Mukand Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: MUKANDLTD (₹134.82) is trading below our estimate of fair value (₹571.38)

Significantly Below Fair Value: MUKANDLTD is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MUKANDLTD. This is calculated by dividing MUKANDLTD's market cap by their current earnings.
What is MUKANDLTD's PE Ratio?
PE Ratio	19.8x
Earnings	₹985.60m
Market Cap	₹19.42b

MUKANDLTD 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	0.7x
Enterprise Value/EBITDA	11.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MUKANDLTD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	58.5x
VSSL Vardhman Special Steels	20.4x	n/a	₹21.5b
HARIOMPIPE Hariom Pipe Industries	29.5x	n/a	₹17.6b
RAMASTEEL Rama Steel Tubes	73.4x	n/a	₹18.9b
MSPL MSP Steel & Power	110.5x	n/a	₹16.4b
MUKANDLTD Mukand	19.8x	n/a	₹19.4b

Price-To-Earnings vs Peers: MUKANDLTD is good value based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (58.5x).

Price to Earnings Ratio vs Industry

How does MUKANDLTD's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

8 Companies	Price / Earnings	Estimated Growth	Market Cap
590078 Maithan Alloys	3.8x	n/a	US$368.52m
526608 Electrotherm (India)	3.2x	n/a	US$141.12m
522165 Indsil Hydro Power and Manganese	1.6x	n/a	US$16.76m
PRAKASHSTL Prakash Steelage	3.9x	n/a	US$16.73m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MUKANDLTD is good value based on its Price-To-Earnings Ratio (19.8x) compared to the Indian Metals and Mining industry average (24.5x).

Price to Earnings Ratio vs Fair Ratio

What is MUKANDLTD'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.

MUKANDLTD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MUKANDLTD's Price-To-Earnings 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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