Adani Ports and Special Economic Zone Limited

NSEI:ADANIPORTS Stock Report

Market Cap: ₹3.1t

Adani Ports and Special Economic Zone Valuation

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

Below Fair Value: ADANIPORTS (₹1418.55) is trading above our estimate of fair value (₹450.13)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ADANIPORTS 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/Revenue12.9x
Enterprise Value/EBITDA21.8x
PEG Ratio2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ADANIPORTS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36x
JSWINFRA JSW Infrastructure
58.7x15.6%₹661.9b
GPPL Gujarat Pipavav Port
26.9x16.2%₹103.4b
JITFINFRA JITF Infralogistics
35.7xn/a₹20.6b
INDIGO InterGlobe Aviation
22.8x5.1%₹1.8t
ADANIPORTS Adani Ports and Special Economic Zone
32x16.0%₹3.1t

Price-To-Earnings vs Peers: ADANIPORTS is good value based on its Price-To-Earnings Ratio (32x) compared to the peer average (36x).


Price to Earnings Ratio vs Industry

How does ADANIPORTS's PE Ratio compare vs other companies in the Asian Infrastructure Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.3%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.3%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: ADANIPORTS is expensive based on its Price-To-Earnings Ratio (32x) compared to the Asian Infrastructure industry average (14.1x).


Price to Earnings Ratio vs Fair Ratio

What is ADANIPORTS'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.

ADANIPORTS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32x
Fair PE Ratio53.8x

Price-To-Earnings vs Fair Ratio: ADANIPORTS is good value based on its Price-To-Earnings Ratio (32x) compared to the estimated Fair Price-To-Earnings Ratio (53.8x).


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 ADANIPORTS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,418.55
₹1,753.33
+23.6%
6.8%₹2,000.00₹1,517.00n/a15
Oct ’25₹1,467.50
₹1,751.33
+19.3%
6.7%₹2,000.00₹1,517.00n/a15
Sep ’25₹1,481.90
₹1,751.33
+18.2%
6.7%₹2,000.00₹1,517.00n/a15
Aug ’25₹1,590.15
₹1,626.20
+2.3%
8.5%₹1,910.00₹1,380.00n/a15
Jul ’25₹1,474.50
₹1,557.65
+5.6%
7.8%₹1,782.00₹1,290.00n/a17
Jun ’25₹1,437.40
₹1,534.71
+6.8%
7.0%₹1,782.00₹1,290.00n/a17
May ’25₹1,324.90
₹1,461.18
+10.3%
8.9%₹1,758.00₹1,204.00n/a17
Apr ’25₹1,375.90
₹1,451.94
+5.5%
9.1%₹1,758.00₹1,243.00n/a17
Mar ’25₹1,322.10
₹1,367.53
+3.4%
9.8%₹1,564.00₹939.00n/a17
Feb ’25₹1,218.85
₹1,194.82
-2.0%
16.6%₹1,430.00₹810.00n/a17
Jan ’25₹1,047.85
₹975.67
-6.9%
13.1%₹1,213.00₹800.00n/a18
Dec ’24₹827.80
₹929.22
+12.3%
8.7%₹1,140.00₹800.00n/a18
Nov ’24₹769.10
₹898.17
+16.8%
6.5%₹1,010.00₹800.00n/a18
Oct ’24₹825.15
₹884.50
+7.2%
5.7%₹972.00₹800.00₹1,467.5018
Sep ’24₹799.50
₹881.37
+10.2%
5.7%₹972.00₹800.00₹1,481.9019
Aug ’24₹765.35
₹837.57
+9.4%
8.2%₹972.00₹697.00₹1,590.1521
Jul ’24₹739.25
₹837.57
+13.3%
8.2%₹972.00₹697.00₹1,474.5021
Jun ’24₹732.05
₹842.81
+15.1%
9.5%₹1,025.00₹697.00₹1,437.4021
May ’24₹681.30
₹834.24
+22.4%
12.7%₹1,105.00₹640.00₹1,324.9021
Apr ’24₹631.90
₹831.29
+31.6%
13.1%₹1,105.00₹640.00₹1,375.9021
Mar ’24₹602.10
₹827.95
+37.5%
13.3%₹1,105.00₹640.00₹1,322.1021
Feb ’24₹495.15
₹952.30
+92.3%
10.0%₹1,156.00₹753.00₹1,218.8520
Jan ’24₹818.10
₹964.00
+17.8%
9.5%₹1,156.00₹753.00₹1,047.8521
Dec ’23₹890.55
₹964.00
+8.2%
9.5%₹1,156.00₹753.00₹827.8021
Nov ’23₹841.80
₹915.90
+8.8%
9.7%₹1,105.00₹753.00₹769.1021
Oct ’23₹820.65
₹912.48
+11.2%
9.9%₹1,105.00₹753.00₹825.1521

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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