eClerx Services Limited

NSEI:ECLERX Stock Report

Market Cap: ₹118.8b

eClerx Services Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: ECLERX (₹2463.65) is trading above our estimate of fair value (₹2010.27)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ECLERX 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/Revenue3.9x
Enterprise Value/EBITDA15.1x
PEG Ratio1.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ECLERX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.4x
543232 Computer Age Management Services
48.5x15.0%₹157.5b
FSL Firstsource Solutions
27.9x17.0%₹145.5b
BLS BLS International Services
47.9xn/a₹144.2b
DATAMATICS Datamatics Global Services
17.2xn/a₹35.3b
ECLERX eClerx Services
23.1x12.2%₹118.8b

Price-To-Earnings vs Peers: ECLERX is good value based on its Price-To-Earnings Ratio (23.1x) compared to the peer average (35.4x).


Price to Earnings Ratio vs Industry

How does ECLERX's PE Ratio compare vs other companies in the IN Professional Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.8%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.8%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: ECLERX is good value based on its Price-To-Earnings Ratio (23.1x) compared to the Indian Professional Services industry average (27.2x).


Price to Earnings Ratio vs Fair Ratio

What is ECLERX'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.

ECLERX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.1x
Fair PE Ratio32.5x

Price-To-Earnings vs Fair Ratio: ECLERX is good value based on its Price-To-Earnings Ratio (23.1x) compared to the estimated Fair Price-To-Earnings Ratio (32.5x).


Analyst Price Targets

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

The above table shows the analyst ECLERX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,463.65
₹2,825.43
+14.7%
3.9%₹3,000.00₹2,640.00n/a7
Apr ’25₹2,393.25
₹2,825.43
+18.1%
3.9%₹3,000.00₹2,640.00n/a7
Mar ’25₹2,498.90
₹2,840.83
+13.7%
4.7%₹3,080.00₹2,640.00n/a6
Feb ’25₹2,762.25
₹2,576.17
-6.7%
11.2%₹3,042.00₹2,260.00n/a6
Jan ’25₹2,553.95
₹2,461.17
-3.6%
13.5%₹3,042.00₹2,060.00n/a6
Dec ’24₹2,632.95
₹2,371.67
-9.9%
9.0%₹2,750.00₹2,060.00n/a6
Nov ’24₹1,980.40
₹1,965.83
-0.7%
9.4%₹2,249.00₹1,660.00n/a6
Oct ’24₹1,801.75
₹1,839.33
+2.1%
6.9%₹1,986.00₹1,660.00n/a6
Sep ’24₹1,624.75
₹1,818.33
+11.9%
6.0%₹1,940.00₹1,660.00n/a6
Aug ’24₹1,716.75
₹1,793.33
+4.5%
6.3%₹2,000.00₹1,670.00n/a6
Jul ’24₹1,624.95
₹1,793.33
+10.4%
6.3%₹2,000.00₹1,670.00n/a6
Jun ’24₹1,607.90
₹1,783.33
+10.9%
8.4%₹2,100.00₹1,670.00n/a6
May ’24₹1,355.50
₹1,765.00
+30.2%
9.1%₹2,100.00₹1,620.00₹2,463.656
Apr ’24₹1,290.40
₹1,782.00
+38.1%
9.6%₹2,100.00₹1,620.00₹2,393.255
Mar ’24₹1,410.80
₹1,734.52
+22.9%
9.6%₹2,100.00₹1,550.00₹2,498.907
Feb ’24₹1,465.50
₹1,783.67
+21.7%
12.2%₹2,129.00₹1,550.00₹2,762.257
Jan ’24₹1,279.35
₹1,783.67
+39.4%
12.2%₹2,129.00₹1,550.00₹2,553.957
Dec ’23₹1,447.45
₹1,783.67
+23.2%
12.2%₹2,129.00₹1,550.00₹2,632.957
Nov ’23₹1,330.95
₹1,802.00
+35.4%
17.3%₹2,526.67₹1,520.00₹1,980.408
Oct ’23₹1,424.75
₹1,808.25
+26.9%
17.0%₹2,526.67₹1,520.00₹1,801.758
Sep ’23₹1,414.53
₹1,799.92
+27.2%
17.4%₹2,526.67₹1,520.00₹1,624.758
Aug ’23₹1,448.23
₹1,843.67
+27.3%
16.9%₹2,526.67₹1,486.67₹1,716.758
Jul ’23₹1,269.93
₹1,843.67
+45.2%
16.9%₹2,526.67₹1,486.67₹1,624.958
Jun ’23₹1,422.40
₹1,933.67
+35.9%
13.2%₹2,526.67₹1,666.67₹1,607.908
May ’23₹1,605.27
₹2,008.67
+25.1%
10.8%₹2,526.67₹1,746.67₹1,355.508

Analyst Forecast: Target price is less than 20% higher than the current share price.


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