Indoco Remedies Ltd
NSE:INDOCO

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Indoco Remedies Ltd
NSE:INDOCO
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Price: 237.19 INR 3.28% Market Closed
Market Cap: 21.9B INR

Relative Value

The Relative Value of one INDOCO stock under the Base Case scenario is 519.36 INR. Compared to the current market price of 237.19 INR, Indoco Remedies Ltd is Undervalued by 54%.

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.

INDOCO Relative Value
Base Case
519.36 INR
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
64
Median 3Y
1.9
Median 5Y
2.1
Industry
2.4
Forward
1.3
vs History
vs Industry
15
Median 3Y
23.8
Median 5Y
31.2
Industry
20.3
Forward
-48.4
vs History
76
vs Industry
36
Median 3Y
18.9
Median 5Y
18.9
Industry
15.6
vs History
57
vs Industry
28
Median 3Y
88.9
Median 5Y
42.7
Industry
23.1
vs History
95
vs Industry
36
Median 3Y
2.9
Median 5Y
3.1
Industry
2
vs History
95
vs Industry
58
Median 3Y
2
Median 5Y
2.2
Industry
2.5
Forward
1.5
vs History
95
vs Industry
67
Median 3Y
3
Median 5Y
3.2
Industry
4.8
vs History
26
vs Industry
20
Median 3Y
13.8
Median 5Y
15.3
Industry
12.5
Forward
18.1
vs History
4
vs Industry
5
Median 3Y
21.8
Median 5Y
22.7
Industry
15.7
Forward
25.8
vs History
76
vs Industry
33
Median 3Y
19.1
Median 5Y
19.1
Industry
14.1
vs History
vs Industry
2
Median 3Y
-11.3
Median 5Y
-11.3
Industry
17.6
vs History
95
vs Industry
48
Median 3Y
2
Median 5Y
2.1
Industry
1.8

Multiples Across Competitors

INDOCO Competitors Multiples
Indoco Remedies Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Indoco Remedies Ltd
NSE:INDOCO
21.9B INR 1.3 -205.2 17.9 68.7
US
Eli Lilly and Co
NYSE:LLY
783.5B USD 16 70.5 37.8 41.3
UK
Dechra Pharmaceuticals PLC
LSE:DPH
440.4B GBP 578.3 -15 783.5 3 846.3 17 702.3
US
Johnson & Johnson
NYSE:JNJ
373.1B USD 4.2 17.1 12.5 16.4
DK
Novo Nordisk A/S
CSE:NOVO B
2T DKK 7 20.2 13.3 15.1
CH
Roche Holding AG
SIX:ROG
216.7B CHF 3.6 26.2 9.8 11.5
CH
Novartis AG
SIX:NOVN
182.1B CHF 4.1 17.2 10.2 13.6
UK
AstraZeneca PLC
LSE:AZN
166.7B GBP 4 28.5 130.9 197.4
US
Merck & Co Inc
NYSE:MRK
209.7B USD 3.3 12 8.6 10.3
IE
Endo International PLC
LSE:0Y5F
163.5B USD 70.5 -56 261.3 655.3
FR
Sanofi SA
PAR:SAN
120.3B EUR 1.3 9.5 5.2 6.1
P/E Multiple
Earnings Growth PEG
IN
Indoco Remedies Ltd
NSE:INDOCO
Average P/E: 25.1
Negative Multiple: -205.2
14%
N/A
US
Eli Lilly and Co
NYSE:LLY
70.5
49%
1.4
UK
Dechra Pharmaceuticals PLC
LSE:DPH
Negative Multiple: -15 783.5 N/A N/A
US
Johnson & Johnson
NYSE:JNJ
17.1
27%
0.6
DK
Novo Nordisk A/S
CSE:NOVO B
20.2
18%
1.1
CH
Roche Holding AG
SIX:ROG
26.2
32%
0.8
CH
Novartis AG
SIX:NOVN
17.2
17%
1
UK
AstraZeneca PLC
LSE:AZN
28.5
36%
0.8
US
Merck & Co Inc
NYSE:MRK
12
18%
0.7
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -56 N/A N/A
FR
Sanofi SA
PAR:SAN
9.5
28%
0.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Indoco Remedies Ltd
NSE:INDOCO
Average EV/EBITDA: 395.8
17.9
11%
1.6
US
Eli Lilly and Co
NYSE:LLY
37.8
31%
1.2
UK
Dechra Pharmaceuticals PLC
LSE:DPH
3 846.3
36%
106.8
US
Johnson & Johnson
NYSE:JNJ
12.5
8%
1.6
DK
Novo Nordisk A/S
CSE:NOVO B
13.3
14%
1
CH
Roche Holding AG
SIX:ROG
9.8
6%
1.6
CH
Novartis AG
SIX:NOVN
10.2
5%
2
UK
AstraZeneca PLC
LSE:AZN
130.9
9%
14.5
US
Merck & Co Inc
NYSE:MRK
8.6
9%
1
IE
E
Endo International PLC
LSE:0Y5F
261.3
N/A N/A
FR
Sanofi SA
PAR:SAN
5.2
8%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Indoco Remedies Ltd
NSE:INDOCO
Average EV/EBIT: 1 703.5
68.7
17%
4
US
Eli Lilly and Co
NYSE:LLY
41.3
33%
1.3
UK
Dechra Pharmaceuticals PLC
LSE:DPH
17 702.3
98%
180.6
US
Johnson & Johnson
NYSE:JNJ
16.4
13%
1.3
DK
Novo Nordisk A/S
CSE:NOVO B
15.1
14%
1.1
CH
Roche Holding AG
SIX:ROG
11.5
6%
1.9
CH
Novartis AG
SIX:NOVN
13.6
10%
1.4
UK
AstraZeneca PLC
LSE:AZN
197.4
21%
9.4
US
Merck & Co Inc
NYSE:MRK
10.3
12%
0.9
IE
E
Endo International PLC
LSE:0Y5F
655.3
N/A N/A
FR
Sanofi SA
PAR:SAN
6.1
14%
0.4