NewMalayalam Steel Peer Comparison

In the Steel & Iron Products industry, JSW Steel Ltd. stands out as a leader in profitability and growth, while NewMalayalam Steel Ltd. shows potential but lacks significant financial metrics. Jindal Stainless Ltd. also shows strong efficiency metrics and reasonable valuations, making it a solid competitor. Several peers exhibit high valuations relative to their performance, indicating potential overvaluation concerns.

• • JSW Steel Ltd. leads in profitability with a PE of 37.15 and ROE of 12.60%.
• • NewMalayalam Steel Ltd. lacks measurable financial performance metrics, indicating potential risks.
• • Jindal Stainless Ltd. offers a strong ROE of 16.13% with a reasonable PEG of 0.70, suggesting growth potential.
• • APL Apollo Tubes Ltd. is highly valued with a PE of 126.67, making it a candidate for overvaluation scrutiny.

• • JSW Steel Ltd.: Leads in revenue growth and profitability with strong ROE and reasonable debt levels.
• • Jindal Stainless Ltd.: Strong efficiency metrics and reasonable valuation ratios, indicating better growth potential.
• • Tata Steel Ltd.: Despite low ROE, it has a strong market position and decent valuation metrics.