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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 0.9x - 1.0x | 1.0x |
Selected Fwd Ps Multiple | 0.8x - 0.8x | 0.8x |
Fair Value | ₹70.12 - ₹77.50 | ₹73.81 |
Upside | 49.2% - 64.9% | 57.0% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
Rathi Bars Limited | 53,291,800.0% | BSE:532918 |
Welspun Specialty Solutions Limited | 50,036,500.0% | BSE:500365 |
Kanishk Steel Industries Limited | 51,345,600.0% | BSE:513456 |
Maharashtra Seamless Limited | - | NSEI:MAHSEAMLES |
Kirloskar Industries Limited | - | NSEI:KIRLOSIND |
Bombay Metrics Supply Chain Limited | - | NSEI:BMETRICS |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
532918 | 500365 | 513456 | MAHSEAMLES | KIRLOSIND | BMETRICS | |||
BSE:532918 | BSE:500365 | BSE:513456 | NSEI:MAHSEAMLES | NSEI:KIRLOSIND | NSEI:BMETRICS | |||
Historical Sales Growth | ||||||||
5Y CAGR | 8.4% | 19.6% | 3.3% | 12.1% | 23.6% | 34.0% | ||
3Y CAGR | 23.8% | 64.3% | 16.5% | 32.8% | 45.5% | 38.9% | ||
Latest Twelve Months | -26.6% | 3.9% | -9.5% | -12.9% | 6.0% | 33.3% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 0.6% | 11.6% | 3.0% | 10.3% | 8.6% | 3.3% | ||
Prior Fiscal Year | 0.5% | 9.0% | 2.4% | 13.4% | 3.3% | 4.0% | ||
Latest Fiscal Year | 0.6% | -0.6% | 0.7% | 17.6% | 3.1% | 3.9% | ||
Latest Twelve Months | 0.6% | -0.6% | 1.8% | 15.6% | 1.8% | 4.3% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 10.2x | 37.1x | 12.2x | 8.2x | 7.2x | 10.0x | ||
Price / LTM Sales | 0.1x | 2.9x | 0.3x | 1.8x | 0.5x | 0.6x | ||
LTM P/E Ratio | 17.5x | -518.3x | 15.3x | 11.5x | 27.3x | 14.3x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.1x | 0.5x | 2.9x | |||||
Historical LTM P/S Ratio | 0.6x | 1.1x | 3.6x | |||||
Selected Price / Sales Multiple | 0.9x | 1.0x | 1.0x | |||||
(x) LTM Sales | 924 | 924 | 924 | |||||
(=) Equity Value | 841 | 886 | 930 | |||||
(/) Shares Outstanding | 12.3 | 12.3 | 12.3 | |||||
Implied Value Range | 68.33 | 71.92 | 75.52 | |||||
FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 68.33 | 71.92 | 75.52 | 47.00 | ||||
Upside / (Downside) | 45.4% | 53.0% | 60.7% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 532918 | 500365 | 513456 | MAHSEAMLES | KIRLOSIND | BMETRICS | |
Value of Common Equity | 563 | 21,223 | 984 | 89,800 | 31,157 | 579 | |
(/) Shares Outstanding | 16.3 | 662.6 | 28.5 | 134.0 | 10.4 | 12.3 | |
Implied Stock Price | 34.50 | 32.03 | 34.56 | 670.15 | 2,992.10 | 47.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 34.50 | 32.03 | 34.56 | 670.15 | 2,992.10 | 47.00 | |
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 |