BEL:NSE-Bharat Electronics Limited (INR)

COMMON STOCK | Aerospace & Defense | NSE

Last Closing Price

INR 124.30

Change

0.00 (0.00)%

Market Cap

INR 300.68B

Volume

8.88M

Average Target Price

INR 144.71 (+16.42%)
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, integrated traffic management systems, solar power solutions, and telecom and broadcast systems; 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. Bharat Electronics Limited was founded in 1954 and is based in Bengaluru, India.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-21 )

Largest Industry Peers for Aerospace & Defense

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

N/A

INR314.95B 11.06 6.42
BDL:NSE Bharat Dynamics Limited

N/A

INR59.71B 19.66 7.02
COCHINSHIP:NSE Cochin Shipyard Limited

N/A

INR46.03B 9.03 1.72
GRSE:NSE Garden Reach Shipbuilders & En..

N/A

INR20.17B 13.89 N/A
ZENTEC:NSE Zen Technologies Limited

N/A

INR5.85B 28.75 50.50
RNAVAL:NSE Reliance Naval and Engineering..

N/A

INR2.14B N/A N/A
APOLLO:NSE Apollo Micro Systems Limited

N/A

INR1.84B 21.54 8.55

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 -1.66% 88% B+ 46% F
Dividend Return 2.22% 80% B- 80% B-
Total Return 0.55% 88% B+ 50% F
Trailing 12 Months  
Capital Gain 62.27% 63% D 49% F
Dividend Return 5.48% 67% D+ 89% B+
Total Return 67.75% 63% D 52% F
Trailing 5 Years  
Capital Gain 6.29% 100% A+ 51% F
Dividend Return 11.37% 100% A+ 84% B
Total Return 17.67% 100% A+ 53% F
Average Annual (5 Year Horizon)  
Capital Gain 0.39% 50% F 44% F
Dividend Return 2.02% 86% B 63% D
Total Return 2.40% 50% F 46% F
Risk Return Profile  
Volatility (Standard Deviation) 37.48% 63% D 62% D-
Risk Adjusted Return 6.41% 50% F 47% F
Market Capitalization 300.68B 88% B+ 92% 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 16.92 57% F 56% F
Price/Book Ratio 3.08 14% F 28% F
Price / Cash Flow Ratio 11.70 50% F 33% F
EV/EBITDA 7.93 50% F 69% D+
Management Effectiveness  
Return on Equity 17.75% 86% B 85% B
Return on Invested Capital 20.26% 88% B+ 92% A-
Return on Assets 5.92% 100% A+ 78% 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 0.45 100% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

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.

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.

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.

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.

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.

Low Earnings Growth

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