DEV Information Technology Ltd
NSE:DEVIT

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DEV Information Technology Ltd
NSE:DEVIT
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Price: 26.67 INR 3.53% Market Closed
Market Cap: ₹1.5B

EV/EBIT

-466.4
Current
1 551%
Cheaper
vs 3-y median of 32.1

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
-466.4
=
Enterprise Value
₹1.4B
/
EBIT
₹-3.4m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
-466.4
=
Enterprise Value
₹1.4B
/
EBIT
₹-3.4m

Valuation Scenarios

DEV Information Technology Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (32.1), the stock would be worth ₹-1.84 (107% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-107%
Maximum Upside
No Upside Scenarios
Average Downside
105%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple -466.4 ₹26.67
0%
3-Year Average 32.1 ₹-1.84
-107%
5-Year Average 26.3 ₹-1.5
-106%
Industry Average 19.5 ₹-1.11
-104%
Country Average 23.3 ₹-1.33
-105%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
IN
DEV Information Technology Ltd
NSE:DEVIT
1.5B INR -466.4 2.2
US
International Business Machines Corp
NYSE:IBM
225.9B USD 24.8 21.3
JP
BrainPad Inc
TSE:3655
20.9T JPY 52.7 551.4
IE
Accenture PLC
NYSE:ACN
120.8B USD 10.3 15.8
IN
Tata Consultancy Services Ltd
NSE:TCS
8.6T INR 12.6 18.1
IN
Infosys Ltd
NSE:INFY
5.2T INR 13.7 18.5
IN
HCL Technologies Ltd
NSE:HCLTECH
3.7T INR 15.4 22.4
JP
Fujitsu Ltd
TSE:6702
5.7T JPY 15.3 12.1
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 21 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY 21.1 39.1
JP
NEC Corp
TSE:6701
5.3T JPY 16.7 21.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
DEV Information Technology Ltd
NSE:DEVIT
Average EV/EBIT: 20.4
Negative Multiple: -466.4
N/A N/A
US
International Business Machines Corp
NYSE:IBM
24.8
19%
1.3
JP
BrainPad Inc
TSE:3655
52.7
N/A N/A
IE
Accenture PLC
NYSE:ACN
10.3
7%
1.5
IN
Tata Consultancy Services Ltd
NSE:TCS
12.6
7%
1.8
IN
Infosys Ltd
NSE:INFY
13.7
9%
1.5
IN
HCL Technologies Ltd
NSE:HCLTECH
15.4
9%
1.7
JP
Fujitsu Ltd
TSE:6702
15.3
N/A N/A
JP
N
NTT Data Group Corp
DUS:NT5
21
N/A N/A
JP
NTT Data Corp
TSE:9613
21.1
N/A N/A
JP
NEC Corp
TSE:6701
16.7
14%
1.2

Market Distribution

Lower than 100% of companies in India
Percentile
0th
Based on 2 572 companies
0th percentile
-466.4
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

DEV Information Technology Ltd
Glance View

Market Cap
1.5B INR
Industry
Technology

Dev Information Technology Ltd. engages in the provision of information technology solutions. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-04-17. Its products include Talligence and ByteSIGNER. Talligence is an artificial intelligence (AI) powered and machine learning-driven solution for Tally, which packs a suite of functionalities to monitor key business areas. The company drives intelligent analytics from Tally data - facilitating informed, data-driven, and fact-based decisions. ByteSIGNER provides an easy, automated, and secure way to digitally sign invoices, legal documents, tender documents, contracts, orders, vouchers, and other PDF documents. Its services include applications, automation, intelligence, digital, and IT infrastructure. The firm also offers services, such as security (hardware & software), infrastructure management and monitoring services for servers/desktops/other such devices both remote and onsite, storage, private cloud, public cloud, enterprise applications, mobility, AI, and Internet of things (IoT).

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