ScoreWhy is Ashok Leyland Ltd. ?
1
High Debt Company with a Debt to Equity ratio (avg) at 3.41 times
- High Debt Company with a Debt to Equity ratio (avg) at 3.41 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 26.70% and Operating profit at 44.58%
3
The company has declared Positive results for the last 3 consecutive quarters
- OPERATING CF(Y) Highest at Rs 128.47 Cr
- PAT(Latest six months) At Rs 1,396.01 cr has Grown at 23.91%
- DEBTORS TURNOVER RATIO(HY) Highest at 14.90 times
4
With ROCE of 15.3, it has a Expensive valuation with a 2.4 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 38.05%, its profits have risen by 31% ; the PEG ratio of the company is 0.9
5
41.15% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
6
Consistent Returns over the last 3 years
- Along with generating 38.05% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Ashok Leyland should be less than 10%
- Overall Portfolio exposure to Automobiles should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Automobiles)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ashok Leyland for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Ashok Leyland
38.14%
1.24
30.61%
Sensex
4.81%
0.41
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
26.70%
EBIT Growth (5y)
44.58%
EBIT to Interest (avg)
1.78
Debt to EBITDA (avg)
6.78
Net Debt to Equity (avg)
3.57
Sales to Capital Employed (avg)
0.86
Tax Ratio
25.70%
Dividend Payout Ratio
59.07%
Pledged Shares
41.15%
Institutional Holding
37.98%
ROCE (avg)
11.78%
ROE (avg)
16.25%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
30
Price to Book Value
7.48
EV to EBIT
15.82
EV to EBITDA
13.99
EV to Capital Employed
2.42
EV to Sales
2.73
PEG Ratio
0.90
Dividend Yield
1.95%
ROCE (Latest)
15.28%
ROE (Latest)
26.79%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
OPERATING CF(Y)
Highest at Rs 128.47 Cr
PAT(Latest six months)
At Rs 1,396.01 cr has Grown at 23.91%
DEBTORS TURNOVER RATIO(HY)
Highest at 14.90 times
PBT LESS OI(Q)
At Rs 1,029.12 cr has Grown at 21.82%
-1What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Ashok Leyland
Debtors Turnover Ratio- Half Yearly
Highest at 14.90 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Operating Cash Flow - Annually
Highest at Rs 128.47 Cr
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 1,029.12 cr has Grown at 21.82%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 784.94 cr has Grown at 26.4%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Here's what is not working for Ashok Leyland
Non Operating Income - Quarterly
Highest at Rs 134.89 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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