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ZFCV

ZF Commercial Vehicle Control Systems India NSEI:ZFCVINDIA Stock Report

Last Price

₹9.36k

Market Cap

₹177.5b

7D

0.1%

1Y

30.2%

Updated

16 Aug, 2022

Data

Company Financials
ZFCVINDIA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

ZFCVINDIA Stock Overview

ZF Commercial Vehicle Control Systems India Limited provides systems for passenger cars, commercial vehicles, and industrial technology in India and internationally.

ZF Commercial Vehicle Control Systems India Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ZF Commercial Vehicle Control Systems India
Historical stock prices
Current Share Price₹9,356.05
52 Week High₹9,511.50
52 Week Low₹6,815.25
Beta0.13
1 Month Change16.51%
3 Month Change21.77%
1 Year Change30.16%
3 Year Change53.88%
5 Year Change65.44%
Change since IPO3,746.27%

Recent News & Updates

Jul 22
Capital Allocation Trends At ZF Commercial Vehicle Control Systems India (NSE:ZFCVINDIA) Aren't Ideal

Capital Allocation Trends At ZF Commercial Vehicle Control Systems India (NSE:ZFCVINDIA) Aren't Ideal

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

ZFCVINDIAIN Auto ComponentsIN Market
7D0.1%-0.3%0.8%
1Y30.2%3.3%8.3%

Return vs Industry: ZFCVINDIA exceeded the Indian Auto Components industry which returned 3.3% over the past year.

Return vs Market: ZFCVINDIA exceeded the Indian Market which returned 8.3% over the past year.

Price Volatility

Is ZFCVINDIA's price volatile compared to industry and market?
ZFCVINDIA volatility
ZFCVINDIA Average Weekly Movement3.6%
Auto Components Industry Average Movement6.0%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: ZFCVINDIA is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ZFCVINDIA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19621,960Periakaruppa Kaniappanhttps://www.zf.com/india/en/company/company.html

ZF Commercial Vehicle Control Systems India Limited provides systems for passenger cars, commercial vehicles, and industrial technology in India and internationally. The company offers transmissions, axles, clutches, shock absorbers and dampers, motorsports and tuning, oils and oil change kits, and steering and chassis parts; footrest systems, handlebars, and accessories for motorcycles; preventive overhaul, maintenance, repair as well as driveline, chassis systems, active and safety technology conversion and retrofitting in rail vehicles; steering and suspension parts for CV and rubber-to-metal components; compact dumpers, dumpers, soil compactors, mobile cranes, graders, forest machines, backhoe holders, wheeled excavators, compact wheel loaders, truck mixers, telescope handlers, and wheel loaders for construction machinery; and agricultural machinery products, including harvesters and tractors. It also provides material handling products, such as container handling, forklift, aircraft tractors, and ground support tractors; and diagnosis, marine spare parts, lubricants for marine propulsion systems, maintenance concepts, and repairs and overhauls, as well as retrofit and repowering of vessel services for marine sector.

ZF Commercial Vehicle Control Systems India Fundamentals Summary

How do ZF Commercial Vehicle Control Systems India's earnings and revenue compare to its market cap?
ZFCVINDIA fundamental statistics
Market Cap₹177.46b
Earnings (TTM)₹1.83b
Revenue (TTM)₹28.50b

96.9x

P/E Ratio

6.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZFCVINDIA income statement (TTM)
Revenue₹28.50b
Cost of Revenue₹18.61b
Gross Profit₹9.89b
Other Expenses₹8.06b
Earnings₹1.83b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)96.53
Gross Margin34.70%
Net Profit Margin6.42%
Debt/Equity Ratio0.2%

How did ZFCVINDIA perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

12%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ZFCVINDIA 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/Revenue5.9x
Enterprise Value/EBITDA54.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

ZFCVINDIA PE Ratio vs Peers
The above table shows the PE ratio for ZFCVINDIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.3x
SUNDRMFAST Sundram Fasteners
36.4x23.8%₹172.1b
540153 Endurance Technologies
43.1x27.1%₹201.5b
515030 Asahi India Glass
32.3x12.7%₹134.3b
500086 Exide Industries
17.3xn/a₹135.3b
ZFCVINDIA ZF Commercial Vehicle Control Systems India
96.9xn/a₹177.5b

Price-To-Earnings vs Peers: ZFCVINDIA is expensive based on its Price-To-Earnings Ratio (96.9x) compared to the peer average (32.3x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: ZFCVINDIA is expensive based on its Price-To-Earnings Ratio (96.9x) compared to the Indian Auto Components industry average (22.1x)


Price to Earnings Ratio vs Fair Ratio

What is ZFCVINDIA'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.

ZFCVINDIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio96.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ZFCVINDIA's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: ZFCVINDIA (₹9356.05) is trading above our estimate of fair value (₹285.95)

Significantly Below Fair Value: ZFCVINDIA 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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Future Growth

How is ZF Commercial Vehicle Control Systems India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


29.7%

Forecasted Automobiles industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ZF Commercial Vehicle Control Systems India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has ZF Commercial Vehicle Control Systems India performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-17.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ZFCVINDIA has high quality earnings.

Growing Profit Margin: ZFCVINDIA's current net profit margins (6.4%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: ZFCVINDIA's earnings have declined by 17% per year over the past 5 years.

Accelerating Growth: ZFCVINDIA's earnings growth over the past year (17%) exceeds its 5-year average (-17% per year).

Earnings vs Industry: ZFCVINDIA earnings growth over the past year (17%) exceeded the Auto Components industry 14.9%.


Return on Equity

High ROE: ZFCVINDIA's Return on Equity (8.7%) is considered low.


Discover strong past performing companies

Financial Health

How is ZF Commercial Vehicle Control Systems India's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ZFCVINDIA's short term assets (₹19.6B) exceed its short term liabilities (₹5.0B).

Long Term Liabilities: ZFCVINDIA's short term assets (₹19.6B) exceed its long term liabilities (₹241.4M).


Debt to Equity History and Analysis

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

Reducing Debt: Insufficient data to determine if ZFCVINDIA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ZFCVINDIA's debt is well covered by operating cash flow (3557.5%).

Interest Coverage: ZFCVINDIA earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is ZF Commercial Vehicle Control Systems India current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.13%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ZFCVINDIA's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: ZFCVINDIA's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).


Stability and Growth of Payments

Stable Dividend: ZFCVINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: ZFCVINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: ZFCVINDIA is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: ZFCVINDIA is not paying a notable dividend for the Indian market.


Discover strong dividend paying companies

Management

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

7.0yrs

Average management tenure


CEO

Periakaruppa Kaniappan (62 yo)

8.17yrs

Tenure

₹47,975,000

Compensation

Mr. Periakaruppa Nadar Kaniappan, B.Tech, M.Sc. (Warwick) serves as the Managing Director of ZF Commercial Vehicle Control Systems India Limited (formerly known as WABCO India Limited) since June 17, 2014...


CEO Compensation Analysis

Compensation vs Market: Periakaruppa's total compensation ($USD603.44K) is about average for companies of similar size in the Indian market ($USD565.27K).

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


Leadership Team

Experienced Management: ZFCVINDIA's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: ZFCVINDIA's board of directors are considered experienced (3.6 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

ZF Commercial Vehicle Control Systems India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: ZF Commercial Vehicle Control Systems India Limited
  • Ticker: ZFCVINDIA
  • Exchange: NSEI
  • Founded: 1962
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: ₹177.462b
  • Shares outstanding: 18.97m
  • Website: https://www.zf.com/india/en/company/company.html

Number of Employees


Location

  • ZF Commercial Vehicle Control Systems India Limited
  • Plot No. 3 (SP)
  • III Main Road
  • Chennai
  • Tamil Nadu
  • 600058
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2022/06/30
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.