Endurance Technologies Q4FY18: PAT are expected to grow at a CAGR of 12%; Overweight

Firstcall India Equity | May 24, 2018, 2:25 p.m.

OUTLOOK AND CONCLUSION

At the current market price of Rs. 1257.50, the stock P/E ratio is at 43.44 x FY19E and 38.50 x F Y2OE respectively.

Earning per share (EPS) of the company for the earnings for FY19E and FY2OE is seen at Rs. 28.95 and Rs. 32.66, respectively.

Net Sales and PAT of the company are expected to grow at a CAGR of 10% and 12% over 2018 to 202GB, respectively.

On the basis of EV/EBITDA, the stock trades at 17.97 x for F Y19E and 15.98 x for F Y2OE.

Price to Book Value of the stock is expected to be at 7.65 x and 7.21 x for F Y19E and F Y2OE respectively.

Hence, we say that, we are Overweight in this particular scrip for Medium to Long term investment.



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