFOREX Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:WEIZFOREX Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-11-14 0.000 0.000
2019-08-14 0.000 0.000
2019-05-31 0.000 0.000
2018-05-29 1.000 0.192
2017-08-29 3.000 0.293
2017-05-24 3.000 0.443
2016-09-08 7.500 3.383
2015-08-17 7.500 3.869
2015-05-28 7.500 2.781
2014-09-17 7.500 3.090
2013-07-15 2.500 2.939
2012-08-13 2.000 2.460
2011-08-10 2.000 3.170

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

  • Unable to perform a dividend volatility check as Weizmann Forex has not reported any payouts.
  • Unable to verify if Weizmann Forex's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Weizmann Forex's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Weizmann Forex has not reported any payouts.
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 Weizmann Forex's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - 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 Weizmann Forex afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Weizmann Forex has a total score of 0/6, see the detailed checks below.


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

WEIZFOREX Management

 What is the CEO of Weizmann Forex'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
Guruprasad Chandrashekaran
AGE 45
TENURE AS CEO 0.7 years
CEO Bio

Mr. Guruprasad Tiruvanamalai Chandrashekaran has been a Whole-Time Director at Weizmann Forex Limited since April 16, 2019. Mr. Guruprasad holds a masters’ degree in business administration (e-commerce and e-management marketing) and another master’s degree in business administration (data warehousing and data mining marketing management) from National Institute of Business Management. He joined Centrum Direct Limited (now known as EbixCash World Money Limited) on June 15, 1999 and has been associated with the forex business for a period of approximately 20 years.

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

Average tenure and age of the Weizmann Forex management team in years:

5.5
Average Tenure
46
Average Age
  • The average tenure for the Weizmann Forex management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Sushama Kadam

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹914K
TENURE
1.3 yrs

Guruprasad Chandrashekaran

TITLE
Whole-Time Director
AGE
45
TENURE
0.7 yrs

Sankalp Waingankar

TITLE
Chief Technology Officer
TENURE
5 yrs

Vispi Patel

TITLE
Executive VP & Business Head of Forex

Prakash Mewara

TITLE
Chief Internal Auditor
AGE
46
TENURE
6.8 yrs

Balady Shetty

TITLE
Head of Treasury
COMPENSATION
₹9M
AGE
67
TENURE
13.8 yrs

K. Bhaktha

TITLE
Executive Director
TENURE
5.9 yrs

Shantharam Shetty

TITLE
Executive Director
Board of Directors Tenure

Average tenure and age of the Weizmann Forex board of directors in years:

0.6
Average Tenure
50.5
Average Age
  • The average tenure for the Weizmann Forex board of directors is less than 3 years, this suggests a new board.
Board of Directors

Satya Kotru

TITLE
Chairman
AGE
50

Guruprasad Chandrashekaran

TITLE
Whole-Time Director
AGE
45
TENURE
0.7 yrs

Vikas Verma

TITLE
Non-Executive Non-Independent Director
AGE
40
TENURE
0.7 yrs

Jyoti Kachroo

TITLE
Non-Executive Independent Director
AGE
57
TENURE
0.6 yrs

Deepak Bhan

TITLE
Non-Executive Independent Director
AGE
54
TENURE
0.6 yrs

Sanjay Malhotra

TITLE
Non-Executive Independent Director
AGE
51
TENURE
0.6 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 Weizmann Forex'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. Weizmann Forex 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.

WEIZFOREX News

Simply Wall St News

What Kind Of Share Price Volatility Should You Expect For Weizmann Forex Limited (NSE:WEIZFOREX)?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Should You Investigate Weizmann Forex Limited (NSE:WEIZFOREX) At ₹504?

Weizmann Forex Limited (NSE:WEIZFOREX), which is in the consumer finance business, and is based in India,. … A question to answer is whether Weizmann Forex's current trading price of ₹503.75 reflective of the actual value of the? … Let’s take a look at Weizmann Forex’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Should You Invest In The Financial Stock Weizmann Forex Limited (NSE:WEIZFOREX)?

operates in the financial services industry, … Many aspects of consumer finance are being attacked by new competitors, whose key advantage is a leaner and technology-enabled operating model, allowing them to scale at a faster rate and meet changing consumer needs … Financial services analysts are forecasting for the entire industry,

Simply Wall St -

Has Weizmann Forex Limited's (NSE:WEIZFOREX) Earnings Momentum Changed Recently?

For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time. … Investors may find my commentary, albeit very high-level and brief, on Weizmann Forex Limited (NSE:WEIZFOREX) useful as an attempt to give more color around how Weizmann Forex is currently performing. … Check out our latest analysis for Weizmann Forex.

Simply Wall St -

Who Are The Largest Shareholders In Weizmann Forex Limited (NSE:WEIZFOREX)?

Today, I will be analyzing Weizmann Forex Limited’s (NSE:WEIZFOREX) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure of a company has been found to affect share performance over time. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

Simply Wall St -

Is Weizmann Forex Limited (NSE:WEIZFOREX) Undervalued?

Weizmann Forex Limited (NSE:WEIZFOREX), a consumer finance company based in India,. … A question to answer is whether Weizmann Forex's current trading price of ₹504.35 reflective of the actual value of the? … Let’s take a look at Weizmann Forex’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Why Weizmann Forex Limited (NSE:WEIZFOREX) Should Be Your Next Investment

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … In the case of Weizmann Forex Limited (NSE:WEIZFOREX), it

Simply Wall St -

What Does Weizmann Forex Limited's (NSE:WEIZFOREX) Share Price Indicate?

Weizmann Forex Limited (NSEI:WEIZFOREX), a consumer finance company based in India, saw a double-digit share price rise of over 10% in the past couple of months on the NSEI. … Since Weizmann Forex’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. … WEIZFOREX’s optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value.

Simply Wall St -

Should You Be Concerned About Weizmann Forex Limited's (NSE:WEIZFOREX) Shareholders?

NSEI:WEIZFOREX Insider_trading Mar 8th 18 General Public Ownership The general public holds a substantial 11.43% stake in WEIZFOREX, making it a highly popular stock among retail investors. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: With a low level of institutional ownership, investors in WEIZFOREX need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Is Weizmann Forex Limited (NSE:WEIZFOREX) A Good Financials Bet?

In this article, I’ll take you through the sector growth expectations, as well as evaluate whether Weizmann Forex is lagging or leading its competitors in the industry. … On the stock-level, Weizmann Forex is trading at a higher PE ratio of 52.98x, making it more expensive than the average consumer finance stock. … If Weizmann Forex has been on your watchlist for a while, now may not be the best time to enter into the stock since it is trading at a higher valuation compared to other consumer finance companies.

Simply Wall St -

WEIZFOREX Company Info

Description

Weizmann Forex Limited provides money changing and transfer services in India. The company operates through Foreign Exchange and Other segments. It purchases and sells foreign currencies, notes, and paid documents; and provides travelers cheques, foreign currency cash, Weizmann Forex co-branded prepaid forex cards, Weizmann Forex multi-currency travel cards, foreign currency demand drafts, telegraphic transfer, cash to master, and remittance services. The company is also involved in the import and export of foreign currency. In addition, it provides mobile and DTH recharge services; travel care insurance for individuals, families, students, and groups; and tours and travel services, including international and domestic air tickets, and customized holiday package services. The company was formerly known as Chanakya Holdings Limited and changed its name to Weizmann Forex Limited in December 2010. The company was incorporated in 1985 and is based in Mumbai, India. Weizmann Forex Limited is a subsidiary of EbixCash World Money Limited.

Details
Name: Weizmann Forex Limited
WEIZFOREX
Exchange: NSEI
Founded: 1985
₹2,818,694,537
11,127,890
Website: http://www.weizmannforex.com
Address: Weizmann Forex Limited
192, Kitab Mahal,
2nd floor,
Mumbai,
Maharashtra, 400001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 533452 Equity Shares Mumbai Stock Exchange IN INR 28. Jun 2011
NSEI WEIZFOREX Equity Shares National Stock Exchange of India IN INR 28. Jun 2011
Number of employees
Current staff
Staff numbers
0
Weizmann Forex employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/06 12:53
End of day share price update: 2019/12/05 00:00
Last estimates confirmation: 2018/05/29
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
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.