Dalmia Bharat Ltd (NSE:DALBHARAT)

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Price: 1 759.95 INR -2.33%

Market Cap: 330.1B INR

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Section:

Relative Value

The Relative Value of one DALBHARAT stock under the Base Case scenario is 2 606.51 INR. Compared to the current market price of 1 759.95 INR, Dalmia Bharat Ltd is Undervalued 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.

What is Relative Valuation?

How is Relative Value calculated?

DALBHARAT Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

2.2

P/S

vs History	69
vs Industry	18

Median 5Y

2.5

Industry

0.8

Forward

2.2

More Details

39.4

P/E

vs History	41
vs Industry	11

Median 5Y

38.7

Industry

15.3

Forward

38.5

More Details

12.5

P/OCF

vs History	53
vs Industry	24

Median 5Y

13.1

Industry

8.9

More Details

113.9

P/FCFE

vs History	11
vs Industry	3

Median 5Y

-30.9

Industry

13.1

More Details

P/B

vs History	55
vs Industry	23

Median 5Y

2.1

Industry

1.2

More Details

2.5

EV/S

vs History	53
vs Industry	18

Median 5Y

2.6

Industry

Forward

2.4

More Details

EV/GP

vs History	53
vs Industry	49

Median 5Y

4.2

Industry

5.2

More Details

EV/EBITDA

vs History	57
vs Industry	24

Median 5Y

13.5

Industry

9.7

Forward

13.5

More Details

28.2

EV/EBIT

vs History	41
vs Industry	11

Median 5Y

25.6

Industry

12.4

Forward

27.4

More Details

13.7

EV/OCF

vs History	39
vs Industry	25

Median 5Y

Industry

10.1

More Details

Negative

EV/FCFF

vs History
vs Industry

Median 5Y

-48.6

Industry

12.6

More Details

1.4

EV/IC

vs History	60
vs Industry	21

Median 5Y

1.5

Industry

0.8

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
IN		Dalmia Bharat Ltd NSE:DALBHARAT	330.1B INR	2.2	39.4	13	28.2
IE	C	CRH PLC NYSE:CRH	64.1B USD	1	10.7	7	8.8
CH		Holcim AG SIX:HOLN	48.9B CHF	1.8	16.3	8.5	12.7
IN		UltraTech Cement Ltd NSE:ULTRACEMCO	3.3T INR	4.7	50.5	26.6	36.4
US		Vulcan Materials Co NYSE:VMC	34.7B USD	4.7	41	19	27.6
US		Martin Marietta Materials Inc NYSE:MLM	32.5B USD	5	16.4	18.2	25.1
DE		HeidelbergCement AG XETRA:HEI	21.7B EUR	0.8	2.9	2.6	3
IN		Grasim Industries Ltd NSE:GRASIM	1.7T INR	1.3	38.3	9.9	12.1
CN		Anhui Conch Cement Co Ltd SSE:600585	127.2B CNY	1.2	18.3	10.4	10.4
IN		Ambuja Cements Ltd NSE:AMBUJACEM	1.4T INR	4.1	45.6	21.4	31.7
DE	H	Heidelberg Materials AG XMUN:HEI	13.8B EUR	0.5	1.8	1.8	2.1

				Revenue Growth	P/S to Growth
IN		Dalmia Bharat Ltd NSE:DALBHARAT	Average P/S: 2.5 2.2	27%	0.1
IE	C	CRH PLC NYSE:CRH	1	18%	0.1
CH		Holcim AG SIX:HOLN	1.8	11%	0.2
IN		UltraTech Cement Ltd NSE:ULTRACEMCO	4.7	37%	0.1
US		Vulcan Materials Co NYSE:VMC	4.7	13%	0.3
US		Martin Marietta Materials Inc NYSE:MLM	5	17%	0.3
DE		HeidelbergCement AG XETRA:HEI	0.8	9%	0.1
IN		Grasim Industries Ltd NSE:GRASIM	1.3	40%	0
CN		Anhui Conch Cement Co Ltd SSE:600585	1.2	-2%	N/A
IN		Ambuja Cements Ltd NSE:AMBUJACEM	4.1	52%	0.1
DE	H	Heidelberg Materials AG XMUN:HEI	0.5	9%	0.1

				Earnings Growth	P/E to Growth
IN		Dalmia Bharat Ltd NSE:DALBHARAT	Average P/E: 25.6 39.4	77%	0.5
IE	C	CRH PLC NYSE:CRH	10.7	55%	0.2
CH		Holcim AG SIX:HOLN	16.3	34%	0.5
IN		UltraTech Cement Ltd NSE:ULTRACEMCO	50.5	67%	0.8
US		Vulcan Materials Co NYSE:VMC	41	51%	0.8
US		Martin Marietta Materials Inc NYSE:MLM	16.4	26%	0.6
DE		HeidelbergCement AG XETRA:HEI	2.9	26%	0.1
IN		Grasim Industries Ltd NSE:GRASIM	38.3	77%	0.5
CN		Anhui Conch Cement Co Ltd SSE:600585	18.3	3%	6.7
IN		Ambuja Cements Ltd NSE:AMBUJACEM	45.6	64%	0.7
DE	H	Heidelberg Materials AG XMUN:HEI	1.8	26%	0.1

				EBITDA Growth	EV/EBITDA to Growth
IN		Dalmia Bharat Ltd NSE:DALBHARAT	Average EV/EBITDA: 12.6 13	43%	0.3
IE	C	CRH PLC NYSE:CRH	7	35%	0.2
CH		Holcim AG SIX:HOLN	8.5	22%	0.4
IN		UltraTech Cement Ltd NSE:ULTRACEMCO	26.6	62%	0.4
US		Vulcan Materials Co NYSE:VMC	19	30%	0.6
US		Martin Marietta Materials Inc NYSE:MLM	18.2	23%	0.8
DE		HeidelbergCement AG XETRA:HEI	2.6	29%	0.1
IN		Grasim Industries Ltd NSE:GRASIM	9.9	44%	0.2
CN		Anhui Conch Cement Co Ltd SSE:600585	10.4	77%	0.1
IN		Ambuja Cements Ltd NSE:AMBUJACEM	21.4	80%	0.3
DE	H	Heidelberg Materials AG XMUN:HEI	1.8	29%	0.1

				EBIT Growth	EV/EBIT to Growth
IN		Dalmia Bharat Ltd NSE:DALBHARAT	Average EV/EBIT: 18 28.2	96%	0.3
IE	C	CRH PLC NYSE:CRH	8.8	42%	0.2
CH		Holcim AG SIX:HOLN	12.7	35%	0.4
IN		UltraTech Cement Ltd NSE:ULTRACEMCO	36.4	67%	0.5
US		Vulcan Materials Co NYSE:VMC	27.6	40%	0.7
US		Martin Marietta Materials Inc NYSE:MLM	25.1	22%	1.1
DE		HeidelbergCement AG XETRA:HEI	3	40%	0.1
IN		Grasim Industries Ltd NSE:GRASIM	12.1	83%	0.1
CN		Anhui Conch Cement Co Ltd SSE:600585	10.4	6%	1.6
IN		Ambuja Cements Ltd NSE:AMBUJACEM	31.7	79%	0.4
DE	H	Heidelberg Materials AG XMUN:HEI	2.1	40%	0.1

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Dalmia Bharat Ltd
NSE:DALBHARAT

Relative Value

Valuation Multiples

Multiples Across Competitors

DALBHARAT Competitors Multiples
Dalmia Bharat Ltd Competitors

See Also

Company

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52 Week Range	1 686.35 2 390.7
Price Target

Dalmia Bharat Ltd NSE:DALBHARAT

Relative Value

Valuation Multiples

Multiples Across Competitors

DALBHARAT Competitors Multiples Dalmia Bharat Ltd Competitors

See Also

Company

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Tools

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Dalmia Bharat Ltd
NSE:DALBHARAT

DALBHARAT Competitors Multiples
Dalmia Bharat Ltd Competitors