Spindex Industries Ltd
SGX:564

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Spindex Industries Ltd
SGX:564
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Price: 1.43 SGD
Market Cap: 165m SGD

Relative Value

The Relative Value of one Spindex Industries Ltd stock under the Base Case scenario is 0.82 SGD. Compared to the current market price of 1.43 SGD, Spindex Industries Ltd is Overvalued by 43%.

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.

Relative Value
Base Case
0.82 SGD
Overvaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
77
Median 3Y
0.6
Median 5Y
0.6
Industry
1.8
vs History
0
vs Industry
67
Median 3Y
8.4
Median 5Y
7.3
Industry
22.7
vs History
3
vs Industry
65
Median 3Y
4.1
Median 5Y
4.7
Industry
15.4
vs History
19
vs Industry
46
Median 3Y
12
Median 5Y
8.5
Industry
21.8
vs History
1
vs Industry
82
Median 3Y
0.7
Median 5Y
0.8
Industry
2.1
vs History
0
vs Industry
90
Median 3Y
0.3
Median 5Y
0.4
Industry
1.9
vs History
0
vs Industry
85
Median 3Y
1.6
Median 5Y
1.8
Industry
6.8
vs History
0
vs Industry
75
Median 3Y
2
Median 5Y
2.3
Industry
13.1
vs History
0
vs Industry
71
Median 3Y
3.5
Median 5Y
3.6
Industry
17.6
vs History
9
vs Industry
69
Median 3Y
2.1
Median 5Y
3
Industry
15.7
vs History
4
vs Industry
51
Median 3Y
3.6
Median 5Y
3.2
Industry
19.5
vs History
0
vs Industry
88
Median 3Y
0.4
Median 5Y
0.5
Industry
1.5

Multiples Across Competitors

Competitors Multiples
Spindex Industries Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Spindex Industries Ltd
SGX:564
165m SGD 0.9 24.8 4.7 10.3
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8 171 820.3 210 169.2
US
Parker-Hannifin Corp
NYSE:PH
115.2B USD 5.7 31.6 23.6 28.6
SE
Atlas Copco AB
STO:ATCO A
839.7B SEK 4.9 30.4 19.4 24.4
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
14.3T JPY 3 56.5 26.3 39
US
Barnes Group Inc
NYSE:B
77.2B USD 5.3 21.5 9.2 11.8
US
Illinois Tool Works Inc
NYSE:ITW
72.7B USD 4.6 24 17.7 19.4
SE
Sandvik AB
STO:SAND
382.5B SEK 3.2 25.9 14.8 20.1
CH
Schindler Holding AG
SIX:SCHP
32.4B CHF 2.9 32.8 19 23.6
JP
Fanuc Corp
TSE:6954
6T JPY 7.4 38.2 24.9 31.8
FI
Kone Oyj
OMXH:KNEBV
32B EUR 2.8 33.5 19.5 24.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Spindex Industries Ltd
SGX:564
Average EV/EBITDA: 15 636.3
4.7
N/A N/A
JP
I
Ishii Iron Works Co Ltd
TSE:6362
171 820.3
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
23.6
11%
2.1
SE
Atlas Copco AB
STO:ATCO A
19.4
3%
6.5
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
26.3
19%
1.4
US
Barnes Group Inc
NYSE:B
9.2
33%
0.3
US
Illinois Tool Works Inc
NYSE:ITW
17.7
3%
5.9
SE
Sandvik AB
STO:SAND
14.8
6%
2.5
CH
Schindler Holding AG
SIX:SCHP
19
8%
2.4
JP
Fanuc Corp
TSE:6954
24.9
10%
2.5
FI
K
Kone Oyj
OMXH:KNEBV
19.5
9%
2.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Spindex Industries Ltd
SGX:564
Average EV/EBIT: 19 127.5
10.3
N/A N/A
JP
I
Ishii Iron Works Co Ltd
TSE:6362
210 169.2
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
28.6
15%
1.9
SE
Atlas Copco AB
STO:ATCO A
24.4
4%
6.1
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
39
N/A N/A
US
Barnes Group Inc
NYSE:B
11.8
43%
0.3
US
Illinois Tool Works Inc
NYSE:ITW
19.4
4%
4.8
SE
Sandvik AB
STO:SAND
20.1
8%
2.5
CH
Schindler Holding AG
SIX:SCHP
23.6
10%
2.4
JP
Fanuc Corp
TSE:6954
31.8
N/A N/A
FI
K
Kone Oyj
OMXH:KNEBV
24.2
10%
2.4