Garware Marine Industries Ltd Fair Value

GARWAMAR · Textiles · Current price ₹19.79

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DocStoX fair value
₹15
medium confidence
Current price
₹20
Upside to fair value
-26.1%
Verdict
Avoid
Quality score
3.4 / 10
Valuation methods
MethodFair valueStatus
Residual income₹162% ROE fading to 12% over ~3 yrs, on ₹18 book
Relative P/E₹15EPS × 70.8 peer-median P/E
Graham floor₹9Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with Garware Marine Industries Ltd's latest numbers.

Is Garware Marine Industries Ltd undervalued?

DocStoX estimates the fair value of Garware Marine Industries Ltd at ₹15 per share, versus the current market price of ₹20. That puts the stock about -26.1% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is medium.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹16), Relative P/E (₹15), Graham floor (₹9). 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 ₹9 (bear) to ₹15 (base) to ₹17 (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 Garware Marine Industries 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.