Here's What's Concerning About Escorts Kubota's (NSE:ESCORTS) Returns On Capital
Oct 26
Indian (NIFTY) Agricultural Machinery Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies13
- 7D-3.2%
- 3M19.1%
- 1Y56.5%
- YTD44.7%
Over the last 7 days, the Agricultural Machinery industry has dropped 3.2%, driven by a pullback from Escorts Kubota of 2.8%. Over the past 12 months, the industry was up 57%. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Indian Agricultural Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹472.2b | ₹191.3b | ₹11.6b | 32.5x | 40.6x | 2.5x |
| Wed, 27 Sep 2023 | ₹483.5b | ₹191.3b | ₹11.6b | 32.8x | 41.7x | 2.5x |
| Fri, 25 Aug 2023 | ₹461.2b | ₹191.2b | ₹11.6b | 33.5x | 39.8x | 2.4x |
| Sun, 23 Jul 2023 | ₹371.6b | ₹185.2b | ₹9.7b | 40.6x | 38.5x | 2x |
| Tue, 20 Jun 2023 | ₹345.8b | ₹185.2b | ₹9.7b | 37.2x | 35.8x | 1.9x |
| Thu, 18 May 2023 | ₹329.7b | ₹208.3b | ₹12.3b | 25.8x | 26.8x | 1.6x |
| Sat, 15 Apr 2023 | ₹302.9b | ₹199.3b | ₹11.7b | 24.8x | 25.9x | 1.5x |
| Mon, 13 Mar 2023 | ₹296.9b | ₹199.3b | ₹11.7b | 23.7x | 25.4x | 1.5x |
| Wed, 08 Feb 2023 | ₹302.3b | ₹190.3b | ₹11.2b | 30.7x | 26.9x | 1.6x |
| Fri, 06 Jan 2023 | ₹320.9b | ₹189.7b | ₹11.1b | 31.8x | 28.9x | 1.7x |
| Sun, 04 Dec 2022 | ₹315.2b | ₹177.4b | ₹9.4b | 31x | 33.4x | 1.8x |
| Tue, 01 Nov 2022 | ₹284.2b | ₹174.9b | ₹12.2b | 29.9x | 23.4x | 1.6x |
| Thu, 29 Sep 2022 | ₹284.9b | ₹174.9b | ₹12.2b | 31.7x | 23.4x | 1.6x |
| Sat, 27 Aug 2022 | ₹267.8b | ₹174.8b | ₹12.2b | 27x | 22x | 1.5x |
| Mon, 25 Jul 2022 | ₹251.9b | ₹167.5b | ₹12.8b | 24x | 19.7x | 1.5x |
| Wed, 22 Jun 2022 | ₹262.8b | ₹167.5b | ₹12.8b | 25.9x | 20.5x | 1.6x |
| Fri, 20 May 2022 | ₹274.7b | ₹164.2b | ₹10.7b | 20.9x | 25.8x | 1.7x |
| Sun, 17 Apr 2022 | ₹270.8b | ₹168.0b | ₹11.4b | 24.5x | 23.7x | 1.6x |
| Tue, 15 Mar 2022 | ₹303.7b | ₹168.0b | ₹11.4b | 25x | 26.6x | 1.8x |
| Thu, 10 Feb 2022 | ₹292.6b | ₹165.4b | ₹11.0b | 25.2x | 26.7x | 1.8x |
| Sat, 08 Jan 2022 | ₹300.6b | ₹165.9b | ₹11.9b | 24.3x | 25.2x | 1.8x |
| Mon, 06 Dec 2021 | ₹318.3b | ₹165.9b | ₹11.9b | 23x | 26.7x | 1.9x |
| Wed, 03 Nov 2021 | ₹225.5b | ₹161.5b | ₹9.3b | 58.6x | 24.2x | 1.4x |
| Fri, 01 Oct 2021 | ₹211.8b | ₹160.4b | ₹9.8b | 18.6x | 21.6x | 1.3x |
| Sun, 29 Aug 2021 | ₹192.3b | ₹160.4b | ₹9.8b | 18.7x | 19.6x | 1.2x |
| Mon, 05 Jul 2021 | ₹176.5b | ₹160.4b | ₹9.8b | 18.9x | 18x | 1.1x |
| Thu, 08 Apr 2021 | ₹169.6b | ₹147.4b | ₹7.1b | 20.2x | 24x | 1.2x |
| Sun, 10 Jan 2021 | ₹169.4b | ₹137.2b | ₹1.3b | 20.3x | 130.7x | 1.2x |
Price to Earnings Ratio
-79.5x
Current Industry PE
- Investors are optimistic on the Indian Agricultural and Farm Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.6x which is higher than its 3-year average PE of 28.7x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- Total earnings for the Agricultural and Farm Machinery industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Indian Agricultural Machinery compare with similar industries?
| IN Market | -2.60% | |
| Industrials | -3.30% | |
| Machinery | -3.42% | |
| Agricultural Machinery | -3.21% | |
| Construction Machinery and Vehicles | -2.58% | |
| Industrial Machinery | -3.83% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ESCORTS Escorts Kubota | ₹3.16k | 1.0% +₹3.3b | 55.2% | PE44.4x | |
| SWARAJENG Swaraj Engines | ₹2.02k | 3.3% +₹793.1m | 26.8% | PE17.9x | |
| 531266 V.S.T. Tillers Tractors | ₹3.52k | 0.8% +₹254.4m | 57.0% | PE26.4x | |
| 536974 Captain Polyplast | ₹25.69 | 5.2% +₹63.5m | 63.6% | PE14.2x | |
| RMDRIP R M Drip and Sprinklers Systems | ₹59.00 | 9.8% +₹54.0m | 269.9% | PE2097.7x |