MIC Electronics Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: Insufficient data to calculate MICEL's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MICEL's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MICEL. This is calculated by dividing MICEL's market cap by their current earnings.
What is MICEL's PE Ratio?
PE Ratio	35.7x
Earnings	₹561.36m
Market Cap	₹20.04b

MICEL 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	27.4x
Enterprise Value/EBITDA	149.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MICEL 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	54.2x
ALPEXSOLAR Alpex Solar	46.5x	n/a	₹20.5b
SOLEX Solex Energy	72.5x	n/a	₹15.3b
APS Australian Premium Solar (India)	60.2x	n/a	₹10.0b
GGBL Ganesh Green Bharat	37.8x	n/a	₹9.9b
MICEL MIC Electronics	35.7x	n/a	₹20.0b

Price-To-Earnings vs Peers: MICEL is good value based on its Price-To-Earnings Ratio (35.7x) compared to the peer average (54.2x).

Price to Earnings Ratio vs Industry

How does MICEL's PE Ratio compare vs other companies in the Asian Semiconductor Industry?

9 Companies	Price / Earnings	Estimated Growth	Market Cap

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MICEL is expensive based on its Price-To-Earnings Ratio (35.7x) compared to the Asian Semiconductor industry average (32.1x).

Price to Earnings Ratio vs Fair Ratio

What is MICEL'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.

MICEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	35.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MICEL'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.