IPCA Laboratories Ltd
NSE:IPCALAB

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IPCA Laboratories Ltd
NSE:IPCALAB
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Price: 1 419 INR -1.85% Market Closed
Market Cap: 360B INR

Relative Value

The Relative Value of one IPCALAB stock under the Base Case scenario is 1 771.49 INR. Compared to the current market price of 1 419 INR, IPCA Laboratories Ltd is Undervalued by 20%.

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.

IPCALAB Relative Value
Base Case
1 771.49 INR
Undervaluation 20%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
50
vs Industry
30
Median 3Y
4
Median 5Y
4.2
Industry
2.4
Forward
4
vs History
20
vs Industry
8
Median 3Y
47.1
Median 5Y
35.8
Industry
20.6
Forward
38.8
vs History
76
vs Industry
16
Median 3Y
28.5
Median 5Y
28.5
Industry
15.5
vs History
6
vs Industry
0
Median 3Y
33.6
Median 5Y
48.4
Industry
23
vs History
30
vs Industry
13
Median 3Y
4.6
Median 5Y
5
Industry
1.9
vs History
50
vs Industry
29
Median 3Y
3.9
Median 5Y
4.2
Industry
2.5
Forward
3.9
vs History
60
vs Industry
34
Median 3Y
5.9
Median 5Y
6.4
Industry
4.9
vs History
28
vs Industry
17
Median 3Y
21.3
Median 5Y
20.4
Industry
12.6
Forward
20.4
vs History
31
vs Industry
16
Median 3Y
28.7
Median 5Y
25.8
Industry
15.7
Forward
26.4
vs History
71
vs Industry
17
Median 3Y
27.8
Median 5Y
27.8
Industry
14
vs History
74
vs Industry
13
Median 3Y
58.4
Median 5Y
57.7
Industry
17.7
vs History
57
vs Industry
20
Median 3Y
3.6
Median 5Y
3.9
Industry
1.8

Multiples Across Competitors

IPCALAB Competitors Multiples
IPCA Laboratories Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
IPCA Laboratories Ltd
NSE:IPCALAB
360B INR 4.1 49.4 21.4 28.2
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
IPCA Laboratories Ltd
NSE:IPCALAB
Average P/E: 28.8
49.4
40%
1.2
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
IPCA Laboratories Ltd
NSE:IPCALAB
Average EV/EBITDA: 396.3
21.4
26%
0.8
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
IPCA Laboratories Ltd
NSE:IPCALAB
Average EV/EBIT: 1 700.1
28.2
31%
0.9
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