Bharat Forge (India) Buy Hold or Sell Recommendation
| BHARATFORG | 1,332 3.05 0.23% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Bharat Forge Limited is 'Hold'. Macroaxis provides Bharat Forge buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BHARATFORG positions.
Check out Bharat Forge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Bharat and provide practical buy, sell, or hold advice based on investors' constraints. Bharat Forge Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Bharat |
Execute Bharat Forge Buy or Sell Advice
The Bharat recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bharat Forge Limited. Macroaxis does not own or have any residual interests in Bharat Forge Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bharat Forge's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Bharat Forge Trading Alerts and Improvement Suggestions
| Bharat Forge Limited generated a negative expected return over the last 90 days | |
| Bharat Forge Limited is unlikely to experience financial distress in the next 2 years | |
| About 48.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Bharat Forge Share Price Today on 22-11-2024 Bharat Forge share price are up by 1.53, Nifty up by 1.21 percent Stock Market News - Mint |
Bharat Forge Returns Distribution Density
The distribution of Bharat Forge's historical returns is an attempt to chart the uncertainty of Bharat Forge's future price movements. The chart of the probability distribution of Bharat Forge daily returns describes the distribution of returns around its average expected value. We use Bharat Forge Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bharat Forge returns is essential to provide solid investment advice for Bharat Forge.
| Mean Return | -0.3 | Value At Risk | -2.68 | Potential Upside | 2.46 | Standard Deviation | 1.51 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bharat Forge historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bharat Forge Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 1.1B | (592.4M) | (9.1B) | (3.6B) | (855.8M) | (898.6M) | |
| Change In Cash | 264.1M | 1.3B | 1.1B | (497.1M) | 8.1B | 8.5B | |
| Free Cash Flow | 5.6B | 1.1B | (5.6B) | 3.0B | 1.4B | 1.5B | |
| Depreciation | 5.5B | 6.1B | 7.2B | 7.4B | 8.5B | 4.6B | |
| Other Non Cash Items | 517.8M | 496.6M | 244.3M | 2.7B | 2.8B | 2.9B | |
| Dividends Paid | 2.3B | 2.8B | 1.6B | 3.3B | 3.8B | 4.0B | |
| Capital Expenditures | 9.6B | 9.1B | 10.7B | 10.0B | 15.2B | 8.7B | |
| Net Income | 4.6B | (254.5M) | 13.8B | 8.3B | 9.5B | 7.5B | |
| End Period Cash Flow | 3.1B | 4.5B | 5.6B | 5.1B | 13.2B | 13.8B | |
| Investments | (1.6B) | (6.4B) | 4.0B | (16.7B) | (6.7B) | (6.3B) | |
| Net Borrowings | 7.5B | 870.8M | 6.6B | 6.5B | 7.5B | 7.9B | |
| Change To Netincome | 408.0M | 1.7B | 1.5B | (706.8M) | (812.8M) | (772.1M) |
Bharat Forge Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bharat Forge or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bharat Forge's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bharat stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 0.20 | |
σ | Overall volatility | 1.53 | |
Ir | Information ratio | -0.28 |
Bharat Forge Volatility Alert
Bharat Forge Limited exhibits very low volatility with skewness of 0.13 and kurtosis of -0.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bharat Forge's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bharat Forge's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bharat Forge Fundamentals Vs Peers
Comparing Bharat Forge's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bharat Forge's direct or indirect competition across all of the common fundamentals between Bharat Forge and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bharat Forge or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bharat Forge's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bharat Forge by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Bharat Forge to competition |
| Fundamentals | Bharat Forge | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0571 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 673.89 B | 16.62 B |
| Shares Outstanding | 465.59 M | 571.82 M |
| Shares Owned By Insiders | 47.76 % | 10.09 % |
| Shares Owned By Institutions | 36.29 % | 39.21 % |
| Price To Book | 8.48 X | 9.51 X |
| Price To Sales | 3.89 X | 11.42 X |
| Revenue | 156.82 B | 9.43 B |
| Gross Profit | 67.48 B | 27.38 B |
| EBITDA | 27.45 B | 3.9 B |
| Net Income | 9.51 B | 570.98 M |
| Cash And Equivalents | 160.21 M | 2.7 B |
| Total Debt | 79.48 B | 5.32 B |
| Book Value Per Share | 154.00 X | 1.93 K |
| Cash Flow From Operations | 16.64 B | 971.22 M |
| Earnings Per Share | 20.28 X | 3.12 X |
| Target Price | 1446.4 | |
| Number Of Employees | 3.78 K | 18.84 K |
| Beta | 1.05 | -0.15 |
| Market Capitalization | 618.88 B | 19.03 B |
| Total Asset | 193.49 B | 29.47 B |
| Retained Earnings | 56.76 B | 9.33 B |
| Working Capital | 7.35 B | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 193.49 B |
Bharat Forge Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bharat . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 10433.11 | |||
| Daily Balance Of Power | 0.1533 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1335.9 | |||
| Day Typical Price | 1334.68 | |||
| Price Action Indicator | (2.12) | |||
| Period Momentum Indicator | 3.05 |
About Bharat Forge Buy or Sell Advice
When is the right time to buy or sell Bharat Forge Limited? Buying financial instruments such as Bharat Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Bharat Stock
Bharat Forge financial ratios help investors to determine whether Bharat Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bharat with respect to the benefits of owning Bharat Forge security.