REC Ltd 532955

Morningstar Rating
₹559.20 +14.90 (2.74%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

532955 is trading at a 621% premium.
Price
₹542.49
Fair Value
₹588.14
Uncertainty
Very High
1-Star Price
₹353.87
5-Star Price
₹549.43
Economic Moat
Mrtq
Capital Allocation

Trading Information

Previous Close Price
₹544.30
Day Range
₹545.15561.00
52-Week Range
₹259.50653.90
Bid/Ask
₹559.35 / ₹559.55
Market Cap
₹1.47 Tril
Volume/Avg
631,991 / 469,409

Key Statistics

Price/Earnings (Normalized)
10.59
Price/Sales
7.82
Dividend Yield (Trailing)
3.03%
Dividend Yield (Forward)
2.57%
Total Yield
3.03%

Company Profile

REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. It comprises of only one business segment-lending to power, logistic and infrastructure sector. The majority of its revenue derives from long-term financing.
Sector
Financial Services
Industry
Credit Services
Stock Style Box
Large Core
Total Number of Employees
980

Comparables

Valuation

Metric
532955
532810
544042
Price/Earnings (Normalized)
10.597.93152.76
Price/Book Value
1.971.575.20
Price/Sales
7.824.472.03
Price/Cash Flow
11.576.52
Price/Earnings
532955
532810
544042

Financial Strength

Metric
532955
532810
544042
Quick Ratio
1.12
Current Ratio
1.47
Interest Coverage
1.41
Quick Ratio
532955
532810
544042

Profitability

Metric
532955
532810
544042
Return on Assets (Normalized)
2.70%
Return on Equity (Normalized)
21.60%
Return on Invested Capital (Normalized)
Return on Assets
532955
532810
544042

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