Bharat Electronics Intrinsic Value
Bharat Electronics intrinsic value. Bharat Electronics (BEL) median intrinsic value is ₹299.76 from 10 valuation models (range ₹110–₹735), vs current price ₹367.30 — -18.4% downside (Trading Above Median Value), margin of safety -22.5%. Read BEL dividend history for the complete payout history and dividend yield track record.
BEL Valuation Methods Summary — DCF, Graham Number & P/E
Bharat Electronics intrinsic value across 10 models vs current price ₹367.30 — upside/downside and value range per method. Compare with Bharat Electronics valuation methods to assess whether the stock is under or overvalued.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹145.92 | ₹116.74 - ₹175.10 | -60.3% | EPS: ₹12.16, Sector P/E: 12x |
| Book Value Method | asset | ₹328.41 | ₹295.57 - ₹361.25 | -10.6% | Book Value/Share: ₹328.41, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹452.42 | ₹407.18 - ₹497.66 | +23.2% | Revenue/Share: ₹565.53, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹734.60 | ₹661.14 - ₹808.06 | +100.0% | EBITDA: ₹12368.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹195.71 | ₹156.57 - ₹234.85 | -46.7% | CF Growth: 5.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹110.19 | ₹99.17 - ₹121.21 | -70.0% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹110.19 | ₹99.17 - ₹121.21 | -70.0% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹734.60 | ₹661.14 - ₹808.06 | +100.0% | ROE: 37.1%, P/E Multiple: 16x |
| Graham Defensive Method | conservative | ₹299.76 | ₹269.78 - ₹329.74 | -18.4% | EPS: ₹12.16, BVPS: ₹328.41 |
| Dividend Yield Method | dividend | ₹110.19 | ₹99.17 - ₹121.21 | -70.0% | DPS: ₹2.50, Target Yield: 3.5% |
BEL Intrinsic Value vs Market Price — All Valuation Models
Bharat Electronics fair value range ₹110–₹735 vs current market price ₹367.30 across 10 valuation models. For current market price and key ratios, visit Bharat Electronics screener.
BEL Intrinsic Value Analysis — Undervalued or Overvalued?
Bharat Electronics median intrinsic value ₹299.76, current price ₹367.30 — Trading Above Median Value by 18.4%, margin of safety -22.5%.
What is the intrinsic value of BEL?
Based on our comprehensive analysis using 10 different valuation methods, the estimated intrinsic value of Bharat Electronics (BEL) is ₹299.76 (median value). With the current market price of ₹367.30, this represents a -18.4% variance from our estimated fair value.
The valuation range spans from ₹110.19 to ₹734.60, indicating ₹110.19 - ₹734.60.
Is BEL undervalued or overvalued?
Based on our multi-method analysis, Bharat Electronics (BEL) appears to be trading above median value by approximately 18.4%.
BEL Financial Health — Key Ratios vs Industry Benchmarks
Bharat Electronics financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Current Ratio | 29.94 | Industry Standard: 2.0+ | Above 2.0 | Measures short-term liquidity capacity |
| Return on Equity | 37.1% | Industry Standard: 15%+ | Above 15% | Measures shareholder return efficiency |
| Operating Margin | 29.0% | Industry Standard: 20%+ | Above 20% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.93x | Industry Standard: 1.0x+ | Above 0.5x | Measures asset utilization efficiency |
BEL Cash Flow Quality — Operating & Free Cash Flow
Bharat Electronics operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2026 | ₹1,541 Cr | ₹1,541 Cr | Positive Free Cash Flow | 8/10 |
| March 2025 | ₹564 Cr | ₹564 Cr | Positive Free Cash Flow | 8/10 |
| March 2024 | ₹4,660 Cr | ₹1,698 Cr | Positive Free Cash Flow | 7/10 |
| March 2023 | ₹1,199 Cr | ₹1,199 Cr | Positive Free Cash Flow | 8/10 |
| March 2022 | ₹4,207 Cr | ₹1,771 Cr | Positive Free Cash Flow | 7/10 |