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Fundamentals for CIE Automotive India Limited
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Fundamentals for CIE Automotive India Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
CIE Automotive India Limited produces and sells automotive components to original equipment manufacturers and other customers in India, Europe, and internationally. It offers forgings, such as crankshafts, CV joints, knuckles, diff crowns, and spindles; gears, including gears and shafts, e-drive components, flanges/end yokes, and clutch hubs; composites comprising front lid, wind shield-electric-3WH, electric box top tray, crash-shields fuel tanks, and front bumper; and crankcase, pump housing, turbo cover, and brake panel aluminum products. The company also provides iron castings, such as differential, turbine, and axle housings, as well as gear carriers; hard and soft magnets; and stampings, including chassis and structural parts, BIW panels and assemblies, cross car beam, safety assemblies, and fuel tanks. In addition, it offers stub axle as forged and machined, steering shaft, wheel hubs, steering yokes, constant velocity joints, steel metal stamping, components and assemblies; turbo chargers housing; axle and transmission parts; and engine gear, timing gear, and drive shafts. The company provides its products for use in cars, utility vehicles, light commercial vehicles, tractors, medium and heavy commercial vehicles, off road vehicles, and two-wheelers. The company was formerly known as Mahindra CIE Automotive Limited and changed its name to CIE Automotive India Limited in June 2023. The company was incorporated in 1999 and is based in Pune, India. CIE Automotive India Limited is a subsidiary of Participaciones Internacionales Autometal, Dos S.L.
Revenue projections:
CIEINDIA's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 16.515678 |
| debtToEquity | 5.710000 |
| earningsGrowth | 0.208000 |
| revenueGrowth | 0.149000 |
| grossMargins | 0.534040 |
| operatingMargins | 0.117770 |
| trailingEps | 22.790000 |
| forwardEps | 28.700000 |
CIE Automotive India Limited's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
With positive growth in both earnings and revenue, CIEINDIA is expected to grow its business. These indicators highlight a strong financial outlook, with the company on track for continued expansion and increasing profitability.
CIE Automotive India Limited's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for CIE Automotive India Limited's financial performance.
Price projections:
Price projections for CIEINDIA have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for CIEINDIA's growth and market performance.
Insider Transactions:
There were 2 CIE Automotive India Limited stock sales, with market price at 494.5500030517578.There were no sell transactions during the given timeframe.The recent trend of increased buying at CIE Automotive India Limited's current price levels may indicate a favorable market sentiment. This could point to a positive outlook for the stock, as investors show growing confidence through higher buy activity.
Recommendation changes over time:
Analysts' buy bias for CIEINDIA signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to CIEINDIA, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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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