Hind Rectifiers Ltd banner

Hind Rectifiers Ltd
NSE:HIRECT

Watchlist Manager
Hind Rectifiers Ltd Logo
Hind Rectifiers Ltd
NSE:HIRECT
Watchlist
Price: 941.7 INR 1.83% Market Closed
Market Cap: ₹32.4B

EV/IC

8.1
Current
57%
More Expensive
vs 3-y average of 5.2

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
8.1
=
Enterprise Value
₹30.8B
/
Invested Capital
₹4B

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
8.1
=
Enterprise Value
₹30.8B
/
Invested Capital
₹4B

Valuation Scenarios

Hind Rectifiers Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (5.2), the stock would be worth ₹601.4 (36% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-72%
Maximum Upside
No Upside Scenarios
Average Downside
55%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 8.1 ₹941.7
0%
3-Year Average 5.2 ₹601.4
-36%
5-Year Average 2.9 ₹332.63
-65%
Industry Average 4.2 ₹492.04
-48%
Country Average 2.3 ₹263.92
-72%

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
Hind Rectifiers Ltd
NSE:HIRECT
32.4B INR 8.1 64.5
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 5.2 25.8
CH
Abb Ltd
SIX:ABBN
142.4B CHF 5.5 36.6
FR
Schneider Electric SE
PAR:SU
151B EUR 3.4 36.3
IE
Eaton Corporation PLC
NYSE:ETN
165.1B USD 4.8 40.4
US
Vertiv Holdings Co
NYSE:VRT
126.1B USD 14.1 80.9
US
Emerson Electric Co
NYSE:EMR
77.2B USD 2.1 33.4
KR
LG Energy Solution Ltd
KRX:373220
107.8T KRW 2 -100.4
JP
Fujikura Ltd
TSE:5803
9.6T JPY 15.4 66.8
US
AMETEK Inc
NYSE:AME
52.8B USD 3.8 34.6
FR
Legrand SA
PAR:LR
39.7B EUR 3.1 31.9
P/E Multiple
Earnings Growth PEG
IN
Hind Rectifiers Ltd
NSE:HIRECT
Average P/E: 45.1
64.5
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
25.8
22%
1.2
CH
Abb Ltd
SIX:ABBN
36.6
13%
2.8
FR
Schneider Electric SE
PAR:SU
36.3
23%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
40.4
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
80.9
43%
1.9
US
Emerson Electric Co
NYSE:EMR
33.4
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -100.4 N/A N/A
JP
Fujikura Ltd
TSE:5803
66.8
44%
1.5
US
AMETEK Inc
NYSE:AME
34.6
14%
2.5
FR
Legrand SA
PAR:LR
31.9
14%
2.3

Market Distribution

Higher than 86% of companies in India
Percentile
86th
Based on 2 828 companies
86th percentile
8.1
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

Hind Rectifiers Ltd
Glance View

Market Cap
32.4B INR
Industry
Electrical Equipment

Hind Rectifiers Ltd. engages in the development, manufacture and design of power semiconductors, power electronic equipment and railway traction equipment. The company is headquartered in Mumbai, Maharashtra and currently employs 375 full-time employees. The company equipment division offers complete solutions in design, manufacturing and services in the field of power electronic equipment for aviation, power, telecommunication and various industrial plants. Its semiconductor division includes power diodes, thyristors, power modules and special products. Its traction division manufactures inverters, converters, rectifiers and transformers. Its products include high voltage power supplies for pollution control for power plants, large current rectifiers for electrochemical industries and insulated-gate bipolar transistor (IGBT) based converter, transformers and auxiliary panels for three phase locos and specially designed auxiliary panels for Linke Hofmann Busch (LHB) coaches for railway transportation.

HIRECT Intrinsic Value
445.84 INR
Overvaluation 53%
Intrinsic Value
Price ₹941.7
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett