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Jayaswal Neco Industries Ltd
NSE:JAYNECOIND

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Jayaswal Neco Industries Ltd
NSE:JAYNECOIND
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Price: 97.23 INR -0.06% Market Closed
Market Cap: ₹94.4B

EV/EBIT

9.4
Current
13%
More Expensive
vs 3-y average of 8.3

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
9.4
=
Enterprise Value
₹73.9B
/
EBIT
₹9.9B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
9.4
=
Enterprise Value
₹73.9B
/
EBIT
₹9.9B

Valuation Scenarios

Jayaswal Neco Industries Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (8.3), the stock would be worth ₹86.16 (11% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-24%
Maximum Upside
+148%
Average Upside
48%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 9.4 ₹97.23
0%
3-Year Average 8.3 ₹86.16
-11%
5-Year Average 7.1 ₹73.58
-24%
Industry Average 16.7 ₹173.62
+79%
Country Average 23.3 ₹241.49
+148%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
IN
Jayaswal Neco Industries Ltd
NSE:JAYNECOIND
94.4B INR 9.4 25.3
ZA
Kumba Iron Ore Ltd
JSE:KIO
102B ZAR 3.4 7
BR
Vale SA
BOVESPA:VALE3
367B BRL 6.7 26.6
US
Nucor Corp
NYSE:NUE
49B USD 20.1 28.2
AU
Fortescue Metals Group Ltd
ASX:FMG
60.9B AUD 7.6 11.1
AU
Fortescue Ltd
XMUN:FVJ
37B EUR 7.7 11.4
LU
ArcelorMittal SA
AEX:MT
38.4B EUR 19.7 14.1
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 21.4 40.9
US
Steel Dynamics Inc
NASDAQ:STLD
32.8B USD 21 23.9
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 16.5 28.5
US
Carpenter Technology Corp
NYSE:CRS
21.3B USD 36.3 48.8

Market Distribution

Lower than 89% of companies in India
Percentile
11th
Based on 2 572 companies
11th percentile
9.4
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

Jayaswal Neco Industries Ltd
Glance View

Market Cap
94.4B INR
Industry
Metals & Mining

Jayaswal NECO Industries Ltd. engages in the manufacture of iron and steel products for water supply, drainage, and casting applications. The company is headquartered in Nagpur, Maharashtra. The Company’s segments include Steel, Iron and Steel Castings, and Other. The Steel segment is engaged in the manufacture and sale of pig iron, billets, rolled products, sponge iron, and includes its captive power plants at its unit located at Siltara, Raipur and mining activities in the state of Chhattisgarh and Maharashtra. The Iron and Steel Castings segment comprises of manufacture and sale of engineering and automotive castings with production facilities at Nagpur, Bhilai and Anjora. The Other segment comprises of trading of coal, coke, and polyvinyl chloride (PVC) pipes. The firm serves various industries, including automotive, power, railways, bearings, structural and fasteners industries, heavy engineering sector, refineries, power plants, steel plants, chemical plants and pipelines, material handling equipment manufacturers, and crane manufacturer.

JAYNECOIND Intrinsic Value
91.53 INR
Overvaluation 6%
Intrinsic Value
Price ₹97.23
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