Ratings RITES Limited

Equities

RITES

INE320J01015

Delayed NSE India S.E. Other stock markets 01:54:05 2024-06-04 am EDT			5-day change	1st Jan Change
652.2 ^INR	-10.00%		-9.51%	+28.13%

May. 29	Rites Records Decline in Fiscal Q4 Consolidated Net Profit	MT
May. 29	Transcript : RITES Limited, Q4 2024 Earnings Call, May 29, 2024

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

Weaknesses

With an expected P/E ratio at 35.61 and 28.19 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The company is highly valued given the cash flows generated by its activity.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Business Support Services

	1st Jan change	Capi.	ESG Refinitiv
RITES LIMITED	+28.13%	2.09B	C-
CINTAS CORPORATION	+11.93%	68.44B	B+
JACOBS SOLUTIONS INC.	+6.30%	17.28B	B+
BUREAU VERITAS SA	+21.03%	13.67B	A-
RB GLOBAL, INC.	+6.43%	13.08B	B-
INTERTEK GROUP PLC	+12.72%	9.87B	B-
TELEPERFORMANCE SE	-19.16%	6.92B	C
GENPACT LIMITED	-6.80%	5.82B	A-
MAXIMUS, INC.	+2.30%	5.22B	B-
EXLSERVICE HOLDINGS, INC.	-4.38%	4.79B	A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes