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PHILIPCARB Share Price Target
Phillips Carbon Black Ltd.
Sector: Tyres
Sector: Tyres
PHILIPCARB Share Price *
125.3 -0.25 (-0.2%)
* (quote may be delayed)
PHILIPCARB Share Price Forecast - Consensus
| No. of reports in last year | 4 |
| No. of analysts | 2 |
| Average Consensus Forecast | 215.00 |
| Consensus Potential | 36.44% |
PHILIPCARB Share Price Target - Broker Reports - 2019
ICICIdirect.com
9-Aug-19
Price @ Call: 118.37
Target: 150
BUY
FY19 was a superlative year for PCBL with EBITA margins inching up to 20%, primarily driven by tight demand-supply situation in domestic market. With demand situation now normalised and with one-offs behind it, we expect normalcy in earnings to prevail from Q2FY19 onwards with EBITDA margin expectation of ~16% vs. 12.4% clocked in Q1FY20. We value PCBL at | 150 i.e. 5x EV/EBITDA on FY21E numbers and assign a BUY rating to stock. We drive comfort from healthy CFO yield (>15%) & return ratios profile (>15%).
ICICIdirect.com
23-May-19
Price @ Call: 134.5
Target: 160
BUY
PCBL has moved up the ladder and is now a capital efficient player (RoCE ~20%) clocking EBITDA margins of 15%+ with controlled leverage (debt: equity at 0.5x) and prudent working capital cycle (< 60 days). Given the present transitory phase in the auto space and steady base case earnings at PCBL we change our valuation methodology from P/E to EV/EBITDA. We value PCBL at Rs 160 i.e. 5x EV/EBITDA on FY21E numbers and assign a BUY rating on the stock. We also derive comfort from average CFO yield over FY19-21E at 16% & with limited capex spend, FCF yield placed at 5.5%.
Edelweiss
23-Jan-19
Price @ Call: 180.64
Target: 300
BUY
ICICIdirect.com
17-Jan-19
Price @ Call: 207.8
Target: 250
BUY
PHILIPCARB Share Price Target - Broker Reports - 2018
ICICIdirect.com
4-Jan-18
Price @ Call: 251.81
Target: 340
BUY
PHILIPCARB Share Price Target - Broker Reports - 2017
ICICIdirect.com
6-Sep-17
Price @ Call: 156.6
Target: 206
BUY
ICICIdirect.com
21-Jun-17
Price @ Call: 125
Target: 165
BUY
AnandRathi
6-Jun-17
Price @ Call: 89.59
Target: 109.4
ACCUMULATE
ICICIdirect.com
26-May-17
Price @ Call: 79.35
Target: 110
BUY
ICICIdirect.com
28-Mar-17
Price @ Call: 63
Target: 83
BUY
ICICIdirect.com
19-Jan-17
Price @ Call: 51
Target: 70
BUY
PHILIPCARB Share Price Target - Broker Reports - 2016
Dynamic Levels
2-Dec-16
Price @ Call: 220
Target: 285
BUY
ICICIdirect.com
11-Nov-16
Price @ Call: 240
Target: 300
BUY