63 moons technologies limited

NSEI:63MOONS Stock Report

Market Cap: ₹29.1b

63 moons technologies Valuation

Is 63MOONS 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 63MOONS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 63MOONS (₹631.5) is trading above our estimate of fair value (₹27.02)

Significantly Below Fair Value: 63MOONS is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 63MOONS?

Key metric: As 63MOONS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 63MOONS. This is calculated by dividing 63MOONS's market cap by their current earnings.
What is 63MOONS's PE Ratio?
PE Ratio39.7x
Earnings₹732.59m
Market Cap₹29.09b

Price to Earnings Ratio vs Peers

How does 63MOONS's PE Ratio compare to its peers?

The above table shows the PE ratio for 63MOONS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.3x
531209 Nucleus Software Exports
18.6x19.2%₹29.2b
SASKEN Sasken Technologies
48.8xn/a₹31.8b
RATEGAIN RateGain Travel Technologies
44x19.2%₹82.8b
UNIECOM Unicommerce eSolutions
125.6x27.0%₹18.5b
63MOONS 63 moons technologies
39.7xn/a₹29.1b

Price-To-Earnings vs Peers: 63MOONS is good value based on its Price-To-Earnings Ratio (39.7x) compared to the peer average (59.3x).


Price to Earnings Ratio vs Industry

How does 63MOONS's PE Ratio compare vs other companies in the IN Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CLOUD Varanium Cloud
0.3xn/aUS$7.31m
No more companies available in this PE range
63MOONS 39.7xIndustry Avg. 34.4xNo. of Companies8PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 63MOONS is expensive based on its Price-To-Earnings Ratio (39.7x) compared to the Indian Software industry average (34.6x).


Price to Earnings Ratio vs Fair Ratio

What is 63MOONS'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.

63MOONS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 63MOONS'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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