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Can Fin Homes Ltd. Stock Analysis

Mid Cap
Evaluated by 2764 users | BSE: 511196 | NSE: CANFINHOME |
Finance - Housing
Can Fin Homes (CFHL), established in 1987, is promoted by Canara Bank in association with reputed financial institutions including HDFC and UTI. The vision of Canara Bank on the relevance of having an exclusive outfit for providing housing finance at a time when institutional finance was not...
1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Can Fin Homes Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Operating Income (Rs. Cr.)2312863925788161,0831,3531,5181,7272,030
Y-o-Y Gr. Rt.-23.7%37.2%47.2%41.3%32.7%24.9%12.2%13.8%17.6%
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
3.773.924.856.796.4811.817.6821.4922.2928.25
Y-o-Y Gr. Rt.-4%23.7%40%-4.6%82.1%49.8%21.6%3.7%26.7%
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
27.8931.1735.1740.5757.9665.9780.86111.67133.84161.47
Y-o-Y Gr. Rt.-11.8%12.8%15.4%42.9%13.8%22.6%38.1%19.9%20.6%
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%): Colour Rating Guide
  • >1.25 : Very Good
  • 1-1.25 : Somewhat Good
  • <1: Not Good
Net Profit/Total Funds (%)1.891.761.61.521.211.651.951.971.721.89
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Can Fin Homes Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Operating Income27.3%20%14.5%17.6%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
25.1%34.2%16.9%26.7%
Book Value per Share
21.6%22.7%25.9%20.6%
Share Price 41.3% 17.5% -9.7% -5.6%
Key Financial Ratios
RATIOS \ YEARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Asset Quality Ratio
To view Asset Quality Ratio Colour Rating Guide click here
Asset Quality Ratio: Colour Rating Guide
  • <0.5 : Very Good
  • 0.5-1 : Somewhat Good
  • >1 : Not Good
Net NPA to Net Advances (%)00000000.20.430.54
Capitalization Ratio
To view Capitalization Ratio Colour Rating Guide click here
Capitalization Ratio: Colour Rating Guide
  • >14% : Very Good
  • 12%-14% : Somewhat Good
  • <12% : Not Good
Capital Adequacy Ratio (%)19.1417.4415.413.8418.3920.6918.519.0816.4422.26
Margins
Net Profit Margin (%) 18.1715.313.7913.110.5714.5117.3918.8617.1818.52
Performance Ratios
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
  • >15 : Very Good
  • 12-15 : Somewhat Good
  • <12 : Not Good
Return on Equity (%) 14.3413.2914.6317.9314.0919.0524.0822.3318.1519.13
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 29.99%
Institutions 13.21%
Non-Institutions 56.80%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Can Fin Homes and arrived at the following conclusion:

Past 10 year's financial track record indicates that Can Fin Homes is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Can Fin Homes's performance infers:

Can Fin Homes earnings have grown by 34.2%, whereas share price has appreciated 17.5% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Can Fin Homes share prices over the last 10 years. Here is what we found out:

Can Fin Homes share price has appreciated 31.5% annually over the past ten years.

Can Fin Homes (CFHL), established in 1987, is promoted by Canara Bank in association with reputed financial institutions including HDFC and UTI. The vision of Canara Bank on the relevance of having an exclusive outfit for providing housing finance at a time when institutional finance was not flowing to the housing sector to the required extent and banks had constraints in locking up funds in long term housing finance saw the birth of CFHL.

It is the first bank and the biggest bank

Can Fin Homes (CFHL), established in 1987, is promoted by Canara Bank in association with reputed financial institutions including HDFC and UTI. The vision of Canara Bank on the relevance of having an exclusive outfit for providing housing finance at a time when institutional finance was not flowing to the housing sector to the required extent and banks had constraints in locking up funds in long term housing finance saw the birth of CFHL.

It is the first bank and the biggest bank sponsored housing finance company (HFC) in the country and one among the top players in the country's housing finance sector.  Now the National Housing Bank (NHB) is also an important equity holder in CFHL.

CFHL was set up with the mission of promoting home ownership and increasing housing stock all over the country.

The housing finance company has a standing of over 22 years. It is one among the four HFCs selected by NHB in its first phase of securitisation programme. It has an all-India presence with a network of 40 branches.

Deposit Scheme - Can Fin Homes has the unique privilege of meeting the varied financial requirements of its customers, be it as a reliable home finance provider or as a competent fixed deposit accepting company. The company offers fixed deposit, cumulative deposit, fixed deposit scheme for senior citizens, cumulative deposit scheme for senior citizens, Canfin Trust Fixed Deposit scheme and Canfin Trust Cumulative Deposit scheme.

Housing Loan Under this, CFHL offers facilities such as finance for construction of a house, loan for the purchase of a flat or house, finance for the acquisition of a plot and construction of a house on the same. Under the composite housing loan scheme; it offers loan for the extension of existing house and loan towards the repairs, renovation and upgradation of a house or flat. 

Recognitions

  • CFHL enjoys 5 Star rating from NHB for the purpose of refinance.
  • CFHL's Deposit programme enjoys 'MAA+' rating, which is the highest possible under high safety rating.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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