EIMCO ELECON (INDIA) LTD Fair Value
EIMCOELECO · Capital Goods · Current price ₹2,178.2
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹772 | 8% ROE fading to 12% over ~3 yrs, on ₹805 book |
| Relative P/E | ₹3,885 | EPS × 57.9 peer-median P/E |
| Graham floor | ₹1,103 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹2,106 | Street consensus 12-month target price |
Is EIMCO ELECON (INDIA) LTD undervalued?
DocStoX estimates the fair value of EIMCO ELECON (INDIA) LTD at ₹1,772 per share, versus the current market price of ₹2,178. That puts the stock about -18.6% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹772), Relative P/E (₹3,885), Graham floor (₹1,103), Analyst target (₹2,106). 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 ₹772 (bear) to ₹1,772 (base) to ₹3,885 (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 EIMCO ELECON (INDIA) LTD
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.

