W

Welspun Corp Ltd
NSE:WELCORP

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Welspun Corp Ltd
NSE:WELCORP
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Price: 758.5 INR 0.99%
Market Cap: 198.9B INR

Relative Value

The Relative Value of one WELCORP stock under the Base Case scenario is 944.06 INR. Compared to the current market price of 758.5 INR, Welspun Corp 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.

WELCORP Relative Value
Base Case
944.06 INR
Undervaluation 20%
Relative Value
Price
W
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
56
Median 3Y
0.9
Median 5Y
0.7
Industry
1.8
Forward
1.3
vs History
41
vs Industry
16
Median 3Y
15.5
Median 5Y
13.1
Industry
15
Forward
17.2
vs History
12
vs Industry
6
Median 3Y
11.1
Median 5Y
5.8
Industry
9.3
vs History
3
vs Industry
1
Median 3Y
-5.5
Median 5Y
10.4
Industry
15.4
vs History
6
vs Industry
18
Median 3Y
2
Median 5Y
1.3
Industry
1.5
vs History
3
vs Industry
57
Median 3Y
0.8
Median 5Y
0.7
Industry
2.1
Forward
1.3
vs History
9
vs Industry
50
Median 3Y
3.3
Median 5Y
2.6
Industry
6.9
vs History
19
vs Industry
13
Median 3Y
10.9
Median 5Y
8.8
Industry
9.7
Forward
11.9
vs History
17
vs Industry
11
Median 3Y
15.2
Median 5Y
10.1
Industry
12.6
Forward
15.1
vs History
6
vs Industry
8
Median 3Y
11.1
Median 5Y
5.8
Industry
10.6
vs History
4
vs Industry
2
Median 3Y
7.6
Median 5Y
2.8
Industry
13.6
vs History
6
vs Industry
24
Median 3Y
1.2
Median 5Y
0.8
Industry
1.3

Multiples Across Competitors

WELCORP Competitors Multiples
Welspun Corp Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Welspun Corp Ltd
NSE:WELCORP
198.9B INR 1.4 13.5 12.9 16.8
ZA
Kumba Iron Ore Ltd
JSE:KIO
96.2B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
229.1B BRL 1.1 7.3 3.8 4.9
AU
Fortescue Ltd
XMUN:FVJ
25.5B EUR 1.8 7.4 5.1 5.1
AU
Fortescue Metals Group Ltd
ASX:FMG
47B AUD 1.8 7.6 5.2 5.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.4T INR 1.4 73.4 13.6 22
US
Nucor Corp
NYSE:NUE
26.1B USD 0.8 12.9 6.4 9.4
LU
ArcelorMittal SA
AEX:MT
19.7B EUR 0.4 16.7 3.9 6.8
JP
Nippon Steel Corp
TSE:5401
3.1T JPY 0.4 6.5 4.8 8.1
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
149.1B CNY 0.4 15.7 16.7 16.7
IN
Tata Steel Ltd
NSE:TATASTEEL
1.7T INR 0.8 60.9 9 15.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
W
Welspun Corp Ltd
NSE:WELCORP
Average EV/EBITDA: 8.2
12.9
16%
0.8
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
14%
N/A
BR
Vale SA
BOVESPA:VALE3
3.8
10%
0.4
AU
F
Fortescue Ltd
XMUN:FVJ
5.1
-9%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.2
-9%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.6
13%
1
US
Nucor Corp
NYSE:NUE
6.4
9%
0.7
LU
ArcelorMittal SA
AEX:MT
3.9
12%
0.3
JP
Nippon Steel Corp
TSE:5401
4.8
7%
0.7
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.7
44%
0.4
IN
Tata Steel Ltd
NSE:TATASTEEL
9
20%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
W
Welspun Corp Ltd
NSE:WELCORP
Average EV/EBIT: 11
16.8
16%
1
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
0%
N/A
BR
Vale SA
BOVESPA:VALE3
4.9
6%
0.8
AU
F
Fortescue Ltd
XMUN:FVJ
5.1
-23%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.2
-23%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
22
14%
1.6
US
Nucor Corp
NYSE:NUE
9.4
13%
0.7
LU
ArcelorMittal SA
AEX:MT
6.8
13%
0.5
JP
Nippon Steel Corp
TSE:5401
8.1
N/A N/A
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.7
10%
1.7
IN
Tata Steel Ltd
NSE:TATASTEEL
15.1
32%
0.5