MIRC Electronics Valuation

Q: What is the Fair Price of 500279 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

500279 (₹20.75) is trading above our estimate of [[fair value]] (₹0.72)

Is 500279 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-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 500279 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500279 (₹20.75) is trading above our estimate of fair value (₹0.72)

Significantly Below Fair Value: 500279 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500279?

Key metric: As 500279 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 500279. This is calculated by dividing 500279's market cap by their current revenue.
What is 500279's PS Ratio?
PS Ratio	0.5x
Sales	₹9.70b
Market Cap	₹4.78b

500279 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	0.6x
Enterprise Value/EBITDA	-19.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 500279's PS Ratio compare to its peers?

The above table shows the PS ratio for 500279 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	7.1x
BPL BPL	8x	n/a	₹5.7b
ARHAM Arham Technologies	3.7x	n/a	₹2.3b
PRIZOR Prizor Viztech	3.4x	n/a	₹2.1b
543378 CWD	13.2x	n/a	₹2.5b
500279 MIRC Electronics	0.5x	n/a	₹4.8b

Price-To-Sales vs Peers: 500279 is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (7.1x).

Price to Sales Ratio vs Industry

How does 500279's PS Ratio compare vs other companies in the IN Consumer Durables Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	2.3x	17.3%
500279 MIRC Electronics	0.5x	n/a	US$56.47m
MIRCELECTR MIRC Electronics	0.5x	n/a	US$56.47m
531227 Deco Mica	0.5x	n/a	US$4.09m

5 Companies		Estimated Growth	Market Cap
Industry Avg.	2.3x	28.8%
500279 MIRC Electronics	0.5x	n/a	US$56.47m

No more companies

Price-To-Sales vs Industry: 500279 is good value based on its Price-To-Sales Ratio (0.5x) compared to the Indian Consumer Durables industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is 500279'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.

500279 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 500279'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.