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Emcure Pharmaceuticals Ltd
NSE:EMCURE

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Emcure Pharmaceuticals Ltd
NSE:EMCURE
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Price: 1 029.7 INR -4.05% Market Closed
Market Cap: 195.1B INR

Relative Value

The Relative Value of one EMCURE stock under the Base Case scenario is 1 132.28 INR. Compared to the current market price of 1 029.7 INR, Emcure Pharmaceuticals Ltd is Undervalued by 9%.

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.

EMCURE Relative Value
Base Case
1 132.28 INR
Undervaluation 9%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
54
vs Industry
58
Median 3Y
1.6
Median 5Y
1.6
Industry
2.4
Forward
2.5
vs History
54
vs Industry
24
Median 3Y
20.5
Median 5Y
20.5
Industry
20.6
Forward
27.7
vs History
54
vs Industry
19
Median 3Y
22.5
Median 5Y
22.5
Industry
15.5
vs History
vs Industry
Median 3Y
-168
Median 5Y
-168
Industry
23
vs History
72
vs Industry
15
Median 3Y
6.3
Median 5Y
6.3
Industry
1.9
vs History
54
vs Industry
57
Median 3Y
1.7
Median 5Y
1.7
Industry
2.5
Forward
2.5
vs History
54
vs Industry
63
Median 3Y
2.7
Median 5Y
2.7
Industry
4.9
vs History
54
vs Industry
33
Median 3Y
9.9
Median 5Y
9.9
Industry
12.6
Forward
13.1
vs History
54
vs Industry
34
Median 3Y
12.1
Median 5Y
12.1
Industry
15.7
Forward
17.9
vs History
54
vs Industry
20
Median 3Y
22.7
Median 5Y
22.7
Industry
14
vs History
54
vs Industry
14
Median 3Y
36.5
Median 5Y
36.5
Industry
17.7
vs History
72
vs Industry
23
Median 3Y
4.1
Median 5Y
4.1
Industry
1.8

Multiples Across Competitors

EMCURE Competitors Multiples
Emcure Pharmaceuticals Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Emcure Pharmaceuticals Ltd
NSE:EMCURE
194.7B INR 1.6 19.7 9.5 11.6
US
Eli Lilly and Co
NYSE:LLY
838.1B USD 18.6 79.1 45.9 50.7
UK
Dechra Pharmaceuticals PLC
LSE:DPH
440.4B GBP 578.3 -15 783.5 3 846.3 17 702.3
US
Johnson & Johnson
NYSE:JNJ
372.1B USD 4.2 17.1 12.4 16.3
DK
Novo Nordisk A/S
CSE:NOVO B
1.8T DKK 6.2 17.7 11.7 13.4
CH
Roche Holding AG
SIX:ROG
208.3B CHF 3.4 25.2 9.5 11.1
CH
Novartis AG
SIX:NOVN
187.4B CHF 4.4 19 11.5 14.7
UK
AstraZeneca PLC
LSE:AZN
161.3B GBP 4 30.5 126.2 192.7
US
Merck & Co Inc
NYSE:MRK
209.1B USD 3.3 12 8.6 10.3
IE
Endo International PLC
LSE:0Y5F
163.5B USD 70.5 -56 261.3 655.3
FR
Sanofi SA
PAR:SAN
115.8B EUR 1.3 9.1 5 5.9
P/E Multiple
Earnings Growth PEG
IN
E
Emcure Pharmaceuticals Ltd
NSE:EMCURE
Average P/E: 25.5
19.7
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
79.1
49%
1.6
UK
Dechra Pharmaceuticals PLC
LSE:DPH
Negative Multiple: -15 783.5 N/A N/A
US
Johnson & Johnson
NYSE:JNJ
17.1
27%
0.6
DK
Novo Nordisk A/S
CSE:NOVO B
17.7
18%
1
CH
Roche Holding AG
SIX:ROG
25.2
32%
0.8
CH
Novartis AG
SIX:NOVN
19
17%
1.1
UK
AstraZeneca PLC
LSE:AZN
30.5
36%
0.8
US
Merck & Co Inc
NYSE:MRK
12
18%
0.7
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -56 N/A N/A
FR
Sanofi SA
PAR:SAN
9.1
28%
0.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
E
Emcure Pharmaceuticals Ltd
NSE:EMCURE
Average EV/EBITDA: 395.3
9.5
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
45.9
31%
1.5
UK
Dechra Pharmaceuticals PLC
LSE:DPH
3 846.3
36%
106.8
US
Johnson & Johnson
NYSE:JNJ
12.4
8%
1.6
DK
Novo Nordisk A/S
CSE:NOVO B
11.7
14%
0.8
CH
Roche Holding AG
SIX:ROG
9.5
6%
1.6
CH
Novartis AG
SIX:NOVN
11.5
5%
2.3
UK
AstraZeneca PLC
LSE:AZN
126.2
9%
14
US
Merck & Co Inc
NYSE:MRK
8.6
9%
1
IE
E
Endo International PLC
LSE:0Y5F
261.3
N/A N/A
FR
Sanofi SA
PAR:SAN
5
8%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
E
Emcure Pharmaceuticals Ltd
NSE:EMCURE
Average EV/EBIT: 1 698.6
11.6
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
50.7
33%
1.5
UK
Dechra Pharmaceuticals PLC
LSE:DPH
17 702.3
98%
180.6
US
Johnson & Johnson
NYSE:JNJ
16.3
12%
1.4
DK
Novo Nordisk A/S
CSE:NOVO B
13.4
16%
0.8
CH
Roche Holding AG
SIX:ROG
11.1
8%
1.4
CH
Novartis AG
SIX:NOVN
14.7
8%
1.8
UK
AstraZeneca PLC
LSE:AZN
192.7
21%
9.2
US
Merck & Co Inc
NYSE:MRK
10.3
12%
0.9
IE
E
Endo International PLC
LSE:0Y5F
655.3
N/A N/A
FR
Sanofi SA
PAR:SAN
5.9
14%
0.4