Skip to Content

Acknit Industries Ltd 530043

Morningstar Rating
INR 250.05 −4.70 (1.84%)
View Full Chart
Unlock our analysis with Morningstar Investor

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 43% discount.
Price
INR 262.19
Fair Value
INR 421.12
Uncertainty
Extreme
1-Star Price
INR 6,869.57
5-Star Price
INR 236.84
Economic Moat
Mtyn
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 530043 is a good fit for your portfolio.

Trading Information

Previous Close Price
INR 254.75
Day Range
INR 247.55260.00
52-Week Range
INR 138.00328.00
Bid/Ask
INR 0.00 / INR 0.00
Market Cap
INR 760.15 Mil
Volume/Avg
870 / 2,608

Key Statistics

Price/Earnings (Normalized)
9.97
Price/Sales
0.39
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)
9.97
Price/Book Value
1.05
Price/Sales
0.39
Price/Cash Flow
6.77
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
See how this stock stacks up to its competitors with Morningstar Investor

Footwear & Accessories Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NKE
Nike Inc Class BZhbcvgzvyFlns$142.8 Bil
ADDDF
adidas AGVFKbdchh$43.2 Bil
ADDYY
adidas AG ADRFrblshdJsqqnk$43.2 Bil
DECK
Deckers Outdoor CorpLyhddgc$20.7 Bil
ONON
On Holding AGVbdrdlv$10.3 Bil
SKX
Skechers USA Inc Class AChwvmmxrxGntj$9.3 Bil
BIRK
Birkenstock Holding PLCKxsmfs$8.4 Bil
ASCCY
ASICS Corp ADRCcxpjv$7.9 Bil
ASCCF
ASICS CorpZysshkw$7.7 Bil
CROX
Crocs IncLgdpx$7.6 Bil

Sponsor Center