Why is Goodyear India Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -18.78% of over the last 5 years
2
Flat results in Jun 26
- OPERATING CF(Y) Lowest at Rs 112.28 Cr
- PAT(Q) At Rs 0.39 cr has Fallen at -98.0% (vs previous 4Q average)
- PBDIT(Q) Lowest at Rs 10.03 cr.
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -27.98% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
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
-28.41%
-1.25
22.37%
Sensex
-9.35%
-0.74
13.51%
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
0
Institutional Holding
8.05%
ROCE (avg)
32.84%
ROE (avg)
14.58%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
19
Price to Book Value
2.68
EV to EBIT
19.38
EV to EBITDA
11.58
EV to Capital Employed
3.57
EV to Sales
0.55
PEG Ratio
0.58
Dividend Yield
3.76%
ROCE (Latest)
22.99%
ROE (Latest)
10.50%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Bullish
Technical Movement
11What is working for the Company
PAT(9M)
Higher at Rs 50.56 Cr
NET SALES(Q)
Highest at Rs 774.35 cr
-14What is not working for the Company
OPERATING CF(Y)
Lowest at Rs 112.28 Cr
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%
PBT LESS OI(Q)
Lowest at Rs -5.30 cr.
NON-OPERATING INCOME(Q)
is 1,119.23 % of Profit Before Tax (PBT
EPS(Q)
Lowest at Rs 2.82
Loading Valuation Snapshot...
Here's what is working for Goodyear India
Net Sales - Quarterly
Highest at Rs 774.35 cr
in the last five quartersMOJO 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 CrMOJO 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 CrMOJO 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 CrMOJO 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 yearsMOJO 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 quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 1.30%
in the last five quartersMOJO 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 quartersMOJO 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 quartersMOJO 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 quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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