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ChangeForce 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
Maruti Suzuki, incorporated in 1981, is the country's largest passenger vehicle manufacturer with a domestic market share of close to 40%. The Company offers 14 models with over 200 variants across the Industry segments such as passenger cars, utilit... More
| FORCE MOTORS | MARUTI SUZUKI | FORCE MOTORS/ MARUTI SUZUKI |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 28.7 | 31.7 | 90.6% | View Chart |
| P/BV | x | 3.5 | 8.4 | 41.6% | View Chart |
| Dividend Yield | % | 0.3 | 0.5 | 56.1% |
 FORCE MOTORS  MARUTI SUZUKI |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| FORCE MOTORS Mar-16 |
MARUTI SUZUKI Mar-16 |
FORCE MOTORS/ MARUTI SUZUKI |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 3,785 | 4,789 | 79.0% | |
| Low | Rs | 1,383 | 3,202 | 43.2% | |
| Sales per share (Unadj.) | Rs | 2,321.8 | 1,940.3 | 119.7% | |
| Earnings per share (Unadj.) | Rs | 136.2 | 155.5 | 87.6% | |
| Cash flow per share (Unadj.) | Rs | 206.0 | 250.5 | 82.2% | |
| Dividends per share (Unadj.) | Rs | 10.00 | 35.00 | 28.6% | |
| Dividend yield (eoy) | % | 0.4 | 0.9 | 44.2% | |
| Book value per share (Unadj.) | Rs | 1,124.8 | 918.6 | 122.4% | |
| Shares outstanding (eoy) | m | 13.18 | 302.08 | 4.4% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 1.1 | 2.1 | 54.0% | |
| Avg P/E ratio | x | 19.0 | 25.7 | 73.8% | |
| P/CF ratio (eoy) | x | 12.5 | 16.0 | 78.6% | |
| Price / Book Value ratio | x | 2.3 | 4.3 | 52.8% | |
| Dividend payout | % | 7.3 | 22.5 | 32.6% | |
| Avg Mkt Cap | Rs m | 34,057 | 1,206,961 | 2.8% | |
| No. of employees | `000 | NA | 13.3 | 0.0% | |
| Total wages/salary | Rs m | 3,037 | 20,602 | 14.7% | |
| Avg. sales/employee | Rs Th | NM | 44,205.4 | - | |
| Avg. wages/employee | Rs Th | NM | 1,553.8 | - | |
| Avg. net profit/employee | Rs Th | NM | 3,543.9 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 30,601 | 586,120 | 5.2% | |
| Other income | Rs m | 714 | 4,715 | 15.2% | |
| Total revenues | Rs m | 31,316 | 590,835 | 5.3% | |
| Gross profit | Rs m | 2,744 | 91,188 | 3.0% | |
| Depreciation | Rs m | 919 | 28,670 | 3.2% | |
| Interest | Rs m | 43 | 937 | 4.6% | |
| Profit before tax | Rs m | 2,496 | 66,296 | 3.8% | |
| Minority Interest | Rs m | -1 | -10 | 8.0% | |
| Prior Period Items | Rs m | 0 | 689 | 0.0% | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 700 | 19,987 | 3.5% | |
| Profit after tax | Rs m | 1,796 | 46,988 | 3.8% | |
| Gross profit margin | % | 9.0 | 15.6 | 57.6% | |
| Effective tax rate | % | 28.0 | 30.1 | 93.0% | |
| Net profit margin | % | 5.9 | 8.0 | 73.2% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 12,178 | 74,043 | 16.4% | |
| Current liabilities | Rs m | 7,167 | 114,601 | 6.3% | |
| Net working cap to sales | % | 16.4 | -6.9 | -236.6% | |
| Current ratio | x | 1.7 | 0.6 | 263.0% | |
| Inventory Days | Days | 65 | 20 | 327.7% | |
| Debtors Days | Days | 18 | 9 | 207.6% | |
| Net fixed assets | Rs m | 9,979 | 139,893 | 7.1% | |
| Share capital | Rs m | 132 | 1,510 | 8.7% | |
| "Free" reserves | Rs m | 14,690 | 266,792 | 5.5% | |
| Net worth | Rs m | 14,824 | 277,487 | 5.3% | |
| Long term debt | Rs m | 26 | 1,471 | 1.8% | |
| Total assets | Rs m | 22,973 | 402,699 | 5.7% | |
| Interest coverage | x | 58.8 | 71.8 | 81.9% | |
| Debt to equity ratio | x | 0 | 0 | 33.6% | |
| Sales to assets ratio | x | 1.3 | 1.5 | 91.5% | |
| Return on assets | % | 8.0 | 11.9 | 67.3% | |
| Return on equity | % | 12.1 | 16.9 | 71.5% | |
| Return on capital | % | 17.1 | 24.3 | 70.2% | |
| Exports to sales | % | 1.6 | 8.1 | 20.2% | |
| Imports to sales | % | 32.7 | 7.3 | 449.8% | |
| Exports (fob) | Rs m | 499 | 47,353 | 1.1% | |
| Imports (cif) | Rs m | 10,014 | 42,644 | 23.5% | |
| Fx inflow | Rs m | 499 | 47,923 | 1.0% | |
| Fx outflow | Rs m | 10,069 | 84,815 | 11.9% | |
| Net fx | Rs m | -9,570 | -36,892 | 25.9% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 2,635 | 85,844 | 3.1% | |
| From Investments | Rs m | -2,100 | -73,188 | 2.9% | |
| From Financial Activity | Rs m | -392 | -12,388 | 3.2% | |
| Net Cashflow | Rs m | 143 | 268 | 53.4% | |
| Indian Promoters | % | 59.4 | 0.0 | - | |
| Foreign collaborators | % | 0.0 | 56.2 | - | |
| Indian inst/Mut Fund | % | 0.7 | 14.0 | 5.0% | |
| FIIs | % | 5.8 | 22.0 | 26.4% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 34.1 | 7.8 | 437.2% | |
| Shareholders | 18,200 | 100,212 | 18.2% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare FORCE MOTORS With: EICHER MOTOR ATLAS CYCLE (HAR) M&M HMT LTD. SML ISUZU
Compare FORCE MOTORS With: HYUNDAI (S. Korea) SAIC MOTOR (China) DONGFENG MOTOR (China) FORD (US)
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