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Jindal Stainless Ltd
NSE:JSL

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Jindal Stainless Ltd
NSE:JSL
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Price: 768.45 INR -0.95% Market Closed
Market Cap: ₹633B

EV/OCF

13.7
Current
12%
More Expensive
vs 3-y average of 12.3

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.7
=
Enterprise Value
₹675.3B
/
Operating Cash Flow
₹47B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.7
=
Enterprise Value
₹675.3B
/
Operating Cash Flow
₹47B

Valuation Scenarios

Jindal Stainless Ltd is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (12.3), the stock would be worth ₹687.08 (11% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-24%
Maximum Upside
+70%
Average Upside
16%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 13.7 ₹768.45
0%
3-Year Average 12.3 ₹687.08
-11%
5-Year Average 10.5 ₹586.78
-24%
Industry Average 17.6 ₹984.51
+28%
Country Average 23.4 ₹1 309.51
+70%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
IN
Jindal Stainless Ltd
NSE:JSL
639B INR 13.7 21.3
ZA
Kumba Iron Ore Ltd
JSE:KIO
102B ZAR 3.2 7
BR
Vale SA
BOVESPA:VALE3
367B BRL 8.3 26.6
US
Nucor Corp
NYSE:NUE
49B USD 16.5 28.2
AU
Fortescue Metals Group Ltd
ASX:FMG
60.9B AUD 5.9 11.1
AU
Fortescue Ltd
XMUN:FVJ
37B EUR 6 11.4
LU
ArcelorMittal SA
AEX:MT
38.4B EUR 10.3 14.1
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 13.8 40.9
US
Steel Dynamics Inc
NASDAQ:STLD
32.8B USD 25.2 23.9
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 10.6 28.5
US
Carpenter Technology Corp
NYSE:CRS
21.3B USD 43 48.8

Market Distribution

Lower than 72% of companies in India
Percentile
28th
Based on 2 183 companies
28th percentile
13.7
Low
0.1 — 14.7
Typical Range
14.7 — 39.6
High
39.6 —
Distribution Statistics
India
Min 0.1
30th Percentile 14.7
Median 23.4
70th Percentile 39.6
Max 28 676

Jindal Stainless Ltd
Glance View

Jindal Stainless Ltd., a key player in the global stainless steel industry, operates as a vital linchpin within the intricate web of modern infrastructure and industry. Founded with a vision to capitalize on the burgeoning demand for durable and corrosion-resistant materials, the company swiftly carved out a strong presence in both domestic and international markets. At its core, Jindal Stainless transforms raw materials into a variety of stainless steel products through an intricate and technologically advanced production process. This process involves melting scrap steel and ferroalloys, refining it to the desired quality, and then casting, hot rolling, and finishing it into coils and plates. The company’s robust supply chain, stretching from mining of essential raw materials to forging distribution networks, ensures a seamless flow from production to delivery. On the revenue front, Jindal Stainless Ltd. excels by catering to a diverse set of industries including automotive, construction, manufacturing, and consumer goods, among others. Its product portfolio, which includes flat products like coils and sheets alongside value-added stainless steel offerings, enables it to meet the evolving needs of various sectors. The company thrives on its strategic geographical positioning and its widespread distribution network, enabling efficient market penetration. By leveraging economies of scale and maintaining a keen eye on quality compliance, Jindal Stainless not only stands resilient against market volatilities but also fortifies its competitive edge in an increasingly demanding global arena. Through a blend of innovation, strategic expansion, and customer-centric focus, Jindal Stainless Ltd. continues to grow as a formidable force in shaping contemporary industrial landscapes.

JSL Intrinsic Value
673.38 INR
Overvaluation 12%
Intrinsic Value
Price ₹768.45
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