Can Fin Homes Adjusts Valuation Grade Amid Competitive Housing Finance Landscape

Can Fin Homes, a small-cap player in the housing finance sector, has recently undergone a valuation adjustment, reflecting changes in its financial metrics and market position. The company's current price stands at 862.70, slightly down from the previous close of 867.40. Over the past year, Can Fin Homes has experienced a stock return of -1.53%, contrasting with a 5.34% return from the Sensex.
Key financial indicators for Can Fin Homes include a PE ratio of 12.47 and a price-to-book value of 2.27. The company also reports an EV to EBITDA ratio of 11.71 and a PEG ratio of 1.01. Its return on equity (ROE) is noted at 18.18%, while the return on capital employed (ROCE) is at 7.67%.

In comparison to its peers, Can Fin Homes presents a relatively competitive valuation profile. For instance, PNB Housing and Aptus Value Housing are categorized as expensive, with PE ratios of 11.4 and 17.9, respectively. Meanwhile, Aavas Financiers and Home First Finance are positioned as very expensive, with significantly higher PE ratios. This context highlights Can Fin Homes' standing within the housing finance industry, emphasizing its performance metrics against its competitors.