Tasty Bite Eatables Limited

NSEI:TASTYBITE Stock Report

Market Cap: ₹27.9b

Tasty Bite Eatables Valuation

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

Below Fair Value: TASTYBITE (₹10833.85) is trading above our estimate of fair value (₹253.48)

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


Key Valuation Metric

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

Key metric: As TASTYBITE is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TASTYBITE. This is calculated by dividing TASTYBITE's market cap by their current revenue.
What is TASTYBITE's PS Ratio?
PS Ratio5.6x
Sales₹5.00b
Market Cap₹27.93b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for TASTYBITE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.8x
DIAMONDYD Prataap Snacks
1.5x11.6%₹24.7b
519183 ADF Foods
6.3x20.1%₹35.5b
519156 Vadilal Industries
2.2xn/a₹26.4b
500097 Dalmia Bharat Sugar and Industries
1.1x11.6%₹34.4b
TASTYBITE Tasty Bite Eatables
5.6xn/a₹27.9b

Price-To-Sales vs Peers: TASTYBITE is expensive based on its Price-To-Sales Ratio (5.6x) compared to the peer average (2.8x).


Price to Sales Ratio vs Industry

How does TASTYBITE's PS Ratio compare vs other companies in the IN Food Industry?

20 CompaniesPrice / SalesEstimated GrowthMarket Cap
GOKULAGRO Gokul Agro Resources
0.3xn/aUS$573.13m
GOKUL Gokul Refoils & Solvent
0.2xn/aUS$64.60m
523371 Mawana Sugars
0.3xn/aUS$47.16m
MCLEODRUSS McLeod Russel India
0.3xn/aUS$40.67m
TASTYBITE 5.6xIndustry Avg. 1.1xNo. of Companies41PS01.22.43.64.86+
20 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TASTYBITE is expensive based on its Price-To-Sales Ratio (5.6x) compared to the Indian Food industry average (1.1x).


Price to Sales Ratio vs Fair Ratio

What is TASTYBITE'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.

TASTYBITE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.6x
Fair PS Ration/a

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


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