1. Is Goodyear India Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Goodyear India Ltd is a good quality company.
2. Is Goodyear India Ltd undervalued or overvalued?
The key valuation ratios of Goodyear India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Goodyear India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Goodyear India Ltd is likely to Rise-somewhat 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 % ⓘ||16.9%||25.5%||22.4%||22.3%||19.7%||17.6%||12.7%||10.4%||15.8%||13.7%||-|
|Value Creation Index ⓘ||0.2||0.8||0.6||0.6||0.4||0.3||-0.1||-0.3||0.1||-0.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||5.9%||0.9%||-12.6%||9.2%||10.1%||14.9%||-8.7%||2.6%||35.9%||-|
|Adj EPS ⓘ||23.5||42.3||43.7||42.1||55.3||56.8||45.2||38.9||59.1||44.9||44.1|
|YoY Gr. Rt. %||-||80.4%||3.3%||-3.7%||31.2%||2.9%||-20.5%||-14%||52.2%||-24.1%||-|
|BVPS (₹) ⓘ||152.2||182.3||214.2||212||305.3||346.5||374.7||395.8||362.7||308.7||236.9|
|Adj Net Profit ⓘ||54.1||97.7||101||97.1||127||131||104||89.7||136||104||102|
|Cash Flow from Ops. ⓘ||25.7||131||99.4||7.5||168||182||56.6||65.4||294||89.3||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||0||0||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||7.5%||-4.1%||-0.2%||-24.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16.2||25.1||21.9||21.9||19.3||17.4||12.5||10.1||15.5||13.3||16.2|
|Op. Profit Mgn % ⓘ||6.1||9.2||9.9||11.5||13.2||12.2||8.8||7.8||12.1||7.1||6.2|
|Net Profit Mgn % ⓘ||3.7||6.2||6.4||7||8.4||7.9||5.5||5.1||7.6||4.3||3.7|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||105||114||103||111||154||174||176||145||149||170||103|
|Cash Conv. Cycle ⓘ||-17||-18||-17||-5||1||-9||-3||9||-3||3||18|
Return on Equity has increased versus last 3 years average to 16.20%
Sales growth is good in last 4 quarters at 21.46%
Sales growth has been subdued in last 3 years 8.41%
Net Profit has been subdued in last 3 years -0.22%
|TTM EPS (₹)||44.1||-|
|TTM Sales (₹ Cr.)||2,789||-|
|BVPS (₹.) ⓘ||236.9||-|
|Reserves (₹ Cr.) ⓘ||523||-|
|From the Market|
|52 Week Low / High (₹)||844.00 / 1203.00|
|All Time Low / High (₹)||20.70 / 1330.30|
|Market Cap (₹ Cr.)||2,521|
|Equity (₹ Cr.)||23.1|
|Face Value (₹)||10|
|Industry PE ⓘ||43.5|
Goodyear is present in India since 1922. It is presently working with two plants, one each in Ballabgarh and Aurangabad. The company is engaged in the manufacturing and marketing automotive tyres, tubes and flaps. Automotive tyres include farm, truck and passenger tyres. Other products of the company include tubes/flaps, rubber products and two- and three-wheeler tyres.
Goodyear has a tyre for every type of driving condition. Today's most exciting new cars use wider, lower-profile tyres to enhance both their handling and looks. This type of tyre places a priority on aggressive traction and response. In the past, that meant limited capabilities in poor weather, significant compromises in ride comfort and tread life. Now, a wide range of Goodyear tyres, including the new Eagle ultra-high performance and Excellence radials, deliver outstanding performance, all-season capability, and uncompromised comfort and tyre life.
The Goodyear Tire & Rubber Company started in 1898 when Frank Seiberling purchased the company's first plant using money he borrowed from his brother-in-law. The rubber and cotton had to be transported from halfway around the world, to a landlocked town that had only limited rail transportation. Seiberling named the company after the courageous pioneer Charles Goodyear, the discoverer of vulcanisation. He also determined the distinctive winged-foot trademark that remains a symbolic link with the company's past.
Products of the company
Light Truck Tyre