Sangam India Adjusts Valuation Grade Amid Competitive Garments Industry Landscape

Sangam India, a small-cap player in the Garments & Apparels industry, has recently undergone a valuation adjustment. The company's current price stands at 414.90, slightly down from the previous close of 418.85. Over the past year, Sangam has shown a stock return of 8.84%, which is marginally higher than the Sensex's return of 8.17% during the same period.
Key financial metrics for Sangam include a PE ratio of 51.54 and an EV to EBITDA ratio of 12.87. The company also reports a dividend yield of 0.48% and a return on equity (ROE) of 4.29%. In comparison to its peers, Sangam's valuation metrics reflect a competitive position, particularly when looking at the EV to Sales ratio of 1.16, which indicates a favorable market stance relative to others in the sector.

While Sangam's performance has been notable, its peers exhibit a range of valuation metrics, with some companies showing significantly lower PE ratios and differing EV to EBITDA ratios. This context highlights the varying market positions within the garments and apparel industry, emphasizing the competitive landscape in which Sangam operates.