Johnson Controls-Hitachi Air Conditioning India Limited

NSEI:JCHAC Stock Report

Market Cap: ₹60.4b

Johnson Controls-Hitachi Air Conditioning India Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: JCHAC (₹2313.9) is trading above our estimate of fair value (₹227.09)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

JCHAC 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/Revenue2.6x
Enterprise Value/EBITDA62.3x
PEG Ratio44x

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for JCHAC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.5x
ORIENTELEC Orient Electric
1.8x12.1%₹51.0b
508486 Hawkins Cookers
4.4xn/a₹46.0b
EPACK EPACK Durable
2.1xn/a₹36.7b
IFBIND IFB Industries
1.6x12.0%₹73.2b
JCHAC Johnson Controls-Hitachi Air Conditioning India
2.7x18.1%₹60.4b

Price-To-Sales vs Peers: JCHAC is expensive based on its Price-To-Sales Ratio (2.7x) compared to the peer average (2.5x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a29.9%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a29.9%
n/an/an/a
No more companies

Price-To-Sales vs Industry: JCHAC is expensive based on its Price-To-Sales Ratio (2.7x) compared to the Indian Consumer Durables industry average (2.5x).


Price to Sales Ratio vs Fair Ratio

What is JCHAC'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.

JCHAC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.7x
Fair PS Ratio2.3x

Price-To-Sales vs Fair Ratio: JCHAC is expensive based on its Price-To-Sales Ratio (2.7x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).


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 JCHAC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,313.90
₹1,465.00
-36.7%
11.9%₹1,640.00₹1,290.00n/a2
Sep ’25₹1,925.85
₹1,465.00
-23.9%
11.9%₹1,640.00₹1,290.00n/a2
Aug ’25₹1,946.85
₹1,465.00
-24.8%
11.9%₹1,640.00₹1,290.00n/a2
Jul ’25₹1,999.90
₹1,160.00
-42.0%
11.2%₹1,290.00₹1,030.00n/a2
Jun ’25₹1,801.30
₹1,181.67
-34.4%
9.3%₹1,290.00₹1,030.00n/a3
May ’25₹1,265.55
₹980.00
-22.6%
17.7%₹1,225.00₹850.00n/a3
Apr ’25₹1,023.50
₹980.00
-4.3%
17.7%₹1,225.00₹850.00n/a3
Mar ’25₹1,103.80
₹980.00
-11.2%
17.7%₹1,225.00₹850.00n/a3
Feb ’25₹1,180.60
₹980.00
-17.0%
17.7%₹1,225.00₹850.00n/a3
Jan ’25₹1,119.65
₹1,028.33
-8.2%
14.3%₹1,225.00₹870.00n/a3
Dec ’24₹1,150.45
₹1,028.33
-10.6%
14.3%₹1,225.00₹870.00n/a3
Nov ’24₹1,070.75
₹1,028.33
-4.0%
14.3%₹1,225.00₹870.00n/a3
Oct ’24₹1,222.30
₹973.67
-20.3%
11.4%₹1,101.00₹830.00n/a3
Sep ’24₹1,310.85
₹973.67
-25.7%
11.4%₹1,101.00₹830.00₹1,925.853
Aug ’24₹974.75
₹973.67
-0.1%
11.4%₹1,101.00₹830.00₹1,946.853
Jul ’24₹1,045.60
₹1,090.33
+4.3%
3.4%₹1,130.00₹1,040.00₹1,999.903
Jun ’24₹1,033.70
₹1,090.33
+5.5%
3.4%₹1,130.00₹1,040.00₹1,801.303
May ’24₹1,121.30
₹1,328.00
+18.4%
12.2%₹1,554.00₹1,180.00₹1,265.553
Apr ’24₹1,016.55
₹1,328.00
+30.6%
12.2%₹1,554.00₹1,180.00₹1,023.503
Mar ’24₹1,185.85
₹1,328.00
+12.0%
12.2%₹1,554.00₹1,180.00₹1,103.803
Feb ’24₹1,067.85
₹1,328.00
+24.4%
12.2%₹1,554.00₹1,180.00₹1,180.603
Jan ’24₹1,103.15
₹1,501.33
+36.1%
3.1%₹1,554.00₹1,440.00₹1,119.653
Dec ’23₹1,159.85
₹1,501.33
+29.4%
3.1%₹1,554.00₹1,440.00₹1,150.453
Nov ’23₹1,229.45
₹1,501.33
+22.1%
3.1%₹1,554.00₹1,440.00₹1,070.753
Oct ’23₹1,389.70
₹1,638.00
+17.9%
4.4%₹1,730.00₹1,554.00₹1,222.303
Sep ’23₹1,575.15
₹1,638.00
+4.0%
4.4%₹1,730.00₹1,554.00₹1,310.853

Analyst Forecast: Target price is lower than the current share price.


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