REC Ltd 532955

Morningstar Rating
₹293.65 −7.00 (2.33%)
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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 LOCK|v!dfC premium.
Price
₹293.65
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
₹300.65
Day Range
₹290.90–302.00
52-Week Range
₹286.25–387.90
Bid/Ask
₹0.00 / ₹0.00
Shares Outstanding
2.63B
Market Cap
₹773.25B
Volume/Avg
465,443 / 421,494

Key Statistics

Price/Earnings (Normalized)
5.01
Price/Sales
3.67
Dividend Yield (Trailing)
4.63%
Dividend Yield (Forward)
4.63%
Dividend Payment Schedule
Feb, Mar, Aug, Sep, Nov
Total Yield
4.63%

Company Profile

REC Ltd is a non-banking 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 by the Government of India, including rural electrification. It comprises only one business segment-lending to the power, logistics, and infrastructure sector. The majority of its revenue is derived from long-term financing.
Sector
Financial Services
Industry
Credit Services
Stock Style Box
Large Value
Total Number of Employees
1,213

Valuation

Metric
532955
Price/Earnings (Normalized)
5.01
Price/Book Value
0.91
Price/Sales
3.67
Price/Cash Flow
4.66
Price/Earnings
532955

Financial Strength

Metric
532955
Quick Ratio
—
Current Ratio
—
Interest Coverage
—
Quick Ratio
No chart available

Profitability

Metric
532955
Return on Assets (Normalized)
—
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
—
Return on Assets
532955

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