National Plastic Technologies Adjusts Valuation Amid Mixed Industry Performance Indicators

National Plastic Technologies has recently undergone a valuation adjustment, reflecting its current standing in the industrial plastic products sector. The company’s price-to-earnings ratio stands at 17.73, while its price-to-book value is recorded at 3.72. Additionally, the enterprise value to EBITDA ratio is 8.64, and the enterprise value to EBIT is noted at 11.98. The company also maintains a dividend yield of 0.38%, with a return on capital employed (ROCE) of 16.01% and a return on equity (ROE) of 20.98%.
In comparison to its peers, National Plastic's valuation metrics present a mixed picture. For instance, Arrow Greentech is positioned at a higher valuation, while companies like TPL Plastech and Kriti Industries exhibit significantly different financial profiles. Notably, National Plastic's performance over the past year shows a decline of 33.55%, contrasting with a modest gain of 8.17% in the Sensex during the same period. However, over a longer horizon, the company has demonstrated substantial growth, with a remarkable 796.77% return over the past five years. This evaluation adjustment highlights the company's current market position amidst varying performance indicators within its industry.