Electrosteel Castings Ltd
NSE:ELECTCAST

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Electrosteel Castings Ltd
NSE:ELECTCAST
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Price: 81.99 INR -2.18% Market Closed
Market Cap: ₹50.7B

P/FCFE

21.2
Current
269%
Cheaper
vs 3-y average of -12.6

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
21.2
=
Market Cap
₹42.5B
/
Free Cash Flow to Equity
₹2.4B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
21.2
=
Market Cap
₹42.5B
/
Free Cash Flow to Equity
₹2.4B

Valuation Scenarios

Electrosteel Castings Ltd is trading below its industry average

If P/FCFE returns to its Industry Average (109.8), the stock would be worth ₹423.5 (417% upside from current price).

Statistics
Positive Scenarios
2/2
Maximum Downside
No Downside Scenarios
Maximum Upside
+417%
Average Upside
275%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 21.2 ₹81.99
0%
Industry Average 109.8 ₹423.5
+417%
Country Average 49.7 ₹191.94
+134%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 78% of companies in India
Percentile
22st
Based on 1 683 companies
22st percentile
21.2
Low
0.6 — 27.4
Typical Range
27.4 — 92
High
92 —
Distribution Statistics
India
Min 0.6
30th Percentile 27.4
Median 49.7
70th Percentile 92
Max 57 010.1

Electrosteel Castings Ltd
Glance View

Electrosteel Castings Ltd., a stalwart in the iron and steel industry, weaves a story that traces back to its origins in 1955, when it embarked on a journey to become a leader in ductile iron pipes and fittings. Operating from its expansive manufacturing facilities in India, the company melds innovation with age-old metallurgical expertise to produce a wide array of ductile iron (DI) pipes, which serve as the lifeblood of modern water transportation infrastructure. These pipes are not mere products, but rather essential components that ensure the efficient and sustainable delivery of water – a resource fundamental to the survival and prosperity of communities across the globe. Electrosteel’s focus on high-quality manufacturing, rigorous safety standards, and environmental stewardship allows it to cater to a diverse clientele, spanning municipalities and industrial players, while also aligning with global demands for more robust water supply networks. The heart of Electrosteel’s revenue engine lies in its seamless integration from manufacturing to distribution. The company capitalizes on economies of scale through its extensive production capabilities, ensuring competitive pricing and high-quality outputs. Its vertically integrated model encompasses the entire production lifecycle – from the meticulous melting of iron ore to the sophisticated casting of products, and finally, to efficient logistics and sales. This operational efficiency not only reduces production costs but also enhances profit margins in a market-sensitive industry. Moreover, Electrosteel continues to expand its footprint beyond Indian borders, penetrating international markets such as Europe, the Middle East, and Southeast Asia. By leveraging strategic partnerships and relentless innovation, it has maintained its competitive edge, ensuring a steady stream of revenue that fuels both its growth ambitions and its commitment to delivering world-class infrastructure solutions.

ELECTCAST Intrinsic Value
66.69 INR
Overvaluation 19%
Intrinsic Value
Price ₹81.99
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