Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹1,504.30|
|52 Week High||₹980.00|
|52 Week Low||₹1,706.25|
|1 Month Change||1.30%|
|3 Month Change||0.42%|
|1 Year Change||48.03%|
|3 Year Change||-10.75%|
|5 Year Change||-65.88%|
|Change since IPO||637.04%|
Recent News & Updates
|500033||IN Machinery||IN Market|
Return vs Industry: 500033 underperformed the Indian Machinery industry which returned 93.1% over the past year.
Return vs Market: 500033 underperformed the Indian Market which returned 68.3% over the past year.
Stable Share Price: 500033 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 500033's weekly volatility (5%) has been stable over the past year.
About the Company
|1958||5,122||Prasan Singh Firodia||https://www.forcemotors.com|
Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India. It provides light commercial vehicles, including passenger carriers, school buses, ambulances, and goods carriers; multi-utility vehicles; small commercial vehicles; special vehicles; and agricultural tractors. The company sells its products under the Traveller Monobus, Traveller, TRAX, Gurkha, Balwan, and Kargo King brands.
Force Motors Fundamentals Summary
|500033 fundamental statistics|
Is 500033 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500033 income statement (TTM)|
|Cost of Revenue||₹17.07b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 14, 2021
|Earnings per share (EPS)||-47.81|
|Net Profit Margin||-2.54%|
How did 500033 perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Force Motors undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 500033 (₹1500) is trading above our estimate of fair value (₹30.64)
Significantly Below Fair Value: 500033 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500033 is unprofitable, so we can't compare its PE Ratio to the Indian Machinery industry average.
PE vs Market: 500033 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500033's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500033 is good value based on its PB Ratio (1.1x) compared to the IN Machinery industry average (1.9x).
How is Force Motors forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Force Motors 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.
How has Force Motors performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500033 is currently unprofitable.
Growing Profit Margin: 500033 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500033 is unprofitable, and losses have increased over the past 5 years at a rate of 77% per year.
Accelerating Growth: Unable to compare 500033's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500033 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (74.7%).
Return on Equity
High ROE: 500033 has a negative Return on Equity (-3.42%), as it is currently unprofitable.
How is Force Motors's financial position?
Financial Position Analysis
Short Term Liabilities: 500033's short term assets (₹8.8B) exceed its short term liabilities (₹8.7B).
Long Term Liabilities: 500033's short term assets (₹8.8B) exceed its long term liabilities (₹5.2B).
Debt to Equity History and Analysis
Debt Level: 500033's debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: 500033's debt to equity ratio has increased from 3.9% to 37.4% over the past 5 years.
Debt Coverage: 500033's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: Insufficient data to determine if 500033's interest payments on its debt are well covered by EBIT.
What is Force Motors's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500033's dividend (0.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 500033's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (1.36%).
Stability and Growth of Payments
Stable Dividend: 500033's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500033's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 500033 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Prasan Singh Firodia (42 yo)
Mr. Prasan Singh Abhaykumar Firodia is Independent Director at Sona Comstar Edrive Private Limited since January 27, 2021. Mr. Firodia is Independent Director of Sona BLW Precision Forgings Limited since J...
CEO Compensation Analysis
Compensation vs Market: Prasan Singh's total compensation ($USD84.06K) is below average for companies of similar size in the Indian market ($USD189.99K).
Compensation vs Earnings: Prasan Singh's compensation has been consistent with company performance over the past year.
Experienced Management: 500033's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: 500033's board of directors are considered experienced (7.2 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.
Force Motors Limited's employee growth, exchange listings and data sources
- Name: Force Motors Limited
- Ticker: 500033
- Exchange: BSE
- Founded: 1958
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: ₹19.821b
- Shares outstanding: 13.18m
- Website: https://www.forcemotors.com
Number of Employees
- Force Motors Limited
- Mumbai-Pune Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:32|
|End of Day Share Price||2021/10/19 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.