Indigo Paints Ltd
BSE:543258

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Indigo Paints Ltd
BSE:543258
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Price: 878.95 INR -1.42% Market Closed
Market Cap: ₹41.9B

EV/OCF

18.9
Current
52%
Cheaper
vs 3-y average of 39.8

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
18.9
=
Enterprise Value
₹42.8B
/
Operating Cash Flow
₹2B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
18.9
=
Enterprise Value
₹42.8B
/
Operating Cash Flow
₹2B

Valuation Scenarios

Indigo Paints Ltd is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (39.8), the stock would be worth ₹1 850.01 (110% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+135%
Average Upside
74%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 18.9 ₹878.95
0%
3-Year Average 39.8 ₹1 850.01
+110%
5-Year Average 44.5 ₹2 067.06
+135%
Industry Average 23.7 ₹1 102.35
+25%
Country Average 23.4 ₹1 087.59
+24%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
IN
Indigo Paints Ltd
BSE:543258
41.8B INR 18.9 28.4
US
Sherwin-Williams Co
NYSE:SHW
83.6B USD 27.3 32.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
12.7T JPY 14.7 26.1
US
Ecolab Inc
NYSE:ECL
76B USD 28.1 36.6
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 7.9 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
274.4B CNY 8.7 20.8
CH
Givaudan SA
SIX:GIVN
26B CHF 19.5 24.3
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 40.7 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 39 61.8
US
PPG Industries Inc
NYSE:PPG
24.5B USD 14.9 15.6
CH
Sika AG
F:SIKA
19.9B EUR 12.6 17.5

Market Distribution

In line with most companies in India
Percentile
41th
Based on 2 183 companies
41th percentile
19.4
Low
0.1 — 14.7
Typical Range
14.7 — 39.6
High
39.6 —
Distribution Statistics
India
Min 0.1
30th Percentile 14.7
Median 23.4
70th Percentile 39.6
Max 28 676

Indigo Paints Ltd
Glance View

Indigo Paints Ltd. engages in the manufacture and sale of decorative paints. The company is headquartered in Pune, Maharashtra. The company went IPO on 2021-02-02. The firm is engaged in manufacture and sale of decorative paints and operates with its manufacturing facilities in Jodhpur (Rajasthan), Kochi (Kerala) and Pudukkottai (Tamil Nadu). Its product offerings include emulsions, enamels, wood coatings, distempers, primers, putties and cement paints. The company introduced category-creator products, including metallic emulsions, tile coat emulsions, bright ceiling coat emulsions and floor coat emulsions in the decorative paint market in India. The company offers various other types of emulsion paints, such as the dirtproof and waterproof exterior laminate, exterior and interior acrylic laminate and enamels, such as polyurethane (PU) super gloss enamel. The company also offers aluminum paints to paint surfaces of storage tanks, metal pipes, and metal roofs. The firm's products are sold under only one brand name, Indigo, and classified based on price points as platinum, gold, silver, and bronze series.

INDIGOPNTS Intrinsic Value
939.26 INR
Undervaluation 6%
Intrinsic Value
Price ₹878.95
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