Magna Electro Castings Limited engages in the manufacture and sale of cast iron components in India and internationally. It provides ductile iron, SiMo, compacted graphite iron, austempered ductile iron, and grey iron. The company also offers its products for automobiles, hydraulics, pumps, marine, locomotives, engines, valves, gearboxes, off-highway, printing, flow control, and suspension components applications. Additionally, it is also involved in the generation of wind energy and exporting products. The company serves domestic and international markets. Magna Electro Castings Limited was formerly known as Magna Electronics Limited and changed its name to Magna Electro Castings Limited in December 1992. The company was incorporated in 1990 and is headquartered in Coimbatore, India.
Metrics to compare | MAGN | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipMAGNPeersSector | |
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P/E Ratio | 22.3x | 16.7x | 2.2x | |
PEG Ratio | 0.44 | 0.06 | 0.00 | |
Price/Book | 4.0x | 1.8x | 1.6x | |
Price / LTM Sales | 2.9x | 1.5x | 1.3x | |
Upside (Analyst Target) | - | 18.8% | 20.9% | |
Fair Value Upside | Unlock | 2.6% | 1.2% | Unlock |