Heromotoco - Reversal in the making
Fundamental Outlook
Almost debt free D/E ratio is 0.04, High ICR (85)
PE of 19.23, IND PE is 45.12, 0.4X of Industry PE, inexpensive stock
PEG of 2.52, reasonable
ROE = 23.67%
ROCE = 31.15% , ROCE 5yrs = 25.06%
Sales growth = 8.3%, Sales Growth 5 yrs =6.94%
Profit growth = 16.06%, Profit Growth 5 yrs = 7.64%
Promoter holding at 34.74%, stable over the years
Cumulative FII/DII holding above 50%
Public holding < 10%
Very less public holding, continually decreasing, signalling strong hand holding
Technical Outlook
CMP : 4234
On Weekly charts ,
Stock has experienced a significant downtrend and seems to be bouncing off 3500-3600 levels
RSI(weekly)=53
On daily charts
LTP > EMA21 > EMA63 < EMA200
Relative strength and momentum on 20 day time period is improving.
RS = 99, relatively weak strength compared to Nifty 500
Momentum = 101, relatively better momentum compared to Nifty 500
RSI (daily) = 70 , overbought zone
Chart Patterns
On weekly charts ,
Stock is beginning to form a rounding bottom pattern.
Industry Outlook
Sector/Industry - Automobiles/2-3 Wheelers
Nifty auto is a leading index compared to other sectoral indices in the past 20 days.
Nifty Auto has formed a W pattern/double bottom in the recent past and is recovering appreciably.
Continuing momentum should take the Index past recovery to bullish phase
Latest Q4 Results
Mar 2025
NSE:HEROMOTOCO
QOQ
👉Revenue drops -2.83% to 9970
👉EBITDA rose 1.69% to 1441
👉EBITDA Margin rose 0.64% BPS to 14.45%
👉Net Profit rose 5.51% to 1169
👉EPS rose 4.84% to 58.06
YOY
👉Revenue rose 3.67% from 9617
👉EBITDA rose 9.17% from 1320
👉EBITDA Margin rose 0.73% BPS from 13.73%
👉Net Profit rose 23.97% from 943
👉EPS rose 24.14% from 46.77
Fundamentals
👉Stock PE is 19.23
👉Stock EPS is 218.94
👉Dividend announced of Rs.65
Growth
👉2 year Revenue CAGR is 9.46%
👉2 year Profit CAGR is 25.00%
👉2 year EPS CAGR is 24.78%
👉2 year Price CAGR is 30.29%
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
Fundamental Outlook
Almost debt free D/E ratio is 0.04, High ICR (85)
PE of 19.23, IND PE is 45.12, 0.4X of Industry PE, inexpensive stock
PEG of 2.52, reasonable
ROE = 23.67%
ROCE = 31.15% , ROCE 5yrs = 25.06%
Sales growth = 8.3%, Sales Growth 5 yrs =6.94%
Profit growth = 16.06%, Profit Growth 5 yrs = 7.64%
Promoter holding at 34.74%, stable over the years
Cumulative FII/DII holding above 50%
Public holding < 10%
Very less public holding, continually decreasing, signalling strong hand holding
Technical Outlook
CMP : 4234
On Weekly charts ,
Stock has experienced a significant downtrend and seems to be bouncing off 3500-3600 levels
RSI(weekly)=53
On daily charts
LTP > EMA21 > EMA63 < EMA200
Relative strength and momentum on 20 day time period is improving.
RS = 99, relatively weak strength compared to Nifty 500
Momentum = 101, relatively better momentum compared to Nifty 500
RSI (daily) = 70 , overbought zone
Chart Patterns
On weekly charts ,
Stock is beginning to form a rounding bottom pattern.
Industry Outlook
Sector/Industry - Automobiles/2-3 Wheelers
Nifty auto is a leading index compared to other sectoral indices in the past 20 days.
Nifty Auto has formed a W pattern/double bottom in the recent past and is recovering appreciably.
Continuing momentum should take the Index past recovery to bullish phase
Latest Q4 Results
Mar 2025
NSE:HEROMOTOCO
QOQ
👉Revenue drops -2.83% to 9970
👉EBITDA rose 1.69% to 1441
👉EBITDA Margin rose 0.64% BPS to 14.45%
👉Net Profit rose 5.51% to 1169
👉EPS rose 4.84% to 58.06
YOY
👉Revenue rose 3.67% from 9617
👉EBITDA rose 9.17% from 1320
👉EBITDA Margin rose 0.73% BPS from 13.73%
👉Net Profit rose 23.97% from 943
👉EPS rose 24.14% from 46.77
Fundamentals
👉Stock PE is 19.23
👉Stock EPS is 218.94
👉Dividend announced of Rs.65
Growth
👉2 year Revenue CAGR is 9.46%
👉2 year Profit CAGR is 25.00%
👉2 year EPS CAGR is 24.78%
👉2 year Price CAGR is 30.29%
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
Note
Heromotoco 4340+Note
Heromotoco 4430+ Trade active
Hero going as per prediction. Now in 5500-5600 range. Hoping to see 6000 in coming quarter
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.