Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹5,444.90|
|52 Week High||₹1,300.00|
|52 Week Low||₹5,444.90|
|1 Month Change||27.96%|
|3 Month Change||74.30%|
|1 Year Change||242.77%|
|3 Year Change||164.84%|
|5 Year Change||149.81%|
|Change since IPO||2,622.49%|
Recent News & Updates
|502865||IN Consumer Durables||IN Market|
Return vs Industry: 502865 exceeded the Indian Consumer Durables industry which returned 54.5% over the past year.
Return vs Market: 502865 exceeded the Indian Market which returned 61.7% over the past year.
Stable Share Price: 502865 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 502865's weekly volatility (7%) has been stable over the past year.
About the Company
Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally. The company manufactures, sells, rents, and services vacuum cleaners, water filter cum purifiers, water and wastewater treatment plants; and trades in electronic air cleaning systems, small household appliances, digital security systems, fire extinguishers, etc. It also manufactures and trades in precision cutting tools, spring lock washers, and marking systems. In addition, the company offers note counting machines, electronic cash registers, point of sale machines, and various types of kiosks.
Forbes Fundamentals Summary
|502865 fundamental statistics|
Is 502865 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|502865 income statement (TTM)|
|Cost of Revenue||₹12.55b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-21.78|
|Net Profit Margin||-0.93%|
How did 502865 perform over the long term?See historical performance and comparison
Is Forbes undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: 502865 (₹5444.9) is trading above our estimate of fair value (₹3998.24)
Significantly Below Fair Value: 502865 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 502865 is unprofitable, so we can't compare its PE Ratio to the Indian Consumer Durables industry average.
PE vs Market: 502865 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 502865's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 502865 has negative assets, so we can't compare its PB Ratio to the IN Consumer Durables industry average.
How is Forbes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Forbes 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 Forbes performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 502865 is currently unprofitable.
Growing Profit Margin: 502865 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 502865 is unprofitable, and losses have increased over the past 5 years at a rate of 44.5% per year.
Accelerating Growth: Unable to compare 502865's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 502865 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (57.7%).
Return on Equity
High ROE: 502865's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Forbes's financial position?
Financial Position Analysis
Short Term Liabilities: 502865 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 502865 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 502865 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 502865's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable 502865 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 502865 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.9% per year.
What is Forbes's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 502865's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 502865's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 502865's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 502865's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 502865 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 502865's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mahesh Tahilyani (57 yo)
Mr. Mahesh Chelaram Tahilyani serves as Chairman at Shapoorji Pallonji Forbes Ship since 2019. He has been Managing Director and a Director at Forbes & Company Limited since April 28, 2016. Mr. Tahilyani i...
CEO Compensation Analysis
Compensation vs Market: Mahesh's total compensation ($USD171.68K) is below average for companies of similar size in the Indian market ($USD379.82K).
Compensation vs Earnings: Mahesh's compensation has been consistent with company performance over the past year.
Experienced Management: 502865's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: 502865's board of directors are considered experienced (5.5 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.
Forbes & Company Limited's employee growth, exchange listings and data sources
- Name: Forbes & Company Limited
- Ticker: 502865
- Exchange: BSE
- Founded: 1767
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: ₹69.326b
- Shares outstanding: 12.73m
- Website: https://www.forbes.co.in
Number of Employees
- Forbes & Company Limited
- Forbes’ Building
- Charanjit Rai Marg
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:11|
|End of Day Share Price||2021/10/26 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.