Marine Electricals (India) Valuation

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

MARINE (₹225.07) is trading above our estimate of [[fair value]] (₹88.2)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: MARINE (₹225.07) is trading above our estimate of fair value (₹88.2)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MARINE. This is calculated by dividing MARINE's market cap by their current earnings.
What is MARINE's PE Ratio?
PE Ratio	75.8x
Earnings	₹374.98m
Market Cap	₹28.43b

MARINE 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	4.1x
Enterprise Value/EBITDA	43.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MARINE 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	44.3x
INDOTECH Indo Tech Transformers	47.1x	n/a	₹28.2b
HPL HPL Electric & Power	48.3x	42.4%	₹31.0b
522281 Ram Ratna Wires	43.7x	n/a	₹26.1b
PRECWIRE Precision Wires India	38.1x	n/a	₹31.0b
MARINE Marine Electricals (India)	75.8x	n/a	₹28.4b

Price-To-Earnings vs Peers: MARINE is expensive based on its Price-To-Earnings Ratio (75.8x) compared to the peer average (44.3x).

Price to Earnings Ratio vs Industry

How does MARINE's PE Ratio compare vs other companies in the IN Electrical Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
504058 Indo National	2.7x	n/a	US$45.56m
533203 Tarapur Transformers	4.4x	n/a	US$6.93m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MARINE is expensive based on its Price-To-Earnings Ratio (75.8x) compared to the Indian Electrical industry average (45.4x).

Price to Earnings Ratio vs Fair Ratio

What is MARINE'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.

MARINE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	75.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MARINE's Price-To-Earnings 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%