Risk factor
Very high price volatility
Profitability factor
Solid dividends
About
Jaiprakash Associates Limited operates as a diversified infrastructure conglomerate in India and internationally. The company operates through Construction, Cement & Cement Products, Hotel/Hospitality & Golf Course, Sports Events, Real Estate, Power, Infrastructure Projects, Investments, Fertilizers, Health Care, and Others segments. It constructs river valley, hydropower projects, expressways, and irrigation projects; manufactures and sells lime, plaster, and Portland Pozzolana cement under the Jaypee Cement brand; and generates and transmits hydro, thermal, and wind power. The company also operates hotels, golf courses, resorts, and spas; conducts sports related events; and builds golf residences and townships. In addition, it manufactures and sells urea, micro nutrients, zinc sulphate mono hydrate, and organic manure under the Jaypee Chaand Chaap brand; and owns and operates the Jaypee hospital that consists of 525 beds with range of facilities, including OPD, laboratory and X- Ray facility, nebulizer, and diathermy. Further, the company is involved in the coal and mineral extraction activity; and provision of heavy engineering, aviation, waste treatment, and man power services, as well as hitech castings and edible oils. Additionally, it provides IT infrastructure management, agricultural content development, and multimedia and content development services, as well as teaching learning solutions. Jaiprakash Associates Limited was founded in 1979 and is based in New Delhi, India.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA.