BSE:532605

Stock Analysis Report

Executive Summary

JBM Auto Limited manufactures and sells auto components, tools, and buses in India and internationally.

Snowflake

Fundamentals

Solid track record with reasonable growth potential.


Similar Companies

Share Price & News

How has JBM Auto's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.5%

532605

4.7%

IN Auto Components

3.1%

IN Market


1 Year Return

-25.0%

532605

-23.2%

IN Auto Components

3.7%

IN Market

Return vs Industry: 532605 underperformed the Indian Auto Components industry which returned -23.2% over the past year.

Return vs Market: 532605 underperformed the Indian Market which returned 3.7% over the past year.


Shareholder returns

532605IndustryMarket
7 Day-6.5%4.7%3.1%
30 Day45.6%3.8%5.7%
90 Day19.4%-0.5%1.4%
1 Year-23.8%-25.0%-22.4%-23.2%5.9%3.7%
3 Year-19.7%-21.8%-10.4%-12.6%22.3%16.0%
5 Year-19.0%-23.0%27.7%22.9%42.5%28.9%

Price Volatility Vs. Market

How volatile is JBM Auto's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JBM Auto undervalued compared to its fair value and its price relative to the market?

11.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: 532605 (₹219.95) is trading above our estimate of fair value (₹140.64)

Significantly Undervalued: 532605 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532605 is good value based on its PE Ratio (11.7x) compared to the Auto Components industry average (12.9x).

PE vs Market: 532605 is good value based on its PE Ratio (11.7x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

Low PEG Ratio: 532605 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 532605 is overvalued based on its PB Ratio (1.8x) compared to the IN Auto Components industry average (1.3x).


Next Steps

Future Growth

How is JBM Auto forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

21.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532605's forecast earnings growth (21.4% per year) is above the savings rate (7.6%).

Earnings vs Market: 532605's earnings (21.4% per year) are forecast to grow faster than the Indian market (18.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532605's revenue (13.2% per year) is forecast to grow faster than the Indian market (11.4% per year).

High Growth Revenue: 532605's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 532605's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has JBM Auto performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 532605's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: 532605's earnings growth over the past year (2.9%) exceeds its 5-year average (2.4% per year).

Earnings vs Industry: 532605 earnings growth over the past year (2.9%) exceeded the Auto Components industry -4.6%.


Return on Equity

High ROE: 532605's Return on Equity (14.6%) is considered low.


Return on Assets

ROA vs Industry: 532605 has a higher Return on Assets than the Auto Components industry average last year.


Return on Capital Employed

ROCE Improving: 532605 has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is JBM Auto's financial position?


Financial Position Analysis

Short Term Liabilities: 532605's short term assets (₹8.4B) exceeds its short term liabilities (₹8.1B)

Long Term Liabilities: 532605's short term assets (8.4B) exceeds its long term liabilities (2.4B)


Debt to Equity History and Analysis

Debt Level: 532605's debt to equity ratio (109.9%) is considered high

Reducing Debt: 532605's debt to equity ratio has increased from 104.6% to 109.9% over the past 5 years.

Debt Coverage: 532605's debt is not well covered by operating cash flow (18.7%).

Interest Coverage: 532605's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet

Inventory Level: 532605 has a high level of physical assets or inventory.

Debt Coverage by Assets: 532605's debt is covered by short term assets (assets are 1.321200x debt).


Next Steps

Dividend

What is JBM Auto's current dividend yield, its reliability and sustainability?

1.02%

Current Dividend Yield


Dividend Yield vs Market

company1.0%marketbottom25%0.6%markettop25%2.5%industryaverage1.0%forecastin3Years1.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 532605's dividend (1.02%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 532605's dividend (1.02%) is low compared to the top 25% of dividend payers in the Indian market (2.48%).

Stable Dividend: 532605 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 532605's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.9%), 532605's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of JBM Auto's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average board tenure


CEO

Sandip Sanyal 0

0yrs

Tenure

0

Mr. Sandip Sanyal has been a Whole-Time Director at JBM Auto Limited since May 18, 2015. 


Board Age and Tenure

4.4yrs

Average Tenure

66yo

Average Age

Experienced Board: 532605's board of directors are considered experienced (4.4 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Vivek Gupta (49yo)

    CFO, Compliance Officer & Company Secretary

    • Tenure: 5.5yrs
  • Sandip Sanyal

    Whole-Time Executive Director

    • Tenure: 0yrs

Board Members

  • Surendra Arya (62yo)

    Non-Executive Chairman

    • Tenure: 0yrs
    • Compensation: ₹40.00k
  • Mahesh Aggarwal (75yo)

    Independent Non-Executive Director

    • Tenure: 19.8yrs
    • Compensation: ₹40.00k
  • Nishant Arya (33yo)

    Non-Executive Director

    • Tenure: 10.3yrs
    • Compensation: ₹20.00k
  • Pravin Tripathi (70yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: ₹40.00k
  • Sandip Sanyal

    Whole-Time Executive Director

    • Tenure: 0yrs
  • Praveen Tripathi (66yo)

    Non-Executive Independent Director

    • Tenure: 0.3yrs

Company Information

JBM Auto Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JBM Auto Limited
  • Ticker: 532605
  • Exchange: BSE
  • Founded: 1996
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹9.161b
  • Shares outstanding: 40.80m
  • Website: https://www.jbmgroup.com/JBM-Auto-Ltd.php

Number of Employees


Location

  • JBM Auto Limited
  • Plot No. 9
  • Institutional Area
  • Gurugram
  • Haryana
  • 122003
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532605BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2004
JBMANSEI (National Stock Exchange of India)YesEquity SharesININRDec 2004

Biography

JBM Auto Limited manufactures and sells auto components, tools, and buses in India and internationally. It operates through Sheet Metal Components, Assemblies & Sub-assemblies; Tool, Dies & Moulds; and OEM ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 12:33
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.