CEAT（CEATLTD）株式概要CEAT社は、自動車用タイヤ、チューブ、フラップをインド国内外で製造・販売している。 詳細CEATLTD ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績5/6財務の健全性3/6配当金4/6報酬株価収益率（ 18.9 x） Indian市場（ 23.4 x）を下回っています。収益は年間14.71%増加すると予測されています 過去1年間で収益は47.7%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析多額の負債を抱えている 不安定な配当実績 すべてのリスクチェックを見るCEATLTD Community Fair Values Create NarrativeSee what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹3.26k13.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0257b2016201920222025202620282031Revenue ₹256.5bEarnings ₹11.4bAdvancedSet Fair ValueView all narrativesCEAT Limited 競合他社JK Tyre & IndustriesSymbol: BSE:530007Market cap: ₹106.2bApollo TyresSymbol: NSEI:APOLLOTYREMarket cap: ₹236.1bBalkrishna IndustriesSymbol: BSE:502355Market cap: ₹427.1bMRFSymbol: NSEI:MRFMarket cap: ₹537.7b価格と性能株価の高値、安値、推移の概要CEAT過去の株価現在の株価₹3,256.6052週高値₹4,438.0052週安値₹3,000.50ベータ0.521ヶ月の変化-12.14%3ヶ月変化-14.16%1年変化-14.01%3年間の変化54.59%5年間の変化146.85%IPOからの変化1,699.23%最新ニュースPrice Target Changed • May 17Price target decreased by 7.1% to ₹3,869Down from ₹4,166, the current price target is an average from 17 analysts. New target price is 20% above last closing price of ₹3,212. Stock is down 16% over the past year. The company is forecast to post earnings per share of ₹152 for next year compared to ₹173 last year.分析記事 • May 14Here's Why We Think CEAT (NSE:CEATLTD) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Apr 29CEAT Limited Recommends Dividend for the Fiscal Year 2025-2026CEAT Limited at its board of directors meeting held on April 28, 2026, recommended a dividend of INR 35.00 per share, i.e. 350% per equity share of face value of INR 10each fully paid up, for fiscal year 2025-2026, subject to approval of shareholders at the upcoming Annual General Meeting, which will be paid /dispatched within 30 days of such approval.お知らせ • Apr 06CEAT Limited to Report Fiscal Year 2026 Results on Apr 28, 2026CEAT Limited announced that they will report fiscal year 2026 results on Apr 28, 2026分析記事 • Jan 29We Think CEAT (NSE:CEATLTD) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Jan 20Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹38.59 (up from ₹24.01 in 3Q 2025). Revenue: ₹41.6b (up 26% from 3Q 2025). Net income: ₹1.56b (up 60% from 3Q 2025). Profit margin: 3.7% (up from 2.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesPrice Target Changed • May 17Price target decreased by 7.1% to ₹3,869Down from ₹4,166, the current price target is an average from 17 analysts. New target price is 20% above last closing price of ₹3,212. Stock is down 16% over the past year. The company is forecast to post earnings per share of ₹152 for next year compared to ₹173 last year.分析記事 • May 14Here's Why We Think CEAT (NSE:CEATLTD) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Apr 29CEAT Limited Recommends Dividend for the Fiscal Year 2025-2026CEAT Limited at its board of directors meeting held on April 28, 2026, recommended a dividend of INR 35.00 per share, i.e. 350% per equity share of face value of INR 10each fully paid up, for fiscal year 2025-2026, subject to approval of shareholders at the upcoming Annual General Meeting, which will be paid /dispatched within 30 days of such approval.お知らせ • Apr 06CEAT Limited to Report Fiscal Year 2026 Results on Apr 28, 2026CEAT Limited announced that they will report fiscal year 2026 results on Apr 28, 2026分析記事 • Jan 29We Think CEAT (NSE:CEATLTD) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Jan 20Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹38.59 (up from ₹24.01 in 3Q 2025). Revenue: ₹41.6b (up 26% from 3Q 2025). Net income: ₹1.56b (up 60% from 3Q 2025). Profit margin: 3.7% (up from 2.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 06CEAT Limited to Report Q3, 2026 Results on Jan 19, 2026CEAT Limited announced that they will report Q3, 2026 results on Jan 19, 2026分析記事 • Dec 26Estimating The Intrinsic Value Of CEAT Limited (NSE:CEATLTD)Key Insights Using the 2 Stage Free Cash Flow to Equity, CEAT fair value estimate is ₹3,299 Current share price of...分析記事 • Dec 11We Like These Underlying Return On Capital Trends At CEAT (NSE:CEATLTD)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Buy Or Sell Opportunity • Dec 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₹3,909. The fair value is estimated to be ₹3,239, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.分析記事 • Nov 19Why We're Not Concerned About CEAT Limited's (NSE:CEATLTD) Share PriceWhen close to half the companies in India have price-to-earnings ratios (or "P/E's") below 26x, you may consider CEAT...分析記事 • Oct 28Is CEAT (NSE:CEATLTD) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Buy Or Sell Opportunity • Oct 20Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to ₹4,204. The fair value is estimated to be ₹3,245, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.Reported Earnings • Oct 19Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹45.98 (up from ₹30.13 in 2Q 2025). Revenue: ₹37.8b (up 14% from 2Q 2025). Net income: ₹1.86b (up 53% from 2Q 2025). Profit margin: 4.9% (up from 3.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 45%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 35% per year.お知らせ • Oct 06CEAT Limited to Report Q2, 2026 Results on Oct 17, 2025CEAT Limited announced that they will report Q2, 2026 results on Oct 17, 2025分析記事 • Aug 03CEAT (NSE:CEATLTD) Is Paying Out A Dividend Of ₹30.00CEAT Limited ( NSE:CEATLTD ) will pay a dividend of ₹30.00 on the 20th of September. The dividend yield will be 0.9...分析記事 • Aug 03CEAT's (NSE:CEATLTD) Returns On Capital Are Heading HigherWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Santrupt Misra was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Jul 26Dividend of ₹30.00 announcedDividend of ₹30.00 is the same as last year. Ex-date: 8th August 2025 Payment date: 20th September 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 25CEAT Limited, Annual General Meeting, Aug 21, 2025CEAT Limited, Annual General Meeting, Aug 21, 2025, at 15:00 Indian Standard Time.Reported Earnings • Jul 18First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: ₹27.80 (down from ₹38.11 in 1Q 2025). Revenue: ₹35.3b (up 11% from 1Q 2025). Net income: ₹1.12b (down 27% from 1Q 2025). Profit margin: 3.2% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 46% per year.分析記事 • Jul 09Estimating The Fair Value Of CEAT Limited (NSE:CEATLTD)Key Insights The projected fair value for CEAT is ₹4,532 based on 2 Stage Free Cash Flow to Equity Current share price...Buy Or Sell Opportunity • Jul 01Now 20% undervaluedOver the last 90 days, the stock has risen 26% to ₹3,656. The fair value is estimated to be ₹4,584, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.分析記事 • Jun 20CEAT (NSE:CEATLTD) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹3,576, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 25x in the Auto Components industry in India. Total returns to shareholders of 231% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹4,443 per share.Price Target Changed • May 04Price target increased by 8.5% to ₹3,670Up from ₹3,383, the current price target is an average from 18 analysts. New target price is 8.7% above last closing price of ₹3,376. Stock is up 33% over the past year. The company is forecast to post earnings per share of ₹183 for next year compared to ₹117 last year.分析記事 • May 02CEAT Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for CEAT Limited ( NSE:CEATLTD ) shareholders, because the company has just released its latest...Reported Earnings • Apr 30Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹117 (down from ₹159 in FY 2024). Revenue: ₹132.4b (up 11% from FY 2024). Net income: ₹4.73b (down 27% from FY 2024). Profit margin: 3.6% (down from 5.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 15Potential Upside For CEAT Limited (NSE:CEATLTD) Not Without RiskWith a median price-to-earnings (or "P/E") ratio of close to 25x in India, you could be forgiven for feeling...お知らせ • Apr 14CEAT Limited to Report Fiscal Year 2025 Results on Apr 29, 2025CEAT Limited announced that they will report fiscal year 2025 results on Apr 29, 2025お知らせ • Apr 11CEAT Limited Announces Resignation of Pravinsingh Pratapsingh Pardeshi as Non-Executive Independent Director, Member of Sustainability and Corporate Social Responsibility Committee and Stakeholders Relationship Committee, Effective April 10, 2025CEAT Limited announced that Pravinsingh Pratapsingh Pardeshi (DIN: 01658052), Non-Executive Independent Director, has tendered resignation as a Non-Executive, Independent Director of the Company with effect from the close of business hours of April 10, 2025 due to other pre-occupations and consequently, he also ceases to be the Member of Sustainability and Corporate Social Responsibility Committee and Stakeholders Relationship Committee of the Board.分析記事 • Mar 11These 4 Measures Indicate That CEAT (NSE:CEATLTD) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Feb 22Calculating The Fair Value Of CEAT Limited (NSE:CEATLTD)Key Insights The projected fair value for CEAT is ₹2,544 based on 2 Stage Free Cash Flow to Equity Current share price...お知らせ • Feb 18CEAT Limited Announces Resignation of Ranjit Vasant Pandit as Non-Executive Independent DirectorCEAT Limited informed that Mr. Ranjit Vasant Pandit, Non-Executive Independent Director, has tendered resignation, conveying that in view of completion of nearly ten years on the Board, he wishes to relinquish the position of Director on the Board of the Company, with effect from close of business hours on March 2, 2025. Names of listed entities in which the director holds directorships; Great Eastern Shipping Company Limited and Just Dial Limited (Independent Director) Committee Membership in Just Dial Limited: Audit Committee Chairman.分析記事 • Jan 18CEAT Limited Just Missed EPS By 11%: Here's What Analysts Think Will Happen NextLast week saw the newest third-quarter earnings release from CEAT Limited ( NSE:CEATLTD ), an important milestone in...Reported Earnings • Jan 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: ₹24.01 (down from ₹44.87 in 3Q 2024). Revenue: ₹33.0b (up 12% from 3Q 2024). Net income: ₹971.1m (down 47% from 3Q 2024). Profit margin: 2.9% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 04CEAT Limited to Report Q3, 2025 Results on Jan 15, 2025CEAT Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 15, 2025分析記事 • Dec 30There's Been No Shortage Of Growth Recently For CEAT's (NSE:CEATLTD) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Price Target Changed • Oct 27Price target increased by 7.0% to ₹3,236Up from ₹3,023, the current price target is an average from 18 analysts. New target price is 18% above last closing price of ₹2,748. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹141 for next year compared to ₹159 last year.分析記事 • Oct 20Earnings Miss: CEAT Limited Missed EPS By 15% And Analysts Are Revising Their ForecastsCEAT Limited ( NSE:CEATLTD ) last week reported its latest half-yearly results, which makes it a good time for...Reported Earnings • Oct 18Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: ₹30.13 (down from ₹51.42 in 2Q 2024). Revenue: ₹33.0b (up 8.2% from 2Q 2024). Net income: ₹1.22b (down 41% from 2Q 2024). Profit margin: 3.7% (down from 6.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 03CEAT Limited to Report Q2, 2025 Results on Oct 17, 2024CEAT Limited announced that they will report Q2, 2025 results on Oct 17, 2024分析記事 • Oct 01Do CEAT's (NSE:CEATLTD) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...お知らせ • Sep 25Ceat Limited Announces Cessation Change in DirectorateCEAT Limited announced that the second consecutive term of office, for the following Independent Directors of the Company, ended on September 25, 2024: Mr. Atul Choksey, Mr. Haigreve Khaitan, and Mr. Mahesh S. Gupta. Accordingly, they will cease to be an Independent Director of the Company with effect from September 26, 2024.お知らせ • Sep 11+ 1 more updateCEAT Limited Announces Management ChangesCEAT Limited noted Mr. Kunjan Chikhlikar, has been designated as Senior Management Personnel (SMP). Further noted that Mr. Peter Becker, SVP - Global Head, Research and Development Technology has decided to move to an advisory role and ceases to be a Senior Management Personnel ("SMP"). Mr. Kunjan Chikhlikar has done Bachelor's Degree from Stern School of Business and management studies from Wharton School, University of Pernnsylvania. He is also a member of Wharton's Investment Management, Private Equity /Venture Capital and Entrepreneurship Clubs. Mr. Kunjan Chikhlikar, who carries post qualification experience of 14 years, has been with RPG Enterprises since March 2016 where he has been instrumental in establishing several new entrepreneurial ventures for the group including TyresnMore, E-Fleet Systems, Secure Ugaoo, Juno Clinic, Hopscotch, BluSapphire, Secure Things, SleepyCat, Gynoveda & Sentra.World. Prior to RPG, he was working with Growth Partners, India; Lighthouse Funds, IDFC Pvt Equity and Commonfund Asset Management Co handling portfolio investments, capital raising, evaluating & fructifying investment opportunities. Cessation of Mr. Peter Becker, SVP - Global Head, Research and Development Technology as Senior Management personnel due to change in role/employment.お知らせ • Aug 30+ 1 more updateCEAT Limited Appoints Praveen Pardeshi as Non-Executive, Independent DirectorCEAT Limited announced the appointment of Mr. Praveen Pardeshi (DIN: 01658052) as Non-Executive, Independent Director of the company, at the AGM held on August 29, 2024.分析記事 • Aug 07Investors Should Be Encouraged By CEAT's (NSE:CEATLTD) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Aug 02Upcoming dividend of ₹30.00 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.1%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).お知らせ • Jul 26CEAT Limited, Annual General Meeting, Aug 29, 2024CEAT Limited, Annual General Meeting, Aug 29, 2024, at 15:00 Indian Standard Time.New Risk • Jul 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Jul 20First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₹38.11 (up from ₹35.75 in 1Q 2024). Revenue: ₹32.0b (up 9.0% from 1Q 2024). Net income: ₹1.54b (up 6.6% from 1Q 2024). Profit margin: 4.8% (down from 4.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 19CEAT Limited's (NSE:CEATLTD) Low P/E No Reason For ExcitementWith a price-to-earnings (or "P/E") ratio of 17.4x CEAT Limited ( NSE:CEATLTD ) may be sending bullish signals at the...お知らせ • Jul 10CEAT Limited to Report Q1, 2025 Results on Jul 18, 2024CEAT Limited announced that they will report Q1, 2025 results on Jul 18, 2024お知らせ • Jul 01CEAT Limited Announces Executive ChangesCEAT Limited announced resignation of Mr. Saurav Mukherjee as Senior Vice President Global Sales dated 30 June 2024 to pursue personal interests. Further, Mr. Vishal Pawar has been appointed as Senior Vice President Global Sales and Supply Chain Management and has been identified as SMP with effect from 1 July 2024. Vishal has completed his Bachelor's in Engineering and MBA in Marketing. He has 22 years of experience of which about 13 years have been with CEAT. His recent assignment with CEAT was Vice President Replacement Sales, where he was responsible for PAN India Sales.Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Daisy Chittilapilly was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 08CEAT Limited Approves Appointment of Ms. Daisy Chittilapilly as an Independent DirectorCEAT Limited informed that as set out in the Notice of Postal Ballot, the following special resolutions have been as passed on June 6, 2024 through remote e-Voting: Appointment of Ms. Daisy Chittilapilly (DIN:09577569) as an Independent Director of the Company.分析記事 • May 21Is CEAT (NSE:CEATLTD) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • May 05Earnings Miss: CEAT Limited Missed EPS By 7.8% And Analysts Are Revising Their ForecastsThe yearly results for CEAT Limited ( NSE:CEATLTD ) were released last week, making it a good time to revisit its...お知らせ • May 03CEAT Limited Recommends Final Dividend for the Year Ended March 31, 2024CEAT Limited at its board meeting held on May 2, 2024 recommended final dividend of INR 30/- (Rupees Thirty only), i.e. 300% (Three Hundred percent) per equity share of face value of INR 10 (Rupees Ten only) each fully paid up, for the financial year ended March 31, 2024, subject to the approval of the members at upcoming Annual General Meeting, which will be paid /dispatched within 30 days of its declaration thereat.Reported Earnings • May 02Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹159 (up from ₹46.03 in FY 2023). Revenue: ₹119.6b (up 5.7% from FY 2023). Net income: ₹6.43b (up 245% from FY 2023). Profit margin: 5.4% (up from 1.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year.お知らせ • Apr 21CEAT Limited to Report Q4, 2024 Results on May 02, 2024CEAT Limited announced that they will report Q4, 2024 results on May 02, 2024分析記事 • Mar 28CEAT (NSE:CEATLTD) Is Achieving High Returns On Its CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...お知らせ • Mar 15CEAT Limited Announces Reconstitution of Board CommitteesCEAT Limited announced that the Board considered inducting the new directors on various Board committees by reconstituting the committees as under: i. Audit Committee Mr. Mahesh Gupta Chairman, Mr. Paras Chowdhary – Member, Mr. Atul Choksey Member, Mr. Milind Sarwate – Member, ii. Risk Management Committee, Mr. Mahesh Gupta Chairman, Mr. Paras Chowdhary – Member, Mr. Anant Goenka Member, Mr. Milind Sarwate – Member, iii. Nomination and Remuneration Committee Mr. Mahesh Gupta Chairman, Mr. Paras Chowdhary – Member, Mr. Atul Choksey Member, Ms. Sukanya Kripalu – Member, iv. Stakeholders' Relationship Committee Mr. Anant Goenka Chairman, Mr. Mahesh Gupta Member, Mr. Paras Chowdhary Member, Mr. Arnab Banerjee – Member, v. Sustainability and CSR Committee Mr. Anant Goenka Chairman, Mr. Paras Chowdhary Member, Ms. Priya Nair – Member, Ms. Sukanya Kripalu – Member.分析記事 • Mar 12Is Now The Time To Put CEAT (NSE:CEATLTD) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Price Target Changed • Jan 29Price target increased by 13% to ₹2,815Up from ₹2,492, the current price target is an average from 19 analysts. New target price is approximately in line with last closing price of ₹2,725. Stock is up 80% over the past year. The company is forecast to post earnings per share of ₹172 for next year compared to ₹46.02 last year.分析記事 • Jan 27CEAT Limited Just Recorded A 19% EPS Beat: Here's What Analysts Are Forecasting NextInvestors in CEAT Limited ( NSE:CEATLTD ) had a good week, as its shares rose 9.2% to close at ₹2,834 following the...Reported Earnings • Jan 26Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: ₹44.87 (up from ₹8.75 in 3Q 2023). Revenue: ₹29.6b (up 8.7% from 3Q 2023). Net income: ₹1.81b (up 413% from 3Q 2023). Profit margin: 6.1% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹2,914, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,938 per share.分析記事 • Jan 20Little Excitement Around CEAT Limited's (NSE:CEATLTD) RevenuesCEAT Limited's ( NSE:CEATLTD ) price-to-sales (or "P/S") ratio of 0.9x may look like a pretty appealing investment...お知らせ • Jan 11CEAT Limited to Report Nine Months, 2024 Results on Jan 24, 2024CEAT Limited announced that they will report nine months, 2024 results on Jan 24, 2024分析記事 • Oct 25CEAT (NSE:CEATLTD) Hasn't Managed To Accelerate Its ReturnsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...お知らせ • Oct 07CEAT Limited to Report Q2, 2024 Results on Oct 16, 2023CEAT Limited announced that they will report Q2, 2024 results on Oct 16, 2023New Risk • Sep 26New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks High level of debt (64% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Aug 12Is CEAT Limited (NSE:CEATLTD) Worth ₹2.3k Based On Its Intrinsic Value?Key Insights The projected fair value for CEAT is ₹1,924 based on 2 Stage Free Cash Flow to Equity CEAT's ₹2,323 share...Price Target Changed • Jul 28Price target increased by 8.7% to ₹2,102Up from ₹1,935, the current price target is an average from 18 analysts. New target price is 14% below last closing price of ₹2,434. Stock is up 93% over the past year. The company is forecast to post earnings per share of ₹136 for next year compared to ₹46.02 last year.Reported Earnings • Jul 26First quarter 2024 earnings released: EPS: ₹35.75 (vs ₹2.29 in 1Q 2023)First quarter 2024 results: EPS: ₹35.75 (up from ₹2.29 in 1Q 2023). Revenue: ₹29.4b (up 4.3% from 1Q 2023). Net income: ₹1.45b (up ₹1.35b from 1Q 2023). Profit margin: 4.9% (up from 0.3% in 1Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.お知らせ • Jul 15CEAT Limited to Report Q1, 2024 Results on Jul 25, 2023CEAT Limited announced that they will report Q1, 2024 results on Jul 25, 2023New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change).お知らせ • Jul 06CEAT Limited Approves Dividend for the Financial Year Ended March 31, 2023CEAT Limited at the Annual General Meeting held on July 5, 2023 approved declaration of dividend of INR 12 per equity share of face value of INR 10 each for the financial year ended March 31, 2023.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹2,485, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 181% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,093 per share.Reported Earnings • Jun 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₹46.03 (up from ₹17.60 in FY 2022). Revenue: ₹113.1b (up 21% from FY 2022). Net income: ₹1.86b (up 162% from FY 2022). Profit margin: 1.6% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 13Upcoming dividend of ₹12.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.9%).お知らせ • Jun 09CEAT Limited, Annual General Meeting, Jul 05, 2023CEAT Limited, Annual General Meeting, Jul 05, 2023, at 15:00 Indian Standard Time.分析記事 • Jun 04Is CEAT (NSE:CEATLTD) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Jun 02CEAT Limited Announces Resignation of Vinay Bansal as Non-Executive Independent DirectorCEAT Limited announced that Mr. Vinay Bansal, aged 78, Non-executive Independent Director on the Board of the Company, has vide his letter dated June 1, 2023, informed of his desire to resign from the Board as a Non-executive Independent Director of the Company owing to his advancing age and consequently also from his membership of the Committees of the Board he has been serving on, with effect from the close of business hours on June 1, 2023. Audit Committee: Mr. Mahesh Gupta - Chairman, Mr. Paras Chowdhary - Member, Mr. Atul Choksey - Member. Risk Management Committee: Mr. Mahesh Gupta - Chairman, Mr. Paras Chowdhary - Member Mr. Anant Goenka - Member. Nomination and Remuneration Committee: Mr. Mahesh Gupta - Chairman Mr. Paras Chowdhary - Member Mr. Atul Choksey - Member. Stakeholders' Relationship Committee: Mr. Anant Goenka - Chairman, Mr. Mahesh Gupta - Member, Mr. Paras Chowdhary - Member.分析記事 • May 17CEAT (NSE:CEATLTD) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Price Target Changed • May 08Price target increased by 10% to ₹1,764Up from ₹1,598, the current price target is an average from 17 analysts. New target price is approximately in line with last closing price of ₹1,710. Stock is up 55% over the past year. The company is forecast to post earnings per share of ₹117 for next year compared to ₹46.02 last year.Reported Earnings • May 06Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₹46.02 (up from ₹17.60 in FY 2022). Revenue: ₹113.1b (up 21% from FY 2022). Net income: ₹1.86b (up 162% from FY 2022). Profit margin: 1.6% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.お知らせ • May 05Ceat Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023CEAT Limited Recommended final dividend INR 12 per equity share of face value of INR 10 each fully paid up, for the financial year ended March 31, 2023, subject to the approval of the members at ensuing Annual General Meeting, which will be paid /dispatched within 30 days of its declaration thereat.分析記事 • Mar 01Estimating The Intrinsic Value Of CEAT Limited (NSE:CEATLTD)Key Insights The projected fair value for CEAT is ₹1,328 based on 2 Stage Free Cash Flow to Equity CEAT's ₹1,384 share...Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: ₹8.75 (vs ₹4.95 loss in 3Q 2022)Third quarter 2023 results: EPS: ₹8.75 (up from ₹4.95 loss in 3Q 2022). Revenue: ₹27.3b (up 13% from 3Q 2022). Net income: ₹353.9m (up ₹554.0m from 3Q 2022). Profit margin: 1.3% (up from net loss in 3Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Jan 11CEAT Limited to Report Q3, 2023 Results on Jan 25, 2023CEAT Limited announced that they will report Q3, 2023 results on Jan 25, 2023分析記事 • Dec 23CEAT (NSE:CEATLTD) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Price Target Changed • Nov 16Price target increased to ₹1,572Up from ₹1,339, the current price target is an average from 17 analysts. New target price is 8.6% below last closing price of ₹1,720. Stock is up 38% over the past year. The company is forecast to post earnings per share of ₹47.70 for next year compared to ₹17.60 last year.Price Target Changed • Nov 10Price target increased to ₹1,543Up from ₹1,339, the current price target is an average from 17 analysts. New target price is 9.6% below last closing price of ₹1,706. Stock is up 35% over the past year. The company is forecast to post earnings per share of ₹47.70 for next year compared to ₹17.60 last year.Reported Earnings • Nov 09Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: ₹1.93 (down from ₹10.38 in 2Q 2022). Net income: ₹78.3m (down 81% from 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.株主還元CEATLTDIN Auto ComponentsIN 市場7D1.4%1.0%0.5%1Y-14.0%9.6%-0.5%株主還元を見る業界別リターン: CEATLTD過去 1 年間で9.6 % の収益を上げたIndian Auto Components業界を下回りました。リターン対市場: CEATLTDは、過去 1 年間で-0.5 % のリターンを上げたIndian市場を下回りました。価格変動Is CEATLTD's price volatile compared to industry and market?CEATLTD volatilityCEATLTD Average Weekly Movement7.0%Auto Components Industry Average Movement6.7%Market Average Movement7.2%10% most volatile stocks in IN Market10.1%10% least volatile stocks in IN Market4.8%安定した株価: CEATLTD 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CEATLTDの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト192412,000Arnab Banerjeewww.ceat.comCEAT Limited は、インド国内外で自動車用タイヤ、チューブ、フラップを製造・販売している。スクーター、バイク、三輪車、自動車、バス、LCV、トラック、トラクター用のゴムタイヤとチューブを提供している。製品を輸出している。以前はCEAT Tyres of India Limitedとして知られ、1990年にCEAT Limitedに社名を変更した。CEAT Limited は 1924 年に設立され、本社はインドのムンバイにある。CEAT Limited は RPG Enterprises Limited の子会社である。もっと見るCEAT Limited 基礎のまとめCEAT の収益と売上を時価総額と比較するとどうか。CEATLTD 基礎統計学時価総額₹131.74b収益（TTM）₹6.98b売上高(TTM)₹156.78b18.9xPER（株価収益率0.8xP/SレシオCEATLTD は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CEATLTD 損益計算書（TTM）収益₹156.78b売上原価₹95.02b売上総利益₹61.76bその他の費用₹54.78b収益₹6.98b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）172.56グロス・マージン39.39%純利益率4.45%有利子負債／自己資本比率59.6%CEATLTD の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.1%現在の配当利回り20%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 22:01終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CEAT Limited 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。40 アナリスト機関Annamalai Jayaraj360 ONE Capital Market Private LimitedMumuksh MandleshaAnand Rathi Shares and Stock Brokers Limitednull nullAnand Rathi Shares and Stock Brokers Limited37 その他のアナリストを表示
Price Target Changed • May 17Price target decreased by 7.1% to ₹3,869Down from ₹4,166, the current price target is an average from 17 analysts. New target price is 20% above last closing price of ₹3,212. Stock is down 16% over the past year. The company is forecast to post earnings per share of ₹152 for next year compared to ₹173 last year.
分析記事 • May 14Here's Why We Think CEAT (NSE:CEATLTD) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Apr 29CEAT Limited Recommends Dividend for the Fiscal Year 2025-2026CEAT Limited at its board of directors meeting held on April 28, 2026, recommended a dividend of INR 35.00 per share, i.e. 350% per equity share of face value of INR 10each fully paid up, for fiscal year 2025-2026, subject to approval of shareholders at the upcoming Annual General Meeting, which will be paid /dispatched within 30 days of such approval.
お知らせ • Apr 06CEAT Limited to Report Fiscal Year 2026 Results on Apr 28, 2026CEAT Limited announced that they will report fiscal year 2026 results on Apr 28, 2026
分析記事 • Jan 29We Think CEAT (NSE:CEATLTD) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Jan 20Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹38.59 (up from ₹24.01 in 3Q 2025). Revenue: ₹41.6b (up 26% from 3Q 2025). Net income: ₹1.56b (up 60% from 3Q 2025). Profit margin: 3.7% (up from 2.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • May 17Price target decreased by 7.1% to ₹3,869Down from ₹4,166, the current price target is an average from 17 analysts. New target price is 20% above last closing price of ₹3,212. Stock is down 16% over the past year. The company is forecast to post earnings per share of ₹152 for next year compared to ₹173 last year.
分析記事 • May 14Here's Why We Think CEAT (NSE:CEATLTD) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Apr 29CEAT Limited Recommends Dividend for the Fiscal Year 2025-2026CEAT Limited at its board of directors meeting held on April 28, 2026, recommended a dividend of INR 35.00 per share, i.e. 350% per equity share of face value of INR 10each fully paid up, for fiscal year 2025-2026, subject to approval of shareholders at the upcoming Annual General Meeting, which will be paid /dispatched within 30 days of such approval.
お知らせ • Apr 06CEAT Limited to Report Fiscal Year 2026 Results on Apr 28, 2026CEAT Limited announced that they will report fiscal year 2026 results on Apr 28, 2026
分析記事 • Jan 29We Think CEAT (NSE:CEATLTD) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Jan 20Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹38.59 (up from ₹24.01 in 3Q 2025). Revenue: ₹41.6b (up 26% from 3Q 2025). Net income: ₹1.56b (up 60% from 3Q 2025). Profit margin: 3.7% (up from 2.9% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 06CEAT Limited to Report Q3, 2026 Results on Jan 19, 2026CEAT Limited announced that they will report Q3, 2026 results on Jan 19, 2026
分析記事 • Dec 26Estimating The Intrinsic Value Of CEAT Limited (NSE:CEATLTD)Key Insights Using the 2 Stage Free Cash Flow to Equity, CEAT fair value estimate is ₹3,299 Current share price of...
分析記事 • Dec 11We Like These Underlying Return On Capital Trends At CEAT (NSE:CEATLTD)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Buy Or Sell Opportunity • Dec 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₹3,909. The fair value is estimated to be ₹3,239, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
分析記事 • Nov 19Why We're Not Concerned About CEAT Limited's (NSE:CEATLTD) Share PriceWhen close to half the companies in India have price-to-earnings ratios (or "P/E's") below 26x, you may consider CEAT...
分析記事 • Oct 28Is CEAT (NSE:CEATLTD) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Buy Or Sell Opportunity • Oct 20Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to ₹4,204. The fair value is estimated to be ₹3,245, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
Reported Earnings • Oct 19Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹45.98 (up from ₹30.13 in 2Q 2025). Revenue: ₹37.8b (up 14% from 2Q 2025). Net income: ₹1.86b (up 53% from 2Q 2025). Profit margin: 4.9% (up from 3.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 45%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 35% per year.
お知らせ • Oct 06CEAT Limited to Report Q2, 2026 Results on Oct 17, 2025CEAT Limited announced that they will report Q2, 2026 results on Oct 17, 2025
分析記事 • Aug 03CEAT (NSE:CEATLTD) Is Paying Out A Dividend Of ₹30.00CEAT Limited ( NSE:CEATLTD ) will pay a dividend of ₹30.00 on the 20th of September. The dividend yield will be 0.9...
分析記事 • Aug 03CEAT's (NSE:CEATLTD) Returns On Capital Are Heading HigherWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Board Change • Aug 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Santrupt Misra was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Jul 26Dividend of ₹30.00 announcedDividend of ₹30.00 is the same as last year. Ex-date: 8th August 2025 Payment date: 20th September 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (82% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 25CEAT Limited, Annual General Meeting, Aug 21, 2025CEAT Limited, Annual General Meeting, Aug 21, 2025, at 15:00 Indian Standard Time.
Reported Earnings • Jul 18First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: ₹27.80 (down from ₹38.11 in 1Q 2025). Revenue: ₹35.3b (up 11% from 1Q 2025). Net income: ₹1.12b (down 27% from 1Q 2025). Profit margin: 3.2% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 46% per year.
分析記事 • Jul 09Estimating The Fair Value Of CEAT Limited (NSE:CEATLTD)Key Insights The projected fair value for CEAT is ₹4,532 based on 2 Stage Free Cash Flow to Equity Current share price...
Buy Or Sell Opportunity • Jul 01Now 20% undervaluedOver the last 90 days, the stock has risen 26% to ₹3,656. The fair value is estimated to be ₹4,584, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.
分析記事 • Jun 20CEAT (NSE:CEATLTD) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹3,576, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 25x in the Auto Components industry in India. Total returns to shareholders of 231% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹4,443 per share.
Price Target Changed • May 04Price target increased by 8.5% to ₹3,670Up from ₹3,383, the current price target is an average from 18 analysts. New target price is 8.7% above last closing price of ₹3,376. Stock is up 33% over the past year. The company is forecast to post earnings per share of ₹183 for next year compared to ₹117 last year.
分析記事 • May 02CEAT Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for CEAT Limited ( NSE:CEATLTD ) shareholders, because the company has just released its latest...
Reported Earnings • Apr 30Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₹117 (down from ₹159 in FY 2024). Revenue: ₹132.4b (up 11% from FY 2024). Net income: ₹4.73b (down 27% from FY 2024). Profit margin: 3.6% (down from 5.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 15Potential Upside For CEAT Limited (NSE:CEATLTD) Not Without RiskWith a median price-to-earnings (or "P/E") ratio of close to 25x in India, you could be forgiven for feeling...
お知らせ • Apr 14CEAT Limited to Report Fiscal Year 2025 Results on Apr 29, 2025CEAT Limited announced that they will report fiscal year 2025 results on Apr 29, 2025
お知らせ • Apr 11CEAT Limited Announces Resignation of Pravinsingh Pratapsingh Pardeshi as Non-Executive Independent Director, Member of Sustainability and Corporate Social Responsibility Committee and Stakeholders Relationship Committee, Effective April 10, 2025CEAT Limited announced that Pravinsingh Pratapsingh Pardeshi (DIN: 01658052), Non-Executive Independent Director, has tendered resignation as a Non-Executive, Independent Director of the Company with effect from the close of business hours of April 10, 2025 due to other pre-occupations and consequently, he also ceases to be the Member of Sustainability and Corporate Social Responsibility Committee and Stakeholders Relationship Committee of the Board.
分析記事 • Mar 11These 4 Measures Indicate That CEAT (NSE:CEATLTD) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Feb 22Calculating The Fair Value Of CEAT Limited (NSE:CEATLTD)Key Insights The projected fair value for CEAT is ₹2,544 based on 2 Stage Free Cash Flow to Equity Current share price...
お知らせ • Feb 18CEAT Limited Announces Resignation of Ranjit Vasant Pandit as Non-Executive Independent DirectorCEAT Limited informed that Mr. Ranjit Vasant Pandit, Non-Executive Independent Director, has tendered resignation, conveying that in view of completion of nearly ten years on the Board, he wishes to relinquish the position of Director on the Board of the Company, with effect from close of business hours on March 2, 2025. Names of listed entities in which the director holds directorships; Great Eastern Shipping Company Limited and Just Dial Limited (Independent Director) Committee Membership in Just Dial Limited: Audit Committee Chairman.
分析記事 • Jan 18CEAT Limited Just Missed EPS By 11%: Here's What Analysts Think Will Happen NextLast week saw the newest third-quarter earnings release from CEAT Limited ( NSE:CEATLTD ), an important milestone in...
Reported Earnings • Jan 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: ₹24.01 (down from ₹44.87 in 3Q 2024). Revenue: ₹33.0b (up 12% from 3Q 2024). Net income: ₹971.1m (down 47% from 3Q 2024). Profit margin: 2.9% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 04CEAT Limited to Report Q3, 2025 Results on Jan 15, 2025CEAT Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Jan 15, 2025
分析記事 • Dec 30There's Been No Shortage Of Growth Recently For CEAT's (NSE:CEATLTD) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Price Target Changed • Oct 27Price target increased by 7.0% to ₹3,236Up from ₹3,023, the current price target is an average from 18 analysts. New target price is 18% above last closing price of ₹2,748. Stock is up 30% over the past year. The company is forecast to post earnings per share of ₹141 for next year compared to ₹159 last year.
分析記事 • Oct 20Earnings Miss: CEAT Limited Missed EPS By 15% And Analysts Are Revising Their ForecastsCEAT Limited ( NSE:CEATLTD ) last week reported its latest half-yearly results, which makes it a good time for...
Reported Earnings • Oct 18Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: ₹30.13 (down from ₹51.42 in 2Q 2024). Revenue: ₹33.0b (up 8.2% from 2Q 2024). Net income: ₹1.22b (down 41% from 2Q 2024). Profit margin: 3.7% (down from 6.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 03CEAT Limited to Report Q2, 2025 Results on Oct 17, 2024CEAT Limited announced that they will report Q2, 2025 results on Oct 17, 2024
分析記事 • Oct 01Do CEAT's (NSE:CEATLTD) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
お知らせ • Sep 25Ceat Limited Announces Cessation Change in DirectorateCEAT Limited announced that the second consecutive term of office, for the following Independent Directors of the Company, ended on September 25, 2024: Mr. Atul Choksey, Mr. Haigreve Khaitan, and Mr. Mahesh S. Gupta. Accordingly, they will cease to be an Independent Director of the Company with effect from September 26, 2024.
お知らせ • Sep 11+ 1 more updateCEAT Limited Announces Management ChangesCEAT Limited noted Mr. Kunjan Chikhlikar, has been designated as Senior Management Personnel (SMP). Further noted that Mr. Peter Becker, SVP - Global Head, Research and Development Technology has decided to move to an advisory role and ceases to be a Senior Management Personnel ("SMP"). Mr. Kunjan Chikhlikar has done Bachelor's Degree from Stern School of Business and management studies from Wharton School, University of Pernnsylvania. He is also a member of Wharton's Investment Management, Private Equity /Venture Capital and Entrepreneurship Clubs. Mr. Kunjan Chikhlikar, who carries post qualification experience of 14 years, has been with RPG Enterprises since March 2016 where he has been instrumental in establishing several new entrepreneurial ventures for the group including TyresnMore, E-Fleet Systems, Secure Ugaoo, Juno Clinic, Hopscotch, BluSapphire, Secure Things, SleepyCat, Gynoveda & Sentra.World. Prior to RPG, he was working with Growth Partners, India; Lighthouse Funds, IDFC Pvt Equity and Commonfund Asset Management Co handling portfolio investments, capital raising, evaluating & fructifying investment opportunities. Cessation of Mr. Peter Becker, SVP - Global Head, Research and Development Technology as Senior Management personnel due to change in role/employment.
お知らせ • Aug 30+ 1 more updateCEAT Limited Appoints Praveen Pardeshi as Non-Executive, Independent DirectorCEAT Limited announced the appointment of Mr. Praveen Pardeshi (DIN: 01658052) as Non-Executive, Independent Director of the company, at the AGM held on August 29, 2024.
分析記事 • Aug 07Investors Should Be Encouraged By CEAT's (NSE:CEATLTD) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Aug 02Upcoming dividend of ₹30.00 per shareEligible shareholders must have bought the stock before 09 August 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.1%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).
お知らせ • Jul 26CEAT Limited, Annual General Meeting, Aug 29, 2024CEAT Limited, Annual General Meeting, Aug 29, 2024, at 15:00 Indian Standard Time.
New Risk • Jul 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Jul 20First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₹38.11 (up from ₹35.75 in 1Q 2024). Revenue: ₹32.0b (up 9.0% from 1Q 2024). Net income: ₹1.54b (up 6.6% from 1Q 2024). Profit margin: 4.8% (down from 4.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 8.1%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 19CEAT Limited's (NSE:CEATLTD) Low P/E No Reason For ExcitementWith a price-to-earnings (or "P/E") ratio of 17.4x CEAT Limited ( NSE:CEATLTD ) may be sending bullish signals at the...
お知らせ • Jul 10CEAT Limited to Report Q1, 2025 Results on Jul 18, 2024CEAT Limited announced that they will report Q1, 2025 results on Jul 18, 2024
お知らせ • Jul 01CEAT Limited Announces Executive ChangesCEAT Limited announced resignation of Mr. Saurav Mukherjee as Senior Vice President Global Sales dated 30 June 2024 to pursue personal interests. Further, Mr. Vishal Pawar has been appointed as Senior Vice President Global Sales and Supply Chain Management and has been identified as SMP with effect from 1 July 2024. Vishal has completed his Bachelor's in Engineering and MBA in Marketing. He has 22 years of experience of which about 13 years have been with CEAT. His recent assignment with CEAT was Vice President Replacement Sales, where he was responsible for PAN India Sales.
Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Daisy Chittilapilly was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 08CEAT Limited Approves Appointment of Ms. Daisy Chittilapilly as an Independent DirectorCEAT Limited informed that as set out in the Notice of Postal Ballot, the following special resolutions have been as passed on June 6, 2024 through remote e-Voting: Appointment of Ms. Daisy Chittilapilly (DIN:09577569) as an Independent Director of the Company.
分析記事 • May 21Is CEAT (NSE:CEATLTD) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • May 05Earnings Miss: CEAT Limited Missed EPS By 7.8% And Analysts Are Revising Their ForecastsThe yearly results for CEAT Limited ( NSE:CEATLTD ) were released last week, making it a good time to revisit its...
お知らせ • May 03CEAT Limited Recommends Final Dividend for the Year Ended March 31, 2024CEAT Limited at its board meeting held on May 2, 2024 recommended final dividend of INR 30/- (Rupees Thirty only), i.e. 300% (Three Hundred percent) per equity share of face value of INR 10 (Rupees Ten only) each fully paid up, for the financial year ended March 31, 2024, subject to the approval of the members at upcoming Annual General Meeting, which will be paid /dispatched within 30 days of its declaration thereat.
Reported Earnings • May 02Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹159 (up from ₹46.03 in FY 2023). Revenue: ₹119.6b (up 5.7% from FY 2023). Net income: ₹6.43b (up 245% from FY 2023). Profit margin: 5.4% (up from 1.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.8%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 25% per year.
お知らせ • Apr 21CEAT Limited to Report Q4, 2024 Results on May 02, 2024CEAT Limited announced that they will report Q4, 2024 results on May 02, 2024
分析記事 • Mar 28CEAT (NSE:CEATLTD) Is Achieving High Returns On Its CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
お知らせ • Mar 15CEAT Limited Announces Reconstitution of Board CommitteesCEAT Limited announced that the Board considered inducting the new directors on various Board committees by reconstituting the committees as under: i. Audit Committee Mr. Mahesh Gupta Chairman, Mr. Paras Chowdhary – Member, Mr. Atul Choksey Member, Mr. Milind Sarwate – Member, ii. Risk Management Committee, Mr. Mahesh Gupta Chairman, Mr. Paras Chowdhary – Member, Mr. Anant Goenka Member, Mr. Milind Sarwate – Member, iii. Nomination and Remuneration Committee Mr. Mahesh Gupta Chairman, Mr. Paras Chowdhary – Member, Mr. Atul Choksey Member, Ms. Sukanya Kripalu – Member, iv. Stakeholders' Relationship Committee Mr. Anant Goenka Chairman, Mr. Mahesh Gupta Member, Mr. Paras Chowdhary Member, Mr. Arnab Banerjee – Member, v. Sustainability and CSR Committee Mr. Anant Goenka Chairman, Mr. Paras Chowdhary Member, Ms. Priya Nair – Member, Ms. Sukanya Kripalu – Member.
分析記事 • Mar 12Is Now The Time To Put CEAT (NSE:CEATLTD) On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Price Target Changed • Jan 29Price target increased by 13% to ₹2,815Up from ₹2,492, the current price target is an average from 19 analysts. New target price is approximately in line with last closing price of ₹2,725. Stock is up 80% over the past year. The company is forecast to post earnings per share of ₹172 for next year compared to ₹46.02 last year.
分析記事 • Jan 27CEAT Limited Just Recorded A 19% EPS Beat: Here's What Analysts Are Forecasting NextInvestors in CEAT Limited ( NSE:CEATLTD ) had a good week, as its shares rose 9.2% to close at ₹2,834 following the...
Reported Earnings • Jan 26Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: ₹44.87 (up from ₹8.75 in 3Q 2023). Revenue: ₹29.6b (up 8.7% from 3Q 2023). Net income: ₹1.81b (up 413% from 3Q 2023). Profit margin: 6.1% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹2,914, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,938 per share.
分析記事 • Jan 20Little Excitement Around CEAT Limited's (NSE:CEATLTD) RevenuesCEAT Limited's ( NSE:CEATLTD ) price-to-sales (or "P/S") ratio of 0.9x may look like a pretty appealing investment...
お知らせ • Jan 11CEAT Limited to Report Nine Months, 2024 Results on Jan 24, 2024CEAT Limited announced that they will report nine months, 2024 results on Jan 24, 2024
分析記事 • Oct 25CEAT (NSE:CEATLTD) Hasn't Managed To Accelerate Its ReturnsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
お知らせ • Oct 07CEAT Limited to Report Q2, 2024 Results on Oct 16, 2023CEAT Limited announced that they will report Q2, 2024 results on Oct 16, 2023
New Risk • Sep 26New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks High level of debt (64% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Aug 12Is CEAT Limited (NSE:CEATLTD) Worth ₹2.3k Based On Its Intrinsic Value?Key Insights The projected fair value for CEAT is ₹1,924 based on 2 Stage Free Cash Flow to Equity CEAT's ₹2,323 share...
Price Target Changed • Jul 28Price target increased by 8.7% to ₹2,102Up from ₹1,935, the current price target is an average from 18 analysts. New target price is 14% below last closing price of ₹2,434. Stock is up 93% over the past year. The company is forecast to post earnings per share of ₹136 for next year compared to ₹46.02 last year.
Reported Earnings • Jul 26First quarter 2024 earnings released: EPS: ₹35.75 (vs ₹2.29 in 1Q 2023)First quarter 2024 results: EPS: ₹35.75 (up from ₹2.29 in 1Q 2023). Revenue: ₹29.4b (up 4.3% from 1Q 2023). Net income: ₹1.45b (up ₹1.35b from 1Q 2023). Profit margin: 4.9% (up from 0.3% in 1Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
お知らせ • Jul 15CEAT Limited to Report Q1, 2024 Results on Jul 25, 2023CEAT Limited announced that they will report Q1, 2024 results on Jul 25, 2023
New Risk • Jul 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change).
お知らせ • Jul 06CEAT Limited Approves Dividend for the Financial Year Ended March 31, 2023CEAT Limited at the Annual General Meeting held on July 5, 2023 approved declaration of dividend of INR 12 per equity share of face value of INR 10 each for the financial year ended March 31, 2023.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹2,485, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 181% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,093 per share.
Reported Earnings • Jun 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₹46.03 (up from ₹17.60 in FY 2022). Revenue: ₹113.1b (up 21% from FY 2022). Net income: ₹1.86b (up 162% from FY 2022). Profit margin: 1.6% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 13Upcoming dividend of ₹12.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.9%).
お知らせ • Jun 09CEAT Limited, Annual General Meeting, Jul 05, 2023CEAT Limited, Annual General Meeting, Jul 05, 2023, at 15:00 Indian Standard Time.
分析記事 • Jun 04Is CEAT (NSE:CEATLTD) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Jun 02CEAT Limited Announces Resignation of Vinay Bansal as Non-Executive Independent DirectorCEAT Limited announced that Mr. Vinay Bansal, aged 78, Non-executive Independent Director on the Board of the Company, has vide his letter dated June 1, 2023, informed of his desire to resign from the Board as a Non-executive Independent Director of the Company owing to his advancing age and consequently also from his membership of the Committees of the Board he has been serving on, with effect from the close of business hours on June 1, 2023. Audit Committee: Mr. Mahesh Gupta - Chairman, Mr. Paras Chowdhary - Member, Mr. Atul Choksey - Member. Risk Management Committee: Mr. Mahesh Gupta - Chairman, Mr. Paras Chowdhary - Member Mr. Anant Goenka - Member. Nomination and Remuneration Committee: Mr. Mahesh Gupta - Chairman Mr. Paras Chowdhary - Member Mr. Atul Choksey - Member. Stakeholders' Relationship Committee: Mr. Anant Goenka - Chairman, Mr. Mahesh Gupta - Member, Mr. Paras Chowdhary - Member.
分析記事 • May 17CEAT (NSE:CEATLTD) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Price Target Changed • May 08Price target increased by 10% to ₹1,764Up from ₹1,598, the current price target is an average from 17 analysts. New target price is approximately in line with last closing price of ₹1,710. Stock is up 55% over the past year. The company is forecast to post earnings per share of ₹117 for next year compared to ₹46.02 last year.
Reported Earnings • May 06Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ₹46.02 (up from ₹17.60 in FY 2022). Revenue: ₹113.1b (up 21% from FY 2022). Net income: ₹1.86b (up 162% from FY 2022). Profit margin: 1.6% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
お知らせ • May 05Ceat Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023CEAT Limited Recommended final dividend INR 12 per equity share of face value of INR 10 each fully paid up, for the financial year ended March 31, 2023, subject to the approval of the members at ensuing Annual General Meeting, which will be paid /dispatched within 30 days of its declaration thereat.
分析記事 • Mar 01Estimating The Intrinsic Value Of CEAT Limited (NSE:CEATLTD)Key Insights The projected fair value for CEAT is ₹1,328 based on 2 Stage Free Cash Flow to Equity CEAT's ₹1,384 share...
Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: ₹8.75 (vs ₹4.95 loss in 3Q 2022)Third quarter 2023 results: EPS: ₹8.75 (up from ₹4.95 loss in 3Q 2022). Revenue: ₹27.3b (up 13% from 3Q 2022). Net income: ₹353.9m (up ₹554.0m from 3Q 2022). Profit margin: 1.3% (up from net loss in 3Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Jan 11CEAT Limited to Report Q3, 2023 Results on Jan 25, 2023CEAT Limited announced that they will report Q3, 2023 results on Jan 25, 2023
分析記事 • Dec 23CEAT (NSE:CEATLTD) Seems To Be Using A Lot Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Price Target Changed • Nov 16Price target increased to ₹1,572Up from ₹1,339, the current price target is an average from 17 analysts. New target price is 8.6% below last closing price of ₹1,720. Stock is up 38% over the past year. The company is forecast to post earnings per share of ₹47.70 for next year compared to ₹17.60 last year.
Price Target Changed • Nov 10Price target increased to ₹1,543Up from ₹1,339, the current price target is an average from 17 analysts. New target price is 9.6% below last closing price of ₹1,706. Stock is up 35% over the past year. The company is forecast to post earnings per share of ₹47.70 for next year compared to ₹17.60 last year.
Reported Earnings • Nov 09Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: ₹1.93 (down from ₹10.38 in 2Q 2022). Net income: ₹78.3m (down 81% from 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 64%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
