FORCE MOTORS LIMITED Fair Value
FORCEMOT · Automobile and Auto Components · Current price ₹17,750
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹3,935 | 29% ROE fading to 13% over ~3 yrs, on ₹3183 book |
| Relative P/E | ₹25,631 | EPS × 27.9 peer-median P/E |
| Graham floor | ₹8,115 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is FORCE MOTORS LIMITED undervalued?
DocStoX estimates the fair value of FORCE MOTORS LIMITED at ₹10,469 per share, versus the current market price of ₹17,750. That puts the stock about -41.0% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹3,935), Relative P/E (₹25,631), Graham floor (₹8,115). 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 ₹3,935 (bear) to ₹10,469 (base) to ₹25,631 (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 FORCE MOTORS LIMITED
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.

