EIMCO ELECON (INDIA) LTD Valuation

EIMCOELECO · Capital Goods · Current price ₹1,833.4

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DocStoX fair value
₹1,900
low confidence
Current price
₹1,833
Upside
+3.6%
P/E ratio
21.6x
P/B ratio
2.2x
Verdict
Fairly Valued
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Is EIMCO ELECON (INDIA) LTD undervalued?

DocStoX estimates the fair value of EIMCO ELECON (INDIA) LTD at ₹1,900 per share, versus the current market price of ₹1,833. That puts the stock about +3.6% below 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 3 independent methods: Residual income (₹794), Relative P/E (₹4,477), Graham floor (₹1,243). 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 ₹794 (bear) to ₹1,900 (base) to ₹4,477 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Valuation multiples

EIMCO ELECON (INDIA) LTD trades at a P/E of 21.6x and a P/B of 2.2x, with a dividend yield of 0.2%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

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.