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5000

Force MotorsBSE:500033 Stock Report

Market Cap

₹19.8b

7D

-2.5%

1Y

48.0%

Updated

19 Oct, 2021

Data

Company Financials
500033 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends1/6

500033 Overview

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

Summary of all time highs, changes and price drops for Force Motors
Historical stock prices
Current Share Price₹1,504.30
52 Week High₹980.00
52 Week Low₹1,706.25
Beta0.65
1 Month Change1.30%
3 Month Change0.42%
1 Year Change48.03%
3 Year Change-10.75%
5 Year Change-65.88%
Change since IPO637.04%

Recent News & Updates

Shareholder Returns

500033IN MachineryIN Market
7D-2.5%3.3%2.8%
1Y48.0%93.1%68.3%

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.

Price Volatility

Is 500033's price volatile compared to industry and market?
500033 volatility
500033 Beta0.65
Industry Beta0.78
Market Beta1

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

FoundedEmployeesCEOWebsite
19585,122Prasan Singh Firodiahttps://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

How do Force Motors's earnings and revenue compare to its market cap?
500033 fundamental statistics
Market Cap₹19.82b
Earnings (TTM)-₹630.00m
Revenue (TTM)₹24.81b

0.8x

P/S Ratio

-31.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500033 income statement (TTM)
Revenue₹24.81b
Cost of Revenue₹17.07b
Gross Profit₹7.74b
Expenses₹8.37b
Earnings-₹630.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 14, 2021

Earnings per share (EPS)-47.81
Gross Margin31.21%
Net Profit Margin-2.54%
Debt/Equity Ratio37.4%

How did 500033 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

-10%

Payout Ratio

Valuation

Is Force Motors undervalued compared to its fair value and its price relative to the market?

1.08x

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).


Future Growth

How is Force Motors forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

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.


Past Performance

How has Force Motors performed over the past 5 years?

-77.0%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Force Motors's current dividend yield, its reliability and sustainability?

0.33%

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.


Next Steps

Management

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

6.1yrs

Average management tenure


CEO

Prasan Singh Firodia (42 yo)

11.92yrs

Tenure

₹6,332,407

Compensation

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.


Leadership Team

Experienced Management: 500033's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: 500033's board of directors are considered experienced (7.2 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

Force Motors Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Force Motors Limited
  • Mumbai-Pune Road
  • Akurdi
  • Pune
  • Maharashtra
  • 411035
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:32
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.