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National Tyre & Wheel Ltd
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Let's analyse National Tyre & Wheel Ltd together

PenkeI guess you are interested in National Tyre & Wheel Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of National Tyre & Wheel Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of National Tyre & Wheel Ltd (30 sec.)










What can you expect buying and holding a share of National Tyre & Wheel Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
96.6%

What is your share worth?

Current worth
A$0.85
Expected worth in 1 year
A$0.88
How sure are you?
86.2%

+ What do you gain per year?

Total Gains per Share
A$0.03
Return On Investment
4.2%

For what price can you sell your share?

Current Price per Share
A$0.65
Expected price per share
A$0.48 - A$0.625
How sure are you?
50%

1. Valuation of National Tyre & Wheel Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.65

Intrinsic Value Per Share

A$4.22 - A$5.02

Total Value Per Share

A$5.07 - A$5.87

2. Growth of National Tyre & Wheel Ltd (5 min.)




Is National Tyre & Wheel Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$76.6m$73.1m$2.5m3.3%

How much money is National Tyre & Wheel Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1.8m$568.7k$1.2m68.5%
Net Profit Margin1.3%0.0%--

How much money comes from the company's main activities?

3. Financial Health of National Tyre & Wheel Ltd (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#418 / 564

Most Revenue
#243 / 564

Most Profit
#353 / 564

Most Efficient
#389 / 564

What can you expect buying and holding a share of National Tyre & Wheel Ltd? (5 min.)

Welcome investor! National Tyre & Wheel Ltd's management wants to use your money to grow the business. In return you get a share of National Tyre & Wheel Ltd.

What can you expect buying and holding a share of National Tyre & Wheel Ltd?

First you should know what it really means to hold a share of National Tyre & Wheel Ltd. And how you can make/lose money.

Speculation

The Price per Share of National Tyre & Wheel Ltd is A$0.645. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of National Tyre & Wheel Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in National Tyre & Wheel Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.85. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.03 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of National Tyre & Wheel Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.000.7%0.012.0%0.000.3%0.011.7%0.011.6%
Usd Book Value Change Per Share0.000.5%0.000.7%0.022.6%0.012.0%0.023.0%
Usd Dividend Per Share0.000.0%0.000.0%0.011.2%0.011.0%0.011.4%
Usd Total Gains Per Share0.000.5%0.000.7%0.023.8%0.022.9%0.034.4%
Usd Price Per Share0.51-0.41-0.57-0.47-0.43-
Price to Earnings Ratio30.06-13.96--0.54-8.16-4.83-
Price-to-Total Gains Ratio152.93-48.10-20.70-74.41-67.44-
Price to Book Ratio0.91-0.75-1.06-1.08-1.09-
Price-to-Total Gains Ratio152.93-48.10-20.70-74.41-67.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.4207335
Number of shares2376
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.02
Gains per Quarter (2376 shares)10.5644.89
Gains per Year (2376 shares)42.23179.56
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10423260120170
208474120239350
30127116180359530
40169158240478710
50211200300598890
602532423607171070
702962844208371250
803383264809561430
9038036854010761610
10042241060011951790

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.00.00.0100.0%9.02.00.081.8%17.02.00.089.5%25.04.00.086.2%25.04.00.086.2%
Book Value Change Per Share2.01.00.066.7%6.02.03.054.5%9.04.06.047.4%13.06.010.044.8%13.06.010.044.8%
Dividend per Share2.00.01.066.7%10.00.01.090.9%18.00.01.094.7%28.00.01.096.6%28.00.01.096.6%
Total Gains per Share2.01.00.066.7%9.02.00.081.8%16.03.00.084.2%25.04.00.086.2%25.04.00.086.2%

Fundamentals of National Tyre & Wheel Ltd

About National Tyre & Wheel Ltd

National Tyre & Wheel Limited, together with its subsidiaries, engages in the marketing and distribution of motor vehicle tires, wheels, tubes, and related products in Australia, New Zealand, and South Africa. Its products include truck and bus tyres, 4WD tyres, agricultural and off-the-road tyres, 4WD wheels, industrial tyres, original equipment tyres and wheels, and budget tires. National Tyre & Wheel Limited was founded in 1989 and is headquartered in Hamilton, Australia.

Fundamental data was last updated by Penke on 2024-03-11 12:06:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of National Tyre & Wheel Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit National Tyre & Wheel Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare National Tyre & Wheel Ltd to the Auto Parts industry mean.
  • A Net Profit Margin of 0.3% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of National Tyre & Wheel Ltd:

  • The MRQ is 0.3%. The company is not making a profit/loss.
  • The TTM is 1.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM1.3%-0.9%
TTM1.3%YOY0.0%+1.2%
TTM1.3%5Y2.0%-0.7%
5Y2.0%10Y2.3%-0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%3.9%-3.6%
TTM1.3%3.6%-2.3%
YOY0.0%3.5%-3.5%
5Y2.0%2.9%-0.9%
10Y2.3%4.0%-1.7%
1.1.2. Return on Assets

Shows how efficient National Tyre & Wheel Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare National Tyre & Wheel Ltd to the Auto Parts industry mean.
  • 0.2% Return on Assets means that National Tyre & Wheel Ltd generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of National Tyre & Wheel Ltd:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.7%-0.5%
TTM0.7%YOY0.2%+0.5%
TTM0.7%5Y1.2%-0.5%
5Y1.2%10Y1.1%+0.1%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%1.2%-1.0%
TTM0.7%1.0%-0.3%
YOY0.2%1.0%-0.8%
5Y1.2%1.0%+0.2%
10Y1.1%1.2%-0.1%
1.1.3. Return on Equity

Shows how efficient National Tyre & Wheel Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare National Tyre & Wheel Ltd to the Auto Parts industry mean.
  • 0.8% Return on Equity means National Tyre & Wheel Ltd generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of National Tyre & Wheel Ltd:

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM2.5%-1.7%
TTM2.5%YOY0.8%+1.7%
TTM2.5%5Y3.3%-0.9%
5Y3.3%10Y2.9%+0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%2.4%-1.6%
TTM2.5%2.2%+0.3%
YOY0.8%2.1%-1.3%
5Y3.3%1.8%+1.5%
10Y2.9%2.3%+0.6%

1.2. Operating Efficiency of National Tyre & Wheel Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient National Tyre & Wheel Ltd is operating .

  • Measures how much profit National Tyre & Wheel Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare National Tyre & Wheel Ltd to the Auto Parts industry mean.
  • An Operating Margin of 2.3% means the company generated $0.02  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of National Tyre & Wheel Ltd:

  • The MRQ is 2.3%. The company is operating less efficient.
  • The TTM is 2.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.9%-0.6%
TTM2.9%YOY1.0%+1.9%
TTM2.9%5Y3.0%-0.1%
5Y3.0%10Y3.2%-0.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%6.0%-3.7%
TTM2.9%3.6%-0.7%
YOY1.0%4.6%-3.6%
5Y3.0%4.9%-1.9%
10Y3.2%4.8%-1.6%
1.2.2. Operating Ratio

Measures how efficient National Tyre & Wheel Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 0.98 means that the operating costs are $0.98 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of National Tyre & Wheel Ltd:

  • The MRQ is 0.977. The company is less efficient in keeping operating costs low.
  • The TTM is 0.971. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.977TTM0.971+0.006
TTM0.971YOY0.740+0.231
TTM0.9715Y0.751+0.220
5Y0.75110Y0.796-0.045
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9771.618-0.641
TTM0.9711.616-0.645
YOY0.7401.621-0.881
5Y0.7511.568-0.817
10Y0.7961.278-0.482

1.3. Liquidity of National Tyre & Wheel Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if National Tyre & Wheel Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 2.24 means the company has $2.24 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of National Tyre & Wheel Ltd:

  • The MRQ is 2.245. The company is able to pay all its short-term debts. +1
  • The TTM is 2.165. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.245TTM2.165+0.079
TTM2.165YOY1.945+0.220
TTM2.1655Y2.201-0.036
5Y2.20110Y1.966+0.235
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2451.649+0.596
TTM2.1651.646+0.519
YOY1.9451.604+0.341
5Y2.2011.579+0.622
10Y1.9661.351+0.615
1.3.2. Quick Ratio

Measures if National Tyre & Wheel Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare National Tyre & Wheel Ltd to the Auto Parts industry mean.
  • A Quick Ratio of 0.92 means the company can pay off $0.92 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of National Tyre & Wheel Ltd:

  • The MRQ is 0.922. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.944. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.922TTM0.944-0.022
TTM0.944YOY0.899+0.045
TTM0.9445Y0.879+0.064
5Y0.87910Y0.804+0.075
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9220.698+0.224
TTM0.9440.714+0.230
YOY0.8990.742+0.157
5Y0.8790.752+0.127
10Y0.8040.782+0.022

1.4. Solvency of National Tyre & Wheel Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of National Tyre & Wheel Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare National Tyre & Wheel Ltd to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.69 means that National Tyre & Wheel Ltd assets are financed with 68.7% credit (debt) and the remaining percentage (100% - 68.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of National Tyre & Wheel Ltd:

  • The MRQ is 0.687. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.691. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.687TTM0.691-0.004
TTM0.691YOY0.711-0.020
TTM0.6915Y0.602+0.090
5Y0.60210Y0.515+0.087
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6870.497+0.190
TTM0.6910.497+0.194
YOY0.7110.497+0.214
5Y0.6020.497+0.105
10Y0.5150.487+0.028
1.4.2. Debt to Equity Ratio

Measures if National Tyre & Wheel Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare National Tyre & Wheel Ltd to the Auto Parts industry mean.
  • A Debt to Equity ratio of 224.9% means that company has $2.25 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of National Tyre & Wheel Ltd:

  • The MRQ is 2.249. The company is just not able to pay all its debts with equity.
  • The TTM is 2.298. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.249TTM2.298-0.049
TTM2.298YOY2.549-0.251
TTM2.2985Y1.772+0.526
5Y1.77210Y1.393+0.379
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2491.014+1.235
TTM2.2981.017+1.281
YOY2.5491.031+1.518
5Y1.7721.040+0.732
10Y1.3931.047+0.346

2. Market Valuation of National Tyre & Wheel Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings National Tyre & Wheel Ltd generates.

  • Above 15 is considered overpriced but always compare National Tyre & Wheel Ltd to the Auto Parts industry mean.
  • A PE ratio of 30.06 means the investor is paying $30.06 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of National Tyre & Wheel Ltd:

  • The EOD is 24.855. Based on the earnings, the company is fair priced.
  • The MRQ is 30.057. Based on the earnings, the company is overpriced. -1
  • The TTM is 13.964. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD24.855MRQ30.057-5.202
MRQ30.057TTM13.964+16.093
TTM13.964YOY-0.545+14.509
TTM13.9645Y8.155+5.809
5Y8.15510Y4.835+3.321
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD24.85512.519+12.336
MRQ30.05711.721+18.336
TTM13.96412.530+1.434
YOY-0.54515.239-15.784
5Y8.15516.864-8.709
10Y4.83521.191-16.356
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of National Tyre & Wheel Ltd:

  • The EOD is 2.469. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.986. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.151. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.469MRQ2.986-0.517
MRQ2.986TTM2.151+0.835
TTM2.151YOY-6.660+8.812
TTM2.1515Y-8.849+11.000
5Y-8.84910Y-3.763-5.086
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD2.4695.310-2.841
MRQ2.9864.924-1.938
TTM2.1513.607-1.456
YOY-6.6601.026-7.686
5Y-8.8492.264-11.113
10Y-3.7632.514-6.277
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of National Tyre & Wheel Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 0.91 means the investor is paying $0.91 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of National Tyre & Wheel Ltd:

  • The EOD is 0.755. Based on the equity, the company is cheap. +2
  • The MRQ is 0.913. Based on the equity, the company is cheap. +2
  • The TTM is 0.754. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.755MRQ0.913-0.158
MRQ0.913TTM0.754+0.159
TTM0.754YOY1.061-0.306
TTM0.7545Y1.076-0.322
5Y1.07610Y1.088-0.012
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD0.7551.521-0.766
MRQ0.9131.481-0.568
TTM0.7541.516-0.762
YOY1.0611.624-0.563
5Y1.0761.700-0.624
10Y1.0882.242-1.154
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of National Tyre & Wheel Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of National Tyre & Wheel Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0050.007-25%0.026-80%0.019-74%0.029-83%
Book Value Per Share--0.8540.838+2%0.827+3%0.669+28%0.560+53%
Current Ratio--2.2452.165+4%1.945+15%2.201+2%1.966+14%
Debt To Asset Ratio--0.6870.691-1%0.711-3%0.602+14%0.515+34%
Debt To Equity Ratio--2.2492.298-2%2.549-12%1.772+27%1.393+61%
Dividend Per Share---0.000-100%0.012-100%0.010-100%0.014-100%
Eps--0.0060.020-68%0.003+143%0.017-62%0.015-58%
Free Cash Flow Per Share--0.0650.076-14%0.033+97%0.023+182%0.020+226%
Free Cash Flow To Equity Per Share--0.0020.033-94%0.025-92%0.040-95%0.035-94%
Gross Profit Margin--1.0000.662+51%1.714-42%0.830+20%0.741+35%
Intrinsic Value_10Y_max--5.017--------
Intrinsic Value_10Y_min--4.215--------
Intrinsic Value_1Y_max--0.193--------
Intrinsic Value_1Y_min--0.190--------
Intrinsic Value_3Y_max--0.817--------
Intrinsic Value_3Y_min--0.775--------
Intrinsic Value_5Y_max--1.725--------
Intrinsic Value_5Y_min--1.580--------
Market Cap86517720.000-24%107245150.74087651138.710+22%119043580.949-10%98027196.838+9%89016748.273+20%
Net Profit Margin--0.0030.013-73%0.000+588%0.020-83%0.023-85%
Operating Margin--0.0230.029-19%0.010+128%0.030-22%0.032-27%
Operating Ratio--0.9770.971+1%0.740+32%0.751+30%0.796+23%
Pb Ratio0.755-21%0.9130.754+21%1.061-14%1.076-15%1.088-16%
Pe Ratio24.855-21%30.05713.964+115%-0.545+102%8.155+269%4.835+522%
Price Per Share0.645-21%0.7800.633+23%0.876-11%0.725+8%0.660+18%
Price To Free Cash Flow Ratio2.469-21%2.9862.151+39%-6.660+323%-8.849+396%-3.763+226%
Price To Total Gains Ratio126.459-21%152.92748.104+218%20.695+639%74.407+106%67.438+127%
Quick Ratio--0.9220.944-2%0.899+3%0.879+5%0.804+15%
Return On Assets--0.0020.007-68%0.002+18%0.012-80%0.011-78%
Return On Equity--0.0080.025-68%0.008-2%0.033-77%0.029-73%
Total Gains Per Share--0.0050.007-25%0.038-87%0.029-82%0.044-88%
Usd Book Value--76624376.40075698980.133+1%73163599.076+5%59074176.306+30%49353647.852+55%
Usd Book Value Change Per Share--0.0030.004-25%0.017-80%0.013-74%0.019-83%
Usd Book Value Per Share--0.5570.547+2%0.539+3%0.436+28%0.365+53%
Usd Dividend Per Share---0.000-100%0.008-100%0.006-100%0.009-100%
Usd Eps--0.0040.013-68%0.002+143%0.011-62%0.010-58%
Usd Free Cash Flow--5856349.4006835016.833-14%2997807.725+95%2079635.395+182%1667882.740+251%
Usd Free Cash Flow Per Share--0.0430.049-14%0.022+97%0.015+182%0.013+226%
Usd Free Cash Flow To Equity Per Share--0.0010.022-94%0.016-92%0.026-95%0.023-94%
Usd Market Cap56435508.756-24%69956011.82857174837.781+22%77652127.853-10%63943140.498+9%58065624.899+20%
Usd Price Per Share0.421-21%0.5090.413+23%0.572-11%0.473+8%0.431+18%
Usd Profit--581851.6001806109.983-68%568724.063+2%1871414.368-69%1461832.416-60%
Usd Revenue--172763611.900150965594.083+14%122370256.938+41%83829888.189+106%62741711.678+175%
Usd Total Gains Per Share--0.0030.004-25%0.025-87%0.019-82%0.028-88%
 EOD+4 -4MRQTTM+12 -24YOY+20 -165Y+15 -2110Y+15 -21

4.2. Fundamental Score

Let's check the fundamental score of National Tyre & Wheel Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.855
Price to Book Ratio (EOD)Between0-10.755
Net Profit Margin (MRQ)Greater than00.003
Operating Margin (MRQ)Greater than00.023
Quick Ratio (MRQ)Greater than10.922
Current Ratio (MRQ)Greater than12.245
Debt to Asset Ratio (MRQ)Less than10.687
Debt to Equity Ratio (MRQ)Less than12.249
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.002
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of National Tyre & Wheel Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.445
Ma 20Greater thanMa 500.538
Ma 50Greater thanMa 1000.616
Ma 100Greater thanMa 2000.696
OpenGreater thanClose0.600
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-12-31
Long-term Assets Other  -127,2190-127,219-2,129-129,3480-129,348179,37650,028



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets375,188
Total Liabilities257,720
Total Stockholder Equity114,615
 As reported
Total Liabilities 257,720
Total Stockholder Equity+ 114,615
Total Assets = 375,188

Assets

Total Assets375,188
Total Current Assets238,852
Long-term Assets136,336
Total Current Assets
Cash And Cash Equivalents 31,202
Net Receivables 66,874
Inventory 132,650
Other Current Assets 8,126
Total Current Assets  (as reported)238,852
Total Current Assets  (calculated)238,852
+/- 0
Long-term Assets
Property Plant Equipment 84,812
Long-term Assets Other 50,028
Long-term Assets  (as reported)136,336
Long-term Assets  (calculated)134,840
+/- 1,496

Liabilities & Shareholders' Equity

Total Current Liabilities106,416
Long-term Liabilities151,304
Total Stockholder Equity114,615
Total Current Liabilities
Short-term Debt 23,008
Accounts payable 70,599
Other Current Liabilities 12,809
Total Current Liabilities  (as reported)106,416
Total Current Liabilities  (calculated)106,416
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)151,304
Long-term Liabilities  (calculated)0
+/- 151,304
Total Stockholder Equity
Common Stock94,569
Retained Earnings 20,183
Accumulated Other Comprehensive Income -137
Total Stockholder Equity (as reported)114,615
Total Stockholder Equity (calculated)114,615
+/-0
Other
Cash and Short Term Investments 31,202
Common Stock Shares Outstanding 137,494
Liabilities and Stockholders Equity 375,188
Net Debt 137,858
Net Working Capital 132,436
Short Long Term Debt Total 169,060



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-12-312023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-30
> Total Assets 
72,970
0
0
84,139
84,139
98,916
98,916
121,592
121,592
114,138
114,138
118,205
118,205
127,739
127,739
0
125,195
0
250,280
0
268,438
0
344,435
405,494
405,494
373,146
373,146
376,047
376,047
375,188
375,188376,047376,047373,146373,146405,494405,494344,4350268,4380250,2800125,1950127,739127,739118,205118,205114,138114,138121,592121,59298,91698,91684,13984,1390072,970
   > Total Current Assets 
0
0
0
0
0
74,247
74,247
95,504
95,504
88,691
88,691
94,313
94,313
93,200
93,200
92,141
92,141
184,037
184,037
206,837
206,837
252,064
252,064
269,209
269,209
245,434
245,434
245,232
245,232
238,852
238,852245,232245,232245,434245,434269,209269,209252,064252,064206,837206,837184,037184,03792,14192,14193,20093,20094,31394,31388,69188,69195,50495,50474,24774,24700000
       Cash And Cash Equivalents 
0
0
0
0
0
16,044
16,044
19,608
19,608
13,580
13,580
19,554
19,554
17,717
17,717
0
25,859
0
22,246
0
28,905
0
45,009
35,826
35,826
19,289
19,289
33,040
33,040
31,202
31,20233,04033,04019,28919,28935,82635,82645,009028,905022,246025,859017,71717,71719,55419,55413,58013,58019,60819,60816,04416,04400000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
140
0
642
151
136
0
103
151
151
0
01511511030136151642014000000000000000000000
       Net Receivables 
18,376
0
0
19,840
19,840
19,350
19,350
25,900
25,900
20,597
20,597
24,891
24,679
19,510
19,510
23,215
23,215
61,622
61,622
71,915
71,807
72,179
72,179
98,425
99,756
84,406
85,493
77,044
76,743
66,874
66,87476,74377,04485,49384,40699,75698,42572,17972,17971,80771,91561,62261,62223,21523,21519,51019,51024,67924,89120,59720,59725,90025,90019,35019,35019,84019,8400018,376
       Other Current Assets 
164
0
0
269
269
482
482
1,107
2,242
1,982
1,982
37
13
1,490
1,490
0
1,580
3,492
3,492
587
108
0
0
115
6,494
6,983
5,896
5,209
5,661
8,126
8,1265,6615,2095,8966,9836,494115001085873,4923,4921,58001,4901,49013371,9821,9822,2421,10748248226926900164
   > Long-term Assets 
0
0
0
0
0
0
0
0
26,088
0
0
0
23,892
0
0
0
33,054
0
0
0
61,601
0
0
136,285
136,285
127,219
127,712
129,348
130,815
136,336
136,336130,815129,348127,712127,219136,285136,2850061,60100033,05400023,89200026,08800000000
       Property Plant Equipment 
3,151
0
0
3,245
3,245
3,599
3,599
3,917
3,917
3,925
3,925
3,579
3,579
14,808
14,808
15,415
15,415
46,488
46,488
43,711
43,711
57,045
57,045
81,898
81,898
74,244
74,244
78,007
78,007
84,812
84,81278,00778,00774,24474,24481,89881,89857,04557,04543,71143,71146,48846,48815,41515,41514,80814,8083,5793,5793,9253,9253,9173,9173,5993,5993,2453,245003,151
       Goodwill 
755
0
0
3,094
3,094
7,071
7,071
8,878
8,878
0
0
8,878
8,878
0
0
0
7,567
0
0
0
7,567
0
0
29,000
29,000
0
0
29,245
29,245
0
029,24529,2450029,00029,000007,5670007,5670008,8788,878008,8788,8787,0717,0713,0943,09400755
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
623
0
0
0
76
0
076000623000000000000000000000000
       Intangible Assets 
7,886
0
0
14,591
14,591
18,652
11,581
13,289
13,289
21,237
21,237
11,435
11,435
19,629
19,629
0
9,172
0
16,216
0
8,131
0
35,267
24,764
53,764
52,975
52,975
22,020
51,265
0
051,26522,02052,97552,97553,76424,76435,26708,131016,21609,172019,62919,62911,43511,43521,23721,23713,28913,28911,58118,65214,59114,591007,886
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
23,892
0
0
0
0
0
0
0
116
0
0
1,467
-136,163
-127,219
-127,219
-129,348
-129,348
50,028
50,028-129,348-129,348-127,219-127,219-136,1631,46700116000000023,892000000000000
> Total Liabilities 
35,499
0
0
40,766
40,766
37,904
40,765
54,929
54,929
45,358
48,680
47,461
47,461
58,219
61,588
0
56,350
0
169,561
0
176,625
0
246,602
293,028
293,028
261,287
261,287
260,707
260,707
257,720
257,720260,707260,707261,287261,287293,028293,028246,6020176,6250169,561056,350061,58858,21947,46147,46148,68045,35854,92954,92940,76537,90440,76640,7660035,499
   > Total Current Liabilities 
30,706
0
0
29,872
29,872
30,326
30,326
40,809
40,809
31,646
31,646
34,657
34,657
37,889
37,889
33,725
33,725
99,709
99,709
107,827
107,827
120,264
120,264
142,870
142,870
122,351
122,351
115,386
115,386
106,416
106,416115,386115,386122,351122,351142,870142,870120,264120,264107,827107,82799,70999,70933,72533,72537,88937,88934,65734,65731,64631,64640,80940,80930,32630,32629,87229,8720030,706
       Short-term Debt 
0
0
0
0
0
1,200
1,200
1,436
1,615
1,857
1,857
1,455
2,040
1,608
1,608
0
3,298
0
0
0
12,450
0
0
23,566
23,566
0
22,444
0
20,863
23,008
23,00820,863022,444023,56623,5660012,4500003,29801,6081,6082,0401,4551,8571,8571,6151,4361,2001,20000000
       Short Long Term Debt 
0
0
0
0
0
1,200
1,200
1,436
1,436
1,857
1,857
1,455
1,932
1,608
1,608
0
0
0
0
0
2,954
0
0
0
7,550
0
0
0
4,961
0
04,9610007,5500002,954000001,6081,6081,9321,4551,8571,8571,4361,4361,2001,20000000
       Accounts payable 
24,566
0
0
23,325
23,325
24,063
24,063
31,096
31,096
26,586
26,586
27,383
27,383
28,819
28,819
21,581
21,581
71,929
71,929
60,140
60,140
87,293
87,293
74,793
74,793
86,264
86,264
61,286
83,055
70,599
70,59983,05561,28686,26486,26474,79374,79387,29387,29360,14060,14071,92971,92921,58121,58128,81928,81927,38327,38326,58626,58631,09631,09624,06324,06323,32523,3250024,566
       Other Current Liabilities 
2,874
0
0
5,192
5,192
4,860
4,860
5,622
8,098
3,203
3,203
2,732
5,234
4,393
4,393
5,666
902
15,004
15,004
2,903
35,237
15,094
15,094
44,511
44,511
36,087
13,643
54,100
11,339
12,809
12,80911,33954,10013,64336,08744,51144,51115,09415,09435,2372,90315,00415,0049025,6664,3934,3935,2342,7323,2033,2038,0985,6224,8604,8605,1925,192002,874
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
14,120
0
0
0
12,804
0
0
0
22,625
0
0
0
68,798
0
0
150,158
150,158
88,285
138,936
88,285
145,321
151,304
151,304145,32188,285138,93688,285150,158150,1580068,79800022,62500012,80400014,12000000000
       Long term Debt Total 
0
0
0
0
0
0
6,277
0
12,820
0
12,088
0
11,295
0
19,019
0
21,395
0
64,766
0
66,412
0
116,167
0
139,825
0
132,665
0
139,285
0
0139,2850132,6650139,8250116,167066,412064,766021,395019,019011,295012,088012,82006,277000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
-1,200
-1,200
-1,436
-1,615
-1,857
-1,857
-1,455
-1,829
-1,608
-1,608
0
9,172
0
0
0
21,518
0
0
-23,566
44,031
0
-22,444
0
46,039
-23,008
-23,00846,0390-22,444044,031-23,5660021,5180009,1720-1,608-1,608-1,829-1,455-1,857-1,857-1,615-1,436-1,200-1,20000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,600
0
0
0
0
0
000002,600000000000000000000000000
> Total Stockholder Equity
34,910
37,471
0
36,934
36,934
58,151
58,151
63,572
63,572
65,458
65,458
67,367
67,367
66,151
66,151
0
65,791
0
80,719
0
88,474
0
97,833
108,956
108,956
108,509
108,509
112,266
112,266
114,615
114,615112,266112,266108,509108,509108,956108,95697,833088,474080,719065,791066,15166,15167,36767,36765,45865,45863,57263,57258,15158,15136,93436,934037,47134,910
   Common Stock
18,942
0
0
18,942
18,942
63,286
63,286
64,761
64,761
65,150
65,150
65,271
65,271
65,271
65,271
65,272
65,272
70,130
70,130
70,204
70,204
80,126
80,126
93,122
93,122
94,058
94,058
94,068
94,068
94,569
94,56994,06894,06894,05894,05893,12293,12280,12680,12670,20470,20470,13070,13065,27265,27265,27165,27165,27165,27165,15065,15064,76164,76163,28663,28618,94218,9420018,942
   Retained Earnings 
14,144
0
0
16,025
16,025
-5,161
-5,161
-974
-974
290
308
1,911
1,911
625
625
1,378
1,378
11,100
11,100
18,208
18,208
17,954
17,954
17,941
17,941
14,349
14,349
19,291
19,291
20,183
20,18319,29119,29114,34914,34917,94117,94117,95417,95418,20818,20811,10011,1001,3781,3786256251,9111,911308290-974-974-5,161-5,16116,02516,0250014,144
   Capital Surplus 000000000000000000000000000000
   Treasury Stock000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
26
26
-215
-215
18
18
185
185
255
255
-859
-859
-511
-511
62
62
-247
-247
-2,107
-2,107
102
102
-1,093
-1,093
0
0-1,093-1,093102102-2,107-2,107-247-2476262-511-511-859-8592552551851851818-215-215262600000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue582,284
Cost of Revenue-526,910
Gross Profit55,37455,374
 
Operating Income (+$)
Gross Profit55,374
Operating Expense-45,441
Operating Income9,9339,933
 
Operating Expense (+$)
Research Development0
Selling General Administrative8,842
Selling And Marketing Expenses5,187
Operating Expense45,44114,029
 
Net Interest Income (+$)
Interest Income43
Interest Expense-8,422
Other Finance Cost-0
Net Interest Income-8,379
 
Pretax Income (+$)
Operating Income9,933
Net Interest Income-8,379
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,85516,011
EBIT - interestExpense = 1,511
4,291
11,753
Interest Expense8,422
Earnings Before Interest and Taxes (EBIT)9,93312,277
Earnings Before Interest and Taxes (EBITDA)33,973
 
After tax Income (+$)
Income Before Tax3,855
Tax Provision-960
Net Income From Continuing Ops2,8952,895
Net Income3,331
Net Income Applicable To Common Shares3,331
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses572,351
Total Other Income/Expenses Net-6,0788,379
 

Technical Analysis of National Tyre & Wheel Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of National Tyre & Wheel Ltd. The general trend of National Tyre & Wheel Ltd is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine National Tyre & Wheel Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of National Tyre & Wheel Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.6 < 0.6 < 0.625.

The bearish price targets are: 0.59 > 0.48.

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National Tyre & Wheel Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of National Tyre & Wheel Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

National Tyre & Wheel Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of National Tyre & Wheel Ltd. The current macd is -0.00851574.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the National Tyre & Wheel Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for National Tyre & Wheel Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the National Tyre & Wheel Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
National Tyre & Wheel Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNational Tyre & Wheel Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of National Tyre & Wheel Ltd. The current adx is 39.23.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy National Tyre & Wheel Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
National Tyre & Wheel Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of National Tyre & Wheel Ltd. The current sar is 0.51039295.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
National Tyre & Wheel Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of National Tyre & Wheel Ltd. The current rsi is 63.44. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
National Tyre & Wheel Ltd Daily Relative Strength Index (RSI) ChartNational Tyre & Wheel Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of National Tyre & Wheel Ltd. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the National Tyre & Wheel Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
National Tyre & Wheel Ltd Daily Stochastic Oscillator ChartNational Tyre & Wheel Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of National Tyre & Wheel Ltd. The current cci is 258.59.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
National Tyre & Wheel Ltd Daily Commodity Channel Index (CCI) ChartNational Tyre & Wheel Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of National Tyre & Wheel Ltd. The current cmo is 44.79.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
National Tyre & Wheel Ltd Daily Chande Momentum Oscillator (CMO) ChartNational Tyre & Wheel Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of National Tyre & Wheel Ltd. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
National Tyre & Wheel Ltd Daily Williams %R ChartNational Tyre & Wheel Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of National Tyre & Wheel Ltd.

National Tyre & Wheel Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of National Tyre & Wheel Ltd. The current atr is 0.03305815.

National Tyre & Wheel Ltd Daily Average True Range (ATR) ChartNational Tyre & Wheel Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of National Tyre & Wheel Ltd. The current obv is -7,623,774.

National Tyre & Wheel Ltd Daily On-Balance Volume (OBV) ChartNational Tyre & Wheel Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of National Tyre & Wheel Ltd. The current mfi is 58.17.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
National Tyre & Wheel Ltd Daily Money Flow Index (MFI) ChartNational Tyre & Wheel Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for National Tyre & Wheel Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-24MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

National Tyre & Wheel Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of National Tyre & Wheel Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.445
Ma 20Greater thanMa 500.538
Ma 50Greater thanMa 1000.616
Ma 100Greater thanMa 2000.696
OpenGreater thanClose0.600
Total2/5 (40.0%)
Penke

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