Mumbai: Most brokerages have maintained a bearish view on Vodafone Idea<\/a> as the company posted a loss of Rs 6,985.1 crore for the March quarter and raised concerns over its viability.

Some have target prices that predict that the stock will be reduced to a third of the current value in the next year. CLSA and
Credit Suisse<\/a> have maintained an underperform rating, JP Morgan has an underweight recommendation with a price target of Rs 3 and Goldman Sachs<\/a> has a sell with a price target of Rs 3. The stock plunged 8.8% to Rs 9.07 Thursday. It has fallen 19% so far this year.

Analysts said Vodafone Idea’s capital expenditure continues to lag that of peers, which is why the underperformance is likely to continue. “Vodafone Idea has large repayments due starting December 2021, and at the current Ebitda run-rate, we estimate the company could have a Rs 23,400 crore cash shortfall until April 2022,” said Goldman Sachs.

\"\"
<\/span><\/figcaption><\/figure>JP Morgan said Vodafone Idea remains challenged with the need for capex acceleration for closing network gaps and a highly levered balance sheet. “Vi continues to struggle in a polarising market that benefits peers with greater scale and improving network capacity post recent auctions. We shave revenue and Ebitda estimates by 2-7% over FY22-23.”

CLSA’s view concurred with that of JP Morgan and Goldman Sachs. “...with $24 billion in debt, of which 88% is for spectrum and AGR (adjusted gross revenue), it is headed for a financial crisis when annual payments come due,” said CLSA.
<\/p><\/body>","next_sibling":[{"msid":84054839,"title":"Vodafone Idea lenders dial Finance Ministry, want relief for telco","entity_type":"ARTICLE","link":"\/news\/vodafone-idea-lenders-dial-finance-ministry-want-relief-for-telco\/84054839","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"84054230","title":"Vodafone Idea Q4 results: Net loss widens to Rs 6,985 crore","entity_type":"IMAGES","seopath":"markets\/stocks\/news\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides\/vodafone-idea-q4-results-net-loss-widens-to-rs-6985-crore","category_name":"No end to Vodafone Idea woes; analysts stay bearish, stock slides","synopsis":"Some have target prices that predict that the stock will be reduced to a third of the current value in the next year. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-96883\/84054230.cms?width=150&height=112","link":"\/image\/markets\/stocks\/news\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides\/vodafone-idea-q4-results-net-loss-widens-to-rs-6985-crore\/84054230"},{"msid":"83991293","title":"Vodafone Idea Q4 results: Net loss widens to Rs 6,985 crore","entity_type":"ARTICLE","seopath":"markets\/stocks\/earnings\/vodafone-idea-q4-loss-widens-to-rs-6985-crore","category_name":"Earnings","synopsis":"Vodafone Idea was hurt by an exceptional loss even as the absence of interconnection usage charge (IUC) dragged revenue.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-340124\/83991293.cms?width=150&height=112","link":"\/news\/markets\/stocks\/earnings\/vodafone-idea-q4-loss-widens-to-rs-6985-crore\/83991293"},{"msid":"84010793","title":"Auditor doubts Voda Idea\u2019s ability to remain a 'going concern'; analysts see 48% drop in stock","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/auditor-doubts-voda-ideas-ability-to-remain-a-going-concern-analysts-see-48-drop-in-stock","category_name":"News","synopsis":"The streak of losses made the auditor of the telecom operator raise concerns over the telco's ability to remain a 'going concern\u2019. Analysts have set price targets as low as Rs 5 on the stock, suggesting a potential 48 per cent plunge.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-375225\/84010793.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/auditor-doubts-voda-ideas-ability-to-remain-a-going-concern-analysts-see-48-drop-in-stock\/84010793"},{"msid":"84013415","title":"What brokerages are saying about Vodafone Idea post Q4 earnings","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/what-brokerages-are-saying-about-vodafone-idea-post-q4-earnings","category_name":"News","synopsis":"Analysts said Vodafone Idea's capital expenditure continues to lag that of peers, which is why the underperformance is likely to continue.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-171566\/84013415.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/what-brokerages-are-saying-about-vodafone-idea-post-q4-earnings\/84013415"}],"msid":84054873,"entity_type":"ARTICLE","title":"No end to Vodafone Idea woes; analysts stay bearish, stock slides","synopsis":"\u200b\u200bAnalysts said Vodafone Idea\u2019s capital expenditure continues to lag that of peers, which is why the underperformance is likely to continue.","titleseo":"telecomnews\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":200,"shares":0,"engagementtimems":1000000},"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2021-07-02 07:44:22","lastupd":"2021-07-02 07:45:26","breadcrumbTags":["vodafone idea shares","Vodafone Idea share price target","Goldman Sachs","Vodafone Idea","Credit Suisse","Vodafone Idea Q4","Vodafone Idea stock","Vodafone Idea news","Industry","Vodafone idea share price"],"secinfo":{"seolocation":"telecomnews\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-07-02" data-index="article_1">

没有结束沃达丰思想困境;股票分析师保持悲观,幻灯片

分析师表示,沃达丰(Vodafone)想法的资本支出,继续落后于同龄人,这就是为什么表现不佳可能继续。

  • 更新于2021年7月2日07:45点坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士

孟买:大多数券商保持悲观的看法沃达丰的想法公司亏损6985。1卢比的3季度和提高其生存能力的担忧。

有目标价格预测,股票将会减少到三分之一的当前值在明年。里昂证券(CLSA)和瑞士信贷(Credit Suisse)保持一个表现不佳的评级,摩根大通的减持与目标价的Rs 3和建议高盛(Goldman Sachs)有一个销售目标价的Rs 3。周四股市暴跌8.8%,至9.07卢比。它今年迄今已下跌19%。

分析师表示,沃达丰(Vodafone)想法的资本支出,继续落后于同龄人,这就是为什么表现不佳可能继续。“沃达丰的想法有大量到期2021年12月开始,目前的息税前利润增长率,我们估计该公司有23400卢比现金短缺,直到2022年4月,”高盛(Goldman Sachs)说。

摩根大通表示,沃达丰的想法仍然是挑战与资本支出的需要加速关闭网络差距和高杠杆的资产负债表。“六世继续斗争的极端市场效益同行以更大的规模和提高网络容量后最近的拍卖。我们节省的收入和在FY22-23 Ebitda估计2 - 7%。”

广告
里昂证券的观点同意,摩根大通和高盛(Goldman Sachs)。“…与240亿美元的债务,其中88%用于光谱和AGR(调整后的总收益),这是走向金融危机年度支付到期时,”里昂证券(CLSA)说。

  • 发布于2021年7月2日07:44点坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序

Mumbai: Most brokerages have maintained a bearish view on Vodafone Idea<\/a> as the company posted a loss of Rs 6,985.1 crore for the March quarter and raised concerns over its viability.

Some have target prices that predict that the stock will be reduced to a third of the current value in the next year. CLSA and
Credit Suisse<\/a> have maintained an underperform rating, JP Morgan has an underweight recommendation with a price target of Rs 3 and Goldman Sachs<\/a> has a sell with a price target of Rs 3. The stock plunged 8.8% to Rs 9.07 Thursday. It has fallen 19% so far this year.

Analysts said Vodafone Idea’s capital expenditure continues to lag that of peers, which is why the underperformance is likely to continue. “Vodafone Idea has large repayments due starting December 2021, and at the current Ebitda run-rate, we estimate the company could have a Rs 23,400 crore cash shortfall until April 2022,” said Goldman Sachs.

\"\"
<\/span><\/figcaption><\/figure>JP Morgan said Vodafone Idea remains challenged with the need for capex acceleration for closing network gaps and a highly levered balance sheet. “Vi continues to struggle in a polarising market that benefits peers with greater scale and improving network capacity post recent auctions. We shave revenue and Ebitda estimates by 2-7% over FY22-23.”

CLSA’s view concurred with that of JP Morgan and Goldman Sachs. “...with $24 billion in debt, of which 88% is for spectrum and AGR (adjusted gross revenue), it is headed for a financial crisis when annual payments come due,” said CLSA.
<\/p><\/body>","next_sibling":[{"msid":84054839,"title":"Vodafone Idea lenders dial Finance Ministry, want relief for telco","entity_type":"ARTICLE","link":"\/news\/vodafone-idea-lenders-dial-finance-ministry-want-relief-for-telco\/84054839","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"84054230","title":"Vodafone Idea Q4 results: Net loss widens to Rs 6,985 crore","entity_type":"IMAGES","seopath":"markets\/stocks\/news\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides\/vodafone-idea-q4-results-net-loss-widens-to-rs-6985-crore","category_name":"No end to Vodafone Idea woes; analysts stay bearish, stock slides","synopsis":"Some have target prices that predict that the stock will be reduced to a third of the current value in the next year. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-96883\/84054230.cms?width=150&height=112","link":"\/image\/markets\/stocks\/news\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides\/vodafone-idea-q4-results-net-loss-widens-to-rs-6985-crore\/84054230"},{"msid":"83991293","title":"Vodafone Idea Q4 results: Net loss widens to Rs 6,985 crore","entity_type":"ARTICLE","seopath":"markets\/stocks\/earnings\/vodafone-idea-q4-loss-widens-to-rs-6985-crore","category_name":"Earnings","synopsis":"Vodafone Idea was hurt by an exceptional loss even as the absence of interconnection usage charge (IUC) dragged revenue.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-340124\/83991293.cms?width=150&height=112","link":"\/news\/markets\/stocks\/earnings\/vodafone-idea-q4-loss-widens-to-rs-6985-crore\/83991293"},{"msid":"84010793","title":"Auditor doubts Voda Idea\u2019s ability to remain a 'going concern'; analysts see 48% drop in stock","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/auditor-doubts-voda-ideas-ability-to-remain-a-going-concern-analysts-see-48-drop-in-stock","category_name":"News","synopsis":"The streak of losses made the auditor of the telecom operator raise concerns over the telco's ability to remain a 'going concern\u2019. Analysts have set price targets as low as Rs 5 on the stock, suggesting a potential 48 per cent plunge.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-375225\/84010793.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/auditor-doubts-voda-ideas-ability-to-remain-a-going-concern-analysts-see-48-drop-in-stock\/84010793"},{"msid":"84013415","title":"What brokerages are saying about Vodafone Idea post Q4 earnings","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/what-brokerages-are-saying-about-vodafone-idea-post-q4-earnings","category_name":"News","synopsis":"Analysts said Vodafone Idea's capital expenditure continues to lag that of peers, which is why the underperformance is likely to continue.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-171566\/84013415.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/what-brokerages-are-saying-about-vodafone-idea-post-q4-earnings\/84013415"}],"msid":84054873,"entity_type":"ARTICLE","title":"No end to Vodafone Idea woes; analysts stay bearish, stock slides","synopsis":"\u200b\u200bAnalysts said Vodafone Idea\u2019s capital expenditure continues to lag that of peers, which is why the underperformance is likely to continue.","titleseo":"telecomnews\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":200,"shares":0,"engagementtimems":1000000},"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2021-07-02 07:44:22","lastupd":"2021-07-02 07:45:26","breadcrumbTags":["vodafone idea shares","Vodafone Idea share price target","Goldman Sachs","Vodafone Idea","Credit Suisse","Vodafone Idea Q4","Vodafone Idea stock","Vodafone Idea news","Industry","Vodafone idea share price"],"secinfo":{"seolocation":"telecomnews\/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides"}}" data-news_link="//www.iser-br.com/news/no-end-to-vodafone-idea-woes-analysts-stay-bearish-stock-slides/84054873">