Sandur Manganese Adjusts Valuation Amidst Mixed Performance Compared to Peers

Sandur Manganese & Iron Ores, a midcap player in the Mining & Minerals sector, has recently undergone a valuation adjustment. The company's current price stands at 527.45, with a previous close of 532.10. Over the past year, Sandur Manganese has shown a stock return of 4.11%, which is notably lower than the Sensex's return of 11.25% during the same period. However, the company has demonstrated strong performance over longer time frames, with a remarkable 202.21% return over three years and an impressive 1859.88% return over five years.
Key financial metrics for Sandur Manganese include a PE ratio of 17.89 and an EV to EBITDA ratio of 11.34. The company also boasts a robust return on capital employed (ROCE) of 27.38% and a return on equity (ROE) of 15.07%. In comparison to its peers, Sandur Manganese's valuation appears more favorable, particularly when contrasted with KIOCL, which is currently loss-making, and GMDC, which has a higher PE ratio. Meanwhile, MOIL is positioned at a higher valuation level, indicating a diverse landscape within the industry.