company background image
ENDU

Endurance Technologies NSEI:ENDURANCE Stock Report

Last Price

₹1.40k

Market Cap

₹196.9b

7D

10.4%

1Y

-13.8%

Updated

29 Jun, 2022

Data

Company Financials +
ENDURANCE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends3/6

ENDURANCE Stock Overview

Endurance Technologies Limited, together with its subsidiaries, manufactures and supplies automotive components for original equipment manufacturers in the automotive industry in India and Europe.

Endurance Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Endurance Technologies
Historical stock prices
Current Share Price₹1,400.20
52 Week High₹1,989.00
52 Week Low₹1,047.20
Beta0.81
1 Month Change10.16%
3 Month Change27.90%
1 Year Change-13.85%
3 Year Change27.74%
5 Year Change61.43%
Change since IPO116.45%

Recent News & Updates

Jun 14
Endurance Technologies (NSE:ENDURANCE) Could Be Struggling To Allocate Capital

Endurance Technologies (NSE:ENDURANCE) Could Be Struggling To Allocate Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...

May 22
Endurance Technologies (NSE:ENDURANCE) Has Announced That It Will Be Increasing Its Dividend To ₹6.25

Endurance Technologies (NSE:ENDURANCE) Has Announced That It Will Be Increasing Its Dividend To ₹6.25

Endurance Technologies Limited ( NSE:ENDURANCE ) will increase its dividend on the 22nd of September to ₹6.25. Despite...

Apr 28
Should You Investigate Endurance Technologies Limited (NSE:ENDURANCE) At ₹1,239?

Should You Investigate Endurance Technologies Limited (NSE:ENDURANCE) At ₹1,239?

Endurance Technologies Limited ( NSE:ENDURANCE ), is not the largest company out there, but it saw a double-digit share...

Shareholder Returns

ENDURANCEIN Auto ComponentsIN Market
7D10.4%7.7%3.0%
1Y-13.8%-5.8%0.3%

Return vs Industry: ENDURANCE underperformed the Indian Auto Components industry which returned -5.5% over the past year.

Return vs Market: ENDURANCE underperformed the Indian Market which returned 0.6% over the past year.

Price Volatility

Is ENDURANCE's price volatile compared to industry and market?
ENDURANCE volatility
ENDURANCE Average Weekly Movement5.3%
Auto Components Industry Average Movement6.1%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: ENDURANCE is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ENDURANCE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19853,800Anurang Jainhttps://www.endurancegroup.com

Endurance Technologies Limited, together with its subsidiaries, manufactures and supplies automotive components for original equipment manufacturers in the automotive industry in India and Europe. The company offers die castings, such as high pressure, low pressure, and gravity die castings; machining components, which comprise engines, gearboxes, and transmission parts; other metallic components assembling services, including aluminum alloys, cast iron, and steel; and suspension products design, develop, and manufacture adjustable and non-adjustable damping force inverted front forks and mono shock absorbers. It also provides transmission products comprising clutch assemblies, and cork and paper based friction plates; and continuous variable transmission assemblies; transmission housing, gearbox housing, torque convertor housing, and oil modules for electric vehicles; plastic components, including engine covers for automotive applications; and engine parts.

Endurance Technologies Fundamentals Summary

How do Endurance Technologies's earnings and revenue compare to its market cap?
ENDURANCE fundamental statistics
Market Cap₹196.94b
Earnings (TTM)₹4.61b
Revenue (TTM)₹75.49b

42.7x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENDURANCE income statement (TTM)
Revenue₹75.49b
Cost of Revenue₹44.20b
Gross Profit₹31.29b
Other Expenses₹26.68b
Earnings₹4.61b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)32.75
Gross Margin41.45%
Net Profit Margin6.10%
Debt/Equity Ratio10.2%

How did ENDURANCE perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

19%

Payout Ratio

Does ENDURANCE pay a reliable dividends?

See ENDURANCE dividend history and benchmarks
When do you need to buy ENDURANCE by to receive an upcoming dividend?
Endurance Technologies dividend dates
Ex Dividend DateAug 11 2022
Dividend Pay DateSep 22 2022
Days until Ex dividend42 days
Days until Dividend pay date84 days

Does ENDURANCE pay a reliable dividends?

See ENDURANCE dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is ENDURANCE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ENDURANCE?

Other financial metrics that can be useful for relative valuation.

ENDURANCE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.5x
Enterprise Value/EBITDA19.9x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

How does ENDURANCE's PE Ratio compare to its peers?

ENDURANCE PE Ratio vs Peers
The above table shows the PE ratio for ENDURANCE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average46.6x
SUNDRMFAST Sundram Fasteners
32.8x23.6%₹149.7b
515030 Asahi India Glass
37.6x19.1%₹129.5b
ZFCVINDIA ZF Commercial Vehicle Control Systems India
99.3xn/a₹141.0b
500086 Exide Industries
16.8x16.9%₹118.4b
ENDURANCE Endurance Technologies
42.7x25.9%₹196.9b

Price-To-Earnings vs Peers: ENDURANCE is good value based on its Price-To-Earnings Ratio (42.7x) compared to the peer average (46.6x).


Price to Earnings Ratio vs Industry

How does ENDURANCE's PE Ratio compare vs other companies in the IN Auto Components Industry?

Price-To-Earnings vs Industry: ENDURANCE is expensive based on its Price-To-Earnings Ratio (42.7x) compared to the Indian Auto Components industry average (22.1x)


Price to Earnings Ratio vs Fair Ratio

What is ENDURANCE'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.

ENDURANCE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.7x
Fair PE Ratio28.9x

Price-To-Earnings vs Fair Ratio: ENDURANCE is expensive based on its Price-To-Earnings Ratio (42.7x) compared to the estimated Fair Price-To-Earnings Ratio (28.9x).


Share Price vs Fair Value

What is the Fair Price of ENDURANCE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ENDURANCE (₹1400.2) is trading above our estimate of fair value (₹823.63)

Significantly Below Fair Value: ENDURANCE is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: ENDURANCE is poor value based on its PEG Ratio (1.6x)


Discover undervalued companies

Future Growth

How is Endurance Technologies forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


25.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENDURANCE's forecast earnings growth (25.9% per year) is above the savings rate (6.7%).

Earnings vs Market: ENDURANCE's earnings (25.9% per year) are forecast to grow faster than the Indian market (17.3% per year).

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

Revenue vs Market: ENDURANCE's revenue (13.4% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: ENDURANCE's revenue (13.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENDURANCE's Return on Equity is forecast to be low in 3 years time (17.6%).


Discover growth companies

Past Performance

How has Endurance Technologies performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


8.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ENDURANCE has high quality earnings.

Growing Profit Margin: ENDURANCE's current net profit margins (6.1%) are lower than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: ENDURANCE's earnings have grown by 8.2% per year over the past 5 years.

Accelerating Growth: ENDURANCE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ENDURANCE had negative earnings growth (-11.4%) over the past year, making it difficult to compare to the Auto Components industry average (33.8%).


Return on Equity

High ROE: ENDURANCE's Return on Equity (11.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Endurance Technologies's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ENDURANCE's short term assets (₹28.5B) exceed its short term liabilities (₹16.6B).

Long Term Liabilities: ENDURANCE's short term assets (₹28.5B) exceed its long term liabilities (₹2.8B).


Debt to Equity History and Analysis

Debt Level: ENDURANCE has more cash than its total debt.

Reducing Debt: ENDURANCE's debt to equity ratio has reduced from 35.3% to 10.2% over the past 5 years.

Debt Coverage: ENDURANCE's debt is well covered by operating cash flow (185.6%).

Interest Coverage: ENDURANCE's interest payments on its debt are well covered by EBIT (91.7x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Endurance Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.45%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 30 2022Ex Dividend DateAug 11 2022Dividend Pay DateSep 22 202242 days from Ex DividendBuy in the next 42 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ENDURANCE's dividend (0.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: ENDURANCE's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (1.85%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ENDURANCE has been paying a dividend for less than 10 years.

Growing Dividend: ENDURANCE's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.1%), ENDURANCE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (41.4%), ENDURANCE's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average management tenure


CEO

Anurang Jain (59 yo)

16.25yrs

Tenure

₹46,000,000

Compensation

Mr. Anurang Jain has been the Managing Director of Endurance Technologies Limited since March 28, 2006 and its Director since December 27, 1999 and serves as its Promoter since 2022. Mr. Jain has been asso...


CEO Compensation Analysis

Compensation vs Market: Anurang's total compensation ($USD582.22K) is about average for companies of similar size in the Indian market ($USD641.14K).

Compensation vs Earnings: Anurang's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ENDURANCE's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: ENDURANCE's board of directors are considered experienced (7 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

Endurance Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Endurance Technologies Limited
  • Ticker: ENDURANCE
  • Exchange: NSEI
  • Founded: 1985
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: ₹196.935b
  • Shares outstanding: 140.66m
  • Website: https://www.endurancegroup.com

Number of Employees


Location

  • Endurance Technologies Limited
  • E-92, MIDC Industrial Area
  • Waluj
  • Aurangabad
  • Maharashtra
  • 431136
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.