Igarashi Motors Adjusts Valuation Amidst Competitive Auto Components Landscape

Igarashi Motors India, a player in the auto components and equipment sector, has recently undergone a valuation adjustment. The company's current price stands at 482.00, reflecting a slight increase from the previous close of 475.00. Over the past year, Igarashi Motors has experienced a stock return of 2.13%, which is notably lower than the Sensex's return of 9.57% during the same period.
Key financial metrics for Igarashi Motors include a PE ratio of 62.77 and an EV to EBITDA ratio of 17.32. The company also reports a return on capital employed (ROCE) of 7.10% and a return on equity (ROE) of 5.26%. In comparison to its peers, Igarashi Motors maintains a higher PE ratio than several competitors, such as Subros and Lumax Auto Tech, which have lower valuations. However, it is positioned more favorably than Shanthi Gears, which has a significantly higher valuation.

Overall, the evaluation revision reflects the company's current market standing amidst a competitive landscape, highlighting its financial metrics in relation to peers in the auto components industry.