IVE Group IPO, page-4

I have done some work as follows:
BENCHMARKS
Have compared with Salmat and PMP. There must be some other businesses to compare against ?
PROFITABILITY
IVE , EBIT to Sales is 8 percent. Compares with Salmat and PMP at 1 to 2 percent. However, IVE forecast for 2016 is much higher than historical results.
RETURN ON ASSETS
IVE return on assets of 19 percent. Compares with Salmat and PMP at around 1 to 5 percent.
PRICING
At the IPO price of 2.22 cents IVE is reasonably cheap but seems to be much more profitable than its peers assuming Salmat and PMP realistic benchmarks.
SUMMARY
A profitable business in an industry with terrible results ( Salmat and PMP ) .Being sold at a reasonable price assuming their profit forecast for 2016 is realistic.
I always get nervous with companies claiming great results in a terrible industry. Assuming Salmat and PMP accurate benchmarks.

ANY OTHER VIEWS ON THIS BUSINESS ?
OTHER COMPANIES THAT LOOK SIMILAR ?