HI-TECH PIPES LIMITED Fair Value
HITECH · Capital Goods · Current price ₹79.68
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹60 | 6% ROE fading to 13% over ~3 yrs, on ₹66 book |
| Relative P/E | ₹81 | EPS × 21.6 peer-median P/E |
| Graham floor | ₹74 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹109 | Street consensus 12-month target price |
Is HI-TECH PIPES LIMITED undervalued?
DocStoX estimates the fair value of HI-TECH PIPES LIMITED at ₹75 per share, versus the current market price of ₹80. That puts the stock about -5.5% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹60), Relative P/E (₹81), Graham floor (₹74), Analyst target (₹109). 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 ₹60 (bear) to ₹75 (base) to ₹109 (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 HI-TECH PIPES 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.

