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Happy Forgings Ltd
NSE:HAPPYFORGE

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Happy Forgings Ltd
NSE:HAPPYFORGE
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Price: 1 311 INR 0.75% Market Closed
Market Cap: ₹123.7B

EV/GP

14.1
Current
22%
More Expensive
vs 3-y average of 11.5

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
14.1
=
Enterprise Value
₹123.6B
/
Gross Profit
₹8.7B

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
14.1
=
Enterprise Value
₹123.6B
/
Gross Profit
₹8.7B

Valuation Scenarios

Happy Forgings Ltd is trading above its 3-year average

If EV/GP returns to its 3-Year Average (11.5), the stock would be worth ₹1 074.49 (18% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-53%
Maximum Upside
No Upside Scenarios
Average Downside
33%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 14.1 ₹1 311
0%
3-Year Average 11.5 ₹1 074.49
-18%
5-Year Average 11.5 ₹1 074.49
-18%
Industry Average 8 ₹742.66
-43%
Country Average 6.5 ₹610.53
-53%

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
P/E Multiple
Earnings Growth PEG
IN
H
Happy Forgings Ltd
NSE:HAPPYFORGE
Average P/E: 8 464.5
43.3
17%
2.5
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.3
1%
10.3
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 074.9
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Coupang Inc
F:788
173.5
96%
1.8
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 268.5 N/A N/A
US
Q
Qnity Electronics Inc
NYSE:Q
Not Available
15%
N/A

Market Distribution

Higher than 79% of companies in India
Percentile
79th
Based on 2 475 companies
79th percentile
14.1
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

Happy Forgings Ltd
Glance View

Market Cap
123.7B INR
Industry
N/A

In the bustling industrial town of Ludhiana, India, Happy Forgings Ltd. emerges as a key player in the world of crafting precision-engineered forged components. Since its inception, the company has honed the art of transforming raw materials into intricate parts used in various applications, from automotive to industrial machinery. By employing advanced forging techniques, Happy Forgings adds value to steel and other metals, leveraging heat and pressure to shape them into components that meet the rigorous standards of its clients. This blend of tradition and cutting-edge technology allows the company to maintain a strong foothold in a competitive market, where quality and precision are paramount. The lifeblood of Happy Forgings’ business model flows through its diverse product portfolio, catering to both domestic and international markets. With a keen focus on innovation and efficiency, the company has ingrained quality control and process optimization into its operations, ensuring that each component it produces is synonymous with reliability. This commitment to quality not only reinforces longstanding relationships with its clientele but also opens doors to new market opportunities across the globe. As a result, Happy Forgings generates revenue through the strategic sale of these highly engineered components, which are essential to various high-stakes industries, supporting its growth trajectory and solidifying its reputation as a trusted supplier in the global forging landscape.

HAPPYFORGE Intrinsic Value
622.44 INR
Overvaluation 53%
Intrinsic Value
Price ₹1 311
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