Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Prakash Steelage Limited manufactures, trades, and sells stainless steel welded pipes, tubes, and U-tubes in India. It serves chemical and fertilizer, pharmaceutical, railway coaches, refrigeration, desalination, decorative, dairy, breweries, pipelines, furniture, pulp and paper, food, petrochemical and refinery, oil and gas, sugar, automobile, power, synthetic fiber, pesticide, and ornamental industries. The company also exports its products to customers in North America, South East Asia, Africa, the Middle East, and Europe. Prakash Steelage Limited was incorporated in 1991 and is based in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB
