Garg Furnace Ltd Fair Value

GARGFUR · Industrial Products · Current price ₹159

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DocStoX fair value
₹200
low confidence
Current price
₹159
Upside to fair value
+25.6%
Verdict
Buy
Quality score
4.4 / 10
Valuation methods
MethodFair valueStatus
Residual income₹14110% ROE fading to 13% over ~3 yrs, on ₹145 book
Relative P/E₹302EPS × 21.1 peer-median P/E
Graham floor₹217Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with Garg Furnace Ltd's latest numbers.

Is Garg Furnace Ltd undervalued?

DocStoX estimates the fair value of Garg Furnace Ltd at ₹200 per share, versus the current market price of ₹159. That puts the stock about +25.6% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹141), Relative P/E (₹302), Graham floor (₹217). 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 ₹141 (bear) to ₹200 (base) to ₹302 (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 Garg Furnace 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.