Larsen & Toubro Ltd
NSE:LT

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Larsen & Toubro Ltd Logo
Larsen & Toubro Ltd
NSE:LT
Watchlist
Price: 3 567 INR -0.56% Market Closed
Market Cap: 4.9T INR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one LT stock under the Base Case scenario is 4 513.12 INR. Compared to the current market price of 3 567 INR, Larsen & Toubro 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.

LT Relative Value
Base Case
4 513.12 INR
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2
P/S
P/S
Price to Sales
2
vs History
23
vs Industry
20
Median 3Y
1.9
Median 5Y
1.6
Industry
0.8
Forward
1.8
More Details
35.2
P/E
P/E
Price to Earnings
35.2
vs History
22
vs Industry
13
Median 3Y
33
Median 5Y
29.1
Industry
14.7
Forward
31.7
More Details
34.2
P/OCF
P/OCF
Price to OCF
34.2
vs History
12
vs Industry
9
Median 3Y
26.8
Median 5Y
16.3
Industry
8.5
More Details
47.2
P/FCFE
P/FCFE
Price to FCFE
47.2
vs History
38
vs Industry
8
Median 3Y
45.6
Median 5Y
42.1
Industry
12.5
More Details
5.5
P/B
P/B
Price to Book Value
5.5
vs History
22
vs Industry
6
Median 3Y
5
Median 5Y
3.4
Industry
1.2
More Details
2.1
EV/S
EV/S
Enterprise Value to Sales
2.1
vs History
26
vs Industry
22
Median 3Y
2
Median 5Y
2
Industry
1
Forward
2
More Details
6.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.3
vs History
20
vs Industry
35
Median 3Y
5.9
Median 5Y
5.4
Industry
5
More Details
20.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
20.6
vs History
22
vs Industry
14
Median 3Y
19.3
Median 5Y
16.9
Industry
9
Forward
18.6
More Details
24.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
24.4
vs History
22
vs Industry
16
Median 3Y
22.8
Median 5Y
20.3
Industry
11.6
Forward
21.6
More Details
36.3
EV/OCF
EV/OCF
Enterprise Value to OCF
36.3
vs History
14
vs Industry
9
Median 3Y
28.5
Median 5Y
17.9
Industry
9.8
More Details
53.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
53.5
vs History
25
vs Industry
8
Median 3Y
37.9
Median 5Y
21.8
Industry
12.2
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
20
vs Industry
13
Median 3Y
1.9
Median 5Y
1.5
Industry
0.8
More Details

Multiples Across Competitors

LT Competitors Multiples
Larsen & Toubro Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Larsen & Toubro Ltd
NSE:LT
4.9T INR 2 35.2 20.6 24.4
FR
Vinci SA
PAR:DG
69.1B EUR 1 14.2 6.8 10
IN
Larsen and Toubro Ltd
F:LTO
46.2B EUR 1.8 31.8 18.4 21.8
US
Quanta Services Inc
NYSE:PWR
49.3B USD 2 53 24.6 38.6
NL
Ferrovial SE
AEX:FER
31.8B EUR 3.5 9.8 28.7 42.8
ES
Ferrovial SA
MAD:FER
31.3B EUR 3.4 9.7 28.3 42.2
CN
China State Construction Engineering Corp Ltd
SSE:601668
238B CNY 0.1 5.1 7 7
CA
WSP Global Inc
TSX:WSP
34B CAD 2 48.6 17.3 25.5
US
EMCOR Group Inc
NYSE:EME
20.9B USD 1.4 20.8 13.3 14.6
CN
China Communications Construction Co Ltd
SSE:601800
148.8B CNY 0.2 6.9 15.5 15.5
CN
China Railway Group Ltd
SSE:601390
140.1B CNY 0.1 4.8 9.6 9.6

See Also

Summary
LT intrinsic value, competitors valuation, and company profile.
DCF Valuation
LT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
LT stock valuation using valuation multiples.
Wall Street Estimates
LT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
LT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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