More about Apollo Tyres Limited
Fundamentals for Apollo Tyres Limited
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Fundamentals for Apollo Tyres Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It offers commercial, passenger vehicles, two-wheelers, farm, industrial, trucks and buses, off highway, light trucks, agricultural, and bicycle tyres. The company provides its products under the Apollo Tyres and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.
Revenue projections:
Apollo Tyres Limited is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 13.073124 |
| debtToEquity | 29.090000 |
| earningsGrowth | 0.399000 |
| revenueGrowth | 0.118000 |
| grossMargins | 0.427620 |
| operatingMargins | 0.103400 |
| trailingEps | 14.580000 |
| forwardEps | 31.285560 |
Apollo Tyres Limited's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
APOLLOTYRE's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making APOLLOTYRE a financially resilient company with lower exposure to debt-related pressures.
APOLLOTYRE's positive earnings and revenue growth point to business expansion on the horizon. The company is positioned for continued success, with increasing profits and revenue growth highlighting a strong path forward for future growth.
APOLLOTYRE's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that APOLLOTYRE is projected to improve its financial performance compared to the previous year.
Price projections:
APOLLOTYRE's price projections have gradually declined, indicating growing uncertainty about the company's ability to meet previous targets. The downward trend reflects a more conservative view of APOLLOTYRE's future.
Recommendation changes over time:
Analysts' recent buy bias toward Apollo Tyres Limited suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see Apollo Tyres Limited as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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