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Sundaram Fasteners (NSE:SUNDRMFAST) Profitability Rank : 9 (As of Dec. 2023)


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What is Sundaram Fasteners Profitability Rank?

Sundaram Fasteners has the Profitability Rank of 9. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Sundaram Fasteners's Operating Margin % for the quarter that ended in Dec. 2023 was 10.80%. As of today, Sundaram Fasteners's Piotroski F-Score is 6.


Competitive Comparison of Sundaram Fasteners's Profitability Rank

For the Auto Parts subindustry, Sundaram Fasteners's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Sundaram Fasteners's Profitability Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sundaram Fasteners's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Sundaram Fasteners's Profitability Rank falls into.



Sundaram Fasteners Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Sundaram Fasteners has the Profitability Rank of 9. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Sundaram Fasteners's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1476 / 13672.5
=10.80 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Sundaram Fasteners has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Sundaram Fasteners Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.4%.

4. Consistency of the profitability

5. Predictability Rank


Sundaram Fasteners Profitability Rank Related Terms

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Sundaram Fasteners (NSE:SUNDRMFAST) Business Description

Traded in Other Exchanges
Address
No. 98-A, VII Floor, Dr. Radhakrishnan Salai, Mylapore, Chennai, TN, IND, 600 004
Sundaram Fasteners Ltd is an Indian producer of fasteners and metal components used in the automotive and industrial industries. The product range consists of high-tensile fasteners, powder metal components, cold extruded parts, hot forged components, radiator caps, automotive pumps, gear shifters, gears and couplings, hubs, and shafts, tappets, and iron powder. Sundaram Fasteners is part of the TVS Group. Its geographical segments are India, the United States, the United Kingdom, China, and the Rest of the World. Majority of the company's revenue is derived from India segment.

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