Bharat Electronics Ltd
BSE:500049

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Bharat Electronics Ltd Logo
Bharat Electronics Ltd
BSE:500049
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Price: 413.3 INR 435.02% Market Closed
Market Cap: 54 726.7T INR
Section:
 

Relative Value

The Relative Value of one BEL stock under the Base Case scenario is 424.44 INR. Compared to the current market price of 413.3 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
424.44 INR
Undervaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

12
P/S
P/S
Price to Sales
12
vs History
3
vs Industry
23
Median 3Y
8.9
Median 5Y
5.1
Industry
5.1
Forward
10.9
More Details
53.1
P/E
P/E
Price to Earnings
53.1
vs History
6
vs Industry
26
Median 3Y
42.1
Median 5Y
29.1
Industry
37
Forward
50
More Details
150.3
P/OCF
P/OCF
Price to OCF
150.3
vs History
11
vs Industry
7
Median 3Y
89.8
Median 5Y
47
Industry
22.9
More Details
314
P/FCFE
P/FCFE
Price to FCFE
314
vs History
11
vs Industry
8
Median 3Y
127.3
Median 5Y
38.6
Industry
36.9
More Details
14
P/B
P/B
Price to Book Value
14
vs History
3
vs Industry
8
Median 3Y
10.7
Median 5Y
6.5
Industry
4.8
More Details
11.7
EV/S
EV/S
Enterprise Value to Sales
11.7
vs History
3
vs Industry
21
Median 3Y
8.5
Median 5Y
4.6
Industry
5.3
Forward
10.6
More Details
23.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
23.5
vs History
3
vs Industry
29
Median 3Y
17.4
Median 5Y
10.3
Industry
15.3
More Details
39.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
39.6
vs History
7
vs Industry
22
Median 3Y
31.1
Median 5Y
19.8
Industry
21.6
Forward
37.7
More Details
42.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
42.4
vs History
7
vs Industry
25
Median 3Y
34
Median 5Y
22
Industry
29
Forward
39.9
More Details
146.2
EV/OCF
EV/OCF
Enterprise Value to OCF
146.2
vs History
11
vs Industry
8
Median 3Y
80.3
Median 5Y
44.5
Industry
23.7
More Details
301.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
301.1
vs History
9
vs Industry
3
Median 3Y
110.5
Median 5Y
35.7
Industry
30.1
More Details
9.3
EV/IC
EV/IC
Enterprise Value to IC
9.3
vs History
7
vs Industry
13
Median 3Y
7.1
Median 5Y
3.5
Industry
3.2
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 12 53.1 39.6 42.4
US
Raytheon Technologies Corp
NYSE:RTX
263.2B USD 3.1 39.9 22.8 34.3
US
RTX Corp
LSE:0R2N
256.2B USD 3 38.9 22.3 33.5
NL
Airbus SE
PAR:AIR
172.4B EUR 2.4 34 20.2 30.6
US
Boeing Co
NYSE:BA
185.9B USD 2.3 -18.3 -31.9 -24.6
FR
Safran SA
PAR:SAF
134.5B EUR 4.6 31.1 22.6 29.5
UK
Rolls-Royce Holdings PLC
LSE:RR
109.7B GBP 5.6 18.9 26 33.1
US
Lockheed Martin Corp
NYSE:LMT
129.1B USD 1.8 30.7 18.6 23.7
DE
Rheinmetall AG
XETRA:RHM
87B EUR 7.9 103.7 44.8 59.4
US
General Dynamics Corp
NYSE:GD
98.8B USD 1.9 23.4 17 19.9
US
Howmet Aerospace Inc
NYSE:HWM
90B USD 11.3 62.2 40.6 46.3
P/E Multiple
Earnings Growth PEG
IN
Bharat Electronics Ltd
BSE:500049
Average P/E: 43.6
53.1
16%
3.3
US
Raytheon Technologies Corp
NYSE:RTX
39.9
29%
1.4
US
RTX Corp
LSE:0R2N
38.9
28%
1.4
NL
Airbus SE
PAR:AIR
34
22%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -18.3 N/A N/A
FR
Safran SA
PAR:SAF
31.1
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
18.9
8%
2.4
US
Lockheed Martin Corp
NYSE:LMT
30.7
11%
2.8
DE
Rheinmetall AG
XETRA:RHM
103.7
60%
1.7
US
General Dynamics Corp
NYSE:GD
23.4
12%
2
US
Howmet Aerospace Inc
NYSE:HWM
62.2
23%
2.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Bharat Electronics Ltd
BSE:500049
Average EV/EBITDA: 27.4
39.6
16%
2.5
US
Raytheon Technologies Corp
NYSE:RTX
22.8
18%
1.3
US
RTX Corp
LSE:0R2N
22.3
18%
1.2
NL
Airbus SE
PAR:AIR
20.2
19%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -31.9 N/A N/A
FR
Safran SA
PAR:SAF
22.6
16%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
26
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
18.6
10%
1.9
DE
Rheinmetall AG
XETRA:RHM
44.8
41%
1.1
US
General Dynamics Corp
NYSE:GD
17
10%
1.7
US
Howmet Aerospace Inc
NYSE:HWM
40.6
18%
2.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Bharat Electronics Ltd
BSE:500049
Average EV/EBIT: 35.3
42.4
16%
2.7
US
Raytheon Technologies Corp
NYSE:RTX
34.3
31%
1.1
US
RTX Corp
LSE:0R2N
33.5
31%
1.1
NL
Airbus SE
PAR:AIR
30.6
26%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -24.6 N/A N/A
FR
Safran SA
PAR:SAF
29.5
20%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
33.1
21%
1.6
US
Lockheed Martin Corp
NYSE:LMT
23.7
12%
2
DE
Rheinmetall AG
XETRA:RHM
59.4
45%
1.3
US
General Dynamics Corp
NYSE:GD
19.9
11%
1.8
US
Howmet Aerospace Inc
NYSE:HWM
46.3
20%
2.3

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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