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Nitiraj Engineers Ltd
NSE:NITIRAJ

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Nitiraj Engineers Ltd
NSE:NITIRAJ
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Price: 210.33 INR -2.97% Market Closed
Market Cap: ₹2.2B

EV/IC

2.5
Current
6%
More Expensive
vs 3-y average of 2.3

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
2.5
=
Enterprise Value
₹2B
/
Invested Capital
₹841.8m

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
2.5
=
Enterprise Value
₹2B
/
Invested Capital
₹841.8m

Valuation Scenarios

Nitiraj Engineers Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (2.3), the stock would be worth ₹198.08 (6% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-42%
Maximum Upside
+71%
Average Upside
4%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2.5 ₹210.33
0%
3-Year Average 2.3 ₹198.08
-6%
5-Year Average 1.4 ₹122.4
-42%
Industry Average 4.2 ₹360.03
+71%
Country Average 2.3 ₹193.12
-8%

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 Distribution

In line with most companies in India
Percentile
53nd
Based on 2 828 companies
53nd percentile
2.5
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

Nitiraj Engineers Ltd
Glance View

Nitiraj Engineers Ltd. is a holding company, which engages in the provision of weighing machinery and other office machines. The company is headquartered in Dhulia, Maharashtra. The company went IPO on 2017-03-09. The firm's products are supplied under brand name PHOENIX. The firm's products include analytical weighing balances, jewellery scales, tabletop scales, price computing scales, piece counting scales, platform scales, special application indicators, hanging scales, industrial weighing scales, baby weighing scales, person weighing scales (portable), mother and child weighing scales, adult weighing scales (heavy duty), body mass index scale, kitchen scale, currency counting machine, taxi & rickshaw fare meter, and security & access control products. The Company’s manufacturing unit is located at Parwanoo, Himachal Pradesh. The company offers solution to industrial, commercial, jewellery, healthcare, household and automobile sectors.

NITIRAJ Intrinsic Value
109.6 INR
Overvaluation 48%
Intrinsic Value
Price ₹210.33
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