Goodyear India Ltd (GOODYEAR) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Indag Rubber

TVS Srichakra

Megamont

Apollo Tyres

Balkrishna Inds

Goodyear India

CEAT

Tolins Tyres

JK Tyre & Indust

Modi Rubber

Horizon Reclaim

Why is Goodyear India Ltd ?

Poor long term growth as Operating profit has grown by an annual rate -18.78% of over the last 5 years

Flat results in Jun 26

OPERATING CF(Y) Lowest at Rs 112.28 Cr
PBT LESS OI(Q) At Rs -5.30 cr has Fallen at -124.6% (vs previous 4Q average)
PAT(Q) At Rs 0.39 cr has Fallen at -98.0% (vs previous 4Q average)

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -27.81% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Tyres & Rubber Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Goodyear India for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Goodyear India

-27.81%

-1.24

22.37%

Sensex

-9.29%

-0.69

13.52%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

4.33%

EBIT Growth (5y)

-18.78%

EBIT to Interest (avg)

22.91

Debt to EBITDA (avg)

0.11

Net Debt to Equity (avg)

-0.34

Sales to Capital Employed (avg)

4.15

Tax Ratio

26.06%

Dividend Payout Ratio

99.41%

Pledged Shares

Institutional Holding

8.05%

ROCE (avg)

32.84%

ROE (avg)

14.58%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.70

EV to EBIT

19.50

EV to EBITDA

11.65

EV to Capital Employed

3.59

EV to Sales

0.55

PEG Ratio

0.58

Dividend Yield

3.74%

ROCE (Latest)

22.99%

ROE (Latest)

10.50%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

11What is working for the Company

PAT(9M)

At Rs 50.56 cr has Grown at 77.64%

NET SALES(Q)

At Rs 774.35 cr has Grown at 25.1% (vs previous 4Q average

-14What is not working for the Company

OPERATING CF(Y)

Lowest at Rs 112.28 Cr

PBT LESS OI(Q)

At Rs -5.30 cr has Fallen at -124.6% (vs previous 4Q average

PAT(Q)

At Rs 0.39 cr has Fallen at -98.0% (vs previous 4Q average

PBDIT(Q)

Lowest at Rs 10.03 cr.

OPERATING PROFIT TO NET SALES (Q)

Lowest at 1.30%

NON-OPERATING INCOME(Q)

is 1,119.23 % of Profit Before Tax (PBT

EPS(Q)

Lowest at Rs 2.82

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Here's what is working for Goodyear India

Net Sales - Quarterly

Highest at Rs 774.35 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly

At Rs 774.35 cr has Grown at 25.1% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 618.97 Cr

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Goodyear India

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs -5.30 cr has Fallen at -124.6% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs 21.56 Cr

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 0.39 cr has Fallen at -98.0% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 19.34 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Operating Cash Flow - Annually

Lowest at Rs 112.28 Cr and Fallen

each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Lowest at Rs 10.03 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Lowest at 1.30%

in the last five quarters

MOJO Watch

Company's efficiency has deteriorated

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs -5.30 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Non Operating Income - Quarterly

is 1,119.23 % of Profit Before Tax (PBT)

MOJO Watch

The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Earnings per Share (EPS) - Quarterly

Lowest at Rs 2.82

in the last five quarters

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (Rs)

Non Operating Income - Quarterly

Highest at Rs 5.82 cr

in the last five quarters

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating Income