SUNDRMFAST Stock Overview
Sundram Fasteners Limited manufactures and sells precision components for the automotive, infrastructure, windmill, and aviation sectors in India, China, Germany, the United States, the United Kingdom, Italy, France, and Brazil.
Sundram Fasteners Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹819.05|
|52 Week High||₹993.70|
|52 Week Low||₹673.05|
|1 Month Change||3.80%|
|3 Month Change||16.14%|
|1 Year Change||5.32%|
|3 Year Change||101.14%|
|5 Year Change||109.74%|
|Change since IPO||51.68%|
Recent News & Updates
Sundram Fasteners (NSE:SUNDRMFAST) Has A Rock Solid Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Sundram Fasteners (NSE:SUNDRMFAST) 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. Typically, we'll want to notice a...
Should You Think About Buying Sundram Fasteners Limited (NSE:SUNDRMFAST) Now?
Sundram Fasteners Limited ( NSE:SUNDRMFAST ), is not the largest company out there, but it received a lot of attention...
|SUNDRMFAST||IN Auto Components||IN Market|
Return vs Industry: SUNDRMFAST exceeded the Indian Auto Components industry which returned 1.8% over the past year.
Return vs Market: SUNDRMFAST underperformed the Indian Market which returned 8.5% over the past year.
|SUNDRMFAST Average Weekly Movement||4.0%|
|Auto Components Industry Average Movement||6.1%|
|Market Average Movement||6.4%|
|10% most volatile stocks in IN Market||9.1%|
|10% least volatile stocks in IN Market||4.2%|
Stable Share Price: SUNDRMFAST is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SUNDRMFAST's weekly volatility (4%) has been stable over the past year.
About the Company
Sundram Fasteners Limited manufactures and sells precision components for the automotive, infrastructure, windmill, and aviation sectors in India, China, Germany, the United States, the United Kingdom, Italy, France, and Brazil. Its products include high tensile fasteners comprising wind energy, automotive, and aerospace and aviation fasteners; cold extruded parts, including gear blanks, transmission shafts, cams, starter sleeves and pinions, CV joint parts, and fan hubs; and hot forged parts consisting of bevel gears and pinions, hub rings, clutch hubs, crankshafts sprockets, turbocharger parts, and connecting rods. It also provides powertrain components, such as turbine and output shafts, sungear shafts, and slip yokes; powder metallurgy parts comprising rotors and gears, synchronizer hubs, shock absorber components, valve train components, bushes, and structural parts; and metal and nylon radiator caps, as well as offers pumps and assemblies for passenger cars, heavy and light commercial vehicles, off-road vehicles, tractors, combines, harvesters, forklifts, marine engines, power generation engines, and two- wheelers.
Sundram Fasteners Fundamentals Summary
|SUNDRMFAST fundamental statistics|
Is SUNDRMFAST overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SUNDRMFAST income statement (TTM)|
|Cost of Revenue||₹23.69b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||22.51|
|Net Profit Margin||9.10%|
How did SUNDRMFAST perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is SUNDRMFAST undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SUNDRMFAST?
Other financial metrics that can be useful for relative valuation.
|What is SUNDRMFAST's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SUNDRMFAST's PE Ratio compare to its peers?
|SUNDRMFAST PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ZFCVINDIA ZF Commercial Vehicle Control Systems India
515030 Asahi India Glass
540153 Endurance Technologies
500086 Exide Industries
SUNDRMFAST Sundram Fasteners
Price-To-Earnings vs Peers: SUNDRMFAST is good value based on its Price-To-Earnings Ratio (36.4x) compared to the peer average (47.4x).
Price to Earnings Ratio vs Industry
How does SUNDRMFAST's PE Ratio compare vs other companies in the IN Auto Components Industry?
Price-To-Earnings vs Industry: SUNDRMFAST is expensive based on its Price-To-Earnings Ratio (36.4x) compared to the Indian Auto Components industry average (22.3x)
Price to Earnings Ratio vs Fair Ratio
What is SUNDRMFAST'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.
|Current PE Ratio||36.4x|
|Fair PE Ratio||27.4x|
Price-To-Earnings vs Fair Ratio: SUNDRMFAST is expensive based on its Price-To-Earnings Ratio (36.4x) compared to the estimated Fair Price-To-Earnings Ratio (27.4x).
Share Price vs Fair Value
What is the Fair Price of SUNDRMFAST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SUNDRMFAST (₹819.05) is trading above our estimate of fair value (₹349.17)
Significantly Below Fair Value: SUNDRMFAST is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Sundram Fasteners forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUNDRMFAST's forecast earnings growth (23.8% per year) is above the savings rate (6.8%).
Earnings vs Market: SUNDRMFAST's earnings (23.8% per year) are forecast to grow faster than the Indian market (18.7% per year).
High Growth Earnings: SUNDRMFAST's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SUNDRMFAST's revenue (13.9% per year) is forecast to grow faster than the Indian market (10.6% per year).
High Growth Revenue: SUNDRMFAST's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SUNDRMFAST's Return on Equity is forecast to be high in 3 years time (23.5%)
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How has Sundram Fasteners performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUNDRMFAST has high quality earnings.
Growing Profit Margin: SUNDRMFAST's current net profit margins (9.1%) are lower than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: SUNDRMFAST's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: SUNDRMFAST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUNDRMFAST had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Auto Components industry average (15.9%).
Return on Equity
High ROE: SUNDRMFAST's Return on Equity (18.2%) is considered low.
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How is Sundram Fasteners's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SUNDRMFAST's short term assets (₹19.8B) exceed its short term liabilities (₹12.5B).
Long Term Liabilities: SUNDRMFAST's short term assets (₹19.8B) exceed its long term liabilities (₹4.0B).
Debt to Equity History and Analysis
Debt Level: SUNDRMFAST's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: SUNDRMFAST's debt to equity ratio has reduced from 53.2% to 29.3% over the past 5 years.
Debt Coverage: SUNDRMFAST's debt is well covered by operating cash flow (52%).
Interest Coverage: SUNDRMFAST's interest payments on its debt are well covered by EBIT (23.7x coverage).
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What is Sundram Fasteners's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUNDRMFAST's dividend (0.79%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).
High Dividend: SUNDRMFAST's dividend (0.79%) is low compared to the top 25% of dividend payers in the Indian market (1.72%).
Stability and Growth of Payments
Stable Dividend: SUNDRMFAST's dividend payments have been volatile in the past 10 years.
Growing Dividend: SUNDRMFAST's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), SUNDRMFAST's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), SUNDRMFAST's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Arathi Krishna (54 yo)
Ms. Arathi Krishna has been a Managing Director of Sundram Fasteners Limited since April 20, 2018. She has been an Executive Director of Sundram Fasteners since May 3, 2006. Ms. Krishna is a Gold Medallis...
CEO Compensation Analysis
Compensation vs Market: Arathi's total compensation ($USD565.48K) is about average for companies of similar size in the Indian market ($USD581.89K).
Compensation vs Earnings: Arathi's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: SUNDRMFAST's management team is considered experienced (2.2 years average tenure).
Experienced Board: SUNDRMFAST's board of directors are considered experienced (5.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sundram Fasteners Limited's employee growth, exchange listings and data sources
- Name: Sundram Fasteners Limited
- Ticker: SUNDRMFAST
- Exchange: NSEI
- Founded: 1962
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: ₹172.106b
- Shares outstanding: 210.13m
- Website: https://www.sundram.com
Number of Employees
- Sundram Fasteners Limited
- 98 - A, Dr. Radhakrishnan Salai
- VII Floor
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.