CEAT Limited Logo

CEAT Limited

CEATLTD.NS

(3.2)
Stock Price

2.815,65 INR

5.39% ROA

37.17% ROE

19.31x PER

Market Cap.

100.751.066.649,00 INR

55.05% DER

0.48% Yield

5.65% NPM

CEAT Limited Stock Analysis

CEAT Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

CEAT Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (23.55%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

5 ROA

The stock's ROA (4.27%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 PBV

The stock's PBV ratio (2.28x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

7 DER

The stock has a reasonable amount of debt compared to its ownership (55%), suggesting a balanced financial position and a moderate level of risk.

8 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

9 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (129.227) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

CEAT Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

CEAT Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

CEAT Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

CEAT Limited Revenue
Year Revenue Growth
2004 15.279.912.000
2005 17.474.263.000 12.56%
2006 21.347.781.000 18.14%
2007 23.299.667.000 8.38%
2008 25.136.925.000 7.31%
2009 28.074.760.000 10.46%
2010 36.023.913.000 22.07%
2011 46.489.971.000 22.51%
2012 50.134.477.000 7.27%
2013 55.180.117.000 9.14%
2014 57.658.648.000 4.3%
2015 56.862.306.000 -1.4%
2016 57.352.879.000 0.86%
2017 61.944.900.000 7.41%
2018 69.192.400.000 10.47%
2019 66.830.300.000 -3.53%
2020 75.359.300.000 11.32%
2021 91.434.500.000 17.58%
2022 113.148.800.000 19.19%
2023 122.132.800.000 7.36%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

CEAT Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 725.600.000 100%
2019 798.200.000 9.1%
2020 891.400.000 10.46%
2021 1.108.200.000 19.56%
2022 1.257.800.000 11.89%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

CEAT Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 954.806.000 100%
2012 350.443.000 -172.46%
2013 280.669.000 -24.86%
2014 362.376.000 22.55%
2015 458.732.000 21%
2016 433.934.000 -5.71%
2017 485.800.000 10.68%
2018 504.700.000 3.74%
2019 883.900.000 42.9%
2020 800.100.000 -10.47%
2021 1.019.600.000 21.53%
2022 1.123.400.000 9.24%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

CEAT Limited EBITDA
Year EBITDA Growth
2004 143.304.000
2005 276.646.000 48.2%
2006 919.794.000 69.92%
2007 704.106.000 -30.63%
2008 -26.520.000 2755%
2009 2.705.844.000 100.98%
2010 1.536.309.000 -76.13%
2011 2.974.705.000 48.35%
2012 4.257.914.000 30.14%
2013 6.433.198.000 33.81%
2014 6.838.796.000 5.93%
2015 8.474.455.000 19.3%
2016 6.772.979.000 -25.12%
2017 6.658.800.000 -1.71%
2018 6.765.300.000 1.57%
2019 7.554.200.000 10.44%
2020 10.540.700.000 28.33%
2021 7.504.000.000 -40.47%
2022 9.989.700.000 24.88%
2023 18.663.600.000 46.47%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

CEAT Limited Gross Profit
Year Gross Profit Growth
2004 15.237.762.000
2005 17.704.543.000 13.93%
2006 21.371.401.000 17.16%
2007 23.299.667.000 8.28%
2008 25.018.942.000 6.87%
2009 27.849.185.000 10.16%
2010 9.273.403.000 -200.31%
2011 8.782.089.000 -5.59%
2012 14.967.030.000 41.32%
2013 19.112.647.000 21.69%
2014 21.878.347.000 12.64%
2015 24.722.743.000 11.51%
2016 22.881.789.000 -8.05%
2017 23.369.700.000 2.09%
2018 26.795.700.000 12.79%
2019 27.062.800.000 0.99%
2020 31.919.600.000 15.22%
2021 30.207.500.000 -5.67%
2022 39.294.900.000 23.13%
2023 52.942.800.000 25.78%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

CEAT Limited Net Profit
Year Net Profit Growth
2004 -18.742.000
2005 5.176.000 462.09%
2006 392.485.000 98.68%
2007 1.486.044.000 73.59%
2008 -161.116.000 1022.34%
2009 1.610.415.000 110%
2010 274.435.000 -486.81%
2011 181.848.000 -50.91%
2012 1.201.899.000 84.87%
2013 2.712.350.000 55.69%
2014 3.171.798.000 14.49%
2015 4.464.880.000 28.96%
2016 3.611.546.000 -23.63%
2017 2.379.800.000 -51.76%
2018 2.522.200.000 5.65%
2019 2.312.500.000 -9.07%
2020 4.320.400.000 46.47%
2021 712.000.000 -506.8%
2022 1.861.700.000 61.76%
2023 8.320.000.000 77.62%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

CEAT Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 0 0%
2006 9 100%
2007 40 80%
2008 -5 1100%
2009 47 108.51%
2010 8 -571.43%
2011 5 -40%
2012 35 85.71%
2013 77 53.95%
2014 85 9.52%
2015 108 22.22%
2016 89 -21.35%
2017 59 -53.45%
2018 62 6.45%
2019 57 -8.77%
2020 107 46.23%
2021 18 -523.53%
2022 46 63.04%
2023 206 77.56%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

CEAT Limited Free Cashflow
Year Free Cashflow Growth
2004 704.568.000
2005 432.564.000 -62.88%
2006 850.920.000 49.17%
2007 -320.653.000 365.37%
2008 903.426.000 135.49%
2009 -38.365.000 2454.82%
2010 -3.570.688.000 98.93%
2011 -610.308.000 -485.06%
2012 5.012.447.000 112.18%
2013 487.391.000 -928.42%
2014 4.458.896.000 89.07%
2015 -193.891.000 2399.69%
2016 -2.530.407.000 92.34%
2017 1.885.400.000 234.21%
2018 -5.546.500.000 133.99%
2019 -1.620.100.000 -242.36%
2020 7.181.800.000 122.56%
2021 -3.397.800.000 311.37%
2022 3.263.600.000 204.11%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

CEAT Limited Operating Cashflow
Year Operating Cashflow Growth
2004 847.720.000
2005 553.909.000 -53.04%
2006 1.049.004.000 47.2%
2007 204.653.000 -412.58%
2008 1.312.147.000 84.4%
2009 2.320.228.000 43.45%
2010 1.436.921.000 -61.47%
2011 834.037.000 -72.29%
2012 5.860.182.000 85.77%
2013 1.965.808.000 -198.11%
2014 7.486.844.000 73.74%
2015 6.862.080.000 -9.1%
2016 3.346.664.000 -105.04%
2017 6.757.200.000 50.47%
2018 5.526.700.000 -22.26%
2019 9.563.300.000 42.21%
2020 13.576.600.000 29.56%
2021 6.188.900.000 -119.37%
2022 12.054.900.000 48.66%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

CEAT Limited Capital Expenditure
Year Capital Expenditure Growth
2004 143.152.000
2005 121.345.000 -17.97%
2006 198.084.000 38.74%
2007 525.306.000 62.29%
2008 408.721.000 -28.52%
2009 2.358.593.000 82.67%
2010 5.007.609.000 52.9%
2011 1.444.345.000 -246.7%
2012 847.735.000 -70.38%
2013 1.478.417.000 42.66%
2014 3.027.948.000 51.17%
2015 7.055.971.000 57.09%
2016 5.877.071.000 -20.06%
2017 4.871.800.000 -20.63%
2018 11.073.200.000 56%
2019 11.183.400.000 0.99%
2020 6.394.800.000 -74.88%
2021 9.586.700.000 33.3%
2022 8.791.300.000 -9.05%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

CEAT Limited Equity
Year Equity Growth
2004 6.301.378.000
2005 3.490.043.000 -80.55%
2006 3.786.379.000 7.83%
2007 5.132.573.000 26.23%
2008 4.883.815.000 -5.09%
2009 6.287.145.000 22.32%
2010 6.537.284.000 3.83%
2011 6.777.641.000 3.55%
2012 7.854.659.000 13.71%
2013 10.286.106.000 23.64%
2014 16.822.553.000 38.86%
2015 20.645.285.000 18.52%
2016 24.149.543.000 14.51%
2017 26.060.900.000 7.33%
2018 27.899.000.000 6.59%
2019 29.315.700.000 4.83%
2020 33.395.300.000 12.22%
2021 32.963.500.000 -1.31%
2022 34.570.300.000 4.65%
2023 37.618.600.000 8.1%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

CEAT Limited Assets
Year Assets Growth
2004 16.965.467.000
2005 13.931.287.000 -21.78%
2006 14.189.532.000 1.82%
2007 15.716.812.000 9.72%
2008 16.566.836.000 5.13%
2009 20.937.570.000 20.88%
2010 28.683.501.000 27%
2011 30.621.695.000 6.33%
2012 31.469.987.000 2.7%
2013 35.461.694.000 11.26%
2014 38.224.331.000 7.23%
2015 41.381.293.000 7.63%
2016 49.853.688.000 16.99%
2017 51.609.900.000 3.4%
2018 64.049.300.000 19.42%
2019 73.529.300.000 12.89%
2020 81.315.800.000 9.58%
2021 91.603.400.000 11.23%
2022 96.278.300.000 4.86%
2023 98.146.700.000 1.9%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

CEAT Limited Liabilities
Year Liabilities Growth
2004 10.664.089.000
2005 10.441.244.000 -2.13%
2006 10.403.153.000 -0.37%
2007 10.584.239.000 1.71%
2008 11.683.021.000 9.4%
2009 14.650.425.000 20.25%
2010 22.146.217.000 33.85%
2011 23.844.054.000 7.12%
2012 23.615.328.000 -0.97%
2013 24.812.648.000 4.83%
2014 21.075.038.000 -17.73%
2015 20.413.552.000 -3.24%
2016 25.412.692.000 19.67%
2017 25.315.300.000 -0.38%
2018 36.150.300.000 29.97%
2019 44.213.600.000 18.24%
2020 47.920.500.000 7.74%
2021 58.639.900.000 18.28%
2022 61.708.000.000 4.97%
2023 60.528.100.000 -1.95%

CEAT Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2865.31
Net Income per Share
128.97
Price to Earning Ratio
19.31x
Price To Sales Ratio
0.87x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
2.69
EV to Sales
1.04
EV Over EBITDA
8.21
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.05
FreeCashFlow Yield
0
Market Cap
100,75 Bil.
Enterprise Value
121,05 Bil.
Graham Number
1639.24
Graham NetNet
-1070.2

Income Statement Metrics

Net Income per Share
128.97
Income Quality
0
ROE
0.29
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.76
EBT Per Ebit
0.76
Ebit per Revenue
0.1
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.41
Operating Profit Margin
0.1
Pretax Profit Margin
0.07
Net Profit Margin
0.06

Dividends

Dividend Yield
0
Dividend Yield %
0.48
Payout Ratio
0
Dividend Per Share
12

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.12
Return on Tangible Assets
0.05
Days Sales Outstanding
41.83
Days Payables Outstanding
123.73
Days of Inventory on Hand
61.91
Receivables Turnover
8.73
Payables Turnover
2.95
Inventory Turnover
5.9
Capex per Share
0

Balance Sheet

Cash per Share
33,82
Book Value per Share
926,00
Tangible Book Value per Share
898.27
Shareholders Equity per Share
926
Interest Debt per Share
577.48
Debt to Equity
0.55
Debt to Assets
0.21
Net Debt to EBITDA
1.38
Current Ratio
0.65
Tangible Asset Value
36,34 Bil.
Net Current Asset Value
-32,86 Bil.
Invested Capital
0.55
Working Capital
-15,04 Bil.
Intangibles to Total Assets
0.01
Average Receivables
6,64 Bil.
Average Payables
11,81 Bil.
Average Inventory
5907750000
Debt to Market Cap
0.2

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

CEAT Limited Dividends
Year Dividends Growth
2008 4
2010 4 0%
2011 2 -100%
2012 1 -100%
2013 4 75%
2014 10 60%
2015 10 0%
2016 12 9.09%
2017 12 0%
2018 12 0%
2019 12 8.33%
2020 12 0%
2021 18 33.33%
2022 3 -500%
2023 12 75%

CEAT Limited Profile

About CEAT Limited

CEAT Limited manufactures and sells automotive tires, tubes, and flaps in India and internationally. The company offers rubber tires and tubes for scooters, bikes, three wheelers, cars, buses, LCVs, trucks, and tractors. CEAT Limited also exports its products to approximately 110 countries. The company was formerly known as CEAT Tyres of India Limited and changed its name to CEAT Limited in 1990. CEAT Limited was incorporated in 1958 and is headquartered in Mumbai, India.

CEO
Mr. Arnab Banerjee
Employee
8.207
Address
RPG House
Mumbai, 400030

CEAT Limited Executives & BODs

CEAT Limited Executives & BODs
# Name Age
1 Mr. S . N . Tripathi
Deputy General Manager of Accounts & Risk Management
70
2 Mr. Kumar Subbiah
Executive Director of Finance & Chief Financial Officer
70
3 Mr. Lakshmi Narayanan B
Chief Marketing Officer
70
4 Mr. Jayasankar Kuruppal
Senior Vice President of Manufacturing
70
5 Ms. Vallari Kedar Gupte
Compliance Officer & Company Secretary
70
6 Mr. Saurav Mukherjee
Senior Vice President of Global Sales
70
7 Mr. Amit Tolani
Chief Executive - CEAT Specialty
70
8 Mr. Renji Issac
Senior Vice President - R&D and Technology
70
9 Mr. Somraj Roy
Chief Human Resources Officer & Senior Vice President of Human Resources
70
10 Mr. Arnab Banerjee
Chief Executive Officer, MD & Director
70

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