Risk factor
Strong & resilient to price shocks
Profitability factor
Very strong margins and returns
About
Hero MotoCorp Limited is a major producer and distributor of powered two-wheel vehicles, such as motorcycles and scooters. The company also supplies engines, various spare parts, and related services. Its operational footprint spans across a wide range of international markets, including countries in Asia, Central and Latin America, and the African and Middle Eastern regions. A significant move includes its strategic collaboration with Gogoro Inc., aimed at fostering the adoption of sustainable electric transportation solutions within India. Established in 1984, the company was formerly recognized as Hero Honda Motors Ltd. until its official renaming to Hero MotoCorp Limited in July 2011. Its primary base of operations is located in New Delhi, India.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of HEROMOTOCO.NS is 5978 and suggests 20.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendatio