Assessment of Listed Cement Companies in India with Reference to Specific Valuation Parameters

Aim This study aims to assess selected listed cement companies in India in terms of specific valuation parameters. Methodology Approach The study uses secondary sources of data collected. The data period ranged from 2017 2018 to 2021 2022. The various tools and techniques used are Valuation metrics analysis. Enterprise Value EV , EV Net Operating Revenue, EV EBITDA and P E Ratio and Descriptive statistics Mean, Standard Deviation SD , Coefficient of Variation CV and Compound Annual Growth Rate CAGR . Summary The study found that UltraTech Cements Ltd. is the most valued company in terms of enterprise value. Shree Cements Ltd. commanded the highest P E ratio as well as higher valuation for EV Net Operating Revenue and EV EBITDA parameter among them all. ACC Ltd. Heidelberg Cement India Ltd. ranked lower in terms of total enterprise value, EV Net Operating Revenue, and EV EBITDA parameter among them all. While Heidelberg Cement India Ltd. commanded lowest mean P E ratio. Barring the variance in price to earnings data Ambuja Cements Ltd. witnessed high variability measured in terms of CV across the metrics of EV, EV Net Operating Revenue and EV EBITDA. At the same time UltraTech Cements Ltd. witnessed highest volatility in its P E ratio as measured by CV for run on the five years data. Bhavesh A. Prabhakar | Dr. Gurudutta P. Japee "Assessment of Listed Cement Companies in India with Reference to Specific Valuation Parameters" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-2 , April 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd56229.pdf Paper URL: https://www.ijtsrd.com.com/management/accounting-and-finance/56229/assessment-of-listed-cement-companies-in-india-with-reference-to-specific-valuation-parameters/bhavesh-a-prabhakar