Eicher Motors Limited

NSEI:EICHERMOT Stock Report

Market Cap: ₹1.3t

Eicher Motors Valuation

Is EICHERMOT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EICHERMOT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EICHERMOT (₹4899.2) is trading above our estimate of fair value (₹1448.55)

Significantly Below Fair Value: EICHERMOT is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EICHERMOT?

Other financial metrics that can be useful for relative valuation.

EICHERMOT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue7.5x
Enterprise Value/EBITDA26x
PEG Ratio3.1x

Price to Earnings Ratio vs Peers

How does EICHERMOT's PE Ratio compare to its peers?

The above table shows the PE ratio for EICHERMOT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.9x
532343 TVS Motor
78.8x23.7%₹1.4t
500182 Hero MotoCorp
28.3x12.1%₹1.2t
BAJAJ-AUTO Bajaj Auto
40.9x12.9%₹3.3t
531795 Atul Auto
95.8xn/a₹18.6b
EICHERMOT Eicher Motors
32.1x10.4%₹1.3t

Price-To-Earnings vs Peers: EICHERMOT is good value based on its Price-To-Earnings Ratio (32.1x) compared to the peer average (60.9x).

Price to Earnings Ratio vs Industry

How does EICHERMOT's PE Ratio compare vs other companies in the Asian Auto Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.9%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.9%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: EICHERMOT is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the Asian Auto industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is EICHERMOT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EICHERMOT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.1x
Fair PE Ratio30x

Price-To-Earnings vs Fair Ratio: EICHERMOT is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the estimated Fair Price-To-Earnings Ratio (30x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EICHERMOT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹4,899.20
₹4,698.08
-4.1%
13.8%₹5,820.00₹3,533.00n/a39
Sep ’25₹4,960.50
₹4,698.08
-5.3%
13.8%₹5,820.00₹3,533.00n/a39
Aug ’25₹4,968.80
₹4,599.16
-7.4%
15.2%₹6,000.00₹3,400.00n/a38
Jul ’25₹4,635.55
₹4,549.49
-1.9%
15.5%₹6,000.00₹3,400.00n/a39
Jun ’25₹4,733.45
₹4,488.85
-5.2%
15.2%₹6,000.00₹3,400.00n/a40
May ’25₹4,597.40
₹4,096.51
-10.9%
11.6%₹5,000.00₹3,100.00n/a39
Apr ’25₹3,946.65
₹4,076.98
+3.3%
11.6%₹5,000.00₹3,100.00n/a40
Mar ’25₹3,843.55
₹4,055.75
+5.5%
11.2%₹4,900.00₹3,000.00n/a40
Feb ’25₹3,933.20
₹4,002.26
+1.8%
11.6%₹4,900.00₹2,900.00n/a39
Jan ’25₹4,038.35
₹3,954.39
-2.1%
10.7%₹4,700.00₹2,900.00n/a38
Dec ’24₹3,891.20
₹3,882.18
-0.2%
10.1%₹4,650.00₹2,900.00n/a38
Nov ’24₹3,282.25
₹3,704.75
+12.9%
9.7%₹4,440.00₹2,850.00n/a36
Oct ’24₹3,446.95
₹3,667.67
+6.4%
9.2%₹4,165.00₹2,850.00n/a36
Sep ’24₹3,400.40
₹3,669.33
+7.9%
9.0%₹4,165.00₹2,850.00₹4,960.5036
Aug ’24₹3,415.90
₹3,696.34
+8.2%
9.4%₹4,331.00₹2,720.00₹4,968.8038
Jul ’24₹3,580.10
₹3,853.54
+7.6%
8.7%₹4,800.00₹2,900.00₹4,635.5537
Jun ’24₹3,716.05
₹3,860.26
+3.9%
8.6%₹4,800.00₹2,900.00₹4,733.4538
May ’24₹3,301.10
₹3,715.47
+12.6%
9.5%₹4,400.00₹2,800.00₹4,597.4038
Apr ’24₹2,948.85
₹3,768.61
+27.8%
9.7%₹4,400.00₹2,825.00₹3,946.6536
Mar ’24₹3,138.80
₹3,794.19
+20.9%
10.2%₹4,606.00₹2,825.00₹3,843.5537
Feb ’24₹3,303.10
₹3,897.08
+18.0%
10.7%₹4,935.00₹2,800.00₹3,933.2036
Jan ’24₹3,227.75
₹3,884.08
+20.3%
11.9%₹4,935.00₹2,650.00₹4,038.3537
Dec ’23₹3,437.45
₹3,865.18
+12.4%
12.2%₹4,935.00₹2,650.00₹3,891.2038
Nov ’23₹3,798.40
₹3,624.37
-4.6%
14.0%₹4,500.00₹2,580.00₹3,282.2538
Oct ’23₹3,671.60
₹3,557.21
-3.1%
13.1%₹4,500.00₹2,580.00₹3,446.9538
Sep ’23₹3,411.60
₹3,431.82
+0.6%
12.4%₹4,500.00₹2,520.00₹3,400.4039

Analyst Forecast: Target price is lower than the current share price.

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