X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Compare Force Motors with Eicher Motor - Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

FORCE MOTORS vs EICHER MOTOR - Comparison Results

FORCE MOTORS    Change

Force Motors Ltd. (erstwhile Bajaj Tempo), promoted by the Firodia Group manufactures 3-wheelers (passenger and goods versions), Utlity Vehicles (UV), Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV). The company is also engaged i... More

EICHER MOTOR 
   Change

Founded in 1982, Eicher Motors is one of the leading manufacturers of commercial vehicles in India with a market leading position in the 7 to 11 tonnes segments. The technical assistance agreement with Mitsubishi, which was started in 1986 ended in M... More

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    FORCE MOTORS EICHER MOTOR FORCE MOTORS/
EICHER MOTOR
 
P/E (TTM) x 15.8 33.9 46.6% View Chart
P/BV x 1.4 10.0 13.9% View Chart
Dividend Yield % 0.5 0.4 123.8%  

Financials

 FORCE MOTORS   EICHER MOTOR
EQUITY SHARE DATA
    FORCE MOTORS
Mar-18
EICHER MOTOR
Mar-18
FORCE MOTORS/
EICHER MOTOR
5-Yr Chart
Click to enlarge
High Rs4,81033,484 14.4%   
Low Rs2,72525,317 10.8%   
Sales per share (Unadj.) Rs2,602.83,272.5 79.5%  
Earnings per share (Unadj.) Rs111.7799.6 14.0%  
Cash flow per share (Unadj.) Rs209.8881.5 23.8%  
Dividends per share (Unadj.) Rs10.00110.00 9.1%  
Dividend yield (eoy) %0.30.4 70.9%  
Book value per share (Unadj.) Rs1,366.62,578.9 53.0%  
Shares outstanding (eoy) m13.1827.26 48.3%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x1.49.0 16.1%   
Avg P/E ratio x33.736.8 91.7%  
P/CF ratio (eoy) x18.033.4 53.9%  
Price / Book Value ratio x2.811.4 24.2%  
Dividend payout %9.013.8 65.1%   
Avg Mkt Cap Rs m49,656801,449 6.2%   
No. of employees `0007.43.1 240.6%   
Total wages/salary Rs m3,8665,737 67.4%   
Avg. sales/employee Rs Th4,621.528,916.9 16.0%   
Avg. wages/employee Rs Th520.71,859.6 28.0%   
Avg. net profit/employee Rs Th198.37,065.5 2.8%   
INCOME DATA
Net Sales Rs m34,30589,209 38.5%  
Other income Rs m6112,801 21.8%   
Total revenues Rs m34,91792,010 37.9%   
Gross profit Rs m2,75428,076 9.8%  
Depreciation Rs m1,2932,233 57.9%   
Interest Rs m6753 124.9%   
Profit before tax Rs m2,00628,591 7.0%   
Minority Interest Rs m02,566 0.0%   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m5349,359 5.7%   
Profit after tax Rs m1,47221,797 6.8%  
Gross profit margin %8.031.5 25.5%  
Effective tax rate %26.632.7 81.3%   
Net profit margin %4.324.4 17.6%  
BALANCE SHEET DATA
Current assets Rs m11,26625,350 44.4%   
Current liabilities Rs m6,83022,652 30.1%   
Net working cap to sales %12.93.0 427.6%  
Current ratio x1.61.1 147.4%  
Inventory Days Days5116 314.4%  
Debtors Days Days263 925.1%  
Net fixed assets Rs m10,48316,436 63.8%   
Share capital Rs m132273 48.3%   
"Free" reserves Rs m17,88070,028 25.5%   
Net worth Rs m18,01170,301 25.6%   
Long term debt Rs m00-   
Total assets Rs m25,23095,222 26.5%  
Interest coverage x31.1536.4 5.8%   
Debt to equity ratio x00-  
Sales to assets ratio x1.40.9 145.1%   
Return on assets %6.122.9 26.6%  
Return on equity %8.231.0 26.4%  
Return on capital %11.544.4 25.9%  
Exports to sales %02.4 0.0%   
Imports to sales %00-   
Exports (fob) Rs mNA2,135 0.0%   
Imports (cif) Rs mNANA-   
Fx inflow Rs m3682,135 17.2%   
Fx outflow Rs m11,7123,691 317.3%   
Net fx Rs m-11,344-1,556 729.1%   
CASH FLOW
From Operations Rs m2,56524,823 10.3%  
From Investments Rs m-806-21,450 3.8%  
From Financial Activity Rs m-2,229-2,620 85.1%  
Net Cashflow Rs m-470752 -62.5%  

Share Holding

Indian Promoters % 59.4 55.1 107.8%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.7 5.1 13.7%  
FIIs % 5.8 20.0 29.0%  
ADR/GDR % 0.0 0.0 -  
Free float % 34.1 19.8 172.2%  
Shareholders   18,200 26,054 69.9%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare FORCE MOTORS With:   SML ISUZU  TI FINANCIAL HOLDINGS   HINDUSTAN MOTORS  HMT LTD.  ATLAS CYCLE (HAR)  

Compare FORCE MOTORS With:   SAIC MOTOR (China)  HYUNDAI (S. Korea)  DONGFENG MOTOR (China)  FORD (US)  



Today's Market

Indian Indices Open Flat; Pharma Stocks Gain(09:30 am)

Asian share markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.5% while the Hang Seng is up 1%.

Related Views on News

EICHER MOTOR 2017-18 Annual Report Analysis (Annual Result Update)

Aug 14, 2018 | Updated on Aug 14, 2018

Here's an analysis of the annual report of EICHER MOTOR for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of EICHER MOTOR. Also includes updates on the valuation of EICHER MOTOR.

EICHER MOTOR Announces Quarterly Results (1QFY19); Net Profit Up 17.8% (Quarterly Result Update)

Aug 10, 2018 | Updated on Aug 10, 2018

For the quarter ended June 2018, EICHER MOTOR has posted a net profit of Rs 5 bn (up 17.8% YoY). Sales on the other hand came in at Rs 25 bn (up 13.0% YoY). Read on for a complete analysis of EICHER MOTOR's quarterly results.

Hero Motocorp Ltd: Strong Festive Demand Drives Growth! (Quarterly Results Update - Detailed)

Nov 14, 2017

New Products and rural pickup to help market share gains.

Mahindra & Mahindra Ltd: All-round Show (Quarterly Results Update - Detailed)

Nov 14, 2017

Robust Performance, expects strong uptick in the farm equipment business.

Bajaj Auto Limited: Showing Healthy Signs of Recovery! (Quarterly Results Update - Detailed)

Nov 10, 2017

Exports markets recovering and new Permits for three-wheeler business in India will lead the growth!

More Views on News

Most Popular

My First Pharma Stock Recommendation!(The 5 Minute Wrapup)

Sep 21, 2018

This company has not only created a niche in the pharma space, it has done so profitably.

Oh Yes! This is the Best Trading Opportunity in Two Decades(Profit Hunter)

Sep 21, 2018

Getting ready to buy stocks once this correction is over? This private sector bank should be on a profit hunter's radar.

Outperformance of Strong Established Brands in the Indian Stock market(Chart Of The Day)

Sep 14, 2018

Strong Well established Indian Brands have comfortably outperformed the index in the decade post the global financial crisis.

How IL&FS Rating Downgrade Will Impact Your Mutual Funds...(Outside View)

Sep 17, 2018

PersonalFN explains the impact of IL&FS rating downgrade on mutual funds.

How To Identify Sachin Tendulkars And Rahul Dravids Of Tomorrow For Your Mutual Fund Portfolio(Outside View)

Sep 19, 2018

PersonalFN explains how to pick 'undiscovered' or lesser-known mutual funds that are capable of generating big gains for you.

More

Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

FORCE MOTORS SHARE PRICE


Sep 26, 2018 10:47 AM

TRACK FORCE MOTORS

  • Track your investment in FORCE MOTORS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

FORCE MOTORS 8-QTR ANALYSIS

COMPARE FORCE MOTORS WITH

MARKET STATS