HAPPIEST MINDS TECHNO LTD Fair Value
HAPPSTMNDS · Information Technology · Current price ₹356.6
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹117 | 14% ROE fading to 13% over ~10 yrs, on ₹111 book |
| Relative P/E | ₹321 | EPS × 23.0 peer-median P/E |
| Graham floor | ₹187 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹492 | Street consensus 12-month target price |
Is HAPPIEST MINDS TECHNO LTD undervalued?
DocStoX estimates the fair value of HAPPIEST MINDS TECHNO LTD at ₹240 per share, versus the current market price of ₹357. That puts the stock about -32.6% 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 (₹117), Relative P/E (₹321), Graham floor (₹187), Analyst target (₹492). 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 ₹117 (bear) to ₹240 (base) to ₹492 (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 HAPPIEST MINDS TECHNO 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.

