Why is VST Tillers Tractors Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 13.19% over the last 5 years
2
With ROE of 9.6, it has a Very Expensive valuation with a 3.6 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 20.09%, its profits have risen by 12.6% ; the PEG ratio of the company is 3
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 Automobiles)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is VST Till. Tract. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
VST Till. Tract.
20.0%
0.60
33.23%
Sensex
-7.94%
-0.61
12.97%
Quality key factors
Factor
Value
Sales Growth (5y)
13.19%
EBIT Growth (5y)
20.20%
EBIT to Interest (avg)
54.13
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.61
Sales to Capital Employed (avg)
1.03
Tax Ratio
26.03%
Dividend Payout Ratio
14.27%
Pledged Shares
0
Institutional Holding
21.45%
ROCE (avg)
22.68%
ROE (avg)
10.65%
Valuation Key Factors 
Factor
Value
P/E Ratio
37
Industry P/E
20
Price to Book Value
3.55
EV to EBIT
22.95
EV to EBITDA
19.42
EV to Capital Employed
7.47
EV to Sales
2.60
PEG Ratio
2.98
Dividend Yield
0.44%
ROCE (Latest)
32.53%
ROE (Latest)
9.57%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
11What is working for the Company
PAT(Latest six months)
At Rs 35.52 cr has Grown at 38.21%
DEBTORS TURNOVER RATIO(HY)
Highest at 7.22 times
NET SALES(Q)
Highest at Rs 328.46 cr
PBDIT(Q)
Highest at Rs 46.82 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 14.25%
PBT LESS OI(Q)
Highest at Rs 39.91 cr.
-4What is not working for the Company
PAT(Q)
At Rs 5.09 cr has Fallen at -83.6% (vs previous 4Q average
EPS(Q)
Lowest at Rs 5.88
Loading Valuation Snapshot...
Here's what is working for VST Till. Tract.
Net Sales - Quarterly
Highest at Rs 328.46 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 46.82 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 14.25%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 39.91 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 39.91 cr has Grown at 22.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 32.58 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 7.22 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for VST Till. Tract.
Profit After Tax (PAT) - Quarterly
At Rs 5.09 cr has Fallen at -83.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 31.01 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 5.88
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






