Route Mobile Limited

NSEI:ROUTE Stock Report

Market Cap: ₹87.5b

Route Mobile Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: ROUTE (₹1389.4) is trading above our estimate of fair value (₹1130.45)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ROUTE. This is calculated by dividing ROUTE's market cap by their current earnings.
What is ROUTE's PE Ratio?
PE Ratio22.8x
Earnings₹3.83b
Market Cap₹87.48b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ROUTE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48.2x
MAPMYINDIA C. E. Info Systems
64.1x29.6%₹86.4b
AURIONPRO Aurionpro Solutions
51.3xn/a₹84.4b
RATEGAIN RateGain Travel Technologies
42.9x19.2%₹80.6b
INTELLECT Intellect Design Arena
34.4x24.6%₹97.8b
ROUTE Route Mobile
22.8x18.0%₹87.5b

Price-To-Earnings vs Peers: ROUTE is good value based on its Price-To-Earnings Ratio (22.8x) compared to the peer average (48.2x).

Price to Earnings Ratio vs Industry

How does ROUTE'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
ROUTE 22.8xIndustry Avg. 33.5xNo. of Companies10PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ROUTE is good value based on its Price-To-Earnings Ratio (22.8x) compared to the Indian Software industry average (33.5x).

Price to Earnings Ratio vs Fair Ratio

What is ROUTE'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.

ROUTE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.8x
Fair PE Ratio33.8x

Price-To-Earnings vs Fair Ratio: ROUTE is good value based on its Price-To-Earnings Ratio (22.8x) compared to the estimated Fair Price-To-Earnings Ratio (33.8x).

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 ROUTE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,389.40
₹1,847.50
+33.0%
5.6%₹1,950.00₹1,700.00n/a4
Nov ’25₹1,538.50
₹1,847.50
+20.1%
5.6%₹1,950.00₹1,700.00n/a4
Oct ’25₹1,579.35
₹1,950.00
+23.5%
6.0%₹2,100.00₹1,800.00n/a4
Sep ’25₹1,581.00
₹1,925.00
+21.8%
4.7%₹2,020.00₹1,800.00n/a4
Aug ’25₹1,628.40
₹1,925.00
+18.2%
4.7%₹2,020.00₹1,800.00n/a4
Jul ’25₹1,835.95
₹1,832.50
-0.2%
3.2%₹1,930.00₹1,780.00n/a4
Jun ’25₹1,476.50
₹1,807.50
+22.4%
4.6%₹1,930.00₹1,700.00n/a4
May ’25₹1,523.95
₹1,852.50
+21.6%
3.5%₹1,930.00₹1,750.00n/a4
Apr ’25₹1,616.65
₹1,872.50
+15.8%
4.2%₹1,950.00₹1,750.00n/a4
Mar ’25₹1,594.30
₹1,872.50
+17.4%
4.2%₹1,950.00₹1,750.00n/a4
Feb ’25₹1,579.20
₹1,846.67
+16.9%
4.0%₹1,930.00₹1,750.00n/a3
Jan ’25₹1,668.75
₹1,820.00
+9.1%
5.1%₹1,950.00₹1,750.00n/a3
Dec ’24₹1,539.90
₹1,810.00
+17.5%
5.5%₹1,950.00₹1,720.00n/a3
Nov ’24₹1,557.15
₹1,810.00
+16.2%
5.5%₹1,950.00₹1,720.00₹1,538.503
Oct ’24₹1,590.55
₹1,793.33
+12.7%
4.3%₹1,900.00₹1,720.00₹1,579.353
Sep ’24₹1,553.65
₹1,776.67
+14.4%
5.3%₹1,900.00₹1,670.00₹1,581.003
Aug ’24₹1,525.00
₹1,757.50
+15.2%
5.0%₹1,900.00₹1,670.00₹1,628.404
Jul ’24₹1,593.10
₹1,732.50
+8.8%
2.9%₹1,800.00₹1,670.00₹1,835.954
Jun ’24₹1,456.75
₹1,664.00
+14.2%
6.9%₹1,800.00₹1,500.00₹1,476.505
May ’24₹1,270.75
₹1,579.00
+24.3%
8.5%₹1,800.00₹1,380.00₹1,523.955
Apr ’24₹1,365.90
₹1,571.00
+15.0%
9.3%₹1,800.00₹1,340.00₹1,616.655
Mar ’24₹1,338.85
₹1,571.00
+17.3%
9.3%₹1,800.00₹1,340.00₹1,594.305
Feb ’24₹1,211.20
₹1,571.00
+29.7%
9.3%₹1,800.00₹1,340.00₹1,579.205
Jan ’24₹1,215.60
₹1,677.20
+38.0%
7.3%₹1,790.00₹1,500.00₹1,668.755
Dec ’23₹1,353.85
₹1,677.20
+23.9%
7.3%₹1,790.00₹1,500.00₹1,539.905
Nov ’23₹1,321.05
₹1,677.20
+27.0%
7.3%₹1,790.00₹1,500.00₹1,557.155

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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