Business Description
Happy Forgings Ltd
ISIN : INE330T01021
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HAPPYFORGE.India IPO Date
2023-12-27Description
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.
Financial Strength
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.78 | |||||
| Equity-to-Asset | 0.85 | |||||
| Debt-to-Equity | 0.09 | |||||
| Debt-to-EBITDA | 0.35 | |||||
| Interest Coverage | 47.68 | |||||
| Piotroski F-Score | 6/9 | |||||
| Altman Z-Score | 20.09 | |||||
| Beneish M-Score | -1.76 | |||||
| WACC vs ROIC | ||||||
Growth Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 33 | |||||
| 3-Year EBITDA Growth Rate | 36.3 | |||||
| 3-Year EPS without NRI Growth Rate | 42.2 | |||||
| 3-Year FCF Growth Rate | 49.8 | |||||
| 3-Year Book Growth Rate | 35.7 | |||||
| Future 3-5Y EPS without NRI Growth Rate Estimate | 19.55 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 20.65 |
Momentum Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 36.61 | |||||
| 9-Day RSI | 38.72 | |||||
| 14-Day RSI | 38.61 | |||||
| 6-1 Month Momentum % | -10.55 | |||||
| 12-1 Month Momentum % | 14.97 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 2.89 | |||||
| Quick Ratio | 1.99 | |||||
| Cash Ratio | 0.42 | |||||
| Days Inventory | 123.96 | |||||
| Days Sales Outstanding | 103.83 | |||||
| Days Payable | 33.47 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 0.4 | |||||
| Dividend Payout Ratio | 0.14 | |||||
| Forward Dividend Yield % | 0.4 | |||||
| 5-Year Yield-on-Cost % | 0.4 | |||||
| Shareholder Yield % | 1.36 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 46.58 | |||||
| Operating Margin % | 25.52 | |||||
| Net Margin % | 20.34 | |||||
| FCF Margin % | -0.4 | |||||
| ROE % | 17.54 | |||||
| ROA % | 14.39 | |||||
| ROIC % | 14.77 | |||||
| 3-Year ROIIC % | 17.02 | |||||
| ROC (Joel Greenblatt) % | 24.8 | |||||
| ROCE % | 23.37 | |||||
| Years of Profitability over Past 10-Year | 4 |
GF Value Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 35.88 | |||||
| Forward PE Ratio | 26.04 | |||||
| PE Ratio without NRI | 35.88 | |||||
| PS Ratio | 7.34 | |||||
| PB Ratio | 5.62 | |||||
| Price-to-Tangible-Book | 5.51 | |||||
| Price-to-Operating-Cash-Flow | 49.06 | |||||
| EV-to-EBIT | 26.52 | |||||
| EV-to-EBITDA | 22.11 | |||||
| EV-to-Revenue | 7.41 | |||||
| EV-to-FCF | -1882.52 | |||||
| Price-to-Graham-Number | 2.93 | |||||
| Price-to-Net-Current-Asset-Value | 19.29 | |||||
| Earnings Yield (Greenblatt) % | 3.78 | |||||
| FCF Yield % | -0.05 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsPeter Lynch Chart
Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Happy Forgings Ltd Executives
DetailsGF Value
Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil ₹) | 12,727.791 | ||
| EPS (TTM) (₹) | 28.44 | ||
| Beta | 0 | ||
| Volatility % | 28.52 | ||
| 14-Day RSI | 38.61 | ||
| 14-Day ATR (₹) | 33.032997 | ||
| 20-Day SMA (₹) | 1006.865 | ||
| 12-1 Month Momentum % | 14.97 | ||
| 52-Week Range (₹) | 813.2 - 1299.95 | ||
| Shares Outstanding (Mil) | 94.22 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Happy Forgings Ltd Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Happy Forgings Ltd Stock Events
| Event | Date | Price(₹) | ||
|---|---|---|---|---|
| No Event Data | ||||
Happy Forgings Ltd Frequently Asked Questions
What is Happy Forgings Ltd(NSE:HAPPYFORGE)'s stock price today?
The current price of NSE:HAPPYFORGE is ₹995.40. The 52 week high of NSE:HAPPYFORGE is ₹1299.95 and 52 week low is ₹813.20.
When is next earnings date of Happy Forgings Ltd(NSE:HAPPYFORGE)?
The next earnings date of Happy Forgings Ltd(NSE:HAPPYFORGE) is .
Does Happy Forgings Ltd(NSE:HAPPYFORGE) pay dividends? If so, how much?
The Dividend Yield %  of Happy Forgings Ltd(NSE:HAPPYFORGE) is 0.4% (As of Today), Highest Dividend Payout Ratio of Happy Forgings Ltd(NSE:HAPPYFORGE) was 0.14. The lowest was 0. And the median was 0. The  Forward Dividend Yield % of Happy Forgings Ltd(NSE:HAPPYFORGE) is 0.4%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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