Eastern Treads Valuation

Is 531346 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 531346 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 531346 (₹43.91) is trading above our estimate of fair value (₹13.89)

Significantly Below Fair Value: 531346 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 531346?

Key metric: As 531346 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 531346. This is calculated by dividing 531346's market cap by their current revenue.
What is 531346's PS Ratio?
PS Ratio	0.4x
Sales	₹579.98m
Market Cap	₹226.23m

531346 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.9x
Enterprise Value/EBITDA	-101.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 531346's PS Ratio compare to its peers?

The above table shows the PS ratio for 531346 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	12.8x
VIAZ Viaz Tyres	1.4x	n/a	₹808.6m
539040 Tirupati Tyres	46.1x	n/a	₹304.3m
523550 Krypton Industries	2.1x	n/a	₹1.0b
542013 Dolfin Rubbers	1.5x	n/a	₹2.0b
531346 Eastern Treads	0.4x	n/a	₹229.7m

Price-To-Sales vs Peers: 531346 is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (12.8x).

Price to Sales Ratio vs Industry

How does 531346's PS Ratio compare vs other companies in the IN Auto Components Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
BHARATGEAR Bharat Gears	0.2x	n/a	US$17.74m
505075 Setco Automotive	0.2x	n/a	US$16.77m
530621 Akar Auto Industries	0.3x	n/a	US$13.20m
523415 Coventry Coil-O-Matic (Haryana)	0.01x	n/a	US$88.40k

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 531346 is good value based on its Price-To-Sales Ratio (0.4x) compared to the Indian Auto Components industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is 531346's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

531346 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 531346's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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