Vedanta Ltd
NSE:VEDL

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Vedanta Ltd
NSE:VEDL
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Price: 451.1 INR 1.99%
Market Cap: 1.8T INR
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Relative Value

The Relative Value of one VEDL stock under the Base Case scenario is 646.54 INR. Compared to the current market price of 451.1 INR, Vedanta Ltd is Undervalued by 30%.

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.

VEDL Relative Value
Base Case
646.54 INR
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
9
vs Industry
60
Median 3Y
0.7
Median 5Y
0.7
Industry
1.7
Forward
1.1
More Details
32.2
P/E
P/E
Price to Earnings
32.2
vs History
11
vs Industry
5
Median 3Y
10
Median 5Y
5.2
Industry
15.3
Forward
11.4
More Details
4.7
P/OCF
P/OCF
Price to OCF
4.7
vs History
9
vs Industry
25
Median 3Y
3.1
Median 5Y
2.7
Industry
9
More Details
10.2
P/FCFE
P/FCFE
Price to FCFE
10.2
vs History
9
vs Industry
17
Median 3Y
4.9
Median 5Y
5.1
Industry
15.2
More Details
5.5
P/B
P/B
Price to Book Value
5.5
vs History
9
vs Industry
10
Median 3Y
2.6
Median 5Y
1.5
Industry
1.4
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
12
vs Industry
58
Median 3Y
0.8
Median 5Y
0.7
Industry
2
Forward
1.2
More Details
1.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.9
vs History
14
vs Industry
65
Median 3Y
1.2
Median 5Y
1
Industry
7.1
More Details
4.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
4.9
vs History
12
vs Industry
24
Median 3Y
3.3
Median 5Y
2.5
Industry
9.8
Forward
4.4
More Details
6.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
6.8
vs History
14
vs Industry
20
Median 3Y
4.8
Median 5Y
3.2
Industry
12.5
Forward
5.8
More Details
5.3
EV/OCF
EV/OCF
Enterprise Value to OCF
5.3
vs History
14
vs Industry
25
Median 3Y
3.5
Median 5Y
3
Industry
10.2
More Details
10.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
10.1
vs History
17
vs Industry
16
Median 3Y
6.1
Median 5Y
4.4
Industry
13.2
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
12
vs Industry
40
Median 3Y
0.7
Median 5Y
0.6
Industry
1.3
More Details

Multiples Across Competitors

VEDL Competitors Multiples
Vedanta Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Vedanta Ltd
NSE:VEDL
1.7T INR 1.1 32.2 4.9 6.8
AU
BHP Group Ltd
ASX:BHP
195.4B AUD 2.2 15.5 4.5 5.5
AU
Rio Tinto Ltd
ASX:RIO
185.2B AUD 2.1 10.8 5.6 7.6
UK
Rio Tinto PLC
LSE:RIO
76.5B GBP 1.8 8.9 15.8 21.5
CH
Glencore PLC
LSE:GLEN
44.6B GBP 0.2 -107.1 198.9 482.2
UK
Anglo American PLC
LSE:AAL
32B GBP 1.4 -24.3 96.8 140.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
150B SAR 5.2 53.3 17 32.5
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
777.6B MXN 2.4 10.6 4.9 5.8
ZA
African Rainbow Minerals Ltd
JSE:ARI
29.8B Zac 0 0 0 0
IN
Hindustan Zinc Ltd
NSE:HINDZINC
1.9T INR 6.1 21.9 12.3 16
CA
Teck Resources Ltd
NYSE:TECK
21.2B USD 2.1 62.1 6.6 10.4
P/E Multiple
Earnings Growth PEG
IN
Vedanta Ltd
NSE:VEDL
Average P/E: 26.9
32.2
71%
0.5
AU
BHP Group Ltd
ASX:BHP
15.5
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
10.8
4%
2.7
UK
Rio Tinto PLC
LSE:RIO
8.9
3%
3
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -107.1
12%
N/A
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -24.3
139%
N/A
SA
Saudi Arabian Mining Company SJSC
SAU:1211
53.3
58%
0.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
10.6
8%
1.3
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-75%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
21.9
16%
1.4
CA
Teck Resources Ltd
NYSE:TECK
62.1
-15%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Vedanta Ltd
NSE:VEDL
Average EV/EBITDA: 36.7
4.9
16%
0.3
AU
BHP Group Ltd
ASX:BHP
4.5
-4%
N/A
AU
Rio Tinto Ltd
ASX:RIO
5.6
4%
1.4
UK
Rio Tinto PLC
LSE:RIO
15.8
3%
5.3
CH
Glencore PLC
LSE:GLEN
198.9
8%
24.9
UK
Anglo American PLC
LSE:AAL
96.8
7%
13.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
17
17%
1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
4.9
11%
0.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
278%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
12.3
14%
0.9
CA
Teck Resources Ltd
NYSE:TECK
6.6
-5%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Vedanta Ltd
NSE:VEDL
Average EV/EBIT: 72.9
6.8
21%
0.3
AU
BHP Group Ltd
ASX:BHP
5.5
-7%
N/A
AU
Rio Tinto Ltd
ASX:RIO
7.6
1%
7.6
UK
Rio Tinto PLC
LSE:RIO
21.5
1%
21.5
CH
Glencore PLC
LSE:GLEN
482.2
4%
120.6
UK
Anglo American PLC
LSE:AAL
140.8
6%
23.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
32.5
37%
0.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
5.8
11%
0.5
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
238%
N/A
IN
Hindustan Zinc Ltd
NSE:HINDZINC
16
15%
1.1
CA
Teck Resources Ltd
NYSE:TECK
10.4
-4%
N/A

See Also

Summary
VEDL intrinsic value, competitors valuation, and company profile.
DCF Valuation
VEDL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
VEDL stock valuation using valuation multiples.
Wall Street Estimates
VEDL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
VEDL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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