1. Is Ceat Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Ceat Ltd is a average quality company.
2. Is Ceat Ltd undervalued or overvalued?
The key valuation ratios of Ceat Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Ceat Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ceat 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 % ⓘ||7.8%||14.1%||20.2%||18.2%||21.1%||15.3%||11.5%||9.8%||8.1%||12.3%||-|
|Value Creation Index ⓘ||-0.5||0.0||0.4||0.3||0.5||0.1||-0.2||-0.3||-0.4||-0.1||-|
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||9.1%||9.7%||3.5%||-1.6%||4.5%||9%||10%||-1.2%||12.2%||-|
|Adj EPS ⓘ||1.2||36.8||73.1||76.2||111.9||92.3||73.3||75.2||60.5||109.6||45.2|
|YoY Gr. Rt. %||-||3069.8%||98.8%||4.2%||46.8%||-17.5%||-20.6%||2.6%||-19.5%||81.3%||-|
|BVPS (₹) ⓘ||190.6||217||269||395.2||481.8||570.1||629.6||680.1||682.5||782.4||774.4|
|Adj Net Profit ⓘ||4||126||263||308||453||373||296||304||245||443||183|
|Cash Flow from Ops. ⓘ||6.8||557||155||705||719||344||744||533||968||1,351||-|
|Debt/CF from Ops. ⓘ||189||1.8||7.4||1.1||0.9||2.3||0.9||2.4||2||1||-|
CAGR ⓘCAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||65.8%||-0.4%||14.4%||81.3%|
Key Financial Parameters ⓘPerformance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||0.6||18||30.7||24||25.5||17.6||12.2||11.5||8.9||15||5.8|
|Op. Profit Mgn % ⓘ||5.5||8.7||11.9||11.8||14.7||11.8||10.1||9.5||10.7||12.7||8.5|
|Net Profit Mgn % ⓘ||0.1||2.6||4.9||5.6||8.3||6.6||4.8||4.5||3.6||5.9||2|
|Debt to Equity ⓘ||2||1.4||1.2||0.5||0.3||0.3||0.3||0.5||0.7||0.4||-|
|Working Cap Days ⓘ||97||95||95||93||88||93||102||103||106||99||0|
|Cash Conv. Cycle ⓘ||52||45||38||32||24||28||32||30||20||0||0|
Net Profit is growing at healthy rate in last 3 years 14.37%
Debt to equity has declined versus last 3 years average to 0.44
Sales growth is good in last 4 quarters at 37.06%
Return on Equity has declined versus last 3 years average to 5.80%
Sales growth has been subdued in last 3 years 6.82%
|TTM EPS (₹)||45.2||49.1|
|TTM Sales (₹ Cr.)||9,015||9,061|
|BVPS (₹.) ⓘ||774.4||812|
|Reserves (₹ Cr.) ⓘ||3,092||3,244|
|From the Market|
|52 Week Low / High (₹)||1051.30 / 1763.15|
|All Time Low / High (₹)||13.42 / 2030.00|
|Market Cap (₹ Cr.)||4,493|
|Equity (₹ Cr.)||40.5|
|Face Value (₹)||10|
|Industry PE ⓘ||25.4|
Founded in 1958, CEAT is one of India’s leading tyre brands and the flagship company of the RPG GROUP. Driven by the purpose of helping the world move safely and smartly, CEAT provides world-class products and services across many countries.
On the back of its innovative and agile methods and the drive to experiment, the company has become one of the largest Indian manufacturer of high-performance tyres for all vehicle segments. It seeks to sustain growth and deliver future-ready products and solutions that are safer, smarter and better in every respect.
The company builds best-in-class products through a culture of continuous innovation. The company’s tyres are durable and provide a secure grip, thereby ensuring the safety of its customers on the road, every day. The company is expanding its reach and distribution, introducing differentiated products and creating strong brand associations and social media presence.
Business area of the company
The Company is primarily engaged in business of manufacturing and sales of Automotive Tyres, Tubes & Flaps
Awards and recognitions