נראה כי אירעה שגיאה במהלך טעינת העמוד הזה.
הצוות שלנו קיבל דיווח על כך, אבל אם הבעיה נמשכת, אנא צרו קשר באמצעות יישומון תמיכה במייל
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | -15.4x - -17.0x | -16.2x |
| Selected Fwd EBITDA Multiple | 31.2x - 34.4x | 32.8x |
| Fair Value | ₹441.52 - ₹484.82 | ₹463.17 |
| Upside | -7.2% - 1.9% | -2.7% |
| Benchmarks | Ticker | Full Ticker |
| Garden Reach Shipbuilders & Engineers Limited | GRSE | NSEI:GRSE |
| Taneja Aerospace and Aviation Limited | 522229 | BSE:522229 |
| High Energy Batteries (India) Limited | 504176 | BSE:504176 |
| Sika Interplant Systems Limited | 523606 | BSE:523606 |
| Paras Defence and Space Technologies Limited | PARAS | NSEI:PARAS |
| ideaForge Technology Limited | IDEAFORGE | NSEI:IDEAFORGE |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| GRSE | 522229 | 504176 | 523606 | PARAS | IDEAFORGE | ||
| NSEI:GRSE | BSE:522229 | BSE:504176 | BSE:523606 | NSEI:PARAS | NSEI:IDEAFORGE | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 62.2% | 13.6% | 9.1% | 24.5% | 18.6% | NM- | |
| 3Y CAGR | 44.9% | 16.1% | -6.7% | 13.9% | 22.5% | NM- | |
| Latest Twelve Months | 106.2% | 38.7% | 9.1% | 66.5% | 47.8% | -3208.3% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 6.8% | 54.7% | 34.0% | 19.6% | 26.5% | -6.2% | |
| Prior Fiscal Year | 6.6% | 62.9% | 34.1% | 19.4% | 20.1% | 11.8% | |
| Latest Fiscal Year | 8.2% | 63.4% | 29.7% | 20.5% | 26.7% | -47.4% | |
| Latest Twelve Months | 9.4% | 65.7% | 27.4% | 19.8% | 25.4% | -102.2% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 4.76x | 22.93x | 6.82x | 13.00x | 14.65x | 21.14x | |
| EV / LTM EBITDA | 53.6x | 34.9x | 24.9x | 65.7x | 57.6x | -20.7x | |
| EV / LTM EBIT | 59.0x | 40.0x | 26.0x | 67.7x | 68.7x | -18.3x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 24.9x | 53.6x | 65.7x | ||||
| Historical EV / LTM EBITDA | -31.5x | 37.5x | 106.5x | ||||
| Selected EV / LTM EBITDA | -15.4x | -16.2x | -17.0x | ||||
| (x) LTM EBITDA | (935) | (935) | (935) | ||||
| (=) Implied Enterprise Value | 14,358 | 15,114 | 15,870 | ||||
| (-) Non-shareholder Claims * | 1,304 | 1,304 | 1,304 | ||||
| (=) Equity Value | 15,663 | 16,418 | 17,174 | ||||
| (/) Shares Outstanding | 43.2 | 43.2 | 43.2 | ||||
| Implied Value Range | 362.15 | 379.62 | 397.09 | ||||
| FX Rate: INR/INR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 362.15 | 379.62 | 397.09 | 475.80 | |||
| Upside / (Downside) | -23.9% | -20.2% | -16.5% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | GRSE | 522229 | 504176 | 523606 | PARAS | IDEAFORGE | |
| Enterprise Value | 261,565 | 9,188 | 5,328 | 24,118 | 55,027 | 19,274 | |
| (+) Cash & Short Term Investments | 31,573 | 89 | 34 | 289 | 1,108 | 1,470 | |
| (+) Investments & Other | 0 | 0 | 27 | 484 | 0 | 269 | |
| (-) Debt | (320) | (2) | (214) | 0 | (240) | (434) | |
| (-) 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 | 292,818 | 9,275 | 5,175 | 24,891 | 55,895 | 20,578 | |
| (/) Shares Outstanding | 114.6 | 25.5 | 9.0 | 21.2 | 80.6 | 43.2 | |
| Implied Stock Price | 2,556.20 | 363.70 | 577.35 | 1,174.05 | 693.60 | 475.80 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 2,556.20 | 363.70 | 577.35 | 1,174.05 | 693.60 | 475.80 | |
| 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 | |