Bharat Heavy Electricals Ltd
BSE:500103
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EV/IC
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (1.6), the stock would be worth ₹246.4 (30% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.3 | ₹352.4 |
0%
|
| 3-Year Average | 1.6 | ₹246.4 |
-30%
|
| 5-Year Average | 0.9 | ₹133.15 |
-62%
|
| Industry Average | 4.2 | ₹645.8 |
+83%
|
| Country Average | 2.3 | ₹346.4 |
-2%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
|
Bharat Heavy Electricals Ltd
BSE:500103
|
1.2T INR | 2.3 | 150.4 | |
| US |
|
GE Vernova Inc
MIL:1GEV
|
249.1B EUR | 4.7 | 30.6 | |
| DE |
|
Siemens Energy AG
XETRA:ENR
|
155.1B EUR | 3.5 | 81.5 | |
| US |
|
Bloom Energy Corp
NYSE:BE
|
81.4B USD | 47.8 | -922.4 | |
| JP |
|
Mitsubishi Electric Corp
TSE:6503
|
12.4T JPY | 2 | 30.5 | |
| CN |
G
|
Goldwind Science & Technology Co Ltd
XMUN:CXGH
|
51.7B EUR | 4 | 153.8 | |
| KR |
|
Doosan Enerbility Co Ltd
KRX:034020
|
81.4T KRW | 3.9 | 960.4 | |
| CN |
|
NARI Technology Co Ltd
SSE:600406
|
208.6B CNY | 4.4 | 25.1 | |
| DK |
|
Vestas Wind Systems A/S
CSE:VWS
|
193.3B DKK | 1.4 | 31.8 | |
| KR |
|
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
|
36T KRW | 10.3 | 49.1 | |
| CN |
D
|
Dongfang Electric Corp Ltd
SSE:600875
|
134.9B CNY | 1.3 | 31.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.3 |
| Median | 2.3 |
| 70th Percentile | 4.2 |
| Max | 4 185.7 |
Other Multiples
Bharat Heavy Electricals Ltd
Glance View
In the bustling industrial heart of India, Bharat Heavy Electricals Ltd. (BHEL) stands as a monumental cornerstone of the nation's engineering prowess. Established in 1964, BHEL emerged from the governmental vision of harnessing homegrown talent and resources to power the country's burgeoning infrastructure needs. As one of India's largest engineering and manufacturing enterprises in the energy and infrastructure sectors, BHEL has spread its roots far and wide, underpinning the development of power plants, transportation systems, renewable energy projects, and industrial facilities. The company has mastered the art of producing a plethora of heavy electrical equipment, including turbines, generators, transformers, and switchgears, furnishing its expertise to both domestic and international markets. The lifeblood of BHEL’s financial sustenance flows predominantly from its comprehensive suite of services that complements its manufacturing might. This includes engineering, construction, testing, commissioning, and servicing of products and systems. BHEL crafts a robust revenue stream by engaging in large turnkey projects, supplying its technology solutions to utilities, industries, and transportation sectors. By also venturing into after-sales and maintenance services, BHEL ensures a continued engagement with its clientele post-installation, fostering long-term relationships and recurrent revenue. With a legacy of technological innovation and a strategy aligned to the nation's infrastructural upliftment, BHEL not only creates profit margins but also indelibly shapes the energy landscape of India.