For the benefit of members here I’m copying below valuation done by the much respected WallStreet on TEC. Due credit to him.
EXPO has already reported an EPS of Rs5.54 for the 9months ending 31/12/20.
*June - Rs0.89 + Sep - Rs2.32 + Dec - Rs2.33
*Expected EPS for - March Q21
01.Rs1.0 + Rs5.54 = Expected annual EPS Rs6.54
02.Rs1.50 + Rs5.54 = EA EPS Rs7.04
03.Rs1.75 + Rs5.54 = EA EPS Rs7.29
04.Rs2.0 + Rs5.54 = EA EPS Rs7.54
05.Rs2.25 + Rs5.54 = EA EPS Rs7.79
06. Rs2.50 + Rs5.54 = EA EPS Rs8.04
07. Rs2.75 + Rs5.54 = EA EPS Rs8.29
08. Rs3.0 + Rs5.54 = EA EPS Rs8.54
*My personal expectation range for March Q21 EPS is in between of Rs1.75 - Rs2.50 levels. (Minimum risk expectation)
*Even though market EPS is around 13.7 times if we applied PE 8 times for above 4 scenarios
01Rs7.29 * PE 8 = Rs58.32
02.Rs7.54 * PE 8 = Rs60.32
03.Rs7.79 * PE 8 = Rs62.32
04.Rs8.04 *PE 8 = Rs64.32
*PE of 8 times is one of lowest taken for the calculation to minimize the risk factor...
*However just calculate & see if we apply PE 10 times for the above 4 scenarios for calculation of the EXPO future price.