TVS Motor
Market Cap
₹126.2b
Last Updated
2020/04/07 14:07 UTC
Data Sources
Company Financials +
Executive Summary
TVS Motor Company Limited, together with its subsidiaries, manufactures and sells automotive vehicles and components, spare parts, and accessories in India.
Rewards
Risk Analysis
Snowflake Analysis
High growth potential average dividend payer.
Similar Companies
Share Price & News
How has TVS Motor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532343's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-10.5%
532343
-3.5%
IN Auto
-1.1%
IN Market
1 Year Return
-44.9%
532343
-45.3%
IN Auto
-31.7%
IN Market
Return vs Industry: 532343 matched the Indian Auto industry which returned -45.3% over the past year.
Return vs Market: 532343 underperformed the Indian Market which returned -31.7% over the past year.
Shareholder returns
| 532343 | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.5% | -3.5% | -1.1% |
| 30 Day | -35.9% | -34.3% | -25.1% |
| 90 Day | -40.7% | -43.1% | -30.6% |
| 1 Year | -44.4%-44.9% | -44.1%-45.3% | -30.3%-31.7% |
| 3 Year | -42.8%-43.9% | -50.6%-52.4% | -20.1%-24.4% |
| 5 Year | 8.3%4.1% | -38.4%-41.3% | -11.0%-15.7% |
Price Volatility Vs. Market
How volatile is TVS Motor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
What Should We Expect From TVS Motor Company Limited's (BOM:532343) Earnings In The Next Couple Of Years?1 year ago | Simply Wall St
May Top Growth Stocks To Buy1 year ago | Simply Wall St
May Top Growth Stocks To BuyValuation
Is TVS Motor undervalued compared to its fair value and its price relative to the market?
18.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532343 (₹265.65) is trading above our estimate of fair value (₹117.77)
Significantly Below Fair Value: 532343 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532343 is poor value based on its PE Ratio (18.3x) compared to the Auto industry average (12.8x).
PE vs Market: 532343 is poor value based on its PE Ratio (18.3x) compared to the Indian market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: 532343 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 532343 is overvalued based on its PB Ratio (3.8x) compared to the IN Auto industry average (1.6x).
Next Steps
Future Growth
How is TVS Motor forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
29.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532343's forecast earnings growth (29.4% per year) is above the savings rate (6.5%).
Earnings vs Market: 532343's earnings (29.4% per year) are forecast to grow faster than the Indian market (19.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 532343's revenue (10% per year) is forecast to grow faster than the Indian market (8.8% per year).
High Growth Revenue: 532343's revenue (10% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532343's Return on Equity is forecast to be high in 3 years time (26%)
Next Steps
Past Performance
How has TVS Motor performed over the past 5 years?
14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532343 has high quality earnings.
Growing Profit Margin: 532343's current net profit margins (3.5%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 532343's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: 532343's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532343 had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Auto industry average (0%).
Return on Equity
High ROE: 532343's Return on Equity (19.6%) is considered low.
Next Steps
Financial Health
How is TVS Motor's financial position?
Financial Position Analysis
Short Term Liabilities: 532343's short term assets (₹86.2B) do not cover its short term liabilities (₹90.2B).
Long Term Liabilities: 532343's short term assets (₹86.2B) exceed its long term liabilities (₹49.8B).
Debt to Equity History and Analysis
Debt Level: 532343's debt to equity ratio (277.3%) is considered high.
Reducing Debt: 532343's debt to equity ratio has increased from 79.7% to 277.3% over the past 5 years.
Debt Coverage: 532343's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532343's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Next Steps
Dividend
What is TVS Motor's current dividend yield, its reliability and sustainability?
1.32%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532343's dividend (1.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.96%).
High Dividend: 532343's dividend (1.32%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).
Stability and Growth of Payments
Stable Dividend: 532343's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532343's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.1%), 532343's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 532343's dividends in 3 years are forecast to be well covered by earnings (26.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
K. Radhakrishnan (56yo)
no data
Tenure
₹83,008,000
Compensation
Mr. K. N. Radhakrishnan, M. Tech. has been the President of TVS Motor Company Limited since April 1, 2006 and serves as its Chief Executive Officer. Mr. Radhakrishnan serves as Additional Whole-Time Direct ...
CEO Compensation Analysis
Compensation vs Market: K.'s total compensation ($USD1.09M) is above average for companies of similar size in the Indian market ($USD660.18K).
Compensation vs Earnings: K.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 17.75yrs | ₹237.72m | 0.54% ₹682.7m | |
| President | no data | ₹83.01m | 0.00063% ₹795.1k | |
| Joint MD & Whole Time Director | 7.17yrs | ₹174.20m | no data | |
| Chief Financial Officer | 2.42yrs | ₹16.76m | 0.000050% ₹63.1k | |
| Compliance Officer & Company Secretary | 11.25yrs | ₹3.73m | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Head of Racing Team | no data | ₹2.80m | no data | |
| Executive Vice President | no data | ₹650.88k | no data | |
| Senior Vice President of Production Engineering | no data | no data | no data | |
| Senior Vice President | no data | ₹3.79m | no data |
5.6yrs
Average Tenure
60.5yo
Average Age
Experienced Management: 532343's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 17.75yrs | ₹237.72m | 0.54% ₹682.7m | |
| President | no data | ₹83.01m | 0.00063% ₹795.1k | |
| Joint MD & Whole Time Director | 7.17yrs | ₹174.20m | no data | |
| Non-Executive & Non-Independent Director | 20yrs | ₹260.00k | 0.012% ₹14.8m | |
| Independent Non-Executive Director | 20.25yrs | ₹2.72m | 0.0010% ₹1.3m | |
| Independent Non-Executive Director | 18.33yrs | ₹2.76m | no data | |
| Independent Non-Executive Director | 11yrs | ₹2.68m | 0.00021% ₹265.0k | |
| Independent Non-Executive Director | 11.08yrs | ₹2.80m | 0.023% ₹28.7m | |
| Non-Executive & Non-Independent Director | 5.58yrs | ₹100.00k | no data | |
| Independent Non-Executive Director | 7.17yrs | ₹2.12m | no data |
11.0yrs
Average Tenure
67.5yo
Average Age
Experienced Board: 532343's board of directors are seasoned and experienced ( 11 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
TVS Motor Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: TVS Motor Company Limited
- Ticker: 532343
- Exchange: BSE
- Founded: 1992
- Industry: Motorcycle Manufacturers
- Sector: Automobiles
- Market Cap: ₹126.207b
- Shares outstanding: 475.09m
- Website: https://www.tvsmotor.com
Location
- TVS Motor Company Limited
- Chaitanya
- No. 12, Khader Nawaz Khan Road
- Chennai
- Tamil Nadu
- 600034
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532343 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Nov 2000 |
| TVSMOTOR | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Nov 2000 |
Biography
TVS Motor Company Limited, together with its subsidiaries, manufactures and sells automotive vehicles and components, spare parts, and accessories in India. It operates through Automotive Vehicles and Parts, Automotive Components, Financial Services, and Others segments. The company offers motorcycles under the Apache, Radeon, Victor, StaR City+, and Sport names; scooters under the Ntorq, Jupiter, Wego, Scooty Zest 110, and Scooty Pep + names; mopeds under the XL 100, XL 100 Comfort, XL 100 Heavy Duty, and XL i-Touch start names; and three wheelers. It also develops residential projects; and provides financing for two-wheelers. The company also exports its products. TVS Motor Company Limited distributes its products through a network of authorized dealers. The company was incorporated in 1992 and is based in Chennai, India. TVS Motor Company Limited is a subsidiary of Sundaram-Clayton Limited.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/07 14:07 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2019/12/31 |
| 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.