Forge Auto International Limited, an engineering company, engages in the forging, manufacturing, and sale of forged and precision machined components in India. It offers suspension rings, ball studs, gear blanks with and without broach, stub axle assemblies, double steering arms, innenteils, flange yokes, forks, and break drums, as well as striking tool, agricultural tool, and wheel coupling assembly products. The company’s products are used in agriculture equipment, automotive, castor wheel, construction, defense, heavy commercial vehicle, railway, striking tool, and tractor. It also exports its products to France, Germany, Poland, Brazil, Austria, Turkey, and United States. The company was founded in 2001 and is based in Ludhiana, India.
Metrics to compare | FORG | Peers Peers - average of corresponding metrics from companies closely matching FORG: AUTOIND, OMAXAUTO, DYNAMATECH, SHIVAMAUTO, BHARATGEAR | Sector Sector - Average of metrics from a broad group of related sector companies | Relationship RelationshipFORGPeersSector |
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P/E Ratio | - | 19.2x | 11.0x | |
PEG Ratio | - | 0.13 | 0.02 | |
Price/Book | 4.9x | 1.7x | 1.4x | |
Price / LTM Sales | - | 0.9x | 0.9x | |
Upside (Analyst Target) | - | 36.5% | 19.7% | |
Fair Value Upside | Unlock | 1.0% | 9.6% | Unlock |