Tata Motors Ltd. benchmarking: Performance to industry peers

Financial

	Tata Motors	Ashok Leyland	Force Motors
Operational Metrics
Automobile
Total Automobiles Sold - Monthly	32850.0 .	14923.0 .	2614.0 .
Automobiles Sold - Monthly - Export	2066.0 .	775.0 .	54.0 .
Commercial Vehicles Sold - Monthly - Domestic	30784.0 .	14148.0 .	n/a
Light Commercial Vehicles Sold - Monthly - Domestic	22907.0 .	5828.0 .	2560.0 .
MHCV Sold - Monthly - Domestic	7877.0 .	8320.0 .	n/a
Financials
5 yr Average ROE	11.89 %	13.49 %	10.15 %
5yr average Equity Multiplier	4.37	6.38	1.91
5yr Average Asset Turnover Ratio	0.8	0.62	1.19
5yr Avg Net Profit Margin	1.8 %	2.52 %	1.82 %
Price to Book	12.5	6.63	5.78
P/E	52.52	27.19	20.0
5yr Avg Cash Conversion Cycle	-51.2 Days	-31.41 Days	9.1 Days
Inventory Days	11.86 Days	31.29 Days	65.45 Days
Days Receivable	11.84 Days	26.76 Days	6.29 Days
Days Payable	43.38 Days	103.27 Days	71.46 Days
5yr Average Interest Coverage Ratio	3.17	1.7	11.44
5yr Avg ROCE	-165.82 %	12.2 %	9.4 %
5yr Avg Operating Profit Margin	4.48 %	14.3 %	7.17 %
5 yr average Debt to Equity	0.19	3.7	0.34
5yr CAGR Net Profit	n/a	n/a	n/a
5yr Average Return on Assets	-36.3 %	1.71 %	4.26 %
Shareholdings
Promoter Holding	42.56 %	51.51 %	61.63 %
Share Pledged by Promoters	0.0	40.1 %	0.0
Change in Promoter Holding (3 Yrs)	42.56 %	-0.02 %	0.0
Change in Mutual Fund Holding (3 Yrs)	10.59 %	-6.6 %	-0.63 %

	Tata Motors	Ashok Leyland	Force Motors
Product Wise Break-Up	Product Wise Break-Up Commercial Vehicles 99.66 Financial service 0 Spare parts and others 0 Ferrous castings and patterns 0 Engines and gensets 0 Manufacture of motor vehicle engines 0 Manufacture of commercial vehicles 0 Others 0.34	Product Wise Break-Up Spare parts and others 0 Commercial Vehicles 87.48 Engines and gensets 0 Financial Services 12.52 Ferrous castings and patterns 0 Manufacture of commercial vehicles 0 Manufacture of motor vehicle engines 0	Product Wise Break-Up Spare parts and others 0 Commercial Vehicles 0 Engines and gensets 0 Financial service 0 Ferrous castings and patterns 0 Light Commercial Vehicles 55.44 Engines 32.36 Others 12.2