Linde India Limited

NSEI:LINDEINDIA Stock Report

Market Cap: ₹600.7b

Linde India Valuation

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

Below Fair Value: LINDEINDIA (₹6951.9) is trading above our estimate of fair value (₹196.73)

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

Key Valuation Metric

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

Key metric: As LINDEINDIA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LINDEINDIA. This is calculated by dividing LINDEINDIA's market cap by their current earnings.
What is LINDEINDIA's PE Ratio?
PE Ratio132.8x
Earnings₹4.46b
Market Cap₹600.74b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LINDEINDIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.7x
509480 Berger Paints India
49.8x10.3%₹571.6b
SUPREMEIND Supreme Industries
52.6x17.2%₹581.6b
COROMANDEL Coromandel International
37.9x23.1%₹518.1b
523642 PI Industries
34.6x9.1%₹621.7b
LINDEINDIA Linde India
132.8x34.8%₹600.7b

Price-To-Earnings vs Peers: LINDEINDIA is expensive based on its Price-To-Earnings Ratio (132.8x) compared to the peer average (43.7x).

Price to Earnings Ratio vs Industry

How does LINDEINDIA's PE Ratio compare vs other companies in the IN Chemicals Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$68.03m
UNIVPHOTO Universus Photo Imagings
5xn/aUS$50.42m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.59m
526143 MPL Plastics
1.8xn/aUS$1.96m
LINDEINDIA 132.8xIndustry Avg. 32.4xNo. of Companies34PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LINDEINDIA is expensive based on its Price-To-Earnings Ratio (132.8x) compared to the Indian Chemicals industry average (32.4x).

Price to Earnings Ratio vs Fair Ratio

What is LINDEINDIA'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.

LINDEINDIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio132.8x
Fair PE Ratio50.6x

Price-To-Earnings vs Fair Ratio: LINDEINDIA is expensive based on its Price-To-Earnings Ratio (132.8x) compared to the estimated Fair Price-To-Earnings Ratio (50.6x).

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 LINDEINDIA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹6,951.90
₹7,890.00
+13.5%
8.7%₹8,579.00₹7,201.00n/a2
Nov ’25₹7,838.95
₹8,541.00
+9.0%
0.06%₹8,546.00₹8,536.00n/a2
Oct ’25₹8,406.15
₹8,541.00
+1.6%
0.06%₹8,546.00₹8,536.00n/a2
Sep ’25₹7,225.30
₹8,541.00
+18.2%
0.06%₹8,546.00₹8,536.00n/a2
Aug ’25₹8,176.95
₹7,909.00
-3.3%
17.7%₹9,312.00₹6,506.00n/a2
Jul ’25₹8,445.50
₹7,909.00
-6.4%
17.7%₹9,312.00₹6,506.00n/a2
Jun ’25₹8,709.55
₹6,780.50
-22.1%
4.0%₹7,055.00₹6,506.00n/a2
May ’25₹8,255.80
₹6,780.50
-17.9%
4.0%₹7,055.00₹6,506.00n/a2
Apr ’25₹6,434.65
₹6,780.50
+5.4%
4.0%₹7,055.00₹6,506.00n/a2
Mar ’25₹5,539.40
₹6,780.50
+22.4%
4.0%₹7,055.00₹6,506.00n/a2
Feb ’25₹5,509.85
₹6,819.00
+23.8%
3.5%₹7,055.00₹6,583.00n/a2
Jan ’25₹5,666.85
₹6,677.50
+17.8%
1.4%₹6,772.00₹6,583.00n/a2
Dec ’24₹5,949.60
₹6,677.50
+12.2%
1.4%₹6,772.00₹6,583.00n/a2
Nov ’24₹5,956.15
₹6,202.00
+4.1%
6.1%₹6,578.00₹5,826.00₹7,838.952
Oct ’24₹5,953.80
₹5,538.50
-7.0%
5.2%₹5,826.00₹5,251.00₹8,406.152
Sep ’24₹6,549.35
₹5,538.50
-15.4%
5.2%₹5,826.00₹5,251.00₹7,225.302
Aug ’24₹4,992.35
₹4,861.00
-2.6%
3.7%₹5,043.00₹4,679.00₹8,176.952
Jul ’24₹4,316.55
₹4,693.50
+8.7%
0.3%₹4,708.00₹4,679.00₹8,445.502
Jun ’24₹3,994.30
₹4,693.50
+17.5%
0.3%₹4,708.00₹4,679.00₹8,709.552

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

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