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- JK TYRE & IND - CEAT
JK TYRE & IND vs CEAT - Comparison Results
Current Valuations
| JK TYRE & IND | CEAT | JK TYRE & IND/ CEAT |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 13.3 | 20.7 | 64.5% | View Chart |
| P/BV | x | 2.3 | 2.7 | 83.0% | View Chart |
| Dividend Yield | % | 1.2 | 1.1 | 110.3% |
Financials
 JK TYRE & IND  CEAT |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| JK TYRE & IND Mar-24 |
CEAT Mar-24 |
JK TYRE & IND/ CEAT |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 554 | 2,997 | 18.5% | |
| Low | Rs | 154 | 1,381 | 11.1% | |
| Sales per share (Unadj.) | Rs | 575.4 | 2,952.7 | 19.5% | |
| Earnings per share (Unadj.) | Rs | 31.1 | 157.1 | 19.8% | |
| Cash flow per share (Unadj.) | Rs | 47.9 | 282.8 | 16.9% | |
| Dividends per share (Unadj.) | Rs | 4.50 | 30.00 | 15.0% | |
| Avg Dividend yield | % | 1.3 | 1.4 | 92.8% | |
| Book value per share (Unadj.) | Rs | 172.1 | 999.4 | 17.2% | |
| Shares outstanding (eoy) | m | 260.72 | 40.45 | 644.5% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.6 | 0.7 | 83.0% | |
| Avg P/E ratio | x | 11.4 | 13.9 | 81.6% | |
| P/CF ratio (eoy) | x | 7.4 | 7.7 | 95.5% | |
| Price / Book Value ratio | x | 2.1 | 2.2 | 93.9% | |
| Dividend payout | % | 14.5 | 19.1 | 75.7% | |
| Avg Mkt Cap | Rs m | 92,283 | 88,558 | 104.2% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 14,318 | 8,457 | 169.3% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 150,018 | 119,435 | 125.6% | |
| Other income | Rs m | 444 | 203 | 218.4% | |
| Total revenues | Rs m | 150,461 | 119,638 | 125.8% | |
| Gross profit | Rs m | 20,503 | 16,143 | 127.0% | |
| Depreciation | Rs m | 4,368 | 5,088 | 85.8% | |
| Interest | Rs m | 4,469 | 2,691 | 166.1% | |
| Profit before tax | Rs m | 12,109 | 8,567 | 141.3% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 3,994 | 2,214 | 180.4% | |
| Profit after tax | Rs m | 8,115 | 6,353 | 127.7% | |
| Gross profit margin | % | 13.7 | 13.5 | 101.1% | |
| Effective tax rate | % | 33.0 | 25.8 | 127.6% | |
| Net profit margin | % | 5.4 | 5.3 | 101.7% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 65,566 | 26,906 | 243.7% | |
| Current liabilities | Rs m | 56,858 | 43,333 | 131.2% | |
| Net working cap to sales | % | 5.8 | -13.8 | -42.2% | |
| Current ratio | x | 1.2 | 0.6 | 185.7% | |
| Inventory Days | Days | 6 | 9 | 70.5% | |
| Debtors Days | Days | 7 | 392 | 1.7% | |
| Net fixed assets | Rs m | 74,511 | 72,558 | 102.7% | |
| Share capital | Rs m | 521 | 405 | 128.9% | |
| "Free" reserves | Rs m | 44,346 | 40,022 | 110.8% | |
| Net worth | Rs m | 44,867 | 40,426 | 111.0% | |
| Long term debt | Rs m | 21,869 | 9,566 | 228.6% | |
| Total assets | Rs m | 140,116 | 99,947 | 140.2% | |
| Interest coverage | x | 3.7 | 4.2 | 88.7% | |
| Debt to equity ratio | x | 0.5 | 0.2 | 206.0% | |
| Sales to assets ratio | x | 1.1 | 1.2 | 89.6% | |
| Return on assets | % | 9.0 | 9.0 | 99.3% | |
| Return on equity | % | 18.1 | 15.7 | 115.1% | |
| Return on capital | % | 24.8 | 22.5 | 110.3% | |
| Exports to sales | % | 9.2 | 0 | - | |
| Imports to sales | % | 12.4 | 17.6 | 70.7% | |
| Exports (fob) | Rs m | 13,784 | NA | - | |
| Imports (cif) | Rs m | 18,662 | 21,020 | 88.8% | |
| Fx inflow | Rs m | 13,784 | 23,516 | 58.6% | |
| Fx outflow | Rs m | 18,662 | 21,020 | 88.8% | |
| Net fx | Rs m | -4,879 | 2,496 | -195.5% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 16,142 | 17,193 | 93.9% | |
| From Investments | Rs m | -12,081 | -8,537 | 141.5% | |
| From Financial Activity | Rs m | -4,133 | -8,710 | 47.4% | |
| Net Cashflow | Rs m | -18 | -55 | 33.5% | |
Share Holding
| Indian Promoters | % | 50.6 | 47.2 | 107.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 22.3 | 36.4 | 61.2% | |
| FIIs | % | 11.6 | 16.6 | 69.7% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 49.5 | 52.8 | 93.7% | |
| Shareholders | 336,329 | 143,063 | 235.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare JK TYRE & IND With: APOLLO TYRES TVS SRICHAKRA MRF BALKRISHNA INDUSTRIES
More on JK TYRE & IND vs Ceat
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
JK TYRE & IND vs Ceat Share Price Performance
| Period | JK TYRE & IND | Ceat |
|---|---|---|
| 1-Day | 1.98% | -1.49% |
| 1-Month | -5.84% | -6.72% |
| 1-Year | 9.29% | 29.32% |
| 3-Year CAGR | 40.86% | 31.83% |
| 5-Year CAGR | 40.37% | 23.54% |
* Compound Annual Growth Rate
Here are more details on the JK TYRE & IND share price and the Ceat share price.
Moving on to shareholding structures...
The promoters of JK TYRE & IND hold a 50.6% stake in the company. In case of Ceat the stake stands at 47.2%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of JK TYRE & IND and the shareholding pattern of Ceat.
Finally, a word on dividends...
In the most recent financial year, JK TYRE & IND paid a dividend of Rs 4.5 per share. This amounted to a Dividend Payout ratio of 14.5%.
Ceat paid Rs 30.0, and its dividend payout ratio stood at 19.1%.
You may visit here to review the dividend history of JK TYRE & IND, and the dividend history of Ceat.
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On Thursday, Indian share markets traded lower throughout the trading session and ended on a weak note.
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