AJAX ENGINEERING LIMITED Fair Value
AJAXENGG · Capital Goods · Current price ₹572.9
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹184 | 16% ROE fading to 12% over ~20 yrs, on ₹122 book |
| Relative P/E | ₹1,139 | EPS × 57.9 peer-median P/E |
| Graham floor | ₹232 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹692 | Street consensus 12-month target price |
Is AJAX ENGINEERING LIMITED undervalued?
DocStoX estimates the fair value of AJAX ENGINEERING LIMITED at ₹502 per share, versus the current market price of ₹573. That puts the stock about -12.4% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹184), Relative P/E (₹1,139), Graham floor (₹232), Analyst target (₹692). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹184 (bear) to ₹502 (base) to ₹1,139 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on AJAX ENGINEERING LIMITED
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.