PATELENG Relative Valuation - Patel Engineering Ltd - Alpha Spread

Patel Engineering Ltd
NSE:PATELENG

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Patel Engineering Ltd
NSE:PATELENG
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Price: 58.76 INR 2.17% Market Closed
Market Cap: 49.6B INR
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Relative Value

The Relative Value of one PATELENG stock under the Base Case scenario is 56.64 INR. Compared to the current market price of 58.76 INR, Patel Engineering Ltd is Overvalued by 4%.

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.

PATELENG Relative Value
Base Case
56.64 INR
Overvaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
11
vs Industry
38
Median 3Y
0.5
Median 5Y
0.4
Industry
0.8
Forward
0.9
vs History
28
vs Industry
33
Median 3Y
12.3
Median 5Y
9.2
Industry
15.4
Forward
16.3
vs History
9
vs Industry
39
Median 3Y
3
Median 5Y
2.4
Industry
8.6
vs History
15
vs Industry
17
Median 3Y
9.7
Median 5Y
6.2
Industry
13.5
vs History
11
vs Industry
34
Median 3Y
0.6
Median 5Y
0.5
Industry
1.2
vs History
61
vs Industry
43
Median 3Y
0.9
Median 5Y
1.2
Industry
1
Forward
0.8
vs History
66
vs Industry
54
Median 3Y
3.3
Median 5Y
4.4
Industry
5.2
vs History
63
vs Industry
49
Median 3Y
6.2
Median 5Y
8.6
Industry
9.5
Forward
5.8
vs History
63
vs Industry
49
Median 3Y
7.2
Median 5Y
10.1
Industry
12.1
Forward
5.7
vs History
47
vs Industry
42
Median 3Y
6
Median 5Y
6.3
Industry
10
vs History
44
vs Industry
35
Median 3Y
8.1
Median 5Y
8
Industry
12.7
vs History
9
vs Industry
51
Median 3Y
0.5
Median 5Y
0.4
Industry
0.8

Multiples Across Competitors

PATELENG Competitors Multiples
Patel Engineering Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Patel Engineering Ltd
NSE:PATELENG
45.5B INR 1 15.1 6.4 7.4
FR
Vinci SA
PAR:DG
62.8B EUR 0.9 13.6 6.7 9.9
IN
Larsen & Toubro Ltd
NSE:LT
5.2T INR 2.3 39.1 22.9 27.1
IN
Larsen and Toubro Ltd
F:LTO
53.3B EUR 2.2 37.2 21.9 25.9
JP
Meldia Development & Construction CO LTD
TSE:1739
6.1T JPY 155.9 4 601.9 2 363.5 2 501
US
Quanta Services Inc
NYSE:PWR
42.4B USD 1.9 53.6 25.1 39.2
NL
Ferrovial SE
AEX:FER
28.8B EUR 3.3 38.1 30.5 47
ES
Ferrovial SA
MAD:FER
27.6B EUR 3.1 36.6 29.6 45.5
CN
China State Construction Engineering Corp Ltd
SSE:601668
204.4B CNY 0.1 3.8 6.6 6.6
CA
WSP Global Inc
TSX:WSP
29.3B CAD 2 49 16 25.1
US
EMCOR Group Inc
NYSE:EME
20.3B USD 1.5 24.6 15.7 17.5

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