Sector landing page

Capital Goods valuations

Capital goods names (LT, SIEMENS, ABB, BHEL, BEL, HAL, plus tier-2 engineering and rail-electrification names) inherit generic-sector defaults. Capex-cycle linked revenue is volatile, so DCF assumptions stay conservative — terminal growth is not lifted above country default. Reverse-DCF on this cohort is the more analyst-meaningful lens; see each ticker's analysis page for the implied-growth read.

Tickers
10
Median MoS
-70.1%
Median score
40
Median ROE
15.3%

Verdict distribution

Undervalued0Fairly valued1Overvalued3

Cohort constituents

HAL6523.5Fairly valued
LT50-43.3data_limited
BEL50-34.3Overvalued
SIEMENS40-71.1data_limited
ABB40-74.1data_limited
CUMMINSIND40-69.1Overvalued
THERMAX40-73.6data_limited
KEC32-30.6Overvalued
BHEL22-93.4data_limited
TIINDIA15-92.1data_limited