Real Eco-Energy Ltd. (REALECO.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-69.7%

₹1.20

vs ₹3.95 price

Levered DCF

₹0.19

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	118.11×	75.66×	358.06×	770.27×	-7.67×	6×	-2.71×	-3×
P/B	6.96×	8.53×	11.57×	2.19×	1.16×	0.29×	0.9×	0.56×
P/S	18.89×	16.22×	114.55×	1.8×	0×	0×	0×	1.54×
EV / EBITDA	159.25×	81×	363.44×	702.15×	-68.05×	-58.04×	-68.46×	17.71×
Gross margin	20.5%	25.7%	48.2%	2.0%	0.0%	0.0%	0.0%	25.6%
Operating margin	15.9%	21.6%	46.6%	1.6%	0.0%	0.0%	0.0%	-55.3%
Net margin	16.0%	21.4%	32.0%	0.2%	0.0%	0.0%	0.0%	-51.0%
Current ratio	8.7×	10.92×	8.27×	2.39×	8.07×	7.98×	6.95×	7.6×
Debt / equity	2.73×	0.76×	0.84×	0.87×	0.87×	0.76×	0.78×	0.67×
Interest coverage	0×	0×	0×	1,111×	-252×	-319.72×	0×	-15,712.24×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	5.9%	11.3%	3.2%	0.3%	-15.1%	4.9%	-33.2%	-18.7%
Return on invested capital	1.5%	6.4%	2.5%	0.9%	-0.2%	0.3%	-8.8%	-11.2%
Return on assets	1.5%	5.9%	1.6%	0.1%	-7.2%	2.5%	-16.3%	-10.1%
Free cash flow yield	6.2%	1.1%	-0.1%	0.3%	-0.8%	-6.3%	12.8%	61.2%
Earnings yield	0.8%	1.3%	0.3%	0.1%	-13.0%	16.9%	-36.9%	-33.2%
Enterprise value	₹648.3M	₹588.5M	₹714.2M	₹169.2M	₹112.4M	₹65.8M	₹100.9M	₹98.8M
Net debt / EBITDA	43.5×	6.28×	24.51×	196.99×	-28.97×	-41.73×	-31.3×	9.53×
Cash conversion cycle (days)	774	838	4,752	238	0	0	0	477