Ratings Balkrishna Industries Limited NSE India S.E.

Equities

BALKRISIND

INE787D01026

Delayed NSE India S.E. Other stock markets 01:56:23 2024-05-06 am EDT			5-day change	1st Jan Change
2,447 ^INR	+0.11%		+2.19%	-4.67%

Jan. 26	Nomura Adjusts Balkrishna Industries' Price Target to INR2,265 From INR2,168, Keeps at Reduce	MT
Jan. 25	Transcript : Balkrishna Industries Limited, Q3 2024 Earnings Call, Jan 25, 2024

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's high margin levels account for strong profits.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 36.75 times its estimated earnings per share for the ongoing year.
Based on current prices, the company has particularly high valuation levels.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

Ratings chart - Surperformance

Sector: Tires & Rubber Products

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
BALKRISHNA INDUSTRIES LIMITED	-4.67%	5.67B		-
MRF LIMITED	-2.19%	6.54B		C-
PIRELLI & C. S.P.A.	+21.86%	6.47B		B+
HANKOOK TIRE & TECHNOLOGY CO., LTD.	+16.08%	4.75B		B
CHENG SHIN RUBBER IND. CO., LTD.	+4.45%	4.71B		B-
SHANDONG LINGLONG TYRE CO.,LTD.	+16.48%	4.53B		B
APOLLO TYRES LIMITED	+6.57%	3.83B		B-
QINGDAO SENTURY TIRE CO., LTD.	+27.29%	3.72B		-
PT MULTISTRADA ARAH SARANA TBK	+42.39%	3.1B	-	-
TRIANGLE TYRE CO.,LTD	+19.29%	1.9B		-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes