Praj Industries Ltd
NSE:PRAJIND

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Praj Industries Ltd
NSE:PRAJIND
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Price: 449.95 INR -2.46% Market Closed
Market Cap: 82.7B INR

Relative Value

The Relative Value of one PRAJIND stock under the Base Case scenario is 681.38 INR. Compared to the current market price of 449.95 INR, Praj Industries Ltd is Undervalued by 34%.

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.

PRAJIND Relative Value
Base Case
681.38 INR
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
13
Median 3Y
2.7
Median 5Y
2.7
Industry
0.8
Forward
2.4
vs History
77
vs Industry
11
Median 3Y
36.6
Median 5Y
39.7
Industry
14.4
Forward
34
vs History
79
vs Industry
7
Median 3Y
44.6
Median 5Y
41.7
Industry
8.4
vs History
41
vs Industry
3
Median 3Y
87.7
Median 5Y
58.3
Industry
12.3
vs History
73
vs Industry
2
Median 3Y
8
Median 5Y
7.6
Industry
1.2
vs History
65
vs Industry
16
Median 3Y
2.5
Median 5Y
2.5
Industry
1
Forward
2.2
vs History
73
vs Industry
34
Median 3Y
6.4
Median 5Y
6.4
Industry
5
vs History
76
vs Industry
9
Median 3Y
27.8
Median 5Y
27.8
Industry
9.1
Forward
21.2
vs History
79
vs Industry
10
Median 3Y
31.2
Median 5Y
33.1
Industry
11.5
Forward
26.3
vs History
79
vs Industry
8
Median 3Y
41.8
Median 5Y
38.6
Industry
9.6
vs History
44
vs Industry
6
Median 3Y
57.9
Median 5Y
47.6
Industry
12.3
vs History
66
vs Industry
3
Median 3Y
5.4
Median 5Y
5.3
Industry
0.8

Multiples Across Competitors

PRAJIND Competitors Multiples
Praj Industries Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Praj Industries Ltd
NSE:PRAJIND
82.7B INR 2.4 30.5 21.9 27
MY
Econpile Holdings Bhd
KLSE:ECONBHD
3.1T MYR 9 173 -267 102.6 704 547.3 -3 540 552.7
MY
UEM Edgenta Bhd
KLSE:EDGENTA
357.6B MYR 117.3 6 909.6 3 041.9 3 041.9
FR
Vinci SA
PAR:DG
70.1B EUR 1 14.4 6.9 10.1
MY
PJBumi Bhd
KLSE:PJBUMI
321.4B MYR 8 751 -259 854.5 -1 085 946.7 -293 552.7
IN
Larsen & Toubro Ltd
NSE:LT
4.6T INR 1.9 33 19.4 23
IN
Larsen and Toubro Ltd
F:LTO
45.4B EUR 1.7 31.1 18.3 21.7
US
Quanta Services Inc
NYSE:PWR
47.1B USD 2 52.1 24.3 38.3
NL
Ferrovial SE
AEX:FER
31.3B EUR 3.4 9.7 28.3 42.2
ES
Ferrovial SA
MAD:FER
31B EUR 3.4 9.6 28.1 41.8
CN
China State Construction Engineering Corp Ltd
SSE:601668
229.3B CNY 0.1 4.6 7.2 7.2
P/E Multiple
Earnings Growth PEG
IN
Praj Industries Ltd
NSE:PRAJIND
Average P/E: 788.3
30.5
17%
1.8
MY
E
Econpile Holdings Bhd
KLSE:ECONBHD
Negative Multiple: -267 102.6 N/A N/A
MY
U
UEM Edgenta Bhd
KLSE:EDGENTA
6 909.6
N/A N/A
FR
Vinci SA
PAR:DG
14.4
9%
1.6
MY
P
PJBumi Bhd
KLSE:PJBUMI
Negative Multiple: -259 854.5 N/A N/A
IN
Larsen & Toubro Ltd
NSE:LT
33
21%
1.6
IN
Larsen and Toubro Ltd
F:LTO
31.1
21%
1.5
US
Quanta Services Inc
NYSE:PWR
52.1
32%
1.6
NL
Ferrovial SE
AEX:FER
9.7
-36%
N/A
ES
Ferrovial SA
MAD:FER
9.6
-36%
N/A
CN
C
China State Construction Engineering Corp Ltd
SSE:601668
4.6
1%
4.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Praj Industries Ltd
NSE:PRAJIND
Average EV/EBITDA: 70 774.4
21.9
20%
1.1
MY
E
Econpile Holdings Bhd
KLSE:ECONBHD
704 547.3
N/A N/A
MY
U
UEM Edgenta Bhd
KLSE:EDGENTA
3 041.9
N/A N/A
FR
Vinci SA
PAR:DG
6.9
4%
1.7
MY
P
PJBumi Bhd
KLSE:PJBUMI
Negative Multiple: -1 085 946.7 N/A N/A
IN
Larsen & Toubro Ltd
NSE:LT
19.4
19%
1
IN
Larsen and Toubro Ltd
F:LTO
18.3
19%
1
US
Quanta Services Inc
NYSE:PWR
24.3
20%
1.2
NL
Ferrovial SE
AEX:FER
28.3
10%
2.8
ES
Ferrovial SA
MAD:FER
28.1
10%
2.8
CN
C
China State Construction Engineering Corp Ltd
SSE:601668
7.2
10%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Praj Industries Ltd
NSE:PRAJIND
Average EV/EBIT: 361.5
27
19%
1.4
MY
E
Econpile Holdings Bhd
KLSE:ECONBHD
Negative Multiple: -3 540 552.7 N/A N/A
MY
U
UEM Edgenta Bhd
KLSE:EDGENTA
3 041.9
N/A N/A
FR
Vinci SA
PAR:DG
10.1
5%
2
MY
P
PJBumi Bhd
KLSE:PJBUMI
Negative Multiple: -293 552.7 N/A N/A
IN
Larsen & Toubro Ltd
NSE:LT
23
21%
1.1
IN
Larsen and Toubro Ltd
F:LTO
21.7
21%
1
US
Quanta Services Inc
NYSE:PWR
38.3
23%
1.7
NL
Ferrovial SE
AEX:FER
42.2
13%
3.2
ES
Ferrovial SA
MAD:FER
41.8
13%
3.2
CN
C
China State Construction Engineering Corp Ltd
SSE:601668
7.2
7%
1