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VETO Switch Gears And Cables Ltd
NSE:VETO

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VETO Switch Gears And Cables Ltd
NSE:VETO
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Price: 105.25 INR -1.97% Market Closed
Market Cap: ₹2B

EV/EBITDA

5.6
Current
17%
Cheaper
vs 3-y average of 6.7

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
5.6
=
Enterprise Value
₹1.9B
/
EBITDA
₹351m

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
5.6
=
Enterprise Value
₹1.9B
/
EBITDA
₹351m

Valuation Scenarios

VETO Switch Gears And Cables Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (6.7), the stock would be worth ₹126.81 (20% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+434%
Average Upside
173%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 5.6 ₹105.25
0%
3-Year Average 6.7 ₹126.81
+20%
5-Year Average 6.8 ₹127.28
+21%
Industry Average 29.9 ₹562.31
+434%
Country Average 17.7 ₹332.02
+215%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
IN
VETO Switch Gears And Cables Ltd
NSE:VETO
2B INR 5.6 8.4
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 22 26.4
FR
Schneider Electric SE
PAR:SU
154.5B EUR 19.3 37.1
CH
Abb Ltd
SIX:ABBN
142B CHF 27 38.3
IE
Eaton Corporation PLC
NYSE:ETN
164.7B USD 27.9 40.3
US
Vertiv Holdings Co
NYSE:VRT
123.5B USD 52 79.3
US
Emerson Electric Co
NYSE:EMR
80.1B USD 16.5 34.6
KR
LG Energy Solution Ltd
KRX:373220
109.2T KRW 24.8 -102.7
JP
Fujikura Ltd
TSE:5803
10T JPY 50.8 69.4
US
AMETEK Inc
NYSE:AME
53.8B USD 23.1 36.4
FR
Legrand SA
PAR:LR
39.4B EUR 19.6 31.9

Market Distribution

Lower than 93% of companies in India
Percentile
7th
Based on 2 785 companies
7th percentile
5.6
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

VETO Switch Gears And Cables Ltd
Glance View

Veto Switchgears & Cables Ltd. engages in the manufacture of wires and cables, electrical accessories, industrial cables, fans, CFL lamps, pumps, modular switches, LED lights, immersion heater, MCB and distribution boards. The company is headquartered in Jaipur, Rajasthan. The company went IPO on 2012-12-12. The firm's segments include Wire and Cables, Lighting & Fittings and Accessories & Others. The firm's product portfolio ranges from industrial cables, stand cables to telephone and co-axial wires, from general switches to modular switches, from ceiling fans to rechargeable fans, compact fluorescent lamps (CFLs), light emitting diode (LED) bulbs and other electrical accessories. The company is engaged in dealing in electrical accessories, such as switch socket, miniature circuit breaker (MCB), bell and various electrical accessories. The firm's products are supplied under the brand names VETO and VIMAL POWER through a network of dealers to the customers in India, as well as selected customers abroad. Its manufacturing unit is located in Haridwar.

VETO Intrinsic Value
182.83 INR
Undervaluation 42%
Intrinsic Value
Price ₹105.25
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