Ratings JK Tyre & Industries Limited

Equities

JKTYRE

INE573A01042

Delayed Bombay S.E. Other stock markets 02:48:30 2024-05-29 am EDT			5-day change	1st Jan Change
412.1 ^INR	-1.01%		-2.84%	+3.45%

May. 21	JK Tyre & Industries Limited Recommends a Final Dividend for the Financial Year Ended 31 March, 2024	CI
May. 21	JK Tyre & Industries Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The company has a low valuation given the cash flows generated by its activity.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

Weaknesses

The company is not the most generous with respect to shareholders' compensation.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Tires & Rubber Products

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
JK TYRE & INDUSTRIES LIMITED	+3.45%	1.3B		C
BALKRISHNA INDUSTRIES LIMITED	+19.69%	7.2B		B-
MRF LIMITED	-0.51%	6.58B		C-
PIRELLI & C. S.P.A.	+25.31%	6.72B		B+
CHENG SHIN RUBBER IND. CO., LTD.	+28.06%	5.79B		B-
SHANDONG LINGLONG TYRE CO.,LTD.	+9.67%	4.26B		B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	-1.32%	4.02B		B
QINGDAO SENTURY TIRE CO., LTD.	+20.10%	3.49B		-
PT MULTISTRADA ARAH SARANA TBK	+39.11%	3.02B	-	-
TRIANGLE TYRE CO.,LTD	+12.70%	1.79B		-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes