Paras Defence and Space Technologies Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: Insufficient data to calculate PARAS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PARAS's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PARAS. This is calculated by dividing PARAS's market cap by their current earnings.
What is PARAS's PE Ratio?
PE Ratio	84.8x
Earnings	₹453.40m
Market Cap	₹39.39b

PARAS 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	12.7x
Enterprise Value/EBITDA	55.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PARAS 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	95.8x
APOLLO Apollo Micro Systems	60.1x	35.4%	₹28.5b
DCXINDIA DCX Systems	64.9x	34.8%	₹35.1b
IDEAFORGE ideaForge Technology	188.6x	74.4%	₹25.3b
DATAPATTNS Data Patterns (India)	69.5x	24.8%	₹128.3b
PARAS Paras Defence and Space Technologies	84.8x	n/a	₹39.4b

Price-To-Earnings vs Peers: PARAS is good value based on its Price-To-Earnings Ratio (84.8x) compared to the peer average (95.8x).

Price to Earnings Ratio vs Industry

How does PARAS's PE Ratio compare vs other companies in the Asian Aerospace & Defense Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PARAS is expensive based on its Price-To-Earnings Ratio (84.8x) compared to the Asian Aerospace & Defense industry average (47.4x).

Price to Earnings Ratio vs Fair Ratio

What is PARAS'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.

PARAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	84.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PARAS'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.

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