Ratings Bharat Forge Limited NSE India S.E.

Equities

BHARATFORG

INE465A01025

Market Closed - NSE India S.E. Other stock markets 07:40:47 2024-04-29 am EDT			5-day change	1st Jan Change
1,282 ^INR	-2.13%		+6.43%	+3.52%

Mar. 29	Bharat Forge Limited Announces Cessation of G. K. Agarwal as the Director and Deputy Managing Director, Effective March 31, 2024	CI
Mar. 14	Bharat Forge Gets Board Nod to Raise INR5 Billion Through Debenture Issue, Term Loan	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
Over the last twelve months, the sales forecast has been frequently revised upwards.

Weaknesses

With an expected P/E ratio at 55.11 and 37.54 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The company's enterprise value to sales, at 4.24 times its current sales, is high.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
The company is not the most generous with respect to shareholders' compensation.
The three month average target prices set by analysts do not offer high potential in comparison with the current prices.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.

Ratings chart - Surperformance

Sector: Iron & Steel

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
BHARAT FORGE LIMITED	+3.52%	7.32B		-
JSW STEEL LIMITED	+1.77%	25.86B		B
BAOSHAN IRON & STEEL CO., LTD.	+19.56%	21.23B		A
CHINA STEEL CORPORATION	-9.07%	11.73B		A-
JINDAL STEEL & POWER LIMITED	+25.93%	11.2B		B+
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+11.54%	10.91B		C+
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+10.96%	10.15B	-	C
TERNIUM S.A.	+1.70%	8.56B		B
JINDAL STAINLESS LIMITED	+22.33%	6.92B		B-
BLUESCOPE STEEL LIMITED	-2.61%	6.52B		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes