The Hi-Tech Gears (NSE:HITECHGEAR) Growth Rank : 3 (As of Jun. 22, 2024)

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What is The Hi-Tech Gears Growth Rank?

The Hi-Tech Gears has the Growth Rank of 3.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

Competitive Comparison of The Hi-Tech Gears's Growth Rank

For the Auto Parts subindustry, The Hi-Tech Gears's Growth Rank, along with its competitors' market caps and Growth Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Hi-Tech Gears's Growth Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's Growth Rank distribution charts can be found below:

* The bar in red indicates where The Hi-Tech Gears's Growth Rank falls into.

The Hi-Tech Gears Growth Rank Related Terms

Thank you for viewing the detailed overview of The Hi-Tech Gears's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

The Hi-Tech Gears (NSE:HITECHGEAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » The Hi-Tech Gears Ltd (NSE:HITECHGEAR) » Definitions » Growth Rank

Comparable Companies

Traded in Other Exchanges

522073:India

Address

Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009

Website

https://www.thehitechgears.com

The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is primarily engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzer, clutches, steering wheels, steering columns and steering boxes. The company's product includes power takeoff, car transmission and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India.

The Hi-Tech Gears (NSE:HITECHGEAR) Headlines

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