Goodyear India

  • Market Cap: Small Cap
  • Industry: Tyres & Rubber Products
  • ISIN: INE533A01012
  • NSEID: GOODYEAR
  • BSEID: 500168
INR
871.35
14.2 (1.66%)
BSENSE

Aug 04, 03:30 PM

BSE+NSE Vol: 98.28 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
TVS Srichakra
Apollo Tyres
Balkrishna Inds
JK Tyre & Indust
Goodyear India
Indag Rubber
Tolins Tyres
CEAT
Megamont
Modi Rubber
Horizon Reclaim

Why is Goodyear India Ltd ?

1
The company is Net-Debt Free
2
Poor long term growth as Operating profit has grown by an annual rate -11.04% of over the last 5 years
3
Positive results in Mar 26
  • PBT LESS OI(Q) At Rs 28.27 cr has Grown at 86.2% (vs previous 4Q average)
  • PAT(Latest six months) Higher at Rs 50.17 cr
4
With ROE of 12.8, it has a Expensive valuation with a 3.3 Price to Book Value
  • The stock is trading at a premium compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of NA, its profits have risen by 40.3% ; the PEG ratio of the company is 0.6
5
Majority shareholders : Promoters
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Goodyear India should be less than 10%
  2. Overall Portfolio exposure to Tyres & Rubber Products should be less than 30%

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

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

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No Data Found
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
6.68%
EBIT Growth (5y)
-11.04%
EBIT to Interest (avg)
25.32
Debt to EBITDA (avg)
0.11
Net Debt to Equity (avg)
-0.34
Sales to Capital Employed (avg)
4.15
Tax Ratio
26.05%
Dividend Payout Ratio
99.41%
Pledged Shares
0
Institutional Holding
8.05%
ROCE (avg)
32.84%
ROE (avg)
14.58%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
26
Industry P/E
21
Price to Book Value
3.32
EV to EBIT
19.73
EV to EBITDA
12.81
EV to Capital Employed
4.53
EV to Sales
0.73
PEG Ratio
0.64
Dividend Yield
NA
ROCE (Latest)
22.99%
ROE (Latest)
12.76%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

19What is working for the Company
PBT LESS OI(Q)

At Rs 28.27 cr has Grown at 86.2% (vs previous 4Q average

PAT(Latest six months)

Higher at Rs 50.17 cr

-3What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...

Here's what is working for Goodyear India

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 28.27 cr has Grown at 86.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 15.18 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 24.11 cr has Grown at 65.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 14.53 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Here's what is not working for Goodyear India

Non Operating Income - Quarterly
Highest at Rs 4.89 cr
in the last five quarters
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating Income