APOLLOTYRE:NSE-Apollo Tyres Limited (INR)

COMMON STOCK | Auto Parts | NSE

Last Closing Price

INR 278.70

Change

+7.95 (+2.94)%

Market Cap

INR 173.66B

Volume

2.72M

Avg Analyst Target

INR 276.63 (-0.74%)

Avg User Target

INR
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


APOLLOTYRE Stock Forecast & Price:
Based on the Apollo Tyres Limited stock forecasts from 4 analysts, the average analyst target price for Apollo Tyres Limited is INR 276.63 over the next 12 months. Apollo Tyres Limited’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Apollo Tyres Limited is Slightly Bearish, which is based on 5 positive signals and 8 negative signals. At the last closing, Apollo Tyres Limited’s stock price was INR 278.70. Apollo Tyres Limited’s stock price has changed by -2.30% over the past week, +10.73% over the past month and +23.48% over the last year.

About Apollo Tyres Limited (APOLLOTYRE:NSE)

Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It offers passenger car, sports utility vehicle, multi utility vehicle, light truck, truck-bus, agriculture, industrial, speci ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-09-30 )

Largest Industry Peers for Auto Parts

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
MOTHERSUMI:NSE Motherson Sumi Systems Limited

N/A

INR559.73B 49.56 11.99
MOTHERSON:NSE Samvardhana Motherson Internat..

+3.20 (+3.02%)

INR515.56B 103.81 12.79
TIINDIA:NSE Tube Investments of India Limi..

+160.40 (+6.21%)

INR509.96B 740.50 31.83
SCHAEFFLER:NSE Schaeffler India Limited

+97.20 (+3.12%)

INR492.04B 61.90 38.84
BOSCHLTD:NSE Bosch Limited

+144.40 (+0.92%)

INR480.03B 36.31 23.10
BALKRISIND:NSE Balkrishna Industries Limited

+39.60 (+2.15%)

INR359.71B 25.48 15.89
MRF:NSE MRF Limited

+2,032.55 (+2.55%)

INR342.26B 54.56 14.71
BHARATFORG:NSE Bharat Forge Limited

+8.80 (+1.28%)

INR340.61B 30.21 16.89
UNOMINDA:NSE UNO Minda Limited

-2.70 (-0.48%)

INR324.75B 75.86 29.95
MINDAIND:NSE Minda Industries Limited

N/A

INR308.79B 84.11 29.97

ETFs Containing APOLLOTYRE

Symbol Name Weight Mer Price(Change) Market Cap
SCIF VanEck Vectors India Smal.. 0.00 % 0.83 %

N/A

INR0.07B

Market Performance

  Market Performance vs.
Industry/Classification (Auto Parts)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 27.17% 80% B- 81% B-
Dividend Return 1.48% 72% C- 70% C-
Total Return 28.66% 82% B- 82% B-
Trailing 12 Months  
Capital Gain 24.28% 70% C- 71% C-
Dividend Return 1.45% 70% C- 67% D+
Total Return 25.73% 70% C- 71% C-
Trailing 5 Years  
Capital Gain 13.41% 58% F 49% F
Dividend Return 5.29% 73% C 63% D
Total Return 18.70% 59% F 48% F
Average Annual (5 Year Horizon)  
Capital Gain 5.10% 49% F 31% F
Dividend Return 1.21% 77% C+ 71% C-
Total Return 6.31% 49% F 31% F
Risk Return Profile  
Volatility (Standard Deviation) 52.04% 49% F 56% F
Risk Adjusted Return 12.12% 48% F 30% F
Market Capitalization 173.66B 84% B 87% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Auto Parts)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 24.98 51% F 43% F
Price/Book Ratio 1.48 79% C+ 64% D
Price / Cash Flow Ratio 7.76 69% D+ 52% F
EV/EBITDA 8.20 69% D+ 61% D-
Management Effectiveness  
Return on Equity 5.51% 34% F 32% F
Return on Invested Capital 5.61% 39% F 43% F
Return on Assets 2.78% 39% F 40% F
Debt to Equity Ratio 37.51% 25% F 28% F
Technical Ratios  
Dividend Yield 1.14% 62% D- 60% D-
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 1.07 33% F 31% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector