GRINDWELL NORTON LIMITED Fair Value
GRINDWELL · Capital Goods · Current price ₹1,980
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹272 | 16% ROE fading to 12% over ~10 yrs, on ₹229 book |
| Relative P/E | ₹2,173 | EPS × 57.9 peer-median P/E |
| Graham floor | ₹440 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹2,169 | Street consensus 12-month target price |
Is GRINDWELL NORTON LIMITED undervalued?
DocStoX estimates the fair value of GRINDWELL NORTON LIMITED at ₹1,073 per share, versus the current market price of ₹1,980. That puts the stock about -45.8% 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 4 independent methods: Residual income (₹272), Relative P/E (₹2,173), Graham floor (₹440), Analyst target (₹2,169). 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 ₹272 (bear) to ₹1,073 (base) to ₹2,173 (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 GRINDWELL NORTON 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.