ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 15.1x - 16.7x | 15.9x |
| Selected Fwd EBITDA Multiple | 10.6x - 11.8x | 11.2x |
| Fair Value | ₹2,556 - ₹2,831 | ₹2,694 |
| Upside | -7.0% - 3.0% | -2.0% |
| Benchmarks | Ticker | Full Ticker |
| Larsen & Toubro Limited | LT | NSEI:LT |
| Isgec Heavy Engineering Limited | ISGEC | NSEI:ISGEC |
| Bharat Heavy Electricals Limited | BHEL | NSEI:BHEL |
| Thermax Limited | THERMAX | NSEI:THERMAX |
| Dilip Buildcon Limited | DBL | NSEI:DBL |
| Power Mech Projects Limited | POWERMECH | NSEI:POWERMECH |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| LT | ISGEC | BHEL | THERMAX | DBL | POWERMECH | ||
| NSEI:LT | NSEI:ISGEC | NSEI:BHEL | NSEI:THERMAX | NSEI:DBL | NSEI:POWERMECH | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 9.6% | 13.4% | -25.4% | 12.5% | -4.4% | 11.2% | |
| 3Y CAGR | 13.5% | 4.5% | NM- | 34.1% | -12.6% | 131.4% | |
| Latest Twelve Months | 7.4% | -7.4% | 390.0% | 24.4% | 45.2% | 11.1% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 12.4% | 7.0% | -3.2% | 7.4% | 13.9% | 9.5% | |
| Prior Fiscal Year | 12.4% | 7.4% | 2.0% | 7.6% | 8.8% | 11.2% | |
| Latest Fiscal Year | 12.0% | 8.2% | 2.1% | 8.9% | 11.7% | 11.8% | |
| Latest Twelve Months | 11.4% | 7.7% | 3.6% | 9.0% | 15.7% | 11.4% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 2.13x | 1.45x | 2.94x | 3.72x | 1.29x | 1.87x | |
| EV / LTM EBITDA | 18.7x | 18.8x | 81.0x | 41.2x | 8.2x | 16.4x | |
| EV / LTM EBIT | 21.2x | 23.1x | 102.3x | 48.4x | 10.1x | 17.8x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 8.2x | 18.8x | 81.0x | ||||
| Historical EV / LTM EBITDA | 2.8x | 11.0x | 50.4x | ||||
| Selected EV / LTM EBITDA | 15.1x | 15.9x | 16.7x | ||||
| (x) LTM EBITDA | 5,330 | 5,330 | 5,330 | ||||
| (=) Implied Enterprise Value | 80,440 | 84,674 | 88,908 | ||||
| (-) Non-shareholder Claims * | (1,714) | (1,714) | (1,714) | ||||
| (=) Equity Value | 78,726 | 82,960 | 87,193 | ||||
| (/) Shares Outstanding | 31.6 | 31.6 | 31.6 | ||||
| Implied Value Range | 2,490.04 | 2,623.95 | 2,757.86 | ||||
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 2,490.04 | 2,623.95 | 2,757.86 | 2,749.60 | |||
| Upside / (Downside) | -9.4% | -4.6% | 0.3% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | LT | ISGEC | BHEL | THERMAX | DBL | POWERMECH | |
| Enterprise Value | 5,207,274 | 93,892 | 814,535 | 373,186 | 148,142 | 88,647 | |
| (+) Cash & Short Term Investments | 554,391 | 2,748 | 51,048 | 29,433 | 7,116 | 4,877 | |
| (+) Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Debt | (1,261,835) | (7,207) | (91,277) | (14,754) | (90,398) | (6,592) | |
| (-) 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 | 4,499,830 | 89,434 | 774,306 | 387,866 | 64,861 | 86,932 | |
| (/) Shares Outstanding | 1,375.2 | 73.7 | 3,482.1 | 112.6 | 146.2 | 31.6 | |
| Implied Stock Price | 3,272.10 | 1,213.00 | 222.37 | 3,444.00 | 443.60 | 2,749.60 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 3,272.10 | 1,213.00 | 222.37 | 3,444.00 | 443.60 | 2,749.60 | |
| 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 | |