This valuation metric is not right. Open the whole Cash Flow Statement and then analyse why the CFO is so low. You can see that CFI is very negative which is actually a positive, because it means they are Investing adequately for growing future demand. Check the CF from Debt and Interest Payments. CF analysis like this won’t give you the true picture of a company.
Also for a company like MTAR, you must also take into account the order book and its growth, Inventory Days, How is the Revenue mix, etc.
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