Thank you for your insight. I’m invested in wabag also.
In this case, can higher mcap to sales of EMS be justified by its higher OPM? Because of higher OPM, the PE of both the companies is around 30.
Also doesn’t Wabags 80% orderbook comprise of government orders, so that risk is similar?
All that said, Wabag indeed has better revenue visibility because of it’s much larger orderbook. But there have been some execution issues.
| Subscribe To Our Free Newsletter |
