Elecon Engineering Company Ltd
NSE:ELECON
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EV/EBITDA
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.
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.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (21.1), the stock would be worth ₹528.24 (2% upside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 20.6 | ₹516.9 |
0%
|
| 3-Year Average | 21.1 | ₹528.24 |
+2%
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| 5-Year Average | 15 | ₹374.48 |
-28%
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| Industry Average | 29.9 | ₹748.96 |
+45%
|
| Country Average | 17.7 | ₹442.23 |
-14%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
₹84.8B
|
/ |
Apr 2026
₹5.2B
|
= |
|
|
₹84.8B
|
/ |
Mar 2027
₹6.9B
|
= |
|
|
₹84.8B
|
/ |
Mar 2028
₹8.4B
|
= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
|
Elecon Engineering Company Ltd
NSE:ELECON
|
106.1B INR | 20.6 | 33.5 | |
| US |
|
GE Vernova Inc
MIL:1GEV
|
258.4B EUR | 131.8 | 62.3 | |
| DE |
|
Siemens Energy AG
XETRA:ENR
|
153.2B EUR | 36.5 | 80.6 | |
| JP |
|
Mitsubishi Electric Corp
TSE:6503
|
12.1T JPY | 18.9 | 32.5 | |
| US |
|
Bloom Energy Corp
NYSE:BE
|
64.3B USD | 476.4 | -729.4 | |
| CN |
G
|
Goldwind Science & Technology Co Ltd
XMUN:CXGH
|
47.8B EUR | 100 | 142.2 | |
| KR |
|
Doosan Enerbility Co Ltd
KRX:034020
|
74.2T KRW | 57.7 | 875.7 | |
| CN |
|
NARI Technology Co Ltd
SSE:600406
|
216.9B CNY | 22.5 | 27.1 | |
| DK |
|
Vestas Wind Systems A/S
CSE:VWS
|
191.2B DKK | 11.1 | 32.3 | |
| KR |
|
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
|
36T KRW | 32.9 | 49.1 | |
| CN |
D
|
Dongfang Electric Corp Ltd
SSE:600875
|
146B CNY | 33.6 | 38.1 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 11.9 |
| Median | 17.7 |
| 70th Percentile | 27.8 |
| Max | 47 834.4 |
Other Multiples
Elecon Engineering Company Ltd
Glance View
Elecon Engineering Company Ltd. traces its origins to a post-independence India longing for industrial prowess. Founded in 1951, the company initially embarked on a journey into manufacturing cutting-edge transmission equipment. Over the years, Elecon evolved into a powerhouse of mechanical engineering, gradually expanding its horizons into material handling, elevators, and escalators. The heartbeat of Elecon's operations pulsates in the intricately designed gearboxes and material handling solutions that form its core offerings. With a solid grounding in engineering excellence, it forges complex machinery that channels raw materials and goods within industries, crucial for sectors spanning from steel to cement and fertilizers to power generation. Elecon's profitability stems from its expertise in engineering and precision manufacturing, thriving on projects that require substantial customization and innovation. It has carved a niche in crafting tailored solutions, thus commanding a loyal clientele who seek bespoke machinery to drive their operations. Through a meticulous design and manufacturing process, Elecon ensures that each product not only meets but often exceeds the high standards of durability and efficiency demanded by its clients. By delivering value through these bespoke systems and maintaining a robust after-sales service network, Elecon solidifies its revenue stream, positioning itself as a vital cog in the industrial supply chain. Pursuing geographical expansion and continuous technological upgrades, the company stays aligned with the evolving landscape of industrial mechanics and logistics, ensuring sustained growth and resilience in a competitive market.