Redington (India) Ltd
NSE:REDINGTON
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P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its Industry Average (71.6), the stock would be worth ₹-562.05 (360% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -27.5 | ₹215.87 |
0%
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| Industry Average | 71.6 | ₹-562.05 |
-360%
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| Country Average | 49.7 | ₹-390.48 |
-281%
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Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
R
|
Redington (India) Ltd
NSE:REDINGTON
|
168.8B INR | -27.5 | 9.5 | |
| US |
|
TD Synnex Corp
NYSE:SNX
|
18.2B USD | 11 | 18.6 | |
| US |
|
CDW Corp
NASDAQ:CDW
|
17.6B USD | 25.1 | 16.5 | |
| JP |
D
|
Daiwa Tsushin Co Ltd
TSE:7116
|
2.7T JPY | 117.8 | 17.3 | |
| ZA |
D
|
Datatec Ltd
JSE:DTC
|
16.5B ZAR | 7.6 | 12.4 | |
| CN |
|
Unisplendour Corp Ltd
SZSE:000938
|
91.5B CNY | 76.8 | 43.1 | |
| US |
|
Arrow Electronics Inc
NYSE:ARW
|
9.4B USD | -44.3 | 16.5 | |
| TW |
|
WT Microelectronics Co Ltd
TWSE:3036
|
258.1B TWD | -14.3 | 19.4 | |
| US |
|
Avnet Inc
NASDAQ:AVT
|
6.6B USD | 22 | 31.6 | |
| CN |
S
|
Shenzhen Huaqiang Industry Co Ltd
SZSE:000062
|
38.6B CNY | 645.1 | 83.4 | |
| TW |
|
WPG Holdings Ltd
TWSE:3702
|
169.6B TWD | 62.8 | 17.5 |
Market Distribution
| Min | 0.6 |
| 30th Percentile | 27.4 |
| Median | 49.7 |
| 70th Percentile | 92 |
| Max | 57 010.1 |
Other Multiples
Redington (India) Ltd
Glance View
Redington (India) Ltd. has carved a distinctive niche within the bustling landscape of technology supply chain solutions. Established over decades, the firm has evolved from a traditional distribution company into an integral player in the domain of technology services, bridging the gap between manufacturers and consumers across various markets. At its core, Redington operates as a conduit for technology products—from computers, smartphones, and peripherals to software solutions and enterprise technology infrastructure. The company thrives on its vast distribution network that spans not only India but also regions across the Middle East, Africa, and Turkey. This expansive reach allows Redington to capitalize on emerging markets and tailor its services to cater to varied regional demands. The financial health of Redington hinges upon its adeptness in managing a complex web of relationships with global technology giants like Apple, Microsoft, and Hewlett-Packard. By leveraging these partnerships, the company earns revenue primarily through the wholesale distribution of these brands’ latest offerings. A crucial element of its business model is its capacity to offer support services, cloud solutions, and supply chain management, thereby adding layers of value beyond mere product sales. By continually enhancing its logistical capabilities and fostering connections with resellers and retailers, Redington not only ensures the timely delivery of products but also embeds itself as a trusted intermediary, ensuring that both manufacturers and consumers see it as an indispensable link in the technology supply chain.