Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Digidrive Distributors Limited, operating in conjunction with its affiliate Open Media Network Private Limited, focuses on selling consumer goods through various online retail channels throughout India. The company's operations are segmented into two primary areas: Trading and Publication. In its Trading division, Digidrive is responsible for the distribution of Carvaan, a well-known portable digital music player. Its Publication segment, meanwhile, produces OPEN magazine, a weekly periodical that covers contemporary issues and in-depth articles. Furthermore, Digidrive extends its services to include media solutions, print production for various materials, and marketing assistance. The company was established in 2022 and maintains its headquarters in Mumbai, India, functioning as a subsidiary of Composure Services Private Limited.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBIT