Tourism Finance Corporation Adjusts Valuation Amidst Competitive NBFC Landscape

Tourism Finance Corporation of India has recently undergone a valuation adjustment, reflecting a shift in its financial standing within the finance and non-banking financial company (NBFC) sector. The company's current price stands at 140.10, with a previous close of 143.70. Over the past year, the stock has experienced a decline of 18.99%, contrasting with a 7.12% gain in the Sensex.
Key financial metrics for Tourism Finance Corporation include a price-to-earnings (PE) ratio of 13.80 and a price-to-book value of 1.11. The company also reports an EV to EBITDA ratio of 10.72 and a dividend yield of 1.78%. Return on capital employed (ROCE) is noted at 10.55%, while return on equity (ROE) is at 8.06%.

When compared to its peers, Tourism Finance Corporation's valuation appears more favorable, particularly against companies like Indus Inf. Trust and Indostar Capital, which are positioned at significantly higher valuation levels. This context highlights the competitive landscape within the sector, where Tourism Finance Corporation maintains a relatively stable financial profile amidst varying performance indicators among its counterparts.