Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

JBM Auto Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:21 am

Market Cap 19,384 Cr.
Current Price 1,639
High / Low 2,428/1,388
Stock P/E103
Book Value 104
Dividend Yield0.09 %
ROCE14.4 %
ROE15.9 %
Face Value 2.00
PEG Ratio6.10

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
G S Auto International Ltd 59.6 Cr. 41.1 54.8/24.148.5 15.60.00 %10.1 %3.21 % 5.00
Duncan Engineering Ltd 208 Cr. 563 902/38432.0 1490.62 %18.4 %13.9 % 10.0
Bharat Seats Ltd 685 Cr. 109 125/62.825.1 27.90.73 %15.3 %15.9 % 2.00
Automobile Corporation of Goa Ltd 1,300 Cr. 2,135 3,449/1,39028.3 3870.94 %18.7 %18.6 % 10.0
Akar Auto Industries Ltd 134 Cr. 125 170/87.821.5 44.40.48 %17.3 %13.1 % 5.00
Industry Average5,065.58 Cr690.4439.04148.220.62%16.36%15.36%5.85

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales5917455477538211,0728651,0299531,0109461,2311,346
Expenses5256624926747379577829298479038331,0911,190
Operating Profit658355788511583100106107114140157
OPM %11%11%10%10%10%11%10%10%11%11%12%11%12%
Other Income3435954111234106
Interest14151719192123293835394854
Depreciation21212022242629313238404143
Profit before tax34512042517435504837386066
Tax %35%36%39%40%35%-16%26%28%27%23%21%19%21%
Net Profit22331225338626363528304952
EPS in Rs1.862.771.032.142.807.242.183.062.902.372.553.744.12

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales9671,1711,3641,5571,5181,5011,6332,2071,9471,9823,1933,8574,533
Expenses8561,0381,2091,3661,3281,3361,4291,9491,7171,7842,8603,4594,016
Operating Profit112133155191190165204258230198333398517
OPM %12%11%11%12%13%11%12%12%12%10%10%10%11%
Other Income646663524271612212723
Interest3943363553534959645576126176
Depreciation3033404059505675747691130162
Profit before tax486084122859712415010878187170201
Tax %33%37%32%24%26%26%34%35%36%37%16%26%
Net Profit32385793637281986949156125160
EPS in Rs2.543.204.927.495.147.056.919.625.864.1713.2110.5212.78
Dividend Payout %6%10%6%13%14%11%12%9%12%14%8%12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)18.75%50.00%63.16%-32.26%14.29%12.50%20.99%-29.59%-28.99%218.37%-19.87%
Change in YoY Net Profit Growth (%)0.00%31.25%13.16%-95.42%46.54%-1.79%8.49%-50.58%0.61%247.35%-238.24%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:14%
5 Years:18%
3 Years:36%
TTM:27%
Compounded Profit Growth
10 Years:13%
5 Years:12%
3 Years:52%
TTM:37%
Stock Price CAGR
10 Years:39%
5 Years:71%
3 Years:55%
1 Year:14%
Return on Equity
10 Years:15%
5 Years:13%
3 Years:16%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 10:31 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital10102020202020242424242424
Reserves1592272803233363976256807228731,0061,1441,209
Borrowings3803235025365225737816278451,3881,7032,1272,636
Other Liabilities3304964516394714455806788739448071,5701,320
Total Liabilities8791,0551,2541,5191,3501,4352,0062,0092,4643,2293,5404,8655,189
Fixed Assets4114706927115835588348619301,2131,5401,7291,782
CWIP407912273563709030018026813175
Investments13131616769148545449747977
Other Assets4154945347646567231,0541,0041,1791,7881,6572,9263,255
Total Assets8791,0551,2541,5191,3501,4352,0062,0092,4643,2293,5404,8655,189

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1172036614511969152370216-142484205
Cash from Investing Activity +-96-131-200-116-65-61-190-123-363-295-646-443
Cash from Financing Activity +-23-70138-34-57-846-236140454159248
Net Cash Flow-224-4-4-0911-716-210

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow112.00-247.00-168.00-311.00-346.00-357.00-369.00-523.00-397.00-647.00332.00397.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days6464547075791019391664449
Inventory Days5759591037575688096665776
Days Payable69837313911182971081549059113
Cash Conversion Cycle514040343972736533434312
Working Capital Days22535404767915464957985
ROCE %18%20%21%15%15%17%17%12%9%14%12%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters67.54%67.54%67.53%67.53%67.53%67.53%67.53%67.53%67.53%67.53%67.53%67.53%
FIIs0.93%1.20%1.25%1.31%1.24%1.37%1.66%1.73%2.52%2.82%3.34%3.30%
DIIs0.01%0.01%0.00%0.00%0.00%0.02%0.05%0.02%0.03%0.04%0.06%0.05%
Public31.52%31.26%31.22%31.16%31.23%31.08%30.76%30.72%29.91%29.62%29.09%29.12%
No. of Shareholders23,33733,87152,92853,46256,41351,76048,20154,66790,38989,4781,11,9021,29,244

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Nifty Smallcap 250 Index Fund11,2740.171.46,6962024-12-1868.37%
Motilal Oswal Nifty Smallcap 250 Index Fund6,8880.170.866,6962024-12-182.87%
Axis Nifty Smallcap 50 Index Fund6,6960.520.836,6962024-12-180%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund5,3950.520.676,6962024-12-18-19.43%
SBI Nifty Smallcap 250 Index Fund5,3850.170.676,6962024-12-18-19.58%
ICICI Prudential Nifty Smallcap 250 Index Fund2,8400.170.356,6962024-12-18-57.59%
HDFC NIFTY Smallcap 250 ETF1,4510.170.186,6962024-12-18-78.33%
Kotak Nifty Smallcap 50 Index1,4210.510.186,6962024-12-18-78.78%
HDFC Nifty Smallcap 250 Index Fund1,1900.170.156,6962024-12-18-82.23%
Motilal Oswal Nifty 500 Index Fund7490.020.096,6962024-12-18-88.81%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.005.005.00
Basic EPS (Rs.)15.1210.5813.2310.4214.63
Diluted EPS (Rs.)15.1210.5813.2310.4214.63
Cash EPS (Rs.)30.0321.5821.8027.9030.21
Book Value[Excl.RevalReserv]/Share (Rs.)100.8186.9575.59157.64148.74
Book Value[Incl.RevalReserv]/Share (Rs.)100.8186.9575.59157.64148.74
Revenue From Operations / Share (Rs.)423.63326.21270.03419.05411.58
PBDIT / Share (Rs.)51.1035.9630.8045.6951.92
PBIT / Share (Rs.)36.6024.9423.0629.6836.31
PBT / Share (Rs.)19.9614.3116.6617.9722.72
Net Profit / Share (Rs.)15.5310.5614.0711.8914.60
NP After MI And SOA / Share (Rs.)15.1210.5213.2110.4214.63
PBDIT Margin (%)12.0611.0211.4010.9012.61
PBIT Margin (%)8.637.648.547.088.82
PBT Margin (%)4.714.386.164.285.52
Net Profit Margin (%)3.663.235.202.833.54
NP After MI And SOA Margin (%)3.563.224.892.483.55
Return on Networth / Equity (%)15.3112.1117.486.619.83
Return on Capital Employeed (%)21.1616.3718.1112.8517.01
Return On Assets (%)3.673.514.832.003.44
Long Term Debt / Equity (X)0.570.610.530.300.27
Total Debt / Equity (X)1.801.631.530.950.77
Asset Turnover Ratio (%)1.191.191.180.880.97
Current Ratio (X)0.930.900.980.810.96
Quick Ratio (X)0.660.660.740.550.66
Inventory Turnover Ratio (X)6.466.685.974.334.77
Dividend Payout Ratio (NP) (%)8.599.504.5416.7815.98
Dividend Payout Ratio (CP) (%)4.384.642.866.627.73
Earning Retention Ratio (%)91.4190.5095.4683.2284.02
Cash Earning Retention Ratio (%)95.6295.3697.1493.3892.27
Interest Coverage Ratio (X)3.073.384.813.903.82
Interest Coverage Ratio (Post Tax) (X)1.931.993.202.022.07
Enterprise Value (Cr.)23395.159254.856507.252679.681177.77
EV / Net Operating Revenue (X)4.672.402.041.350.60
EV / EBITDA (X)38.7221.7617.8712.404.80
MarketCap / Net Operating Revenue (X)4.261.981.621.000.33
Retention Ratios (%)91.4090.4995.4583.2184.01
Price / BV (X)18.277.425.792.670.93
Price / Net Operating Revenue (X)4.261.981.621.000.33
EarningsYield0.010.010.030.020.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 1,704.74

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 4.01% compared to the current share price 1,639.00

Intrinsic Value of as of December 21, 2024 is: 1,992.44

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 21.56% compared to the current share price 1,639.00

Last 5 Year EPS CAGR: 16.88%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 15.33%, which is a positive sign.
  2. The company has shown consistent growth in sales (75.92 cr) and profit (116.46 cr) over the years.
  1. The stock has a high average Working Capital Days of 57.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 45.42, which may not be favorable.
  3. The company has higher borrowings (995.62) compared to reserves (613.92), which may suggest financial risk.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 3.66%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 21.16% (Industry Average ROCE: 16.36%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 15.31% (Industry Average ROE: 15.36%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.93
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.66
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 103 (Industry average Stock P/E: 39.04)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.8
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

JBM Auto Ltd. is a Public Limited Listed company incorporated on 05/11/1996 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1996PLC083073 and registration number is 083073. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 3168.16 Cr. and Equity Capital is Rs. 23.65 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Others601, Hemkunt Chambers, 89, Nehru Place, New Delhi Delhi 110019corp.communications@jbmgroup.com
http://www.jbmgroup.com
Management
NamePosition Held
Mr. Surendra Kumar AryaChairman
Mr. Nishant AryaVice Chairman & Mng.Director
Mr. Dhiraj MohanWhole Time Director
Dr. Valipe Ramgopal RaoIndependent Director
Mr. Praveen Kumar TripathiIndependent Director
Mrs. Pravin TripathiIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹1704.74, which is 4.01% higher than the current market price of ₹1,639.00. The stock has a market capitalization of 19,384 Cr. and recorded a high/low of 2,428/1,388 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,209 Cr and total liabilities of ₹5,189 Cr.

What is the Market Cap of ?

The Market Cap of is 19,384 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 1,639.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 2,428/1,388.

What is the Stock P/E of ?

The Stock P/E of is 103.

What is the Book Value of ?

The Book Value of is 104.

What is the Dividend Yield of ?

The Dividend Yield of is 0.09 %.

What is the ROCE of ?

The ROCE of is 14.4 %.

What is the ROE of ?

The ROE of is 15.9 %.

What is the Face Value of ?

The Face Value of is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE