Jindal Stainless Ltd
NSE:JSL

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Jindal Stainless Ltd
NSE:JSL
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Price: 583.75 INR 0.31% Market Closed
Market Cap: 480.7B INR

Relative Value

The Relative Value of one JSL stock under the Base Case scenario is 734.27 INR. Compared to the current market price of 583.75 INR, Jindal Stainless 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.

JSL Relative Value
Base Case
734.27 INR
Undervaluation 20%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
59
Median 3Y
0.8
Median 5Y
0.5
Industry
1.8
Forward
1.1
vs History
25
vs Industry
12
Median 3Y
12.4
Median 5Y
11
Industry
15.7
Forward
16.5
vs History
19
vs Industry
15
Median 3Y
9.2
Median 5Y
7.7
Industry
9.6
vs History
44
vs Industry
9
Median 3Y
28.4
Median 5Y
24.1
Industry
17
vs History
25
vs Industry
20
Median 3Y
2.8
Median 5Y
2.1
Industry
1.5
vs History
19
vs Industry
59
Median 3Y
0.9
Median 5Y
0.7
Industry
2.1
Forward
1.2
vs History
19
vs Industry
41
Median 3Y
4.6
Median 5Y
2.4
Industry
7.4
vs History
19
vs Industry
16
Median 3Y
8.3
Median 5Y
6.1
Industry
9.9
Forward
9.9
vs History
19
vs Industry
15
Median 3Y
10
Median 5Y
8.9
Industry
12.8
Forward
12.1
vs History
20
vs Industry
17
Median 3Y
10.8
Median 5Y
8.3
Industry
10.6
vs History
30
vs Industry
11
Median 3Y
18
Median 5Y
14.5
Industry
13.7
vs History
26
vs Industry
27
Median 3Y
2
Median 5Y
1.3
Industry
1.4

Multiples Across Competitors

JSL Competitors Multiples
Jindal Stainless Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Jindal Stainless Ltd
NSE:JSL
483.1B INR 1.2 19.9 10.9 13.6
ZA
Kumba Iron Ore Ltd
JSE:KIO
105.9B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
248.2B BRL 1.2 7.9 4.1 5.3
AU
Fortescue Ltd
XMUN:FVJ
28.9B EUR 1.9 8 5.5 5.5
AU
Fortescue Metals Group Ltd
ASX:FMG
49.3B AUD 1.9 8 5.5 5.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.6T INR 1.5 78.1 14.3 23.1
US
Nucor Corp
NYSE:NUE
29.9B USD 1 14.8 7.3 10.6
LU
ArcelorMittal SA
AEX:MT
22.8B EUR 0.4 18.4 4.2 7.4
JP
Nippon Steel Corp
TSE:5401
3.4T JPY 0.4 7.3 5.2 8.7
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR 0.9 70.4 10.1 16.8
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
163.1B CNY 0.5 17 18.2 18.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Jindal Stainless Ltd
NSE:JSL
Average EV/EBITDA: 8.5
10.9
16%
0.7
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
15%
N/A
BR
Vale SA
BOVESPA:VALE3
4.1
9%
0.5
AU
F
Fortescue Ltd
XMUN:FVJ
5.5
-8%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.5
-8%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
14.3
13%
1.1
US
Nucor Corp
NYSE:NUE
7.3
8%
0.9
LU
ArcelorMittal SA
AEX:MT
4.2
12%
0.4
JP
Nippon Steel Corp
TSE:5401
5.2
7%
0.7
IN
Tata Steel Ltd
NSE:TATASTEEL
10.1
20%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
18.2
44%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Jindal Stainless Ltd
NSE:JSL
Average EV/EBIT: 11.5
13.6
23%
0.6
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
0%
N/A
BR
Vale SA
BOVESPA:VALE3
5.3
5%
1.1
AU
F
Fortescue Ltd
XMUN:FVJ
5.5
-23%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.5
-23%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
23.1
14%
1.7
US
Nucor Corp
NYSE:NUE
10.6
13%
0.8
LU
ArcelorMittal SA
AEX:MT
7.4
13%
0.6
JP
Nippon Steel Corp
TSE:5401
8.7
N/A N/A
IN
Tata Steel Ltd
NSE:TATASTEEL
16.8
32%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
18.2
10%
1.8