Campus Activewear Limited Fair Value
CAMPUS · Consumer Durables · Current price ₹203.04
Is Campus Activewear Limited undervalued?
We estimate the fair value of Campus Activewear Limited at ₹45 per share, against a market price of ₹214. That puts the share price about -79.0% above our estimate, at medium confidence. This is our view of what the business is worth, not a target price or a forecast of where the share price will go.
How this fair value is calculated
This estimate comes from 2 methods: Discounted cash flow (2-stage) (₹45), PEG (growth-implied P/E) (₹44). Each is weighted by how well its inputs held up for this company. The full working, including the assumptions and what data was missing, is set out below.
The range around this estimate
Our estimate for Campus Activewear Limited spans ₹41 to ₹50. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.
How we got this fair value
Every number below is part of the same estimate for Campus Activewear Limited. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹41 – ₹50
Why this method for this business
The DCF model is appropriate for a consumer discretionary business with a clear earnings trajectory. The relative PE and PEG models provide additional validation by anchoring the valuation to market multiples and growth expectations.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path
₹378 is a gross outlier vs the ₹45 model consensus (outside 0.33×–3×) — likely a data error / wrong model for this business
- No other models are relevant for a consumer discretionary business with stable cash flows and a clear growth path.
What was missing
- Lack of forward-looking analyst estimates for key financial metrics
- Limited data on brand equity and market share dynamics
What drives it
15 inputs, grouped by how strong each claim is
- FCF_0 (normalized)
- 70 ₹cr
- Net debt
- 236.2 ₹cr
- Earnings growth
- 8.7% CAGR
- EPS (TTM)
- 5.04 ₹/share
fcf_norm (median ≤5y positive)
gross debt (cash n/a)
computed
computed
- Discount rate (r)
- 14.78%
- Beta
- 1.05
COE (building-block)
bottom-up industry
- Stage-1 start growth
- 20%
- Fade shape
- linear
- Terminal growth (g)
- 5.38%
- Stage-1 years
- 10 y
pat_cagr_5y
lifecycle Growth
macro terminal × quality premium
lifecycle Growth horizon
- Lifecycle stage
- Growth
- Quality premium
- 1.076×
forecast engine (L20)
moat Narrow + capital allocation
- Path
- FCFE
- Terminal-value fraction
- 0.476
- Growth-implied P/E
- 8.7×
computed (D/E vs 0.8)
PV_TV / (PV_1+PV_TV)
min(growth, 30)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Campus Activewear Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 14 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on Campus Activewear Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.