THE HI-TECH GEARS LIMITED Fair Value
HITECHGEAR · Automobile and Auto Components · Current price ₹565
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹249 | 4% ROE fading to 13% over ~3 yrs, on ₹278 book |
| Relative P/E | ₹492 | EPS × 44.1 peer-median P/E |
| Graham floor | ₹264 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is THE HI-TECH GEARS LIMITED undervalued?
DocStoX estimates the fair value of THE HI-TECH GEARS LIMITED at ₹315 per share, versus the current market price of ₹565. That puts the stock about -44.3% 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 3 independent methods: Residual income (₹249), Relative P/E (₹492), Graham floor (₹264). 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 ₹249 (bear) to ₹315 (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 THE HI-TECH GEARS 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.