Astral Ltd
NSE:ASTRAL
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (7.4), the stock would be worth ₹1 718.63 (13% upside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.6 | ₹1 526.7 |
0%
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| 3-Year Average | 7.4 | ₹1 718.63 |
+13%
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| 5-Year Average | 8.2 | ₹1 890.37 |
+24%
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| Industry Average | 2.6 | ₹593.4 |
-61%
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| Country Average | 2.9 | ₹667.4 |
-56%
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Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
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₹448.4B
|
/ |
Jan 2026
₹61.6B
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= |
|
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₹448.4B
|
/ |
Mar 2026
₹65.2B
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= |
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₹448.4B
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/ |
Mar 2027
₹75.7B
|
= |
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₹448.4B
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/ |
Mar 2028
₹87.9B
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= |
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Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
|
Astral Ltd
NSE:ASTRAL
|
417.1B INR | 6.6 | 80.9 | |
| US |
F
|
Fortune Brands Home & Security Inc
LSE:0IRN
|
560.8B USD | 126.2 | 1 876.8 | |
| IE |
|
Trane Technologies PLC
NYSE:TT
|
109.1B USD | 5.2 | 37.4 | |
| IE |
|
Johnson Controls International PLC
NYSE:JCI
|
89.4B USD | 4.1 | 26.3 | |
| US |
|
Carrier Global Corp
NYSE:CARR
|
56.1B USD | 3 | 37.8 | |
| FR |
|
Compagnie de Saint Gobain SA
PAR:SGO
|
38.3B EUR | 1 | 13.3 | |
| SE |
|
Assa Abloy AB
STO:ASSA B
|
392.8B SEK | 2.9 | 26.6 | |
| JP |
|
Daikin Industries Ltd
TSE:6367
|
6.4T JPY | 1.3 | 23.5 | |
| CH |
|
Geberit AG
SIX:GEBN
|
17.4B CHF | 5.7 | 29.2 | |
| US |
|
Lennox International Inc
NYSE:LII
|
18.6B USD | 3.8 | 23.1 | |
| IE |
K
|
Kingspan Group PLC
ISEQ:KRX
|
14.3B EUR | 1.7 | 21.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.9 |
| 70th Percentile | 5 |
| Max | 55 686.2 |
Other Multiples
Astral Ltd
Glance View
In the bustling maze of India’s industrial landscape, Astral Ltd. stands out as a prodigious pioneer in the plumbing and piping niche. Originally established in 1996, it has grown from its humble beginnings into a formidable force in polymer-based piping solutions. This transformation was no mere stroke of luck; it resulted from an astute business strategy that capitalized on the increasing demand for durable and cost-effective piping systems. The company cleverly identified the potential in technological advancements, setting a benchmark with its innovative Chlorinated Polyvinyl Chloride (CPVC) products which effectively bridged a significant market gap in India. By focusing on high-quality materials and comprehensive solutions, Astral evolved as a reliable brand, providing various applications ranging from plumbing to drainage and industrial set-ups. The heart of Astral’s business model is its relentless focus on expanding its product portfolio and penetrating untapped markets. The company doesn’t just stop at producing pipes; it delves into a diversification strategy enhancing its revenue streams. Astral ventured into the adhesives sector through acquisitions, thereby expertly leveraging its strong distribution network. Furthermore, capturing both the DIY enthusiasts and large-scale industrial projects, the company's distribution prowess plays a central role in driving sales volume, ensuring its products reach an extensive consumer base. With its strategic marketing initiatives and a firm hold in the construction sector, Astral Ltd. generates substantial revenue by aligning its growth trajectory with India’s infrastructural evolution and burgeoning real estate market, thus securing its place as a household name in construction materials.