NCC Valuation

Is 500294 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 500294 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500294 (₹245.15) is trading below our estimate of fair value (₹293.73)

Significantly Below Fair Value: 500294 is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500294?

Other financial metrics that can be useful for relative valuation.

500294 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/Revenue0.8x
Enterprise Value/EBITDA9.7x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does 500294's PE Ratio compare to its peers?

The above table shows the PE ratio for 500294 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.3x
IRCON Ircon International
25x3.9%₹234.6b
PRAJIND Praj Industries
35.6x17.8%₹99.4b
KEC KEC International
72.3x50.1%₹193.3b
KPIL Kalpataru Projects International
40.3x27.2%₹201.7b
23.2x24.9%₹153.9b

Price-To-Earnings vs Peers: 500294 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (43.3x).


Price to Earnings Ratio vs Industry

How does 500294's PE Ratio compare vs other companies in the IN Construction Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a24.0%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a24.0%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 500294 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the Indian Construction industry average (28.1x).


Price to Earnings Ratio vs Fair Ratio

What is 500294'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.

500294 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.2x
Fair PE Ratio48.6x

Price-To-Earnings vs Fair Ratio: 500294 is good value based on its Price-To-Earnings Ratio (23.2x) compared to the estimated Fair Price-To-Earnings Ratio (48.6x).


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 500294 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹245.15
₹261.83
+6.8%
8.8%₹305.00₹229.00n/a12
Apr ’25₹242.70
₹257.91
+6.3%
7.6%₹288.00₹229.00n/a11
Mar ’25₹253.00
₹257.91
+1.9%
7.6%₹288.00₹229.00n/a11
Feb ’25₹208.05
₹192.17
-7.6%
10.4%₹240.00₹170.00n/a12
Jan ’25₹166.60
₹187.08
+12.3%
5.3%₹207.00₹170.00n/a12
Dec ’24₹165.40
₹187.08
+13.1%
5.3%₹207.00₹170.00n/a12
Nov ’24₹141.15
₹182.08
+29.0%
6.9%₹212.00₹164.00n/a12
Oct ’24₹155.10
₹180.17
+16.2%
5.1%₹195.00₹164.00n/a12
Sep ’24₹170.30
₹174.67
+2.6%
8.9%₹195.00₹140.00n/a12
Aug ’24₹154.90
₹146.92
-5.2%
8.4%₹170.00₹120.00n/a12
Jul ’24₹122.10
₹143.91
+17.9%
7.4%₹160.00₹120.00n/a11
Jun ’24₹123.00
₹143.91
+17.0%
7.4%₹160.00₹120.00n/a11
May ’24₹119.65
₹123.40
+3.1%
8.8%₹146.00₹113.00₹241.9010
Apr ’24₹106.30
₹121.10
+13.9%
7.6%₹146.00₹113.00₹242.7010
Mar ’24₹91.22
₹118.33
+29.7%
3.6%₹128.00₹113.00₹253.009
Feb ’24₹89.55
₹98.33
+9.8%
12.4%₹118.00₹80.00₹208.059
Jan ’24₹84.10
₹96.44
+14.7%
10.5%₹116.00₹80.00₹166.609
Dec ’23₹79.60
₹95.30
+19.7%
10.7%₹116.00₹80.00₹165.4010
Nov ’23₹73.80
₹90.00
+22.0%
11.3%₹107.00₹75.00₹141.1510
Oct ’23₹71.70
₹90.00
+25.5%
11.3%₹107.00₹75.00₹155.1010
Sep ’23₹72.10
₹90.00
+24.8%
11.3%₹107.00₹75.00₹170.3010
Aug ’23₹61.55
₹90.33
+46.8%
12.8%₹110.00₹70.00₹154.909
Jul ’23₹55.20
₹90.33
+63.6%
12.8%₹110.00₹70.00₹122.109
Jun ’23₹64.65
₹96.09
+48.6%
17.0%₹132.00₹70.00₹123.0011
May ’23₹68.25
₹107.00
+56.8%
10.8%₹132.00₹80.00₹119.6512

Analyst Forecast: Target price is less than 20% higher than the current share price.


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