NSEI:JBMA

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Reasonable growth potential average dividend payer.


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

Stable Share Price: JBMA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.2%

JBMA

1.1%

IN Auto Components

-1.3%

IN Market


1 Year Return

10.2%

JBMA

-7.3%

IN Auto Components

-2.5%

IN Market

Return vs Industry: JBMA exceeded the Indian Auto Components industry which returned -7.3% over the past year.

Return vs Market: JBMA exceeded the Indian Market which returned -2.5% over the past year.


Shareholder returns

JBMAIndustryMarket
7 Day1.2%1.1%-1.3%
30 Day3.3%-3.1%1.6%
90 Day28.6%9.1%6.0%
1 Year10.2%10.2%-6.2%-7.3%-0.7%-2.5%
3 Year-55.6%-56.5%-34.2%-36.1%-4.5%-9.2%
5 Year44.2%39.1%11.3%6.6%39.6%29.1%

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?

43.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JBMA (₹242.4) is trading above our estimate of fair value (₹179.31)

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


Price To Earnings Ratio

PE vs Industry: JBMA is poor value based on its PE Ratio (43.3x) compared to the IN Auto Components industry average (29.8x).

PE vs Market: JBMA is poor value based on its PE Ratio (43.3x) compared to the Indian market (16x).


Price to Earnings Growth Ratio

PEG Ratio: JBMA is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: JBMA is overvalued based on its PB Ratio (1.6x) 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 1 analyst?

53.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JBMA's forecast earnings growth (53.1% per year) is above the savings rate (7.2%).

Earnings vs Market: JBMA's earnings (53.1% per year) are forecast to grow faster than the Indian market (25.6% per year).

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

Revenue vs Market: JBMA's revenue (19.1% per year) is forecast to grow faster than the Indian market (11.3% per year).

High Growth Revenue: JBMA's revenue (19.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JBMA's Return on Equity is forecast to be low in 3 years time (12%).


Next Steps

Past Performance

How has JBM Auto performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JBMA has high quality earnings.

Growing Profit Margin: JBMA's current net profit margins (1.7%) are lower than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: JBMA's earnings have grown by 1.8% per year over the past 5 years.

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

Earnings vs Industry: JBMA had negative earnings growth (-65.8%) over the past year, making it difficult to compare to the Auto Components industry average (-56.9%).


Return on Equity

High ROE: JBMA's Return on Equity (3.7%) is considered low.


Next Steps

Financial Health

How is JBM Auto's financial position?


Financial Position Analysis

Short Term Liabilities: JBMA's short term assets (₹9.6B) do not cover its short term liabilities (₹10.0B).

Long Term Liabilities: JBMA's short term assets (₹9.6B) exceed its long term liabilities (₹3.1B).


Debt to Equity History and Analysis

Debt Level: JBMA's debt to equity ratio (91.6%) is considered high.

Reducing Debt: JBMA's debt to equity ratio has reduced from 130% to 91.6% over the past 5 years.

Debt Coverage: JBMA's debt is well covered by operating cash flow (57.4%).

Interest Coverage: JBMA's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Next Steps

Dividend

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

0.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JBMA's dividend (0.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: JBMA's dividend (0.73%) is low compared to the top 25% of dividend payers in the Indian market (2.35%).


Stability and Growth of Payments

Stable Dividend: JBMA's dividend payments have been volatile in the past 10 years.

Growing Dividend: JBMA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.6%), JBMA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JBMA's dividends in 3 years are forecast to be thoroughly covered by earnings (13.6% payout ratio).


Next Steps

Management

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

5.4yrs

Average board tenure


CEO

Sandip Sanyal

no data

Tenure

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


Board Members

NamePositionTenureCompensationOwnership
Sandip Sanyal
Whole-Time Executive Directorno datano datano data
Surendra Arya
Non-Executive Chairmanno data₹40.00k0.86%
₹ 99.0m
Mahesh Aggarwal
Independent Non-Executive Director20.75yrs₹40.00kno data
Nishant Arya
Non-Executive Director11.25yrs₹20.00k0.72%
₹ 82.3m
Pravin Tripathi
Independent Director3.08yrs₹40.00kno data
Praveen Tripathi
Non-Executive Independent Director1.25yrsno datano data

5.4yrs

Average Tenure

67yo

Average Age

Experienced Board: JBMA's board of directors are considered experienced (5.4 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 been diluted in the past year, with total shares outstanding growing by 15.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: JBM Auto Limited
  • Ticker: JBMA
  • Exchange: NSEI
  • Founded: 1996
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹11.475b
  • Shares outstanding: 47.30m
  • 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 Analysis2020/10/30 12:35
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.