Embassy Office Parks REIT

NSEI:EMBASSY Stock Report

Market Cap: ₹356.7b

Embassy Office Parks REIT Valuation

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

Below Fair Value: EMBASSY (₹376.46) is trading below our estimate of fair value (₹392.77)

Significantly Below Fair Value: EMBASSY is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EMBASSY. This is calculated by dividing EMBASSY's market cap by their current earnings.
What is EMBASSY's PE Ratio?
PE Ratio16.1x
Earnings₹22.22b
Market Cap₹356.70b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EMBASSY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.4x
MINDSPACE Mindspace Business Parks REIT
42x19.6%₹216.1b
BIRET Brookfield India Real Estate Trust
105.4x44.0%₹132.5b
NXST Nexus Select Trust
41.8x18.5%₹210.2b
PGINVIT Powergrid Infrastructure Investment Trust
8.5xn/a₹79.1b
EMBASSY Embassy Office Parks REIT
16.1x-17.3%₹356.8b

Price-To-Earnings vs Peers: EMBASSY is good value based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (49.4x).

Price to Earnings Ratio vs Industry

How does EMBASSY's PE Ratio compare vs other companies in the Asian Office REITs Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EMBASSY 16.1xIndustry Avg. 17.1xNo. of Companies7PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EMBASSY is good value based on its Price-To-Earnings Ratio (16.1x) compared to the Asian Office REITs industry average (17.1x).

Price to Earnings Ratio vs Fair Ratio

What is EMBASSY'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.

EMBASSY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.1x
Fair PE Ratio23.2x

Price-To-Earnings vs Fair Ratio: EMBASSY is good value based on its Price-To-Earnings Ratio (16.1x) compared to the estimated Fair Price-To-Earnings Ratio (23.2x).

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 EMBASSY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹376.46
₹418.81
+11.3%
1.8%₹438.00₹407.00n/a16
Dec ’25₹371.43
₹418.81
+12.8%
1.8%₹438.00₹407.00n/a16
Nov ’25₹395.96
₹418.67
+5.7%
2.0%₹442.00₹407.00n/a15
Oct ’25₹389.97
₹408.71
+4.8%
2.2%₹425.00₹395.00n/a14
Sep ’25₹388.14
₹406.21
+4.7%
2.2%₹425.00₹390.00n/a14
Aug ’25₹374.79
₹406.21
+8.4%
2.2%₹425.00₹390.00n/a14
Jul ’25₹357.10
₹403.57
+13.0%
2.3%₹425.00₹390.00n/a14
Jun ’25₹349.86
₹403.57
+15.4%
2.3%₹425.00₹390.00n/a14
May ’25₹359.68
₹403.57
+12.2%
2.3%₹425.00₹390.00n/a14
Apr ’25₹366.74
₹397.67
+8.4%
3.5%₹423.00₹370.00n/a15
Mar ’25₹378.21
₹397.67
+5.1%
3.5%₹423.00₹370.00n/a15
Feb ’25₹365.25
₹375.33
+2.8%
6.2%₹410.00₹330.00n/a15
Jan ’25₹327.13
₹366.00
+11.9%
5.9%₹400.00₹330.00n/a14
Dec ’24₹317.72
₹364.93
+14.9%
6.1%₹400.00₹330.00₹371.4314
Nov ’24₹314.13
₹364.93
+16.2%
6.1%₹400.00₹330.00₹395.9614
Oct ’24₹300.61
₹365.07
+21.4%
5.8%₹400.00₹330.00₹389.9714
Sep ’24₹306.74
₹363.08
+18.4%
6.7%₹400.00₹319.00₹388.1413
Aug ’24₹306.68
₹363.08
+18.4%
6.7%₹400.00₹319.00₹374.7913
Jul ’24₹291.66
₹369.38
+26.6%
6.2%₹403.00₹319.00₹357.1013
Jun ’24₹308.34
₹376.86
+22.2%
6.2%₹420.00₹319.00₹349.8614
May ’24₹329.69
₹387.07
+17.4%
6.3%₹442.00₹360.00₹359.6814
Apr ’24₹312.17
₹402.21
+28.8%
4.8%₹442.00₹375.00₹366.7414
Mar ’24₹304.83
₹400.07
+31.2%
4.7%₹442.00₹375.00₹378.2114
Feb ’24₹319.63
₹402.21
+25.8%
4.8%₹442.00₹375.00₹365.2514
Jan ’24₹336.05
₹408.57
+21.6%
4.1%₹442.00₹385.00₹327.1314
Dec ’23₹341.54
₹408.57
+19.6%
4.1%₹442.00₹385.00₹317.7214

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 12:12
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Embassy Office Parks REIT is covered by 23 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karan KhannaAmbit Capital
Girish ChoudharyAvendus Spark
Pritesh ShethAxis Capital Limited