NCC Ltd
NSE:NCC
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (7), the stock would be worth ₹197.49 (19% upside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.9 | ₹165.29 |
0%
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| 3-Year Average | 7 | ₹197.49 |
+19%
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| 5-Year Average | 6.6 | ₹185.59 |
+12%
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| Industry Average | 15.7 | ₹442.77 |
+168%
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| Country Average | 23.3 | ₹656.09 |
+297%
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Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
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₹86.4B
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/ |
Jan 2026
₹16.2B
|
= |
|
|
₹86.4B
|
/ |
Mar 2026
₹13.2B
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= |
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₹86.4B
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/ |
Mar 2027
₹16.3B
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= |
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₹86.4B
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/ |
Mar 2028
₹18.8B
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= |
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Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
|
NCC Ltd
NSE:NCC
|
103B INR | 5.9 | 14.3 | |
| JP |
|
Sumitomo Densetsu Co Ltd
TSE:1949
|
35.2T JPY | 11.5 | 19.9 | |
| US |
|
Quanta Services Inc
NYSE:PWR
|
94.7B USD | 64.3 | 92.3 | |
| FR |
|
Vinci SA
PAR:DG
|
72.9B EUR | 9.7 | 14.8 | |
| US |
|
Comfort Systems USA Inc
NYSE:FIX
|
62.4B USD | 46.8 | 61 | |
| IN |
|
Larsen & Toubro Ltd
NSE:LT
|
5.5T INR | 24.1 | 34.2 | |
| IN |
|
Larsen and Toubro Ltd
F:LTO
|
47B EUR | 21.8 | 30.8 | |
| NL |
|
Ferrovial SE
AEX:FER
|
43.2B EUR | 51.4 | 48.7 | |
| ES |
|
Ferrovial SA
MAD:FER
|
43B EUR | 51.1 | 48.7 | |
| DE |
H
|
Hochtief AG
XETRA:HOT
|
35.2B EUR | 17.2 | 38.9 | |
| US |
|
EMCOR Group Inc
NYSE:EME
|
38.9B USD | 24.1 | 30.5 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 15.7 |
| Median | 23.3 |
| 70th Percentile | 34.7 |
| Max | 48 145.1 |
Other Multiples
NCC Ltd
Glance View
NCC Ltd., originally founded in 1978 as Nagarjuna Construction Company, has carved out a formidable presence in India’s infrastructure and construction sector. Over the years, starting from modest beginnings, NCC has strategically expanded its operations to cover a wide array of construction activities ranging from residential and commercial buildings to complex infrastructure projects such as roads, highways, bridges, and water supply systems. Their expertise and portfolio extend well beyond mere construction, encompassing urban infrastructure development, which includes railways, airports, and even electrical and power transmission projects. NCC’s business model thrives on executing large-scale public sector projects, effectively securing contracts through competitive bidding and optimizing construction processes to ensure cost-efficiency and timely delivery. A significant portion of the company's revenue is generated from government contracts, bolstered by India’s increasing focus on infrastructure development. Their operations are underpinned by a robust management system that handles the intricacies of project life cycles, from planning and design to execution and maintenance. NCC also leverages joint ventures and strategic partnerships, enhancing its capability to undertake formidable projects requiring substantial technical know-how and resources. Its revenue streams, thus, are a blend of project-based payments coupled with long-term maintenance contracts, ensuring a steady and diversified financial flow. This adept management of resources and strategic execution positions NCC Ltd. as a stalwart in the infrastructure industry, continually expanding its horizon beyond national borders, tapping into international markets for sustained growth.