Hindustan Composites Adjusts Valuation Grade Amidst Competitive Auto Components Landscape

Hindustan Composites, a microcap player in the Auto Components & Equipments sector, has recently undergone a valuation adjustment. The company's current price stands at 454.00, reflecting a slight decline from the previous close of 469.50. Over the past year, Hindustan Composites has experienced a stock return of -2.74%, contrasting with a positive return of 8.74% for the Sensex during the same period.
Key financial metrics for Hindustan Composites include a PE ratio of 17.75 and an EV to EBITDA ratio of 10.97. The company also reports a price-to-book value of 0.62 and a dividend yield of 0.44%. Return on Capital Employed (ROCE) is noted at 4.68%, while Return on Equity (ROE) is at 3.96%.

In comparison to its peers, Hindustan Composites presents a more favorable valuation profile, particularly when looking at its EV to Sales ratio of 1.79. Other companies in the sector, such as Alicon Cast and Rico Auto Industries, exhibit higher PE ratios and varying EV to EBITDA metrics, indicating a diverse competitive landscape within the auto components industry.