Powergrid Infrastructure Investment Trust Valuation

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

PGINVIT (₹97.99) is trading above our estimate of [[fair value]] (₹40.44)

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: PGINVIT (₹97.99) is trading above our estimate of fair value (₹40.44)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for PGINVIT. This is calculated by dividing PGINVIT's market cap by their current preferred multiple.
What is PGINVIT's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	₹89.17b

PGINVIT 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	8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PGINVIT 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	9.2x
BIRET Brookfield India Real Estate Trust	7x	17.4%	₹110.9b
MINDSPACE Mindspace Business Parks REIT	8.5x	7.7%	₹209.7b
EMBASSY Embassy Office Parks REIT	8.7x	9.7%	₹338.0b
HGLG11 Cshg Logistica - Fundo De Investimento Imobiliario	12.7x	n/a	R$5.6b
PGINVIT Powergrid Infrastructure Investment Trust	6.9x	n/a	₹89.2b

Price-To-Sales vs Peers: PGINVIT is good value based on its Price-To-Sales Ratio (6.9x) compared to the peer average (9.2x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	13.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	13.4%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: PGINVIT is good value based on its Price-To-Sales Ratio (6.9x) compared to the Asian Industrial REITs industry average (9.2x).

Price to Sales Ratio vs Fair Ratio

What is PGINVIT'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.

PGINVIT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	6.9x
Fair PS Ratio	n/a

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