ARMOUR SECURITY (INDIA) L Fair Value
ARMOUR · Services · Current price ₹18.65
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹32 | 16% ROE fading to 13% over ~10 yrs, on ₹28 book |
| Relative P/E | ₹39 | EPS × 12.3 peer-median P/E |
| Graham floor | ₹44 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is ARMOUR SECURITY (INDIA) L undervalued?
DocStoX estimates the fair value of ARMOUR SECURITY (INDIA) L at ₹36 per share, versus the current market price of ₹19. That puts the stock about +92.2% below our fair-value estimate, which we read as "Strong Buy". Our confidence in this estimate is high.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹32), Relative P/E (₹39), Graham floor (₹44). 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 ₹30 (bear) to ₹36 (base) to ₹44 (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 ARMOUR SECURITY (INDIA) L
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.