Redington Limited

NSEI:REDINGTON Stock Report

Market Cap: ₹151.2b

Redington Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: REDINGTON (₹193.37) is trading above our estimate of fair value (₹176.38)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for REDINGTON. This is calculated by dividing REDINGTON's market cap by their current earnings.
What is REDINGTON's PE Ratio?
PE Ratio12.5x
Earnings₹12.05b
Market Cap₹151.17b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for REDINGTON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.2x
530135 Optiemus Infracom
80.5xn/a₹54.6b
DLINKINDIA D-Link (India)
18.7xn/a₹18.4b
RPTECH Rashi Peripherals
12.8xn/a₹24.3b
DCI DC Infotech and Communication
32.9xn/a₹4.3b
REDINGTON Redington
12.5x17.5%₹151.2b

Price-To-Earnings vs Peers: REDINGTON is good value based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (36.2x).


Price to Earnings Ratio vs Industry

How does REDINGTON's PE Ratio compare vs other companies in the IN Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
REDINGTON 12.5xIndustry Avg. 60.7xNo. of Companies7PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: REDINGTON is good value based on its Price-To-Earnings Ratio (12.5x) compared to the Indian Electronic industry average (60.7x).


Price to Earnings Ratio vs Fair Ratio

What is REDINGTON'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.

REDINGTON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.5x
Fair PE Ratio41.5x

Price-To-Earnings vs Fair Ratio: REDINGTON is good value based on its Price-To-Earnings Ratio (12.5x) compared to the estimated Fair Price-To-Earnings Ratio (41.5x).


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 REDINGTON forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹193.37
₹213.80
+10.6%
14.5%₹240.00₹155.00n/a5
Nov ’25₹193.27
₹213.80
+10.6%
14.5%₹240.00₹155.00n/a5
Oct ’25₹185.77
₹219.80
+18.3%
11.5%₹240.00₹170.00n/a5
Sep ’25₹201.85
₹219.80
+8.9%
11.5%₹240.00₹170.00n/a5
Aug ’25₹203.32
₹223.20
+9.8%
12.2%₹246.00₹170.00n/a5
Jul ’25₹222.75
₹215.20
-3.4%
18.9%₹246.00₹135.00n/a5
Jun ’25₹198.15
₹215.20
+8.6%
18.9%₹246.00₹135.00n/a5
May ’25₹218.60
₹208.60
-4.6%
18.0%₹240.00₹135.00n/a5
Apr ’25₹209.95
₹208.60
-0.6%
18.0%₹240.00₹135.00n/a5
Mar ’25₹211.05
₹208.60
-1.2%
18.0%₹240.00₹135.00n/a5
Feb ’25₹180.20
₹191.80
+6.4%
15.3%₹217.00₹135.00n/a5
Jan ’25₹175.00
₹190.80
+9.0%
16.4%₹217.00₹130.00n/a5
Dec ’24₹159.65
₹190.80
+19.5%
16.4%₹217.00₹130.00n/a5
Nov ’24₹145.15
₹185.00
+27.5%
15.9%₹210.00₹130.00₹193.275
Oct ’24₹154.80
₹185.00
+19.5%
15.9%₹210.00₹130.00₹185.775
Sep ’24₹156.20
₹189.17
+21.1%
15.0%₹210.00₹130.00₹201.856
Aug ’24₹183.20
₹207.60
+13.3%
6.0%₹220.00₹185.00₹203.325
Jul ’24₹186.00
₹207.60
+11.6%
6.0%₹220.00₹185.00₹222.755
Jun ’24₹183.95
₹203.83
+10.8%
7.1%₹220.00₹180.00₹198.156
May ’24₹168.40
₹207.50
+23.2%
5.2%₹220.00₹190.00₹218.606
Apr ’24₹166.65
₹209.00
+25.4%
5.2%₹220.00₹190.00₹209.956
Mar ’24₹169.85
₹204.43
+20.4%
8.8%₹220.00₹167.00₹211.057
Feb ’24₹182.65
₹205.50
+12.5%
10.1%₹226.00₹167.00₹180.206
Jan ’24₹180.80
₹200.50
+10.9%
11.3%₹226.00₹167.00₹175.006
Dec ’23₹179.75
₹200.50
+11.5%
11.3%₹226.00₹167.00₹159.656
Nov ’23₹137.35
₹186.14
+35.5%
8.4%₹210.00₹166.00₹145.157

Analyst Forecast: Target price is less than 20% higher than the current share price.


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