Bharat Electronics Intrinsic Value
Bharat Electronics (BEL) median intrinsic value is ₹299.64 from 9 valuation models (range ₹125–₹833), vs current price ₹416.55 — -28.1% downside (Trading Above Calculated Value), margin of safety -39.0%. Also explore BEL price trends to track price trends across different timeframes.
BEL Valuation Methods Summary — DCF, Graham Number & P/E
Bharat Electronics intrinsic value across 9 models vs current price ₹416.55 — upside/downside and value range per method. Browse Bharat Electronics annual reports for revenue, profit, balance sheet and cash flow data.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹145.92 | ₹116.74 - ₹175.10 | -65.0% | EPS: ₹12.16, Sector P/E: 12x |
| Book Value Method | asset | ₹328.15 | ₹295.33 - ₹360.97 | -21.2% | Book Value/Share: ₹328.15, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹452.42 | ₹407.18 - ₹497.66 | +8.6% | Revenue/Share: ₹565.53, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹833.10 | ₹749.79 - ₹916.41 | +100.0% | EBITDA: ₹12368.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹166.62 | ₹133.30 - ₹199.94 | -60.0% | CF Growth: 5.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹124.97 | ₹112.47 - ₹137.47 | -70.0% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹124.97 | ₹112.47 - ₹137.47 | -70.0% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹833.10 | ₹749.79 - ₹916.41 | +100.0% | ROE: 37.1%, P/E Multiple: 16x |
| Graham Defensive Method | conservative | ₹299.64 | ₹269.68 - ₹329.60 | -28.1% | EPS: ₹12.16, BVPS: ₹328.15 |
BEL Intrinsic Value vs Market Price — All Valuation Models
Bharat Electronics fair value range ₹125–₹833 vs current market price ₹416.55 across 9 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 ₹299.64, current price ₹416.55 — Trading Above Calculated Value by 28.1%, margin of safety -39.0%.
What is the intrinsic value of BEL?
Based on our comprehensive analysis using 9 different valuation methods, the estimated intrinsic value of Bharat Electronics (BEL) is ₹299.64 (median value). With the current market price of ₹416.55, this represents a -28.1% variance from our estimated fair value.
The valuation range spans from ₹124.97 to ₹833.10, indicating ₹124.97 - ₹833.10.
Is BEL undervalued or overvalued?
Based on our multi-method analysis, Bharat Electronics (BEL) appears to be trading above calculated value by approximately 28.1%.
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 2025 | ₹587 Cr | ₹587 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 |
| March 2021 | ₹5,093 Cr | ₹3,796 Cr | Positive Free Cash Flow | 8/10 |