Orient Electric Limited manufactures, purchases, and sells electrical consumer durables, and lighting and switchgear products in India and internationally.The company offers ceiling, portable, airflow, wall, pedestal, lifestyle, table, exhaust, and multi-utility fans, as well as related components and accessories; home appliances, such as air coolers, room and water heaters, steam and dry irons, mixer grinders, juicer mixer grinders, hand blenders, wet grinders, electric kettles and rice cookers, induction cooktops, sandwich maker, and stand mixers. It also provides lighting products comprising LED bulbs and luminaires, LED lamps and tubes, professional luminaires, tube lights, streetlights, fittings, and decorative and outdoor lighting; and switchgears, including miniature and residual current circuit breakers, distribution boards, isolators, and modular switches, sockets, and MCB, as well as wiring accessories. In addition, the company offers franchises through smart shops. It sells its products through a sales/distribution network, as well as online. Orient Electric Limited was incorporated in 2016 and is headquartered in New Delhi, India.
Metrics to compare | ONTE | Peers Peers - average of corresponding metrics from companies closely matching ONTE: CROMPTON, TTKPRESTIG, SYMPHONY, INM, DIXON | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipONTEPeersSector |
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P/E Ratio | 50.9x | 44.4x | 11.2x | |
PEG Ratio | 2.16 | 2.46 | 0.02 | |
Price/Book | 6.3x | 4.6x | 1.4x | |
Price / LTM Sales | 1.4x | 2.1x | 1.0x | |
Upside (Analyst Target) | 33.5% | 21.2% | 20.2% | |
Fair Value Upside | Unlock | 12.5% | 9.4% | Unlock |