Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: 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:

Revenue projections for SUNDRMFAST
Revenue projections for SUNDRMFAST

With SUNDRMFAST's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 1.937000
forwardPE 27.160564
debtToEquity 21.622000
earningsGrowth -0.069000
revenueGrowth 0.044000
grossMargins 0.580560
operatingMargins 0.108920
trailingEps 25.650000
forwardEps 22.890000

SUNDRMFAST's current ratio being 1.937 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
SUNDRMFAST's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
SUNDRMFAST's low Debt-to-Equity ratio shows that the company isn't heavily reliant on debt for financing. This implies a conservative approach to leveraging, reducing financial risk and demonstrating a solid financial foundation, which can enhance investor confidence in the company's long-term stability.
Sundram Fasteners Limited's low earnings and revenue growth highlight potential profit shrinkage. This suggests that the company may struggle to maintain its financial performance, raising concerns about its future profitability.
Sundram Fasteners Limited's negative gross and operating margins highlight potential financial struggles, as the company is not covering its production or operational expenses. This could lead to broader concerns about its ability to achieve profitability.
With SUNDRMFAST's forward EPS lower than its trailing EPS, the company is expected to experience a drop in profitability. This suggests a potential slowdown in financial performance compared to the previous year.

Price projections:

Price projections for SUNDRMFAST
Price projections for SUNDRMFAST



Recommendation changes over time:

Recommendations trend for SUNDRMFAST
Recommendations trend for SUNDRMFAST


Analysts' buy bias toward SUNDRMFAST suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, SUNDRMFAST is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.