Bharat Electronics Ltd
NSE:BEL

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Bharat Electronics Ltd Logo
Bharat Electronics Ltd
NSE:BEL
Watchlist
Price: 283.12 INR 1.15%
Market Cap: 2.1T INR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BEL stock under the Base Case scenario is 244.48 INR. Compared to the current market price of 283.12 INR, Bharat Electronics Ltd is Overvalued by 14%.

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
244.48 INR
Overvaluation 14%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

8.9
P/S
P/S
Price to Sales
8.9
vs History
14
vs Industry
15
Median 3Y
5.3
Median 5Y
4
Industry
3.9
Forward
8.6
More Details
41.5
P/E
P/E
Price to Earnings
41.5
vs History
17
vs Industry
17
Median 3Y
30.2
Median 5Y
24.6
Industry
33.2
Forward
41.5
More Details
103.2
P/OCF
P/OCF
Price to OCF
103.2
vs History
9
vs Industry
16
Median 3Y
48.8
Median 5Y
18.3
Industry
22.6
More Details
176.2
P/FCFE
P/FCFE
Price to FCFE
176.2
vs History
17
vs Industry
13
Median 3Y
56.9
Median 5Y
21.1
Industry
31.1
More Details
11.7
P/B
P/B
Price to Book Value
11.7
vs History
14
vs Industry
4
Median 3Y
6.8
Median 5Y
5.1
Industry
3.6
More Details
8.5
EV/S
EV/S
Enterprise Value to Sales
8.5
vs History
14
vs Industry
15
Median 3Y
4.9
Median 5Y
3.4
Industry
3.8
Forward
8.2
More Details
17.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
17.4
vs History
14
vs Industry
22
Median 3Y
10.7
Median 5Y
8
Industry
12.7
More Details
31.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
31.4
vs History
14
vs Industry
15
Median 3Y
20.6
Median 5Y
15.3
Industry
22.2
Forward
32.8
More Details
33.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
33.7
vs History
17
vs Industry
17
Median 3Y
22.9
Median 5Y
17.4
Industry
28.6
Forward
32.7
More Details
98.5
EV/OCF
EV/OCF
Enterprise Value to OCF
98.5
vs History
7
vs Industry
18
Median 3Y
46.4
Median 5Y
16.5
Industry
24.3
More Details
167
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
167
vs History
17
vs Industry
14
Median 3Y
53.9
Median 5Y
19
Industry
32.4
More Details
7.1
EV/IC
EV/IC
Enterprise Value to IC
7.1
vs History
14
vs Industry
12
Median 3Y
3.7
Median 5Y
2.6
Industry
2.6
More Details

Multiples Across Competitors

BEL Competitors Multiples
Bharat Electronics Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Bharat Electronics Ltd
NSE:BEL
2.1T INR 8.9 41.5 31.4 33.7
US
Raytheon Technologies Corp
NYSE:RTX
175.9B USD 2.2 36.8 20.1 34.7
US
RTX Corp
LSE:0R2N
175.5B USD 2.2 36.8 20.1 34.6
NL
Airbus SE
PAR:AIR
134.9B EUR 1.9 31.9 16.6 26.2
US
Boeing Co
NYSE:BA
121.3B USD 1.8 -10.2 -16.4 -13.6
FR
Safran SA
PAR:SAF
105.4B EUR 3.8 -158 19.4 26.1
US
Lockheed Martin Corp
NYSE:LMT
110.4B USD 1.6 20.7 14.8 17.9
UK
Rolls-Royce Holdings PLC
LSE:RR
68.2B GBP 3.6 27 19.5 24.3
US
TransDigm Group Inc
NYSE:TDG
76.2B USD 9.3 46.4 23.6 25.7
US
General Dynamics Corp
NYSE:GD
71.7B USD 1.5 19 13.7 16.2
US
Northrop Grumman Corp
NYSE:NOC
71.1B USD 1.7 17 14.2 18.6
P/E Multiple
Earnings Growth PEG
IN
Bharat Electronics Ltd
NSE:BEL
Average P/E: 30.8
41.5
19%
2.2
US
Raytheon Technologies Corp
NYSE:RTX
36.8
28%
1.3
US
RTX Corp
LSE:0R2N
36.8
28%
1.3
NL
Airbus SE
PAR:AIR
31.9
24%
1.3
US
Boeing Co
NYSE:BA
Negative Multiple: -10.2 N/A N/A
FR
Safran SA
PAR:SAF
Negative Multiple: -158 N/A N/A
US
Lockheed Martin Corp
NYSE:LMT
20.7
12%
1.7
UK
Rolls-Royce Holdings PLC
LSE:RR
27
-2%
N/A
US
TransDigm Group Inc
NYSE:TDG
46.4
24%
1.9
US
General Dynamics Corp
NYSE:GD
19
10%
1.9
US
Northrop Grumman Corp
NYSE:NOC
17
3%
5.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Bharat Electronics Ltd
NSE:BEL
Average EV/EBITDA: 19.3
31.4
16%
2
US
Raytheon Technologies Corp
NYSE:RTX
20.1
16%
1.3
US
RTX Corp
LSE:0R2N
20.1
16%
1.3
NL
Airbus SE
PAR:AIR
16.6
19%
0.9
US
Boeing Co
NYSE:BA
Negative Multiple: -16.4 N/A N/A
FR
Safran SA
PAR:SAF
19.4
13%
1.5
US
Lockheed Martin Corp
NYSE:LMT
14.8
10%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
19.5
7%
2.8
US
TransDigm Group Inc
NYSE:TDG
23.6
12%
2
US
General Dynamics Corp
NYSE:GD
13.7
8%
1.7
US
Northrop Grumman Corp
NYSE:NOC
14.2
5%
2.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Bharat Electronics Ltd
NSE:BEL
Average EV/EBIT: 25.8
33.7
20%
1.7
US
Raytheon Technologies Corp
NYSE:RTX
34.7
27%
1.3
US
RTX Corp
LSE:0R2N
34.6
27%
1.3
NL
Airbus SE
PAR:AIR
26.2
28%
0.9
US
Boeing Co
NYSE:BA
Negative Multiple: -13.6 N/A N/A
FR
Safran SA
PAR:SAF
26.1
16%
1.6
US
Lockheed Martin Corp
NYSE:LMT
17.9
12%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
24.3
4%
6.1
US
TransDigm Group Inc
NYSE:TDG
25.7
12%
2.1
US
General Dynamics Corp
NYSE:GD
16.2
10%
1.6
US
Northrop Grumman Corp
NYSE:NOC
18.6
5%
3.7

See Also

Summary
BEL intrinsic value, competitors valuation, and company profile.
DCF Valuation
BEL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BEL stock valuation using valuation multiples.
Wall Street Estimates
BEL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BEL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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