JBM Auto
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JBM Auto Limited, an automotive company, engages in the automotive business in India and internationally. The last earnings update was 68 days ago. More info.
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JBMA Share Price and Events
7 Day Returns
1 Year Returns
JBMA Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| JBM Auto (JBMA) | -1.5% | 1.6% | -6.5% | -38.4% | 77.9% | 596% |
| IN Auto Components | 1.6% | -0.1% | -2.2% | -22.5% | 33.5% | 139.6% |
| IN Market | 0.8% | 2.1% | 5.8% | -0.7% | 41.2% | 72.5% |
1 Year Return vs Industry and Market
- JBMA underperformed the Auto Components industry which returned -22.5% over the past year.
- JBMA underperformed the Market in India which returned -0.7% over the past year.
Value
Is JBM Auto 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
Here we compare the current
share
price of
JBM Auto
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for JBM Auto.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 19.3% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Auto Components Unlevered Beta | Simply Wall St/ S&P Global | 1.16 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.159 (1 + (1- 35%) (51.99%)) |
1.369 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.37 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.369 * 8.6%) |
19.32% |
Discounted Cash Flow Calculation for NSEI:JBMA using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for JBM Auto is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 19.32%) |
|
|---|---|---|---|
| 2019 | 112.37 | Est @ 9.95% | 94.17 |
| 2020 | 122.73 | Est @ 9.23% | 86.20 |
| 2021 | 133.44 | Est @ 8.72% | 78.55 |
| 2022 | 144.61 | Est @ 8.37% | 71.34 |
| 2023 | 156.36 | Est @ 8.13% | 64.65 |
| 2024 | 168.80 | Est @ 7.95% | 58.49 |
| 2025 | 182.02 | Est @ 7.83% | 52.86 |
| 2026 | 196.12 | Est @ 7.75% | 47.73 |
| 2027 | 211.20 | Est @ 7.69% | 43.08 |
| 2028 | 227.35 | Est @ 7.65% | 38.86 |
| Present value of next 10 years cash flows | ₹635.93 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹227.35 × (1 + 7.55%) ÷ (19.32% – 7.55%) |
₹2,077.29 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹2,077.29 ÷ (1 + 19.32%)10 |
₹355.08 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹635.93 + ₹355.08 |
₹991.01 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹991.01 / 40.80 |
₹24.29 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in NSEI:JBMA
represents 0.99444x
of
BSE:532605
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
0.99444x |
| Value per Share (Listing Adjusted, INR) |
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 24.29 x 0.99444 |
₹24.16 |
| Value per share (INR) | From above. | ₹24.16 |
| Current discount | Discount to share price of
₹268.50
= -1 x (₹268.50 - ₹24.16) / ₹24.16 |
-1011.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of JBM Auto is above its future cash flow value.
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 JBM Auto's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
JBM Auto's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in INR | ₹19.51 |
| BSE:532605 Share Price ** | BSE (2019-04-18) in INR | ₹270 |
| India Auto Components Industry PE Ratio | Median Figure of 100 Publicly-Listed Auto Components Companies | 16.01x |
| India Market PE Ratio | Median Figure of 2,738 Publicly-Listed Companies | 16.33x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of JBM Auto.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:532605 Share Price ÷ EPS (both in INR) = 270 ÷ 19.51 |
13.84x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- JBM Auto is good value based on earnings compared to the IN Auto Components industry average.
- JBM Auto is good value based on earnings compared to the India market.
Price based on expected Growth
Does
JBM Auto's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 13.84x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
10.6%per year |
| India Auto Components Industry PEG Ratio | Median Figure of 36 Publicly-Listed Auto Components Companies | 1.3x |
| India Market PEG Ratio | Median Figure of 584 Publicly-Listed Companies | 1.32x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 13.84x ÷ 10.6% |
1.3x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- JBM Auto is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
JBM Auto's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in INR | ₹110.02 |
| BSE:532605 Share Price * | BSE (2019-04-18) in INR | ₹270 |
| India Auto Components Industry PB Ratio | Median Figure of 111 Publicly-Listed Auto Components Companies | 2.09x |
| India Market PB Ratio | Median Figure of 3,628 Publicly-Listed Companies | 1.11x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:532605 Share Price ÷ Book Value per Share (both in INR) = 270 ÷ 110.02 |
2.45x |
* Primary Listing of JBM Auto.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- JBM Auto is overvalued based on assets compared to the IN Auto Components industry average.
Value checks
We assess JBM Auto's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check) JBM Auto has a total score of 2/6, 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 JBM Auto expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
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!
Earnings growth vs Low Risk Savings
- JBM Auto's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- JBM Auto's earnings growth is positive but not above the India market average.
- JBM Auto's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:JBMA Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 10.6% |
| NSEI:JBMA Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 7.2% |
| India Auto Components Industry Earnings Growth Rate | Market Cap Weighted Average | 16.3% |
| India Auto Components Industry Revenue Growth Rate | Market Cap Weighted Average | 11% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.5% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-03-31 | 19,097 | 900 | 1 | |
| 2019-03-31 | 17,682 | 800 | 1 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 17,526 | 796 | |
| 2018-09-30 | 17,190 | 767 | |
| 2018-06-30 | 16,770 | 747 | |
| 2018-03-31 | 16,341 | 692 | 705 |
| 2017-12-31 | 18,591 | 634 | |
| 2017-09-30 | 18,305 | 633 | |
| 2017-06-30 | 18,091 | 633 | |
| 2017-03-31 | 15,019 | 1,189 | 654 |
| 2016-12-31 | 17,449 | 603 | |
| 2016-09-30 | 16,224 | 528 | |
| 2016-06-30 | 15,954 | 516 | |
| 2016-03-31 | 15,178 | 1,453 | 506 |
*GAAP earnings excluding extraordinary items.
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 1 Analyst Estimates (S&P Global) | See Below |
All data from JBM Auto Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-03-31 | 22.06 | 22.06 | 22.06 | 1.00 |
| 2019-03-31 | 19.60 | 19.60 | 19.60 | 1.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-12-31 | 19.51 |
| 2018-09-30 | 18.80 |
| 2018-06-30 | 18.30 |
| 2018-03-31 | 17.27 |
| 2017-12-31 | 15.53 |
| 2017-09-30 | 15.51 |
| 2017-06-30 | 15.51 |
| 2017-03-31 | 16.02 |
| 2016-12-31 | 14.78 |
| 2016-09-30 | 12.92 |
| 2016-06-30 | 12.65 |
| 2016-03-31 | 12.39 |
*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 JBM Auto will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess JBM Auto's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
JBM Auto has a total score of 1/6, 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 JBM Auto 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
Past Earnings growth analysis
- JBM Auto's year on year earnings growth rate has been positive over the past 5 years.
- JBM Auto's 1-year earnings growth exceeds its 5-year average (25.6% vs 4.2%)
- JBM Auto's earnings growth has not exceeded the IN Auto Components industry average in the past year (25.6% vs 25.6%).
Earnings and Revenue History
All data from JBM Auto Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 17,525.61 | 795.86 | 1,728.97 | |
| 2018-09-30 | 17,190.31 | 767.16 | 1,703.27 | |
| 2018-06-30 | 16,770.01 | 746.86 | 1,701.07 | |
| 2018-03-31 | 16,340.71 | 704.66 | 1,671.17 | |
| 2017-12-31 | 18,591.10 | 633.89 | 2,012.98 | |
| 2017-09-30 | 18,304.60 | 632.75 | 2,005.78 | |
| 2017-06-30 | 18,091.10 | 632.89 | 2,007.98 | |
| 2017-03-31 | 15,019.17 | 653.69 | 1,664.96 | |
| 2016-12-31 | 17,448.80 | 602.57 | 2,026.91 | |
| 2016-09-30 | 16,223.70 | 527.57 | 1,948.01 | |
| 2016-06-30 | 15,954.40 | 516.27 | 1,865.31 | |
| 2016-03-31 | 15,177.60 | 505.57 | 1,752.95 | |
| 2015-12-31 | 14,708.08 | 570.18 | 1,746.27 | |
| 2015-09-30 | 15,429.18 | 728.58 | 1,701.57 | |
| 2015-06-30 | 15,322.98 | 700.68 | 1,627.07 | |
| 2015-03-31 | 15,569.48 | 744.38 | 1,434.29 | |
| 2014-12-31 | 15,642.85 | 803.95 | 1,467.59 | |
| 2014-09-30 | 15,697.33 | 715.66 | 1,409.41 | |
| 2014-06-30 | 14,938.70 | 670.32 | 1,336.34 | |
| 2014-03-31 | 13,638.91 | 497.29 | 1,248.15 | |
| 2013-12-31 | 13,101.76 | 378.16 | 1,198.74 | |
| 2013-09-30 | 11,851.25 | 316.41 | 1,029.00 | |
| 2013-06-30 | 11,834.72 | 283.44 | 983.07 | |
| 2013-03-31 | 11,744.84 | 321.36 | 1,074.38 | |
| 2012-12-31 | 11,338.09 | 374.41 | 978.95 | |
| 2012-09-30 | 10,948.12 | 335.78 | 934.54 | |
| 2012-06-30 | 10,027.09 | 285.43 | 878.68 |
*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.
- JBM Auto has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- JBM Auto used its assets more efficiently than the IN Auto Components industry average last year based on Return on Assets.
- JBM Auto's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess JBM Auto's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
JBM Auto has a total score of 3/6, 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 JBM Auto'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 JBM Auto's finances.
The net worth of a company is the difference between its assets and liabilities.
- JBM Auto is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- JBM Auto's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.3x 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.
All data from JBM Auto Company Filings, last reported 3 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 5,271.60 | 5,726.30 | 143.20 |
| 2018-09-30 | 5,271.60 | 5,726.30 | 143.20 |
| 2018-06-30 | 4,907.22 | 5,726.65 | 30.42 |
| 2018-03-31 | 4,907.22 | 5,726.65 | 30.42 |
| 2017-12-31 | 4,530.30 | 4,601.00 | 62.70 |
| 2017-09-30 | 4,530.30 | 4,601.00 | 62.70 |
| 2017-06-30 | 5,020.66 | 5,222.42 | 28.51 |
| 2017-03-31 | 4,193.27 | 5,224.12 | 30.40 |
| 2016-12-31 | 4,701.70 | 4,488.10 | 40.30 |
| 2016-09-30 | 4,701.70 | 4,488.10 | 40.30 |
| 2016-06-30 | 4,283.04 | 5,257.23 | 74.95 |
| 2016-03-31 | 4,283.04 | 5,257.23 | 74.95 |
| 2015-12-31 | 4,204.30 | 4,293.20 | 99.20 |
| 2015-09-30 | 4,204.30 | 4,293.20 | 99.20 |
| 2015-06-30 | 3,768.10 | 4,923.36 | 112.82 |
| 2015-03-31 | 3,768.10 | 4,923.36 | 112.82 |
| 2014-12-31 | 3,379.59 | 3,419.21 | 123.51 |
| 2014-09-30 | 3,379.59 | 3,419.21 | 123.51 |
| 2014-06-30 | 2,985.13 | 3,125.20 | 73.93 |
| 2014-03-31 | 2,985.13 | 3,125.20 | 73.93 |
| 2013-12-31 | 2,390.43 | 3,243.49 | 93.20 |
| 2013-09-30 | 2,390.43 | 3,243.49 | 93.20 |
| 2013-06-30 | 2,182.14 | 3,271.68 | 56.20 |
| 2013-03-31 | 2,182.14 | 3,747.17 | 56.20 |
| 2012-12-31 | 2,046.90 | 2,947.75 | 59.93 |
| 2012-09-30 | 2,046.90 | 2,947.75 | 59.93 |
| 2012-06-30 | 1,838.68 | 3,472.39 | 75.25 |
- JBM Auto's level of debt (108.6%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (135.3% vs 108.6% today).
- Debt is not well covered by operating cash flow (12.1%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).
Financial health checks
We assess JBM Auto's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) JBM Auto has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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 JBM Auto'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
If you bought
₹2,000 of
JBM Auto
shares you are expected to receive
₹15
in your first year as a dividend.
Dividend Amount
- JBM Auto's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
- JBM Auto's dividend is below the markets top 25% of dividend payers in India (1.92%).
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.
| 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 1 Analyst Estimates (S&P Global) | See Below |
| India Auto Components Industry Average Dividend Yield | Market Cap Weighted Average of 77 Stocks | 0.8% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1400 Stocks | 1.3% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-03-31 | ||
| 2019-03-31 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-08-06 | 2.000 | 0.685 |
| 2018-05-15 | 2.000 | 0.573 |
| 2017-08-18 | 2.000 | 0.420 |
| 2016-09-06 | 1.750 | 0.662 |
| 2015-08-12 | 2.500 | 1.589 |
| 2015-05-18 | 2.500 | 1.358 |
| 2014-09-24 | 0.750 | 0.343 |
| 2013-12-10 | 0.500 | 1.412 |
| 2013-05-27 | 0.500 | 3.650 |
| 2012-08-08 | 0.375 | 2.375 |
| 2012-06-11 | 0.375 | 2.388 |
| 2011-09-05 | 0.500 | 3.534 |
| 2011-05-30 | 0.500 | 2.892 |
| 2010-09-21 | 0.375 | 2.062 |
| 2009-07-30 | 0.000 | 0.000 |
| 2009-04-21 | 0.000 | 0.000 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- JBM Auto has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but JBM Auto only paid a dividend in the past 9 years.
Income/ dividend checks
We assess JBM Auto's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can JBM Auto afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) JBM Auto 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
CEO
| COMPENSATION | ₹0 |
CEO Bio
Mr. Sandip Sanyal has been a Whole-Time Director at JBM Auto Limited since May 18, 2015.
CEO Compensation
- Insufficient data for Sandip to compare compensation growth.
- Sandip's remuneration is lower than average for companies of similar size in India.
Management Team
Sandip Sanyal
Whole-Time Executive Director
Vivek Gupta
CFO, Compliance Officer & Company Secretary
48
5 yrs
Board of Directors Tenure
Average tenure and age of the JBM Auto board of directors in years:
- The tenure for the JBM Auto board of directors is about average.
Board of Directors
Surendra Arya
Non-Executive Chairman
₹40K
61
Sandip Sanyal
Whole-Time Executive Director
3.9 yrs
Mahesh Aggarwal
Independent Non-Executive Director
₹40K
19.3 yrs
Nishant Arya
Non-Executive Director
₹25K
32
9.8 yrs
Ashok Agarwal
Independent Non-Executive Director
₹50K
Pravin Tripathi
Independent Director
₹35K
69
1.6 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess JBM Auto's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) JBM Auto 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
One Thing To Remember About The JBM Auto Limited (NSE:JBMA) Share Price
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Simply Wall St - – Full articleDid JBM Auto Limited's (NSE:JBMA) Recent Earnings Growth Beat The Trend?
After reading JBM Auto Limited's (NSE:JBMA) most recent earnings announcement (31 December 2018), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … As a long-term investor I tend to focus on earnings trend, rather than a single number at one point in time. … JBMA's trailing twelve-month earnings (from 31 December 2018) of ₹796m has.
Simply Wall St - – Full articleBoasting A 17% Return On Equity, Is JBM Auto Limited (NSE:JBMA) A Top Quality Stock?
To keep the lesson grounded in practicality, we'll use ROE to better understand JBM Auto Limited (NSE:JBMA). … That means that for every ₹1 worth of shareholders' equity, it generated ₹0.17 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleShould You Investigate JBM Auto Limited (NSE:JBMA) At ₹258?
received a lot of attention from a substantial price movement on the NSEI over the last few months, increasing to ₹315.6 at one point, and dropping to the lows of ₹258. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether JBM Auto's current trading price of ₹258 reflective of the actual value of the?
Simply Wall St - – Full articleRead This Before You Buy JBM Auto Limited (NSE:JBMA) Because Of Its P/E Ratio
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … That corresponds to an earnings yield of approximately 7.0%. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleHere's What JBM Auto Limited's (NSE:JBMA) ROCE Can Tell Us
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.
Simply Wall St - – Full articleDo Institutions Own JBM Auto Limited (NSE:JBMA) Shares?
Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Our analysis of the ownership of the company, below, shows that.
Simply Wall St - – Full articleHow JBM Auto Limited (NSE:JBMA) Can Impact Your Portfolio Volatility
If you're interested in JBM Auto Limited (NSE:JBMA), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.
Simply Wall St - – Full articleHow Does JBM Auto Limited's (NSE:JBMA) Earnings Growth Stack Up Against Industry Performance?
After reading JBM Auto Limited's (NSE:JBMA) most recent earnings announcement (30 September 2018), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … How JBMA fared against its long-term earnings performance and its industry. … JBMA's trailing twelve-month earnings (from 30 September 2018) of ₹767m has
Simply Wall St - – Full articleA Closer Look At JBM Auto Limited's (NSE:JBMA) Impressive ROE
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every ₹1 worth of shareholders' equity, it generated ₹0.17 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleCompany Info
Description
JBM Auto Limited, an automotive company, engages in the automotive business in India and internationally. It operates through Sheet Metal Components, Assemblies & Sub-assemblies; Tool, Dies & Moulds; and Bus Division segments. The company offers chassis and suspension systems, such as axles, twist beams, lower control arms, sub-frames, exhaust systems, air tanks, fuel tanks, complete cowl assemblies, and pedal boxes; skin panels, including doors, roofs, rear panels, front panels, and bumpers; and BIW parts and assemblies comprising floor and upper body parts, roof headers, cross car and cross truck beams, oil pan assemblies, and others, as well as tools and dies for turnkey projects. It also designs, develops, manufactures, assembles, and sells CNG, diesel, and electric buses, as well as related parts, accessories, and maintenance contracts. The company was incorporated in 1996 and is based in Gurgaon, India.
Details
| Name: | JBM Auto Limited |
| JBMA | |
| Exchange: | NSEI |
| Founded: | 1996 |
| ₹11,014,748,280 | |
| 40,795,364 | |
| Website: | http://www.jbmgroup.com/JBM-Auto-Ltd.php |
| Address: |
JBM Auto Limited Plot No. 9, Institutional Area, Sector - 44, Gurgaon, Haryana, 122003, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 532605 | Equity Shares | Mumbai Stock Exchange | IN | INR | 17. Dec 2004 | |
| NSEI | JBMA | Equity Shares | National Stock Exchange of India | IN | INR | 17. Dec 2004 |
Number of employees
Current staff
Industry
| Auto Parts and Equipment | |
| Automobiles |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/20 12:47 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/02/25 |
| Last earnings filing: | 2019/02/11 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
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.
