Caspian Corporate Services Experiences Quality Grade Change Amid Strong Financial Performance

Caspian Corporate Services, a microcap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone an evaluation revision, reflecting a shift in its quality assessment. The company has demonstrated remarkable sales growth over the past five years, achieving an impressive 803.10%. Additionally, its EBIT growth during the same period stands at 192.75%, indicating strong operational performance.
Financial metrics reveal a solid EBIT to interest ratio of 3.06, suggesting effective management of interest expenses relative to earnings. The company's debt metrics, including a debt to EBITDA ratio of 18.90 and a net debt to equity ratio of 1.07, provide insight into its leverage and capital structure. Furthermore, the tax ratio is recorded at 5.42%, and the dividend payout ratio is 47.97%, reflecting a balanced approach to shareholder returns.

In comparison to its peers, Caspian Corporate Services holds a competitive position, with its return on equity (ROE) at 38.00% and return on capital employed (ROCE) averaging 6.70%. While some peers maintain similar quality standings, others lag behind, highlighting Caspian's relative strength in key financial indicators.