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Fundamentals for CEAT Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
CEAT Limited manufactures and sells automotive tyres, tubes, and flaps in India and internationally. The company provides rubber tires and tubes for scooters, bikes, three wheelers, cars, buses, LCVs, trucks, and tractors. It exports its products. The company was formerly known as CEAT Tyres of India Limited and changed its name to CEAT Limited in 1990. CEAT Limited was founded in 1924 and is headquartered in Mumbai, India. CEAT Limited is a subsidiary of RPG Enterprises Limited.
Revenue projections:
CEATLTD is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 14.009843 |
| debtToEquity | 67.986000 |
| earningsGrowth | 0.607000 |
| revenueGrowth | 0.260000 |
| grossMargins | 0.381300 |
| operatingMargins | 0.090290 |
| trailingEps | 172.950000 |
| forwardEps | 246.255430 |
CEATLTD's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
Positive earnings and revenue growth for CEAT Limited point to expected business expansion. The company is projected to continue growing its operations, as increasing profits and sales highlight a strong trajectory for further growth in the future.
CEATLTD's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that CEATLTD's financial performance will improve in the current financial year.
Price projections:
CEATLTD's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.
Insider Transactions:
8 transactions to buy CEATLTD shares were recorded, with market price at 3626.387481689453.There were no buy transactions recorded during the period under consideration.More sells than buys at CEAT Limited's current price levels suggest potential weakness. If this trend continues, the stock may experience further price declines as selling pressure increases.
Recommendation changes over time:
CEATLTD has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view CEATLTD as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
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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