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Dixon Technologies (India) Ltd
NSE:DIXON

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Dixon Technologies (India) Ltd
NSE:DIXON
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Price: 11 166.5 INR -1.4% Market Closed
Market Cap: ₹678.9B

EV/GP

18.3
Current
30%
Cheaper
vs 3-y average of 26.3

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
18.3
=
Enterprise Value
₹615.7B
/
Gross Profit
₹36.2B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
18.3
=
Enterprise Value
₹615.7B
/
Gross Profit
₹36.2B

Valuation Scenarios

Dixon Technologies (India) Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (26.3), the stock would be worth ₹16 000.75 (43% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-64%
Maximum Upside
+61%
Average Downside
6%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 18.3 ₹11 166.5
0%
3-Year Average 26.3 ₹16 000.75
+43%
5-Year Average 29.5 ₹17 939.86
+61%
Industry Average 6.6 ₹4 012.9
-64%
Country Average 6.5 ₹3 985.69
-64%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close

Market Distribution

Higher than 86% of companies in India
Percentile
86th
Based on 2 475 companies
86th percentile
18.3
Low
0.2 — 4.1
Typical Range
4.1 — 10.8
High
10.8 —
Distribution Statistics
India
Min 0.2
30th Percentile 4.1
Median 6.5
70th Percentile 10.8
Max 34 392.2

Dixon Technologies (India) Ltd
Glance View

Dixon Technologies (India) Ltd. has woven its success story in the expansive tapestry of the Indian electronics manufacturing sector. Born in 1993, the Noida-headquartered company quickly rose to prominence by positioning itself as a one-stop solution for original equipment manufacturers (OEMs), offering end-to-end solutions in consumer electronics, home appliances, lighting, mobile phones, and security devices. The essence of Dixon's operations lies in its role as an electronics manufacturing services (EMS) provider, which allows various global and domestic brands to leverage its manufacturing prowess. This strategic alignment helps these brands bring quality products to the market without the burden of managing intricate manufacturing processes. By handling aspects of product development, supply chain management, and after-sales services, Dixon broadens its revenue streams while enabling partners to focus on branding and marketing. At the heart of Dixon Technologies' business model is its ability to deliver scale and efficiency, a crucial edge in the low-margin, high-volume electronics manufacturing industry. The company operates through a series of integrated verticals, which allow it to meticulously manage its input costs while optimizing output quality. This vertical integration extends from component manufacturing to full assembly, giving Dixon control over cost structures and timelines. Its extensive manufacturing facilities, combined with a focus on innovation and automation, foster a competitive advantage. By continuously updating its technological offerings and expanding its portfolio across product categories, Dixon stands not just as a manufacturer but as a trusted partner that fuels the hardware aspirations of many renowned technology brands. The company's profitability fundamentally hinges on maintaining robust relationships with its clients, consistent volume growth, and operational excellence.

DIXON Intrinsic Value
11 233.68 INR
Undervaluation 1%
Intrinsic Value
Price ₹11 166.5
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