Goodyear India

Market Cap: Small Cap
Industry: Tyres & Rubber Products
ISIN: INE533A01012
NSEID: GOODYEAR
BSEID: 500168
View on NSE | View on BSE

INR

724.00

-10.5 (-1.43%)

BSENSE

Jun 11, 03:30 PM

BSE+NSE Vol: 7.29 k

Access older stock analysis version

Score

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

CEAT

Indag Rubber

Tolins Tyres

JK Tyre & Indust

Goodyear India

Balkrishna Inds

Megamont

Dolfin Rubbers

Modi Rubber

Why is Goodyear India Ltd ?

Poor long term growth as Operating profit has grown by an annual rate -11.04% of over the last 5 years

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -23.91% 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

-23.95%

-1.18

20.30%

Sensex

-10.52%

-0.81

13.06%

Quality

Management Risk

Growth

Capital Structure

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

100.03%

Pledged Shares

Institutional Holding

8.28%

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

2.78

EV to EBIT

16.14

EV to EBITDA

10.49

EV to Capital Employed

3.71

EV to Sales

0.60

PEG Ratio

0.54

Dividend Yield

3.27%

ROCE (Latest)

22.99%

ROE (Latest)

12.76%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

No Trend

Mildly Bullish

OBV

No Trend

Bearish

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

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(Q)

At Rs 24.11 cr has Grown at 65.9% (vs previous 4Q average

-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