Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Orient Abrasives Limited produces and trades in aluminum refractories and monolithic products in India. The company operates through two segments, Alumina Refactories & Monolithics Products & Bauxite Ores; and Power Generation. It offers various aluminous raw materials, including brown fused alumina, white fused alumina, pink fused alumina, white fused mullite, fused zirconia mullite, fused alumina-magnesia spinnel, calcined bauxite, high alumina refractory cement, and calcined bauxite aggregates to the grinding wheel and refractory manufacturers. The company also provides monolithics, including conventional and LC castables, conventional dense castables, low cement castables, and refractory mortars; and ceramic proppants. In addition, it generates and sells wind power to state power distribution companies in Rajasthan and Karnataka. The company also exports its products. Orient Abrasives Limited was incorporated in 1971 and is headquartered in Mumbai, India.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBITD