MIC Electronics Limited is an India-based manufacturer of electric lighting equipment. The Company is also engaged in the manufacturing of light-emitting diode (LED) displays and LED lighting. The Company operates through three segments: LED Products, Medical and other appliances and Automobiles. Its LED displays include indoor displays, outdoor displays, mobile displays and application-specific displays. It offers LED lightings in various ranges, including indoor lighting, solar lighting, outdoor lighting and portables. The Company's indoor LED displays include digital posters and indoor video screens; outdoor LED displays include ticker displays, digital posters, perimeter displays, outdoor video walls and digital billboards; mobile LED displays include displays for trucks and trailers, and application-specific LED displays include passenger information displays and digital theme park displays. The Company also offers oxygen concentrators and batteries.
Metrics to compare | MELC | Peers Peers - average of corresponding metrics from companies closely matching MELC: CGPOWER, 517035, 526443, ALPEXSOLAR, APS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMELCPeersSector |
|---|---|---|---|---|
P/E Ratio | 85.5x | 45.1x | 12.1x | |
PEG Ratio | −1.02 | 0.37 | 0.01 | |
Price/Book | 3.5x | 7.3x | 2.4x | |
Price / LTM Sales | 4.3x | 7.1x | 2.3x | |
Upside (Analyst Target) | - | 25.1% | 30.1% | |
Fair Value Upside | Unlock | 27.0% | 6.4% | Unlock |