Innovana Thinklabs Limited

NSEI:INNOVANA Stock Report

Market Cap: ₹8.6b

Innovana Thinklabs Valuation

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

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

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for INNOVANA. This is calculated by dividing INNOVANA's market cap by their current earnings.
What is INNOVANA's PE Ratio?
PE Ratio20.7x
Earnings₹415.59m
Market Cap₹8.59b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for INNOVANA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.3x
540735 IRIS Business Services
59.1xn/a₹7.7b
INFOBEAN InfoBeans Technologies
29.6xn/a₹10.4b
12.3xn/a₹6.5b
532344 SoftSol India
24.1xn/a₹4.9b
INNOVANA Innovana Thinklabs
20.7xn/a₹8.6b

Price-To-Earnings vs Peers: INNOVANA is good value based on its Price-To-Earnings Ratio (20.7x) compared to the peer average (31.3x).


Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CLOUD Varanium Cloud
0.3xn/aUS$7.42m
No more companies available in this PE range
INNOVANA 20.7xIndustry Avg. 32.8xNo. of Companies9PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: INNOVANA is good value based on its Price-To-Earnings Ratio (20.7x) compared to the Indian Software industry average (32.8x).


Price to Earnings Ratio vs Fair Ratio

What is INNOVANA'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.

INNOVANA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.7x
Fair PE Ration/a

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