Handelsavisen
prelaunch
Companies Industrials PHOE.NS
PH
PHOE.NS NSE (India) Diversified Construction & Engineering

Phoe.Ns

$1 771,80
Open in Charts → Attach watcher ⌖
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
0,14 %
Op margin
50,8 %
ROE
11,1 %
Net margin
27,7 %
Debt / equity
0,48
Beta
52w range
Volume
123
Day range
$16,21–$16,99
Prev close
$17,20
Open
$16,51
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Phoenician Developers Limited (PHOE.NS) is engaged in real estate rental, development, and operations, generating revenue primarily through property sales and leasing activities.

Business. Phoenix Asia Holdings Ltd (PHOE.O) is a construction and engineering company operating within the Industrial & Commercial Services sector. The firm is headquartered in Asia and is primarily listed on the NASDAQ stock exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification99 %
SectorIndustrials
Industry groupDiversified Construction & Engineering
Generated · model-assisted
Sell-side consensus
BUY18 analysts
16 buy1 hold1 sell
Avg 12m price target2 009,00

Analyst recommendations

18 analysts · consensus Buy
Buy16
Hold1
Sell1
12-month price target
2 009,00
Consensus of sell-side coverage.
Upcoming events
  • EarningsQ2 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
18 analysts · indicative
Ownership
not yet wired
Profitability
11,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning PHOE.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to PHOE.NS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ2 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Phoenix Asia Holdings Ltd (PHOE.O) is a construction and engineering company operating within the Industrial & Commercial Services sector. The firm is headquartered in Asia and is primarily listed on the NASDAQ stock exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification99 %
    SectorIndustrials
    Industry groupDiversified Construction & Engineering
    AI synthesis
    GENERATED

    The company maintains a debt-to-equity ratio of 0.48, indicating a relatively conservative capital structure, and a current ratio of 1.29, suggesting moderate liquidity. However, the firm's net cash position is negative after subtracting total debt, signaling potential liquidity constraints. The return on equity (ROE) is 11.14%, and the return on assets (ROA) is 5.36%, both of which are strong indicators of profitability and efficient asset utilization.

    In terms of profitability, the company's ROE and ROA are well above the industry median for real estate firms, which typically range between 8% and 10% for ROE and 3% to 5% for ROA. This suggests that the company is outperforming its peers in generating returns for shareholders and utilizing its assets effectively.

    Geographically, the company's revenue is concentrated in India, with no significant international exposure disclosed. The firm's revenue is primarily derived from property development and sales, with a smaller portion from rental income. This concentration may expose the company to regional economic fluctuations and regulatory changes.

    The company's growth trajectory is positive, with a strong operating cash flow of INR 24.26 billion and a free cash flow of INR 4.31 billion. These figures indicate the company's ability to fund operations and future growth without external financing. The capital expenditure of INR -13.97 billion suggests that the company is investing in its development projects, which could drive future revenue growth.

    The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's net cash is negative after subtracting total debt, which could affect its ability to meet short-term obligations. However, the dilution risk is low, suggesting that the company is not likely to issue additional shares in the near term, which is favorable for existing shareholders.

    Recent events, including analyst estimates and recommendations, show a positive outlook for the company. The mean price target is INR 2,009.00, with a median of INR 2,000.00, and the mean recommendation is 1.78, indicating a strong buy sentiment. The company has received 7 strong-buy and 9 buy ratings, with only 1 hold rating, reflecting investor confidence in its future performance.

    Key takeaways
    • The company has a strong ROE and ROA, indicating efficient asset utilization and profitability.
    • The company's capital structure is conservative, with a debt-to-equity ratio of 0.48.
    • The company's liquidity is moderate, with a current ratio of 1.29 and a negative net cash position after subtracting total debt.
    • The company's growth is supported by strong operating and free cash flows, with significant capital expenditures.
    • The company has a low dilution risk, which is favorable for existing shareholders.
    • Analysts have a positive outlook, with a mean price target of INR 2,009.00 and a mean recommendation of 1.78.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $1 771,80
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $109.89B
    Net cash
    -$45.00B
    Current ratio
    1.3
    Debt / equity
    0.5
    ROA
    5.4%
    ROE
    11.1%
    Cash conversion
    198.0%
    CapEx / revenue
    -31.6%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Civil Infrastructure Construction
    low · business_description · 2026-07-03
    Mechanical Construction
    low · business_description · 2026-07-03

    Market share

    INDUSTRYSEGMENTCOMPANYIndustrialsIndustryDiversified Construction & Engineering185,7B node revenuePWR 15,3%EME 9,2%ACM 8,7%FLR 8,3%AMTM 7,8%MTZ 7,7%FIX 4,9%APG 4,3%Other 33,9%
    Source: company disclosures · own-taxonomy revenue-covered set · attribution: collision-suspect (indicative)PHOE 0,0% · rank #37 of 41

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    Peer comparison8 peers · vs PHOE · multiples and returns
    PW
    PWR
    Quanta Services Inc
    $686,00
    104,5B USD
    P/E
    104,5x
    -462,7 vs self
    Div yield
    0,1 %
    vs self
    ROE
    10,7 %
    -22,3 vs self
    EM
    EME
    Emcor Group Inc
    $817,42
    36,5B USD
    P/E
    26,1x
    -541,1 vs self
    Div yield
    0,1 %
    vs self
    ROE
    31,2 %
    -1,8 vs self
    AC
    ACM
    Aecom
    $74,80
    9,8B USD
    P/E
    19,7x
    -547,5 vs self
    Div yield
    vs self
    ROE
    24,7 %
    -8,3 vs self
    FL
    FLR
    Fluor Corp
    $50,17
    7,6B USD
    P/E
    23,4x
    -543,8 vs self
    Div yield
    vs self
    ROE
    10,8 %
    -22,2 vs self
    AM
    AMTM
    AMENTUM HOLDINGS, INC.
    $22,98
    5,6B USD
    P/E
    38,1x
    -529,1 vs self
    Div yield
    vs self
    ROE
    3,3 %
    -29,7 vs self
    MT
    MTZ
    Mastec Inc
    $261,22
    20,6B USD
    P/E
    77,8x
    -489,4 vs self
    Div yield
    vs self
    ROE
    12,1 %
    -20,9 vs self
    FI
    FIX
    Comfort Systems USA Inc
    $1 770,96
    62,4B USD
    P/E
    60,4x
    -506,8 vs self
    Div yield
    0,1 %
    vs self
    ROE
    36,3 %
    +3,3 vs self
    AP
    APG
    Api Group Corp
    $39,84
    17,4B USD
    P/E
    59,5x
    -507,7 vs self
    Div yield
    vs self
    ROE
    8,6 %
    -24,4 vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    42,81
    Predicted surprise
    -0,00
    Beat probability
    45 %
    Analysts
    18
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-06 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate42,81
    Revenueno estimateno estimate49,8B INR
    Operating incomeno estimateno estimate25,8B INR
    Full-year consensus mean (period as reported by source) · consensus in INR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution18 analysts
    Strong buy7
    Buy9
    Hold1
    Sell1
    Strong sell0
    12-month price target$2 009,00 · Median $2 000,00
    Low $1 700,00High $2 307,00
    Operating income · consensus25,8B INR
    EPS surprise
    −18,2 %
    reported vs consensus · miss
    Revenue surprise
    −11,2 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$1 700,00
    Mean$2 009,00
    Median$2 000,00
    High$2 307,00
    Spot$1 771,80
    +13.4 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin50,8 %Best in class
    Net Margin27,7 %Best in class
    ROE11,1 %Above median
    Capex / Rev-31,6 %Bottom quartile
    D/E0,48Below median
    Cash Conv1,98Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • PHOE.NS Market data — financials · 2026-05-28
    • Phoenix Mills Ltd Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    12.2Kshares short+25.1% vs prior
    1days to cover
    47.8%short of daily vol
    1.3Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    PHOE.NSCanonical
    NSE (India) · USD

    Intel & risk

    PredictorBeat prob45 %Surprise-0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    • Gross margin (FY 2025-03-31): 29.5%Derived (calculated)
    • Net margin (FY 2025-03-31): 13.9%Derived (calculated)
    • Capex (YoY) (2025-03-31 vs 2023-03-31): 81.7%Derived (calculated)
    • Cost of revenue (YoY) (2025-03-31 vs 2024-03-31): 21.6%Derived (calculated)
    • EPS (basic) (YoY) (2025-03-31 vs 2024-03-31): -14.3%Derived (calculated)
    • EPS (diluted) (YoY) (2025-03-31 vs 2024-03-31): -14.3%Derived (calculated)
    • Gross profit (YoY) (2025-03-31 vs 2024-03-31): 46.6%Derived (calculated)
    • Net income (YoY) (2025-03-31 vs 2024-03-31): -2.9%Derived (calculated)
    • Operating cash flow (YoY) (2025-03-31 vs 2024-03-31): 118.5%Derived (calculated)
    • Operating income (YoY) (2025-03-31 vs 2024-03-31): 5.3%Derived (calculated)
    • Revenue (YoY) (2025-03-31 vs 2024-03-31): 28.1%Derived (calculated)
    • Operating cash flow (annual): USD 1.18MSEC XBRL filing
    • Capex (annual): USD 41.09KSEC XBRL filing
    • EPS (diluted) (annual): USD-PER-SHARES 0SEC XBRL filing
    • Revenue (annual): USD 7.37MSEC XBRL filing
    • Operating income (annual): USD 1.3MSEC XBRL filing
    • Gross profit (annual): USD 2.18MSEC XBRL filing
    • Total operating expenses (annual): USD 878.19KSEC XBRL filing
    • Net income (annual): USD 1.03MSEC XBRL filing
    • Cost of revenue (annual): USD 5.19MSEC XBRL filing
    • Pre-tax income (annual): USD 1.3MSEC XBRL filing
    • EPS (basic) (annual): USD-PER-SHARES 0SEC XBRL filing
    • Gross margin (FY 2024-03-31): 25.8%Derived (calculated)
    • Net income (YoY) (2024-03-31 vs 2023-03-31): 201.0%Derived (calculated)
    Showing 24 of 51 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-05-04FILING6-K filing →
    2026-03-31FILING6-K filing →
    2025-11-03FILING6-K filing →
    2025-09-02FILING6-K filing →
    2025-08-12FILING20-F filing →
    2025-07-11FILING6-K filing →
    2025-06-11FILING6-K filing →
    2025-04-30FILING6-K filing →
    2025-04-25FILING424B4 filing →
    2025-04-25FILING424B3 filing →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage