BEL:NSE-Bharat Electronics Limited (INR)

COMMON STOCK | Aerospace & Defense | NSE

Last Closing Price

INR 207.05

Change

+0.85 (+0.41)%

Market Cap

INR 493.04B

Volume

3.16M

Avg Analyst Target

INR 226.50 (+9.39%)

Avg User Target

INR
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Bharat Electronics Limited, together with its subsidiaries, designs, manufactures, supplies, and exports electronic equipment and systems for the defense and civilian markets in India and internationally. Its defense products include defense communication products, land-based radars, naval systems, electronic warfare systems, avionics, electro optics, tank and armored fighting vehicle electronic systems, weapon systems, C4I systems, shelters and masts, simulators, and batteries; microwave tubes and power modules, microwave super components, digital multichannel data recorders, and hybrid micro circuits; and micro electro mechanical systems. The company's non-defense products comprise e-governance systems, homeland security products, civil radars, and telecom and broadcast systems; integrated traffic management systems, and solar power solutions; and PD and strategic products, silicon radiation detectors, passive vacuum devices, EMI filters, multichannel voice logging recorder systems, and digital multichannel data recorders. In addition, it offers electronic manufacturing services, such as PCB assembly and testing, precision machining and fabrication, optoelectronic components and assemblies, microwave integrated circuit assemblies, super components modules, cable assemblies and wiring harnesses, and antennae manufacturing services, as well as designs and manufactures transformers, coils, chokes, and sub-assemblies; and software services. The company also exports its products. Bharat Electronics Limited was incorporated in 1954 and is based in Bengaluru, India. Address: Outer Ring Road, Bengaluru, India, 560045

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-10-27 )

Largest Industry Peers for Aerospace & Defense

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HAL:NSE Hindustan Aeronautics Limited

-7.80 (-0.59%)

INR443.20B 13.49 6.54
BDL:NSE Bharat Dynamics Limited

+3.45 (+0.82%)

INR77.11B 24.52 12.20
COCHINSHIP:NSE Cochin Shipyard Limited

-1.05 (-0.30%)

INR46.58B 7.81 4.96
GRSE:NSE Garden Reach Shipbuilders & En..

+1.65 (+0.74%)

INR25.38B 13.50 N/A
ZENTEC:NSE Zen Technologies Limited

-3.35 (-1.55%)

INR17.22B 525.61 160.42
APOLLO:NSE Apollo Micro Systems Limited

+1.70 (+1.45%)

INR2.43B 24.57 10.35
RNAVAL:NSE Reliance Naval and Engineering..

N/A

INR2.32B N/A N/A

ETFs Containing BEL

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Aerospace & Defense)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 63.81% 88% B+ 66% D
Dividend Return 3.16% 86% B 86% B
Total Return 66.97% 88% B+ 68% D+
Trailing 12 Months  
Capital Gain 134.62% 88% B+ 71% C-
Dividend Return 4.53% 100% A+ 88% B+
Total Return 139.15% 88% B+ 72% C-
Trailing 5 Years  
Capital Gain 59.12% 67% D+ 61% D-
Dividend Return 10.03% 100% A+ 84% B
Total Return 69.15% 67% D+ 63% D
Average Annual (5 Year Horizon)  
Capital Gain 7.09% 63% D 41% F
Dividend Return 2.37% 71% C- 90% A-
Total Return 9.46% 63% D 43% F
Risk Return Profile  
Volatility (Standard Deviation) 49.34% 38% F 56% F
Risk Adjusted Return 19.18% 50% F 44% F
Market Capitalization 493.04B 100% A+ 94% A
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
(Aerospace & Defense)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 23.78 57% F 44% F
Price/Book Ratio 4.44 29% F 25% F
Price / Cash Flow Ratio 9.68 38% F 47% F
EV/EBITDA 13.38 33% F 48% F
Management Effectiveness  
Return on Equity 19.85% 86% B 83% B
Return on Invested Capital 18.46% 100% A+ 88% B+
Return on Assets 6.55% 100% A+ 73% C
Debt to Equity Ratio N/A N/A N/A N/A N/A
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 0.39 100% A+ 88% B+
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

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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 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.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.