Federal-Mogul Goetze (India) (BSE:505744) - Share price, News & Analysis

505744 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

505744 Overview

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.

Rewards

Became profitable this year

Risk Analysis

Earnings have declined by 47.5% per year over past 5 years

Large one-off items impacting financial results

Federal-Mogul Goetze (India) Competitors

Varroc Engineering

NSEI:VARROC

₹44.9b

Shriram Pistons & Rings

NSEI:SHRIPISTON

₹20.5b

Rane Engine Valve

BSE:532988

₹1.9b

Samkrg Pistons and Rings

BSE:520075

₹1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Federal-Mogul Goetze (India)
Historical stock prices
Current Share Price	₹268.65
52 Week High	₹247.85
52 Week Low	₹358.20
Beta	0.77
1 Month Change	-1.54%
3 Month Change	-12.66%
1 Year Change	-6.67%
3 Year Change	-34.54%
5 Year Change	-44.78%
Change since IPO	321.41%

Shareholder Returns

	505744	IN Auto Components	IN Market
7D	-3.7%	-5.2%	-1.0%
1Y	-6.7%	72.8%	63.7%

Return vs Industry: 505744 underperformed the Indian Auto Components industry which returned 75.5% over the past year.

Return vs Market: 505744 underperformed the Indian Market which returned 65.9% over the past year.

Price Volatility

Is 505744's price volatile compared to industry and market?
505744 volatility
505744 Beta	0.77
Industry Beta	0.97
Market Beta	1

Stable Share Price: 505744 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 505744's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1954	3,133	Vinod Hans	https://www.federalmogulgoetzeindia.net

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, 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.

Federal-Mogul Goetze (India) Fundamentals Summary

How do Federal-Mogul Goetze (India)'s earnings and revenue compare to its market cap?
505744 fundamental statistics
Market Cap	₹14.95b
Earnings (TTM)	₹509.13m
Revenue (TTM)	₹13.28b

29.4x

P/E Ratio

1.1x

P/S Ratio

Is 505744 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
505744 income statement (TTM)
Revenue	₹13.28b
Cost of Revenue	₹4.30b
Gross Profit	₹8.98b
Expenses	₹8.47b
Earnings	₹509.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	9.15
Gross Margin	67.63%
Net Profit Margin	3.83%
Debt/Equity Ratio	1.1%

How did 505744 perform over the long term?

See historical performance and comparison

Valuation

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

29.36x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 505744 (₹268.65) is trading above our estimate of fair value (₹197.55)

Significantly Below Fair Value: 505744 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 505744 is poor value based on its PE Ratio (29.4x) compared to the Indian Auto Components industry average (21.6x).

PE vs Market: 505744 is poor value based on its PE Ratio (29.4x) compared to the Indian market (21.9x).

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 good value based on its PB Ratio (1.8x) compared to the IN Auto Components industry average (2.1x).

Future Growth

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

22.1%

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.

Past Performance

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

-47.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 505744 has a large one-off loss of ₹427.5M impacting its June 30 2021 financial results.

Growing Profit Margin: 505744 became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: 505744's earnings have declined by 47.5% per year over the past 5 years.

Accelerating Growth: 505744 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 505744 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (139.8%).

Return on Equity

High ROE: 505744's Return on Equity (6.4%) is considered low.

Financial Health

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

Financial Position Analysis

Short Term Liabilities: 505744's short term assets (₹7.0B) exceed its short term liabilities (₹3.4B).

Long Term Liabilities: 505744's short term assets (₹7.0B) exceed its long term liabilities (₹940.7M).

Debt to Equity History and Analysis

Debt Level: 505744's debt to equity ratio (1.1%) is considered satisfactory.

Reducing Debt: 505744's debt to equity ratio has reduced from 25.9% to 1.1% over the past 5 years.

Debt Coverage: 505744's debt is well covered by operating cash flow (1585.4%).

Interest Coverage: 505744's interest payments on its debt are well covered by EBIT (39.3x coverage).

Balance Sheet

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

Explore strong dividend paying companies in the Automobiles industry.

Management

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

5.7yrs

Average management tenure

CEO

Vinod Hans (54 yo)

5.75yrs

Tenure

₹21,339,531

Compensation

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 ($USD284.21K) is above average for companies of similar size in the Indian market ($USD191.15K).

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

Leadership Team

Experienced Management: 505744's management team is seasoned and experienced (5.7 years average tenure).

Board Members

Experienced Board: 505744's board of directors are considered experienced (5.8 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.

Recent Insider Transactions

Ownership Breakdown

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

Data	Last Updated (UTC time)
Company Analysis	2021/10/20 15:16
End of Day Share Price	2021/10/20 00:00
Earnings	2021/06/30
Annual Earnings	2021/03/31

Market Cap

7D

1Y

Updated

Data