ELECTROSTEEL CASTINGS LTD Fair Value
ELECTCAST · Capital Goods · Current price ₹83.77
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹85 | 3% ROE fading to 13% over ~3 yrs, on ₹96 book |
| Relative P/E | ₹92 | EPS × 35.1 peer-median P/E |
| Graham floor | ₹75 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹76 | Street consensus 12-month target price |
Is ELECTROSTEEL CASTINGS LTD undervalued?
DocStoX estimates the fair value of ELECTROSTEEL CASTINGS LTD at ₹83 per share, versus the current market price of ₹84. That puts the stock about -0.8% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is high.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹85), Relative P/E (₹92), Graham floor (₹75), Analyst target (₹76). 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 ₹71 (bear) to ₹83 (base) to ₹96 (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 ELECTROSTEEL CASTINGS 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.