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Acknit Industries Ltd 530043

Morningstar Rating
INR 265.00 +4.60 (1.77%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

530043 is trading at a 41% discount.
Price
INR 259.55
Fair Value
INR 475.89
Uncertainty
Extreme
1-Star Price
INR 6,135.87
5-Star Price
INR 654.90
Economic Moat
Yplg
Capital Allocation
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Trading Information

Previous Close Price
INR 260.40
Day Range
INR 265.00270.50
52-Week Range
INR 138.00328.00
Bid/Ask
INR 0.00 / INR 0.00
Market Cap
INR 805.60 Mil
Volume/Avg
1,432 / 2,428

Key Statistics

Price/Earnings (Normalized)
10.37
Price/Sales
0.41
Dividend Yield (Trailing)
0.58%
Dividend Yield (Forward)
0.58%
Total Yield
0.58%

Company Profile

Acknit Industries Ltd manufactures all types of garments, gloves, and other apparel products. The company operates through four segments namely Hand gloves, Garments, Other & traded items, and Power generation segment. Most of the firm's revenue gets derived from the Hand Gloves segment which consists of cut and sewn dipped gloves, seamless dipped gloves, Canadian/ welder/ driver gloves, Cut resistant gloves, heat resistant gloves, and kelvlar leather gloves.
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Stock Style Box
Small Value
Total Number of Employees
179

Valuation

Metric
530043
Price/Earnings (Normalized)
10.37
Price/Book Value
1.10
Price/Sales
0.41
Price/Cash Flow
7.04
Price/Earnings
530043

Financial Strength

Metric
530043
Quick Ratio
0.49
Current Ratio
1.65
Interest Coverage
6.50
Quick Ratio
530043

Profitability

Metric
530043
Return on Assets (Normalized)
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
Return on Assets
530043
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