BSE:505744

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Federal-Mogul Goetze (India)

Executive Summary

Federal-Mogul Goetze (India) Limited engages in the manufacture, supply, distribution, and export of automotive components for two/three/four wheeler automobiles in India and internationally.


Snowflake Analysis

Flawless balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Federal-Mogul Goetze (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 505744 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.7%

505744

1.5%

IN Auto Components

1.3%

IN Market


1 Year Return

-33.9%

505744

-15.7%

IN Auto Components

-8.7%

IN Market

Return vs Industry: 505744 underperformed the Indian Auto Components industry which returned -15.7% over the past year.

Return vs Market: 505744 underperformed the Indian Market which returned -8.7% over the past year.


Shareholder returns

505744IndustryMarket
7 Day-5.7%1.5%1.3%
30 Day-13.3%6.8%6.6%
90 Day22.5%41.9%30.2%
1 Year-33.9%-33.9%-14.3%-15.7%-7.0%-8.7%
3 Year-32.2%-32.2%-33.7%-35.6%1.7%-3.0%
5 Year-0.7%-0.7%-4.9%-8.9%27.6%17.9%

Price Volatility Vs. Market

How volatile is Federal-Mogul Goetze (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Federal-Mogul Goetze (India) undervalued compared to its fair value and its price relative to the market?

6.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 505744 (₹382.7) is trading below our estimate of fair value (₹409.85)

Significantly Below Fair Value: 505744 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 505744 is poor value based on its PE Ratio (65.5x) compared to the Auto Components industry average (15.5x).

PE vs Market: 505744 is poor value based on its PE Ratio (65.5x) compared to the Indian market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 505744's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 505744 is overvalued based on its PB Ratio (2.6x) compared to the IN Auto Components industry average (1.2x).


Next Steps

Future Growth

How is Federal-Mogul Goetze (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

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 Federal-Mogul Goetze (India) 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.


Next Steps

Past Performance

How has Federal-Mogul Goetze (India) performed over the past 5 years?

3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 505744 has high quality earnings.

Growing Profit Margin: 505744's current net profit margins (3%) are lower than last year (6.5%).


Past Earnings Growth Analysis

Earnings Trend: 505744's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: 505744's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 505744 had negative earnings growth (-62.8%) over the past year, making it difficult to compare to the Auto Components industry average (-29.4%).


Return on Equity

High ROE: 505744's Return on Equity (4.4%) is considered low.


Next Steps

Financial Health

How is Federal-Mogul Goetze (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 505744's short term assets (₹5.4B) exceed its short term liabilities (₹2.4B).

Long Term Liabilities: 505744's short term assets (₹5.4B) exceed its long term liabilities (₹551.1M).


Debt to Equity History and Analysis

Debt Level: 505744 is debt free.

Reducing Debt: 505744 has no debt compared to 5 years ago when its debt to equity ratio was 36.3%.

Debt Coverage: 505744 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 505744 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Federal-Mogul Goetze (India) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 505744's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 505744's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 505744's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 505744's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 505744's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Vinod Hans (53yo)

4.5yrs

Tenure

Mr. Vinod Kumar Hans, has been Whole Time Managing Director of Federal-Mogul Goetze (India) Limited since January 1, 2016. Mr. Hans served as the Head of Original Equipment Sales at Federal-Mogul Goetze (I ...


CEO Compensation Analysis

Compensation vs Market: Vinod's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD303.01K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Vinod Hans
Whole Time MD & Whole Time Director4.5yrsno datano data
Manish Chadha
CFO, Finance Director & Director4.42yrsno datano data
Khalid Khan
Whole Time Director of Legal5.17yrsno data0.000010% 2.1k
Rajesh Sinha
Whole Time Director4.5yrsno datano data
Toshiaki Imai
Whole Time Directorno data₹5.10mno data
Kapil Arora
no data₹3.13mno data
Mritunjay Sahu
Director of Human Resourcesno datano datano data
Sanjeev Sharma
Director of Ops - Piston Indiano datano datano data
Sanjeev Singh
Director of AM Sales 4.42yrs₹5.54mno data
Narangampuram Sreenivasan
Director of Information Systems4.42yrsno datano data

4.5yrs

Average Tenure

50yo

Average Age

Experienced Management: 505744's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vinod Hans
Whole Time MD & Whole Time Director4.5yrsno datano data
Manish Chadha
CFO, Finance Director & Director4.42yrsno datano data
Khalid Khan
Whole Time Director of Legal5.17yrsno data0.000010% 2.1k
Rajesh Sinha
Whole Time Director4.5yrsno datano data
Toshiaki Imai
Whole Time Directorno data₹5.10mno data
Krishnamurthy Subramaniam
Independent Chairman11.25yrs₹375.00kno data
Sundareshan Kanakku Pillai
Non-Executive Independent Director3.58yrsno datano data
Sunit Kapur
Non-Executive Director6.67yrsno datano data
Nalini Jolly
Non-Executive Independent Director0.92yrno datano data
Takehiko Karasawa
Non-Executive Directorno datano datano data

4.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 505744's board of directors are considered experienced (4.5 years average tenure).


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.


Top Shareholders

Company Information

Federal-Mogul Goetze (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Federal-Mogul Goetze (India) Limited
  • Ticker: 505744
  • Exchange: BSE
  • Founded: 1954
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹21.290b
  • Shares outstanding: 55.63m
  • Website: https://www.federalmogulgoetzeindia.net

Location

  • Federal-Mogul Goetze (India) Limited
  • Tower B
  • 10th Floor
  • Gurugram
  • Haryana
  • 122002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505744BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1996
FMGOETZENSEI (National Stock Exchange of India)YesEquity SharesININRMay 1996

Biography

Federal-Mogul Goetze (India) Limited engages in the manufacture, supply, distribution, and export of automotive components for two/three/four wheeler automobiles in India and internationally. It offers pistons, piston rings, sintered parts, and wet and dry cylinder liners for a range of applications, including bi-wheelers, cars, SUVs, tractors, light and heavy commercial vehicles, stationary engines, and output locomotive diesel engines. The company also provides light metal castings comprising cylinder blocks; cylinder heads for single cylinder engines; and aluminum tube castings and aluminum crown handles for motorcycles. In addition, it offers sintered metal products comprising valve train parts, transmission parts, lubrication pump parts, and other engine and structural parts. The company was formerly known as Goetze (India) Limited and changed its name to Federal-Mogul Goetze (India) Limited in 2006. The company was founded in 1954 and is based in Gurugram, India. Federal-Mogul Goetze (India) Limited is a subsidiary of Federal Mogul Holdings Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 12:38
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.