Balkrishna Industries Ltd BALKRISIND

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

BALKRISIND is trading at a 145% premium.
Price
₹3,005.59
Fair Value
₹1,641.32
Uncertainty
High
1-Star Price
₹7,771.19
5-Star Price
₹5,339.75
Economic Moat
Lbnbw
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
40.16
Price/Sales
5.91
Dividend Yield (Trailing)
0.53%
Dividend Yield (Forward)
0.53%
Total Yield
0.53%

Company Profile

Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly-owned subsidiaries in Europe and North America.
Sector
Consumer Cyclical
Industry
Auto Parts
Stock Style Box
Large Growth
Total Number of Employees
3,590

Comparables

Valuation

Metric
BALKRISIND
500877
002984
Price/Earnings (Normalized)
40.1621.3011.12
Price/Book Value
6.582.562.04
Price/Sales
5.911.423.26
Price/Cash Flow
31.899.1510.67
Price/Earnings
BALKRISIND
500877
002984

Financial Strength

Metric
BALKRISIND
500877
002984
Quick Ratio
0.830.603.01
Current Ratio
1.271.285.29
Interest Coverage
21.846.0421.71
Quick Ratio
BALKRISIND
500877
002984

Profitability

Metric
BALKRISIND
500877
002984
Return on Assets (Normalized)
12.25%
Return on Equity (Normalized)
16.41%
Return on Invested Capital (Normalized)
13.56%
Return on Assets
BALKRISIND
500877
002984

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