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Polycab India Ltd
NSE:POLYCAB

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Polycab India Ltd
NSE:POLYCAB
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Price: 8 155.5 INR -1.19% Market Closed
Market Cap: ₹1.2T

P/FCFE

70.5
Current
39%
Cheaper
vs 3-y average of 116.2

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
70.5
=
Market Cap
₹1.3T
/
Free Cash Flow to Equity
₹17.4B

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
70.5
=
Market Cap
₹1.3T
/
Free Cash Flow to Equity
₹17.4B

Valuation Scenarios

Polycab India Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (116.2), the stock would be worth ₹13 443.46 (65% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-29%
Maximum Upside
+65%
Average Upside
8%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 70.5 ₹8 155.5
0%
3-Year Average 116.2 ₹13 443.46
+65%
5-Year Average 66.6 ₹7 700.19
-6%
Industry Average 71.6 ₹8 284.1
+2%
Country Average 49.7 ₹5 755.35
-29%

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
Polycab India Ltd
NSE:POLYCAB
1.2T INR 70.5 46.6
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 25.8 26.1
FR
Schneider Electric SE
PAR:SU
152.7B EUR 21.4 36.7
CH
Abb Ltd
SIX:ABBN
138.7B CHF 39.2 35.7
IE
Eaton Corporation PLC
NYSE:ETN
159.3B USD 44.2 39
US
Vertiv Holdings Co
NYSE:VRT
117.6B USD 51.5 75.4
US
Emerson Electric Co
NYSE:EMR
76.7B USD 9.5 33.2
KR
LG Energy Solution Ltd
KRX:373220
110.4T KRW 227.3 -103.2
JP
Fujikura Ltd
TSE:5803
10.4T JPY 579.2 72.2
US
AMETEK Inc
NYSE:AME
52.2B USD 32.3 35.3
FR
Legrand SA
PAR:LR
39.1B EUR 16.3 31.4
P/E Multiple
Earnings Growth PEG
IN
Polycab India Ltd
NSE:POLYCAB
Average P/E: 43.2
46.6
23%
2
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
26.1
22%
1.2
FR
Schneider Electric SE
PAR:SU
36.7
23%
1.6
CH
Abb Ltd
SIX:ABBN
35.7
13%
2.7
IE
Eaton Corporation PLC
NYSE:ETN
39
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
75.4
43%
1.8
US
Emerson Electric Co
NYSE:EMR
33.2
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -103.2 N/A N/A
JP
Fujikura Ltd
TSE:5803
72.2
44%
1.6
US
AMETEK Inc
NYSE:AME
35.3
14%
2.5
FR
Legrand SA
PAR:LR
31.4
14%
2.2

Market Distribution

In line with most companies in India
Percentile
62nd
Based on 1 683 companies
62nd percentile
70.5
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

Polycab India Ltd
Glance View

In the bustling marketplace of electrical goods, Polycab India Ltd. has steadily woven its narrative as a pioneering force. Originating from humble beginnings in the late 1960s, the company has ascended the industrial ladder through its prowess in the manufacturing and distribution of wires and cables. A vital artery in India’s infrastructure sector, Polycab's portfolio spans across a diverse spectrum, including power cables, control cables, instrumentation cables, and a variety of other offerings. By strategically positioning itself at the confluence of reliability and innovation, Polycab has cultivated a reputation synonymous with quality, supported by extensive distribution networks spread across both urban and rural territories. Beyond cables, Polycab has adeptly diversified its product line to include an array of Fast Moving Electrical Goods (FMEG) such as electric fans, lighting, and switches. This diversification is not just a tangent to their core operations but a strategic extension, allowing the company to capitalize on cross-selling opportunities and enhance its brand presence in consumer markets. The company's robust manufacturing facilities, buttressed by its investments in research and development, fuel its continuous growth. By focusing on leveraging its well-established supply chains and maintaining stringent quality standards, Polycab navigates through the competitive landscape, generating revenues that stem from not just mere transactions, but through fostering enduring relationships with its clientele.

POLYCAB Intrinsic Value
5 308.49 INR
Overvaluation 35%
Intrinsic Value
Price ₹8 155.5
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