Garden Reach Shipbuilders & Engineers Ltd
NSE:GRSE

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Garden Reach Shipbuilders & Engineers Ltd
NSE:GRSE
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Price: 2 930.8 INR -4.62% Market Closed
Market Cap: ₹335.7B

EV/IC

5.3
Current
92%
More Expensive
vs 3-y average of 2.8

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
5.3
=
Enterprise Value
₹244.3B
/
Invested Capital
₹56.6B

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
5.3
=
Enterprise Value
₹244.3B
/
Invested Capital
₹56.6B

Valuation Scenarios

Garden Reach Shipbuilders & Engineers Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (2.8), the stock would be worth ₹1 522.82 (48% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-90%
Maximum Upside
+23%
Average Downside
43%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 5.3 ₹2 930.8
0%
3-Year Average 2.8 ₹1 522.82
-48%
5-Year Average 0.6 ₹307.66
-90%
Industry Average 6.6 ₹3 600.67
+23%
Country Average 2.3 ₹1 243.58
-58%

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
Garden Reach Shipbuilders & Engineers Ltd
NSE:GRSE
335.7B INR 5.3 48.6
US
Raytheon Technologies Corp
NYSE:RTX
237.1B USD 1.8 32.4
US
RTX Corp
LSE:0R2N
235B USD 1.8 32.4
US
Boeing Co
NYSE:BA
180.5B USD 1.6 94.1
NL
Airbus SE
PAR:AIR
137.7B EUR 1.3 26.4
UK
Rolls-Royce Holdings PLC
LSE:RR
101.3B GBP 4.9 17.3
FR
Safran SA
PAR:SAF
113.8B EUR 2.6 15.9
US
Lockheed Martin Corp
NYSE:LMT
118.6B USD 2.6 24.6
US
Howmet Aerospace Inc
NYSE:HWM
97.6B USD 10.3 64.3
US
General Dynamics Corp
NYSE:GD
93.1B USD 1.9 22.2
UK
BAE Systems PLC
LSE:BA
61.3B GBP 2.2 29.6

Market Distribution

Higher than 77% of companies in India
Percentile
77th
Based on 2 828 companies
77th percentile
5.3
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

Garden Reach Shipbuilders & Engineers Ltd
Glance View

In the bustling corridors of India's defense and maritime manufacturing realm, Garden Reach Shipbuilders & Engineers Ltd. (GRSE) stands as a stalwart symbol of engineering prowess and innovation. Founded in 1884 and headquartered in Kolkata, GRSE has carved its space as one of the premier shipbuilding companies in the nation. With a rich historical lineage, it stepped into government ownership post-1947 and went on to play a pivotal role in modernizing India's naval fleet. From designing complex warships to producing lightweight assault crafts, GRSE's core competency lies in its ability to deliver high-quality, technologically advanced vessels. The company's extensive capabilities are not limited to naval builds; they encompass civil infrastructure ventures, such as bridges and deck machinery, signifying its strategic diversification approach. GRSE generates revenue through a blend of defense contracts and product sales, with a primary focus on catering to the maritime needs of the Indian Navy and Coast Guard. Each project commences with a robust bidding process where GRSE contends with global and domestic competitors. Its competitive edge is honed by its state-of-the-art facilities, innovative R&D, and a skilled workforce committed to excellence. The company also eyes international waters, seeking export opportunities in friendly foreign nations to further consolidate its revenue streams. By maintaining synergies between government military objectives and its shipbuilding expertise, GRSE not only reinforces its financial health but also fortifies India's defense capabilities, thereby securing a crucial segment in the nation's strategic industrial framework.

GRSE Intrinsic Value
1 535.21 INR
Overvaluation 48%
Intrinsic Value
Price ₹2 930.8
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