Bajaj Electricals Limited

BSE:500031 Stock Report

Market Cap: ₹109.4b

Bajaj Electricals Valuation

Is 500031 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 500031 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500031 (₹949.85) is trading above our estimate of fair value (₹327.77)

Significantly Below Fair Value: 500031 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500031?

Other financial metrics that can be useful for relative valuation.

500031 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/Revenue2.1x
Enterprise Value/EBITDA45.4x
PEG Ratio1.8x

Price to Earnings Ratio vs Peers

How does 500031's PE Ratio compare to its peers?

The above table shows the PE ratio for 500031 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average68.4x
517506 TTK Prestige
42.3x20.2%₹97.0b
500238 Whirlpool of India
92.4x37.3%₹186.7b
517385 Symphony
45x20.1%₹66.6b
AMBER Amber Enterprises India
94x28.6%₹133.7b
500031 Bajaj Electricals
68.3x37.3%₹109.4b

Price-To-Earnings vs Peers: 500031 is good value based on its Price-To-Earnings Ratio (68.3x) compared to the peer average (68.4x).


Price to Earnings Ratio vs Industry

How does 500031's PE Ratio compare vs other companies in the IN Consumer Durables Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a29.1%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a29.1%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 500031 is expensive based on its Price-To-Earnings Ratio (68.3x) compared to the Indian Consumer Durables industry average (45.6x).


Price to Earnings Ratio vs Fair Ratio

What is 500031'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.

500031 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio68.3x
Fair PE Ratio59.6x

Price-To-Earnings vs Fair Ratio: 500031 is expensive based on its Price-To-Earnings Ratio (68.3x) compared to the estimated Fair Price-To-Earnings Ratio (59.6x).


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 500031 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹949.85
₹1,119.06
+17.8%
12.4%₹1,380.00₹742.00n/a16
Apr ’25₹929.30
₹1,129.81
+21.6%
12.5%₹1,390.00₹742.00n/a16
Mar ’25₹1,019.65
₹1,136.38
+11.4%
12.8%₹1,390.00₹742.00n/a16
Feb ’25₹1,051.30
₹1,173.69
+11.6%
10.2%₹1,410.00₹905.00n/a16
Jan ’25₹992.70
₹1,184.25
+19.3%
12.3%₹1,479.00₹905.00n/a16
Dec ’24₹997.10
₹1,187.82
+19.1%
12.0%₹1,479.00₹905.00n/a17
Nov ’24₹1,019.20
₹1,327.24
+30.2%
12.3%₹1,560.00₹905.00n/a17
Oct ’24₹1,102.75
₹1,335.12
+21.1%
11.5%₹1,585.00₹905.00n/a17
Sep ’24₹1,177.95
₹1,335.12
+13.3%
11.5%₹1,585.00₹905.00n/a17
Aug ’24₹1,260.50
₹1,312.00
+4.1%
10.8%₹1,526.00₹975.00n/a18
Jul ’24₹1,272.60
₹1,305.33
+2.6%
10.7%₹1,526.00₹975.00n/a18
Jun ’24₹1,156.90
₹1,305.33
+12.8%
10.7%₹1,526.00₹975.00n/a18
May ’24₹1,095.05
₹1,286.12
+17.4%
10.4%₹1,585.00₹1,050.00₹945.5017
Apr ’24₹1,052.10
₹1,301.47
+23.7%
10.2%₹1,585.00₹1,050.00₹929.3017
Mar ’24₹1,102.05
₹1,301.47
+18.1%
10.2%₹1,585.00₹1,050.00₹1,019.6517
Feb ’24₹1,149.75
₹1,299.81
+13.1%
10.6%₹1,550.00₹1,050.00₹1,051.3016
Jan ’24₹1,215.75
₹1,295.94
+6.6%
10.3%₹1,550.00₹1,050.00₹992.7016
Dec ’23₹1,113.60
₹1,295.94
+16.4%
10.3%₹1,550.00₹1,050.00₹997.1016
Nov ’23₹1,165.65
₹1,261.40
+8.2%
10.9%₹1,500.00₹990.00₹1,019.2015
Oct ’23₹1,203.60
₹1,264.73
+5.1%
11.4%₹1,550.00₹990.00₹1,102.7515
Sep ’23₹1,211.45
₹1,264.73
+4.4%
11.4%₹1,550.00₹990.00₹1,177.9515
Aug ’23₹1,138.10
₹1,214.50
+6.7%
13.2%₹1,490.00₹1,020.00₹1,260.5014
Jul ’23₹1,041.30
₹1,207.08
+15.9%
13.6%₹1,490.00₹1,020.00₹1,272.6013
Jun ’23₹979.45
₹1,207.08
+23.2%
13.6%₹1,490.00₹1,020.00₹1,156.9013
May ’23₹1,098.20
₹1,321.00
+20.3%
11.5%₹1,570.00₹1,100.00₹1,095.0512

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


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