Bosch (BSE:500530) - Share price, News & Analysis

500530 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

500530 Stock Overview

Bosch Limited manufactures and trades in automotive products in India and internationally.

Rewards

Earnings grew by 152.8% over the past year

Risk Analysis

Earnings have declined by 13.8% per year over past 5 years

High level of non-cash earnings

Dividend of 0.77% is not well covered by earnings

Bosch Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bosch
Historical stock prices
Current Share Price	₹14,240.45
52 Week High	₹19,244.50
52 Week Low	₹12,940.10
Beta	0.64
1 Month Change	0.39%
3 Month Change	1.59%
1 Year Change	-5.56%
3 Year Change	-12.84%
5 Year Change	-38.89%
Change since IPO	2,692.25%

Shareholder Returns

	500530	IN Auto Components	IN Market
7D	6.7%	4.7%	2.3%
1Y	-5.6%	-7.9%	-0.9%

Return vs Industry: 500530 exceeded the Indian Auto Components industry which returned -7.9% over the past year.

Return vs Market: 500530 underperformed the Indian Market which returned -0.9% over the past year.

Price Volatility

Is 500530's price volatile compared to industry and market?
500530 volatility
500530 Average Weekly Movement	4.4%
Auto Components Industry Average Movement	6.2%
Market Average Movement	6.9%
10% most volatile stocks in IN Market	9.9%
10% least volatile stocks in IN Market	4.5%

Stable Share Price: 500530 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 500530's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1951	31,500	Soumitra Bhattacharya	https://www.bosch.in

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 goods, and energy and building technology products.

Bosch Fundamentals Summary

How do Bosch's earnings and revenue compare to its market cap?
500530 fundamental statistics
Market Cap	₹420.00b
Earnings (TTM)	₹12.18b
Revenue (TTM)	₹117.82b

34.5x

P/E Ratio

3.6x

P/S Ratio

Is 500530 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
500530 income statement (TTM)
Revenue	₹117.82b
Cost of Revenue	₹72.99b
Gross Profit	₹44.83b
Other Expenses	₹32.65b
Earnings	₹12.18b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	413.07
Gross Margin	38.05%
Net Profit Margin	10.34%
Debt/Equity Ratio	0%

How did 500530 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

27%

Payout Ratio

Does 500530 pay a reliable dividends?

See 500530 dividend history and benchmarks

When do you need to buy 500530 by to receive an upcoming dividend?
Bosch dividend dates
Ex Dividend Date	Jul 14 2022
Dividend Pay Date	Sep 02 2022
Days until Ex dividend	17 days
Days until Dividend pay date	67 days

Does 500530 pay a reliable dividends?

See 500530 dividend history and benchmarks

We’ve recently updated our valuation analysis.

Valuation

Is 500530 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500530?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 500530. This is calculated by dividing 500530's market cap by their current preferred multiple.
What is 500530's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₹420.00b

500530 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.3x
Enterprise Value/EBITDA	26.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 500530's PE Ratio compare to its peers?

500530 PE Ratio vs Peers

The above table shows the PE ratio for 500530 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	62.8x

Forward PE

Price-To-Earnings vs Peers: 500530 is good value based on its Price-To-Earnings Ratio (34.5x) compared to the peer average (62.8x).

Price to Earnings Ratio vs Industry

How does 500530's PE Ratio compare vs other companies in the Indian Auto Components Industry?

Price-To-Earnings vs Industry: 500530 is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the Indian Auto Components industry average (21.9x)

Price to Earnings Ratio vs Fair Ratio

What is 500530's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500530 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	34.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 500530's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 500530 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500530 (₹14240.45) is trading above our estimate of fair value (₹833.82)

Significantly Below Fair Value: 500530 is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500530's PEG Ratio to determine if it is good value.

Discover undervalued companies

Future Growth

How is Bosch forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

29.8%

Forecasted Automobiles industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bosch has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

Examine Bosch's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
Bosch competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Bosch performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-13.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 500530 has a high level of non-cash earnings.

Growing Profit Margin: 500530's current net profit margins (10.3%) are higher than last year (5%).

Past Earnings Growth Analysis

Earnings Trend: 500530's earnings have declined by 13.8% per year over the past 5 years.

Accelerating Growth: 500530's earnings growth over the past year (152.8%) exceeds its 5-year average (-13.8% per year).

Earnings vs Industry: 500530 earnings growth over the past year (152.8%) exceeded the Auto Components industry 33.8%.

Return on Equity

High ROE: 500530's Return on Equity (11.4%) is considered low.

Discover strong past performing companies

Financial Health

How is Bosch's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 500530's short term assets (₹83.5B) exceed its short term liabilities (₹43.1B).

Long Term Liabilities: 500530's short term assets (₹83.5B) exceed its long term liabilities (₹4.2B).

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 0.03%.

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

Discover healthy companies

Dividend

What is Bosch current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.77%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: 500530's dividend (0.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: 500530's dividend (0.77%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).

Stability and Growth of Payments

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.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.6%), 500530's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 500530 is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure

CEO

Soumitra Bhattacharya (61 yo)

5.42yrs

Tenure

₹74,910,470

Compensation

Mr. Soumitra Bhattacharya serves as Managing Director of Bosch Limited since December 31, 2019. Mr. Bhattacharya had been Joint Managing Director of Bosch Limited since January 01, 2017 until December 31,...

CEO Compensation Analysis

Compensation vs Market: Soumitra's total compensation ($USD957.07K) is about average for companies of similar size in the Indian market ($USD900.69K).

Compensation vs Earnings: Soumitra's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: 500530's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Experienced Board: 500530's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/06/26 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31