BHARATFORG:NSE-Bharat Forge Limited (INR)

COMMON STOCK | Auto Parts | NSE

Last Closing Price

INR 575.05

Change

-15.50 (-2.62)%

Market Cap

INR 275.05B

Volume

2.27M

Average Target Price

INR 538.17 (-6.41%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Bharat Forge Limited manufactures and sells forged and machined components in India and internationally. It operates in two segments, Forgings and Others. The company offers automotive components, including crankshafts, connecting rods, emission/ after treatment, fuel injection systems, chassis, and transmission and driveline; and power generation components for thermal, hydro, and wind energy. It also provides oil and gas forging products, such as subsea, surface, and drilling components; rail products comprising engine and bogie components, turbochargers, and power electronics; and marine products that include crankshafts, connecting rods, and propeller shafts. In addition, the company offers various components for the aviation sector, which comprise fan blades, compressors, turbines, aero structures, and landing gear components; construction and mining products, including tracklink, front spindles, machined crankshaft, and injector bodies; and electric power-train products, such as full powertrain solutions, systems and sub systems, and parts for powertrain. Further, it design engineering and product development solutions. The company was founded in 1961 and is headquartered in Pune, India.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-15 )

Largest Industry Peers for Auto Parts

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

-3.70 (-1.75%)

INR668.22B 131.27 16.56
BOSCHLTD:NSE Bosch Limited

-240.35 (-1.73%)

INR409.87B 510.70 107.44
MRF:NSE MRF Limited

-1,691.10 (-2.05%)

INR351.09B 21.59 10.74
BALKRISIND:NSE Balkrishna Industries Limited

+4.60 (+0.27%)

INR323.58B 30.46 17.73
TIINDIA:NSE Tube Investments of India Limi..

-33.75 (-2.97%)

INR219.41B 106.09 44.32
ENDURANCE:NSE Endurance Technologies Limited

-4.75 (-0.37%)

INR182.69B 41.61 19.39
EXIDEIND:NSE Exide Industries Limited

-1.80 (-1.00%)

INR152.49B 20.73 9.40
SUNDRMFAST:NSE Sundram Fasteners Limited

-8.05 (-1.13%)

INR149.12B 54.63 28.12
MINDAIND:NSE Minda Industries Limited

-3.60 (-0.71%)

INR138.91B 172.78 28.21
AMARAJABAT:NSE Amara Raja Batteries Limited

-3.25 (-0.40%)

INR137.58B 23.13 12.00

ETFs Containing BHARATFORG

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 6.87% 58% F 60% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.87% 57% F 60% D-
Trailing 12 Months  
Capital Gain 141.16% 85% B 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 141.16% 85% B 77% C+
Trailing 5 Years  
Capital Gain -30.72% 24% F 34% F
Dividend Return 2.29% 22% F 27% F
Total Return -28.43% 23% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -9.71% 20% F 25% F
Dividend Return 0.63% 42% F 47% F
Total Return -9.09% 20% F 25% F
Risk Return Profile  
Volatility (Standard Deviation) 35.01% 77% C+ 65% D
Risk Adjusted Return -25.96% 16% F 24% F
Market Capitalization 275.05B 95% A 91% 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
(Auto Parts)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 422.06 4% F 2% F
Price/Book Ratio 5.37 15% F 17% F
Price / Cash Flow Ratio 18.07 15% F 25% F
EV/EBITDA 97.36 6% F 6% F
Management Effectiveness  
Return on Equity -2.87% 28% F 25% F
Return on Invested Capital 4.27% 36% F 44% F
Return on Assets 0.11% 33% F 30% F
Debt to Equity Ratio 35.92% 32% F 33% F
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 1.35 28% F 25% 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

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.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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 total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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 earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.

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.

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.

Low Earnings Growth

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

Low Revenue Growth

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