Garware Hi Tech Films Experiences Valuation Grade Change Amidst Industry Comparisons

Garware Hi Tech Films, a small-cap player in the plastic products industry, has recently undergone a valuation adjustment. The company currently exhibits a price-to-earnings (P/E) ratio of 19.85 and a price-to-book value of 2.73. Its enterprise value to EBITDA stands at 13.51, while the enterprise value to EBIT is recorded at 14.94. Additionally, Garware Hi Tech Films has a PEG ratio of 0.63 and a dividend yield of 0.36%.
In terms of return metrics, the company has shown a return on capital employed (ROCE) of 23.02% and a return on equity (ROE) of 13.97%. However, when compared to its peers, Garware Hi Tech Films presents a higher valuation relative to companies like AGI Greenpac and Uflex, which have lower P/E ratios and more favorable enterprise value metrics.

Despite a challenging year-to-date performance, where the stock has declined by 45.12% compared to a modest gain in the Sensex, Garware Hi Tech Films has demonstrated significant long-term growth, with a remarkable 10-year return of 2421.82%. This performance highlights the contrasting trajectories within the industry, emphasizing the need for careful evaluation in the current market landscape.