Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Ceejay Finance Limited, a non-banking finance company, provides financing services in India. The company offers loans for new and used two and four wheelers; various vehicle loans; SME business loans; loan against property, personal loan, and micro finance loan, as well as insurance services. It also provides refinance for two wheelers, three wheelers, four wheelers, trucks, and buses. The company was formerly known as Heritage Packaging Limited and changed its name to Ceejay Finance Limited in August 2001. Ceejay Finance Limited was incorporated in 1993 and is headquartered in Ahmedabad, India.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.