Analysis Birla Tyres Limited (BIRLATYRES)
5/25/2024
Analysis of Birla Tyres Limited (BIRLATYRES)
Birla Tyres Limited has shown some fluctuations in its stock price over the past few days. The Relative Strength Index (RSI) values indicate that the stock has been in the overbought territory, with values above 70, suggesting a possible reversal in the trend.The Moving Average Convergence Divergence (MACD) indicator is not available for the provided data, which limits our ability to analyze the momentum of the stock price.
The Moving Average (MA) indicator shows an increasing trend, with the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) values generally trending upwards.
Overall, further analysis with additional technical indicators and market context would be needed to make a more comprehensive assessment of Birla Tyres Limited's stock performance.
Earnings
The company's results for the quarter ending April 30, 2025, have not been provided at this time. The results for the quarter ending February 27, 2025, are available through the Transfer Agent. The results for the quarter ending January 31, 2025, were released after hours. The results for the quarter ending October 31, 2024, have not been provided at this time. The results for the quarter ending August 1, 2024, showed an EPS estimate of 1.33.Main Statystic ðŸ§
The company's financials show a strong cash flow, with operating cash flow at $110.56 billion and levered free cash flow at $84.73 billion. The balance sheet indicates a total cash of $67.15 billion and total debt of $104.59 billion, resulting in a current ratio of 1.037. The company has a book value per share of $4.837 and a total cash per share of $4.379, with a total debt to equity ratio of 140.968.In terms of profitability, the company has a profit margin of 26.31% and an operating margin of 30.74%. The return on assets is 22.07% and the return on equity is 147.25%. The income statement shows an EBITDA of $131.39 billion, revenue of $381.62 billion, and a net income to common of $100.39 billion. The diluted EPS is $6.44 and the revenue per share is $24.54. The company experienced a quarterly revenue growth of -4.3% and a quarterly earnings growth year-over-year of -2.2%.
Looking at stock statistics, the company has a short ratio of 1.66 and a short percent of shares outstanding of 0.62%. The float shares are 15.31 billion, with 94.31 million shares shorted. The shares outstanding are 15.33 billion, with 5.22% held by insiders and 57.56% held by institutions.
In terms of valuation metrics, the company has a PEG ratio of 26.21, a forward PE of 26.21, and a trailing PE of 29.43. The enterprise value is $2.95 trillion, with a price to book ratio of 39.18, price to sales ratio of 7.62, enterprise to EBITDA ratio of 22.75, and enterprise to revenue ratio of 7.73. The market capitalization is $2.91 trillion.
The stock price summary shows a beta of 1.264, with a 50-day moving average of $173.69 and a 200-day moving average of $180.79. The fifty-two week low is $164.08, the high is $199.62, and the change is 8.25%.
Lastly, in terms of dividends and splits, the company has a payout ratio of 14.93% and a forward annual dividend rate of 1. The 5-year average dividend yield is 0.73% and the forward annual dividend yield is 0.53%. The trailing annual dividend rate is 0.97% and the trailing annual dividend yield is 0.51%. The dividend date is on May 16, 2024, with an ex-dividend date on May 10, 2024. The last split date was on August 31, 2020, with a 4-for-1 split.
Revenue estimate
Based on analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year compared to the current one.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.6%.
2. Next Quarter: The estimated growth rate for the next quarter is 4.8%.
3. Current Year: The estimated growth rate for the current year is 7.5%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated growth rate for the next 5 years is 11%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the near term compared to the past performance. However, the company is still projected to experience double-digit growth over the next 5 years according to analyst consensus.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions on the future price of the security, with the low end at $164, the high end at $250, and the average at $202.26. The current price is $191.57, which is below the average and median forecasted prices.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the past four fiscal years.
2. The gross profit margin seems to be consistent, indicating efficient cost management.
3. The net income has also shown a positive trend, reflecting the company's profitability.
4. Earnings per share (EPS) have been relatively stable over the years.
5. The company has been able to maintain a healthy EBITDA margin.
6. Operating income has been growing, suggesting operational efficiency.
7. The company has been able to effectively manage its operating expenses.
8. The non-operating interest income has been fluctuating, impacting the overall financial performance.
9. The company has been paying income taxes consistently, indicating compliance with tax regulations.
10. The number of basic and diluted shares outstanding has remained relatively stable over the years.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, from $323.9 billion in 2018 to $352.8 billion in 2023.
2. Current assets have fluctuated but generally increased, with the highest value in 2023 at $143.6 billion.
3. Non-current assets have also shown an increasing trend, reaching $209 billion in 2023.
4. Total liabilities have been on the rise, from $255.4 billion in 2018 to $290.4 billion in 2023.
5. Shareholders' equity has shown an increasing trend, with the highest value in 2023 at $62.1 billion.
6. The company has been investing more in non-current assets over the years, indicating potential long-term growth strategies.
7. The company has been relying more on long-term debt to finance its operations, as seen from the increasing trend in non-current liabilities.
8. The company has been able to maintain a positive shareholders' equity throughout the years, indicating a healthy financial position.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. Financing activities show significant fluctuations, especially in common stock repurchases and long-term debt issuuance.
5. Investing activities also vary, with notable amounts spent on the sale and purchase of investments.
6. The end cash position has been fluctuating, reaching its highest value in 2020 and its lowest in 2022.
These conclusions provide insights into the company's financial performance and management of cash flows over the years.
Earnings estimate
The analysts' estimates for future quarterly and annual earnings per share are as follows:1. Current Quarter (as of June 30, 2024):
- Average Estimate: $1.33
- Low Estimate: $1.27
- High Estimate: $1.36
- Year Ago EPS: $1.26
- Number of Analysts: 26
2. Next Quarter (as of September 30, 2024):
- Average Estimate: $1.53
- Low Estimate: $1.44
- High Estimate: $1.63
- Year Ago EPS: $1.46
- Number of Analysts: 25
3. Current Year (as of September 30, 2024):
- Average Estimate: $6.59
- Low Estimate: $6.43
- High Estimate: $6.92
- Year Ago EPS: $6.13
- Number of Analysts: 39
4. Next Year (as of September 30, 2025):
- Average Estimate: $7.23
- Low Estimate: $6.40
- High Estimate: $7.90
- Year Ago EPS: $6.59
- Number of Analysts: 39
Based on these estimates, we can see a generally positive outlook with an increase in earnings expected for both the next quarter and the next year compared to the respective year-ago periods. The number of analysts providing estimates also indicates a strong interest in the company's performance.
This is not investment advice. Remember to verify the information provided here.
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