ZF Steering Gear (I) Stock Price Analysis and Quick Research Report. Is ZF Steering Gear (I) an attractive stock to invest in?
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The Indian Auto Industry is among the top five largest in the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The government's support is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. ZF Steering Gear (I) stock price today is Rs 860.7. Let’s look at how ZF Steering Gear (I) is performing and if it is the right time to buy the stock of ZF Steering Gear (I) with detailed analysis.
- The mainstream of revenue for Auto Sector is their sales, ZF Steering Gear (I) has reported poor sales growth of 3.1368% and in the latest quarter sales was Rs 116.41 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 7.6692 times for ZF Steering Gear (I) . It is managing its inventory poorly .
- ZF Steering Gear (I) reported Profit loss of -28.9816 % over the year, where the latest year profit is Rs 33.89 Cr compared to the previous year of Rs 47.72 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
- The operating profit of ZF Steering Gear (I) in the latest quarter is Rs 11.27 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
- ZF Steering Gear (I) has a poor ROE of 7.1123%. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. ZF Steering Gear (I) has a low Debt to Equity ratio of 0.077.
- ZF Steering Gear (I) pays a dividend of 0 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0%.
- The share of promoter in ZF Steering Gear (I) is high at 66.93%, where the pledging is 0%.
- What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of ZF Steering Gear (I) is 26.4277007255566 compared to the 5 year average PE of 23.282753297789.
One can find all the Financial Ratios of ZF Steering Gear (I) in Ticker for free. Also, one can get the intrinsic value of ZF Steering Gear (I) by using Valuation Calculators, which are available with a Finology ONE subscription.
ZF Steering Gear (I) FAQs
Q1. What is ZF Steering Gear (I) share price today?
Ans: The current share price of ZF Steering Gear (I) is Rs 860.7.
Q2. What is the market capitalisation of ZF Steering Gear (I)?
Ans: ZF Steering Gear (I) has a market capitalisation of Rs 780.938931 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of ZF Steering Gear (I)?
Ans: The PE ratio of ZF Steering Gear (I) is 26.4277007255566 and the P/B ratio of ZF Steering Gear (I) is 1.54304249542977, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of ZF Steering Gear (I) share?
Ans: The 52-week high share price of ZF Steering Gear (I) is Rs 1766, and the 52-week low share price of ZF Steering Gear (I) is Rs 900.
Q5. Does ZF Steering Gear (I) pay dividends?
Ans: Currently, ZF Steering Gear (I) does not pay dividends. Dividend yield of ZF Steering Gear (I) is around 0%.
Q6. What are the face value and book value of ZF Steering Gear (I) shares?
Ans: The face value of ZF Steering Gear (I) shares is Rs 10, while the book value per share of ZF Steering Gear (I) is around Rs 557.7941. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of ZF Steering Gear (I)?
Ans: ZF Steering Gear (I) has a total debt of Rs 37.74 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of ZF Steering Gear (I)?
Ans: The ROE of ZF Steering Gear (I) is 7.1123% and ROCE of ZF Steering Gear (I) is 10.4527%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is ZF Steering Gear (I) a good buy for the long term?
Ans: The ZF Steering Gear (I) long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is ZF Steering Gear (I) undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the ZF Steering Gear (I) appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check ZF Steering Gear (I)’s financials?
Ans: You can review ZF Steering Gear (I)’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.