ENKEI WHEELS (INDIA) LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 682 INR | +1.01% |
|
+4.10% | +17.09% |
| 04-25 | Enkei Wheels Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 02-23 | Enkei Wheels (India) to Avail INR350 Million External Commercial Borrowing | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 5,769 | 5,150 | 4,656 | 6,111 | 10,406 | 10,469 |
| Enterprise Value (EV) 1 | 6,404 | 6,341 | 6,208 | 7,656 | 11,964 | 12,019 |
| P/E ratio | 50 x | 33.9 x | -14.4 x | 37.5 x | 281 x | 89.5 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.24 x | 1.93 x | 1.98 x | 1.36 x | 1.57 x | 1.46 x |
| EV / Revenue | 1.38 x | 2.38 x | 2.64 x | 1.7 x | 1.8 x | 1.68 x |
| EV / EBITDA | 13.8 x | 154 x | -271 x | 22.1 x | 27.7 x | 20.1 x |
| EV / FCF | -41.7 x | -18.3 x | -6.81 x | -52.8 x | -59.7 x | -141 x |
| FCF Yield | -2.4% | -5.47% | -14.7% | -1.9% | -1.68% | -0.71% |
| Price to Book | 6.8 x | 2.81 x | 2.44 x | 2.94 x | 4.7 x | 4.49 x |
| Nbr of stocks (in thousands) | 16,223 | 17,076 | 17,975 | 17,975 | 17,975 | 17,975 |
| Reference price 2 | 355.6 | 301.6 | 259.0 | 340.0 | 578.9 | 582.4 |
| Announcement Date | 5/25/18 | 6/26/20 | 5/8/21 | 5/21/22 | 5/10/23 | 4/27/24 |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 4,648 | 2,668 | 2,352 | 4,505 | 6,635 | 7,161 |
| EBITDA 1 | 463.3 | 41.08 | -22.9 | 346.2 | 431.8 | 598.2 |
| EBIT 1 | 230.4 | -117.5 | -205.3 | 176.7 | 170.3 | 189.4 |
| Operating Margin | 4.96% | -4.41% | -8.73% | 3.92% | 2.57% | 2.64% |
| Earnings before Tax (EBT) 1 | 193.3 | 51.42 | -326.3 | 174.8 | 95.72 | 160.5 |
| Net income 1 | 107.8 | 27.25 | -313.6 | 162.8 | 37.11 | 117 |
| Net margin | 2.32% | 1.02% | -13.33% | 3.61% | 0.56% | 1.63% |
| EPS 2 | 7.106 | 8.891 | -17.96 | 9.055 | 2.060 | 6.506 |
| Free Cash Flow 1 | -153.7 | -346.7 | -911.8 | -145.1 | -200.5 | -85.34 |
| FCF margin | -3.31% | -13% | -38.77% | -3.22% | -3.02% | -1.19% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 5/25/18 | 6/26/20 | 5/8/21 | 5/21/22 | 5/10/23 | 4/27/24 |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 635 | 1,190 | 1,551 | 1,544 | 1,558 | 1,549 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.371 x | 28.98 x | -67.75 x | 4.46 x | 3.608 x | 2.59 x |
| Free Cash Flow 1 | -154 | -347 | -912 | -145 | -200 | -85.3 |
| ROE (net income / shareholders' equity) | 17.4% | 12.1% | -16.8% | 8.17% | 1.73% | 5.15% |
| ROA (Net income/ Total Assets) | 5.67% | 2.82% | -2.93% | 2.35% | 2.17% | 2.3% |
| Assets 1 | 1,902 | 965.6 | 10,694 | 6,931 | 1,712 | 5,076 |
| Book Value Per Share 2 | 52.30 | 107.0 | 106.0 | 116.0 | 123.0 | 130.0 |
| Cash Flow per Share 2 | 6.280 | 24.20 | 16.60 | 18.20 | 3.740 | 6.030 |
| Capex 1 | 446 | 1,074 | 955 | 361 | 418 | 572 |
| Capex / Sales | 9.6% | 40.27% | 40.59% | 8% | 6.31% | 7.99% |
| Announcement Date | 5/25/18 | 6/26/20 | 5/8/21 | 5/21/22 | 5/10/23 | 4/27/24 |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +17.09% | 145M | |
| -16.77% | 2.52B | |
| -6.16% | 1.75B | |
| +2.67% | 811M | |
| -13.72% | 783M | |
| -15.29% | 655M | |
| -24.96% | 569M | |
| -26.05% | 272M | |
| -24.37% | 258M | |
| -33.35% | 250M |
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- ENKEIWHEL6 Stock
- Financials Enkei Wheels (India) Limited
