Bharat Electronics Ltd banner

Bharat Electronics Ltd
NSE:BEL

Watchlist Manager
Bharat Electronics Ltd Logo
Bharat Electronics Ltd
NSE:BEL
Watchlist
Price: 441.05 INR 1.31% Market Closed
Market Cap: ₹3.2T

Relative Value

The Relative Value of one BEL stock under the Base Case scenario is 298.8 INR. Compared to the current market price of 441.05 INR, Bharat Electronics Ltd is Overvalued by 32%.

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.

BEL Relative Value
Base Case
298.8 INR
Overvaluation 32%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

BEL Competitors Multiples
Bharat Electronics 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
Bharat Electronics Ltd
NSE:BEL
3.2T INR 12.2 54.2 40 42.7
US
RTX Corp
LSE:0R2N
274.7B USD 3.1 40.8 22.1 32.4
US
Raytheon Technologies Corp
NYSE:RTX
274B USD 3.1 40.9 22.1 32.5
US
Boeing Co
NYSE:BA
182.6B USD 2.1 97.2 -59.5 -38
NL
Airbus SE
PAR:AIR
149.9B EUR 2.1 29.7 17.5 26.5
FR
Safran SA
PAR:SAF
142.9B EUR 4.9 33.6 23.9 31.2
US
Lockheed Martin Corp
NYSE:LMT
151.5B USD 2 30.2 17.7 21.6
UK
Rolls-Royce Holdings PLC
LSE:RR
113.4B GBP 5.8 19.7 26.9 34.3
US
Northrop Grumman Corp
NYSE:NOC
104.6B USD 2.5 24.6 19.8 26.6
US
Howmet Aerospace Inc
NYSE:HWM
101.3B USD 12.6 68.9 43.9 49.7
US
General Dynamics Corp
NYSE:GD
95.8B USD 1.8 22.7 16 18.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Bharat Electronics Ltd
NSE:BEL
Average EV/EBITDA: 25
40
16%
2.5
US
RTX Corp
LSE:0R2N
22.1
10%
2.2
US
Raytheon Technologies Corp
NYSE:RTX
22.1
10%
2.2
US
Boeing Co
NYSE:BA
Negative Multiple: -59.5 N/A N/A
NL
Airbus SE
PAR:AIR
17.5
19%
0.9
FR
Safran SA
PAR:SAF
23.9
16%
1.5
US
Lockheed Martin Corp
NYSE:LMT
17.7
7%
2.5
UK
Rolls-Royce Holdings PLC
LSE:RR
26.9
17%
1.6
US
Northrop Grumman Corp
NYSE:NOC
19.8
7%
2.8
US
Howmet Aerospace Inc
NYSE:HWM
43.9
14%
3.1
US
General Dynamics Corp
NYSE:GD
16
8%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Bharat Electronics Ltd
NSE:BEL
Average EV/EBIT: 31.6
42.7
16%
2.7
US
RTX Corp
LSE:0R2N
32.4
16%
2
US
Raytheon Technologies Corp
NYSE:RTX
32.5
16%
2
US
Boeing Co
NYSE:BA
Negative Multiple: -38 N/A N/A
NL
Airbus SE
PAR:AIR
26.5
26%
1
FR
Safran SA
PAR:SAF
31.2
20%
1.6
US
Lockheed Martin Corp
NYSE:LMT
21.6
9%
2.4
UK
Rolls-Royce Holdings PLC
LSE:RR
34.3
21%
1.6
US
Northrop Grumman Corp
NYSE:NOC
26.6
9%
3
US
Howmet Aerospace Inc
NYSE:HWM
49.7
14%
3.6
US
General Dynamics Corp
NYSE:GD
18.8
9%
2.1