Posts tagged GREENPANEL INDUSTRIES
GREENPANEL INDUSTRIES has a Long runway before takeoff. Buy for Target Price of Rs 595 (54% Upside) | |
Company: | GREENPANEL INDUSTRIES |
Brokerage: | BOB Capital |
Date of report: | December 6, 2022 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 54% |
Summary: | GREENP is trading at ~15x FY24E EPS which is attractive given GREENP’s strong growth prospects, leadership position in MDF, and an improving balance sheet and return ratios |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | BOB Capital Markets |
GREENPANEL INDUSTRIES has leadership position in the MDF market, improving balance sheet: BobCaps | |
Company: | GREENPANEL INDUSTRIES |
Brokerage: | BOB Capital |
Date of report: | September 8, 2022 |
Type of Report: | Result Update |
Recommendation: | Buy |
Upside Potential: | 35% |
Summary: | Despite a strong Q1FY23, stock performance has remained lacklustre owing to management’s “over-cautious” guidance. GREENP is trading at 17x FY24E EPS. We continue to value the stock at 23x FY24E EPS, a 34% discount to peer CPBI, and retain our TP of Rs 595 with a BUY rating. We like the company for its a leadership position in the MDF market, improving balance sheet and commendable improvement in working capital discipline and return ratios |
Full Report: | Click here to view full post with link to download pdf file |
Tags: | BOB Capital Markets |