Huhtamaki India Adjusts Valuation Grade Amid Competitive Packaging Industry Landscape

Huhtamaki India, a small-cap player in the packaging industry, has recently undergone a valuation adjustment, reflecting changes in its financial metrics. The company's price-to-earnings (PE) ratio stands at 24.02, while its price-to-book value is recorded at 1.42. Additionally, the enterprise value to EBITDA ratio is 12.86, and the enterprise value to EBIT is noted at 21.88.
The company's return on capital employed (ROCE) is 6.73%, and the return on equity (ROE) is 5.92%. Huhtamaki India offers a dividend yield of 0.86%, indicating a modest return to shareholders.

In comparison to its peers, Huhtamaki India’s valuation metrics suggest a competitive landscape. For instance, Garware Hi Tech and Uflex also operate within the expensive range, while AGI Greenpac stands out with a more attractive valuation. The performance of Huhtamaki India has shown variability, with a year-to-date return of -14.57%, contrasting with the Sensex's positive return of 2.85% over the same period. This performance highlights the challenges faced by Huhtamaki India in the current market environment.