Balkrishna Industries Ltd NSE  /  BSE

Tyres, Mid Cap

27 Jan 2020 | 04:15 PM

1,074.40
-31.25 (-2.83%)

Independent Research

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts neutral but previously negative (since 21-Jan-2020)

    Compared to seven weeks ago, the analysts have not significantly revised their earnings per share estimates (changes between +1% and -1% are considered neutral). But the last significant trend is negative since 21-Jan-2020 at a price of 1089.95.

  • Valuation Rating

    Fairly priced

    Based on its growth potential and our own criteria, at its current price the stock is fairly valued.

  • MT Tech Trend

    Trend positive since 15-Oct-2019

    The forty day Medium Term Technical Trend is positive since 15-Oct-2019. The confirmed Technical Reverse point (Tech Reverse - 1.75%) is 965.670.

  • 4W REL Performance

    vs. SENSEX30

    The four week relative overperformance versus SENSEX30 is 15.430.

Risk parameters

  • Risk Zone

    Moderate

    The stock has been on the moderate-sensitivity level since 03-Sep-2019.

  • Bear Market

    Average sensitivity to market corrections

    On average, the stock is likely to decline with the index.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 277%.

  • Beta

    108 Average sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 108%.

  • Correlation

    0.43 Fair correlation to SENSEX30

    0.4257% of stock movements are explained by index variations.

  • Value at Risk

    Rs.265.36 The medium term value at risk is estimated at 265.36 or 0.24000%

    The value at risk is estimated at 265.36. The risk is therefore 0.24000%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    17.46 Current year to 2022 annualized estimate

    The annualized growth estimate is for the current year to 2022.

  • P/E Ratio

    19.33 Estimated PE for 2022

    The estimated PE is for the year 2022.

  • G/PE Ratio

    0.95 4.964% discount to expected growth

    A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 0.9 indicates that the stock's price presents a discount to growth of 4.964%.

  • Dividend Yield

    0.85% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 16.442% of earnings forecasts.

  • Global Evaluation

    Neutral

    The stock is classified in the neutral zone since 03-Sep-2019.