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Hi-Tech Pipes Ltd
NSE:HITECH

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Hi-Tech Pipes Ltd
NSE:HITECH
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Price: 91.84 INR 6.9% Market Closed
Market Cap: ₹18.6B

P/OCF

63.8
Current
440%
More Expensive
vs 3-y average of 11.8

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
63.8
=
Market Cap
₹17.9B
/
Operating Cash Flow
₹292.3m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
63.8
=
Market Cap
₹17.9B
/
Operating Cash Flow
₹292.3m

Valuation Scenarios

Hi-Tech Pipes Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (11.8), the stock would be worth ₹17.02 (81% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-87%
Maximum Upside
No Upside Scenarios
Average Downside
76%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 63.8 ₹91.84
0%
3-Year Average 11.8 ₹17.02
-81%
5-Year Average 8.2 ₹11.86
-87%
Industry Average 17.6 ₹25.31
-72%
Country Average 23 ₹33.04
-64%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
IN
Hi-Tech Pipes Ltd
NSE:HITECH
17.4B INR 63.8 24.5
ZA
Kumba Iron Ore Ltd
JSE:KIO
103.3B ZAR 3.8 7.1
BR
Vale SA
BOVESPA:VALE3
378.8B BRL 7.8 27.5
US
Nucor Corp
NYSE:NUE
47.6B USD 14.7 27.4
LU
ArcelorMittal SA
AEX:MT
39.8B EUR 9.5 14.5
AU
Fortescue Metals Group Ltd
ASX:FMG
65.2B AUD 6.1 11.9
AU
Fortescue Ltd
XMUN:FVJ
39.5B EUR 6.3 12.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 10.9 41.1
US
Steel Dynamics Inc
NASDAQ:STLD
32.2B USD 22.2 27.1
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 8.7 29
US
Carpenter Technology Corp
NYSE:CRS
21.9B USD 43.3 50.1

Market Distribution

Higher than 85% of companies in India
Percentile
85th
Based on 2 204 companies
85th percentile
63.8
Low
0.5 — 14
Typical Range
14 — 39.7
High
39.7 —
Distribution Statistics
India
Min 0.5
30th Percentile 14
Median 23
70th Percentile 39.7
Max 28 676

Hi-Tech Pipes Ltd
Glance View

Market Cap
18.6B INR
Industry
Metals & Mining

Hi-Tech Pipes Ltd. engages in the manufacture of steel tubes & pipes. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-02-25. The firm's products are used in a range of industries such as infrastructure, telecom, defense, power distribution, railways, airport, real estate, automobile and agriculture among others. The company operates under the manufacturing of Steel Tubes & Pipes. he Company's products include black steel tubes, rectangular & hollow section, galvanized steel tubes, metal beam highway crash barrier, cold rolling coils, organic Gi pipes, Jalshakti Gi pipes, and others. The firm has its five manufacturing facilities spread across four states, namely Uttar Pradesh, Gujarat, Andhra Pradesh and Maharashtra. The company has an installed capacity of 80000 million tons per annum.

HITECH Intrinsic Value
147.1 INR
Undervaluation 38%
Intrinsic Value
Price ₹91.84
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