Nelcast Ltd
NSE:NELCAST
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EV/IC
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.
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.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (1.4), the stock would be worth ₹138.25 (3% downside from current price).
| Scenario | EV/IC Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.4 | ₹141.89 |
0%
|
| 3-Year Average | 1.4 | ₹138.25 |
-3%
|
| 5-Year Average | 1.2 | ₹125.17 |
-12%
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| Industry Average | 2 | ₹205.12 |
+45%
|
| Country Average | 2.3 | ₹228.71 |
+61%
|
Forward EV/IC
Today’s price vs future invested capital
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
N
|
Nelcast Ltd
NSE:NELCAST
|
12.3B INR | 1.4 | 26.4 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
100.1B ZAR | 1.1 | 6.9 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
346.5B BRL | 1 | 25.2 | |
| US |
|
Nucor Corp
NYSE:NUE
|
51.7B USD | 1.8 | 29.8 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
37.5B EUR | 0.6 | 15 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
61.6B AUD | 1.7 | 11.2 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
36.9B EUR | 1.7 | 11.4 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
33.2B USD | 2.5 | 24.2 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 1.8 | 41.2 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR | 1.3 | 28.7 | |
| KR |
|
Posco Holdings Inc
KRX:005490
|
34.9T KRW | 0.5 | 53.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.3 |
| Median | 2.3 |
| 70th Percentile | 4.2 |
| Max | 4 185.7 |
Other Multiples
Nelcast Ltd
Glance View
Nelcast Ltd. engages in the manufacture and sale of iron castings. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,121 full-time employees. The firm is a supplier of ductile iron castings and grey iron castings. Its products include Un-Machined Castings and Machined Castings. The company manufactures products such as all standard grades of grey & ductile iron; pearlitic grey iron for brake disc applications; silicon-molybdenum ductile iron for high-temperature exhaust manifolds; all grades of au tempered ductile iron (in-house heat treatment facility); ductile iron castings with properties at low temperatures for railway braking & windmill applications. Its products include commercial vehicle components, tractor/ farm equipment, off highway/ army components, railways, SUV/ Car components and power train components. The firm has three plants in India and handle the manufacture and production of various casting components.