DEV Information Technology Ltd
NSE:DEVIT
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DEV Information Technology Ltd
NSE:DEVIT
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IN |
Intrinsic Value
The intrinsic value of
DEV Information Technology Ltd (DEVIT) under the Base Case is 35.98 INR per share.
Compared with the current market price of 19.45 INR, the stock appears
Undervalued by 46% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What DEV Information Technology Does
DEV Information Technology Ltd is an Indian information technology services company that builds and supports business software and digital systems for public and private organizations. It helps customers design websites and portals, develop custom applications, manage IT infrastructure, and handle cloud, cybersecurity, and data-related work. The company also sells packaged software and related implementation services in areas such as enterprise resource planning and e-governance.
- Headquarters
- India IN
- IPO date
- Apr 17, 2017
Earnings Waterfall
DEV Information Technology Ltd
The intrinsic value for
DEV Information Technology Ltd (DEVIT) under the Base Case is 35.98 INR.
Compared with the current market price of 19.45 INR, the stock appears Undervalued by 46% .