ScoreWhy is SpiceJet Ltd ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of -10.67% and Operating profit at 0% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at 0 times
2
The company has declared negative results for the last 2 consecutive quarters
- PBT LESS OI(Q) At Rs -664.38 cr has Fallen at -79.1% (vs previous 4Q average)
- NET SALES(Latest six months) At Rs 1,912.62 cr has Grown at -27.09%
- PAT(Latest six months) At Rs -855.14 cr has Grown at -27.09%
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -48.20%, its profits have fallen by -4.6%
4
Below par performance in long term as well as near term
- Along with generating -48.20% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Airline)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is SpiceJet for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
SpiceJet
-48.49%
-0.95
50.58%
Sensex
4.66%
0.39
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
-10.67%
EBIT Growth (5y)
4.79%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
24.41
Net Debt to Equity (avg)
-1.36
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
47.69%
Institutional Holding
12.23%
ROCE (avg)
553.15%
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
0
Price to Book Value
-1.53
EV to EBIT
-6.27
EV to EBITDA
-12.82
EV to Capital Employed
8.00
EV to Sales
1.76
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-127.56%
ROE (Latest)
Negative BV
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend0What is working for the Company
NO KEY POSITIVE TRIGGERS
-29What is not working for the Company
PBT LESS OI(Q)
At Rs -664.38 cr has Fallen at -79.1% (vs previous 4Q average
NET SALES(Latest six months)
At Rs 1,912.62 cr has Grown at -27.09%
PAT(Latest six months)
At Rs -855.14 cr has Grown at -27.09%
ROCE(HY)
Lowest at -18.29%
INVENTORY TURNOVER RATIO(HY)
Lowest at 24.91 times
OPERATING PROFIT TO INTEREST (Q)
Lowest at -8.12 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.85 times
PBDIT(Q)
Lowest at Rs -435.41 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at -54.95%
EPS(Q)
Lowest at Rs -4.40
Loading Valuation Snapshot...
Here's what is not working for SpiceJet
Net Sales - Quarterly
At Rs 792.42 cr has Fallen at -33.1% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 1,184.42 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -664.38 cr has Fallen at -79.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -371.03 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -621.29 cr has Fallen at -654.5% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -82.35 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at -8.12 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Inventory Turnover Ratio- Half Yearly
Lowest at 24.91 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Net Sales - Quarterly
Lowest at Rs 792.42 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs -435.41 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at -54.95%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -664.38 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs -4.40
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Lowest at 4.85 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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