Ujaas Energy Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: UEL (₹556.05) is trading below our estimate of fair value (₹1059.55)

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

Key Valuation Metric

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

Key metric: As UEL barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for UEL. This is calculated by dividing UEL's market cap by their current book value.
What is UEL's PB Ratio?
PB Ratio	89.8x
Book	₹812.59m
Market Cap	₹72.98b

UEL 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	308.3x
Enterprise Value/EBITDA	4870.7x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does UEL's PB Ratio compare to its peers?

The above table shows the PB ratio for UEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	3.7x
HEG HEG	1.8x	70.6%	₹79.2b
509488 Graphite India	1.6x	30.6%	₹92.6b
VOLTAMP Voltamp Transformers	7x	9.1%	₹98.6b
EXICOM Exicom Tele-Systems	4.6x	n/a	₹33.4b
UEL Ujaas Energy	89.8x	n/a	₹73.0b

Price-To-Book vs Peers: UEL is expensive based on its Price-To-Book Ratio (89.8x) compared to the peer average (3.7x).

Price to Book Ratio vs Industry

How does UEL's PB Ratio compare vs other companies in the IN Electrical Industry?

5 Companies	Price / Book	Estimated Growth	Market Cap
504058 Indo National	0.8x	n/a	US$45.01m
VETO Veto Switchgears and Cables	1x	n/a	US$29.18m
GODHA Godha Cabcon & Insulation	0.7x	n/a	US$7.81m
531472 Cybele Industries	0.9x	n/a	US$4.91m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: UEL is expensive based on its Price-To-Book Ratio (89.8x) compared to the Indian Electrical industry average (6.1x).

Price to Book Ratio vs Fair Ratio

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

UEL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	89.8x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate UEL's Price-To-Book 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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