Bharat Heavy Electricals Ltd
NSE:BHEL

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Bharat Heavy Electricals Ltd
NSE:BHEL
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Price: 234.39 INR 2.83% Market Closed
Market Cap: 816.2B INR
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Relative Value

The Relative Value of one BHEL stock under the Base Case scenario is 357.27 INR. Compared to the current market price of 234.39 INR, Bharat Heavy Electricals Ltd is Undervalued by 34%.

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.

BHEL Relative Value
Base Case
357.27 INR
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
18
Median 3Y
1.3
Median 5Y
1.1
Industry
1.7
Forward
2.5
vs History
11
vs Industry
1
Median 3Y
35.4
Median 5Y
18.5
Industry
22.6
Forward
68.6
vs History
3
vs Industry
Median 3Y
-17.9
Median 5Y
-16.2
Industry
14.3
vs History
vs Industry
Median 3Y
-42.6
Median 5Y
-42.6
Industry
20.2
vs History
12
vs Industry
14
Median 3Y
1.1
Median 5Y
0.8
Industry
1.9
vs History
15
vs Industry
16
Median 3Y
1.2
Median 5Y
1
Industry
1.8
Forward
2.6
vs History
15
vs Industry
18
Median 3Y
4.1
Median 5Y
3.3
Industry
7.3
vs History
22
vs Industry
1
Median 3Y
52.5
Median 5Y
15.6
Industry
14.8
Forward
45.3
vs History
14
vs Industry
1
Median 3Y
44.3
Median 5Y
9.5
Industry
18.2
Forward
55.7
vs History
3
vs Industry
Median 3Y
-18.5
Median 5Y
-14.8
Industry
14
vs History
3
vs Industry
Median 3Y
-17.8
Median 5Y
-12.1
Industry
17.4
vs History
12
vs Industry
24
Median 3Y
0.7
Median 5Y
0.5
Industry
1.6

Multiples Across Competitors

BHEL Competitors Multiples
Bharat Heavy Electricals 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 Heavy Electricals Ltd
NSE:BHEL
816.2B INR 3.2 346.4 111.3 164.1
DE
Siemens Energy AG
XETRA:ENR
38.2B EUR 1.1 32.3 24 -398.2
JP
Mitsubishi Electric Corp
TSE:6503
5.4T JPY 1 19.5 8.9 14.5
CN
NARI Technology Co Ltd
SSE:600406
207.3B CNY 3.9 28 23.2 23.2
CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
18.8B EUR 2.5 80.5 75.2 75.2
IN
ABB India Ltd
NSE:ABB
1.5T INR 12.8 91.2 71.9 76.8
CN
Shanghai Electric Group Co Ltd
SSE:601727
124.7B CNY 1.1 561 56.4 56.4
DK
Vestas Wind Systems A/S
CSE:VWS
100.1B DKK 0.9 -274 -927.5 -927.5
CN
Hangzhou Steam Turbine Co Ltd
SZSE:200771
13B 0 0 0 0
IN
Suzlon Energy Ltd
NSE:SUZLON
889.9B INR 11.3 92.7 69.6 81.4
KR
Doosan Enerbility Co Ltd
KRX:034020
14.2T KRW 0.9 172.1 11 16

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