Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Headquartered in Mumbai, India, Delphi World Money Ltd. was established in 1985 and operates nationwide, specializing in financial services related to global transactions. The company's diverse portfolio includes foreign currency exchange, both outward and inward international remittance services, and travel insurance. They also provide prepaid and gift cards, catering to a broad spectrum of clients from corporate entities to individual consumers. The entity rebranded to its current name, Delphi World Money Limited, in August 2021, having previously been known as Ebixcash World Money India Limited. It functions as a subsidiary of EbixCash World Money Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, underpriced on P/FC.