JBM Auto
Market Cap
₹10.8b
Last Updated
2020/02/19 12:57 UTC
Data Sources
Company Financials +
Executive Summary
JBM Auto Limited manufactures and sells auto components, tools, and buses in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.4%
JBMA
-1.4%
IN Auto Components
-1.5%
IN Market
1 Year Return
-9.7%
JBMA
-4.3%
IN Auto Components
10.7%
IN Market
Return vs Industry: JBMA underperformed the Indian Auto Components industry which returned -4.3% over the past year.
Return vs Market: JBMA underperformed the Indian Market which returned 10.7% over the past year.
Shareholder returns
| JBMA | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -1.4% | -1.5% |
| 30 Day | -15.1% | -6.1% | -2.7% |
| 90 Day | 2.5% | 2.5% | 1.3% |
| 1 Year | -8.3%-9.7% | -3.3%-4.3% | 12.7%10.7% |
| 3 Year | -11.9%-14.2% | -4.1%-6.2% | 22.0%15.1% |
| 5 Year | 12.1%6.5% | 5.5%1.7% | 34.5%22.0% |
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
1 week ago | Simply Wall St
A Look At The Fair Value Of JBM Auto Limited (NSE:JBMA)3 weeks ago | Simply Wall St
JBM Auto Limited (NSE:JBMA): Does The Earnings Decline Make It An Underperformer?1 month ago | Simply Wall St
Can JBM Auto Limited's (NSE:JBMA) ROE Continue To Surpass The Industry Average?Valuation
Is JBM Auto undervalued compared to its fair value and its price relative to the market?
15.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JBMA (₹229.65) is trading below our estimate of fair value (₹272.22)
Significantly Below Fair Value: JBMA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: JBMA is good value based on its PE Ratio (13.4x) compared to the Auto Components industry average (17.4x).
PE vs Market: JBMA is poor value based on its PE Ratio (13.4x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: JBMA is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: JBMA is overvalued based on its PB Ratio (1.8x) compared to the IN Auto Components industry average (1.4x).
Next Steps
Future Growth
How is JBM Auto forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
30.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBMA's forecast earnings growth (30.5% per year) is above the savings rate (6.5%).
Earnings vs Market: JBMA's earnings (30.5% per year) are forecast to grow faster than the Indian market (20.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JBMA's revenue (18.2% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: JBMA's revenue (18.2% 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 (19%).
Next Steps
Past Performance
How has JBM Auto performed over the past 5 years?
3.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBMA has high quality earnings.
Growing Profit Margin: JBMA's current net profit margins (4.2%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: JBMA's earnings have grown by 3.1% 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 (-12.3%) over the past year, making it difficult to compare to the Auto Components industry average (-19.6%).
Return on Equity
High ROE: JBMA's Return on Equity (12.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is JBM Auto's financial position?
Financial Position Analysis
Short Term Liabilities: JBMA's short term assets (₹7.5B) exceed its short term liabilities (₹7.4B).
Long Term Liabilities: JBMA's short term assets (₹7.5B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: JBMA's debt to equity ratio (91.1%) is considered high.
Reducing Debt: JBMA's debt to equity ratio has reduced from 101.5% to 91.1% over the past 5 years.
Debt Coverage: JBMA's debt is well covered by operating cash flow (21.7%).
Interest Coverage: JBMA's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
Inventory Level: JBMA has a high level of physical assets or inventory.
Debt Coverage by Assets: JBMA's debt is covered by short term assets (assets are 1.4x debt).
Next Steps
Dividend
What is JBM Auto's current dividend yield, its reliability and sustainability?
0.98%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: JBMA's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: JBMA's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (2.58%).
Stability and Growth of Payments
Stable Dividend: JBMA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JBMA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.2%), JBMA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JBMA's dividends in 3 years are forecast to be thoroughly covered by earnings (9.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average board tenure
CEO
Sandip Sanyal 0
Mr. Sandip Sanyal has been a Whole-Time Director at JBM Auto Limited since May 18, 2015.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Whole-Time Executive Director | 0yrs | no data | no data | |
| Non-Executive Chairman | 0yrs | ₹40.00k | 0.86% ₹92.9m | |
| Independent Non-Executive Director | 20.1yrs | ₹40.00k | no data | |
| Non-Executive Director | 10.6yrs | ₹20.00k | 0.72% ₹77.2m | |
| Independent Director | 2.4yrs | ₹40.00k | no data | |
| Non-Executive Independent Director | 0.6yrs | no data | no data |
4.8yrs
Average Tenure
66yo
Average Age
Experienced Board: JBMA's board of directors are considered experienced (4.8 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
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: ₹10.760b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532605 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2004 |
| JBMA | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 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 Division segments. The company offers chassis and suspension systems, such as axles, twist beams, lower control arms, sub-frames, exhaust systems, air and fuel tanks, complete cowl assemblies, and pedal boxes; skin panels, including doors, roofs, rear and front panels, and bumpers; and BIW parts and assemblies comprising floor and upper body parts, roof headers, cross car and 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 Gurugram, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 12:57 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.