Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Simplex Castings Limited operates a variety of manufacturing units, including facilities for cast iron, steel, and alloy production, as well as specialized heavy engineering and fabrication plants. The company's diverse product offerings serve numerous industries, such as coke oven, sinter, and pellet plants, the railway sector, oil and gas operations, power generation, sugar processing, earth-moving equipment, and ingot molds. Established in June 1970, its primary corporate office is located in Bhilai, India.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.