ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 29.3x - 32.4x | 30.8x |
| Selected Fwd EBITDA Multiple | 17.1x - 18.9x | 18.0x |
| Fair Value | ₹1,078 - ₹1,159 | ₹1,118 |
| Upside | -37.8% - -33.2% | -35.5% |
| Benchmarks | Ticker | Full Ticker |
| Larsen & Toubro Limited | LT | NSEI:LT |
| Taneja Aerospace and Aviation Limited | 522229 | BSE:522229 |
| Mazagon Dock Shipbuilders Limited | MAZDOCK | NSEI:MAZDOCK |
| Hindustan Aeronautics Limited | HAL | NSEI:HAL |
| Bharat Dynamics Limited | BDL | NSEI:BDL |
| Garden Reach Shipbuilders & Engineers Limited | 542011 | BSE:542011 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| LT | 522229 | MAZDOCK | HAL | BDL | 542011 | ||
| NSEI:LT | BSE:522229 | NSEI:MAZDOCK | NSEI:HAL | NSEI:BDL | BSE:542011 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 9.6% | 6.6% | 40.4% | 18.1% | -2.8% | 42.6% | |
| 3Y CAGR | 13.5% | 9.3% | 83.5% | 25.7% | 16.2% | 51.6% | |
| Latest Twelve Months | 7.4% | 20.6% | 128.8% | 46.9% | 18.5% | 77.1% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 12.4% | 52.4% | 9.9% | 20.6% | 20.5% | 6.1% | |
| Prior Fiscal Year | 12.4% | 58.4% | 10.2% | 19.6% | 16.3% | 5.9% | |
| Latest Fiscal Year | 12.0% | 62.9% | 14.8% | 27.3% | 22.5% | 6.6% | |
| Latest Twelve Months | 11.4% | 62.1% | 21.6% | 27.4% | 19.8% | 6.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 2.13x | 20.23x | 8.66x | 8.10x | 19.90x | 3.69x | |
| EV / LTM EBITDA | 18.7x | 32.6x | 40.1x | 29.6x | 100.5x | 55.7x | |
| EV / LTM EBIT | 21.2x | 39.9x | 41.2x | 33.4x | 114.1x | 64.1x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 18.7x | 32.6x | 100.5x | ||||
| Historical EV / LTM EBITDA | -58.9x | 2.3x | 26.3x | ||||
| Selected EV / LTM EBITDA | 29.3x | 30.8x | 32.4x | ||||
| (x) LTM EBITDA | 2,946 | 2,946 | 2,946 | ||||
| (=) Implied Enterprise Value | 86,290 | 90,832 | 95,373 | ||||
| (-) Non-shareholder Claims * | 35,332 | 35,332 | 35,332 | ||||
| (=) Equity Value | 121,622 | 126,164 | 130,705 | ||||
| (/) Shares Outstanding | 114.6 | 114.6 | 114.6 | ||||
| Implied Value Range | 1,061.72 | 1,101.37 | 1,141.01 | ||||
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 1,061.72 | 1,101.37 | 1,141.01 | 1,733.90 | |||
| Upside / (Downside) | -38.8% | -36.5% | -34.2% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | LT | 522229 | MAZDOCK | HAL | BDL | 542011 | |
| Enterprise Value | 5,187,608 | 7,517 | 975,894 | 2,577,298 | 482,112 | 163,290 | |
| (+) Cash & Short Term Investments | 554,391 | 101 | 135,941 | 289,083 | 34,734 | 35,428 | |
| (+) Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Debt | (1,261,835) | (3) | (362) | (12) | (29) | (96) | |
| (-) Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 4,480,164 | 7,616 | 1,111,473 | 2,866,370 | 516,816 | 198,622 | |
| (/) Shares Outstanding | 1,375.2 | 25.5 | 403.4 | 668.8 | 366.6 | 114.6 | |
| Implied Stock Price | 3,257.80 | 298.65 | 2,755.40 | 4,286.00 | 1,409.90 | 1,733.90 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 3,257.80 | 298.65 | 2,755.40 | 4,286.00 | 1,409.90 | 1,733.90 | |
| 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 | |