Calculating The Fair Value Of ACC Limited (NSE:ACC)
Nov 20
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Indian (NIFTY) Construction Materials Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies68
- 7D-1.3%
- 3M-5.9%
- 1Y15.0%
- YTDn/a
Over the last 7 days, the Construction Materials industry has dropped 1.3%, driven by a pullback from UltraTech Cement of 0.1%. This takes the industry's 12 month performance to a gain of 15%. As for the next few years, earnings are expected to grow by 17% per annum.
Industry Valuation and Performance
Has the Indian Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₹9.4t | ₹3.9t | ₹203.1b | 37.5x | 46.4x | 2.4x |
| Sat, 19 Oct 2024 | ₹9.9t | ₹3.9t | ₹239.4b | 33x | 41.2x | 2.5x |
| Mon, 16 Sep 2024 | ₹10.4t | ₹3.9t | ₹239.4b | 32.8x | 43.4x | 2.7x |
| Wed, 14 Aug 2024 | ₹9.8t | ₹3.9t | ₹239.5b | 32.5x | 41x | 2.5x |
| Fri, 12 Jul 2024 | ₹10.5t | ₹3.9t | ₹248.6b | 33.8x | 42.3x | 2.7x |
| Sun, 09 Jun 2024 | ₹9.6t | ₹3.9t | ₹248.5b | 28.9x | 38.5x | 2.5x |
| Tue, 07 May 2024 | ₹9.3t | ₹3.8t | ₹251.5b | 31x | 37x | 2.4x |
| Thu, 04 Apr 2024 | ₹9.3t | ₹3.8t | ₹234.5b | 32.6x | 39.5x | 2.4x |
| Sat, 02 Mar 2024 | ₹9.3t | ₹3.8t | ₹234.5b | 32.7x | 39.5x | 2.4x |
| Mon, 29 Jan 2024 | ₹9.0t | ₹3.8t | ₹231.7b | 37.3x | 39x | 2.4x |
| Wed, 27 Dec 2023 | ₹8.9t | ₹3.8t | ₹216.9b | 35.8x | 40.9x | 2.4x |
| Fri, 24 Nov 2023 | ₹7.9t | ₹3.8t | ₹216.9b | 32.3x | 36.4x | 2.1x |
| Sun, 22 Oct 2023 | ₹7.8t | ₹3.7t | ₹191.3b | 33.8x | 40.9x | 2.1x |
| Tue, 19 Sep 2023 | ₹7.9t | ₹3.7t | ₹185.2b | 31.1x | 42.8x | 2.2x |
| Thu, 17 Aug 2023 | ₹7.5t | ₹3.7t | ₹184.0b | 31.6x | 40.6x | 2x |
| Sat, 15 Jul 2023 | ₹7.4t | ₹3.6t | ₹185.8b | 29.8x | 39.6x | 2.1x |
| Mon, 12 Jun 2023 | ₹7.5t | ₹3.6t | ₹185.8b | 33.9x | 40.2x | 2.1x |
| Wed, 10 May 2023 | ₹7.1t | ₹3.5t | ₹208.7b | 24.7x | 34x | 2x |
| Fri, 07 Apr 2023 | ₹7.0t | ₹3.4t | ₹210.3b | 23x | 33.1x | 2x |
| Sun, 05 Mar 2023 | ₹6.8t | ₹3.4t | ₹210.0b | 24.8x | 32.2x | 2x |
| Tue, 31 Jan 2023 | ₹6.5t | ₹3.4t | ₹206.3b | 24x | 31.7x | 1.9x |
| Thu, 29 Dec 2022 | ₹7.2t | ₹3.3t | ₹214.1b | 24.3x | 33.6x | 2.2x |
| Sat, 26 Nov 2022 | ₹7.2t | ₹3.3t | ₹213.8b | 24.3x | 33.5x | 2.1x |
| Mon, 24 Oct 2022 | ₹6.7t | ₹3.3t | ₹234.3b | 21.5x | 28.4x | 2x |
| Wed, 21 Sep 2022 | ₹7.2t | ₹3.2t | ₹256.5b | 21.1x | 28.1x | 2.2x |
| Fri, 19 Aug 2022 | ₹6.5t | ₹3.2t | ₹256.9b | 19.5x | 25.5x | 2x |
| Sun, 17 Jul 2022 | ₹5.8t | ₹3.0t | ₹266.1b | 16x | 21.6x | 1.9x |
| Tue, 14 Jun 2022 | ₹5.5t | ₹3.0t | ₹270.6b | 15.8x | 20.2x | 1.8x |
| Thu, 12 May 2022 | ₹6.2t | ₹3.0t | ₹272.0b | 14.3x | 22.7x | 2.1x |
| Sat, 09 Apr 2022 | ₹6.7t | ₹2.9t | ₹271.0b | 16.5x | 24.8x | 2.3x |
| Mon, 07 Mar 2022 | ₹5.9t | ₹2.9t | ₹271.4b | 14.8x | 21.8x | 2x |
| Wed, 02 Feb 2022 | ₹7.2t | ₹2.9t | ₹281.7b | 17.2x | 25.6x | 2.5x |
| Fri, 31 Dec 2021 | ₹7.0t | ₹2.9t | ₹283.4b | 17.4x | 24.7x | 2.4x |
| Sun, 28 Nov 2021 | ₹7.1t | ₹2.9t | ₹283.4b | 16.2x | 25x | 2.5x |
Price to Earnings Ratio
25x
Current Industry PE
- Investors are optimistic on the Indian Construction Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 46.4x which is higher than its 3-year average PE of 33.9x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Construction Materials industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Construction Materials compare with similar industries?
| IN Market | -1.80% | |
| Materials | -2.02% | |
| Basic Materials | -1.31% | |
| Construction Materials | -1.31% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500425 Ambuja Cements | ₹549.60 | 0.8% +₹10.5b | 32.7% | PE45.5x | |
| 500380 JK Lakshmi Cement | ₹748.95 | 5.8% +₹4.8b | -5.3% | PE24.7x | |
| RAMCOCEM Ramco Cements | ₹903.55 | 2.2% +₹4.6b | -7.1% | PE77.2x | |
| GRASIM Grasim Industries | ₹2.51k | 0.2% +₹3.6b | 27.1% | PE38x | |
| NUVOCO Nuvoco Vistas | ₹338.05 | 2.9% +₹3.4b | -3.8% | PE246.2x |
