` LTO (Larsen and Toubro Ltd) vs DAX Index Comparison - Alpha Spread

LTO
vs
DAX Index

Over the past 12 months, LTO has underperformed DAX Index, delivering a return of -15% compared to the DAX Index's 29% growth.

Stocks Performance
LTO vs DAX Index

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LTO
DAX Index
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Performance Gap
LTO vs DAX Index

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LTO
DAX Index
Difference
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Performance By Year
LTO vs DAX Index

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LTO
DAX Index
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Competitors Performance
Larsen and Toubro Ltd vs Peers

Larsen and Toubro Ltd
Glance View

Economic Moat
None
Market Cap
50.1B EUR
Industry
Construction

Larsen & Toubro Ltd., often abbreviated as L&T, stands as a towering figure in the realm of engineering and construction, with its roots grounded in the tumult and opportunity of a young, independent India. Founded in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro, the company evolved from a business dealing in dairy equipment to a diversified conglomerate with a formidable global presence. Initially, L&T harnessed the post-independence infrastructure boom, capitalizing on the nascent industrialized economy. Today, it operates across a multitude of sectors, including engineering, construction, electrical and automation products, and financial services. With a reputation built on a strong ethical framework, technological prowess, and a commitment to quality, L&T engages in large-scale projects ranging from constructing complex industrial facilities to developing smart cities, and has expanded its footprint far beyond the Indian subcontinent. L&T’s business model is a sophisticated latticework of engineering expertise and strategic diversification. It thrives by delivering large-scale infrastructure projects and delivering turnkey solutions, encompassing the entire life cycle from conception and design to construction and project management. Through its construction arm, it undertakes massive civil infrastructure projects, including roads, bridges, and metros, generating significant revenue streams. Another key pillar is its focus on high-margin businesses like defense manufacturing and heavy engineering, where precision and expertise play crucial roles. Financial stability is bolstered by L&T’s Other Income section, deriving revenues through its subsidiaries, such as L&T Infotech and L&T Technology Services, which provide IT and technology-driven services across industries. Additionally, the company’s commitment to innovation and investment in research and development ensures it stays at the forefront of technological advancements, further driving its commercial success.

LTO Intrinsic Value
34.57 EUR
Overvaluation 5%
Intrinsic Value
Price
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