down arrow

Goodyear India

  • Market Cap: Small Cap
  • Industry: Tyres & Allied
  • ISIN: INE533A01012
  • NSEID: GOODYEAR
  • BSEID: 500168
INR
838.05
4.05 (0.49%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 25.62 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
Tolins Tyres
Balkrishna Inds
Apollo Tyres
PTL Enterprises
MRF
CEAT
JK Tyre & Indust
Goodyear India
TVS Srichakra
Modi Rubber
Emerald Tyre
Why is Goodyear India Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -14.67% of over the last 5 years
2
The company has declared Negative results for the last 5 consecutive quarters
  • PBT LESS OI(Q) At Rs 8.56 cr has Fallen at -44.5% (vs previous 4Q average)
  • PAT(Q) At Rs 9.48 cr has Fallen at -35.1% (vs previous 4Q average)
  • ROCE(HY) Lowest at 14.02%
3
Stock is technically in a Bearish range
  • The technical trend has deteriorated from Mildly Bearish on 10-Jan-25 and has generated -15.39% returns since then
  • The stocks MACD and KST technical factors are also Bearish
4
With ROE of 7.8, it has a Very 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 -28.93%, its profits have fallen by -65.3%
5
Below par performance in long term as well as near term
  • Along with generating -28.93% returns in the last 1 year, the stock has also underperformed BSE 500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. 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 & Allied)

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
-29.01%
-1.53
18.93%
SENSEX
0.45%
0.02
14.48%
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)
7.33%
EBIT Growth (5y)
-14.67%
EBIT to Interest (avg)
31.47
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.49
Tax Ratio
26.32%
Dividend Payout Ratio
99.72%
Pledged Shares
0
Institutional Holding
8.85%
ROCE (avg)
39.06%
ROE (avg)
16.18%
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
42
Industry P/E
23
Price to Book Value
3.27
EV to EBIT
34.91
EV to EBITDA
16.54
EV to Capital Employed
4.38
EV to Sales
0.68
PEG Ratio
NA
Dividend Yield
1.80%
ROCE (Latest)
16.59%
ROE (Latest)
7.84%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
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

1What is working for the Company
NO KEY POSITIVE TRIGGERS
-20What is not working for the Company
PBT LESS OI(Q)

At Rs 8.56 cr has Fallen at -44.5% (vs previous 4Q average

PAT(Q)

At Rs 9.48 cr has Fallen at -35.1% (vs previous 4Q average

ROCE(HY)

Lowest at 14.02%

DEBTORS TURNOVER RATIO(HY)

Lowest at 7.36 times

NON-OPERATING INCOME(Q)

is 35.49 % of Profit Before Tax (PBT

Loading Valuation Snapshot...
Here's what is not working for Goodyear India
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 8.56 cr has Fallen at -44.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 15.42 Cr
MOJO Watch
Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 9.48 cr has Fallen at -35.1% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 14.61 Cr
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Non Operating Income - Quarterly
is 35.49 % 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

Debtors Turnover Ratio- Half Yearly
Lowest at 7.36 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio