Tech Mahindra Ltd
NSE:TECHM

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Tech Mahindra Ltd
NSE:TECHM
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Price: 1 565.6 INR -2.04% Market Closed
Market Cap: 1.5T INR

Relative Value

The Relative Value of one TECHM stock under the Base Case scenario is 1 869.51 INR. Compared to the current market price of 1 565.6 INR, Tech Mahindra Ltd is Undervalued by 16%.

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.

TECHM Relative Value
Base Case
1 869.51 INR
Undervaluation 16%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
22
vs Industry
41
Median 3Y
2.3
Median 5Y
2.4
Industry
2.4
Forward
2.7
vs History
23
vs Industry
16
Median 3Y
32.1
Median 5Y
25.2
Industry
22.6
Forward
24.7
vs History
7
vs Industry
24
Median 3Y
21.6
Median 5Y
19.7
Industry
16.9
vs History
0
vs Industry
18
Median 3Y
30.7
Median 5Y
28.4
Industry
21.6
vs History
12
vs Industry
22
Median 3Y
4.5
Median 5Y
4.1
Industry
2.9
vs History
19
vs Industry
41
Median 3Y
2.2
Median 5Y
2.1
Industry
2.4
Forward
2.6
vs History
22
vs Industry
57
Median 3Y
2.5
Median 5Y
2.5
Industry
4.9
vs History
22
vs Industry
20
Median 3Y
17.3
Median 5Y
13.9
Industry
12.5
Forward
16
vs History
23
vs Industry
16
Median 3Y
24.3
Median 5Y
18
Industry
16
Forward
20.9
vs History
7
vs Industry
24
Median 3Y
20.4
Median 5Y
18.3
Industry
15.5
vs History
9
vs Industry
22
Median 3Y
24.5
Median 5Y
21.5
Industry
18.8
vs History
20
vs Industry
26
Median 3Y
3.5
Median 5Y
3.5
Industry
2.4

Multiples Across Competitors

TECHM Competitors Multiples
Tech Mahindra Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Tech Mahindra Ltd
NSE:TECHM
1.5T INR 2.9 36.1 21 28.5
US
International Business Machines Corp
NYSE:IBM
241.8B USD 3.8 44.2 17.6 30
IE
Accenture PLC
NYSE:ACN
199.3B USD 3 25.9 15.6 18.9
IN
Tata Consultancy Services Ltd
NSE:TCS
12.6T INR 4.9 25.9 17.9 19.4
IN
Infosys Ltd
NSE:INFY
6.4T INR 3.9 24 15.5 17.7
IN
HCL Technologies Ltd
NSE:HCLTECH
4.4T INR 3.8 25.5 16.4 19.6
US
Cognizant Technology Solutions Corp
NASDAQ:CTSH
39.6B USD 2 16.8 10.5 12.3
JP
Fujitsu Ltd
TSE:6702
5.7T JPY 1.6 25.9 13 20.9
JP
NTT Data Corp
TSE:9613
5.6T JPY 1.2 38.1 9.2 18.8
JP
NTT Data Group Corp
DUS:NT5
33.4B EUR 1.2 37.1 9 18.4
US
Gartner Inc
NYSE:IT
34.4B USD 5.4 27.4 25.3 29.7