Spicejet Intrinsic Value

SPICEJET • Aviation
Current Stock Price
₹29.37
Primary Intrinsic Value
₹17.51
Market Cap
₹4150 Cr
-40.4% Downside
Median Value
₹17.51
Value Range
₹12 - ₹18
Assessment
Trading Above Calculated Value
Safety Margin
-67.7%

SPICEJET Valuation Methods Summary

Method Type Intrinsic Value Range Upside/Downside Details
Revenue Multiple Method revenue ₹17.51 ₹15.76 - ₹19.26 -40.4% Revenue/Share: ₹21.88, P/S: 0.8x
Simple DCF (5Y) dcf ₹11.75 ₹9.40 - ₹14.10 -60.0% CF Growth: 5.0%, Discount: 15%
Method Types: Earnings Asset DCF Growth Dividend Conservative

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Valuation Comparison Chart

SPICEJET Intrinsic Value Analysis

What is the intrinsic value of SPICEJET?

Based on our comprehensive analysis using 2 different valuation methods, the estimated intrinsic value of Spicejet (SPICEJET) is ₹17.51 (median value). With the current market price of ₹29.37, this represents a -40.4% variance from our estimated fair value.

The valuation range spans from ₹11.75 to ₹17.51, indicating ₹11.75 - ₹17.51.

Is SPICEJET undervalued or overvalued?

Based on our multi-method analysis, Spicejet (SPICEJET) appears to be trading above calculated value by approximately 40.4%.

Financial Health Analysis

Financial Metric Current Value Industry Benchmark Assessment Impact on Valuation
Current Ratio 1.46 Industry Standard: 2.0+ Below 1.5 Measures short-term liquidity capacity
Debt to Equity Ratio -3.39 Industry Standard: <0.5 Below 0.5 Indicates financial leverage level
Return on Equity 128.0% Industry Standard: 15%+ Above 15% Measures shareholder return efficiency
Operating Margin -68.0% Industry Standard: 20%+ Below 10% Indicates operational efficiency level
Asset Turnover Ratio 0.47x Industry Standard: 1.0x+ Below 0.5x Measures asset utilization efficiency

Cash Flow Quality Analysis

Period Operating Cash Flow Free Cash Flow Cash Flow Quality Sustainability Score
March 2025 ₹-1,689 Cr ₹-2,011 Cr Negative Cash Flow 3/10
March 2024 ₹-596 Cr ₹-596 Cr Negative Cash Flow 3/10
March 2023 ₹82 Cr ₹82 Cr Positive Free Cash Flow 8/10
March 2022 ₹1,004 Cr ₹930 Cr Positive Free Cash Flow 8/10
March 2021 ₹228 Cr ₹228 Cr Positive Free Cash Flow 8/10