More about Hero MotoCorp Limited
Fundamentals for Hero MotoCorp Limited
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Fundamentals for Hero MotoCorp Limited
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Business Operations:
Sector: Consumer CyclicalIndustry: Auto Manufacturers
Hero MotoCorp Limited primarily engages in the manufacture and sale of motorized two wheelers in India, Asia, Central and Latin America, Africa, and the Middle East. The company offers motorcycles and scooters, as well as electric scooters. It provides engines, parts, and accessories, as well as related services. The company was formerly known as Hero Honda Motors Ltd. and changed its name to Hero MotoCorp Limited in July 2011. Hero MotoCorp Limited was incorporated in 1984 and is based in New Delhi, India.
Revenue projections:
HEROMOTOCO is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 1.909000 |
|---|---|
| forwardPE | 15.628626 |
| debtToEquity | 3.570000 |
| earningsGrowth | 0.257000 |
| revenueGrowth | 0.302000 |
| grossMargins | 0.331820 |
| operatingMargins | 0.131100 |
| trailingEps | 286.790000 |
| forwardEps | 318.838000 |
HEROMOTOCO's current ratio being 1.909 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, HEROMOTOCO can easily cover its immediate liabilities, reflecting solid financial health.
HEROMOTOCO's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
With earnings and revenue growth in positive territory, Hero MotoCorp Limited is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.
HEROMOTOCO's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that HEROMOTOCO is projected to improve its financial performance compared to the previous year.
Price projections:
The price of HEROMOTOCO has often been situated close to the lower end of projections. This consistent trend may signal difficulties for the company in achieving investor expectations for future performance.
Recommendation changes over time:
Analysts' buy bias toward Hero MotoCorp Limited suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Hero MotoCorp Limited is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
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