Fortis Health.

Market Cap: Large Cap
Industry: Hospital & Healthcare Services
ISIN: INE061F01013
NSEID: FORTIS
BSEID: 532843

INR

658.85

6.1 (0.93%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 13.29 lacs

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Global Health

Vijaya Diagnost.

Fortis Health.

Narayana Hrudaya

Rainbow Child.

Apollo Hospitals

Max Healthcare

Krishna Institu.

Dr Lal Pathlabs

Aster DM Health.

Dr Agarwal's Hea

Why is Fortis Healthcare Ltd ?

Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.46 times

Healthy long term growth as Operating profit has grown by an annual rate 28.76%

The company has declared Positive results for the last 4 consecutive quarters

ROCE(HY) Highest at 12.55 %
PAT(9M) Higher at Rs 612.71 Cr
CASH AND CASH EQUIVALENTS(HY) Highest at Rs 600.89 cr

Stock is technically in a Mildly Bullish range

The stocks MACD and KST technical factors are also Bullish

With ROE of 8.8, it has a Expensive valuation with a 6.3 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 47.86%, its profits have risen by 47.5% ; the PEG ratio of the company is 1.3

High Institutional Holdings at 56.82%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Their stake has increased by 0.82% over the previous quarter.

Market Beating Performance

Even though the market (BSE 500) has generated negative returns of -1.03% in the last 1 year, the stock has been able to generate 47.86% returns

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Fortis Health. should be less than 10%
Overall Portfolio exposure to Hospital & Healthcare Services should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Hospital & Healthcare Services)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Fortis Health. for you?

Medium Risk, High Return

Absolute

Risk Adjusted

Volatility

Fortis Health.

52.04%

1.47

32.51%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

9.96%

EBIT Growth (5y)

28.76%

EBIT to Interest (avg)

4.97

Debt to EBITDA (avg)

1.90

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.69

Tax Ratio

20.86%

Dividend Payout Ratio

12.61%

Pledged Shares

Institutional Holding

56.82%

ROCE (avg)

7.92%

ROE (avg)

5.06%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

6.28

EV to EBIT

43.07

EV to EBITDA

32.52

EV to Capital Employed

5.91

EV to Sales

6.59

PEG Ratio

1.32

Dividend Yield

0.15%

ROCE (Latest)

12.77%

ROE (Latest)

8.82%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Sideways

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

13What is working for the Company

ROCE(HY)

Highest at 12.55 %

PAT(9M)

Higher at Rs 612.71 Cr

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 600.89 cr

EPS(Q)

Highest at Rs 3.28

-4What is not working for the Company

OPERATING PROFIT TO INTEREST (Q)

Lowest at 8.31 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 9.22 times

INTEREST(Q)

Highest at Rs 45.16 cr

Loading Valuation Snapshot...

Here's what is working for Fortis Health.

Profit After Tax (PAT) - Quarterly

Highest at Rs 226.24 cr.

in the last five quarters

MOJO Watch

Near term PAT trend is positive

PAT (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 226.24 cr has Grown at 30.8 %

over average PAT of the previous four quarters of Rs 172.97 Cr

MOJO Watch

Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly

Highest at Rs 3.28

in the last five quarters

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Cash and Cash Equivalents - Half Yearly

Highest at Rs 600.89 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for Fortis Health.

Operating Profit to Interest - Quarterly

Lowest at 8.31 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest - Quarterly

Highest at Rs 45.16 cr

in the last five quarters and Increased by 23.96 % (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Debtors Turnover Ratio- Half Yearly

Lowest at 9.22 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio

Non Operating Income - Quarterly

Highest at Rs 20.89 cr

in the last five quarters

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating Income