On the valuation front, considering its FY25 estimated Ebitda, UltraTech is trading at an enterprise value of 15.2 times its Ebitda. This is quite attractive when compared to its past three-year average EV/Ebitda of 22.2.

Synopsis

There are a few reasons why analysts have raised their forecast on the company’s operating profit or earnings before interest, tax, depreciation and amortisation (Ebitda).

ET Intelligence Group: After UltraTech Cement met market expectations with its fiscal second-quarter financial performance, analysts have upgraded their estimates on the operating profit of the nation’s largest cement manufacturer for this fiscal year by 2-7%.There are a few reasons why analysts have raised their forecast on the company’s operating profit or earnings before interest, tax, depreciation and amortisation (Ebitda).There is a

BY

ET Bureau

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