Hindcon Chemicals Ltd
NSE:HINDCON

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Hindcon Chemicals Ltd
NSE:HINDCON
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Price: 21.5 INR -1.38%
Market Cap: ₹1.1B

Relative Value

HINDCON doesn't have a meaningful market cap.

The Relative Value of one HINDCON stock under the Base Case scenario is 35.36 INR. Compared to the current market price of 21.5 INR, Hindcon Chemicals Ltd is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HINDCON Relative Value
Base Case
35.36 INR
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

HINDCON Competitors Multiples
Hindcon Chemicals Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Hindcon Chemicals Ltd
NSE:HINDCON
1.1B INR 1.5 20.6 15.7 18.1
US
Sherwin-Williams Co
NYSE:SHW
86.3B USD 3.7 33.5 22.4 26.4
US
Ecolab Inc
NYSE:ECL
80.2B USD 5.1 40.4 23 30.8
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.2T JPY 4 20.6 9.9 13.6
CN
Wanhua Chemical Group Co Ltd
SSE:600309
263B CNY 1.5 23.7 20.5 20.5
CH
Givaudan SA
SIX:GIVN
29.3B CHF 3.9 26.8 18.2 22.9
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.6T INR 7.5 66 40.6 50
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.3 54.8 28.9 37.9
US
PPG Industries Inc
NYSE:PPG
25.2B USD 1.8 25.3 11.4 14.1
CH
Sika AG
F:SIKA
19.9B EUR 1.3 12 8.1 10.2
US
Albemarle Corp
NYSE:ALB
22.2B USD 4.5 -119.2 34.9 1 164.1
P/E Multiple
Earnings Growth PEG
IN
Hindcon Chemicals Ltd
NSE:HINDCON
Average P/E: 32.4
20.6
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
33.5
9%
3.7
US
Ecolab Inc
NYSE:ECL
40.4
9%
4.5
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
20.6
7%
2.9
CN
Wanhua Chemical Group Co Ltd
SSE:600309
23.7
13%
1.8
CH
Givaudan SA
SIX:GIVN
26.8
6%
4.5
IN
Asian Paints Ltd
NSE:ASIANPAINT
66
16%
4.1
DK
Novozymes A/S
CSE:NZYM B
54.8
N/A N/A
US
PPG Industries Inc
NYSE:PPG
25.3
21%
1.2
CH
Sika AG
F:SIKA
12
5%
2.4
US
Albemarle Corp
NYSE:ALB
Negative Multiple: -119.2 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Hindcon Chemicals Ltd
NSE:HINDCON
Average EV/EBITDA: 21.2
15.7
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
22.4
7%
3.2
US
Ecolab Inc
NYSE:ECL
23
9%
2.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
9.9
4%
2.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
20.5
33%
0.6
CH
Givaudan SA
SIX:GIVN
18.2
5%
3.6
IN
Asian Paints Ltd
NSE:ASIANPAINT
40.6
11%
3.7
DK
Novozymes A/S
CSE:NZYM B
28.9
N/A N/A
US
PPG Industries Inc
NYSE:PPG
11.4
4%
2.9
CH
Sika AG
F:SIKA
8.1
4%
2
US
Albemarle Corp
NYSE:ALB
34.9
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Hindcon Chemicals Ltd
NSE:HINDCON
Average EV/EBIT: 128
18.1
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
26.4
8%
3.3
US
Ecolab Inc
NYSE:ECL
30.8
12%
2.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13.6
N/A N/A
CN
Wanhua Chemical Group Co Ltd
SSE:600309
20.5
8%
2.6
CH
Givaudan SA
SIX:GIVN
22.9
5%
4.6
IN
Asian Paints Ltd
NSE:ASIANPAINT
50
11%
4.5
DK
Novozymes A/S
CSE:NZYM B
37.9
N/A N/A
US
PPG Industries Inc
NYSE:PPG
14.1
5%
2.8
CH
Sika AG
F:SIKA
10.2
5%
2
US
Albemarle Corp
NYSE:ALB
1 164.1
N/A N/A