Ratings Bharat Forge Limited NSE India S.E.

Equities

BHARATFORG

INE465A01025

Market Closed - NSE India S.E. Other stock markets 07:51:18 2024-04-23 am EDT			5-day change	1st Jan Change
1,207 ^INR	+0.17%		+3.10%	-2.57%

Mar. 29	Bharat Forge Limited Announces Cessation of G. K. Agarwal as the Director and Deputy Managing Director, Effective March 31, 2024	CI
Mar. 14	Bharat Forge Gets Board Nod to Raise INR5 Billion Through Debenture Issue, Term Loan	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 51% by 2026.
The earnings growth currently anticipated by analysts for the coming years is particularly strong.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 50.27 times its estimated earnings per share for the ongoing year.
The company's enterprise value to sales, at 3.93 times its current sales, is high.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The valuation of the company is particularly high given the cash flows generated by its activity.
The company is not the most generous with respect to shareholders' compensation.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.

Ratings chart - Surperformance

Sector: Iron & Steel

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
BHARAT FORGE LIMITED	-2.57%	6.72B		-
JSW STEEL LIMITED	-3.31%	24.94B		B
BAOSHAN IRON & STEEL CO., LTD.	+18.55%	21.86B		A
CHINA STEEL CORPORATION	-7.96%	11.79B		A-
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+9.76%	11.34B		C+
JINDAL STEEL & POWER LIMITED	+21.62%	11.03B		B+
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+8.90%	10.15B	-	C
TERNIUM S.A.	+0.75%	8.38B		B
JINDAL STAINLESS LIMITED	+26.70%	7.04B		B-
BLUESCOPE STEEL LIMITED	-1.67%	6.5B		B-

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

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes