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Hi-Tech Pipes Ltd HITECH

Morningstar Rating
INR 122.70 −1.70 (1.37%)
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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

HITECH is trading at a 31% premium.
Price
INR 123.66
Fair Value
INR 911.64
Uncertainty
Very High
1-Star Price
INR 165.92
5-Star Price
INR 24.15
Economic Moat
Yyvnm
Capital Allocation
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Trading Information

Previous Close Price
INR 124.40
Day Range
INR 122.00125.35
52-Week Range
INR 71.00170.00
Bid/Ask
INR 122.40 / INR 122.70
Market Cap
INR 19.43 Bil
Volume/Avg
251,107 / 1.3 Mil

Key Statistics

Price/Earnings (Normalized)
40.50
Price/Sales
0.99
Dividend Yield (Trailing)
0.02%
Dividend Yield (Forward)
0.02%
Total Yield
0.02%

Company Profile

Hi-Tech Pipes Ltd is engaged in the manufacturing and marketing of a wide range of steel tubes. Its products are used in different industries like Infrastructure including telecom, defense, power distribution, railways, airports, Construction, Agriculture, and others. The company's product includes Black Steel Tubes; Rectangular and Hollow sections; Galvanised Steel Tubes; Metal Beam Highway Crash Barrier; Cold Rolling Coils and Cold Formed Sections.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Core
Total Number of Employees
542

Comparables

Valuation

Metric
HITECH
543517
520111
Price/Earnings (Normalized)
40.5031.8834.98
Price/Book Value
3.604.297.86
Price/Sales
0.991.734.39
Price/Cash Flow
87.4822.6529.79
Price/Earnings
HITECH
543517
520111

Financial Strength

Metric
HITECH
543517
520111
Quick Ratio
0.770.451.92
Current Ratio
1.431.554.21
Interest Coverage
2.993.9023.53
Quick Ratio
HITECH
543517
520111

Profitability

Metric
HITECH
543517
520111
Return on Assets (Normalized)
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
Return on Assets
HITECH
543517
520111
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NISTF
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NPSCY
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RS
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KIROY
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