Force Motors Stock Price Analysis and Quick Research Report. Is Force Motors an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?

We can look into more details and dig a little deeper into the analysis of the stock of this sector. Force Motors stock price today is Rs 18228. Let’s look at how Force Motors is performing and if it is the right time to buy the stock of Force Motors with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Force Motors has reported outstanding sales growth of 39.038 % and in the latest quarter sales was Rs 2297.12 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 7.0277 times for Force Motors . It is managing its inventory poorly . 
   
• Force Motors reported Profit growth of 164.1828 % over the year, where the latest year profit is Rs 401.69 Cr compared to the previous year of Rs 152.05 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Force Motors in the latest quarter is Rs 331.9 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Force Motors has a average ROE of 18.865 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Force Motors has a low Debt to Equity ratio of 0.2255.
   
• Force Motors pays a dividend of 20 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0.2196 %.
   
• The share of promoter in Force Motors is high at 61.63 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Force Motors is 27.7468684307067 compared to the 5 year average PE of 10.1076882364293 .
   
• Share Price: - The current share price of Force Motors is Rs 18228. One can use valuation calculators of ticker to know if Force Motors share price is undervalued or overvalued.