Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Lakshmi Precision Screws Limited, founded in 1968 and based in Rohtak, India, primarily focuses on the manufacturing, marketing, and distribution of high-strength fasteners within India. The company's product range includes crucial components like bolts, screws, pins, nuts, and hexagonal keys. These fastening solutions are integral to a diverse array of sectors, such as wind energy, oil and gas operations, rail transport, automotive production, agricultural machinery, defense applications, electronics and communication systems, construction projects, tool and die making, and machine building, among others. Beyond its domestic operations, the company actively engages in international trade, exporting its products to significant markets globally, including the United States, Australia, Canada, various European countries (Denmark, France, Germany, Switzerland, Sweden), the Middle East (Dubai), and several Asian nations (Hong Kong, Indonesia, Japan, Malaysia, Singapore), alongside South Africa.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.