There's Reason For Concern Over Hindustan Aeronautics Limited's (NSE:HAL) Price
Oct 11
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Indian (NIFTY) Aerospace and Defense Industry Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies17
- 7D4.7%
- 3M-18.5%
- 1Y110.4%
- YTDn/a
Over the last 7 days, the Aerospace and Defense industry has risen 4.7%, driven by gains from Hindustan Aeronautics of 8.2%. Meanwhile, Ace Men Engg Works actually underperformed within the industry, shrinking 7.6% in the last week. This takes the industry's 12 month performance to a gain of 110%. Earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Indian Aerospace and Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | ₹6.9t | ₹709.4b | ₹161.9b | 71x | 42.8x | 9.8x |
| Thu, 12 Sep 2024 | ₹7.1t | ₹709.0b | ₹161.8b | 79.2x | 43.6x | 10x |
| Sat, 10 Aug 2024 | ₹7.5t | ₹703.9b | ₹152.1b | 85.2x | 49.3x | 10.6x |
| Mon, 08 Jul 2024 | ₹8.6t | ₹693.9b | ₹149.5b | 92.7x | 57.5x | 12.4x |
| Wed, 05 Jun 2024 | ₹6.3t | ₹707.0b | ₹148.1b | 54.6x | 42.5x | 8.9x |
| Fri, 03 May 2024 | ₹5.6t | ₹631.5b | ₹124.9b | 60x | 45.1x | 8.9x |
| Sun, 31 Mar 2024 | ₹4.8t | ₹631.5b | ₹124.9b | 57.5x | 38.1x | 7.5x |
| Tue, 27 Feb 2024 | ₹4.7t | ₹631.5b | ₹124.9b | 71.2x | 37.8x | 7.5x |
| Thu, 25 Jan 2024 | ₹4.5t | ₹618.6b | ₹117.5b | 64.1x | 38.3x | 7.3x |
| Sat, 23 Dec 2023 | ₹4.2t | ₹618.7b | ₹117.6b | 58.9x | 35.5x | 6.7x |
| Mon, 20 Nov 2023 | ₹3.5t | ₹625.5b | ₹118.9b | 46.1x | 29.2x | 5.6x |
| Wed, 18 Oct 2023 | ₹3.3t | ₹606.8b | ₹113.3b | 45.6x | 29x | 5.4x |
| Fri, 15 Sep 2023 | ₹3.3t | ₹606.8b | ₹113.3b | 53.3x | 29.1x | 5.4x |
| Sun, 13 Aug 2023 | ₹3.1t | ₹607.1b | ₹113.3b | 43.6x | 27.4x | 5.1x |
| Tue, 11 Jul 2023 | ₹3.0t | ₹602.5b | ₹108.5b | 38.4x | 27.2x | 4.9x |
| Thu, 08 Jun 2023 | ₹2.7t | ₹600.0b | ₹108.0b | 31.3x | 24.7x | 4.5x |
| Sat, 06 May 2023 | ₹2.3t | ₹586.1b | ₹107.9b | 28.2x | 21.5x | 4x |
| Mon, 03 Apr 2023 | ₹2.1t | ₹586.1b | ₹107.8b | 25.9x | 19.7x | 3.6x |
| Wed, 01 Mar 2023 | ₹2.0t | ₹586.1b | ₹107.8b | 25.1x | 18.9x | 3.5x |
| Fri, 27 Jan 2023 | ₹2.1t | ₹581.4b | ₹105.0b | 28.5x | 19.7x | 3.5x |
| Sun, 25 Dec 2022 | ₹2.0t | ₹582.0b | ₹105.0b | 25.7x | 18.7x | 3.4x |
| Tue, 22 Nov 2022 | ₹2.2t | ₹582.1b | ₹105.0b | 28.9x | 20.7x | 3.7x |
| Thu, 20 Oct 2022 | ₹2.1t | ₹567.3b | ₹99.5b | 29.1x | 20.7x | 3.6x |
| Sat, 17 Sep 2022 | ₹2.0t | ₹567.3b | ₹99.5b | 25.1x | 20.5x | 3.6x |
| Mon, 15 Aug 2022 | ₹1.8t | ₹562.1b | ₹98.9b | 23.5x | 18.2x | 3.2x |
| Wed, 13 Jul 2022 | ₹1.4t | ₹513.0b | ₹89.6b | 21.1x | 15.9x | 2.8x |
| Fri, 10 Jun 2022 | ₹1.5t | ₹512.9b | ₹89.6b | 21.8x | 17.1x | 3x |
| Sun, 08 May 2022 | ₹1.4t | ₹503.3b | ₹78.0b | 23.4x | 17.6x | 2.7x |
| Tue, 05 Apr 2022 | ₹1.3t | ₹503.0b | ₹78.0b | 20.5x | 17x | 2.6x |
| Thu, 03 Mar 2022 | ₹1.2t | ₹502.7b | ₹78.0b | 17.1x | 15.7x | 2.4x |
| Sat, 29 Jan 2022 | ₹1.2t | ₹478.2b | ₹71.4b | 24.7x | 17.2x | 2.6x |
| Mon, 27 Dec 2021 | ₹1.1t | ₹478.2b | ₹71.4b | 21.7x | 15.9x | 2.4x |
| Wed, 24 Nov 2021 | ₹1.2t | ₹475.4b | ₹70.5b | 21x | 16.7x | 2.5x |
| Fri, 22 Oct 2021 | ₹1.2t | ₹454.9b | ₹65.1b | 23.1x | 18x | 2.6x |
Price to Earnings Ratio
18x
Current Industry PE
- Investors are optimistic on the Indian Aerospace and Defense industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 42.8x which is higher than its 3-year average PE of 27.1x.
- The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 9.8x.
Past Earnings Growth
- The earnings for companies in the Aerospace and Defense industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Aerospace and Defense compare with similar industries?
| IN Market | 0.37% | |
| Industrials | 2.17% | |
| Aerospace & Defense | 4.74% | |
| Aerospace and Defense | 4.74% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HAL Hindustan Aeronautics | ₹4.58k | 4.7% +₹138.5b | 133.0% | PE37.1x | |
| MAZDOCK Mazagon Dock Shipbuilders | ₹4.40k | 7.9% +₹65.0b | 104.4% | PE38.3x | |
| 500049 Bharat Electronics | ₹288.80 | 3.1% +₹62.9b | 108.5% | PE49.8x | |
| BDL Bharat Dynamics | ₹1.20k | 4.8% +₹20.1b | 137.3% | PE76.3x | |
| GRSE Garden Reach Shipbuilders & Engineers | ₹1.77k | 6.6% +₹12.6b | 120.1% | PE55.2x |
