Force Motors

Force
Motors,
formerlyBajaj
Tempo,is anIndianmanufacturer
ofthree-wheelers,
multi-utility
and cross country vehicles, light
commercial vehicles, tractors,
buses and heavy commercial
vehicles. It was originally named
Firodia Tempo Ltd. and later after
partial
acquisition
byBajaj
Autoas Bajaj Tempo Ltd.

Ratios
Gross Margin

Cash Operating

Ratio
Gross Margin Ratio

Ratio

Cash Operating Margin

40.00

60.00

35.6204
51.3986
45.00

30.00

30.00

20.00

15.00

10.00

10.8102
7.5327

11.1517
7.2946

8.7248

8.7362

4.765

4.5262
0.00
2012

2013

2014

2015

2016

0.00
2012

2013

2014

2015

2016

Operating Margin

Net Margin

Net Margin

Operating Margin
30.00

40.00

26.5293
33.6778
30.00

22.50

20.00

15.00

10.00

7.50
7.9342

5.6131

5.399
3.4531
0.00
2012

1.3372
2013

2014

2015

2016

0.00
2012

3.7358

4.1616

2014

2015

0.6977
2013

2016

Earnings per Share

700.00

Current Ratio

Earning per Share

Current Ratio

625.4401

3.25

525.00
2.60

350.00

1.95

1.30

175.00

2.5952

136.1305
58.9454
0.00
2012

76.9044

1.7862

1.8307

2013

2014

1.7

1.7238

2015

2016

0.65

10.8346
2013

2014

2015

2016
0.00
2012

Quick Ratio

Debt Equity Ratio

Quick Ratio

Debt-Equity Ratio

2.13

0.060

1.70
0.045

1.28
0.030
0.85

0.0522

1.6997

0.0431
0.0364
0.9554

0.43

1.0137

1.0281

0.9481

0.015
0.0158
0.0091
0.000

0.00
2012

2013

2014

2015

2016

2012

2013

2014

2015

2016

Financial Leverage
Ratio

Interest Coverage
Ratio

Financial Leverage Ratio

1.10

Intrest Coverage Ratio

60.00

1.08
45.00
1.06

1.04

30.00
53.845

1.085
1.0638

1.02

1.0632
1.0334

1.00

15.00

29.5858

1.027

0.98

18.4951
3.2049

0.00
2012

2013

2014

2015

2016

2012

2013

7.488
2014

2015

2016

Assets Turnover Ratio

Working Capital Turnover

Ratio

Asset Turnover Ratio

Working Capital Turnover Ratio

7.00

3.25

2.60
5.25

1.95
3.50
1.30

2.5048

1.5954

2013

2014

1.7898

5.4216

2013

2014

5.9556

6.2567

4.813

2.1024
1.6688

5.6673

1.75

0.65

0.00

0.00
2012

2015

2016

2012

2015

2016

Price Earnings
Multiple

Market Capitalisation

Price Earning Multiple

400.00

Market Capitalisation
6000

5102.2416
300.00

4500
4081.9119

200.00

3000
357.2998

100.00

1500

65.6744
0.00

50.3378

6.1896
2012

2013

2014

2015

627.4339
28.4374
2016

0
2012

1416.9818

492.8661
2013

2014

2015

2016