Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Eastern Treads Limited primarily operates in the sector of manufacturing and supplying products and services essential for tire retreading. The company produces and distributes various rubber-based materials, including pre-cured tread rubber, hot rubber slab, and camel back tread compounds, alongside adhesive solutions like bonding gum and black vulcanizing cement. They also provide repair components such as radial and general tire patches. Furthermore, Eastern Treads Ltd. offers specialized retreading services. M. E. Meeran established the company on July 2, 1993, and its main office is situated in Ernakulam, India.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is overpriced on P/E, 'cheap' on EV/EBITD.