Metrics to compare | MELC | Peers Peers - average of corresponding metrics from companies closely matching MELC: ELIN, BAJAJELEC, 526443, ALPEXSOLAR, APS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMELCPeersSector |
|---|---|---|---|---|
P/E Ratio | −82.3x | 7.6x | 12.3x | |
PEG Ratio | 0.36 | 0.30 | 0.01 | |
Price/Book | 4.6x | 2.5x | 2.4x | |
Price / LTM Sales | 4.5x | 3.5x | 2.3x | |
Upside (Analyst Target) | - | 19.1% | 33.6% | |
Fair Value Upside | Unlock | −2.2% | 4.7% | Unlock |
MIC Electronics Limited designs, develops, manufactures, and sells Light-Emitting Diode (LED) based street lights and video displays in India. It operates through three business segments, LED Products, Medical & Other Appliances, and Automobiles. The company offers outdoor lighting products, such as street, solar street, flood, and industrial lights; area, down, and parking light products; and indoor/outdoor and mobile displays and LED lighting systems. It also provides indoor displays, such as indoor video screens and digital posters; outdoor displays, including outdoor video walls, digital billboards and posters, ticker displays, digital posters, and perimeter displays; defense-grade power electronics, and EV charging infrastructure; and passenger information displays systems; and LED display boards, emergency light unit, passenger announcement and passenger information systems, and remote monitoring processing units. In addition, the company offers electronic and telecommunication equipment, as well as develops telecom software. Its products are used in railways, regular displays, sports stadium, transportation hubs, and public information displays. MIC Electronics Limited was incorporated in 1988 and is headquartered in Hyderabad, India.