Похоже, при загрузке страницы произошла ошибка.
Наша команда получила уведомление. Если проблема сохранится, свяжитесь с нами через виджет поддерж. по email.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 27,5x - 30,4x | 28,9x |
| Selected Fwd EBITDA Multiple | 16,0x - 17,7x | 16,9x |
| Fair Value | 1.029₹ - 1.105₹ | 1.067₹ |
| Upside | -36,2% - -31,5% | -33,9% |
| Benchmarks | Ticker | Full Ticker |
| Larsen & Toubro Limited | LT | NSEI:LT |
| CFF Fluid Control Limited | 543920 | BSE:543920 |
| Mazagon Dock Shipbuilders Limited | MAZDOCK | NSEI:MAZDOCK |
| Hindustan Aeronautics Limited | HAL | NSEI:HAL |
| Bharat Electronics Limited | BEL | NSEI:BEL |
| Garden Reach Shipbuilders & Engineers Limited | 542011 | BSE:542011 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| LT | 543920 | MAZDOCK | HAL | BEL | 542011 | ||
| NSEI:LT | BSE:543920 | NSEI:MAZDOCK | NSEI:HAL | NSEI:BEL | BSE:542011 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 9.6% | NM- | 40.4% | 18.1% | 11.5% | 42.6% | |
| 3Y CAGR | 13.5% | 123.0% | 83.5% | 25.7% | 15.9% | 51.6% | |
| Latest Twelve Months | 7.4% | 37.9% | 128.8% | 46.9% | 38.6% | 77.1% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 12.4% | 26.0% | 9.9% | 20.6% | 23.2% | 6.1% | |
| Prior Fiscal Year | 12.4% | 26.1% | 10.2% | 19.6% | 23.1% | 5.9% | |
| Latest Fiscal Year | 12.0% | 28.9% | 14.8% | 27.3% | 25.2% | 6.6% | |
| Latest Twelve Months | 11.4% | 28.2% | 21.6% | 27.4% | 27.5% | 6.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 2.05x | 7.09x | 7.44x | 7.67x | 8.63x | 3.36x | |
| EV / LTM EBITDA | 18.0x | 25.1x | 34.5x | 28.0x | 31.4x | 50.8x | |
| EV / LTM EBIT | 20.4x | 29.5x | 35.4x | 31.6x | 33.6x | 58.5x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 18.0x | 28.0x | 34.5x | ||||
| Historical EV / LTM EBITDA | -58.9x | 2.3x | 26.3x | ||||
| Selected EV / LTM EBITDA | 27.5x | 28.9x | 30.4x | ||||
| (x) LTM EBITDA | 2,946 | 2,946 | 2,946 | ||||
| (=) Implied Enterprise Value | 80,909 | 85,168 | 89,426 | ||||
| (-) Non-shareholder Claims * | 35,332 | 35,332 | 35,332 | ||||
| (=) Equity Value | 116,241 | 120,500 | 124,758 | ||||
| (/) Shares Outstanding | 114.6 | 114.6 | 114.6 | ||||
| Implied Value Range | 1,014.75 | 1,051.92 | 1,089.09 | ||||
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 1,014.75 | 1,051.92 | 1,089.09 | 1,614.25 | |||
| Upside / (Downside) | -37.1% | -34.8% | -32.5% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | LT | 543920 | MAZDOCK | HAL | BEL | 542011 | |
| Enterprise Value | 4,992,534 | 9,041 | 845,663 | 2,457,721 | 2,000,733 | 149,584 | |
| (+) Cash & Short Term Investments | 554,391 | 42 | 135,941 | 289,083 | 83,162 | 35,428 | |
| (+) Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Debt | (1,261,835) | (200) | (362) | (12) | (608) | (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 | 4,285,090 | 8,882 | 981,242 | 2,746,793 | 2,083,287 | 184,916 | |
| (/) Shares Outstanding | 1,375.2 | 19.5 | 403.4 | 668.8 | 7,309.8 | 114.6 | |
| Implied Stock Price | 3,115.95 | 456.10 | 2,432.55 | 4,107.20 | 285.00 | 1,614.25 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 3,115.95 | 456.10 | 2,432.55 | 4,107.20 | 285.00 | 1,614.25 | |
| 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 | |