BANCOINDIA:NSE-Banco Products (India) Limited (INR)

COMMON STOCK | Auto Parts | NSE

Last Closing Price

INR 167.95

Change

-6.25 (-3.59)%

Market Cap

INR 12.46B

Volume

0.38M

Avg Analyst Target

N/A

Avg User Target

INR
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Banco Products (India) Limited, together with its subsidiaries, designs, develops, manufactures, and sells automobile components for OEM markets in India and internationally. The company offers engine cooling modules, such as radiators, charged air coolers, fuel coolers, oil coolers, and condensers for passenger cars; light, medium, and heavy commercial vehicle; agricultural tractors; high performance bikes; harvesters; construction machineries; power generation equipment; traction rail locomotives; and other related equipment applications. It also exports its products. The company was founded in 1961 and is based in Vadodara, India.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-08-04 )

Largest Industry Peers for Auto Parts

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

-0.20 (-0.08%)

INR747.48B 71.95 16.26
BALKRISIND:NSE Balkrishna Industries Limited

-23.25 (-0.92%)

INR487.10B 41.37 23.44
BOSCHLTD:NSE Bosch Limited

+217.15 (+1.42%)

INR449.50B 93.25 44.44
BHARATFORG:NSE Bharat Forge Limited

-21.35 (-2.63%)

INR379.13B 422.06 56.04
MRF:NSE MRF Limited

-565.40 (-0.70%)

INR347.23B 26.91 10.06
ENDURANCE:NSE Endurance Technologies Limited

+1.75 (+0.10%)

INR246.14B 47.36 22.85
TIINDIA:NSE Tube Investments of India Limi..

+16.45 (+1.42%)

INR223.46B 76.59 32.01
MINDAIND:NSE Minda Industries Limited

-28.10 (-3.54%)

INR221.60B 107.21 28.19
SUNDRMFAST:NSE Sundram Fasteners Limited

+15.75 (+2.01%)

INR164.36B 45.76 23.95
EXIDEIND:NSE Exide Industries Limited

-0.15 (-0.09%)

INR147.05B 17.34 7.73

ETFs Containing BANCOINDIA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

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 14.60% 22% F 25% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 14.60% 20% F 25% F
Trailing 12 Months  
Capital Gain 110.46% 63% D 59% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 110.46% 63% D 58% F
Trailing 5 Years  
Capital Gain -19.91% 25% F 30% F
Dividend Return 14.78% 98% A+ 90% A-
Total Return -5.13% 31% F 34% F
Average Annual (5 Year Horizon)  
Capital Gain -1.67% 32% F 31% F
Dividend Return 3.01% 99% A+ 94% A
Total Return 1.35% 42% F 36% F
Risk Return Profile  
Volatility (Standard Deviation) 48.82% 54% F 53% F
Risk Adjusted Return 2.76% 41% F 36% F
Market Capitalization 12.46B 49% F 52% F
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 10.96 92% A- 78% C+
Price/Book Ratio 1.48 77% C+ 63% D
Price / Cash Flow Ratio 7.95 69% D+ 52% F
EV/EBITDA 5.93 94% A 85% B
Management Effectiveness  
Return on Equity 14.78% 84% B 71% C-
Return on Invested Capital 13.18% 87% B+ 78% C+
Return on Assets 7.75% 89% B+ 80% B-
Debt to Equity Ratio 0.71% 88% B+ 78% C+
Technical Ratios  
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 1.22 41% F 36% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

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:
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 earnings

The stock is trading low compared to its peers on a price to earning 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.

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.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow 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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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.

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.