N

Nitin Spinners Ltd
NSE:NITINSPIN

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Nitin Spinners Ltd
NSE:NITINSPIN
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Price: 339.95 INR -0.47% Market Closed
Market Cap: ₹19.1B

Relative Value

The Relative Value of one NITINSPIN stock under the Base Case scenario is 555.42 INR. Compared to the current market price of 339.95 INR, Nitin Spinners Ltd is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NITINSPIN Relative Value
Base Case
555.42 INR
Undervaluation 39%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Multiples Across Competitors

NITINSPIN Competitors Multiples
Nitin Spinners Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Nitin Spinners Ltd
NSE:NITINSPIN
19.1B INR 0.6 11.5 5.5 8.3
HK
Cecep Costin New Materials Group Ltd
HKEX:2228
45.2B HKD 59.1 -204.4 -104.9 -104.9
CN
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
31.9B CNY 3.5 -68.7 -159 -159
CN
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
25.9B CNY 10.6 102.2 82.7 82.7
TW
Eclat Textile Co Ltd
TWSE:1476
113.3B TWD 3 20.1 13.4 15
IN
Spentex Industries Ltd
NSE:SPENTEX
291.1B INR 77.2 -72 690.1 -5 606 -3 346.1
IN
Sumeet Industries Ltd
NSE:SUMEETINDS
260B INR 26.4 139.2 -321.4 -255.8
CN
Weiqiao Textile Co Ltd
HKEX:2698
19B HKD 1 -12 -6.8 -6.8
UK
Coats Group PLC
LSE:COA
1.6B GBP 1.5 28.4 8.5 10.8
TW
Ruentex Industries Ltd
TWSE:2915
55.3B TWD 19.8 6.2 159.6 221
IN
Welspun India Ltd
NSE:WELSPUNIND
146.2B INR 1.7 27.8 13.8 22
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
N
Nitin Spinners Ltd
NSE:NITINSPIN
Average EV/EBITDA: 47.3
5.5
16%
0.3
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
Negative Multiple: -104.9 N/A N/A
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
Negative Multiple: -159 N/A N/A
CN
H
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
82.7
N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
13.4
6%
2.2
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -5 606 N/A N/A
IN
Sumeet Industries Ltd
NSE:SUMEETINDS
Negative Multiple: -321.4 N/A N/A
CN
W
Weiqiao Textile Co Ltd
HKEX:2698
Negative Multiple: -6.8 N/A N/A
UK
Coats Group PLC
LSE:COA
8.5
13%
0.7
TW
Ruentex Industries Ltd
TWSE:2915
159.6
N/A N/A
IN
W
Welspun India Ltd
NSE:WELSPUNIND
13.8
39%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
N
Nitin Spinners Ltd
NSE:NITINSPIN
Average EV/EBIT: 59.9
8.3
17%
0.5
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
Negative Multiple: -104.9 N/A N/A
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
Negative Multiple: -159 N/A N/A
CN
H
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
82.7
N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
15
6%
2.5
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -3 346.1 N/A N/A
IN
Sumeet Industries Ltd
NSE:SUMEETINDS
Negative Multiple: -255.8 N/A N/A
CN
W
Weiqiao Textile Co Ltd
HKEX:2698
Negative Multiple: -6.8 N/A N/A
UK
Coats Group PLC
LSE:COA
10.8
17%
0.6
TW
Ruentex Industries Ltd
TWSE:2915
221
N/A N/A
IN
W
Welspun India Ltd
NSE:WELSPUNIND
22
65%
0.3