ScoreWhy is JK Tyre & Industries Ltd ?
1
The company has declared Positive results for the last 3 consecutive quarters
- NET SALES(Q) Highest at Rs 4,223.44 cr
- PAT(9M) Higher at Rs 735.38 Cr
- DEBT-EQUITY RATIO(HY) Lowest at 0.81 times
2
With ROCE of 14.7, it has a Very Attractive valuation with a 1.5 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 12.47%, its profits have risen by 71.8% ; the PEG ratio of the company is 0.2
3
High Institutional Holdings at 26.05%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 1.87% over the previous quarter.
4
Market Beating Performance
- Even though the market (BSE500) has generated negative returns of -0.96% in the last 1 year, the stock has been able to generate 12.47% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to JK Tyre & Indust should be less than 10%
- 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
Is JK Tyre & Indust for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
JK Tyre & Indust
12.28%
0.34
36.81%
Sensex
-6.14%
-0.45
13.32%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
12.40%
EBIT Growth (5y)
11.14%
EBIT to Interest (avg)
2.66
Debt to EBITDA (avg)
3.29
Net Debt to Equity (avg)
0.75
Sales to Capital Employed (avg)
1.58
Tax Ratio
25.75%
Dividend Payout Ratio
16.60%
Pledged Shares
0
Institutional Holding
26.05%
ROCE (avg)
13.56%
ROE (avg)
11.95%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
21
Price to Book Value
1.95
EV to EBIT
10.52
EV to EBITDA
8.07
EV to Capital Employed
1.54
EV to Sales
1.00
PEG Ratio
0.21
Dividend Yield
0.69%
ROCE (Latest)
14.67%
ROE (Latest)
14.71%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend14What is working for the Company
NET SALES(Q)
Highest at Rs 4,223.44 cr
PAT(9M)
Higher at Rs 735.38 Cr
DEBT-EQUITY RATIO(HY)
Lowest at 0.81 times
PBT LESS OI(Q)
At Rs 313.79 cr has Grown at 33.2% (vs previous 4Q average
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for JK Tyre & Indust
Profit After Tax (PAT) - Latest six months
At Rs 503.02 cr has Grown at 206.46%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 4,223.44 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 313.79 cr has Grown at 33.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 235.58 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.81 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
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