Adani Enterprises Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: ADANIENT (₹2437.1) is trading above our estimate of fair value (₹13.03)

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

Key Valuation Metric

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

Key metric: As ADANIENT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ADANIENT. This is calculated by dividing ADANIENT's market cap by their current earnings.
What is ADANIENT's PE Ratio?
PE Ratio	52x
Earnings	₹54.07b
Market Cap	₹2.81t

ADANIENT 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/Revenue	3.5x
Enterprise Value/EBITDA	27.7x
PEG Ratio	1.6x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ADANIENT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	53.4x
INDIAMART IndiaMART InterMESH	32.6x	12.1%	₹140.4b
532884 Refex Industries	57.6x	n/a	₹64.2b
MSTCLTD MSTC	26.3x	n/a	₹51.1b
SIEMENS Siemens	97.3x	17.0%	₹2.6t
ADANIENT Adani Enterprises	52x	33.4%	₹2.8t

Price-To-Earnings vs Peers: ADANIENT is good value based on its Price-To-Earnings Ratio (52x) compared to the peer average (53.4x).

Price to Earnings Ratio vs Industry

How does ADANIENT's PE Ratio compare vs other companies in the IN Trade Distributors Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
526971 Dhoot Industrial Finance	1.5x	n/a	US$28.66m
531178 Hemang Resources	3.3x	n/a	US$4.27m
512221 SPV Global Trading	0.8x	n/a	US$327.43k
512026 PH Trading	1.6x	n/a	US$58.48k

No more companies available in this PE range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ADANIENT is expensive based on its Price-To-Earnings Ratio (52x) compared to the Indian Trade Distributors industry average (36.8x).

Price to Earnings Ratio vs Fair Ratio

What is ADANIENT'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.

ADANIENT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	52x
Fair PE Ratio	80.3x

Price-To-Earnings vs Fair Ratio: ADANIENT is good value based on its Price-To-Earnings Ratio (52x) compared to the estimated Fair Price-To-Earnings Ratio (80.3x).

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 ADANIENT forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	₹2,437.10	₹4,255.00 +74.6%	10.7%	₹4,710.00	₹3,800.00	n/a	2
Nov ’25	₹2,949.50	₹4,255.00 +44.3%	10.7%	₹4,710.00	₹3,800.00	n/a	2
Oct ’25	₹3,186.10	₹4,230.50 +32.8%	10.2%	₹4,661.00	₹3,800.00	n/a	2
Sep ’25	₹3,019.35	₹4,230.50 +40.1%	10.2%	₹4,661.00	₹3,800.00	n/a	2
Aug ’25	₹3,217.25	₹4,230.50 +31.5%	10.2%	₹4,661.00	₹3,800.00	n/a	2
Jul ’25	₹3,183.80	₹4,069.00 +27.8%	6.6%	₹4,338.00	₹3,800.00	n/a	2
Jun ’25	₹3,411.35	₹4,069.00 +19.3%	6.6%	₹4,338.00	₹3,800.00	n/a	2
May ’25	₹3,054.70	₹4,244.00 +38.9%	10.5%	₹4,688.00	₹3,800.00	n/a	2
Apr ’25	₹3,252.10	₹4,244.00 +30.5%	10.5%	₹4,688.00	₹3,800.00	n/a	2
Mar ’25	₹3,318.75	₹4,244.00 +27.9%	10.5%	₹4,688.00	₹3,800.00	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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