Confidence Futuristic Energetech Limited engages in the manufacture and supply of LPG cylinders under the Go Gas Elite brand name for domestic and commercial users in India. The company operates through Cylinder and LPG segments. It offers compressed natural gas (CNG) and high-pressure cylinders, onboard CNG, CNG cascades, and medical oxygen and seamless steel gas cylinders for industrial gases. The company was formerly known as Globe Industrial Resources Limited and changed its name to Confidence Futuristic Energetech Limited in October 2017. The company was incorporated in 1985 and is based in Nagpur, India. Confidence Futuristic Energetech Limited is a subsidiary of Confidence Petroleum India Limited.
Metrics to compare | CNFI | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCNFIPeersSector | |
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P/E Ratio | 13.4x | 25.9x | 12.6x | |
PEG Ratio | 0.14 | 0.35 | 0.03 | |
Price/Book | 1.0x | 3.0x | 1.4x | |
Price / LTM Sales | 0.6x | 2.7x | 1.3x | |
Upside (Analyst Target) | - | 12.4% | 18.3% | |
Fair Value Upside | Unlock | −3.6% | 6.2% | Unlock |