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MIC Electronics Ltd
NSE:MICEL

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MIC Electronics Ltd
NSE:MICEL
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Price: 43.17 INR -3.01% Market Closed
Market Cap: ₹10.4B

EV/IC

4
Current
35%
Cheaper
vs 3-y average of 6.1

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
4
=
Enterprise Value
₹9.9B
/
Invested Capital
₹2.7B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
4
=
Enterprise Value
₹9.9B
/
Invested Capital
₹2.7B

Valuation Scenarios

MIC Electronics Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (6.1), the stock would be worth ₹66.09 (53% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-43%
Maximum Upside
+53%
Average Upside
21%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 4 ₹43.17
0%
3-Year Average 6.1 ₹66.09
+53%
5-Year Average 4.9 ₹52.71
+22%
Industry Average 6.1 ₹65.99
+53%
Country Average 2.3 ₹24.42
-43%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
IN
MIC Electronics Ltd
NSE:MICEL
10.4B INR 4 113
US
NVIDIA Corp
NASDAQ:NVDA
4.8T USD 35.5 40.2
US
Broadcom Inc
NASDAQ:AVGO
2T USD 13.3 79.9
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
55.4T TWD 10.2 29.3
US
Micron Technology Inc
NASDAQ:MU
611.6B USD 7.3 25.4
US
Advanced Micro Devices Inc
NASDAQ:AMD
587.7B USD 9.1 135.6
KR
SK Hynix Inc
KRX:000660
701.7T KRW 5 16.1
US
Intel Corp
NASDAQ:INTC
500.4B USD 3.1 -157.7
US
Texas Instruments Inc
NASDAQ:TXN
254.9B USD 9.1 47.8
UK
Arm Holdings PLC
NASDAQ:ARM
224.3B USD 33.7 280
US
Analog Devices Inc
NASDAQ:ADI
194.2B USD 4.6 71.7

Market Distribution

In line with most companies in India
Percentile
69th
Based on 2 828 companies
69th percentile
4
Low
0 — 1.3
Typical Range
1.3 — 4.2
High
4.2 —
Distribution Statistics
India
Min 0
30th Percentile 1.3
Median 2.3
70th Percentile 4.2
Max 4 185.7

MIC Electronics Ltd
Glance View

Market Cap
10.4B INR
Industry
Semiconductors

MIC Electronics Ltd. engages in the design, development, and manufacture of light-emitting diode (LED) products. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2007-05-30. The firm is also engaged in the manufacturing of light-emitting diode (LED) displays and LED lighting. Its LED displays include indoor displays, outdoor displays, mobile displays and application-specific displays. The company offers LED lightings in various ranges, including indoor lighting, solar lighting, outdoor lighting and portables. Its indoor LED displays include digital posters and indoor video screens; outdoor LED displays include ticker displays, digital posters, perimeter displays, outdoor video walls and digital billboards; mobile LED displays include displays for trucks and trailers, and application-specific LED displays include passenger information displays and digital theme park displays. The company also offers oxygen concentrators and batteries. The company serves sports stadiums, transportation hubs, digital theatres and theme parks, advertisements and public information displays.

MICEL Intrinsic Value
48.31 INR
Undervaluation 11%
Intrinsic Value
Price ₹43.17
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