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Forge Auto International (NSE:FORGEAUTO) Capex-to-Operating-Income : 0.41 (As of Mar. 2024)


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What is Forge Auto International Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Forge Auto International's Capital Expenditure for the six months ended in Mar. 2024 was ₹-50.40 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹124.17 Mil.

Hence, Forge Auto International's Capex-to-Operating-Income for the six months ended in Mar. 2024 was 0.41.

Forge Auto International Capex-to-Operating-Income Historical Data

The historical data trend for Forge Auto International's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Forge Auto International Capex-to-Operating-Income Chart

Forge Auto International Annual Data
Trend Mar22 Mar23 Mar24
Capex-to-Operating-Income
0.55 0.48 0.41

Forge Auto International Semi-Annual Data
Mar22 Mar23 Mar24
Capex-to-Operating-Income 0.55 0.48 0.41

Competitive Comparison of Forge Auto International's Capex-to-Operating-Income

For the Auto Parts subindustry, Forge Auto International's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Forge Auto International's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Forge Auto International's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Forge Auto International's Capex-to-Operating-Income falls into.


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Forge Auto International Capex-to-Operating-Income Calculation

Forge Auto International's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-50.396) / 124.172
=0.41

Forge Auto International's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-50.396) / 124.172
=0.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forge Auto International  (NSE:FORGEAUTO) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

Forge Auto International Capex-to-Operating-Income Related Terms

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Forge Auto International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forge Auto International Ltd (NSE:FORGEAUTO) » Definitions » Capex-to-Operating-Income
Comparable Companies
BOM:539314 NSE:UWCSL BOM:523550 NSE:VIAZ BOM:532933 BOM:513418 BOM:522207 NSE:PREMIUM NSE:PRECISION BOM:513059 ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XTER:CON XTER:KBX XKRX:012330
Traded in Other Exchanges
N/A
Address
Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141001
Website
https://www.failtd.com
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.

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