Risk factor
Poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Igarashi Motors India Limited is engaged in the manufacturing and global sales of electric micro motors and related accessories specifically for the automotive sector. The company's extensive market presence spans India, the United States, Japan, Germany, Hong Kong, and various other international regions. Its product portfolio comprises electric DC micro motors, along with stamping and other motor components, and printed circuit boards. Founded in 1992, the enterprise, which is based in Chennai, India, was formerly known as CG Igarashi Motors Limited, adopting its present name in July 2003. Igarashi Motors India Limited operates as a subsidiary of Agile Electric Sub Assembly Private Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI