Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Konark Synthetic Ltd. is a textile company primarily involved in the creation and sale of textile goods. Its offerings include polyester yarns, which are available in both texturized and air-texturized forms. The company also produces a variety of fabrics, such as yarn-dyed and piece-dyed polyester materials, as well as blends incorporating natural fibers like cotton, linen, rayon, and silk. These versatile fabrics are designed for numerous applications, including upholstery, drapery, various curtain types (sheer and main), bedding, table linens, and suiting. Founded on July 17, 1984, the firm maintains its headquarters in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITD.