Enkei Wheels (India) Ltd - Stock Valuation and Financial Performance

BSE: 533477 | NSE: | Auto Ancillary | Small Cap

Enkei Wheels Share Price

529 1.20 0.23%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Enkei Wheels

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Enkei Wheels (India) stock performance -

mw4me loader
P/E Ratio (SA):
81.12
Market Cap:
948.7 Cr.
52-wk low:
416.2
52-wk high:
695

Is Enkei Wheels (India) Ltd an attractive stock to invest in?

1. Is Enkei Wheels (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Enkei Wheels (India) Ltd is a below average quality company.

2. Is Enkei Wheels (India) Ltd undervalued or overvalued?

The key valuation ratios of Enkei Wheels (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Enkei Wheels (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Enkei Wheels (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Enkei Wheels:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Enkei Wheels (India) Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Dec'19Dec'20Dec'21Dec'22TTM
ROCE % 6%9%13.3%9.7%10.4%7.1%-2.9%-6.1%5.2%2.6%-
Value Creation
Index
-0.6-0.4-0.1-0.3-0.3-0.5-1.2-1.4-0.6-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 320384385407465474356235451663716
Sales YoY Gr.-20%0.4%5.5%14.3%2.1%-25%-33.9%91.6%47.3%-
Adj EPS 2.13.96.24.16.86.1-9.1-16.98.7-0.86.5
YoY Gr.-86.9%61.6%-33.6%65.1%-10.6%-249.8%NANA-109%-
BVPS (₹) 9.913.61.729.152.379.6143.1106.1115.5123.1129.8
Adj Net
Profit
2.65.28.86.110.59.9-15.6-30.415.7-1.412
Cash Flow from Ops. 18.326.212.816.625.439.38.415.52849.4-
Debt/CF from Ops. 6.63.46.14.22.92.224.311.56.53.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.4%7.4%23.1%47.3%
Adj EPS -189.9%-165%NA-109%
BVPS32.3%18.7%-4.9%6.6%
Share Price 29.8% 6% 25.2% 22.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Dec'19Dec'20Dec'21Dec'22TTM
Return on
Equity %
18.730.185.226.9179.4-7.5-16.27.9-0.75.2
Op. Profit
Mgn %
9.11112.49.5107.22.70.78.477.7
Net Profit
Mgn %
0.81.42.31.52.32.1-4.4-12.93.5-0.21.6
Debt to
Equity
9.64.833.81.60.90.70.80.90.90.70.5
Working Cap
Days
1079388798999179193947642
Cash Conv.
Cycle
213193442788748382

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.10%

Sales growth is growing at healthy rate in last 3 years 23.10%

Debt to equity has declined versus last 3 years average to 0.73

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 8.76%

Latest Financials - Enkei Wheels (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 6.5 -
TTM Sales (₹ Cr.) 716 -
BVPS (₹.) 129.8 -
Reserves (₹ Cr.) 224 -
P/BV 4.07 -
PE 81.12 -
From the Market
52 Week Low / High (₹) 416.20 / 695.00
All Time Low / High (₹) 36.15 / 695.00
Market Cap (₹ Cr.) 949
Equity (₹ Cr.) 9
Face Value (₹) 5
Industry PE 46

Management X-Ray of Enkei Wheels:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Enkei Wheels

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Dec'19Dec'20Dec'21Dec'22
Sales320384385407465474267235451663
Operating Expenses 305346346373423450271235413618
Manufacturing Costs82878896104113705586137
Material Costs174214206222258263140126266404
Employee Cost 20252629333728323543
Other Costs 28202626293732222734
Operating Profit 163840334225-403746
Operating Profit Margin (%) 4.8%9.9%10.3%8.2%9.0%5.2%-1.5%0.1%8.3%6.9%
Other Income 1000110158
Interest 985555513616
Depreciation 18282622232118221928
Exceptional Items 110-12051332000
Profit Before Tax 12-3719145-331710
Tax 0035912-116
Profit After Tax 12-5311133-31164
PAT Margin (%) 0.2%0.6%-1.4%0.6%2.3%2.7%1.0%-13.3%3.6%0.6%
Adjusted EPS (₹)0.41.7-3.91.87.07.91.6-17.59.12.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Dec'19Dec'20Dec'21Dec'22

Equity and Liabilities

Shareholders Fund 131824381129183191208221
Share Capital 6777889999
Reserves 612-53673121175182199212
Minority Interest0000000000
Debt1098079696072138152148134
Long Term Debt866363615252100129111105
Short Term Debt231816882038233729
Trade Payables50665837394033343765
Others Liabilities 14511910184938465739374
Total Liabilities 318283239234272326420450486494

Fixed Assets

Gross Block259269262281293314328327316453
Accumulated Depreciation77105131152167188188205207222
Net Fixed Assets181164131129127126140122110231
CWIP 0000255101189218100
Investments 0000000033
Inventories10181914235271584075
Trade Receivables56566564714421297057
Cash Equivalents 2788710204130337
Others Assets44361620402946241221
Total Assets 318283239234272326420450486494

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Dec'19Dec'20Dec'21Dec'22
Cash Flow From Operating Activity 1826131725396162849
PBT 12-3719145-331710
Adjustment 2338484229179391537
Changes in Working Capital -4-14-32-26-1214-710-79
Tax Paid -100-7-11-5-102-6
Cash Flow From Investing Activity -14-11-6-20-44-71-89-64-37-41
Capex -15-11-6-21-44-75-76-65-35-41
Net Investments 00000000-30
Others 100014-13111
Cash Flow From Financing Activity -25-34-8320421043712-35
Net Proceeds from Shares 3013142335443700
Net Proceeds from Borrowing -17-21-1500-149303-7
Interest Paid -8-7-5-3-3-3-4-12-3-17
Dividend Paid 0000000000
Others -4-5-2-801215-1811-11
Net Cash Flow -22-18-1021121-113-26
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Dec'19Dec'20Dec'21Dec'22
Ratios
ROE (%)19.5714.73-53.0211.4417.412.141.75-16.778.171.73
ROCE (%)6.858.292.4512.3318.19.883.75-5.76.186.66
Asset Turnover Ratio1.071.441.671.941.891.590.710.540.961.35
PAT to CFO Conversion(x)1813N/A5.672.2732N/A1.7512.25
Working Capital Days
Receivable Days54475051514444394035
Inventory Days161215131429841004032
Payable Days1209911078545596984946

Enkei Wheels (India) Ltd Stock News

Enkei Wheels (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Enkei Wheels on 28-Mar-2024 16:01 is ₹529.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Enkei Wheels stood at ₹948.7.
The latest P/E ratio of Enkei Wheels as of 28-Mar-2024 16:01 is 81.12.
The latest P/B ratio of Enkei Wheels as of 28-Mar-2024 16:01 is 4.07.
The 52-week high of Enkei Wheels is ₹695.0 and the 52-week low is ₹416.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Enkei Wheels is ₹716.1 ( Cr.) .

About Enkei Wheels (India) Ltd

No data to display
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.