Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Undervalued vs peers
About
SKM Egg Products Export (India) Limited, founded in 1995 and based in Erode, India, is a prominent producer and global supplier of a diverse range of egg and egg-based products. The company's extensive portfolio includes various powdered egg formulations: whole egg powder, used in biscuits, cakes, bakery mixes, pasta, sauces, dressings, ready meals, quiches, omelets, mayonnaise, meat products, and other emulsified systems; egg yolk powder, frequently incorporated into mayonnaise, dressings, sauces, Spanish bread, croissants, pasta, and ice cream; and egg albumen powder, primarily for meat and fish products. SKM also manufactures bakery mixes, essential for items like cheesecakes, biscuits, cakes, sponge cakes, and Swiss rolls. Additionally, it offers a comprehensive selection of liquid egg products, including whole egg, egg yolk, egg albumen, and custom liquid egg solutions, which are applied in cakes, meringues, noodles, mayonnaise, general bakery items, fine foods, ice creams, cosmetics, confectionery, and pastries. Beyond its core product lines, the company trades in feed ingredients. Its international market reach spans Russia, various European countries, Japan, Indonesia, Thailand, Vietnam, Malaysia, Taiwan, Nigeria, the United Arab Emirates, and Saudi Arabia.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.