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Welspun Corp Ltd
NSE:WELCORP

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Welspun Corp Ltd
NSE:WELCORP
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Price: 1 266.75 INR -0.04% Market Closed
Market Cap: ₹334B

EV/IC

2.6
Current
45%
More Expensive
vs 3-y average of 1.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.6
=
Enterprise Value
₹200.8B
/
Invested Capital
₹124.6B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.6
=
Enterprise Value
₹200.8B
/
Invested Capital
₹124.6B

Valuation Scenarios

Welspun Corp Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.8), the stock would be worth ₹873.03 (31% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-65%
Maximum Upside
No Upside Scenarios
Average Downside
33%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2.6 ₹1 266.75
0%
3-Year Average 1.8 ₹873.03
-31%
5-Year Average 0.9 ₹446.67
-65%
Industry Average 2 ₹989.47
-22%
Country Average 2.3 ₹1 103.27
-13%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
IN
Welspun Corp Ltd
NSE:WELCORP
333.8B INR 2.6 17.2
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 1.1 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 1 25.2
US
Nucor Corp
NYSE:NUE
51.7B USD 1.8 29.8
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.6 15
AU
Fortescue Metals Group Ltd
ASX:FMG
61.6B AUD 1.7 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 1.7 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.2B USD 2.5 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.8 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 1.3 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 53.1

Market Distribution

In line with most companies in India
Percentile
55th
Based on 2 828 companies
55th percentile
2.6
Low
0 — 1.3
Typical Range
1.3 — 4.2
High
4.2 —
Distribution Statistics
India
Min 0
30th Percentile 1.3
Median 2.3
70th Percentile 4.2
Max 4 185.7

Welspun Corp Ltd
Glance View

Welspun Corp Ltd., emerging from the heartland of India’s industrial tapestry, has carved out a significant niche in the world of steel pipe manufacturing. Their journey began with a vision to connect distant corners of the planet through meticulously crafted pipelines. Today, they are renowned globally, exporting high-quality steel pipes to over 50 countries. The lifeblood of their business stems from their ability to deliver products that meet stringent international standards, serving critical sectors such as oil and gas, water transmission, and infrastructure. Driven by a blend of cutting-edge technology and skilled craftsmanship, Welspun’s facilities are strategically located in India, the US, and Saudi Arabia, ensuring their operations are both robust and responsive to global demands. Welspun Corp’s revenue streams are primarily fueled by massive contracts with energy giants, governmental bodies, and infrastructural projects. Their strategic emphasis on innovation and sustainability allows them to maintain a competitive edge in the global market. Continuous investment in research and development ensures they produce pipes that are not only efficient but also environmentally friendly, standing testament to their commitment to sustainable growth. The company’s capacity to pivot and adapt to changing market dynamics, combined with a deep understanding of global trade nuances, underscores their formidable presence on the world stage. Welspun's meticulous approach to ensuring quality and fostering international relationships is what truly underpins its financial success, ensuring it remains a pivotal player in the steel pipe industry.

WELCORP Intrinsic Value
955.29 INR
Overvaluation 25%
Intrinsic Value
Price ₹1 266.75
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