Nitiraj Engineers Ltd
NSE:NITIRAJ

Watchlist Manager
Nitiraj Engineers Ltd Logo
Nitiraj Engineers Ltd
NSE:NITIRAJ
Watchlist
Price: 187.74 INR 1.97% Market Closed
Market Cap: 1.9B INR

Relative Value

NITIRAJ doesn't have a meaningful market cap.

The Relative Value of one NITIRAJ stock under the Base Case scenario is 214.91 INR. Compared to the current market price of 187.74 INR, Nitiraj Engineers Ltd is Undervalued by 13%.

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.

NITIRAJ Relative Value
Base Case
214.91 INR
Undervaluation 13%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
17
Median 3Y
2.5
Median 5Y
2.3
Industry
1.9
vs History
39
vs Industry
10
Median 3Y
38.2
Median 5Y
-20.6
Industry
24.8
vs History
49
vs Industry
2
Median 3Y
18.3
Median 5Y
14
Industry
16.4
vs History
vs Industry
Median 3Y
-8.3
Median 5Y
-44
Industry
22.8
vs History
23
vs Industry
16
Median 3Y
2.4
Median 5Y
1.3
Industry
2.3
vs History
47
vs Industry
16
Median 3Y
2.3
Median 5Y
2.1
Industry
2.1
vs History
52
vs Industry
32
Median 3Y
4.8
Median 5Y
4.3
Industry
8.2
vs History
66
vs Industry
17
Median 3Y
22.4
Median 5Y
19.8
Industry
16.6
vs History
39
vs Industry
11
Median 3Y
31
Median 5Y
-22.5
Industry
20.5
vs History
49
vs Industry
3
Median 3Y
16.8
Median 5Y
12.5
Industry
16.4
vs History
vs Industry
0
Median 3Y
-7
Median 5Y
-7.4
Industry
19.6
vs History
23
vs Industry
14
Median 3Y
2.5
Median 5Y
1.2
Industry
1.8

Multiples Across Competitors

NITIRAJ Competitors Multiples
Nitiraj Engineers Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Nitiraj Engineers Ltd
NSE:NITIRAJ
1.9B INR 2.3 31.3 15.4 22.6
JP
Keyence Corp
TSE:6861
13.4T JPY 12.3 32.9 21.1 21.7
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
269.5B CNY 2.9 20.4 16.3 16.3
US
Keysight Technologies Inc
NYSE:KEYS
34.7B USD 6.4 41 30.7 40.3
SE
Hexagon AB
STO:HEXA B
287.2B SEK 4.9 39.4 16.3 29.6
CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
193.2B CNY 117.8 1 890.2 2 354.3 2 354.3
US
Teledyne Technologies Inc
NYSE:TDY
23.9B USD 4 29.3 18.4 24.1
US
Trimble Inc
NASDAQ:TRMB
19.2B USD 5.3 53.8 26.3 35.6
UK
Halma PLC
LSE:HLMA
13.6B GBP 6 45.9 25.6 32.8
US
Zebra Technologies Corp
NASDAQ:ZBRA
12.8B USD 2.4 24.9 14.2 17.1
CN
Huagong Tech Co Ltd
SZSE:000988
75.4B CNY 5.5 47 48.3 48.3