Swiggy Valuation

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

SWIGGY (₹416.6) is trading above our estimate of [[fair value]] (₹166.1)

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

Below Fair Value: SWIGGY (₹416.6) is trading above our estimate of fair value (₹166.1)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SWIGGY. This is calculated by dividing SWIGGY's market cap by their current revenue.
What is SWIGGY's PS Ratio?
PS Ratio	7.7x
Sales	₹120.80b
Market Cap	₹932.54b

SWIGGY 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	7.5x
Enterprise Value/EBITDA	-46.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SWIGGY 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	7.5x
JUBLFOOD Jubilant FoodWorks	6.1x	14.2%	₹419.3b
ZOMATO Zomato	14.5x	25.8%	₹2.3t
DEVYANI Devyani International	4.7x	14.9%	₹202.4b
505533 Westlife Foodworld	4.6x	13.4%	₹110.2b
SWIGGY Swiggy	7.7x	24.3%	₹932.5b

Price-To-Sales vs Peers: SWIGGY is expensive based on its Price-To-Sales Ratio (7.7x) compared to the peer average (7.5x).

Price to Sales Ratio vs Industry

How does SWIGGY's PS Ratio compare vs other companies in the IN Hospitality Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
COFFEEDAY Coffee Day Enterprises	0.6x	n/a	US$77.10m
APOLSINHOT Apollo Sindoori Hotels	0.8x	n/a	US$53.21m
509953 Trade Wings	0.3x	n/a	US$1.81m
543541 Sailani Tours N Travels	0.6x	n/a	US$1.03m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: SWIGGY is expensive based on its Price-To-Sales Ratio (7.7x) compared to the Indian Hospitality industry average (4.7x).

Price to Sales Ratio vs Fair Ratio

What is SWIGGY'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.

SWIGGY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	7.7x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SWIGGY'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: Target price is less than 20% higher than the current share price.