HIGHWAY INFRASTRUCTURE L Fair Value

HILINFRA · Transport · Current price ₹43.91

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DocStoX fair value
₹53
medium confidence
Current price
₹44
Upside to fair value
+20.8%
Verdict
Buy
Quality score
5.7 / 10
Valuation methods
MethodFair valueStatus
Residual income₹4219% ROE fading to 13% over ~10 yrs, on ₹32 book
Relative P/E₹73EPS × 16.2 peer-median P/E
Graham floor₹57Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with HIGHWAY INFRASTRUCTURE L's latest numbers.

Is HIGHWAY INFRASTRUCTURE L undervalued?

DocStoX estimates the fair value of HIGHWAY INFRASTRUCTURE L at ₹53 per share, versus the current market price of ₹44. That puts the stock about +20.8% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is medium.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹42), Relative P/E (₹73), Graham floor (₹57). 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 ₹42 (bear) to ₹53 (base) to ₹73 (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 HIGHWAY INFRASTRUCTURE L

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.