Mishra Dhatu Nigam Ltd
NSE:MIDHANI

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Mishra Dhatu Nigam Ltd
NSE:MIDHANI
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Price: 306.9 INR -0.13% Market Closed
Market Cap: 57.5B INR

Relative Value

The Relative Value of one MIDHANI stock under the Base Case scenario is 398.69 INR. Compared to the current market price of 306.9 INR, Mishra Dhatu Nigam Ltd is Undervalued by 23%.

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.

MIDHANI Relative Value
Base Case
398.69 INR
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
37
Median 3Y
5.4
Median 5Y
5.1
Industry
1.8
Forward
4.4
vs History
20
vs Industry
4
Median 3Y
51
Median 5Y
26.3
Industry
15.7
Forward
39.3
vs History
34
vs Industry
9
Median 3Y
24.8
Median 5Y
18.8
Industry
9.6
vs History
53
vs Industry
6
Median 3Y
149.1
Median 5Y
61.4
Industry
16
vs History
28
vs Industry
16
Median 3Y
4.3
Median 5Y
3.6
Industry
1.5
vs History
30
vs Industry
37
Median 3Y
5.5
Median 5Y
5.2
Industry
2.1
Forward
4.4
vs History
28
vs Industry
33
Median 3Y
9.2
Median 5Y
7.1
Industry
7
vs History
26
vs Industry
7
Median 3Y
27.8
Median 5Y
19.2
Industry
10.1
Forward
23.2
vs History
22
vs Industry
5
Median 3Y
37.8
Median 5Y
22.3
Industry
13
Forward
31.1
vs History
34
vs Industry
11
Median 3Y
25
Median 5Y
19.1
Industry
11
vs History
34
vs Industry
8
Median 3Y
-25.2
Median 5Y
-16.6
Industry
14.3
vs History
28
vs Industry
29
Median 3Y
2.1
Median 5Y
1.6
Industry
1.3

Multiples Across Competitors

MIDHANI Competitors Multiples
Mishra Dhatu Nigam Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Mishra Dhatu Nigam Ltd
NSE:MIDHANI
57.5B INR 5.4 56.9 28.6 40.8
ZA
Kumba Iron Ore Ltd
JSE:KIO
99.7B Zac 0 0 0 0
IN
BMW Industries Ltd
BSE:542669
4.3T INR 714 5 684.9 2 810.4 3 899.2
BR
Vale SA
BOVESPA:VALE3
225.1B BRL 1.1 7.2 3.9 5
AU
Fortescue Ltd
XMUN:FVJ
28B EUR 1.9 8.1 5.5 5.5
AU
Fortescue Metals Group Ltd
ASX:FMG
49.1B AUD 1.9 8.1 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
27.1B USD 0.9 13.4 6.7 9.7
LU
ArcelorMittal SA
AEX:MT
22.5B EUR 0.4 18.9 4.4 7.6
JP
Nippon Steel Corp
TSE:5401
3.1T JPY 0.4 6.7 4.9 8.2
IN
Tata Steel Ltd
NSE:TATASTEEL
1.8T INR 0.8 65.6 9.5 15.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Mishra Dhatu Nigam Ltd
NSE:MIDHANI
Average EV/EBITDA: 289.3
28.6
31%
0.9
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
14%
N/A
IN
B
BMW Industries Ltd
BSE:542669
2 810.4
N/A N/A
BR
Vale SA
BOVESPA:VALE3
3.9
9%
0.4
AU
F
Fortescue Ltd
XMUN:FVJ
5.5
-9%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.5
-9%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.2
13%
1
US
Nucor Corp
NYSE:NUE
6.7
9%
0.7
LU
ArcelorMittal SA
AEX:MT
4.4
12%
0.4
JP
Nippon Steel Corp
TSE:5401
4.9
7%
0.7
IN
Tata Steel Ltd
NSE:TATASTEEL
9.5
20%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Mishra Dhatu Nigam Ltd
NSE:MIDHANI
Average EV/EBIT: 401.9
40.8
37%
1.1
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
3%
N/A
IN
B
BMW Industries Ltd
BSE:542669
3 899.2
N/A N/A
BR
Vale SA
BOVESPA:VALE3
5
5%
1
AU
F
Fortescue Ltd
XMUN:FVJ
5.5
-24%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
5.5
-24%
N/A
IN
JSW Steel Ltd
NSE:JSWSTEEL
21.4
14%
1.5
US
Nucor Corp
NYSE:NUE
9.7
12%
0.8
LU
ArcelorMittal SA
AEX:MT
7.6
13%
0.6
JP
Nippon Steel Corp
TSE:5401
8.2
N/A N/A
IN
Tata Steel Ltd
NSE:TATASTEEL
15.9
32%
0.5