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SCHAEFFLER - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 02 Feb 26, 01:19 pm

Fundamental Rating: 4.0

Stock Code SCHAEFFLER Market Cap 56,210 Cr. Current Price 3,600 ₹ High / Low 4,393 ₹
Stock P/E 50.3 Book Value 352 ₹ Dividend Yield 0.78 % ROCE 25.7 %
ROE 19.2 % Face Value 2.00 ₹ DMA 50 3,795 ₹ DMA 200 3,851 ₹
Chg in FII Hold -0.01 % Chg in DII Hold -0.02 % PAT Qtr 307 Cr. PAT Prev Qtr 296 Cr.
RSI 36.0 MACD -65.9 Volume 20,405 Avg Vol 1Wk 51,612
Low price 2,823 ₹ High price 4,393 ₹ PEG Ratio 3.18 Debt to equity 0.01
52w Index 49.5 % Qtr Profit Var 24.1 % EPS 71.5 ₹ Industry PE 28.0

📊 Core Financials

  • Quarterly PAT at 307 Cr vs 296 Cr previously, showing steady earnings growth (+24.1% YoY).
  • ROE at 19.2% and ROCE at 25.7% reflect strong capital efficiency and profitability.
  • Debt-to-equity ratio at 0.01 indicates a virtually debt-free balance sheet.
  • EPS at 71.5 ₹ provides a solid earnings base, backed by consistent performance.

💹 Valuation Indicators

  • P/E ratio: 50.3, significantly higher than industry average of 28.0, suggesting overvaluation.
  • P/B ratio: ~10.2 (3,600 ₹ / 352 ₹ book value), showing premium pricing.
  • PEG ratio: 3.18, indicating valuation is expensive relative to growth.
  • Intrinsic value appears lower than current price, limited margin of safety.

🏢 Business Model & Competitive Advantage

  • Schaeffler operates in automotive and industrial bearings, precision components, and motion systems.
  • Competitive advantage lies in advanced engineering, global presence, and strong OEM partnerships.
  • Exposure to EV and industrial automation provides long-term growth opportunities.

📈 Entry Zone & Long-Term Guidance

  • Entry zone: 3,300–3,500 ₹ range (near support levels and RSI at 36.0, oversold zone).
  • Long-term holding viable for investors seeking exposure to auto and industrial engineering growth.
  • Accumulation should be cautious due to stretched valuations despite strong fundamentals.

Positive

  • Strong ROCE (25.7%) and ROE (19.2%).
  • Debt-free balance sheet (Debt-to-equity 0.01).
  • Consistent PAT growth and solid EPS base.

Limitation

  • High P/E (50.3) compared to industry average (28.0).
  • PEG ratio at 3.18 indicates expensive growth-adjusted valuation.
  • Dividend yield at 0.78% is modest.

Company Negative News

  • FII holdings decreased slightly (-0.01%) and DII holdings also declined (-0.02%).
  • Stock trading below 50 DMA (3,795 ₹) and 200 DMA (3,851 ₹), reflecting bearish trend.

Company Positive News

  • Quarterly PAT growth (+24.1% YoY) demonstrates strong operational performance.
  • Debt-free operations provide financial resilience.

Industry

  • Industry PE at 28.0, much lower than Schaeffler’s 50.3, highlighting sector undervaluation relative to Schaeffler.
  • Automotive and industrial engineering sector expected to grow steadily with EV adoption and automation demand.

Conclusion

  • Schaeffler is fundamentally strong with high returns and debt-free operations.
  • Valuations remain stretched, making accumulation near 3,300–3,500 ₹ more attractive.
  • Best suited for long-term investors seeking exposure to auto and industrial engineering growth, but caution advised due to premium valuations.

I can also extend this into a peer comparison with SKF India and Timken India to highlight how Schaeffler stacks up in valuation and profitability. Would you like me to draft that next?

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