I

Indian Renewable Energy Development Agency Ltd
NSE:IREDA

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Indian Renewable Energy Development Agency Ltd
NSE:IREDA
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Price: 167.55 INR -4.33% Market Closed
Market Cap: 450.3B INR

Relative Value

The Relative Value of one IREDA stock under the Base Case scenario is 237.28 INR. Compared to the current market price of 167.55 INR, Indian Renewable Energy Development Agency Ltd is Undervalued by 29%.

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.

IREDA Relative Value
Base Case
237.28 INR
Undervaluation 29%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
68
vs Industry
22
Median 3Y
9.2
Median 5Y
9.2
Industry
3
Forward
15.5
vs History
68
vs Industry
16
Median 3Y
36.3
Median 5Y
36.3
Industry
14.2
Forward
21.7
vs History
vs Industry
Median 3Y
-4.3
Median 5Y
-4.3
Industry
9.4
vs History
0
vs Industry
0
Median 3Y
-49.2
Median 5Y
-49.2
Industry
12
vs History
63
vs Industry
10
Median 3Y
5.6
Median 5Y
5.6
Industry
1.2
vs History
63
vs Industry
12
Median 3Y
17.6
Median 5Y
17.6
Industry
4.6
Forward
37.5
vs History
68
vs Industry
5
Median 3Y
48.2
Median 5Y
48.2
Industry
6.9
vs History
68
vs Industry
13
Median 3Y
53
Median 5Y
53
Industry
13.6
vs History
68
vs Industry
9
Median 3Y
53.9
Median 5Y
53.9
Industry
13.9
Forward
41.8
vs History
vs Industry
Median 3Y
-8.7
Median 5Y
-8.7
Industry
11.7
vs History
vs Industry
Median 3Y
-8.7
Median 5Y
-8.7
Industry
12.8
vs History
73
vs Industry
25
Median 3Y
1.6
Median 5Y
1.6
Industry
0.9

Multiples Across Competitors

IREDA Competitors Multiples
Indian Renewable Energy Development Agency Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Indian Renewable Energy Development Agency Ltd
NSE:IREDA
450.3B INR 6.7 26.5 45.5 46.3
IN
Indian Railway Finance Corp Ltd
NSE:IRFC
1.7T INR 6.3 25.8 21.5 21.5
IN
Power Finance Corporation Ltd
NSE:PFC
1.4T INR 1.4 6.1 10.4 10.4
IN
REC Limited
NSE:RECLTD
1.1T INR 2.1 7.1 31.9 32
JP
Shinkin Central Bank
TSE:8421
1.8T JPY 6.7 73.8 1 142.5 0
JP
Mitsubishi HC Capital Inc
TSE:8593
1.4T JPY 0.7 11 15.3 47.2
CA
Element Fleet Management Corp
TSX:EFN
12.6B CAD 6 33.1 20.4 50
TW
Chailease Holding Company Ltd
TWSE:5871
191.3B TWD 1.9 8.7 12.3 15.7
IN
Housing and Urban Development Corporation Ltd
NSE:HUDCO
440.9B INR 4.6 16.4 15 15
JP
Tokyo Century Corp
TSE:8439
721.1B JPY 0.5 8.3 10.8 35.5
CN
Jiangsu Financial Leasing Co Ltd
SSE:600901
30.2B CNY 5.8 10.6 30.9 30.9