Force Motors Limited Logo

Force Motors Limited

FORCEMOT.NS

(2.0)
Stock Price

6.729,65 INR

0% ROA

20.32% ROE

21.88x PER

Market Cap.

95.245.543.365,00 INR

0% DER

0.28% Yield

5.89% NPM

Force Motors Limited Stock Analysis

Force Motors 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.

Force Motors Limited Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

The stock's ROE falls within an average range (7.47%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (4.37%) 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.

5 PBV

The stock's PBV ratio (2.52x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 DER

The stock has a reasonable amount of debt compared to its ownership (61%), suggesting a balanced financial position and a moderate level of risk.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-116.401), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Force Motors 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.

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

Force Motors 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.

Force Motors Limited Revenue
Year Revenue Growth
2004 8.563.321.091
2005 9.339.350.485 8.31%
2006 9.736.631.959 4.08%
2007 10.091.046.089 3.51%
2008 8.894.217.558 -13.46%
2009 9.555.502.618 6.92%
2010 14.804.529.249 35.46%
2011 20.850.058.119 29%
2012 19.169.026.679 -8.77%
2013 19.959.917.405 3.96%
2014 23.351.266.912 14.52%
2015 30.313.470.416 22.97%
2016 30.379.500.000 0.22%
2017 33.923.700.000 10.45%
2018 36.200.100.000 6.29%
2019 30.530.800.000 -18.57%
2020 19.518.700.000 -56.42%
2021 32.072.600.000 39.14%
2022 50.289.800.000 36.22%
2023 72.067.200.000 30.22%
2023 69.921.300.000 -3.07%
2024 75.396.000.000 7.26%

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.

Force Motors 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 523.249.935 100%
2015 496.056.217 -5.48%
2016 549.400.000 9.71%
2017 417.600.000 -31.56%
2018 637.200.000 34.46%
2019 894.800.000 28.79%
2020 1.120.900.000 20.17%
2021 1.059.400.000 -5.81%
2022 2.087.500.000 49.25%
2023 0 0%
2023 1.708.100.000 100%
2024 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.

Force Motors Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 99.402.044
2005 121.630.162 18.28%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 2.766.576.608 100%
2012 47.467.366 -5728.38%
2013 49.864.729 4.81%
2014 55.692.546 10.46%
2015 64.685.368 13.9%
2016 63.700.000 -1.55%
2017 59.600.000 -6.88%
2018 58.500.000 -1.88%
2019 61.700.000 5.19%
2020 75.300.000 18.06%
2021 87.600.000 14.04%
2022 4.310.500.000 97.97%
2023 0 0%
2023 0 0%
2024 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.

Force Motors Limited EBITDA
Year EBITDA Growth
2004 397.176.304
2005 798.436.550 50.26%
2006 -297.021.580 368.81%
2007 -1.184.505.551 74.92%
2008 1.204.321.657 198.35%
2009 848.803.627 -41.88%
2010 1.269.493.453 33.14%
2011 1.460.991.360 13.11%
2012 973.942.321 -50.01%
2013 1.531.489.861 36.41%
2014 2.124.634.248 27.92%
2015 3.450.831.055 38.43%
2016 3.525.200.000 2.11%
2017 3.336.000.000 -5.67%
2018 3.557.700.000 6.23%
2019 3.026.500.000 -17.55%
2020 479.000.000 -531.84%
2021 1.013.200.000 52.72%
2022 3.732.400.000 72.85%
2023 9.182.800.000 59.35%
2023 9.086.900.000 -1.06%
2024 9.966.400.000 8.82%

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.

Force Motors Limited Gross Profit
Year Gross Profit Growth
2004 2.449.883.584
2005 2.503.710.135 2.15%
2006 2.102.951.744 -19.06%
2007 1.728.775.965 -21.64%
2008 680.824.765 -153.92%
2009 2.226.941.091 69.43%
2010 3.746.364.009 40.56%
2011 6.289.491.004 40.43%
2012 4.343.235.496 -44.81%
2013 5.090.626.127 14.68%
2014 6.200.747.416 17.9%
2015 7.844.117.258 20.95%
2016 7.640.100.000 -2.67%
2017 7.581.000.000 -0.78%
2018 7.615.000.000 0.45%
2019 7.646.000.000 0.41%
2020 4.133.100.000 -84.99%
2021 5.275.800.000 21.66%
2022 11.088.100.000 52.42%
2023 17.996.000.000 38.39%
2023 11.499.400.000 -56.5%
2024 12.609.200.000 8.8%

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.

Force Motors Limited Net Profit
Year Net Profit Growth
2004 28.096.102
2005 302.165.942 90.7%
2006 -612.782.811 149.31%
2007 -1.496.887.662 59.06%
2008 550.878.261 371.73%
2009 604.225.926 8.83%
2010 586.178.955 -3.08%
2011 8.243.318.088 92.89%
2012 144.219.250 -5615.82%
2013 778.474.557 81.47%
2014 1.015.357.576 23.33%
2015 1.795.735.230 43.46%
2016 1.800.900.000 0.29%
2017 1.471.200.000 -22.41%
2018 1.433.300.000 -2.64%
2019 501.700.000 -185.69%
2020 -1.236.300.000 140.58%
2021 -910.800.000 -35.74%
2022 1.336.400.000 168.15%
2023 3.754.800.000 64.41%
2023 3.880.900.000 3.25%
2024 4.628.000.000 16.14%

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.

Force Motors Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 2
2005 23 90.91%
2006 -47 147.83%
2007 -114 59.29%
2008 42 375.61%
2009 46 8.89%
2010 44 -2.27%
2011 626 92.96%
2012 11 -6150%
2013 59 83.05%
2014 77 23.38%
2015 136 42.96%
2016 137 0.74%
2017 112 -22.52%
2018 109 -2.78%
2019 38 -184.21%
2020 -94 140.86%
2021 -69 -34.78%
2022 101 168.32%
2023 285 64.44%
2023 295 3.4%
2024 351 16.24%

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.

Force Motors Limited Free Cashflow
Year Free Cashflow Growth
2004 89.517.510
2005 -1.594.684.493 105.61%
2006 -1.417.596.998 -12.49%
2007 -863.796.629 -64.11%
2008 -3.648.621.340 76.33%
2009 379.591.989 1061.2%
2010 -849.510.820 144.68%
2011 -3.417.629.275 75.14%
2012 -2.526.157.736 -35.29%
2013 -70.148.826 -3501.14%
2014 1.088.952.009 106.44%
2015 256.641.038 -324.31%
2016 -1.748.900.000 114.67%
2017 -676.600.000 -158.48%
2018 -1.840.800.000 63.24%
2019 -492.300.000 -273.92%
2020 -4.459.000.000 88.96%
2021 -3.892.900.000 -14.54%
2022 2.722.200.000 243.01%
2023 0 0%
2023 7.482.900.000 100%
2024 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.

Force Motors Limited Operating Cashflow
Year Operating Cashflow Growth
2004 649.446.137
2005 100.912.193 -543.58%
2006 -232.256.262 143.45%
2007 157.909.359 247.08%
2008 -2.538.040.375 106.22%
2009 586.723.597 532.58%
2010 728.697.713 19.48%
2011 -1.392.161.418 152.34%
2012 859.634.593 261.95%
2013 1.212.122.285 29.08%
2014 2.262.125.545 46.42%
2015 2.634.763.522 14.14%
2016 603.900.000 -336.29%
2017 2.564.800.000 76.45%
2018 3.140.300.000 18.33%
2019 4.091.900.000 23.26%
2020 73.400.000 -5474.8%
2021 179.200.000 59.04%
2022 5.317.400.000 96.63%
2023 0 0%
2023 9.566.700.000 100%
2024 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.

Force Motors Limited Capital Expenditure
Year Capital Expenditure Growth
2004 559.928.627
2005 1.695.596.686 66.98%
2006 1.185.340.736 -43.05%
2007 1.021.705.988 -16.02%
2008 1.110.580.965 8%
2009 207.131.608 -436.17%
2010 1.578.208.533 86.88%
2011 2.025.467.857 22.08%
2012 3.385.792.329 40.18%
2013 1.282.271.111 -164.05%
2014 1.173.173.536 -9.3%
2015 2.378.122.484 50.67%
2016 2.352.800.000 -1.08%
2017 3.241.400.000 27.41%
2018 4.981.100.000 34.93%
2019 4.584.200.000 -8.66%
2020 4.532.400.000 -1.14%
2021 4.072.100.000 -11.3%
2022 2.595.200.000 -56.91%
2023 0 0%
2023 2.083.800.000 100%
2024 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.

Force Motors Limited Equity
Year Equity Growth
2004 1.954.034.529
2005 2.256.443.631 13.4%
2006 1.638.194.916 -37.74%
2007 141.516.539 -1057.6%
2008 3.450.542.704 95.9%
2009 2.833.163.832 -21.79%
2010 3.342.773.881 15.25%
2011 11.432.954.158 70.76%
2012 11.556.826.101 1.07%
2013 12.289.828.184 5.96%
2014 13.201.044.476 6.9%
2015 14.838.972.413 11.04%
2016 16.691.200.000 11.1%
2017 18.027.600.000 7.41%
2018 19.349.300.000 6.83%
2019 19.671.500.000 1.64%
2020 18.397.300.000 -6.93%
2021 17.498.600.000 -5.14%
2022 18.771.200.000 6.78%
2023 20.277.900.000 7.43%
2023 22.573.500.000 10.17%
2024 22.573.500.000 0%

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.

Force Motors Limited Assets
Year Assets Growth
2004 4.589.730.363
2005 7.684.156.023 40.27%
2006 9.701.006.274 20.79%
2007 11.003.925.436 11.84%
2008 12.902.259.454 14.71%
2009 7.877.341.824 -63.79%
2010 10.476.675.849 24.81%
2011 16.643.668.332 37.05%
2012 17.105.796.365 2.7%
2013 17.748.510.377 3.62%
2014 19.749.078.765 10.13%
2015 22.973.158.100 14.03%
2016 27.013.700.000 14.96%
2017 25.229.700.000 -7.07%
2018 28.359.800.000 11.04%
2019 30.979.900.000 8.46%
2020 32.375.000.000 4.31%
2021 36.609.500.000 11.57%
2022 40.134.000.000 8.78%
2023 43.128.600.000 6.94%
2023 44.146.900.000 2.31%
2024 0 0%

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.

Force Motors Limited Liabilities
Year Liabilities Growth
2004 2.635.695.834
2005 5.427.712.392 51.44%
2006 8.062.811.358 32.68%
2007 10.862.408.897 25.77%
2008 9.451.716.750 -14.93%
2009 5.044.177.992 -87.38%
2010 7.133.901.968 29.29%
2011 5.210.714.174 -36.91%
2012 5.548.970.264 6.1%
2013 5.458.682.193 -1.65%
2014 6.548.034.289 16.64%
2015 8.134.185.687 19.5%
2016 10.322.500.000 21.2%
2017 7.202.100.000 -43.33%
2018 9.010.500.000 20.07%
2019 11.308.400.000 20.32%
2020 13.977.700.000 19.1%
2021 19.110.900.000 26.86%
2022 21.362.800.000 10.54%
2023 22.850.700.000 6.51%
2023 21.573.400.000 -5.92%
2024 0 0%

Force Motors Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5608.18
Net Income per Share
330.31
Price to Earning Ratio
21.88x
Price To Sales Ratio
1.29x
POCF Ratio
35.21
PFCF Ratio
35.21
Price to Book Ratio
4.22
EV to Sales
1.35
EV Over EBITDA
10.21
EV to Operating CashFlow
36.87
EV to FreeCashFlow
36.87
Earnings Yield
0.05
FreeCashFlow Yield
0.03
Market Cap
95,25 Bil.
Enterprise Value
99,73 Bil.
Graham Number
3568.27
Graham NetNet
340.58

Income Statement Metrics

Net Income per Share
330.31
Income Quality
0.62
ROE
0.2
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.64
EBT Per Ebit
0.97
Ebit per Revenue
0.1
Effective Tax Rate
0.36

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.21
Operating Profit Margin
0.1
Pretax Profit Margin
0.09
Net Profit Margin
0.06

Dividends

Dividend Yield
0
Dividend Yield %
0.28
Payout Ratio
0
Dividend Per Share
20

Operating Metrics

Operating Cashflow per Share
205.28
Free CashFlow per Share
205.28
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.2
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
340,58
Book Value per Share
0,00
Tangible Book Value per Share
0
Shareholders Equity per Share
1713.19
Interest Debt per Share
40.45
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.46
Current Ratio
0
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
4,49 Bil.
Invested Capital
4487600000
Working Capital
4,49 Bil.
Intangibles to Total Assets
0
Average Receivables
0,52 Bil.
Average Payables
4,27 Bil.
Average Inventory
5815950000
Debt to Market Cap
0

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.

Force Motors Limited Dividends
Year Dividends Growth
2019 10
2020 10 0%
2021 5 -100%
2022 10 50%
2023 10 0%
2024 20 50%

Force Motors Limited Profile

About Force Motors Limited

Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India. It provides light commercial vehicles, including passenger carriers, school buses, ambulances, and goods carriers; multi-utility vehicles; small commercial vehicles; special vehicles; and agricultural tractors. The company sells its products under the Traveller Monobus, Traveller, TRAX, Gurkha, Balwan, and Kargo King brands. It also exports its products to various countries in the Middle East, Asia, Latin America, and Africa. The company was incorporated in 1958 and is based in Pune, India. Force Motors Limited is a subsidiary of Jaya Hind Industries Private Limited.

CEO
Dr. Abhaykumar Navalmal Firodi
Employee
4.473
Address
Mumbai-Pune Road
Pune, 411035

Force Motors Limited Executives & BODs

Force Motors Limited Executives & BODs
# Name Age
1 Mr. Sanjay Kumar Bohra
Group Chief Financial Officer
70
2 Mr. Nikhil Pramod Deshpande
Company Secretary & Compliance Officer
70
3 Dr. Abhaykumar Navalmal Firodia
Chairman
70
4 Mr. Prasan Singh Abhaykumar Firodia
MD & Director
70
5 Mr. Prashant Vijay Inamdar
Executive Director of Operations & Executive Director
70

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