Eveready Industries Adjusts Valuation Grade Amid Strong Financial Metrics and Performance

Eveready Industries India has recently undergone an adjustment in its evaluation, reflecting a shift in its valuation grade from fair to attractive. This change is supported by several key financial metrics that highlight the company's market position and operational efficiency.
The company's PE ratio stands at 36.46, while its price-to-book value is recorded at 7.10. Additionally, the EV to EBIT ratio is 28.04, and the EV to EBITDA ratio is 22.80, indicating a robust valuation framework. The enterprise value to capital employed ratio is 4.64, and the EV to sales ratio is 2.60, which further underscores the company's financial standing.

Eveready Industries has demonstrated strong management efficiency, with a return on capital employed (ROCE) of 15.96% and a return on equity (ROE) of 18.00%. The company has consistently reported positive results over the last nine consecutive quarters, showcasing its operational strength.

Despite a modest annual growth rate in net sales and operating profit over the past five years, the company's financial performance remains noteworthy, particularly with a PEG ratio of 1.45. This evaluation adjustment reflects the underlying trends and metrics that position Eveready Industries India favorably within the FMCG sector.

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