1. Is Force Motors Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Force Motors Ltd is a below average quality company.
2. Is Force Motors Ltd undervalued or overvalued?
The key valuation ratios of Force Motors Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Force Motors Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Force Motors Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||-29.8%||2.2%||7%||7.5%||12.9%||10.1%||8.5%||7.3%||4.2%||-3.8%||-|
|Value Creation Index ⓘ||-3.1||-0.8||-0.5||-0.5||-0.1||-0.3||-0.4||-0.5||-0.7||-1.3||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||121.5%||2.5%||16.9%||28%||1.5%||11.5%||6.7%||-15.7%||-35.5%||-|
|Adj EPS ⓘ||-151.8||10.7||59.9||70.1||136||126.3||114.8||102.7||57.5||-83.5||-77.4|
|YoY Gr. Rt. %||-||NA||460.8%||17.1%||94%||-7.1%||-9.2%||-10.5%||-44.1%||-245.2%||-|
|BVPS (₹) ⓘ||64.6||876.2||931.7||1,000.8||1,130.2||1,265.2||1,366.6||1,466.8||1,491.2||1,394.4||1,359.2|
|Adj Net Profit ⓘ||-200||14.1||78.9||92.4||179||166||151||135||75.7||-110||-102|
|Cash Flow from Ops. ⓘ||-254||86||116||226||256||471||256||314||409||7.3||-|
|Debt/CF from Ops. ⓘ||-1.2||0.5||0.2||0.1||0.1||0.4||0||0.9||0.8||87.5||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||-190.7%||-189.9%||-245.2%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-111.4||1.9||6.6||7.3||12.8||10.6||8.7||7.3||3.9||-5.8||-5.6|
|Op. Profit Mgn % ⓘ||-17.1||2.8||5||6.2||9.1||8.7||8.1||7.6||8.7||1.8||1.1|
|Net Profit Mgn % ⓘ||-22.5||0.7||3.9||3.9||6||5.5||4.4||3.8||2.7||-4.9||-3.4|
|Debt to Equity ⓘ||3.6||0||0||0||0||0.1||0||0.2||0.2||0.4||-|
|Working Cap Days ⓘ||228||128||145||122||96||115||123||119||137||201||0|
|Cash Conv. Cycle ⓘ||12||18||27||14||12||7||9||20||22||32||0|
Sales growth is good in last 4 quarters at 83.16%
Return on Equity is Poor
Sales growth has been subdued in last 3 years -16.56%
|TTM EPS (₹)||-64.2||-77.4|
|TTM Sales (₹ Cr.)||2,971||2,971|
|BVPS (₹.) ⓘ||1,384.5||1,359.2|
|Reserves (₹ Cr.) ⓘ||1,811||1,778|
|From the Market|
|52 Week Low / High (₹)||970.05 / 1740.00|
|All Time Low / High (₹)||54.50 / 4839.00|
|Market Cap (₹ Cr.)||1,315|
|Equity (₹ Cr.)||13.2|
|Face Value (₹)||10|
|Industry PE ⓘ||75.3|
Force Motors was established in 1958 by N. K. Firodia, with the vision to provide affordable commercial transport for the masses by harnessing the best available technology and offering economical, reliable and efficient products. Currently, its range includes Small Commercial Vehicles (SCV), Multi-Utility Vehicles (MUV), Light Commercial Vehicles (LCV), Special Utility Vehicles (SUV) and Agricultural Tractors.
Force Motors is fully vertically integrated, making its own engines, chassis, gear boxes, axles, bodies etc. for the entire product range. It provides appropriate solutions for transport - both goods, as well as passenger - rugged, reliable and efficient transport solutions for every need - rural or urban, long distance or local, over good roads or bad tracks. The company continues in the founder's vision of providing efficient, utilitarian vehicles that empower the individual entrepreneur to meet his and the country's ever changing needs.
Business area of the company
The company is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles. The company's product range includes Tractors, Three wheelers, Light commercial vehicles, Multi Utility Vehicles and Heavy commercial vehicles.