Mahanagar Telephone Nigam Ltd (NSE:MTNL)

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Price: 51.26 INR -6.68%

Market Cap: 32.3B INR

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Section:

Relative Value

The Relative Value of one MTNL stock under the Base Case scenario is 43.2 INR. Compared to the current market price of 51.26 INR, Mahanagar Telephone Nigam Ltd is Overvalued by 16%.

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.

What is Relative Valuation?

How is Relative Value calculated?

MTNL Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

4.3

P/S

vs History	3
vs Industry	10

Median 5Y

1.3

Industry

1.4

More Details

Negative

P/E

vs History
vs Industry

Median 5Y

-0.5

Industry

16.9

More Details

18.8

P/OCF

vs History	15
vs Industry	4

Median 5Y

-0.4

Industry

6.5

More Details

Negative

P/FCFE

vs History
vs Industry	17

Median 5Y

-8.9

Industry

16.9

More Details

Negative

P/B

vs History
vs Industry

Median 5Y

-0.1

Industry

1.9

More Details

29.3

EV/S

vs History	1
vs Industry	4

Median 5Y

Industry

1.9

More Details

32.3

EV/GP

vs History	6
vs Industry	4

Median 5Y

19.5

Industry

More Details

Negative

EV/EBITDA

vs History
vs Industry	4

Median 5Y

-30.4

Industry

8.2

More Details

Negative

EV/EBIT

vs History
vs Industry

Median 5Y

-19

Industry

13.5

More Details

129.3

EV/OCF

vs History	20
vs Industry	1

Median 5Y

-15

Industry

8.8

More Details

252.1

EV/FCFF

vs History	20
vs Industry	0

Median 5Y

-13.9

Industry

16.1

More Details

4.8

EV/IC

vs History	3
vs Industry	7

Median 5Y

2.1

Industry

1.2

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

		Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
IN	Mahanagar Telephone Nigam Ltd NSE:MTNL	32.3B INR	4.3	-1	-61.9	-22.2
US	Verizon Communications Inc NYSE:VZ	168B USD	1.3	17.2	5.9	9.3
US	AT&T Inc NYSE:T	162.1B USD	1.3	18.3	6.4	11.5
DE	Deutsche Telekom AG XETRA:DTE	143.5B EUR	1.3	24	5.3	10.5
JP	Nippon Telegraph and Telephone Corp TSE:9432	13T JPY	1	11.2	5.1	9.4
CN	China Telecom Corp Ltd SSE:601728	548.1B CNY	1.1	16.8	12.7	12.7
SA	Saudi Telecom Company SJSC SAU:7010	189B SAR	2	11.3	7	10
SG	Singapore Telecommunications Ltd SGX:Z74	51.2B SGD	3.6	-465.9	15.8	45.3
TW	Chunghwa Telecom Co Ltd TWSE:2412	965.8B TWD	4.3	26.5	11.1	20.7
CH	Swisscom AG SIX:SCMN	26B CHF	2.4	15.4	7.1	15.1
AU	Telstra Corporation Ltd ASX:TLS	46.4B AUD	2	28.6	17.3	17.3

			Revenue Growth	P/S to Growth
IN	Mahanagar Telephone Nigam Ltd NSE:MTNL	Average P/S: 2.2 4.3	N/A	N/A
US	Verizon Communications Inc NYSE:VZ	1.3	7%	0.2
US	AT&T Inc NYSE:T	1.3	4%	0.3
DE	Deutsche Telekom AG XETRA:DTE	1.3	10%	0.1
JP	Nippon Telegraph and Telephone Corp TSE:9432	1	6%	0.2
CN	China Telecom Corp Ltd SSE:601728	1.1	15%	0.1
SA	Saudi Telecom Company SJSC SAU:7010	2	19%	0.1
SG	Singapore Telecommunications Ltd SGX:Z74	3.6	8%	0.5
TW	Chunghwa Telecom Co Ltd TWSE:2412	4.3	8%	0.6
CH	Swisscom AG SIX:SCMN	2.4	14%	0.2
AU	Telstra Corporation Ltd ASX:TLS	2	10%	0.2

			Earnings Growth	P/E to Growth
IN	Mahanagar Telephone Nigam Ltd NSE:MTNL	Average P/E: 18.8 Negative Multiple: -1	N/A	N/A
US	Verizon Communications Inc NYSE:VZ	17.2	83%	0.2
US	AT&T Inc NYSE:T	18.3	17%	1.1
DE	Deutsche Telekom AG XETRA:DTE	24	-35%	N/A
JP	Nippon Telegraph and Telephone Corp TSE:9432	11.2	1%	7.7
CN	China Telecom Corp Ltd SSE:601728	16.8	24%	0.7
SA	Saudi Telecom Company SJSC SAU:7010	11.3	18%	0.6
SG	Singapore Telecommunications Ltd SGX:Z74	Negative Multiple: -465.9	325%	N/A
TW	Chunghwa Telecom Co Ltd TWSE:2412	26.5	10%	2.5
CH	Swisscom AG SIX:SCMN	15.4	-5%	N/A
AU	Telstra Corporation Ltd ASX:TLS	28.6	63%	0.5

			EBITDA Growth	EV/EBITDA to Growth
IN	Mahanagar Telephone Nigam Ltd NSE:MTNL	Average EV/EBITDA: 9.4 Negative Multiple: -61.9	N/A	N/A
US	Verizon Communications Inc NYSE:VZ	5.9	10%	0.6
US	AT&T Inc NYSE:T	6.4	10%	0.6
DE	Deutsche Telekom AG XETRA:DTE	5.3	9%	0.6
JP	Nippon Telegraph and Telephone Corp TSE:9432	5.1	-4%	N/A
CN	China Telecom Corp Ltd SSE:601728	12.7	228%	0.1
SA	Saudi Telecom Company SJSC SAU:7010	7	17%	0.4
SG	Singapore Telecommunications Ltd SGX:Z74	15.8	16%	1
TW	Chunghwa Telecom Co Ltd TWSE:2412	11.1	5%	2
CH	Swisscom AG SIX:SCMN	7.1	16%	0.4
AU	Telstra Corporation Ltd ASX:TLS	17.3	170%	0.1

			EBIT Growth	EV/EBIT to Growth
IN	Mahanagar Telephone Nigam Ltd NSE:MTNL	Average EV/EBIT: 16.2 Negative Multiple: -22.2	N/A	N/A
US	Verizon Communications Inc NYSE:VZ	9.3	14%	0.7
US	AT&T Inc NYSE:T	11.5	11%	1
DE	Deutsche Telekom AG XETRA:DTE	10.5	34%	0.3
JP	Nippon Telegraph and Telephone Corp TSE:9432	9.4	N/A	N/A
CN	China Telecom Corp Ltd SSE:601728	12.7	19%	0.7
SA	Saudi Telecom Company SJSC SAU:7010	10	22%	0.4
SG	Singapore Telecommunications Ltd SGX:Z74	45.3	39%	1.2
TW	Chunghwa Telecom Co Ltd TWSE:2412	20.7	7%	2.9
CH	Swisscom AG SIX:SCMN	15.1	0%	N/A
AU	Telstra Corporation Ltd ASX:TLS	17.3	33%	0.5

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Mahanagar Telephone Nigam Ltd
NSE:MTNL

Relative Value

Valuation Multiples

Multiples Across Competitors

MTNL Competitors Multiples
Mahanagar Telephone Nigam Ltd Competitors

See Also

Company

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52 Week Range	31.65 97.08
Price Target

Mahanagar Telephone Nigam Ltd NSE:MTNL

Relative Value

Valuation Multiples

Multiples Across Competitors

MTNL Competitors Multiples Mahanagar Telephone Nigam Ltd Competitors

See Also

Company

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Tools

Stocks

Mahanagar Telephone Nigam Ltd
NSE:MTNL

MTNL Competitors Multiples
Mahanagar Telephone Nigam Ltd Competitors