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Jet Airways Ltd

Equity Report

Macroaxis Reporting

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2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Summary
Jet Airways Ltd [JETAIRWAY] is traded on National Stock Exchange of India in India. It is located
in Mumbai, and employs 13,163 people. The company currently falls under 'Large-Cap' category with
current market capitalization of 25.36 B. Jet Airways Ltd operates under Services sector and is
part of Major Airlines industry. This company has 86.33 M outstanding shares.

Key Indicators

Performance

Current Valuation

137.46 B

Shares Outstanding

86.33 M

Revenue

188.41 B

Gross Profit

33.56 B

260

EBITDA

9.3 B

250

Cash and Equivalents

9.58 B

Total Debt

123.03 B

One Year Low

210.75

300
290
280
270

240
220
28-Mar

4-Apr

Value

Score

Value

Score

4.35

55

1.24

39

18-Apr

out of 100

Value

Score

0.29

15

out of 100

ac
r

out of 100

11-Apr

Efficiency

Return

oa
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Volatility

230

1 Month Risk and Return Landscape

1 Month Beta Analysis......... [ 1.45 ]

1.25
1.00

As market goes up, the company is


expected to significantly outperform
it. However, if the market returns are
negative, Jet Airways will likely
underperform.

Expected Return

0.75
0.50
0.25
0.00

Cash

-0.25
-0.50
-0.75
-1.00
0

Investor Sentiment............. [ 3% ]

Expected Volatility (Risk)


Based on Macroaxis popularity rating,
Jet Airways Ltd has a score of 3 on a
scale of 0 to 100. This indicates that
this stock is not as attractive to
invest in as 97% of all other stocks
in India

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

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2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Management
Chief Operating officer

Lt Varma

Executive VP

Gaurang Shetty

Sr. VP of Commercial, Manager, Whole-Time Director and Member


of Investors Grievance and Share Transfer Committee

Ravi Shankar

CFO

M Goyal

Executive VP of Revenue Management and Network Plannning and


Advisor to The CEO

Krishnan

Sr. General Manager of Fin.

Captain Ali

COO

Dato Jeyakanthan

Sr. VP of Aircraft Projects and Product (Technical)

K Vishwanath

VP of Commercial Strategy and Investor Relations

Ravishankar Gopalakrishnan

CFO

Sitham Nadarajah

Executive VP of Technical

Nikos Kardassis

Chief Executive officer

Gary Toomey

CEO

ac
r

oa
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Ca Ali

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

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2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Lequidity
The company has accumulated 123.03 B in total debt with debt to equity ratio (D/E) of 2.89
implying the company greatly relies on financing operations through barroing. Jet Airways Ltd has
Current Ratio of 0.35 indicating that it has a negative working capital and may not be able to pay
financial obligations in time and when they become due.

Capitalization
This company currently falls under 'Large-Cap' category with current market capitalization of
25.36 B.

Profitablity
The company has Profit Margin (PM) of (4.14) % which may suggest that it does not properly
executes on its current pricing strategies or is unable to controls all of the operational costs.
This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 % which suggests for
every 100 dollars of sales it generated a net operating income of 0.0.

Profile

The company has price-to-book ratio of 1.11. Some equities with similar Price to Book (P/B)
outperform the market in the long run. Jet Airways Ltd had not issued any dividends in recent
years. Jet Airways Limited offer passenger and cargo air transportation services. To learn more
about JET AIRWAYS (INDI call M Goyal at 91 22 6121 1000 or check out http://www.jetairways.com.

oa
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Management Efficency

ac
r

The firm has return on total asset (ROA) of 0.05 % which means that it generated profit of $0.05
on every $100 spent on asset. This is way below average. Similarly, it shows return on equity
(ROE) of (164.43) % meaning that it generated substantial loss on money invested by shareholders.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 4

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Technical Drivers
Jet Airways Ltd retains Downside Deviation of 3.41, Market Risk Adjusted Performance of 0.8609 and
Risk Adjusted Performance of 0.227. Jet Airways technical analysis makes it possible for you to
employ historical prices and volume momentum with intention to determine a pattern that calculates
the direction of the corporation future prices. In other words you can use this information to
find out if the corporation will indeed mirror its model of historical price patterns or the
prices will eventually revert. We found nineteen technical drivers for Jet Airways which can be
compared to its competitors. Please check out Jet Airways Information Ratio, Value At Risk as
well as the relationship between Value At Risk and Expected Short fall to decide if Jet Airways
is priced fairly providing market reflects its last-minute price of 280.15 per share.

Valuation
Jet Airways retains regular Real Value of 298.76 per share. The prevalent price of the
corporation is 280.15. At this time the corporation appears to be under valued. Macroaxis
calculates value of Jet Airways from evaluating the corporation fundamentals such as Current
Valuation of 137.46B, Return On Asset of 0.05% and Return On Equity of (164.43)% as well as
inspecting its technical indicators and Probability Of Bankruptcy. In general, we encourage to
acquire undervalued assets and to sell overvalued assets since at some point stocks prices and
their ongoing real values will come together.

Volatility

Performance

ac
r

oa
xi

Jet Airways is relatively not risky given 1 month investment horizon. Jet Airways holds Efficiency
(Sharpe) Ratio of 0.29 which attests that Jet Airways had 0.29% of return per unit of risk over
the last 1 month. Our philosophy towards determining risk of a stock is to use both market data
as well as company specific technical data. We found twenty-one different technical indicators
which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested
risk. Use Jet Airways Ltd Downside Deviation of 3.41, Market Risk Adjusted Performance of 0.8609
and Risk Adjusted Performance of 0.227 to evaluate company specific risk that cannot be
diversified away.

Jet Airways holds performance score of 15 on a scale of zero to a hundred. The entity retains
Market Volatility (i.e. Beta) of 1.45 which attests that as market goes up, the company is
expected to significantly outperform it. However, if the market returns are negative, Jet Airways
will likely underperform.. Although it is vital to follow to Jet Airways current price history, it
is good to be conservative about what you can actually do with the information about equity
current price movements. Macroaxis philosophy towards determining future performance of any stock
is to look not only at its past charts but also at the business as a whole, including all
fundamental and technical indicators. To evaluate if Jet Airways expected return of 1.24 will be
sustainable into the future, we have found twenty-one different technical indicators which can
help you to check if the expected returns are sustainable. Use Jet Airways Ltd Information Ratio,
Value At Risk as well as the relationship between Value At Risk and Expected Short fall to
analyze future returns on Jet Airways Ltd.

Fundamentals
We strongly advise you to harness Jet Airways fundamental analysis to see if markets are presently
mispricing the organization. In other words you can makes use of it to find out if Jet Airways is
indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the
market to recognize its mistake and reprise the security. . We found twenty-three available
reported financial drivers for Jet Airways which can be compared to its competitors. To make sure
the equity is not overpriced, please check out all Jet Airways fundamentals including its Cash and
Equivalents as well as the relationship between Current Ratio and Number of Employees .

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

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Macroaxis Reporting

Fundamental Summary
(164.43) %

Return On Asset

0.05 %

Profit Margin

(4.14) %

Operating Margin

0.08 %

Current Valuation

137.46 B

Shares Outstanding

86.33 M

Price to Book

1.11 times

Price to Sales

0.13 times

Revenue

188.41 B

Gross Profit

33.56 B

EBITDA

9.3 B

Net Income

(7.8 B)

Cash and Equivalents

9.58 B

Cash per Share

111.01 times

Total Debt

123.03 B

Debt to Equity

2.89 times

Current Ratio

0.36 times

Return On Equity

oa
xi

Book Value Per Share

Number of Employees
Market Capitalization
Probability Of Bankruptcy

One Year Low

ac
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Cash Flow from Operations

(211.70) times
18.8 B
210.75
13.16 K
25.36 B
51.00 %

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 6

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Technical Analysis
0.227

Market Risk Adjusted Performance

0.8609

Mean Deviation

3.07

Semi Deviation

1.99

Downside Deviation

3.41

Coefficient Of Variation

349.42

Standard Deviation

4.35

Variance

18.89

Information Ratio

0.2657

Jensen Alpha

1.12

Total Risk Alpha

0.7855

Sortino Ratio

0.3385

Treynor Ratio

0.8509

Maximum Drawdown

20.0

Value At Risk

(5.96)

Potential Upside

14.04

Downside Variance

11.64

Risk Adjusted Performance

oa
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Semi Variance

Skewness

(3.89)
1.36
3.32

Kurtosis

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Expected Short fall

3.97

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 7

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Return On Equity
JETAIRWAY.NS

Return on Equity or ROE tells company


stockholders how effectually their
money is being utilized or
reinvested. It is a useful ratio when
analyzing company profitability or
the management effectiveness given
the capital invested by the
shareholders. ROE shows how
effecently a company utilizes
investments to generate income.

Major Airlines

Services
.

(164.43%)

All Equities

ac
r

Return on Asset or ROA shows how


effective is the management of
the company in generating income
from utilizing all of the assets
at their disposal. It is a
useful ratio to evaluate the
performance of different
departments of a company as well
as to understand management
performance over time.

JETAIRWAY.NS

Return On Asset

oa
xi

For most industries Return on Equity between 10% and 30% are considered desirable to provide
dividends to owners and have funds for future growth of the company. Investors should be very
careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily
leveraged. Based on latest financial disclosure Jet Airways Ltd has Return On Equity of 164.43%. This is 2008.08% higher than that of Services sector, and 3539.96% lower than that of
Return On Equity industry, The Return On Equity for all stocks is 2013.5% higher than the company.

0.05%
Major Airlines

Return on Asset measures overall efficiency of a company in generating profits from its total
assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA
typically means that a company is asset-intensive and therefore will needs more money to continue
generating revenue in the future. Based on latest financial disclosure Jet Airways Ltd has
Return On Asset of 0.05%. This is 100.75% lower than that of Services sector, and 97.42% lower
than that of Return On Asset industry, The Return On Asset for all stocks is 100.52% lower than
Jet Airways.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 8

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Profit Margin
Profit Margin measures overall
efficiency of a company and shows its
ability to withstand competition as
well as defend against adverse
conditions such as rising costs,
falling prices, decline in sales or
management distress. Profit margin
tells investors how well the company
executes on its overall pricing
strategies as well as how effective
the company in controlling its costs.
.

(4.14%)
JETAIRWAY.NS

Major Airlines

Services

All Equities

ac
r

Operating Margin shows how


much operating income a
company makes on each
dollar of sales. It is one
of the profitability
indicators which helps
analysts to understand
whether the firm is
successful or not making
money from everyday
operations.

Operating Margin

oa
xi

In a nutshell, Profit Margin indicator shows the amount of money the company makes from total
sales or revenue. It can provide a good insight into companies in the same sector, as well as help
to identify trends of a company from year to year. Based on latest financial disclosure Jet
Airways Ltd has Profit Margin of -4.14%. This is 2.99% higher than that of Services sector, and
370.59% lower than that of Profit Margin industry, The Profit Margin for all stocks is 174.17%
higher than the company.

0.08%

JETAIRWAY.NS

Major Airlines

Services

All Equities

A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out
its debt which implies that the higher the margin, the better. This ratio is most effective in
evaluating the earning potential of a company over time when comparing it against firm's
competitors. Based on recorded statements Jet Airways Ltd has Operating Margin of 0.08%. This is
100.72% lower than that of Services sector, and 97.7% lower than that of Operating Margin
industry, The Operating Margin for all stocks is 100.98% lower than Jet Airways.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

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2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Current Valuation
JETAIRWAY.NS

All Equities

Enterprise Value is a firm valuation proxy


that approximates current market value of
a company. It is typically used to
determine takeover or merger price of a
firm. Unlike Market Cap, this measure
takes into account the entire liquid
asset, outstanding debt, and exotic equity
instruments that company has on its
balance sheet. When takeover occurs, the
parent company will have to assume the
target company's liabilities but will take
possession of all cash and cash
equivalents.

Services

Major Airlines

137.46 B

Shares Outstanding

ac
r

oa
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long
term liability and current cash or cash equivalents can have a huge impact on market valuation of
a given company. In accordance with recently published financial statements Jet Airways Ltd has
Current Valuation of 137.46 B. This is 115.56% higher than that of Services sector, and 94.32%
lower than that of Current Valuation industry, The Current Valuation for all stocks is 39.03%
higher than the company.

Outstanding Shares are shares of common


stock of a public company that were
purchased by investors after they were
authorized and issued by the company to
the public. Outstanding Shares are
typically reported on fully diluted bases
which include exotic instruments such as
options, or convertibles bonds.

JETAIRWAY.NS
All Equities

Services

Major Airlines

86.33 M

Outstanding shares that are stated on company Balance Sheet are used when calculating many
important valuation and performance indicators including Return on Equity, Market Cap, EPS and
many others. Based on latest financial disclosure Jet Airways Ltd has 86.33 M of shares
currently outstending. This is 78.16% lower than that of Services sector, and 94.52% lower than
that of Shares Outstanding industry, The Shares Outstanding for all stocks is 77.29% higher than
Jet Airways Ltd.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

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2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Price to Book
Price to Book (P/B) ratio
is used to relate a company
book value to its current
market price. A high P/B
ratio indicates that
investors expect executives
to generate more returns on
their investments from a
given set of assets. Book
value is accounting value
of assets minus
liabilities.
.

1.11 times
JETAIRWAY.NS

Major Airlines

Services

All Equities

Price to Sales

ac
r

oa
xi

Price to Book ratio is mostly used in financial services industries where assets and liabilities
are typically represented by dollars. Although low Price to Book ratio generally implies that the
firm is undervalued, it is often a good indicator that the company may be in financial or
managerial distress and should be investigated more carefully. Based on latest financial
disclosure the price to book indicator of Jet Airways Ltd is roughly 1.11 times. This is 91.23%
lower than that of Services sector, and 92.04% lower than that of Price to Book industry, The
Price to Book for all stocks is 84.96% higher than the firm.

Price to Sales ratio is typically used for


valuing equity relative to its own past
performance as well as to performance of
other companies or market indexes. In most
cases, the lower the ratio the better it
is for investors. However, it is advisable
for investors to exercise caution when
looking at price-to-sales ratios across
different industries.

JETAIRWAY.NS
Major Airlines

All Equities

Services

0.13 times
The most important factor to remember is that the price of equity takes a firm's debt into
account, whereas the sales does not consider financial leverage. Generally speaking, Price to
Sales ratio shows how much market values every dollar of the company's sales. Based on latest
financial disclosure the price to sales indicator of Jet Airways Ltd is roughly 0.13 times. This
is 98.7% lower than that of Services sector, and 97.65% lower than that of Price to Sales
industry, The Price to Sales for all stocks is 98.77% higher than Jet Airways.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

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2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Revenue
All Equities

Revenue is income that a firm generates


from business activities such us rendering
services or selling goods to customers. It
is a crucial part of business and is
important item when evaluating financial
statements of a company. Revenues from a
firm's main business operations can be
reported on the income statement as sales
revenue, net sales, or simply sales,
depending on the industry in which given
company operates.

Services

Major Airlines

JETAIRWAY.NS

188.41 B

oa
xi

Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods
and can includes product or services discounts, promotions, as well as early payments on invoices
or services rendered in advance. Based on latest financial disclosure Jet Airways Ltd reported
188.41 B of revenue. This is 1954.99% higher than that of Services sector, and 166.32% higher than
that of Revenue industry, The Revenue for all stocks is 1241.86% lower than the firm.

Gross Profit is the most


basic measure of business
operational efficiency. It
is simply the difference
between sales revenue and
the cost associated with
making a product or
providing a service. It is
calculated before deducting
administrative expenses,
taxes, and interest
payments.

ac
r

Gross Profit

33.56 B
JETAIRWAY.NS

Major Airlines

Services

All Equities

Gross Profit varies significantly from one sector to another and tells investor how much money a
business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or
rent. According to company disclosure Jet Airways Ltd reported 33.56 B of gross profit. This is
1404.8% higher than that of Services sector, and 6.18% higher than that of Gross Profit industry,
The Gross Profit for all stocks is 172.31% lower than Jet Airways Ltd.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 12

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

EBITDA
All Equities

EBITDA stands for earnings before


interest, taxes, depreciation, and
amortization. It is a measure of a company
operating cash flow based on data from the
company income statement and is a very
good way to compare companies within
industries or across different sectors.
However, unlike Operating Cash Flow,
EBITDA does not include the effects of
changes in working capital.

Services

JETAIRWAY.NS

Major Airlines

9.3 B

oa
xi

In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax
profit, and can be used to compare companies with very different capital structures. According to
company disclosure Jet Airways Ltd reported earnings before interest,tax, depreciation and
amortization of 9.3 B. This is 1053.36% higher than that of Services sector, and 28.01% higher
than that of EBITDA industry, The EBITDA for all stocks is 480.41% lower than the company.

Net income is the profit of


a company for the reporting
period which is derived
after taking revenues and
gains and subtracting all
expenses and losses. Net
income is one of the most
watched numbers by money
managers as well as
individual investors.

ac
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Net Income

(7.8 B)

JETAIRWAY.NS

Major Airlines

Services

All Equities

Because income is reported on the Income Statement of a company and is measured in dollars some
investors prefer to use Profit Margin which measures income as a percentage of sales. Based on
recorded statements Jet Airways Ltd reported net loss of -7.8E9. This is 3333.93% lower than that
of Services sector, and 1233.33% lower than that of Net Income industry, The Net Income for all
stocks is 1173.33% higher than Jet Airways Ltd.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

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2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Cash and Equivalents


Cash or Cash Equivalents are the most
liquid of all assets found on
company's balance sheet. It is used
in calculating many of the firm's
liquidity ratios and is a good
indicator of overall financial health
of a company. Companies with a lot of
cash are usually attractive takeover
targets. Cash Equivalents are balance
sheet items that are typically
reported using currency printed on
notes.
.

JETAIRWAY.NS

Major Airlines

Services

All Equities

9.58 B

Cash per Share

ac
r

oa
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Cash equivalents represent current assets that are easily convertible to cash such as short term
bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important
consideration companies make when classifying assets as cash equivalent is that investments they
report on their balance sheets under current assets should have almost no risk of change in value
over the next few months (usually 3 months). In accordance with recently published financial
statements Jet Airways Ltd has 9.58 B in Cash and Equivalents. This is 1146.0% higher than that
of Services sector, and 33.52% lower than that of Cash and Equivalents industry, The Cash and
Equivalents for all stocks is 132.99% lower than the company.

Cash per Share is a ratio of current cash


on hands or in the banks of the company to
total number of shares outstanding. It is
used to determine firm's liquidity and is
a good indicator of overall financial
health of a company. Value investors often
compare this ratio to the current stock
quote, and if it exceeds the stock price
they would invest in it.

All Equities

Services

Major Airlines

JETAIRWAY.NS

111.01 times
Companies with high Cash per Share ratio will be considered as attractive investment by most
investors. In most industries if you can single out an equity instrument trading below its cash
per share value, you have a bargain and should consider buying it. Finding the stocks traded below
their cash value, therefore, can be a good starting point for investors using strategies based on
fundamentals In accordance with recently published financial statements Jet Airways Ltd has Cash
per Share of 111 times. This is 2620.83% higher than that of Services sector, and 702.68% higher
than that of Cash per Share industry, The Cash per Share for all stocks is 1982.74% lower than Jet
Airways.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 14

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Total Debt
All Equities

Total Debt refers to the amount of long


term interest-bearing liabilities that a
company carries on its balance sheet. That
may include bonds sold to public, notes
written to banks or capital leases.
Typically, debt can help a company magnify
its earnings, but the burden of interest
and principle payments will eventually
prevent the firm from borrow excessively.

Services

Major Airlines

JETAIRWAY.NS

123.03 B

oa
xi

In most industries, total debt may also include current portion of long-term debt. Since debt
terms vary widely from one company to another, simply comparing outstanding debt obligations
between different companies may not be adequate. It is usually meaningful to compare total debt
amounts between companies that operate within the same sector. Based on latest financial
disclosure Jet Airways Ltd has Total Debt of 123.03 B. This is 5259.66% higher than that of
Services sector, and 216.09% higher than that of Total Debt industry, The Total Debt for all
stocks is 1239.81% lower than the firm.

JETAIRWAY.NS

Debt to Equity is calculated by


dividing the Total Debt of a company
by its Equity. If the debt exceeds
equity of a company then the
creditors have more stakes in a firm
than the stockholders. In other
words, Debt to Equity ratio provides
analysts with insights about
composition of both equity and debt,
and its influence on the valuation of
the company.

ac
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Debt to Equity

Major Airlines

Services

2.89 times

All Equities

High Debt to Equity ratio typically indicates that a firm has been barrowing aggressive to finance
its growth and as a result may experience a burden of additional interest expense. This may reduce
earnings or future growth. On the other hand small D/E ratio may indicate that a company is not
taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is
leveraging barrowing against the capital invested by the owners. According to company disclosure
Jet Airways Ltd has Debt to Equity of 2.89 times. This is 285.33% higher than that of Services
sector, and 84.08% higher than that of Debt to Equity industry, The Debt to Equity for all stocks
is 466.67% lower than Jet Airways Ltd.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 15

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Current Ratio
JETAIRWAY.NS
Major Airlines

All Equities

Current Ratio is calculated by


dividing the Current Assets of a
company by its Current
Liabilities. It measures whether
or not a company has enough cash
or liquid assets to pay its
current liability over the next
fiscal year. The ratio is
regarded as a test of liquidity
for a company.
.

Services

0.36 times

Book Value Per Share

ac
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall
risk. However, investors may prefer a lower current ratio since they are more concerned about
growing the business using assets of the company. Acceptable current ratios may vary from one
sector to another, but generally accepted benchmark is to have current assets at least as twice as
current liabilities (i.e. Current Ration of 2 to 1). In accordance with recently published
financial statements Jet Airways Ltd has Current Ratio of 0.36 times. This is 85.88% lower than
that of Services sector, and 63.27% lower than that of Current Ratio industry, The Current Ratio
for all stocks is 89.19% higher than the firm.

Book Value per Share (B/S) is can be


calculated by subtracting liabilities
from assets, and then dividing it by
the total number of currently
outstanding shares. It indicates the
level of safety associated with each
common share after removing effects
of liabilities. In other words a
shareholder can use this ratio to see
how much he or she can sell the stake
in the company in the event of
liquidation.
.

(211.7 times)

JETAIRWAY.NS

Major Airlines

Services

All Equities

The naive approach to look at Book Value per Share is to compare it to current stock price. If
Book Value per Share is higher than the currently traded stock price, the company can be
considered undervalued. However, investors must be aware that conventional calculation of Book
Value does not include intangible assets such as good will, intellectual property, trademarks or
brands and may not be an appropriate measure for many firms. In accordance with recently
published financial statements the book value per share of Jet Airways Ltd is about -211.7 times.
This is 1725.96% lower than that of Services sector, and 162746.15% higher than that of Book Value
Per Share industry, The Book Value Per Share for all stocks is 1438.18% higher than Jet Airways.
Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 16

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Cash Flow from Operations


Operating Cash Flow reveals the
quality of a company's reported
earnings and is calculated by
deducting company's income taxes from
earnings before interest, taxes and
depreciation (EBITDA). In other
words, Operating Cash Flow refers to
the amount of cash a firm generates
from the sales or products or from
rendering services. Operating Cash
Flow typically excludes costs
associated with long-term investments
or investment in marketable
securities and is usually used by
investor or analyst to check on the
quality of a company earnings.
JETAIRWAY.NS

Major Airlines

Services

All Equities
.

18.8 B

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Operating Cash Flow shows the difference between reported income and actual cash flows of the
company. If a firm does not have enough cash or cash equivalents to cover its current liabilities,
then both investors and management should be concerned about company having enough liquid
resources to meet current and long term debt obligations. In accordance with recently published
financial statements Jet Airways Ltd has 18.8 B in Cash Flow from Operations. This is 2894.07%
higher than that of Services sector, and 125.23% higher than that of Cash Flow from Operations
industry, The Cash Flow from Operations for all stocks is 1855.65% lower than the firm.

One Year Low


One Year Low is the lowest price that a
given equity instrument has reached in the
last 52 weeks. In other words it is the
lowest price that investors were willing
to pay for the asset over the past 52
weeks of trading. Year Low can be used as
a naive indicator of how a given equity
may perform over longer term investment
horizon.

All Equities
Services

Major Airlines

JETAIRWAY.NS

210
Some investors believe that One Year Low is a good indicator of how the value of a stock is
elastic during the trading year. It offers a good prospective on equity performance compared to
trading within industry, sector, category or even the entire stock market. For example, if a stock
is at its One Year Low with local stock market index is not at its One Year Low, that stock is
said to be under-performing the market. On the other hand if the price of a stock is reached a new
One Year Low, an investor may interpret it as a turning point and trade the instrument away or go
short. Based on recorded statements Jet Airways Ltd has One Year Low of 210. This is 575.48%
higher than that of Services sector, and 613.2% higher than that of One Year Low industry, The One
Year Low for all stocks is 880.69% lower than Jet Airways Ltd.
Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 17

2014 Macroaxis Inc. All rights reserved

ac
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oa
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Macroaxis Reporting

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 18

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Number of Employees
All Equities

JETAIRWAY.NS

Number of Employees shows total


number of permanent full time
and part time employees working
for a given company and
processed through its payroll.
.

Services

13.16 K

Major Airlines

ac
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Employee typically refers to an individual working under a contract of employment, whether oral or
written, express or implied, and has recognized his or her rights and duties. Most officers of
corporations are included as employees and contractors are generally excluded. Based on recorded
statements Jet Airways Ltd is currently employing 13.16 K people. This is 35.04% lower than that
of Services sector, and 64.49% lower than that of Number of Employees industry, The Number of
Employees for all stocks is 61.77% lower than the company.

Market Capitalization
Market Capitalization is total market
value of a company's equity. It is
one of many ways to value a company
and is calculated by multiplying the
price of the stock by the number of
shares issued. If a firm has one type
of stock its market capitalization
will be the current market share
price multiplied by the number of
shares. However, if a company has
multiple types of equities then the
market cap will be the total of the
market caps of the different types of
shares.
.

JETAIRWAY.NS

Major Airlines

Services

All Equities

25.36 B
In most publications or references market cap is broken down into the mega cap, large cap, mid
cap, small cap, micro cap, and nano cap. Market Cap is a measurement of business as total market
value of all of outstanding shares at a given time, and can be used to compare different companies
based on their size. Based on recorded statements the market capitalization of Jet Airways Ltd
is about 25.36 B. This is 68.45% higher than that of Services sector, and 39.71% lower than that
of Market Capitalization industry, The Market Capitalization for all stocks is 56.92% lower than
Jet Airways.
Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 19

2014 Macroaxis Inc. All rights reserved

Macroaxis Reporting

Probability Of Bankruptcy
All Equities

For stocks, Probability Of Bankruptcy is


normalized value of Z-Score. For funds and
ETFs it is derived from a multi-factor
model developed by Macroaxis.The score is
used to predict probability of a firm or a
fund going into bankruptcy or experiencing
financial distress within next 24 months.
Unlike Z-Score, Probability Of Bankruptcy
is the value between 0 and 100 indicating
the actual probability the firm will be
distressed in the next 2 fiscal years.

JETAIRWAY.NS

Services
Major Airlines

51.0%

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Companies or funds with Probability Of Bankruptcy above 90% are generally considered to be high
risk with a good chance of bankruptcy in the next 2 years. On the other hand entities with
Probability Of Bankruptcy of less than 15% will most likely experience some growth in the next 2
years. Probability Of Bankruptcy is based on Macroaxis own algorithm and can be used by auditors,
accountants, money managers, financial advisers, as well as day traders to evaluate unsystematic
risk of a stock, fund or ETF. Based on latest financial disclosure Jet Airways Ltd has
Probability Of Bankruptcy of 51%. This is 32.5% higher than that of Services sector, and 7.21%
higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all
stocks is 12.41% lower than the firm.

Macroaxis does not give investment advice, tax advice, legal advice, or other professional advice.The information is provided to you at your own risk. Macroaxis is not
responsible for any investment decisions related to the information or its usage. It is intended to be used as supplemental report and must be accompanied by a prospectus
and disclosure statement. Please contact Macroaxis to add your own disclaimer or sign up for premium version to remove it

http://www.macroaxis.com

Page 20

2014 Macroaxis Inc. All rights reserved