NSEI:CEBBCO

Stock Analysis Report

Commercial Engineers & Body Builders Co

Executive Summary

Commercial Engineers & Body Builders Co Limited produces and sells vehicle and locomotive bodies in India.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Commercial Engineers & Body Builders Co's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CEBBCO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.0%

CEBBCO

0.6%

IN Machinery

-0.07%

IN Market


1 Year Return

-35.4%

CEBBCO

-0.7%

IN Machinery

9.5%

IN Market

Return vs Industry: CEBBCO underperformed the Indian Machinery industry which returned -0.7% over the past year.

Return vs Market: CEBBCO underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

CEBBCOIndustryMarket
7 Day-6.0%0.6%-0.07%
30 Day-15.9%-1.1%-0.7%
90 Day-14.5%5.8%3.2%
1 Year-35.4%-35.4%0.7%-0.7%11.5%9.5%
3 Year-1.9%-1.9%3.2%-0.6%23.6%16.7%
5 Year-43.6%-43.6%19.5%12.7%35.4%22.9%

Price Volatility Vs. Market

How volatile is Commercial Engineers & Body Builders Co's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Commercial Engineers & Body Builders Co undervalued compared to its fair value and its price relative to the market?

1.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CEBBCO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CEBBCO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CEBBCO is good value based on its PE Ratio (1.1x) compared to the Machinery industry average (14.9x).

PE vs Market: CEBBCO is good value based on its PE Ratio (1.1x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CEBBCO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CEBBCO is good value based on its PB Ratio (1.2x) compared to the IN Machinery industry average (1.2x).


Next Steps

Future Growth

How is Commercial Engineers & Body Builders Co forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.6%

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 Commercial Engineers & Body Builders Co 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.


Next Steps

Past Performance

How has Commercial Engineers & Body Builders Co performed over the past 5 years?

54.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CEBBCO has a high level of non-cash earnings.

Growing Profit Margin: CEBBCO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CEBBCO has become profitable over the past 5 years, growing earnings by 54.6% per year.

Accelerating Growth: CEBBCO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CEBBCO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-6.2%).


Return on Equity

High ROE: CEBBCO's Return on Equity (105%) is considered outstanding.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Commercial Engineers & Body Builders Co's financial position?


Financial Position Analysis

Short Term Liabilities: CEBBCO's short term assets (₹546.6M) exceed its short term liabilities (₹427.3M).

Long Term Liabilities: CEBBCO's short term assets (₹546.6M) exceed its long term liabilities (₹532.4M).


Debt to Equity History and Analysis

Debt Level: CEBBCO's debt to equity ratio (28.3%) is considered satisfactory.

Reducing Debt: CEBBCO's debt to equity ratio has reduced from 67.7% to 28.3% over the past 5 years.


Balance Sheet

Inventory Level: CEBBCO has a high level of physical assets or inventory.

Debt Coverage by Assets: CEBBCO's debt is covered by short term assets (assets are 2x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CEBBCO is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: CEBBCO is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Commercial Engineers & Body Builders Co's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CEBBCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CEBBCO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CEBBCO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CEBBCO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CEBBCO's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Abhishek Jaiswal (49yo)

3yrs

Tenure

₹3,078,757

Compensation

Mr. Abhishek Jaiswal has been Executive Director of Commercial Engineers & Body Builders Co Limited since September 14, 2017 and serves as its Chief Executive Officer. Mr. Jaiswal served as Executive Vice ...


CEO Compensation Analysis

Compensation vs Market: Abhishek's total compensation ($USD42.86K) is about average for companies of similar size in the Indian market ($USD50.06K).

Compensation vs Earnings: Insufficient data to compare Abhishek's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Abhishek Jaiswal
CEO & Whole Time Director3yrs₹3.08mno data
Amit Jain
Compliance Officer & Company Secretary3yrsno datano data
Sanjiv Keshri
Chief Financial Officer0.5yrsno datano data
Atul Karmarkar
Senior General Manager of Railways & New Business Development0yrs₹1.18mno data
- Deepesh
Assistant Company Secretary0yrsno datano data

3.0yrs

Average Tenure

Experienced Management: CEBBCO's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Abhishek Jaiswal
CEO & Whole Time Director3yrs₹3.08mno data
Manchi Venkat Rao
Independent Non-Executive Director5.6yrs₹163.06kno data
Prakash Gurav
Independent Non-Executive Director5.6yrs₹239.00kno data
Vineeta Shriwani
Independent Woman Director1.9yrs₹221.94kno data
Madhuchhanda Chatterjee
Additional Non-Executive Director0.8yrsno datano data

2.4yrs

Average Tenure

66.5yo

Average Age

Experienced Board: CEBBCO's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 59.5%.


Top Shareholders

Company Information

Commercial Engineers & Body Builders Co Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Commercial Engineers & Body Builders Co Limited
  • Ticker: CEBBCO
  • Exchange: NSEI
  • Founded: 1979
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: ₹1.196b
  • Shares outstanding: 89.48m
  • Website: https://www.cebbco.com

Number of Employees


Location

  • Commercial Engineers & Body Builders Co Limited
  • 48, Vandana Vihar
  • Narmada Road
  • Jabalpur
  • Madhya Pradesh
  • 482001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CEBBCONSEI (National Stock Exchange of India)YesEquity SharesININROct 2010
533272BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2010

Biography

Commercial Engineers & Body Builders Co Limited produces and sells vehicle and locomotive bodies in India. The company offers tipper and tanker bodies for the mining and road construction sectors; skip-loaders and garbage-bin collectors for solid waste management; water tanker bodies, light recovery vehicle bodies, and garbage tippers for municipal applications; and troop carrier vehicle bodies, prison van bodies, and water bowser bodies for the defense sector. It also provides load cargo bodies; refrigerator-fitted vehicle bodies and containers; and trailer bodies, including for box trailers, tip trailers, skeletal trailers, and flatbed trailers for goods transportation. In addition, the company offers fire engine bodies, ambulance bodies, and vehicle bodies for the transportation of animals. Further, it is involved in the upgradation and refurbishment of railway wagons; and provision of components for locomotives, BOXNR wagons, and EMU coaches, as well as manufacturing of fabricated support structures, towers, components, and parts for equipment, tankages, rollers, machinery, and plants. The company was founded in 1979 and is headquartered in Jabalpur, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 13:13
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.