Jindal Stainless Ltd
NSE:JSL

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Jindal Stainless Ltd
NSE:JSL
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Price: 584 INR -0.72% Market Closed
Market Cap: 480.9B INR

Relative Value

The Relative Value of one JSL stock under the Base Case scenario is 735.55 INR. Compared to the current market price of 584 INR, Jindal Stainless Ltd is Undervalued by 21%.

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.

JSL Relative Value
Base Case
735.55 INR
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
59
Median 3Y
0.9
Median 5Y
0.5
Industry
1.8
Forward
1.2
vs History
25
vs Industry
12
Median 3Y
13.2
Median 5Y
11
Industry
15.7
Forward
17.5
vs History
19
vs Industry
15
Median 3Y
10
Median 5Y
7.8
Industry
9.6
vs History
44
vs Industry
9
Median 3Y
28
Median 5Y
28
Industry
16
vs History
25
vs Industry
20
Median 3Y
3.1
Median 5Y
2.2
Industry
1.5
vs History
17
vs Industry
59
Median 3Y
1
Median 5Y
0.7
Industry
2.1
Forward
1.2
vs History
17
vs Industry
41
Median 3Y
4.8
Median 5Y
2.5
Industry
7
vs History
17
vs Industry
16
Median 3Y
8.6
Median 5Y
6.1
Industry
10.1
Forward
10.2
vs History
17
vs Industry
15
Median 3Y
10.2
Median 5Y
9.2
Industry
13
Forward
13
vs History
19
vs Industry
17
Median 3Y
11
Median 5Y
9.2
Industry
11
vs History
26
vs Industry
11
Median 3Y
18.1
Median 5Y
15.2
Industry
14.3
vs History
25
vs Industry
27
Median 3Y
2.1
Median 5Y
1.4
Industry
1.3

Multiples Across Competitors

JSL Competitors Multiples
Jindal Stainless Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Jindal Stainless Ltd
NSE:JSL
480.9B INR 1.2 19.9 10.8 13.6
ZA
Kumba Iron Ore Ltd
JSE:KIO
96.9B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
225.3B BRL 1.1 7.2 3.9 5
AU
Fortescue Metals Group Ltd
ASX:FMG
49.1B AUD 1.9 8 5.5 5.5
AU
Fortescue Ltd
XMUN:FVJ
27.9B EUR 1.9 8 5.5 5.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR 1.4 70.5 13.2 21.4
US
Nucor Corp
NYSE:NUE
26.9B USD 0.9 13.3 6.6 9.6
LU
ArcelorMittal SA
AEX:MT
22.9B EUR 0.4 19.2 4.5 7.7
JP
Nippon Steel Corp
TSE:5401
3.1T JPY 0.4 6.7 4.9 8.2
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
152.4B CNY 0.5 19.4 14.8 14.8
IN
Tata Steel Ltd
NSE:TATASTEEL
1.8T INR 0.8 65.2 9.5 15.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Jindal Stainless Ltd
NSE:JSL
Average EV/EBITDA: 7.9
10.8
17%
0.6
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
14%
N/A
BR
Vale SA
BOVESPA:VALE3
3.9
9%
0.4
AU
Fortescue Metals Group Ltd
ASX:FMG
5.5
-9%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
5.5
-9%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.2
13%
1
US
Nucor Corp
NYSE:NUE
6.6
9%
0.7
LU
ArcelorMittal SA
AEX:MT
4.5
12%
0.4
JP
Nippon Steel Corp
TSE:5401
4.9
7%
0.7
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
14.8
N/A N/A
IN
Tata Steel Ltd
NSE:TATASTEEL
9.5
20%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Jindal Stainless Ltd
NSE:JSL
Average EV/EBIT: 10.7
13.6
19%
0.7
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
3%
N/A
BR
Vale SA
BOVESPA:VALE3
5
5%
1
AU
Fortescue Metals Group Ltd
ASX:FMG
5.5
-24%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
5.5
-24%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
21.4
14%
1.5
US
Nucor Corp
NYSE:NUE
9.6
12%
0.8
LU
ArcelorMittal SA
AEX:MT
7.7
13%
0.6
JP
Nippon Steel Corp
TSE:5401
8.2
N/A N/A
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
14.8
22%
0.7
IN
Tata Steel Ltd
NSE:TATASTEEL
15.9
32%
0.5