LS Industries Valuation Multiples

Jiangsu Eastern Shenghong Co Ltd is engaged in the energy and chemical enterprise. The company's main products include refined oil products, other petrochemical and chemical new materials, polyester filament, other chemical fiber products, and others.

Toray Industries Inc is a Japan-based company engaged in the textile business, functional chemicals business, carbon fiber composite materials, and other businesses. The Carbon Fiber Composite Materials segment covers carbon fiber, composites, and molded products. The Environment and Engineering segment includes membranes for water treatment, general engineering, industrial machinery, housing, and construction materials. The Functional Chemicals segment handles resins, foams, films, fine chemicals, and electronic materials. The Life Science segment focuses on pharmaceuticals and medical devices. The Textile segment provides fibers, fabrics, non-woven and apparel products, while Others offers analysis, survey, and research services. It generates majority of revenue from the Textile segment.

Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (75% of 2022 revenue), casual wear (21% of revenue), and lingerie (3% of revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is its largest market, accounting for 26% of sales in 2022. This is followed by Europe, US, and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.

Tongkun Group Co Ltd is a China-based company engaged in polyester and polyester filament yarn manufacturing. It offers various polyester filament yarns, such as a pre-oriented filament, draw textured yarns, polyester chips, and others under the GOLDENCOCK and Tong Kun brand names.

Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.

Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.

Xinfengming Group Co Ltd is engaged in chemical fiber manufacturing.

Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; investment; and other business.

Shijiazhuang Changshan Beiming Technology Co Ltd is a China-based company, engages in the textile business as well as software and information technology services. In the textile business, its products cover yarns, functional fabrics and brand garment, home textiles and industrial textiles. Its Software business deals with the development of software and provision of software services; provision of intelligent installation services as well as import and export of intelligent installation technologies.

K.P.R. Mill Ltd is an apparel manufacturer, securing revenues predominantly from India. It is mainly engaged in the business of manufacturing textiles, consisting of yarn, fabrics, readymade garments, and wind power. Its core products are readymade knitted apparel, fabrics, melange, carded, and combed yarn. The Company is engaged in only one business, i.e. manufacturing and sale of textiles.

Eclat Textile Co Ltd is mainly been involved in the manufacturing and marketing of knitwear. It is a textile company that operates in two segments: the Fabrics division, which produces and sells flexible textiles, and the Garments division, which produces, processes, and sells clothing. The majority of its revenue is generated from the Garments division. Its geographical segments include the Americas, which derive key revenue, Asia, Europe, the Middle East, ANZ, Africa, and other countries.

Sasa Polyester Sanayi AS is a company engaged in the production and marketing of polyester fiber, yarns and related products, and polyester chips. The company's product portfolio includes specialty polymers and chemicals which consist of thermoplastic polyester elastomers, dimethyl terephthalate, plasticizers, advanced polymers, polybutylene terephthalate solutions, and polyethylene terephthalate solutions. It also provides fiberfill, nonwoven, and textile fibers; and DO, flat, texturing and POY filament yarns. The group generates revenue through the sale of products.

Zeon Corp manufactures and sells a variety of rubber-based and plastic-based products. The company organizes itself into two primary segments based on product type. The elastomer segment, which generates the majority of revenue, sells rubbers, lattices, and chemicals. These products include tires, hoses, seals, construction and housing materials, agricultural chemicals, fragrances, food ingredients, and pharmaceutical products. The High-performance materials business segment manufactures and sells high-performance resins, high-performance components, electronic materials, battery materials, toners, chemicals, and medical equipment.

Coats Group PLC is a firm manufacturing thread for industrial and consumer use. Its product portfolio includes industrial thread and knitting yarns used in the apparel and footwear industries, zips, trims, composites, and fabrics. The company's customers are grouped into three segments; Apparel which is also the key revenue generating customer segment, Footwear and Performance Materials. Geographically, the company generates a majority of its revenue from China and Hong Kong and the rest from Vietnam, India, United Kingdom and other regions.

Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. The company's segments include: Textile and Fibre. The company derives majority of its revenue from Textiles segment, which offers greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics. The company provides fabrics for the apparel industry and home textiles and manufactures shirts for retail brands. In addition, It offers hot-rolled bars for use in industries such as automotive, engineering, and allied industries. Geographically, it operates in India as well as Overseas.

Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has an operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.

Ruentex Industries Ltd is engaged in the textile business, including manufacturing, processing, dyeing and finishing, printing, and marketing of woven fabrics, garments, knitted fabrics, and woven fabric items, and the construction business, including commissioning of construction companies to build public housing projects and office buildings as well as leasing and sales of property. Its reportable segments include Textile segment, Retail segment, and Hypermarket segment.

Welspun Living Ltd Formerly Welspun India Ltd is an India-based company that makes and sells home textiles. The company's products consist of towels, bath robes, bath rugs and mats, area rugs, carpets, bed sheets, utility bedding, and fashion bedding. The company owns several brands, including Christy, Spaces, Welhome, and Others. The company has a world-wide distribution network, with the United States, the United Kingdom, and Europe.

Isiklar Enerji ve Yapi Holding AS is engaged in the manufacture and marketing of various types of yarn. Its products include polyester, texturized, twisted, weft and warp yarns used in embroidery, woven label production, weaving and warp-knitting.

Trident Ltd is a terry towel and wheat straw-based manufacturer in India. The company through its subsidiaries operates through the below segments: Yarn, Towel, Bedsheets, and Paper & Chemicals. The firm generates a majority of its revenue from the Yarn segment. The group offers products such as solid bath sets, beach towels, embroidered towels, bath mats, bathrobes, duvet covers, cushion covers, blended yarn, drawing paper under Trident Spectra, Trident My Choice, Trident Digi Print, Trident Royal Touch, Trident Eco Green, and Trident Natural brands. The geographical segments of the company include India, the USA, and the Rest of the world.

China Hi-Tech Group Co Ltd is engaged in the education sector. The company provides education and training services. The company is also involved in education investment and educational research.

Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company’s own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Swan Corp Ltd Formerly Swan Energy Ltd is an Indian-based holding company engaged in various business segments which include; Textiles, Energy, Construction/others, Distribution & Development, Warehousing, Manufacturing, and Power generation. It generates maximum revenue from the Distribution & Development segment. Geographically, the group generates revenue from Domestic and Overseas markets, with the majority of it being generated from the Overseas market.

James Halstead PLC manufactures commercial, contract, and consumer flooring. The flooring is used in offices, retail shops, factories, clinics, hospitals, schools, hotels, cinemas, restaurants, and airports. The firm's portfolio of brands includes Polyflor, Polysafe, Expona, Performa, Saarfloor Systems, Megastrong, Camaro, Colonia, Kudos, Expona Domestic, Voyager, Forest fx, Cavalio, and Arai. Arai is a helmet manufacturer focused on motorsports. Its geographic segments include the United Kingdom; Europe and Scandinavia; Australasia and Asia; and the Rest of the World.

Alok Industries Ltd is an Indian textile company. The company is engaged in the manufacturing of textiles, including mending and packing activities; leather, and other apparel products. Its divisions include Spinning, such as cotton yarn; Home Textiles, such as sheeting fabric, equivalent sheet sets, and terry towels; Apparel Fabrics, such as woven fabric (includes embroidery) and knits; Garments, and Polyester, such as continuous polymerization, partially oriented yarn (POY)/chip, draw texturized yarn (DTY), fully drawn yarn (FDY), polyester staple fiber/cationic yarn and masterbatch. Geographically, it derives a majority of revenue from India. The company generates the majority of its revenue from the Home Textiles product group.

AdvanSix Inc is a diversified chemistry company playing a critical role in international supply chains, innovating and delivering essential products for customers across a wide variety of end markets and applications that touch people's lives, including building and construction, fertilizers, agrochemicals, plastics, solvents, packaging, paints, coatings, adhesives, and electronics. The company's key products include Nylon, Caprolactam, Plant Nutrients, and Chemical Intermediates. The majority of sales are from Plant Nutrients products. The company operates in the United States and internationally, with the majority of revenue coming from the United States.

HS Hyosung Advanced Materials produces high-strength industrial yarns and fabrics of various materials such as polyester, nylon, PEN, aramid, and carbon fiber to meet the wide-ranging demands of the market, which are applied in various fields such as automobiles, civil engineering and construction, agriculture, defense, transportation, and sports.

Anhui Huamao Textile Co Ltd is mainly engaged in the production and distribution of cotton yarn, blended yarn, spandex core yarn line, singeing mercerized dyed yarn, and jacquard fabrics in China.

Nueva Expresion Textil SA manufactures and sells fabrics. It offers lingerie, swimwear, and sportswear under the Cristal, Dazzling, Sari, Liquid, Dogitech, Winn, Cooper, and Invisible brand names.

Raymond Ltd is an Indian based company. The company's operating segment includes Tools and Hardware, Auto components, Precision, and Others: Job processing and non-scheduled airline operations. The company generates the majority of its revenue from the Precision segment. Geographically, the company generates key revenue from foreign operations.

Sanathan Textiles Ltd is company in India with a presence across the polyester, cotton and technical textile (which find application in multiple end-use segments including automotive, healthcare, construction, sports and outdoor, and protective clothing) sectors. The company also has products such as dope dyed, superfine/micro, functional, industrial and technical yarn, cationic dyeable and specialty yarn produced after extensive in-house research. These products are tailor-made to customer requirements and have properties and characteristics that are distinctive from other products. Geographically, the company generates the majority of its revenue from India.

Kordsa Teknik Tekstil AS is a Turkey-based company tire reinforcement company, engaged in the manufacturing of nylon and polyester yarn, cord fabric, and single-end cord products. It benefits the tire reinforcement and mechanical rubber market. The company offers carcass and industrial fabrics that are used in the structure of vehicle tires, and rubber and plastic materials, such as transmission belts, V belts, rubber hoses and others. Business is functioned through North America, South America, Asia, Europe, the Middle East, and Africa.

Compagnie Chargeurs Invest is a mixed industrial and financial company. Its portfolio consists of Culturre and Education, Fashion and Know-How, and Innovative materials.

Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector.

MaxsMaking Inc is a manufacturer of consumer goods with a focus on technology and innovation. It is serving small and medium-sized enterprises and individual e-commerce sellers with their needs for small batch products, It currently use cotton cloth, nylon cloth, polyester, recycled polyethylene terephthalate (rPET) and other materials to produce backpacks, shopping bags, aprons, tablecloths and other consumer goods. It serve enterprises, schools, government agencies, non-profit organizations, e-commerce sellers and various groups and organizations to meet their needs for small-batch products.

Takashima & Co Ltd is a multifaceted trading company. It is organised into four reportable segments: Building Materials, Construction Materials, Electronics and Devices, and Rental Real Estate. Building Materials sells materials related to construction and housing, such as solar power generation systems and environmentally friendly building materials and housing equipment. Construction Materials sells and installs energy-saving equipment for commercial facilities, and sells textile products, resin products, and railway vehicle parts. Electronics and Devices sells electronic parts and electronic devices. Rental Real Estate operated rental hotels, etc.

Aquafil SpA is engaged in the business of manufacturing polyamides. It produces and sells fibers and polymers, principally polyamide 6, scale through the: BCF Product Line (carpet fibers), or synthetic yarns mainly intended for the textile flooring sector and used in contract segments (hotels, airports, offices, etc.), residential buildings and the automotive market; NTF Product Line (clothing fibers), or synthetic yarns mainly intended for the clothing sector (sportswear, classic, technical or specialist apparel); Polymers Product Line, or plastic raw materials, mainly targeting the engineering plastics sector for subsequent use in the molding industry. Its products are also sold on the market under the ECONYL brand.

Dohler SA manufactures and commercialize cotton products for household or industrial use. The company offers bed skirts, bedding sets, and quilts; bath, floor, beach, and bathrobe products; and pantry and kitchen products, such as table products, aprons, dish towels, terry cloths, and multi utility products. It also provides handicrafts for bath, baby, and kitchen and pantry products; fabrics for patchwork; and fabrics for embroidering, as well as decoration products. In addition, the company offers curtains, blankets, and fabric cushions; hospital fabrics; and industrial tissues, including blinds, digital printing, and mattress coatings.

Pettenati SA Industria Textil manufactures fabrics finished in mesh point and apparel. The company creates, develops, tests, manufactures and markets types of fabrics covering dyed woven and printed fabric types. The company's product line include Softs, Plushs, Half Meshes, Viscose and Sport Lines, among others.

Unifi Inc is a multi-national company. It manufactures and sells synthetic and recycled products made from polyester and nylon predominantly to other yarn manufacturers and knitters and weavers that produce fabric for apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed, and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns. The company's reportable segments are; the Americas, Brazil, and Asia. Its maximum revenue is derived from the Americas.

Gentili Mosconi SpA creates and produces printed and dyed fabrics, with jacquard and yarn-dyed processes, fabrics with original prints or garment prints and other special processes for the most important national and international fashion brands.

Novita SA is engaged in the manufacturing and sale of technical nonwovens in Poland. It offers needlepunched and spunlace nonwovens; medical and hygiene onwovens; and footwear and clothing nonwovens.

Gabriel Holding AS is a Denmark-based company that manufactures and sells furniture fabrics of pure wool and microfibers, upholstery fabrics, components, upholstered Surfaces and related products and services. It focuses on business areas that are Fabrics, FurnMaster, SampleMaster and others. Fabrics develop a wide range of furniture products; FurnMaster offers logistics solutions, cutting, sewing and assembly of furniture screens; and SampleMaster designs and produces boxes, hangers, catalogs, colour cards and other kind of promotional presentation materials. It provides a full palette of solutions and services for the international furniture industry, including fabrics, furniture and components, customised sample solutions, acoustic comfort, and knitting and embellishment services.

Duroc AB along with its holdings is engaged in manufacturing products for industrial customers based on material and surface refinement technology. Its business is divided into Industrial Trade, Fibre and Other industry. The Fibre business area is a producer of polypropylene-based fibres and yarns with customers mainly in the automotive, construction, furniture and filter industry. The Industrial Trade business area consists of Duroc Machine Tool and Universal Power Nordic. Whereas the other industry business area consists of Duroc Rail and Duroc Laser Coating.

Saga Furs Oyj is a fur auction company.

Linz Textil Holding AG is an Austria based company, engages in the manufacture, and sale of textile products. It operates through the Textile Semis and Finished Textile Products business segments. The Textile Semis segment comprises of the yard and grey fabrics. The Finished Textile Products offers yarns, technical fabrics, home textiles, and clothing fabrics. It offers products in the fields of textile, weaving, technical fabrics, and yarns.

Karsten SA is a textile manufacturer and sells textile products in Brazil. It divides its business into five segments: decoration, embroidery, table, bath and bed. It produces table linens, curtains, towels, and other decorative home furnishings.

Biokarpet SA is engaged in the production & trading of carpets, pile carpets, blankets & flokati rugs. It also produces & trades aluminum-extruded products and design & development of IT systems. The company's products include Classic Handmade Carpets, Modern Handmade Carpets, Classic Motorcycle Rugs, Ecclesiastical Carpets, Leather Fireplace Rugs and Children-Teenage Carpets.