| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
BAJAJ-AUTO Overview
Bajaj Auto Limited develops, manufactures, and distributes automobiles in India.
Bajaj Auto Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹3,791.75 |
| 52 Week High | ₹2,822.45 |
| 52 Week Low | ₹4,361.40 |
| Beta | 0.94 |
| 1 Month Change | -0.47% |
| 3 Month Change | -0.70% |
| 1 Year Change | 28.65% |
| 3 Year Change | 48.33% |
| 5 Year Change | 34.19% |
| Change since IPO | 1,153.99% |
Recent News & Updates
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Shareholder Returns
| BAJAJ-AUTO | IN Auto | IN Market | |
|---|---|---|---|
| 7D | -3.1% | -1.5% | -2.3% |
| 1Y | 28.6% | 38.8% | 62.5% |
Return vs Industry: BAJAJ-AUTO underperformed the Indian Auto industry which returned 37.5% over the past year.
Return vs Market: BAJAJ-AUTO underperformed the Indian Market which returned 61.7% over the past year.
Price Volatility
| BAJAJ-AUTO volatility | |
|---|---|
| BAJAJ-AUTO Beta | 0.94 |
| Industry Beta | 1.24 |
| Market Beta | 1 |
Stable Share Price: BAJAJ-AUTO is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BAJAJ-AUTO's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1945 | 10,044 | Rajiv Bajaj | https://www.bajajauto.com |
Bajaj Auto Limited develops, manufactures, and distributes automobiles in India. It operates through two segments, Automotive and Investments. The company offers motorcycles, commercial vehicles, electric two-wheelers, etc., as well as related parts.
Bajaj Auto Fundamentals Summary
| BAJAJ-AUTO fundamental statistics | |
|---|---|
| Market Cap | ₹1.09t |
| Earnings (TTM) | ₹56.32b |
| Revenue (TTM) | ₹332.56b |
19.5x
P/E Ratio3.3x
P/S RatioIs BAJAJ-AUTO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BAJAJ-AUTO income statement (TTM) | |
|---|---|
| Revenue | ₹332.56b |
| Cost of Revenue | ₹230.42b |
| Gross Profit | ₹102.14b |
| Expenses | ₹45.82b |
| Earnings | ₹56.32b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
| Earnings per share (EPS) | 194.62 |
| Gross Margin | 30.71% |
| Net Profit Margin | 16.93% |
| Debt/Equity Ratio | 0.0% |
How did BAJAJ-AUTO perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield72%
Payout RatioValuation
Is Bajaj Auto undervalued compared to its fair value and its price relative to the market?
19.48x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BAJAJ-AUTO (₹3791.75) is trading above our estimate of fair value (₹2194.88)
Significantly Below Fair Value: BAJAJ-AUTO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BAJAJ-AUTO is good value based on its PE Ratio (19.5x) compared to the Indian Auto industry average (34.5x).
PE vs Market: BAJAJ-AUTO is good value based on its PE Ratio (19.5x) compared to the Indian market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: BAJAJ-AUTO is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: BAJAJ-AUTO is overvalued based on its PB Ratio (4x) compared to the IN Auto industry average (3.5x).
Future Growth
How is Bajaj Auto forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
12.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAJAJ-AUTO's forecast earnings growth (12.2% per year) is above the savings rate (6.7%).
Earnings vs Market: BAJAJ-AUTO's earnings (12.2% per year) are forecast to grow slower than the Indian market (19.1% per year).
High Growth Earnings: BAJAJ-AUTO's earnings are forecast to grow, but not significantly.
Revenue vs Market: BAJAJ-AUTO's revenue (11.4% per year) is forecast to grow slower than the Indian market (12.8% per year).
High Growth Revenue: BAJAJ-AUTO's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BAJAJ-AUTO's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Bajaj Auto performed over the past 5 years?
6.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAJAJ-AUTO has high quality earnings.
Growing Profit Margin: BAJAJ-AUTO's current net profit margins (16.9%) are lower than last year (17.2%).
Past Earnings Growth Analysis
Earnings Trend: BAJAJ-AUTO's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: BAJAJ-AUTO's earnings growth over the past year (22.6%) exceeds its 5-year average (6.1% per year).
Earnings vs Industry: BAJAJ-AUTO earnings growth over the past year (22.6%) underperformed the Auto industry 25.7%.
Return on Equity
High ROE: BAJAJ-AUTO's Return on Equity (20.6%) is considered high.
Financial Health
How is Bajaj Auto's financial position?
Financial Position Analysis
Short Term Liabilities: BAJAJ-AUTO's short term assets (₹141.9B) exceed its short term liabilities (₹56.4B).
Long Term Liabilities: BAJAJ-AUTO's short term assets (₹141.9B) exceed its long term liabilities (₹6.8B).
Debt to Equity History and Analysis
Debt Level: BAJAJ-AUTO is debt free.
Reducing Debt: BAJAJ-AUTO has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: BAJAJ-AUTO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BAJAJ-AUTO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Bajaj Auto current dividend yield, its reliability and sustainability?
3.69%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BAJAJ-AUTO's dividend (3.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: BAJAJ-AUTO's dividend (3.69%) is in the top 25% of dividend payers in the Indian market (1.42%)
Stability and Growth of Payments
Stable Dividend: BAJAJ-AUTO's dividends per share have been stable in the past 10 years.
Growing Dividend: BAJAJ-AUTO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.9%), BAJAJ-AUTO's dividend payments are 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
How experienced are the management team and are they aligned to shareholders interests?
10.3yrs
Average management tenure
CEO
Rajiv Bajaj (55 yo)
16.5yrs
Tenure
₹405,700,000
Compensation
Mr. Rajivnayan Rahulkumar Bajaj also known as Rajiv, is a Non-Executive Non-Independent Director of Bajaj Electricals Limited since May 22, 2019. Mr. Bajaj serves as Managing Director of Bajaj Capital Limi...
CEO Compensation Analysis
Compensation vs Market: Rajiv's total compensation ($USD5.41M) is above average for companies of similar size in the Indian market ($USD1.14M).
Compensation vs Earnings: Rajiv's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BAJAJ-AUTO's management team is seasoned and experienced (10.3 years average tenure).
Board Members
Experienced Board: BAJAJ-AUTO's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BAJAJ-AUTO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Bajaj Auto Limited's employee growth, exchange listings and data sources
Key Information
- Name: Bajaj Auto Limited
- Ticker: BAJAJ-AUTO
- Exchange: NSEI
- Founded: 1945
- Industry: Motorcycle Manufacturers
- Sector: Automobiles
- Market Cap: ₹1.093t
- Shares outstanding: 289.37m
- Website: https://www.bajajauto.com
Number of Employees
Location
- Bajaj Auto Limited
- Mumbai-Pune Road
- Akurdi
- Pune
- Maharashtra
- 411035
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 16:23 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
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.