UltraTech Cement Valuation

Q: What is the Fair Price of ULC14 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ULC14 ($134) is trading above our estimate of [[fair value]] ($52.58)

Is ULC14 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 ULC14 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ULC14 ($134) is trading above our estimate of fair value ($52.58)

Significantly Below Fair Value: ULC14 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ULC14?

Key metric: As ULC14 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ULC14. This is calculated by dividing ULC14's market cap by their current earnings.
What is ULC14's PE Ratio?
PE Ratio	50x
Earnings	₹65.52b
Market Cap	₹3.28t

ULC14 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/Revenue	4.8x
Enterprise Value/EBITDA	27.8x
PEG Ratio	2x

Price to Earnings Ratio vs Peers

How does ULC14's PE Ratio compare to its peers?

The above table shows the PE ratio for ULC14 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	29.7x
VMC Vulcan Materials	44.1x	18.0%	US$37.6b
MLM Martin Marietta Materials	18.4x	-13.5%	US$36.5b
GRASIM Grasim Industries	39.3x	-34.4%	₹1.8t
HOLN Holcim	17x	7.7%	CHF 51.0b
ULC14 UltraTech Cement	50x	25.3%	US$3.3t

Price-To-Earnings vs Peers: ULC14 is expensive based on its Price-To-Earnings Ratio (50x) compared to the peer average (28.3x).

Price to Earnings Ratio vs Industry

How does ULC14's PE Ratio compare vs other companies in the European Basic Materials Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ULC14 is expensive based on its Price-To-Earnings Ratio (50x) compared to the European Basic Materials industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is ULC14'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.

ULC14 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	50x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ULC14'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.