Bosch
Market Cap
₹429.9b
Last Updated
2019/10/23 12:31 UTC
Data Sources
Company Financials +
Executive Summary
Bosch Limited manufactures and trades in automotive products in India and internationally.
Snowflake
Fundamentals
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Bosch's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.4%
500530
3.3%
IN Auto Components
2.3%
IN Market
1 Year Return
-20.3%
500530
-20.8%
IN Auto Components
7.4%
IN Market
Return vs Industry: 500530 matched the Indian Auto Components industry which returned -20.8% over the past year.
Return vs Market: 500530 underperformed the Indian Market which returned 7.4% over the past year.
Shareholder returns
| 500530 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.4% | 3.3% | 2.3% |
| 30 Day | -1.6% | -2.6% | 0.9% |
| 90 Day | -2.7% | 2.8% | 3.7% |
| 1 Year | -19.6%-20.3% | -20.0%-20.8% | 9.7%7.4% |
| 3 Year | -33.5%-34.9% | -9.4%-11.6% | 23.0%16.6% |
| 5 Year | 0.1%-2.6% | 28.8%23.9% | 42.1%28.5% |
Price Volatility Vs. Market
How volatile is Bosch's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Bosch undervalued compared to its fair value and its price relative to the market?
30.43x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500530 (₹14597.2) is trading above our estimate of fair value (₹830.63)
Significantly Below Fair Value: 500530 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500530 is poor value based on its PE Ratio (30.4x) compared to the Auto Components industry average (12.8x).
PE vs Market: 500530 is poor value based on its PE Ratio (30.4x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: 500530 is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: 500530 is overvalued based on its PB Ratio (4.7x) compared to the IN Auto Components industry average (1.3x).
Next Steps
Future Growth
How is Bosch forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
8.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500530's forecast earnings growth (8% per year) is above the savings rate (7.6%).
Earnings vs Market: 500530's earnings (8% per year) are forecast to grow slower than the Indian market (18.3% per year).
High Growth Earnings: 500530's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500530's revenue (13.5% per year) is forecast to grow faster than the Indian market (11.2% per year).
High Growth Revenue: 500530's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500530's Return on Equity is forecast to be low in 3 years time (15.7%).
Next Steps
Past Performance
How has Bosch performed over the past 5 years?
8.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 500530's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: 500530's earnings growth over the past year (1.4%) is below its 5-year average (8.9% per year).
Earnings vs Industry: 500530 earnings growth over the past year (1.4%) exceeded the Auto Components industry -5.2%.
Return on Equity
High ROE: 500530's Return on Equity (15.9%) is considered low.
Return on Assets
ROA vs Industry: 500530 has a higher Return on Assets than the Auto Components industry average last year.
Return on Capital Employed
ROCE Improving: 500530 has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Bosch's financial position?
Financial Position Analysis
Short Term Liabilities: 500530's short term assets (₹64.4B) exceeds its short term liabilities (₹32.3B)
Long Term Liabilities: 500530's short term assets (64.4B) exceeds its long term liabilities (3.5B)
Debt to Equity History and Analysis
Debt Level: 500530 is debt free.
Reducing Debt: 500530 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: 500530 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500530 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 500530 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 500530's debt is covered by short term assets.
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Dividend
What is Bosch's current dividend yield, its reliability and sustainability?
0.72%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 500530's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 500530's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (2.41%).
Stable Dividend: 500530's dividends per share have been stable in the past 10 years.
Growing Dividend: 500530's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.9%), 500530's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500530's dividends in 3 years are forecast to be well covered by earnings (21.9% payout ratio).
Next Steps
Management
What is the CEO of Bosch's salary, the management and board of directors tenure and is there insider trading?
1.5yrs
Average management tenure
CEO
Soumitra Bhattacharya (59yo)
0yrs
Tenure
₹62,622,807
Compensation
Mr. Soumitra Bhattacharya has been Managing Director of Bosch Limited since January 01, 2017, has been Regional President of Bosch Group India since January 5, 2017 and had been its Member of Management Bo ...
CEO Compensation Analysis
Compensation vs. Market: Insufficient data to establish whether Soumitra's total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: Soumitra's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.5yrs
Average Tenure
57yo
Average Age
Experienced Management: 500530's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Age and Tenure
2.4yrs
Average Tenure
60.5yo
Average Age
Experienced Board: 500530's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Rajesh Parte
Company Secretary & Compliance Officer
- Tenure: 0.9yrs
Soumitra Bhattacharya (59yo)
MD, Regional President of Bosch Group India & Director
- Tenure: 0yrs
- Compensation: ₹62.62m
Sudhir Tiku
Business Head of Security Systems
- Tenure: 0yrs
S. Karthik
Vice-President of Corporate Finance & Accounts
- Tenure: 0yrs
- Compensation: ₹13.61m
Andreas Wolf (57yo)
Joint MD
- Tenure: 2.8yrs
- Compensation: ₹59.17m
Jan-Oliver Röhrl (48yo)
CTO, EVP of Powertrain Solutions
- Tenure: 1.3yrs
- Compensation: ₹68.33m
Srini Srinivasan
CFO & Executive Director
- Tenure: 1.3yrs
Mohandas Mekanapurath
Business Head of Bosch Energy & Building Solutions
- Tenure: 0yrs
O. Goel
Head of Social Engagement
- Tenure: 0yrs
Ameet Rele
Head of Corporate Communications
- Tenure: 0yrs
Board Members
Hema Ravichandar (58yo)
Independent Director
- Tenure: 2.1yrs
- Compensation: ₹1.74m
Bhaskar Bhat (65yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: ₹2.86m
Bernhard Steinruecke (64yo)
Independent Director
- Tenure: 14.3yrs
- Compensation: ₹3.04m
Peter Tyroller (62yo)
Non-Executive Non-Independent Director
- Tenure: 6.3yrs
Bernhard Straub
Chairman
- Tenure: 0.2yrs
Soumitra Bhattacharya (59yo)
MD, Regional President of Bosch Group India & Director
- Tenure: 0yrs
- Compensation: ₹62.62m
Sakalespur Ranganath (65yo)
Additional Independent Director
- Tenure: 1.3yrs
Andreas Wolf (57yo)
Joint MD
- Tenure: 2.8yrs
- Compensation: ₹59.17m
Jan-Oliver Röhrl (48yo)
CTO, EVP of Powertrain Solutions
- Tenure: 1.3yrs
- Compensation: ₹68.33m
Srini Srinivasan
CFO & Executive Director
- Tenure: 1.3yrs
Company Information
Bosch Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bosch Limited
- Ticker: 500530
- Exchange: BSE
- Founded: 1951
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹429.904b
- Shares outstanding: 29.49m
- Website: https://www.bosch.in
Number of Employees
Location
- Bosch Limited
- Hosur Road
- Adugodi
- Bengaluru
- Karnataka
- 560030
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500530 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2000 |
| BOSCHLTD | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2000 |
Biography
Bosch Limited manufactures and trades in automotive products in India and internationally. The company operates through Automotive Products and Others segments. It provides automotive, industrial, consumer ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 12:31 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.