CarTrade Tech Limited

NSEI:CARTRADE Stock Report

Market Cap: ₹76.4b

CarTrade Tech Valuation

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

Below Fair Value: CARTRADE (₹1616) is trading above our estimate of fair value (₹548.16)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CARTRADE. This is calculated by dividing CARTRADE's market cap by their current earnings.
What is CARTRADE's PE Ratio?
PE Ratio83.1x
Earnings₹920.38m
Market Cap₹76.44b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CARTRADE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.1x
LANDMARK Landmark Cars
81.8x61.3%₹26.1b
PVSL Popular Vehicles and Services
23.7xn/a₹11.6b
531041 Competent Automobiles
11.7xn/a₹3.1b
AVL Aditya Vision
71.3x26.7%₹68.0b
CARTRADE CarTrade Tech
83.1x26.3%₹76.4b

Price-To-Earnings vs Peers: CARTRADE is expensive based on its Price-To-Earnings Ratio (83.1x) compared to the peer average (44.7x).

Price to Earnings Ratio vs Industry

How does CARTRADE's PE Ratio compare vs other companies in the IN Specialty Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
CARTRADE 83.1xIndustry Avg. 54.3xNo. of Companies7PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CARTRADE is expensive based on its Price-To-Earnings Ratio (83.1x) compared to the Indian Specialty Retail industry average (54.3x).

Price to Earnings Ratio vs Fair Ratio

What is CARTRADE'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.

CARTRADE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio83.1x
Fair PE Ratio51x

Price-To-Earnings vs Fair Ratio: CARTRADE is expensive based on its Price-To-Earnings Ratio (83.1x) compared to the estimated Fair Price-To-Earnings Ratio (51x).

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 CARTRADE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,616.00
₹1,215.00
-24.8%
25.0%₹1,655.00₹700.00n/a5
Dec ’25₹1,355.60
₹1,129.00
-16.7%
19.1%₹1,278.00₹700.00n/a5
Nov ’25₹1,087.80
₹1,129.00
+3.8%
19.1%₹1,278.00₹700.00n/a5
Oct ’25₹990.85
₹982.40
-0.9%
21.3%₹1,150.00₹575.00n/a5
Sep ’25₹848.20
₹982.40
+15.8%
21.3%₹1,150.00₹575.00n/a5
Aug ’25₹867.25
₹982.40
+13.3%
21.3%₹1,150.00₹575.00n/a5
Jul ’25₹773.10
₹916.40
+18.5%
22.0%₹1,120.00₹530.00n/a5
Jun ’25₹869.65
₹896.40
+3.1%
20.6%₹1,020.00₹530.00n/a5
May ’25₹701.75
₹784.40
+11.8%
22.9%₹1,000.00₹480.00n/a5
Apr ’25₹707.10
₹784.40
+10.9%
22.9%₹1,000.00₹480.00n/a5
Mar ’25₹776.35
₹770.33
-0.8%
21.7%₹1,000.00₹480.00n/a6
Feb ’25₹722.65
₹767.67
+6.2%
22.6%₹1,000.00₹460.00n/a6
Jan ’25₹722.00
₹771.00
+6.8%
22.4%₹1,010.00₹470.00n/a6
Dec ’24₹777.30
₹771.00
-0.8%
22.4%₹1,010.00₹470.00₹1,355.606
Nov ’24₹664.30
₹685.00
+3.1%
17.9%₹850.00₹460.00₹1,087.806
Oct ’24₹550.30
₹645.33
+17.3%
13.6%₹710.00₹460.00₹990.856
Sep ’24₹563.90
₹645.33
+14.4%
13.6%₹710.00₹460.00₹848.206
Aug ’24₹509.40
₹632.50
+24.2%
14.4%₹710.00₹460.00₹867.256
Jul ’24₹482.50
₹630.83
+30.7%
14.9%₹710.00₹450.00₹773.106
Jun ’24₹415.85
₹630.83
+51.7%
14.9%₹710.00₹450.00₹869.656
May ’24₹423.50
₹639.17
+50.9%
12.3%₹710.00₹500.00₹701.756
Apr ’24₹389.05
₹675.67
+73.7%
11.8%₹739.00₹500.00₹707.106
Mar ’24₹466.30
₹675.67
+44.9%
11.8%₹739.00₹500.00₹776.356
Feb ’24₹497.40
₹675.67
+35.8%
11.8%₹739.00₹500.00₹722.656
Jan ’24₹468.65
₹838.83
+79.0%
15.4%₹1,060.00₹630.00₹722.006
Dec ’23₹484.75
₹838.83
+73.0%
15.4%₹1,060.00₹630.00₹777.306

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:28
End of Day Share Price 2024/12/20 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

CarTrade Tech Limited is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Nishit JalanAxis Capital Limited
Vijit JainCitigroup Inc