Jaiprakash Associates Valuation

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

JPASSOCIAT (₹6.27) is trading below our estimate of [[fair value]] (₹26.42)

Is JPASSOCIAT 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: JPASSOCIAT (₹6.27) is trading below our estimate of fair value (₹26.42)

Significantly Below Fair Value: JPASSOCIAT is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As JPASSOCIAT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for JPASSOCIAT. This is calculated by dividing JPASSOCIAT's market cap by their current revenue.
What is JPASSOCIAT's PS Ratio?
PS Ratio	0.2x
Sales	₹65.37b
Market Cap	₹15.61b

JPASSOCIAT 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	2.4x
Enterprise Value/EBITDA	21.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does JPASSOCIAT's PS Ratio compare to its peers?

The above table shows the PS ratio for JPASSOCIAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.3x
532485 Balmer Lawrie Investments	0.7x	n/a	₹16.7b
523319 Balmer Lawrie	1.5x	n/a	₹36.5b
532716 Gillanders Arbuthnot	0.6x	n/a	₹2.3b
502820 DCM	2.4x	n/a	₹1.7b
JPASSOCIAT Jaiprakash Associates	0.2x	n/a	₹15.6b

Price-To-Sales vs Peers: JPASSOCIAT is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does JPASSOCIAT's PS Ratio compare vs other companies in the Asian Industrials Industry?

25 Companies	Price / Sales	Estimated Growth	Market Cap

25 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: JPASSOCIAT is good value based on its Price-To-Sales Ratio (0.2x) compared to the Asian Industrials industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

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

JPASSOCIAT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate JPASSOCIAT's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

J. Kumar Infraprojects

₹52.1b

Engages in the construction business in India.

JKIL

₹687.95

-1.7%

65.2%

IRB Infrastructure Developers

₹287.5b

Engages in the infrastructure development business in India.

IRB

₹47.60

-0.3%

21.9%

Jamna Auto Industries

₹39.8b

Engages in the manufacture and sale of tapered leaf, parabolic springs, and lift axles under the JAI brand in India and internationally.

520051

₹99.85

-4.2%

-12.5%