I

Indian Renewable Energy Development Agency Ltd
NSE:IREDA

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Indian Renewable Energy Development Agency Ltd
NSE:IREDA
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Price: 156.48 INR -1.45% Market Closed
Market Cap: 420.6B INR

Relative Value

The Relative Value of one IREDA stock under the Base Case scenario is 234.72 INR. Compared to the current market price of 156.48 INR, Indian Renewable Energy Development Agency Ltd is Undervalued by 33%.

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.

IREDA Relative Value
Base Case
234.72 INR
Undervaluation 33%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
22
Median 3Y
8.8
Median 5Y
8.8
Industry
3.1
Forward
14.4
vs History
80
vs Industry
16
Median 3Y
35.2
Median 5Y
35.2
Industry
14.5
Forward
20.3
vs History
vs Industry
Median 3Y
-4.1
Median 5Y
-4.1
Industry
9.8
vs History
9
vs Industry
0
Median 3Y
-49.2
Median 5Y
-49.2
Industry
12.1
vs History
80
vs Industry
10
Median 3Y
5.6
Median 5Y
5.6
Industry
1.2
vs History
75
vs Industry
12
Median 3Y
17.5
Median 5Y
17.5
Industry
4.7
Forward
36.5
vs History
75
vs Industry
5
Median 3Y
46.7
Median 5Y
46.7
Industry
6.9
vs History
80
vs Industry
13
Median 3Y
51.8
Median 5Y
51.8
Industry
13.6
vs History
80
vs Industry
9
Median 3Y
52.2
Median 5Y
52.2
Industry
13.9
Forward
40.6
vs History
vs Industry
Median 3Y
-8.3
Median 5Y
-8.3
Industry
12
vs History
vs Industry
Median 3Y
-8.3
Median 5Y
-8.3
Industry
13.1
vs History
80
vs Industry
25
Median 3Y
1.6
Median 5Y
1.6
Industry
0.9

Multiples Across Competitors

IREDA Competitors Multiples
Indian Renewable Energy Development Agency Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Indian Renewable Energy Development Agency Ltd
NSE:IREDA
420.6B INR 6.2 24.8 44.3 45
IN
Indian Railway Finance Corp Ltd
NSE:IRFC
1.5T INR 5.7 23.3 20.9 20.9
IN
Power Finance Corporation Ltd
NSE:PFC
1.3T INR 1.3 5.7 10.3 10.3
JP
Shinkin Central Bank
TSE:8421
1.8T JPY 6.7 74.3 1 143.7 0
IN
REC Limited
NSE:RECLTD
1T INR 1.9 6.5 31.4 31.4
JP
Mitsubishi HC Capital Inc
TSE:8593
1.4T JPY 0.7 11.1 15.3 47.3
CA
Element Fleet Management Corp
TSX:EFN
12.6B CAD 6 32.2 20.5 49.3
TW
Chailease Holding Company Ltd
TWSE:5871
202.2B TWD 2 9.2 12.5 16.1
JP
Tokyo Century Corp
TSE:8439
762.6B JPY 0.6 8.8 10.9 35.9
IN
Housing and Urban Development Corporation Ltd
NSE:HUDCO
417.3B INR 4.4 15.6 14.7 14.7
CN
Jiangsu Financial Leasing Co Ltd
SSE:600901
31.9B CNY 5.6 10.6 28.2 28.2