Goodyear India Limited Logo

Goodyear India Limited

GOODYEAR.NS

(2.5)
Stock Price

1.273,00 INR

8.04% ROA

15.6% ROE

30.96x PER

Market Cap.

29.363.654.500,00 INR

1.18% DER

3.22% Yield

3.72% NPM

Goodyear India Limited Stock Analysis

Goodyear India 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.

Goodyear India Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (44.03%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (1%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

6 Dividend

The company's consistent dividend payments over the past three years indicate a strong commitment to delivering returns to investors.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (30.556), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (4.72x) suggests it's overvalued, potentially making it an expensive investment.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

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

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

Goodyear India 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.

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

Goodyear India 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.

Goodyear India Limited Revenue
Year Revenue Growth
2007 8.904.320.000
2008 9.190.985.000 3.12%
2009 10.151.036.000 9.46%
2010 12.972.278.000 21.75%
2011 15.134.315.000 14.29%
2012 15.030.800.000 -0.69%
2013 15.687.200.000 4.18%
2014 15.791.500.000 0.66%
2015 14.524.400.000 -8.72%
2016 15.118.400.000 3.93%
2017 16.646.900.000 9.18%
2018 19.064.900.000 12.68%
2019 17.411.000.000 -9.5%
2020 17.872.900.000 2.58%
2021 24.294.200.000 26.43%
2022 29.275.100.000 17.01%
2023 22.021.200.000 -32.94%

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.

Goodyear India Limited Research and Development Expenses
Year Research and Development Expenses Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 2.080.000 100%
2016 1.800.000 -15.56%
2017 1.500.000 -20%
2018 2.700.000 44.44%
2019 2.300.000 -17.39%
2020 3.400.000 32.35%
2021 2.600.000 -30.77%
2022 800.000 -225%
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.

Goodyear India Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1.072.700.000 100%
2015 1.809.900.000 40.73%
2016 99.200.000 -1724.5%
2017 85.100.000 -16.57%
2018 89.900.000 5.34%
2019 100.900.000 10.9%
2020 94.500.000 -6.77%
2021 90.000.000 -5%
2022 99.700.000 9.73%
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.

Goodyear India Limited EBITDA
Year EBITDA Growth
2007 806.957.000
2008 659.691.000 -22.32%
2009 1.274.244.000 48.23%
2010 1.298.206.000 1.85%
2011 1.211.442.000 -7.16%
2012 1.125.400.000 -7.65%
2013 1.692.600.000 33.51%
2014 1.853.600.000 8.69%
2015 1.991.300.000 6.92%
2016 2.048.700.000 2.8%
2017 2.388.400.000 14.22%
2018 2.027.700.000 -17.79%
2019 1.710.700.000 -18.53%
2020 2.407.200.000 28.93%
2021 1.954.700.000 -23.15%
2022 2.232.400.000 12.44%
2023 215.200.000 -937.36%

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.

Goodyear India Limited Gross Profit
Year Gross Profit Growth
2007 708.619.000
2008 524.011.000 -35.23%
2009 1.225.540.000 57.24%
2010 1.127.159.000 -8.73%
2011 1.098.533.000 -2.61%
2012 4.007.000.000 72.58%
2013 4.528.000.000 11.51%
2014 4.848.600.000 6.61%
2015 5.177.900.000 6.36%
2016 5.604.300.000 7.61%
2017 5.835.400.000 3.96%
2018 5.817.000.000 -0.32%
2019 5.462.600.000 -6.49%
2020 6.059.800.000 9.86%
2021 6.841.400.000 11.42%
2022 7.390.800.000 7.43%
2023 3.549.600.000 -108.22%

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.

Goodyear India Limited Net Profit
Year Net Profit Growth
2007 402.262.000
2008 321.890.000 -24.97%
2009 730.942.000 55.96%
2010 748.111.000 2.29%
2011 645.970.000 -15.81%
2012 563.200.000 -14.7%
2013 940.700.000 40.13%
2014 1.012.400.000 7.08%
2015 1.070.600.000 5.44%
2016 1.273.700.000 15.95%
2017 1.299.600.000 1.99%
2018 1.020.700.000 -27.32%
2019 888.400.000 -14.89%
2020 1.362.600.000 34.8%
2021 1.028.900.000 -32.43%
2022 1.228.600.000 16.25%
2023 -168.400.000 829.57%

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.

Goodyear India Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 17
2008 14 -30.77%
2009 32 58.06%
2010 32 3.13%
2011 28 -14.29%
2012 24 -16.67%
2013 41 40%
2014 44 6.98%
2015 46 6.52%
2016 55 16.36%
2017 56 1.79%
2018 44 -27.27%
2019 39 -15.79%
2020 59 35.59%
2021 45 -34.09%
2022 53 16.98%
2023 -7 857.14%

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.

Goodyear India Limited Free Cashflow
Year Free Cashflow Growth
2007 342.640.000
2008 78.887.000 -334.34%
2009 1.226.916.000 93.57%
2010 754.456.000 -62.62%
2011 425.727.000 -77.22%
2012 -2.200.000 19451.23%
2013 1.344.200.000 100.16%
2014 500.200.000 -168.73%
2015 -60.600.000 925.41%
2016 1.288.500.000 104.7%
2017 1.315.500.000 2.05%
2018 -156.200.000 942.19%
2019 36.800.000 524.46%
2020 2.496.900.000 98.53%
2021 158.800.000 -1472.36%
2022 11.700.000 -1257.26%
2023 277.000.000 95.78%

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.

Goodyear India Limited Operating Cashflow
Year Operating Cashflow Growth
2007 529.654.000
2008 303.336.000 -74.61%
2009 1.464.089.000 79.28%
2010 1.459.972.000 -0.28%
2011 757.671.000 -92.69%
2012 261.000.000 -190.3%
2013 1.344.200.000 80.58%
2014 993.800.000 -35.26%
2015 389.700.000 -155.02%
2016 1.677.700.000 76.77%
2017 1.822.800.000 7.96%
2018 565.700.000 -222.22%
2019 654.400.000 13.55%
2020 2.937.800.000 77.72%
2021 893.200.000 -228.91%
2022 1.121.900.000 20.39%
2023 277.000.000 -305.02%

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.

Goodyear India Limited Capital Expenditure
Year Capital Expenditure Growth
2007 187.014.000
2008 224.449.000 16.68%
2009 237.173.000 5.36%
2010 705.516.000 66.38%
2011 331.944.000 -112.54%
2012 263.200.000 -26.12%
2013 0 0%
2014 493.600.000 100%
2015 450.300.000 -9.62%
2016 389.200.000 -15.7%
2017 507.300.000 23.28%
2018 721.900.000 29.73%
2019 617.600.000 -16.89%
2020 440.900.000 -40.08%
2021 734.400.000 39.96%
2022 1.110.200.000 33.85%
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.

Goodyear India Limited Equity
Year Equity Growth
2007 1.448.888.000
2008 1.607.570.000 9.87%
2009 2.148.337.000 25.17%
2010 2.707.549.000 20.65%
2011 3.165.271.000 14.46%
2012 3.539.600.000 10.58%
2013 4.235.000.000 16.42%
2014 4.968.300.000 14.76%
2015 6.141.200.000 19.1%
2016 7.070.800.000 13.15%
2017 8.021.900.000 11.86%
2018 8.671.200.000 7.49%
2019 9.157.400.000 5.31%
2020 8.395.700.000 -9.07%
2021 7.148.300.000 -17.45%
2022 6.058.100.000 -18%
2023 5.814.500.000 -4.19%

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.

Goodyear India Limited Assets
Year Assets Growth
2007 3.873.863.000
2008 3.678.208.000 -5.32%
2009 4.821.263.000 23.71%
2010 5.930.850.000 18.71%
2011 6.981.742.000 15.05%
2012 7.407.500.000 5.75%
2013 8.593.500.000 13.8%
2014 8.934.700.000 3.82%
2015 12.285.700.000 27.28%
2016 11.022.100.000 -11.46%
2017 12.975.700.000 15.06%
2018 13.305.300.000 2.48%
2019 13.068.000.000 -1.82%
2020 13.906.000.000 6.03%
2021 13.650.100.000 -1.87%
2022 12.612.900.000 -8.22%
2023 11.793.900.000 -6.94%

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.

Goodyear India Limited Liabilities
Year Liabilities Growth
2007 2.424.975.000
2008 2.070.638.000 -17.11%
2009 2.672.926.000 22.53%
2010 3.223.301.000 17.07%
2011 3.816.471.000 15.54%
2012 3.867.900.000 1.33%
2013 4.358.500.000 11.26%
2014 3.966.400.000 -9.89%
2015 6.144.500.000 35.45%
2016 3.951.300.000 -55.51%
2017 4.953.800.000 20.24%
2018 4.634.100.000 -6.9%
2019 3.910.600.000 -18.5%
2020 5.510.300.000 29.03%
2021 6.501.800.000 15.25%
2022 6.554.800.000 0.81%
2023 5.979.400.000 -9.62%

Goodyear India Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1106.24
Net Income per Share
41.12
Price to Earning Ratio
30.96x
Price To Sales Ratio
1.15x
POCF Ratio
35.09
PFCF Ratio
35.09
Price to Book Ratio
5.05
EV to Sales
1.1
EV Over EBITDA
15.33
EV to Operating CashFlow
33.69
EV to FreeCashFlow
33.69
Earnings Yield
0.03
FreeCashFlow Yield
0.03
Market Cap
29,36 Bil.
Enterprise Value
28,20 Bil.
Graham Number
482.93
Graham NetNet
-46.66

Income Statement Metrics

Net Income per Share
41.12
Income Quality
0.63
ROE
0.16
Return On Assets
0.08
Return On Capital Employed
0.21
Net Income per EBT
0.74
EBT Per Ebit
1
Ebit per Revenue
0.05
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.26
Operating Profit Margin
0.05
Pretax Profit Margin
0.05
Net Profit Margin
0.04

Dividends

Dividend Yield
0.03
Dividend Yield %
3.22
Payout Ratio
0
Dividend Per Share
41

Operating Metrics

Operating Cashflow per Share
36.28
Free CashFlow per Share
36.28
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.16
Return on Tangible Assets
0.08
Days Sales Outstanding
38.34
Days Payables Outstanding
82.11
Days of Inventory on Hand
58.62
Receivables Turnover
9.52
Payables Turnover
4.45
Inventory Turnover
6.23
Capex per Share
0

Balance Sheet

Cash per Share
59,41
Book Value per Share
252,08
Tangible Book Value per Share
252.08
Shareholders Equity per Share
252.08
Interest Debt per Share
4.83
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
-0.64
Current Ratio
1.27
Tangible Asset Value
5,81 Bil.
Net Current Asset Value
1,21 Bil.
Invested Capital
0.01
Working Capital
1,55 Bil.
Intangibles to Total Assets
0
Average Receivables
1,34 Bil.
Average Payables
2,13 Bil.
Average Inventory
1522450000
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.

Goodyear India Limited Dividends
Year Dividends Growth
2020 80
2021 80 0%
2022 80 0%
2023 27 -207.69%
2024 41 36.59%

Goodyear India Limited Profile

About Goodyear India Limited

Goodyear India Limited engages in the manufacture and trade of tires under the Goodyear brand in India. The company offers automotive tires, such as farm and commercial truck tires, as well as passenger radial tires. The company also markets and sells tubes and flaps. It supplies tires to original equipment manufacturers. The company was incorporated in 1922 and is based in New Delhi, India. Goodyear India Limited is a subsidiary of Goodyear Orient Company (Private) Limited.

CEO
Mr. Sandeep Mahajan
Employee
969
Address
ABW Elegance Tower
New Delhi, 110025

Goodyear India Limited Executives & BODs

Goodyear India Limited Executives & BODs
# Name Age
1 Mr. Randeep Singh Kanwar BTech, PGDM
Managing Director of Goodyear Indonesia
70
2 Mr. P. K. Walia
Vice President of Consumer PBU
70
3 Mr. Anup Karnwal
Company Secretary & Compliance Officer
70
4 Mr. Abhishek Arora
Director of Human Resource
70
5 Mr. Sandeep Mahajan
Chairman & MD
70
6 Mr. Manish Manakchand Mundra
Chief Financial Officer & Whole Time Director
70

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