Ceat Ltd CEATLTD

Morningstar Rating
₹3,250.25 +79.50 (2.51%)
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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

CEATLTD is trading at a 50% premium.
Price
₹3,179.46
Fair Value
₹4,542.73
Uncertainty
High
1-Star Price
₹7,326.24
5-Star Price
₹4,773.63
Economic Moat
Zzxxnh
Capital Allocation

Trading Information

Previous Close Price
₹3,170.75
Day Range
₹3,126.803,263.00
52-Week Range
₹2,056.353,263.00
Bid/Ask
₹3,250.25 / ₹3,250.25
Market Cap
₹131.47 Bil
Volume/Avg
387,489 / 327,139

Key Statistics

Price/Earnings (Normalized)
19.05
Price/Sales
1.09
Dividend Yield (Trailing)
0.95%
Dividend Yield (Forward)
0.95%
Total Yield
0.95%

Company Profile

Ceat Ltd is a tyre manufacturer that operates within the RPG Group. It is engaged in the manufacturing and selling of automotive tyres, tubes, and flaps and has a diverse product portfolio encompassing truck tyres, tyres for off-the-road (OTR) vehicles, and light commercial vehicle categories. Tyres are built to meet a range of specifications, such as ride comfort and low noise for European regulation requirements, in addition to builds that permit higher life targets for more industrial use. Geographically, the company generates a majority of its revenue within India and also caters to international markets.
Sector
Consumer Cyclical
Industry
Auto Parts
Stock Style Box
Mid Core
Total Number of Employees
11,324

Comparables

Valuation

Metric
CEATLTD
500168
530007
Price/Earnings (Normalized)
19.0533.1013.16
Price/Book Value
3.174.602.62
Price/Sales
1.091.070.78
Price/Cash Flow
10.8219.938.26
Price/Earnings
CEATLTD
500168
530007

Financial Strength

Metric
CEATLTD
500168
530007
Quick Ratio
0.320.700.64
Current Ratio
0.631.271.15
Interest Coverage
4.2125.083.83
Quick Ratio
CEATLTD
500168
530007

Profitability

Metric
CEATLTD
500168
530007
Return on Assets (Normalized)
6.84%
Return on Equity (Normalized)
17.92%
Return on Invested Capital (Normalized)
14.88%
Return on Assets
CEATLTD
500168
530007

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