Shri Ram Switchgears Valuation

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

SRIRAM (₹6.3) is trading above our estimate of [[fair value]] (₹3.4)

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

Below Fair Value: SRIRAM (₹6.3) is trading above our estimate of fair value (₹3.4)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SRIRAM. This is calculated by dividing SRIRAM's market cap by their current revenue.
What is SRIRAM's PS Ratio?
PS Ratio	2.8x
Sales	₹22.50m
Market Cap	₹63.07m

SRIRAM 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	30.6x
Enterprise Value/EBITDA	-80.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SRIRAM 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	1.2x
INDLMETER IMP Powers	1.3x	n/a	₹48.4m
MAKS Maks Energy Solutions India	0.5x	n/a	₹313.8m
VDEAL Vdeal System	2.7x	n/a	₹723.5m
517330 CMI	0.2x	n/a	₹73.1m
SRIRAM Shri Ram Switchgears	2.8x	n/a	₹63.1m

Price-To-Sales vs Peers: SRIRAM is expensive based on its Price-To-Sales Ratio (2.8x) compared to the peer average (1.5x).

Price to Sales Ratio vs Industry

How does SRIRAM's PS Ratio compare vs other companies in the IN Electrical Industry?

9 Companies	Price / Sales	Estimated Growth	Market Cap
SHERA Shera Energy	0.4x	n/a	US$57.78m
512296 Bhagyanagar India	0.2x	n/a	US$38.97m
532930 BGR Energy Systems	0.3x	n/a	US$32.30m
CORDSCABLE Cords Cable Industries	0.4x	n/a	US$29.25m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: SRIRAM is good value based on its Price-To-Sales Ratio (2.8x) compared to the Indian Electrical industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

What is SRIRAM'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.

SRIRAM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.8x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SRIRAM'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.

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