Risk factor
Sufficiently resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
Ashoka Buildcon Limited is an infrastructure development enterprise based in India. The company operates through three principal divisions: Construction & Contract Related Activity, Built, Operate and Transfer (BOT) projects, and the Sale of Goods. It undertakes the construction of various infrastructure facilities, leveraging both Engineering, Procurement, and Construction (EPC) and Build-Operate-Transfer (BOT) methodologies. Its diverse portfolio includes projects like highways, bridges, power plants, buildings, urban gas distribution systems, and railway infrastructure. Furthermore, the company sells ready-mix concrete and properties within the real estate market. Ashoka Buildcon also extends its services to developing software for educational institutions, gas distribution, and offering consultancy. The company, established in 1976, is headquartered in Nashik, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of ASHOKA.NS is 178 and suggests 43% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in