Happiest Minds Technologies Ltd
NSE:HAPPSTMNDS

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Happiest Minds Technologies Ltd
NSE:HAPPSTMNDS
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Price: 373.1 INR 0.47% Market Closed
Market Cap: ₹56.1B

EV/IC

2.6
Current
80%
Cheaper
vs 3-y average of 13.4

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.6
=
Enterprise Value
₹42.1B
/
Invested Capital
₹16.8B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.6
=
Enterprise Value
₹42.1B
/
Invested Capital
₹16.8B

Valuation Scenarios

Happiest Minds Technologies Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (13.4), the stock would be worth ₹1 905.29 (411% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-13%
Maximum Upside
+515%
Average Upside
245%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2.6 ₹373.1
0%
3-Year Average 13.4 ₹1 905.29
+411%
5-Year Average 16.1 ₹2 293.87
+515%
Industry Average 4.4 ₹625.99
+68%
Country Average 2.3 ₹323.11
-13%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
IN
Happiest Minds Technologies Ltd
NSE:HAPPSTMNDS
56B INR 2.6 30.2
US
International Business Machines Corp
NYSE:IBM
217.8B USD 1.9 20.3
JP
BrainPad Inc
TSE:3655
20.9T JPY 12 551.4
IE
Accenture PLC
NYSE:ACN
110.6B USD 1.9 14.5
IN
Tata Consultancy Services Ltd
NSE:TCS
9T INR 7.9 18.6
IN
Infosys Ltd
NSE:INFY
4.8T INR 4.1 17.3
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 1.1 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY 1.1 39.1
IN
HCL Technologies Ltd
NSE:HCLTECH
3.3T INR 3.7 20
JP
Fujitsu Ltd
TSE:6702
5.4T JPY 2 11.4
JP
NEC Corp
TSE:6701
5.4T JPY 1.6 21.9

Market Distribution

In line with most companies in India
Percentile
55th
Based on 2 828 companies
55th percentile
2.6
Low
0 — 1.3
Typical Range
1.3 — 4.2
High
4.2 —
Distribution Statistics
India
Min 0
30th Percentile 1.3
Median 2.3
70th Percentile 4.2
Max 4 185.7

Happiest Minds Technologies Ltd
Glance View

Happiest Minds Technologies Ltd., founded in 2011 by Ashok Soota, emerged from the bustling tech hub of Bangalore, India, with a vision to blend technological prowess and innovation seamlessly. It has since carved a niche for itself by delivering IT services and solutions that are critical in the digital transformation landscape. The company primarily focuses on three main areas: digital business services, product engineering services, and infrastructure and security services. These services encompass a range of domain-specific solutions, such as cloud computing, analytics, artificial intelligence, and the Internet of Things (IoT), enabling businesses to modernize their operations and enhance customer engagement in a rapidly evolving digital world. The company’s business model is intricately designed to leverage its domain expertise across various industries, including retail, education, and banking, amongst others. Happiest Minds positions itself as a partner in transformation, facilitating businesses to maximize their ROI from digital investments. This is achieved by providing customized solutions that are not only cost-effective but also aligned with the latest technological advancements. The firm earns its revenue through long-term partnerships and subscription-based models, which offer both predictable income streams and the flexibility needed to accommodate the fast-paced changes typical of the tech sector. As such, Happiest Minds generates value by helping organizations stay ahead in the digital race, fostering a symbiotic relationship that drives continuous growth for its clients and itself.

HAPPSTMNDS Intrinsic Value
548.45 INR
Undervaluation 32%
Intrinsic Value
Price ₹373.1
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