Marico Ltd
NSE:MARICO

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Marico Ltd
NSE:MARICO
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Price: 633.7 INR 0.21%
Market Cap: 820.3B INR

Relative Value

The Relative Value of one MARICO stock under the Base Case scenario is 352.3 INR. Compared to the current market price of 633.7 INR, Marico Ltd is Overvalued by 44%.

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.

MARICO Relative Value
Base Case
352.3 INR
Overvaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
14
vs Industry
5
Median 3Y
7
Median 5Y
6.9
Industry
0.9
Forward
7.6
vs History
47
vs Industry
8
Median 3Y
52
Median 5Y
50.8
Industry
15.7
Forward
49.8
vs History
7
vs Industry
5
Median 3Y
52.1
Median 5Y
42.6
Industry
9.7
vs History
7
vs Industry
7
Median 3Y
61.5
Median 5Y
51
Industry
17.4
vs History
41
vs Industry
1
Median 3Y
17.8
Median 5Y
16.9
Industry
1.5
vs History
14
vs Industry
5
Median 3Y
6.9
Median 5Y
6.8
Industry
1.1
Forward
7.5
vs History
44
vs Industry
12
Median 3Y
15.4
Median 5Y
14.8
Industry
4.7
vs History
31
vs Industry
6
Median 3Y
37.7
Median 5Y
36.2
Industry
9.9
Forward
36.4
vs History
33
vs Industry
8
Median 3Y
40.9
Median 5Y
39.3
Industry
12.6
Forward
39.6
vs History
7
vs Industry
6
Median 3Y
51.1
Median 5Y
42
Industry
10.8
vs History
7
vs Industry
7
Median 3Y
58.2
Median 5Y
46.2
Industry
15
vs History
58
vs Industry
2
Median 3Y
16.8
Median 5Y
16.5
Industry
1.1

Multiples Across Competitors

MARICO Competitors Multiples
Marico Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Marico Ltd
NSE:MARICO
818.7B INR 7.9 51 38.1 41.3
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
234.7B CHF 2.6 21.6 14.5 17.8
US
Mondelez International Inc
NASDAQ:MDLZ
84.3B USD 2.3 18.3 12.3 14.7
FR
Danone SA
PAR:BN
46.1B EUR 1.7 22.8 10.9 14.5
ZA
Tiger Brands Ltd
JSE:TBS
41.1B Zac 0 0 0 0
US
Kraft Heinz Co
NASDAQ:KHC
35.5B USD 1.4 12.9 8.4 9.9
US
Hershey Co
NYSE:HSY
33.3B USD 3 15 11 12.7
US
General Mills Inc
NYSE:GIS
32.2B USD 1.6 12.4 10 11.5
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
224.9B CNY 8.6 36.8 31.1 31.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
26.3B CHF 4.8 39.1 22.3 29.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Marico Ltd
NSE:MARICO
Average EV/EBITDA: 18 670.1
38.1
12%
3.2
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14.5
3%
4.8
US
Mondelez International Inc
NASDAQ:MDLZ
12.3
2%
6.2
FR
Danone SA
PAR:BN
10.9
5%
2.2
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available N/A N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.4
4%
2.1
US
Hershey Co
NYSE:HSY
11
-2%
N/A
US
General Mills Inc
NYSE:GIS
10
0%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
31.1
18%
1.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
22.3
7%
3.2