Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC

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Indian Railway Catering and Tourism Corporation Ltd Logo
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
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Price: 736.75 INR -3.75% Market Closed
Market Cap: 589.4B INR

Relative Value

The Relative Value of one IRCTC stock under the Base Case scenario is 404.07 INR. Compared to the current market price of 736.75 INR, Indian Railway Catering and Tourism Corporation Ltd is Overvalued by 45%.

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.

IRCTC Relative Value
Base Case
404.07 INR
Overvaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
5
Median 3Y
15.6
Median 5Y
15.6
Industry
1.1
Forward
12.1
vs History
69
vs Industry
9
Median 3Y
55.5
Median 5Y
55.5
Industry
15.6
Forward
43.4
vs History
52
vs Industry
6
Median 3Y
84.1
Median 5Y
67.1
Industry
9
vs History
50
vs Industry
6
Median 3Y
98.2
Median 5Y
93.2
Industry
15.8
vs History
74
vs Industry
2
Median 3Y
22.3
Median 5Y
21.1
Industry
1.5
vs History
73
vs Industry
6
Median 3Y
15
Median 5Y
15
Industry
1.4
Forward
11.6
vs History
66
vs Industry
7
Median 3Y
31.2
Median 5Y
31.2
Industry
4.1
vs History
65
vs Industry
7
Median 3Y
41.6
Median 5Y
41.6
Industry
7.9
Forward
33.3
vs History
66
vs Industry
8
Median 3Y
43.2
Median 5Y
43.2
Industry
11.5
Forward
34
vs History
52
vs Industry
6
Median 3Y
81.6
Median 5Y
64.2
Industry
9.6
vs History
50
vs Industry
3
Median 3Y
90.2
Median 5Y
85.4
Industry
12.7
vs History
74
vs Industry
1
Median 3Y
25.7
Median 5Y
25.7
Industry
1.1

Multiples Across Competitors

IRCTC Competitors Multiples
Indian Railway Catering and Tourism Corporation Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
589.4B INR 12.9 47.5 36.8 38.3
US
Cintas Corp
NASDAQ:CTAS
86B USD 8.5 48.6 31.4 38
US
Copart Inc
NASDAQ:CPRT
58.4B USD 13 40.2 29.6 33.5
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
25.7B CAD 4.4 49.9 15 26.4
AU
Brambles Ltd
ASX:BXB
29B AUD 2.8 22.4 15.7 15.7
US
Aurora Innovation Inc
NASDAQ:AUR
12.3B USD 0 -16.8 -14.1 -13.7
FR
Spie SA
PAR:SPIE
7.4B EUR 0.7 26.9 9.8 16.2
FR
Elis SA
PAR:ELIS
5.4B EUR 1.2 16 5.2 13.4
US
IAA Inc
F:3NI
4.9B EUR 2.6 19 12.3 15.5
UK
HomeServe PLC
LSE:HSV
4B GBP 2.6 29.9 13.7 21.1
DK
Iss A/S
CSE:ISS
29.6B DKK 0.4 11.5 6.7 9.2
P/E Multiple
Earnings Growth PEG
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
Average P/E: 31.2
47.5
16%
3
US
Cintas Corp
NASDAQ:CTAS
48.6
12%
4
US
Copart Inc
NASDAQ:CPRT
40.2
14%
2.9
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
49.9
35%
1.4
AU
Brambles Ltd
ASX:BXB
22.4
10%
2.2
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -16.8 N/A N/A
FR
Spie SA
PAR:SPIE
26.9
26%
1
FR
Elis SA
PAR:ELIS
16
16%
1
US
I
IAA Inc
F:3NI
19
N/A N/A
UK
HomeServe PLC
LSE:HSV
29.9
22%
1.4
DK
Iss A/S
CSE:ISS
11.5
15%
0.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
Average EV/EBITDA: 17.6
36.8
15%
2.5
US
Cintas Corp
NASDAQ:CTAS
31.4
11%
2.9
US
Copart Inc
NASDAQ:CPRT
29.6
14%
2.1
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
15
3%
5
AU
Brambles Ltd
ASX:BXB
15.7
27%
0.6
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -14.1 N/A N/A
FR
Spie SA
PAR:SPIE
9.8
9%
1.1
FR
Elis SA
PAR:ELIS
5.2
6%
0.9
US
I
IAA Inc
F:3NI
12.3
N/A N/A
UK
HomeServe PLC
LSE:HSV
13.7
11%
1.2
DK
Iss A/S
CSE:ISS
6.7
7%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
Average EV/EBIT: 22.7
38.3
15%
2.6
US
Cintas Corp
NASDAQ:CTAS
38
12%
3.2
US
Copart Inc
NASDAQ:CPRT
33.5
15%
2.2
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
26.4
6%
4.4
AU
Brambles Ltd
ASX:BXB
15.7
8%
2
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -13.7 N/A N/A
FR
Spie SA
PAR:SPIE
16.2
15%
1.1
FR
Elis SA
PAR:ELIS
13.4
11%
1.2
US
I
IAA Inc
F:3NI
15.5
N/A N/A
UK
HomeServe PLC
LSE:HSV
21.1
17%
1.2
DK
Iss A/S
CSE:ISS
9.2
7%
1.3