CIE Automotive India Upgrades Quality and Valuation Grades Amid Strong Financial Performance

CIE Automotive India has recently undergone an adjustment in evaluation, reflecting a change in its quality and valuation grades. The quality grade has shifted from average to good, indicating a notable enhancement in key financial metrics. Over the past five years, the company has demonstrated a sales growth rate of 8.21% and an impressive EBIT growth rate of 34.67%. Additionally, the company's EBIT to interest ratio stands at 16.00, showcasing its ability to cover interest expenses effectively.
On the valuation front, CIE Automotive's grade has transitioned from attractive to very attractive. The current price-to-earnings (PE) ratio is reported at 20.50, while the price-to-book value is 2.45. The enterprise value to EBITDA ratio is 11.78, and the dividend yield is noted at 1.65%. These metrics suggest that the stock is trading at a favorable valuation compared to its peers.

Despite a challenging year, where the stock has generated a return of -28.50%, the company maintains a low debt-to-equity ratio of 0.10 and high institutional holding at 25.68%. This combination of factors positions CIE Automotive India as a noteworthy player in the auto components and equipment industry.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.