Transport Corporation of India Ltd
NSE:TCI

Watchlist Manager
Transport Corporation of India Ltd Logo
Transport Corporation of India Ltd
NSE:TCI
Watchlist
Price: 938.9 INR 1.27% Market Closed
Market Cap: ₹72B

EV/EBITDA

13.8
Current
25%
Cheaper
vs 3-y average of 18.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.8
=
Enterprise Value
₹76.6B
/
EBITDA
₹4.9B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.8
=
Enterprise Value
₹76.6B
/
EBITDA
₹4.9B

Valuation Scenarios

Transport Corporation of India Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (18.4), the stock would be worth ₹1 249.29 (33% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-4%
Maximum Upside
+85%
Average Upside
36%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 13.8 ₹938.9
0%
3-Year Average 18.4 ₹1 249.29
+33%
5-Year Average 25.7 ₹1 740.45
+85%
Industry Average 13.3 ₹904.57
-4%
Country Average 17.7 ₹1 197.85
+28%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
₹76.6B
/
Jan 2026
₹4.9B
=
13.8
Current
₹76.6B
/
Mar 2026
₹5.1B
=
15
Forward
₹76.6B
/
Mar 2027
₹5.8B
=
13.1
Forward
₹76.6B
/
Mar 2028
₹6.7B
=
11.5
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
IN
Transport Corporation of India Ltd
NSE:TCI
71.1B INR 13.8 16.1
US
FedEx Corp
NYSE:FDX
92.7B USD 10.1 20.7
US
United Parcel Service Inc
NYSE:UPS
90.8B USD 9.3 16.3
DE
Deutsche Post AG
XETRA:DPW
53.3B EUR 5.3 9.9
DK
DSV A/S
CSE:DSV
398.7B DKK 24.3 49.1
CN
S.F. Holding Co Ltd
SZSE:002352
183.5B CNY 12.2 16.5
US
CH Robinson Worldwide Inc
NASDAQ:CHRW
21.7B USD 24.2 36.9
CN
ZTO Express (Cayman) Inc
HKEX:2057
158.6B HKD 11.6 15.5
US
Expeditors International of Washington Inc
NYSE:EXPD
19.8B USD 16.5 24.4
CN
JD Logistics Inc
HKEX:2618
102.5B HKD 10.7 13.6
KR
Hyundai Glovis Co Ltd
KRX:086280
16.7T KRW 5.4 9.6

Market Distribution

In line with most companies in India
Percentile
38th
Based on 2 785 companies
38th percentile
13.8
Low
0.4 — 11.9
Typical Range
11.9 — 27.8
High
27.8 —
Distribution Statistics
India
Min 0.4
30th Percentile 11.9
Median 17.7
70th Percentile 27.8
Max 47 834.4

Transport Corporation of India Ltd
Glance View

Transport Corporation of India Ltd. (TCI) has etched its narrative into the annals of logistics in India, evolving from a modest start in 1958 into a dynamic force within the industry. The company's journey is characterized by its ability to adapt and grow in a sector that serves as the backbone of India's commerce. Headquartered in Gurugram, TCI has established its presence as a comprehensive service provider, offering a wide range of logistics solutions. Their services span over freight, supply chain management, and warehousing, all essential elements of facilitating the seamless flow of goods across a vast nation. With India's ever-increasing demand for efficient logistics due to its expanding economy, TCI's robust infrastructure and technology-driven approach position it well to capitalize on these opportunities. TCI’s business model revolves around creating value through an integrated logistics network that effectively leverages multi-modal transportation systems, including road, rail, and sea. By doing so, they enhance efficiency and reduce transit times, which is crucial in a market where timely delivery is often a competitive edge. Revenue streams for TCI come predominantly from freight services, which include surface transport and express cargo, contributing significantly to their bottom line. In addition, their specialized divisions, such as TCI Supply Chain Solutions and TCI Seaways, further diversify their offerings, tapping into niches like cold chain logistics and global freight forwarding. This diversity not only mitigates risks inherent in the logistics industry but also allows TCI to cater to a broad customer base ranging from automobile giants to pharmaceutical companies, thereby ensuring steady revenue growth.

TCI Intrinsic Value
939.39 INR
Fairly Valued
Intrinsic Value
Price ₹938.9
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett