G R Infraprojects Limited

NSEI:GRINFRA Stock Report

Market Cap: ₹132.4b

G R Infraprojects Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: GRINFRA (₹1369.65) is trading above our estimate of fair value (₹336.45)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

GRINFRA 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/Revenue2.1x
Enterprise Value/EBITDA8.3x
PEG Ratio-0.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GRINFRA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.6x
ENGINERSIN Engineers India
26.4x-0.3%₹137.5b
PNCINFRA PNC Infratech
17.4x10.8%₹115.1b
TECHNOE Techno Electric & Engineering
54.7x25.6%₹109.2b
KPIL Kalpataru Projects International
39.8x27.2%₹199.1b
GRINFRA G R Infraprojects
11.4x-12.1%₹132.4b

Price-To-Earnings vs Peers: GRINFRA is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (34.6x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a23.9%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a23.9%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: GRINFRA is good value based on its Price-To-Earnings Ratio (11.4x) compared to the Indian Construction industry average (28.9x).


Price to Earnings Ratio vs Fair Ratio

What is GRINFRA'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.

GRINFRA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio16.9x

Price-To-Earnings vs Fair Ratio: GRINFRA is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.9x).


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 GRINFRA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,369.65
₹1,278.58
-6.6%
17.1%₹1,680.00₹920.00n/a12
Apr ’25₹1,383.60
₹1,261.92
-8.8%
15.9%₹1,680.00₹920.00n/a12
Mar ’25₹1,227.55
₹1,261.92
+2.8%
15.9%₹1,680.00₹920.00n/a12
Feb ’25₹1,231.95
₹1,295.92
+5.2%
14.1%₹1,680.00₹1,010.00n/a12
Jan ’25₹1,133.30
₹1,288.83
+13.7%
14.4%₹1,680.00₹1,010.00n/a12
Dec ’24₹1,045.95
₹1,282.58
+22.6%
14.6%₹1,680.00₹1,010.00n/a12
Nov ’24₹1,108.10
₹1,463.50
+32.1%
11.6%₹1,830.00₹1,190.00n/a12
Oct ’24₹1,207.40
₹1,487.67
+23.2%
10.6%₹1,830.00₹1,190.00n/a12
Sep ’24₹1,275.10
₹1,487.67
+16.7%
10.6%₹1,830.00₹1,190.00n/a12
Aug ’24₹1,301.80
₹1,425.42
+9.5%
15.3%₹1,815.00₹1,010.00n/a12
Jul ’24₹1,281.40
₹1,389.45
+8.4%
15.1%₹1,815.00₹1,010.00n/a11
Jun ’24₹1,268.05
₹1,378.67
+8.7%
14.4%₹1,820.00₹1,010.00n/a12
May ’24₹981.40
₹1,397.50
+42.4%
13.2%₹1,820.00₹1,070.00₹1,369.6512
Apr ’24₹1,004.60
₹1,418.00
+41.2%
13.8%₹1,820.00₹1,070.00₹1,383.6012
Mar ’24₹1,016.95
₹1,441.92
+41.8%
14.1%₹1,820.00₹1,070.00₹1,227.5512
Feb ’24₹1,197.90
₹1,477.92
+23.4%
16.2%₹1,975.00₹1,070.00₹1,231.9512
Jan ’24₹1,139.90
₹1,495.54
+31.2%
16.0%₹1,975.00₹1,070.00₹1,133.3013
Dec ’23₹1,203.75
₹1,496.31
+24.3%
15.9%₹1,975.00₹1,080.00₹1,045.9513
Nov ’23₹1,215.25
₹1,608.92
+32.4%
11.4%₹1,945.00₹1,200.00₹1,108.1013
Oct ’23₹1,225.15
₹1,608.92
+31.3%
11.4%₹1,945.00₹1,200.00₹1,207.4013
Sep ’23₹1,351.20
₹1,629.00
+20.6%
11.7%₹1,945.00₹1,200.00₹1,275.1014
Aug ’23₹1,386.65
₹1,620.33
+16.9%
19.1%₹2,300.00₹1,080.00₹1,301.8012
Jul ’23₹1,092.95
₹1,646.17
+50.6%
18.8%₹2,300.00₹1,080.00₹1,281.4012
Jun ’23₹1,420.90
₹1,722.10
+21.2%
16.6%₹2,300.00₹1,236.00₹1,268.0510
May ’23₹1,564.95
₹1,838.33
+17.5%
12.0%₹2,300.00₹1,475.00₹981.409

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


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