The Company is virtually debt free. Amidst the current lockdown due to COVID-19 pandemic, the debt-free companies have an extra edge over its peers by the investors. The concern of repaying the interest on the Loans amid dampened revenue and cash flows would not be the case for ITC.
The
shares of
ITC, a tobacco and FMCG major, have been underperforming the market for a while
now, raising concerns for its shareholders.
ITC: Value buy or value trap?
| Brokerages on ITC | Recommendation | Target Price |
|---|
| CLSA | Buy | ₹ 220 |
| Centrum | Buy | ₹260 |
| B&K Securities | Buy | ₹353 |
| Kotak Institutional Securities | Buy | ₹240 |
If the management is unable to do so, and cannot maintain or grow its cash flow from the tobacco business, ITC will continue to trade at a cheap valuation and will be a value trap. If you invest in ITC, you must have the conviction on its non-tobacco business over the long term.
| Best Value Stocks |
|---|
| Price ($) | 12-Month Trailing P/E Ratio |
| Brighthouse Financial Inc. (BHF) | 29.63 | 1.4 |
| Brookfield Property REIT Inc. (BPYU) | 14.58 | 1.4 |
| NRG Energy Inc. (NRG) | 33.04 | 2.1 |
ITC has built 25 world-class mother brands within a short span of time. ITC's new FMCG brands currently represent nearly H16,000 crores in terms of annualised consumer spend, and several of the Company's brands have assumed market leadership in a short period of time.
The growing global trend of investing in a stock by measuring sustainability and the social impact of the investment is hurting the stock performance of ITC Ltd despite a stellar show by its businesses, the management of the company acknowledged on Friday.
Now, ITC awaits a bigger hurdle of Rs 208 - its 200-DMA, breaking which the stock is likely to regain some of its lost charm. ITC has been a laggard in recent times with the shares declining 6 per cent in the past three years compared to a 17 per cent gain in the Nifty and a 28 per cent rise in the Nifty FMCG index.
All applications should be created and submitted through the ITC online application system.
- Select a job opening. All job openings (fixed term and many temporary opportunities) are published on the ITC website.
- Create your account.
- Complete your e-PHF.
- Submit your e-PHF.
ITC is an equal opportunity employer that recognizes the value of a diverse workforce.
BENEFITS TO EMPLOYEES INCLUDE:
- Health & Prescription Drug Program.
- Dental Coverage.
- Vision.
- Life & Accidental Coverage.
- Disability Coverage.
- Retirement & Savings Plan.
- Paid Time Off (PTO)
- Education Assistance.
ITC doesn't offer fancy job titles but offers you a meaningful job and a rewarding career. It gives an individual an opportunity to work in different areas, functions and businesses. ITC puts immense trust in its employees and it's a privilege to work for this world-class organisation.
ITC gives you the opportunity to work in different segments like tobacco, foods, personal products in various roles like production, supply chain, product specialists etc.
A major contributor to this article appears to have a close connection with its subject.
| Revenue | US$3.36 billion (2019) |
| Net income | US$532 million (2019) |
| Number of employees | 13,000 |
| Divisions | Silicon Design & Verification, Silicon Intellectual Property, Software Integrity Group |
| Website | synopsys.com |
Figures are for fiscal year ended Oct.
Company Info.
| CEO | Aart J. de Geus/Chi-Foon Chan |
|---|
| HQ Location | Mountain View, Calif. |
| Website | synopsys.com |
| Years on Fortune 500 List | - |
| Employees | 13,245 |
Synopsys is at the forefront of Smart Everything with the world's most advanced technologies for chip design, verification, IP integration, and software security and quality testing. We help our customers innovate from silicon to software so they can bring Smart Everything to life.
