Larsen and Toubro Ltd
F:LTO

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Larsen and Toubro Ltd
F:LTO
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Price: 40.4 EUR Market Closed
Market Cap: 55.5B EUR
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Relative Value

The Relative Value of one LTO stock under the Base Case scenario is 50.4 EUR. Compared to the current market price of 40.4 EUR, Larsen and Toubro Ltd is Undervalued by 20%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

LTO Relative Value
Base Case
50.4 EUR
Undervaluation 20%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
20
vs Industry
18
Median 3Y
1.8
Median 5Y
1.6
Industry
0.8
Forward
1.8
vs History
20
vs Industry
12
Median 3Y
32.1
Median 5Y
28.2
Industry
15.1
Forward
30.4
vs History
11
vs Industry
11
Median 3Y
17.8
Median 5Y
15
Industry
8.9
vs History
36
vs Industry
6
Median 3Y
48.5
Median 5Y
37.5
Industry
13.3
vs History
20
vs Industry
6
Median 3Y
3.8
Median 5Y
3.2
Industry
1.2
vs History
23
vs Industry
19
Median 3Y
2
Median 5Y
1.9
Industry
1
Forward
2
vs History
15
vs Industry
34
Median 3Y
5.7
Median 5Y
5.4
Industry
5.3
vs History
20
vs Industry
12
Median 3Y
17.6
Median 5Y
16.8
Industry
9.5
Forward
18.2
vs History
20
vs Industry
14
Median 3Y
21.2
Median 5Y
20
Industry
12.2
Forward
20.8
vs History
14
vs Industry
11
Median 3Y
19.5
Median 5Y
16.9
Industry
10
vs History
23
vs Industry
11
Median 3Y
23.4
Median 5Y
20.3
Industry
12.4
vs History
20
vs Industry
12
Median 3Y
1.7
Median 5Y
1.4
Industry
0.8

Multiples Across Competitors

LTO Competitors Multiples
Larsen and Toubro Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Larsen and Toubro Ltd
F:LTO
55.5B EUR 2.1 36.2 20.9 24.8
FR
Vinci SA
PAR:DG
56.7B EUR 0.8 12.3 6.2 9.1
IN
Larsen & Toubro Ltd
NSE:LT
4.9T INR 2 36 20.7 24.6
US
Quanta Services Inc
NYSE:PWR
45.6B USD 2 56.3 25.8 41
CN
China State Construction Engineering Corp Ltd
SSE:601668
228.9B CNY 0.1 4.5 7.2 7.2
NL
Ferrovial SE
AEX:FER
30.1B EUR 3.4 39.8 31.6 48.7
ES
Ferrovial SA
MAD:FER
28.9B EUR 3.3 38.3 30.6 47.1
US
EMCOR Group Inc
NYSE:EME
21.5B USD 1.5 23.2 14.9 16.4
CA
WSP Global Inc
TSX:WSP
29.9B CAD 2 46.4 15.8 24.7
CN
China Railway Group Ltd
SSE:601390
142.7B CNY 0.1 5 10.7 10.7
CN
China Railway Construction Corp Ltd
SSE:601186
113.7B CNY 0.1 5.7 9.3 9.3