Waaree Technologies Limited engages in the manufacturing, assembling, and trading of lithium batteries in India. The company offers forklift and traction solutions, telecon and energy storage systems, battery energy storage systems, and batteries for two and three wheeled electronic vehicles. Its products are used in e-bicycles, e-forklifts, e-rikshaws, battery energy systems, and telecom UPS. The company was formerly known as H.K. Trade International Limited and changed its name to Waaree Technologies Limited in January 2019. Waaree Technologies Limited was founded in 1993 and is based in Mumbai, India.
Metrics to compare | WAAR | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipWAARPeersSector | |
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P/E Ratio | −42.8x | 7.5x | 11.8x | |
PEG Ratio | 0.28 | −0.04 | 0.03 | |
Price/Book | 310.6x | 1.0x | 1.4x | |
Price / LTM Sales | 16.9x | 1.4x | 1.2x | |
Upside (Analyst Target) | - | 20.8% | 24.8% | |
Fair Value Upside | Unlock | −3.1% | 8.4% | Unlock |