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Larsen & Toubro Ltd
OTC:LTOUF

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Larsen & Toubro Ltd
OTC:LTOUF
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Price: 47.47 USD Market Closed
Market Cap: $65.3B

P/FCFE

52.7
Current
15%
More Expensive
vs 3-y average of 45.6

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.

P/FCFE
52.7
=
Market Cap
$5.9T
/
Free Cash Flow to Equity
₹104.6B

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.

P/FCFE
52.7
=
Market Cap
$5.9T
/
Free Cash Flow to Equity
₹104.6B

Valuation Scenarios

Larsen & Toubro Ltd is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (45.6), the stock would be worth $41.13 (13% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-13%
Maximum Upside
No Upside Scenarios
Average Downside
9%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 52.7 $47.47
0%
3-Year Average 45.6 $41.13
-13%
5-Year Average 45.6 $41.13
-13%
Industry Average 51 $45.97
-3%
Country Average 49.7 $44.83
-6%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
IN
Larsen & Toubro Ltd
OTC:LTOUF
5.5T USD 52.7 33.9
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 35.3 19.9
US
Quanta Services Inc
NYSE:PWR
111B USD 35.9 108.1
FR
Vinci SA
PAR:DG
71.4B EUR 9.6 14.6
US
Comfort Systems USA Inc
NYSE:FIX
65.7B USD 49 53.7
IN
Larsen and Toubro Ltd
F:LTO
48.4B EUR 49.5 31.9
NL
Ferrovial SE
AEX:FER
42.2B EUR 34.4 47.5
ES
Ferrovial SA
MAD:FER
42.1B EUR 34.3 47.4
DE
Hochtief AG
XETRA:HOT
34.4B EUR 20.4 38.1
US
EMCOR Group Inc
NYSE:EME
40.2B USD 34.1 31.6
ES
ACS Actividades de Construccion y Servicios SA
MAD:ACS
31.9B EUR 14.6 33.7

Market Distribution

Lower than 100% of companies in India
Percentile
0th
Based on 1 683 companies
0th percentile
0.6
Low
0.6 — 27.4
Typical Range
27.4 — 92
High
92 —
Distribution Statistics
India
Min 0.6
30th Percentile 27.4
Median 49.7
70th Percentile 92
Max 57 010.1

Larsen & Toubro Ltd
Glance View

In the vibrant tapestry of India's industrial landscape, Larsen & Toubro Ltd. (L&T) has woven itself as a cornerstone, bearing witness to and actively participating in the nation’s growth. Founded by two Danish engineers in 1938, the company initially focused on engineering and construction. Over the decades, it has evolved into one of the largest and most respected conglomerates in India, spanning across diverse sectors. Headquartered in Mumbai, L&T operates with a strategic blend of innovation and resourcefulness, driven by its pillars of Engineering, Construction, Manufacturing, and Technology. The company manages to fuse traditional values with cutting-edge practices, nurturing major infrastructure projects that include roads, bridges, metros, and airports, thereby shaping the physical backdrop of India’s future. L&T's prowess is accentuated through its integrated business model, combining domain expertise with a vast geographical reach that extends well beyond India’s borders, into the Middle East and beyond. The company's financial health is fortified by its multi-disciplinary operations: construction and project execution drive a substantial revenue stream, while its foray into high-margin sectors such as technology services and financial services further bolster profitability. With a commitment to sustainability and innovation, L&T leverages its extensive R&D capabilities to stay ahead of the curve in a competitive market. The company’s manufacturing division, particularly in heavy engineering, supplies equipment for critical sectors like defense, nuclear power, and aerospace, thus making significant contributions to national capabilities and self-reliance. Thus, L&T stands not just as a business entity, but as a monumental force that underscores and accelerates the progress of an ambitious nation.

LTOUF Intrinsic Value
45.28 USD
Overvaluation 5%
Intrinsic Value
Price $47.47
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