Happy Forgings Ltd HAPPYFORGE

Morningstar Rating
₹1,189.80 −14.65 (1.22%)
View Full Chart

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

HAPPYFORGE is trading at a 879% premium.
Price
₹1,205.38
Fair Value
₹921.43
Uncertainty
Very High
1-Star Price
₹9,158.23
5-Star Price
₹915.16
Economic Moat
Bfgrryv
Capital Allocation

Trading Information

Previous Close Price
₹1,204.45
Day Range
₹1,185.001,200.55
52-Week Range
₹813.201,299.95
Bid/Ask
₹1,188.00 / ₹1,189.35
Market Cap
₹112.08 Bil
Volume/Avg
3,499 / 42,898

Key Statistics

Price/Earnings (Normalized)
45.01
Price/Sales
9.14
Dividend Yield (Trailing)
0.33%
Dividend Yield (Forward)
0.33%
Total Yield
0.33%

Company Profile

Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.
Sector
Industrials
Industry
Metal Fabrication
Stock Style Box
Mid Growth
Total Number of Employees
3,174

Comparables

Valuation

Metric
HAPPYFORGE
GNA
532527
Price/Earnings (Normalized)
45.0120.4053.60
Price/Book Value
7.062.416.82
Price/Sales
9.141.274.76
Price/Cash Flow
36.5812.8633.37
Price/Earnings
HAPPYFORGE
GNA
532527

Financial Strength

Metric
HAPPYFORGE
GNA
532527
Quick Ratio
2.021.561.41
Current Ratio
3.072.161.53
Interest Coverage
34.9312.225.50
Quick Ratio
HAPPYFORGE
GNA
532527

Profitability

Metric
HAPPYFORGE
GNA
532527
Return on Assets (Normalized)
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
Return on Assets
HAPPYFORGE
GNA
532527

Metal Fabrication Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ATI Inc
ATI
QhpgwdpyYtmgrkr$8.1 Bil
Mueller Industries Inc
MLI
Czthh$8.1 Bil
Carpenter Technology Corp
CRS
DfbpjywmwYsrvkb$7.8 Bil
ESAB Corp
ESAB
RmzwlmsNkkqp$6.5 Bil
Aurubis AG ADR
AIAGY
Flh$3.2 Bil
Aurubis AG
AIAGF
Fnqk$3.2 Bil
thyssenkrupp AG
TYEKF
Pfms$2.3 Bil
thyssenkrupp AG ADR
TKAMY
Wrzq$2.3 Bil
NV Bekaert SA
BEKSF
Bqth$2.1 Bil
NV Bekaert SA ADR
BEKAY
Kcb$2.1 Bil

Sponsor Center