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Benara Bearings and Pistons

BSE:541178
Snowflake Description

Fair value with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
541178
BSE
₹347M
Market Cap
  1. Home
  2. IN
  3. Automobiles
Company description

Benara Bearings and Pistons Limited manufactures and sells automobile parts in India. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
  • Benara Bearings and Pistons has significant price volatility in the past 3 months.
541178 Share Price and Events
7 Day Returns
-5.6%
BSE:541178
-2.1%
IN Auto Components
-2.2%
IN Market
1 Year Returns
-68.6%
BSE:541178
-27.2%
IN Auto Components
-3.1%
IN Market
541178 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Benara Bearings and Pistons (541178) -5.6% -19.6% -33.8% -68.6% - -
IN Auto Components -2.1% -4% -13.6% -27.2% 5% 49.1%
IN Market -2.2% -2.7% -4.1% -3.1% 22.1% 34.8%
1 Year Return vs Industry and Market
  • 541178 underperformed the Auto Components industry which returned -27.2% over the past year.
  • 541178 underperformed the Market in India which returned -3.1% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Benara Bearings and Pistons undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Benara Bearings and Pistons. This is due to cash flow or dividend data being unavailable. The share price is ₹18.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Benara Bearings and Pistons's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Benara Bearings and Pistons's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:541178 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹2.13
BSE:541178 Share Price ** BSE (2019-07-15) in INR ₹18.5
India Auto Components Industry PE Ratio Median Figure of 102 Publicly-Listed Auto Components Companies 14.1x
India Market PE Ratio Median Figure of 2,834 Publicly-Listed Companies 14.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Benara Bearings and Pistons.

BSE:541178 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:541178 Share Price ÷ EPS (both in INR)

= 18.5 ÷ 2.13

8.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Benara Bearings and Pistons is good value based on earnings compared to the IN Auto Components industry average.
  • Benara Bearings and Pistons is good value based on earnings compared to the India market.
Price based on expected Growth
Does Benara Bearings and Pistons's expected growth come at a high price?
Raw Data
BSE:541178 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
18.3%per year
India Auto Components Industry PEG Ratio Median Figure of 33 Publicly-Listed Auto Components Companies 1.17x
India Market PEG Ratio Median Figure of 534 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Benara Bearings and Pistons, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Benara Bearings and Pistons's assets?
Raw Data
BSE:541178 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹33.32
BSE:541178 Share Price * BSE (2019-07-15) in INR ₹18.5
India Auto Components Industry PB Ratio Median Figure of 112 Publicly-Listed Auto Components Companies 1.55x
India Market PB Ratio Median Figure of 3,668 Publicly-Listed Companies 0.96x
BSE:541178 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:541178 Share Price ÷ Book Value per Share (both in INR)

= 18.5 ÷ 33.32

0.56x

* Primary Listing of Benara Bearings and Pistons.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Benara Bearings and Pistons is good value based on assets compared to the IN Auto Components industry average.
X
Value checks
We assess Benara Bearings and Pistons's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Benara Bearings and Pistons has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Benara Bearings and Pistons expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Benara Bearings and Pistons, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Benara Bearings and Pistons expected to grow at an attractive rate?
  • Benara Bearings and Pistons's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Benara Bearings and Pistons's earnings growth is expected to exceed the India market average.
  • Unable to compare Benara Bearings and Pistons's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:541178 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:541178 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 18.3%
India Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 13.3%
India Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 9%
India Market Earnings Growth Rate Market Cap Weighted Average 17%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:541178 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:541178 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 1,153 38
2018-03-31 1,454 21 52
2017-03-31 1,224 -38 42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Benara Bearings and Pistons's earnings are expected to grow by 18.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Benara Bearings and Pistons is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:541178 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Benara Bearings and Pistons Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:541178 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 2.13
2018-03-31 4.17
2017-03-31 3.40

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Benara Bearings and Pistons will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Benara Bearings and Pistons's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Benara Bearings and Pistons has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Benara Bearings and Pistons performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Benara Bearings and Pistons's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Benara Bearings and Pistons's year on year earnings growth rate was positive over the past 5 years.
  • Benara Bearings and Pistons's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Benara Bearings and Pistons's 1-year earnings growth is negative, it can't be compared to the IN Auto Components industry average.
Earnings and Revenue History
Benara Bearings and Pistons's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Benara Bearings and Pistons Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:541178 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,153.49 37.78 30.50
2018-03-31 1,454.24 51.73 69.97
2017-03-31 1,223.68 42.16 69.53
2016-03-31 800.01 7.56 33.36

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Benara Bearings and Pistons has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Benara Bearings and Pistons used its assets less efficiently than the IN Auto Components industry average last year based on Return on Assets.
  • Benara Bearings and Pistons's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Benara Bearings and Pistons's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Benara Bearings and Pistons has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Benara Bearings and Pistons's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Benara Bearings and Pistons's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Benara Bearings and Pistons is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Benara Bearings and Pistons's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Benara Bearings and Pistons's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Benara Bearings and Pistons Company Filings, last reported 3 months ago.

BSE:541178 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 590.97 398.08 7.24
2018-03-31 579.05 399.36 346.05
2017-03-31 192.47 353.98 36.97
2016-03-31 154.56 282.07 40.25
  • Benara Bearings and Pistons's level of debt (67.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if Benara Bearings and Pistons's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (5.2%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Benara Bearings and Pistons's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Benara Bearings and Pistons has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Benara Bearings and Pistons's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.35%
Current annual income from Benara Bearings and Pistons dividends.
If you bought ₹2,000 of Benara Bearings and Pistons shares you are expected to receive ₹27 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Benara Bearings and Pistons's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.56%).
  • Benara Bearings and Pistons's dividend is below the markets top 25% of dividend payers in India (2.17%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:541178 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 81 Stocks 1%
India Market Average Dividend Yield Market Cap Weighted Average of 1447 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:541178 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-31 0.250 1.145

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Benara Bearings and Pistons has stable dividend payments.
  • Benara Bearings and Pistons only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Benara Bearings and Pistons's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Benara Bearings and Pistons's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Benara Bearings and Pistons afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Benara Bearings and Pistons has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Benara Bearings and Pistons's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vivek Benara
COMPENSATION ₹900,000
AGE 45
TENURE AS CEO 1.8 years
CEO Bio

Mr. Vivek Benara has been Managing Director of Benara Bearings and Pistons Limited since September 29, 2017 and serves as its Director since December 24, 2015 and he also serves as its President. Mr. Benara holds a Bachelor’s degree in Mechanical Engineering from University of Pune. He has over 20 years of experience in the field of Auto Component Industry including production of Pistons, Piston Pins, Piston Rings, Cylinder Liners, Sleeves and Air Cooled Blocks, Real Estate/Retailing. Besides, he has ventured into solar power business of the group in January 2016. He is responsible for Company’s strategic financial planning, relationship building, promoting the brand, building the team and promoting the sales of Company in the national and international markets. He is overall responsible for project management, research and analysis in the automotive industry and customer relationship. Other Directorships: • Private Limited Entities. • Benara International Private Limited. • Fore Square Retail private Limited. • Securitrans Trading Private Limited. • Benara Solar Private Limited. • Benara Infratech Private Limited.

CEO Compensation
  • Insufficient data for Vivek to compare compensation growth.
  • Vivek's remuneration is lower than average for companies of similar size in India.
Management Team

Vivek Benara

TITLE
MD, President & Director
COMPENSATION
₹900K
AGE
45
TENURE
1.8 yrs

Vipin Jain

TITLE
Chief Financial Officer
COMPENSATION
₹366K
TENURE
2.3 yrs

Artee Sahu

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹75K

Ketaki Benara

TITLE
Executive Director
COMPENSATION
₹400K
AGE
40
Board of Directors Tenure

Average tenure and age of the Benara Bearings and Pistons board of directors in years:

3
Average Tenure
52
Average Age
  • The average tenure for the Benara Bearings and Pistons board of directors is less than 3 years, this suggests a new board.
Board of Directors

Panna Jain

TITLE
Chairman
COMPENSATION
₹960K
AGE
72
TENURE
1.8 yrs

Vivek Benara

TITLE
MD, President & Director
COMPENSATION
₹900K
AGE
45
TENURE
3.6 yrs

Ketaki Benara

TITLE
Executive Director
COMPENSATION
₹400K
AGE
40
TENURE
17.7 yrs

Sarla Jain

TITLE
Non Executive Director
COMPENSATION
₹540K
AGE
70
TENURE
17.7 yrs

Avinash Kashyap

TITLE
Independent Director
AGE
59
TENURE
2.3 yrs

Nitesh Kumavat

TITLE
Independent Director
COMPENSATION
₹75K
AGE
35
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Benara Bearings and Pistons's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Benara Bearings and Pistons has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Benara Bearings and Pistons Limited manufactures and sells automobile parts in India. The company offers engine bearings and bushes, bi metallic strips, pistons, piston pins and rings, cylinder liners/sleeves, air cooled blocks, liner piston sets, cylinder kits, connecting rods, batteries/inverters, engine valves, ball bearings, spark plugs, timing chains, cam shafts, rocker arms, valve guides, and valve seals. It also provides solar PV modules. The company also exports its products to Nepal, Bangladesh, Sri Lanka, Europe, the Middle East, South East Asia, Australia, the United States, and other African countries. Benara Bearings and Pistons Limited was founded in 1970 and is based in Agra, India.

Details
Name: Benara Bearings and Pistons Limited
541178
Exchange: BSE
Founded: 1970
₹347,062,844
17,707,288
Website: http://www.benara-phb.com
Address: Benara Bearings and Pistons Limited
A-3&4, Site-B,
Industrial Area,
Agra,
Uttar Pradesh, 282007,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 541178 Equity Shares Mumbai Stock Exchange IN INR 03. Apr 2018
Number of employees
Current staff
Staff numbers
0
Benara Bearings and Pistons employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 13:06
End of day share price update: 2019/07/15 00:00
Last earnings filing: 2019/05/31
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.