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Kaynes Technology India Ltd
NSE:KAYNES

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Kaynes Technology India Ltd
NSE:KAYNES
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Price: 4 044.4 INR -1.66% Market Closed
Market Cap: ₹271.1B

EV/IC

5.5
Current
54%
Cheaper
vs 3-y average of 11.8

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
5.5
=
Enterprise Value
₹254.5B
/
Invested Capital
₹48B

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
5.5
=
Enterprise Value
₹254.5B
/
Invested Capital
₹48B

Valuation Scenarios

Kaynes Technology India Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (11.8), the stock would be worth ₹8 722.33 (116% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-59%
Maximum Upside
+116%
Average Upside
37%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 5.5 ₹4 044.4
0%
3-Year Average 11.8 ₹8 722.33
+116%
5-Year Average 11.8 ₹8 661.74
+114%
Industry Average 4.2 ₹3 116.02
-23%
Country Average 2.3 ₹1 671.4
-59%

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
Kaynes Technology India Ltd
NSE:KAYNES
271.1B INR 5.5 69.8
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
1.2T CNY 6 30.7
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
3.1T TWD 1.2 16.2
CH
TE Connectivity Ltd
NYSE:TEL
60.6B USD 2.9 20.9
CA
Celestica Inc
TSX:CLS
64.1B CAD 10 57
US
Jabil Inc
NYSE:JBL
36.2B USD 3.7 44.8
SG
Flex Ltd
NASDAQ:FLEX
34.6B USD 3.2 40.7
KY
Fabrinet
NYSE:FN
25.3B USD 15.8 66.5
US
TTM Technologies Inc
NASDAQ:TTMI
16.4B USD 6 92.2
TW
FIH Mobile Ltd
F:FW3
11.5B EUR 14.3 252.8
US
Sollensys Corp
OTC:SOLS
12.8B USD 3.4 53.3

Market Distribution

Higher than 78% of companies in India
Percentile
78th
Based on 2 828 companies
78th percentile
5.5
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

Kaynes Technology India Ltd
Glance View

Market Cap
271.1B INR
Industry
Electrical Equipment

Nestled in the bustling city of Mysore, Kaynes Technology India Ltd. emerges as a pivotal player in the realm of electronic manufacturing services (EMS), a sector often regarded as the backbone of the technological world. Founded with a vision to bridge the gaps in the electronics value chain, Kaynes Technology specializes in the end-to-end solutions of designing, engineering, and manufacturing electronics systems. From humble beginnings, the company has steadily evolved to cater to a diverse clientele spanning sectors such as industrial, automotive, medical, and IT. By providing extensive design services, prototyping, and electronic manufacturing, Kaynes ensures that innovative ideas seamlessly transform into tangible products. This integrated approach not only amplifies efficiency but also significantly reduces the time-to-market for its customers, making it an indispensable partner in the fiercely competitive electronics marketplace. At the heart of Kaynes Technology’s operational model lies a robust framework of vertically integrated services, which is crucial for revenue generation. By offering comprehensive solutions, the company capitalizes on multiple revenue streams within the product lifecycle. Its revenue model predominantly relies on Original Equipment Manufacturer (OEM) contracts, where it manufactures products based on the designs provided by these firms. Additionally, it extends its expertise in Original Design Manufacturing (ODM) services by creating customized designs that meet the specific demands of different industries. This blend of OEM and ODM services not only diversifies its revenue avenues but also cements its status as a well-rounded EMS provider. Through strategic investments in cutting-edge technology and a relentless focus on quality assurance, Kaynes Technology continues to thrive, marking its presence both domestically and internationally while securing a robust and enduring position in the electronics supply chain.

KAYNES Intrinsic Value
3 320.31 INR
Overvaluation 18%
Intrinsic Value
Price ₹4 044.4
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