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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 8.8x - 9.8x | 9.3x |
Historical Pb Multiple | 1.4x - 9.5x | 3.7x |
Fair Value | ₹898.26 - ₹992.81 | ₹945.53 |
Upside | -28.5% - -20.9% | -24.7% |
Benchmarks | - | Full Ticker |
Mazagon Dock Shipbuilders Limited | - | NSEI:MAZDOCK |
CFF Fluid Control Limited | 54,392,000.0% | BSE:543920 |
Hindustan Aeronautics Limited | - | NSEI:HAL |
Bharat Electronics Limited | - | NSEI:BEL |
Garden Reach Shipbuilders & Engineers Limited | - | NSEI:GRSE |
Bharat Dynamics Limited | - | NSEI:BDL |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
MAZDOCK | 543920 | HAL | BEL | GRSE | BDL | |||
NSEI:MAZDOCK | BSE:543920 | NSEI:HAL | NSEI:BEL | NSEI:GRSE | NSEI:BDL | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 29.5% | NM- | 26.8% | 16.1% | 26.6% | 7.7% | ||
3Y CAGR | 55.6% | 310.8% | 32.9% | 23.8% | 32.5% | 33.5% | ||
Latest Twelve Months | 71.9% | 52.0% | 41.6% | 39.8% | 31.2% | 18.7% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 14.6% | 13.2% | 19.5% | 16.7% | 10.5% | 18.1% | ||
Prior Fiscal Year | 14.3% | 14.3% | 21.6% | 16.8% | 8.9% | 14.1% | ||
Latest Fiscal Year | 20.5% | 16.0% | 25.1% | 19.7% | 9.9% | 25.9% | ||
Latest Twelve Months | 24.2% | 16.5% | 27.1% | 21.5% | 8.9% | 23.4% | ||
Return on Equity | ||||||||
5 Year Average Margin | 24.0% | 15.3% | 26.5% | 22.8% | 17.8% | 15.3% | ||
Prior Fiscal Year | 26.0% | 40.6% | 27.2% | 22.8% | 17.1% | 11.3% | ||
Latest Twelve Months | 43.3% | 16.2% | 30.9% | 30.7% | 23.2% | 15.9% | ||
Next Fiscal Year | 38.3% | 21.4% | 22.5% | 26.8% | 23.9% | 17.1% | ||
Two Fiscal Years Forward | 31.7% | 23.7% | 22.9% | 26.0% | 23.8% | 20.0% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 8.2x | 6.8x | 8.4x | 8.7x | 4.0x | 19.1x | ||
Price / LTM EPS | 34.0x | 41.4x | 31.0x | 40.2x | 44.6x | 82.0x | ||
Price / Book | 12.8x | 6.3x | 8.6x | 11.4x | 9.6x | 12.4x | ||
Price / Fwd Book | 11.2x | 5.6x | 7.9x | 10.1x | 8.7x | 11.2x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 6.3x | 9.6x | 12.8x | |||||
Historical P/B Ratio | 1.4x | 3.7x | 9.5x | |||||
Selected P/B Multiple | 8.8x | 9.3x | 9.8x | |||||
(x) Book Value | 37,321 | 37,321 | 37,321 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | MAZDOCK | 543920 | HAL | BEL | GRSE | BDL | |
Value of Common Equity | 934,752 | 8,713 | 2,680,584 | 1,988,991 | 174,520 | 460,201 | |
(/) Shares Outstanding | 403.4 | 19.5 | 668.8 | 7,309.8 | 114.6 | 366.6 | |
Implied Stock Price | 2,317.30 | 447.40 | 4,008.20 | 272.10 | 1,523.50 | 1,255.45 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 2,317.30 | 447.40 | 4,008.20 | 272.10 | 1,523.50 | 1,255.45 | |
Trading Currency | INR | INR | INR | INR | INR | INR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |