Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Operating internationally, CMI Ltd. manufactures and supplies a comprehensive range of electrical wires and cables. Their extensive product line includes various specialized cables like quad, railway signaling, fire survival, and fire retardant low smoke zero halogen (FR-LSH) types. They also produce flexible multi-core copper shielded abrasion-resistant thermoplastic polyurethane (TPU) sheathed cables, polyethylene (PE) insulated jelly-filled telecommunication cables, fire alarm and communication cables, as well as those utilizing ethylene propylene rubber (EPR), chloro-sulfonated polyethylene (CSP), and silicon insulation. The company's offerings further extend to industrial wiring, instrumentation and control cables, aerial bundled conductors, and a full spectrum of low, high, and extra-high voltage power cables. Additionally, CMI Ltd. provides flexible and building wires, along with bare conductors. The company serves a broad array of global industries, such as transportation (including Railways and Metros), energy (Oil & Gas, Petrochemical, Nuclear and Solar Power, Power Generation, Transmission & Distribution), defense, space exploration, mining, heavy manufacturing (e.g., Cement, Steel), infrastructure, and telecommunications. Originally incorporated in 1967 as Choudhari Metal Industries Pvt Ltd., CMI Ltd. maintains its headquarters in Delhi, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E.