DEV Information Technology Ltd
NSE:DEVIT

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DEV Information Technology Ltd
NSE:DEVIT
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Price: 26 INR -0.69% Market Closed
Market Cap: ₹1.5B

EV/EBITDA

56.5
Current
98%
More Expensive
vs 3-y median of 28.5

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

EV/EBITDA
56.5
=
Enterprise Value
₹1.4B
/
EBITDA
₹27.1m

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

EV/EBITDA
56.5
=
Enterprise Value
₹1.4B
/
EBITDA
₹27.1m

Valuation Scenarios

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

If EV/EBITDA returns to its 3-Year Average (28.5), the stock would be worth ₹13.1 (50% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
62%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 56.5 ₹26
0%
3-Year Average 28.5 ₹13.1
-50%
5-Year Average 22.4 ₹10.32
-60%
Industry Average 16.6 ₹7.64
-71%
Country Average 17.7 ₹8.12
-69%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
IN
DEV Information Technology Ltd
NSE:DEVIT
1.5B INR 56.5 2.2
US
International Business Machines Corp
NYSE:IBM
237.3B USD 17.9 22.9
IE
Accenture PLC
NYSE:ACN
132.1B USD 9.6 17.7
IN
Tata Consultancy Services Ltd
NSE:TCS
9.3T INR 12.5 19.3
IN
Infosys Ltd
NSE:INFY
5.3T INR 12.4 19
JP
Fujitsu Ltd
TSE:6702
6.5T JPY 12.5 13.6
IN
HCL Technologies Ltd
NSE:HCLTECH
3.7T INR 12.9 22.2
JP
NEC Corp
TSE:6701
5.9T JPY 12.4 24.1
JP
NTT Data Corp
TSE:9613
5.6T JPY 9.9 39.1
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 9.9 38.8
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
31.5B USD 7.8 14.2

Market Distribution

Higher than 88% of companies in India
Percentile
88th
Based on 2 785 companies
88th percentile
56.5
Low
0.4 — 11.9
Typical Range
11.9 — 27.8
High
27.8 —
Distribution Statistics
India
Min 0.4
30th Percentile 11.9
Median 17.7
70th Percentile 27.8
Max 47 834.4

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).

DEVIT Intrinsic Value
42.6 INR
Undervaluation 39%
Intrinsic Value
Price
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