Z F Steering Gear Faces Continued Financial Struggles Amid Bearish Market Indicators
Z F Steering Gear (India), a microcap in the auto components sector, has experienced a recent evaluation adjustment amid a bearish trend. The company has faced declining operating profits over five years and reported negative results for four consecutive quarters, significantly underperforming the market. Its low Debt to EBITDA ratio indicates debt servicing capability, but ROCE remains modest.
Z F Steering Gear (India), a microcap player in the auto components and equipment industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in technical indicators, which now suggest a bearish trend. The company's performance metrics reveal a challenging landscape, with a notable decline in operating profit over the past five years, averaging an annual rate of -23.05%. In the latest quarter, Z F Steering reported negative financial results for the fourth consecutive time, contributing to a year-to-date return of -29.14%, significantly underperforming the broader market. Despite a low Debt to EBITDA ratio of 1.15 times, indicating a strong capacity to service debt, the company's return on capital employed (ROCE) stands at a modest 5.49%.
The stock's current trading price is 1041.70, down from a previous close of 1064.00, with a 52-week high of 1,947.00 and a low of 900.00. The lack of domestic mutual fund investment, currently at 0%, may reflect a cautious stance towards the company's valuation and business prospects.
For more insights, Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
