Relative Valuation

Market Data Financial Data

Price Market Cap EV Sales EBITDA
Company Name (Rs./share) (Rs.CR) (Rs.CR)CR) (Rs.CR) (Rs.CR)
IdeaForge 985 4,103 4,105 186 58
Astra Microwave 361 3,430 2,371 258 169
Data Patterns 2090 11,703 4,183 453 180
MTAR Technologies 2211 6,807 4,839 573 172

Average
Median
Financial Data
EBIT Earnings EV/EBITDA P/E
(Rs.CR) (Rs.CR) x x P/E Model EV/EBITDA Model
46 32 89.9x 128.3x EPS Share Price EBITDA
145 70 23.4x 47.0x 44.78 2105.1078 65.93
172 124 59.6x 87.2x
154 104 40.9x 66.9x

53.5x 82.4x
50.3x 77.1x
EV/EBITDA Model
Share Price
1540.7841