More about Apollo Tyres Limited
Fundamentals for Apollo Tyres Limited
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Fundamentals for Apollo Tyres Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It offers commercial, passenger vehicles, two-wheelers, farm, industrial, trucks and buses, off highway, light trucks, agricultural, and bicycle tyres. The company provides its products under the Apollo Tyres and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.
Revenue projections:
APOLLOTYRE's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 13.839169 |
| debtToEquity | 29.090000 |
| earningsGrowth | 0.399000 |
| revenueGrowth | 0.118000 |
| grossMargins | 0.427620 |
| operatingMargins | 0.103400 |
| trailingEps | 14.620000 |
| forwardEps | 32.809050 |
APOLLOTYRE's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
APOLLOTYRE's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, APOLLOTYRE reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing.
APOLLOTYRE's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that APOLLOTYRE is expected to continue expanding its business and boosting its financial performance in the coming periods.
APOLLOTYRE's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting APOLLOTYRE to generate stronger earnings compared to the previous financial year.
Price projections:
Price projections for APOLLOTYRE have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in APOLLOTYRE's market potential.
Recommendation changes over time:
Apollo Tyres Limited has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view Apollo Tyres Limited as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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