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Fundamentals for Sundram Fasteners Limited
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Fundamentals for Sundram Fasteners Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Sundram Fasteners Limited manufactures and sells precision components for the automotive, infrastructure, wind energy, aerospace, defense, farm equipment, industrial, aviation, and other sectors in India, China, the United States, the United Kingdom, and internationally. The company's products include high tensile fasteners comprising wind energy, automotive, engine, chassis, and aerospace and aviation fasteners; cold extruded parts, including gear blanks, transmission shafts, cams, starter sleeves and pinions, CV joint parts, and fan hubs; and hot forged parts consisting of bevel gears and pinions, hub rings, clutch hubs, crankshafts sprockets, turbocharger parts, and connecting rods. It also provides powertrain components, such as turbine and output shafts, sungear shafts, slip yokes, clutch hub, and crankshaft sprockets; powder metallurgy parts comprising rotors and gears, synchronizer hubs, shock absorber components, valve train components, bushes, and structural parts; metal and nylon radiator caps; pumps and assemblies comprising water and oil pumps, mechanical fuel pumps, manual and auto belt tensioners, rocker assemblies, suspension and precision parts, fan support, and camshafts products, as well as offers iron powder units that include powders for press and sinter applications, plain iron powders, diffusion bonded powders, pre-alloyed powders, and press ready mixes units. In addition, the company generates power using non-conventional sources; manufactures bearing housings, spokes and nipples, automobile kits, dowels and rollers, small screws, tools, and precision forged components for use in heavy vehicles for on-highway and off-highway applications; and provides financial and software services. Sundram Fasteners Limited was incorporated in 1962 and is headquartered in Chennai, India.
Revenue projections:
With SUNDRMFAST's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 2.046000 |
|---|---|
| forwardPE | 25.793201 |
| debtToEquity | 18.193000 |
| earningsGrowth | 0.059000 |
| revenueGrowth | 0.024000 |
| grossMargins | 0.583700 |
| operatingMargins | 0.126410 |
| trailingEps | 26.400000 |
| forwardEps | 35.300000 |
With a current ratio of 2.046, Sundram Fasteners Limited has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that Sundram Fasteners Limited is in a strong position to meet its immediate financial obligations without difficulty.
SUNDRMFAST's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
Sundram Fasteners Limited's low Debt-to-Equity ratio reflects limited reliance on debt, signaling the company is not over-leveraged. This lower financial risk suggests that Sundram Fasteners Limited has a strong capital structure, which can help sustain long-term stability and attract cautious investors.
Sundram Fasteners Limited's negative gross and operating margins indicate that the company is not generating profit from either production or day-to-day operations. This could suggest cost overruns or declining revenue, impacting its financial stability.
Sundram Fasteners Limited's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that Sundram Fasteners Limited is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
The current price of SUNDRMFAST aligns with projections, showing no clear risks or opportunities. This lack of volatility suggests a stable environment for investors, who may wish to hold off on major adjustments until market conditions change.
Recommendation changes over time:
SUNDRMFAST has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view SUNDRMFAST as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
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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