Bharat Electronics Ltd
BSE:500049

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Bharat Electronics Ltd Logo
Bharat Electronics Ltd
BSE:500049
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Price: 79.42 INR -0.08% Market Closed
Market Cap: 10 516.3T INR
Section:
 

Relative Value

The Relative Value of one BEL stock under the Base Case scenario is 82.25 INR. Compared to the current market price of 79.42 INR, Bharat Electronics Ltd is Undervalued by 3%.

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.

BEL Relative Value
Base Case
82.25 INR
Undervaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

11.9
P/S
P/S
Price to Sales
11.9
vs History
3
vs Industry
23
Median 3Y
8.9
Median 5Y
5.1
Industry
5.1
Forward
10.8
More Details
52.7
P/E
P/E
Price to Earnings
52.7
vs History
6
vs Industry
26
Median 3Y
42.1
Median 5Y
29.1
Industry
38
Forward
49.6
More Details
149.1
P/OCF
P/OCF
Price to OCF
149.1
vs History
11
vs Industry
7
Median 3Y
89.8
Median 5Y
47
Industry
24.2
More Details
311.4
P/FCFE
P/FCFE
Price to FCFE
311.4
vs History
11
vs Industry
8
Median 3Y
127.3
Median 5Y
38.6
Industry
36.6
More Details
13.9
P/B
P/B
Price to Book Value
13.9
vs History
3
vs Industry
8
Median 3Y
10.7
Median 5Y
6.5
Industry
4.8
More Details
11.6
EV/S
EV/S
Enterprise Value to Sales
11.6
vs History
3
vs Industry
21
Median 3Y
8.5
Median 5Y
4.6
Industry
5.2
Forward
10.5
More Details
23.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
23.3
vs History
3
vs Industry
29
Median 3Y
17.4
Median 5Y
10.3
Industry
15.4
More Details
39.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
39.3
vs History
7
vs Industry
22
Median 3Y
31.1
Median 5Y
19.8
Industry
22.3
Forward
37.3
More Details
42.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
42.1
vs History
7
vs Industry
25
Median 3Y
34
Median 5Y
22
Industry
30.1
Forward
39.6
More Details
145
EV/OCF
EV/OCF
Enterprise Value to OCF
145
vs History
11
vs Industry
8
Median 3Y
80.3
Median 5Y
44.5
Industry
24.9
More Details
298.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
298.5
vs History
9
vs Industry
3
Median 3Y
110.5
Median 5Y
35.7
Industry
31.2
More Details
9.2
EV/IC
EV/IC
Enterprise Value to IC
9.2
vs History
7
vs Industry
13
Median 3Y
7.1
Median 5Y
3.5
Industry
3.3
More Details

Multiples Across Competitors

BEL Competitors Multiples
Bharat Electronics 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
Bharat Electronics Ltd
BSE:500049
3T INR 11.9 52.7 39.3 42.1
US
Raytheon Technologies Corp
NYSE:RTX
270.7B USD 3.1 41.1 23.4 35.2
US
RTX Corp
LSE:0R2N
267.7B USD 3.1 40.6 23.1 34.8
NL
Airbus SE
PAR:AIR
171.6B EUR 2.4 33.9 20.1 30.4
US
Boeing Co
NYSE:BA
188.2B USD 2.3 -18.5 -32.3 -24.9
FR
Safran SA
PAR:SAF
134.4B EUR 4.6 31.1 22.5 29.4
UK
Rolls-Royce Holdings PLC
LSE:RR
108.7B GBP 5.6 18.8 25.7 32.8
US
Lockheed Martin Corp
NYSE:LMT
134B USD 1.8 31.9 19.2 24.5
DE
Rheinmetall AG
XETRA:RHM
87.3B EUR 7.9 104 44.9 59.6
US
General Dynamics Corp
NYSE:GD
99.2B USD 1.9 23.5 17 19.9
US
Northrop Grumman Corp
NYSE:NOC
95.2B USD 2.3 23.7 19.4 26.5
P/E Multiple
Earnings Growth PEG
IN
Bharat Electronics Ltd
BSE:500049
Average P/E: 40.1
52.7
16%
3.3
US
Raytheon Technologies Corp
NYSE:RTX
41.1
29%
1.4
US
RTX Corp
LSE:0R2N
40.6
28%
1.5
NL
Airbus SE
PAR:AIR
33.9
22%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -18.5 N/A N/A
FR
Safran SA
PAR:SAF
31.1
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
18.8
8%
2.3
US
Lockheed Martin Corp
NYSE:LMT
31.9
11%
2.9
DE
Rheinmetall AG
XETRA:RHM
104
60%
1.7
US
General Dynamics Corp
NYSE:GD
23.5
12%
2
US
Northrop Grumman Corp
NYSE:NOC
23.7
3%
7.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Bharat Electronics Ltd
BSE:500049
Average EV/EBITDA: 25.5
39.3
16%
2.5
US
Raytheon Technologies Corp
NYSE:RTX
23.4
18%
1.3
US
RTX Corp
LSE:0R2N
23.1
18%
1.3
NL
Airbus SE
PAR:AIR
20.1
19%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -32.3 N/A N/A
FR
Safran SA
PAR:SAF
22.5
16%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
25.7
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
19.2
10%
1.9
DE
Rheinmetall AG
XETRA:RHM
44.9
41%
1.1
US
General Dynamics Corp
NYSE:GD
17
10%
1.7
US
Northrop Grumman Corp
NYSE:NOC
19.4
6%
3.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Bharat Electronics Ltd
BSE:500049
Average EV/EBIT: 33.5
42.1
16%
2.6
US
Raytheon Technologies Corp
NYSE:RTX
35.2
31%
1.1
US
RTX Corp
LSE:0R2N
34.8
31%
1.1
NL
Airbus SE
PAR:AIR
30.4
26%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -24.9 N/A N/A
FR
Safran SA
PAR:SAF
29.4
20%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
32.8
21%
1.6
US
Lockheed Martin Corp
NYSE:LMT
24.5
12%
2
DE
Rheinmetall AG
XETRA:RHM
59.6
45%
1.3
US
General Dynamics Corp
NYSE:GD
19.9
11%
1.8
US
Northrop Grumman Corp
NYSE:NOC
26.5
7%
3.8

See Also

Summary
BEL intrinsic value, competitors valuation, and company profile.
DCF Valuation
BEL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BEL stock valuation using valuation multiples.
Wall Street Estimates
BEL 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
BEL 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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