Bharat Electronics Ltd
NSE:BEL

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Bharat Electronics Ltd
NSE:BEL
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Price: 410.7 INR -1.58% Market Closed
Market Cap: ₹3T

Relative Value

The Relative Value of one BEL stock under the Base Case scenario is 285.98 INR. Compared to the current market price of 410.7 INR, Bharat Electronics Ltd is Overvalued by 30%.

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
285.98 INR
Overvaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

BEL Competitors Multiples
Bharat Electronics Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Bharat Electronics Ltd
NSE:BEL
3T INR 11.9 52.7 39.3 42.1
US
RTX Corp
LSE:0R2N
262B USD 3 39.7 22.7 34.2
US
Raytheon Technologies Corp
NYSE:RTX
262.7B USD 3.1 39.9 22.8 34.3
NL
Airbus SE
PAR:AIR
160.9B EUR 2.2 31.7 18.8 28.4
US
Boeing Co
NYSE:BA
191.6B USD 2.4 -18.8 -32.8 -25.3
FR
Safran SA
PAR:SAF
128.5B EUR 4.4 29.7 21.5 28.1
UK
Rolls-Royce Holdings PLC
LSE:RR
104.6B GBP 5.4 18.3 25 31.8
US
Lockheed Martin Corp
NYSE:LMT
135.9B USD 1.9 32.4 19.5 24.8
DE
Rheinmetall AG
XETRA:RHM
84.1B EUR 7.5 98.6 42.5 56.3
US
General Dynamics Corp
NYSE:GD
98.1B USD 1.9 23.3 16.9 19.7
US
Northrop Grumman Corp
NYSE:NOC
96.1B USD 2.3 23.9 19.6 26.7
P/E Multiple
Earnings Growth PEG
IN
Bharat Electronics Ltd
NSE:BEL
Average P/E: 39
52.7
16%
3.3
US
RTX Corp
LSE:0R2N
39.7
28%
1.4
US
Raytheon Technologies Corp
NYSE:RTX
39.9
28%
1.4
NL
Airbus SE
PAR:AIR
31.7
21%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -18.8 N/A N/A
FR
Safran SA
PAR:SAF
29.7
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
18.3
8%
2.3
US
Lockheed Martin Corp
NYSE:LMT
32.4
11%
2.9
DE
Rheinmetall AG
XETRA:RHM
98.6
59%
1.7
US
General Dynamics Corp
NYSE:GD
23.3
12%
1.9
US
Northrop Grumman Corp
NYSE:NOC
23.9
3%
8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Bharat Electronics Ltd
NSE:BEL
Average EV/EBITDA: 24.8
39.3
16%
2.5
US
RTX Corp
LSE:0R2N
22.7
18%
1.3
US
Raytheon Technologies Corp
NYSE:RTX
22.8
18%
1.3
NL
Airbus SE
PAR:AIR
18.8
19%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -32.8 N/A N/A
FR
Safran SA
PAR:SAF
21.5
16%
1.3
UK
Rolls-Royce Holdings PLC
LSE:RR
25
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
19.5
10%
1.9
DE
Rheinmetall AG
XETRA:RHM
42.5
41%
1
US
General Dynamics Corp
NYSE:GD
16.9
10%
1.7
US
Northrop Grumman Corp
NYSE:NOC
19.6
6%
3.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Bharat Electronics Ltd
NSE:BEL
Average EV/EBIT: 32.6
42.1
16%
2.6
US
RTX Corp
LSE:0R2N
34.2
31%
1.1
US
Raytheon Technologies Corp
NYSE:RTX
34.3
31%
1.1
NL
Airbus SE
PAR:AIR
28.4
26%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -25.3 N/A N/A
FR
Safran SA
PAR:SAF
28.1
20%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
31.8
21%
1.5
US
Lockheed Martin Corp
NYSE:LMT
24.8
12%
2.1
DE
Rheinmetall AG
XETRA:RHM
56.3
45%
1.3
US
General Dynamics Corp
NYSE:GD
19.7
11%
1.8
US
Northrop Grumman Corp
NYSE:NOC
26.7
6%
4.4