Amtek auto limited 10 years price vs book value, dividend yield, annualised growth rates, dcf, graham, eps growth and pe valuation prices and other key metrics. Amtek auto lenders have approved usbased hedge fund decan values plan. The amtek group is comprised of corporate entities amtek auto, jmt auto, amtek global technologies and other subsidiaries and associates. Sources present during the hearing on wednesday said lhg contended that there was a huge gap between the book value of fixed assets as per amteks balance sheet and liquidation value of. The company has had consistent profit growth of over 30% in the last 5 years. Amtekauto wacc % explanation, calculation, historical data and more. Nclt to hear amtek auto lenders plea from january 23 the.
The auto parts maker has total debt of rs 12,603 crore. Is it good to buy share which are below book value. Amtek auto, 520077, amtekauto share price, rating, research. Mar 07, 2018 liberty house managed to pip american hedge fund deccan value in the race for amtek auto, which has been under bankruptcy, following default in repayment, sources told toi. Feb 23, 2018 et reported that deccan value, a us registered hedge fund, has emerged as the highest bidder for amtek auto, the auto component maker facing bankruptcy proceedings over defaults of over inr 12,700. Balance sheet of amtek auto ltd amtekauto for last 10 years including book value, equity capital shareholding, liabilities, capital employed, current assets, total assets, cash and bank balance, total debt, cagr growth for 1, 3 5, 7 and 10 years.
Jan 10, 2019 sources present during the hearing on wednesday said lhg contended that there was a huge gap between the book value of fixed assets as per amteks balance sheet and liquidation value of fixed. The offers made by both companies was 92 per cent of the liquidation amount. Amtek india limited price vs book value, keymetrics, pros and. Since the intrinsic value calculations based on discounted cash flow intrinsic value. Get amtek auto stock price details, news, financial results, stock charts, returns. Deccan value emerged as the highest bidder for amtek auto. Castex technologies 201718 annual report analysis annual result update dec 18, 2018 updated on dec 18, 2018.
Total stockholders equity weighting is more art than science and it should always be revisited in more detail when researching a company. Amtek lenders seek to restart process for resolution, liberty. Amtek auto news latest amtek auto news, information. We understand that the deccan value offer is almost on par with the liquidation value, said one person quoted above.
Amtek auto lenders have approved usbased hedge fund decan value s plan. Rediff moneywiz, the personal finance service from equips the user with tools and information in the form of graphs, charts, expert advice, and. Share price, corporate actions, valuation, research report, financials and more complete track record of amtek auto ltd from indias independent mutual fund research house. Londonbased liberty house group lhg didnt furnish a bank guarantee of.
Amtek auto to announce quarterly result nov 12,2019. Dcf earnings based cannot be applied to companies without consistent revenue and earnings, gurufocus developed a valuation model based on normalized free cash flow and book value of the company. With the infrastructure and technology platform developed over 25 years, the group is well positioned in the indian auto and non auto component markets. Amtek auto limited is an integrated component manufacturer. Projected fcf explanation the growth multiple is capped between 8. Auto slump likely to hit amtek auto resolution the economic times. The company has world class facilities in india, europe and north america. Liberty house emerges as top bidder for amtek auto times. It is available through rss feed reader or through some browsers. Liberty house managed to pip american hedge fund deccan value in the race for amtek auto, which has been under bankruptcy, following default in repayment, sources told toi. Amtek india limited 10 years price vs book value, dividend yield, annualised growth rates, dcf, graham, eps growth and pe valuation prices and other key metrics. Amtek auto share price live today 52 week high low stock. Apr, 2018 the committee of creditors of troubled domestic auto parts maker amtek auto on thursday approved the resolution plan submitted by liberty house, clearing the decks for the acquisition by the. Read on for a complete analysis of amtek autos quarterly results.
Its product portfolio includes auto components and assemblies namely engine, transmission and suspension components. Generally the share price is above the book value price but during a recession e. As late as in may 2015, amtek auto acquired a german company thru its singapore based subsdiary. Nclat passed several judgements but many of them failed supreme court perusal.
Amtek auto is headed for liquidation after the national company law appellate tribunal nclat rejected appeals for more time to hammer out a new resolution plan after bid winner liberty house group failed to meet its obligations. Et reported that deccan value, a us registered hedge fund, has emerged as the highest bidder for amtek auto, the auto component maker facing bankruptcy proceedings over. Amtek auto was among the first list of the 12 companies that were referred by the reserve bank of india rbi in 2017 to respective banks for the initiation of. Amtek auto ltd extraordinary shareholders meeting thursday 14th may, 2015. Amtek auto limited price vs book value, keymetrics, pros and cons. The liberty house to justify such default came up with frivolous arguments. Dcf fcf based, or discounted earnings intrinsic value. Amtek auto standalone march 2019 net sales at rs 273. Castex technologies ltd erstwhile amtek india ltd q. Amtek auto fact sheet, amtek auto financial results.
Weightings from 0% to 100% to more than 100% are possible. The committee of creditors of troubled domestic auto parts maker amtek auto on thursday approved the resolution plan submitted by liberty house, clearing the. Positive points 1 largest auto ancillary company in india and among the top 10 in the world as regards capacity. Liberty house emerges as top bidder for amtek auto times of. Sales on the other hand came in at rs 3 bn down 16. Amtek auto limited price vs book value, keymetrics, pros.
Amtek auto stock discussion forum online india, can i buy. Amtek india limited price vs book value, keymetrics, pros. Nclt declined to entertain the application by the liberty house contending that the difference between the book value and the liquidation value of amtek auto ltd. Smart bargain investors buy shares when the current market price is below the book value i. With the current share price at a multiyear low rs. Amtek auto share price, amtek auto stock price, amtek auto. Sign up for paid membership to see the enterprise value. Feb 20, 2018 the liquidation value of amtek auto is pegged at 33 per cent of the outstanding loan. Liberty houses resolution plan approved, all set to take.
Rediff moneywiz, the personal finance service from equips the user with tools and information in the form of graphs, charts, expert advice, and more to stay uptodate and make informed decisions. Company, including debt equity ratio, turnover ratio etc. Amtek auto owes more than rs 12000 crore to lenders and was admitted. For the quarter ended december 2018, amtek auto has posted a net profit of rs 857 m down 6. Book value per share free float in % cash flow per share number of shares in mm pe ratio stock information amtek automore. We are not inclined to give any direction or exclude any period for fresh resolution plan, said the twomember bench led by justice sj mukhopadhaya on friday. Nclat orders liquidation of amtek auto business news. Read on for a complete analysis of amtek auto s quarterly results. Amtek auto share price, amtek auto stock price, amtek auto ltd.
Mar 24, 2015 castex technologies ltd erstwhile amtek india ltd q. Rss feed is a xml file that provides summaries, including links to the full versions of the content. Amtek auto company history business standard news page 1. Amtek lenders seek to restart process for resolution. The bench heard ukbased liberty house groups lhg application, alleging misrepresentation of. In the latest quarter, company has reported gross sales. Hi vijay, please share your views on amtek india ltd. Browse amtek auto stock discussion, ideas, questions and answers online at. Amtek auto balance sheet, amtek auto financial statement.
Company including its revenue recognition, employee benefits, intangible assets and more. Nclt to hear amtek auto lenders plea from january 23. With the infrastructure and technology platform developed over 25 years, the group is well positioned in the indian auto and nonauto component markets. The companys businesses include automotive and joint ventures. Stock amtek auto stock price today markets insider. Amtek auto ltd is one of the largest integrated automotive component manufacturers in india with a strong global presence. The liquidation value of amtek auto is pegged at 33 per cent of the outstanding loan. Lenders of amtek auto on wednesday asked the chandigarh bench of the national company law tribunal nclt to allow it to recommence the process of inviting resolution plans for the asset, even as the bench directed the matter to be heard on a daily basis from january 23.