Home > Analytics > BHARAT FORGE

BHARAT FORGE
Intrinsic Value | Fundamental Analysis

BOM : 500493     NSE : BHARATFORG    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Average [Stock is fairly valued]
Debt : High
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Upward
Price Momentum : Downward
Pledged Shares : None or < 25%
Apr 12,2024
Price(EOD): ₹ 1,177.55
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Forgings
MCap: ₹ 54,826.73 Cr
Value of ₹ 1 Lac invested in BHARAT FORGE
on Apr 15,2019 (price: ₹ 511.40)

₹ 1 L

₹ 2.30 L

1W : 1.3% 1M : -0.2% 1Y : 45.2%
COMMUNITY POLL
for BHARAT FORGE
Please provide your vote to see the results
BHARAT FORGE is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Best Quarterly Growth Mid Cap Stocks
Industry Peers & Returns1W1M1Y
BHARAT FORGE 1.3% -0.2% 45.2%
CIE AUTOMOTIVE INDIA NA NA NA
RAMKRISHNA FORGINGS 3.1% -12.5% 151.2%
MM FORGINGS -0.3% -9.6% 3.7%
LGB FORGE 3.6% -21.4% 12.9%
HILTON METAL FORGING -4.9% -24% 7.5%
KALYANI FORGE NA NA NA
SAMRAT FORGINGS NA NA NA
TIRUPATI FORGE 2.2% -16.3% 72.6%

FUNDAMENTAL ANALYSIS OF BHARAT FORGE

 
Fundamentals Score
[ Q(TTM): Dec2023, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]

Insights 💡 BHARATFORG is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF BHARAT FORGE

 
Valuation Score
[As on : Apr 12,2024 ]

Ratio Consolidated
P/E
P/B
P/S
67.98
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 806.53 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

8.18
P/B Calculated based on Book Value of Rs 6,701.79 Cr
[Latest Year - Mar2023 - Consolidated Results ]

3.62
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 15,146.90 Cr
[Latest Qtr - Dec2023 - Consolidated Results ]

Financial Ratios →

Insights 💡 There are potential 14% undervalued companies ! Discover More →

FAIR VALUE OF BHARAT FORGE

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
100%
8%
10%

Insights 💡 You can learn about various Valuation techniques to calculate Intrinsic Value
with our bestselling video course Value Investing - The Ultimate Guide
Take Me There →

SHARE PRICE MOMENTUM OF BHARAT FORGE



BHARAT FORGE vs SENSEX


Insights 💡 You can learn about Basics of Stock Marketing Investing
with our bestselling video course Stock Marketing Investing Simplified
Take Me There →

DEBT OF BHARAT FORGE

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
0.57
0.55
0.61
0.58
1.01
0.86
0.92
0.93
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF BHARAT FORGE

Pledged Promoter Shares
7.12 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF BHARAT FORGE

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
2.44%
12.3%
17.01%
17.9%
15.3%
48.71%
86.39%
132%
QtrlyTrend
8
Latest Qtr: Dec2023
Quarterly Result Analysis →


BHARAT FORGE related INDICES

BSE Indices1W1M1Y
S&P BSE SENSEX NEXT 50 1.5% 4.3% 58.5%
S&P BSE MID CAP 0.7% 2.7% 68%
S&P BSE 400 MIDSMALLCAP 0.6% 3% 61.7%
S&P BSE 150 MIDCAP 0.5% 2.8% 60.3%
S&P BSE MIDSMALLCAP 0.4% 2.7% 66.6%
NSE Indices1W1M1Y
NIFTY AUTO 0.9% 3.4% 75.2%
NIFTY MID SMALL400 0.9% 3.2% 64.4%
NIFTY MIDCAP150 0.8% 3% 61.3%
NIFTY MIDCAP 50 0.8% 0.7% 64.3%
NIFTY FREE MIDCAP 100 0.7% 2.3% 65%

You may also like the below Video Courses


FAQ about BHARAT FORGE


Is BHARAT FORGE good for long term investment?

As on Apr 12,2024, the Fundamentals of BHARAT FORGE look Strong and hence it may be good for long term investment! See Financial Performance of BHARAT FORGE . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is BHARAT FORGE UnderValued or OverValued?

As on Apr 12,2024, BHARAT FORGE is Fairly Valued based on the estimates of intrinsic value and investors may wait for the buying opportunity once it becomes under valued!

What is the Intrinsic Value of BHARAT FORGE ?

As on Apr 12,2024, the Intrinsic Value of BHARAT FORGE is Rs. 1,065.69 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 589.23
Fair Value [Median EV / Sales Model] : Rs. 1,088.65
Fair Value [Median Price / Sales Model] : Rs. 1,065.69
Estimated Median Fair Value of BHARAT FORGE : Rs. 1,065.69

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is BHARAT FORGE trading at a Premium or Discount?

As on Apr 12,2024, BHARAT FORGE is trading at a Premium of 10% based on the estimates of Median Intrinsic Value!