TechPrecision Corporation: Improving Financials, But Remains Overvalued

Nov. 30, 2022 3:38 PM ETTechPrecision Corporation (TPCS)12 Comments


  • TPCS has grown its sales by almost 80% in the last quarter compared to the year prior, outpacing costs.
  • Coupled with improvements in Opex as a % of sales, EBITDA margin for the quarter improved to above 12% from below 6% the year prior.
  • Despite these improvements, the share price remains overvalued compared to peers on an EV/EBITDA basis.

Female Steel Factory Worker at work

Lim Weixiang - Zeitgeist Photos


TechPrecision Corporation (OTCQB:TPCS) is having a successful year with growing sales and profit margins. Despite the financial improvements, and the share price being down on the year, the stock remains overvalued compared to peers on an

Share price

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Revenue split


Sales chart


Gross Profit






EV.EBITDA Valuations

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