Risk factor
Very poor trading liquidity
Profitability factor
Strong growth
About
Creative Newtech Limited, headquartered in Mumbai, India, and established in 1992, operates as a prominent distributor of a broad spectrum of technology and lifestyle products. The company caters to both domestic (Indian) and international markets, organizing its operations across distinct segments: Enterprise Business (EB), Fast Moving Social-Media Gadgets (FMSG), Fast Moving Electronics Goods (FMEG), and Fast Moving Consumer Technology (FMCT). Its extensive product portfolio encompasses a diverse range of items. This includes computing hardware such as monitors, televisions, interactive flat panels, PC components (casings, cooling solutions, solid-state drives, graphics cards), and complete systems like laptops, desktops, and signage monitors. The company also supplies imaging equipment (cameras, lenses, binoculars), a wide array of consumer electronics (mobile phones, smart rings, robotic cleaners, home audio systems), and various accessories (mobile covers, earphones, structured cabling). Furthermore, Creative Newtech distributes lifestyle products such as fans, light bulbs, and air purifiers, along with specialized craft and cutting tools, and retail security solutions for mobile devices. These products reach end-users and businesses through a comprehensive network that leverages traditional channel partners, online e-commerce platforms, major retail chains, and specialized technology stores. The company underwent a name change in August 2021, having previously been known as Creative Peripherals and Distribution Limited.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.