505800 Stock Overview
Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally.
Rane Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹694.75|
|52 Week High||₹725.00|
|52 Week Low||₹552.00|
|1 Month Change||10.18%|
|3 Month Change||20.59%|
|1 Year Change||4.77%|
|3 Year Change||-20.68%|
|5 Year Change||-57.69%|
|Change since IPO||3,453.71%|
Recent News & Updates
|505800||IN Auto Components||IN Market|
Return vs Industry: 505800 matched the Indian Auto Components industry which returned 4.1% over the past year.
Return vs Market: 505800 underperformed the Indian Market which returned 8.8% over the past year.
|505800 Average Weekly Movement||4.2%|
|Auto Components Industry Average Movement||6.1%|
|Market Average Movement||6.4%|
|10% most volatile stocks in IN Market||9.1%|
|10% least volatile stocks in IN Market||4.2%|
Stable Share Price: 505800 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 505800's weekly volatility (4%) has been stable over the past year.
About the Company
Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. It offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, hydraulic products, power steering fluid- power cruises, intermediate shafts, and universal joint assemblies; hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and electric power steering, solid steering, energy absorbing and collapsible, and tilt and telescopic steering columns. The company also provides valve train components, including engine valves, and valve guides and mechanical tappets; friction material products, such as brake linings, disc pads, railways brake blocks, clutch facings, and commercial vehicle and sintered brake pads; and occupant safety systems, including seat belts and air bags.
Rane Holdings Fundamentals Summary
|505800 fundamental statistics|
Is 505800 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|505800 income statement (TTM)|
|Cost of Revenue||₹17.74b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||18.23|
|Net Profit Margin||0.88%|
How did 505800 perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is 505800 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 505800?
Other financial metrics that can be useful for relative valuation.
|What is 505800's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 505800's PE Ratio compare to its peers?
|505800 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
INDNIPPON India Nippon Electricals
539636 Precision Camshafts
533477 Enkei Wheels (India)
530759 Sterling Tools
505800 Rane Holdings
Price-To-Earnings vs Peers: 505800 is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the peer average (34.4x).
Price to Earnings Ratio vs Industry
How does 505800's PE Ratio compare vs other companies in the IN Auto Components Industry?
Price-To-Earnings vs Industry: 505800 is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the Indian Auto Components industry average (23x)
Price to Earnings Ratio vs Fair Ratio
What is 505800'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.
|Current PE Ratio||38.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 505800's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 505800 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 505800 (₹694.75) is trading above our estimate of fair value (₹84.33)
Significantly Below Fair Value: 505800 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Rane Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Rane Holdings 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.
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How has Rane Holdings performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 505800 has a large one-off gain of ₹288.6M impacting its June 30 2022 financial results.
Growing Profit Margin: 505800's current net profit margins (0.9%) are lower than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: 505800's earnings have declined by 48.8% per year over the past 5 years.
Accelerating Growth: 505800's earnings growth over the past year (5.2%) exceeds its 5-year average (-48.8% per year).
Earnings vs Industry: 505800 earnings growth over the past year (5.2%) underperformed the Auto Components industry 19.5%.
Return on Equity
High ROE: 505800's Return on Equity (3.5%) is considered low.
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How is Rane Holdings's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 505800's short term assets (₹11.0B) exceed its short term liabilities (₹10.7B).
Long Term Liabilities: 505800's short term assets (₹11.0B) exceed its long term liabilities (₹4.0B).
Debt to Equity History and Analysis
Debt Level: 505800's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: 505800's debt to equity ratio has increased from 53.2% to 78.4% over the past 5 years.
Debt Coverage: 505800's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 505800's interest payments on its debt are not well covered by EBIT (2.5x coverage).
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What is Rane Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 505800's dividend (1.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: 505800's dividend (1.73%) is in the top 25% of dividend payers in the Indian market (1.71%)
Stability and Growth of Payments
Stable Dividend: 505800's dividend payments have been volatile in the past 10 years.
Growing Dividend: 505800's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.8%), 505800's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 505800 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ganesh Lakshminarayan (68 yo)
Mr. Ganesh Lakshminarayan, B.Com., ACA, MBA has been Additional Independent Director at Sundaram Finance Ltd. since August 12, 2020. Mr. Lakshminarayan serves as an Executive Chairman, Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Ganesh's total compensation ($USD374.94K) is above average for companies of similar size in the Indian market ($USD37.71K).
Compensation vs Earnings: Ganesh's compensation has increased by more than 20% in the past year.
Experienced Management: 505800's management team is considered experienced (3.1 years average tenure).
Experienced Board: 505800's board of directors are considered experienced (9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rane Holdings Limited's employee growth, exchange listings and data sources
- Name: Rane Holdings Limited
- Ticker: 505800
- Exchange: BSE
- Founded: 1929
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: ₹9.920b
- Shares outstanding: 14.28m
- Website: https://www.ranegroup.com
Number of Employees
- Rane Holdings Limited
- No.132, Cathedral Road
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/10 00:00|
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.