JBM Auto Limited DCF Valuation
JBMA · Automobile and Auto Components · Current price ₹540.4
JBM Auto Limited cash-flow valuation
Our engine did not use a discounted-cash-flow model for JBM Auto Limited. It routes each business to the methods that suit it, and a DCF is a poor lens where cash-flow forecasts are fragile or the business is capital-structure driven. The methods it did use, and why, are set out below. Our published estimate is ₹675.
Try your own assumptions
Prefer to build the discounted cash flow yourself? The DCF calculator below opens pre-filled with JBM Auto Limited's reported free cash flow, net debt and share count, so you can set your own growth and discount rate.
How we got this fair value
Every number below is part of the same estimate for JBM Auto Limited. Nothing here is a target price or a forecast of where the share price will go.
The inputs are thin or the models disagree sharply. This is our least reliable kind of estimate, so read the range rather than the single number.
Estimate range ₹608 – ₹743
Why this method for this business
Normalized earnings (mid-cycle EV/EBITDA) and EV/EBITDA are the most appropriate models for a cyclical business like auto components, where earnings and EBITDA are sensitive to macroeconomic cycles.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Cyclical valued off mid-cycle earnings and a through-cycle EV/EBITDA (§6.6)
required inputs missing
- Relative PE is not used due to lack of reliable sector benchmarks
- DCF is not used due to the cyclical nature of the business and the absence of forward estimates
What was missing
- Forward estimates are not available to support a DCF model
- Sector-specific EBITDA and P/E benchmarks are not fully available for precise normalization
What drives it
8 inputs, grouped by how strong each claim is
- Revenue (TTM)
- 6,088 ₹ cr
- Net debt
- 3,029 ₹ cr
- Shares outstanding
- 23,64,21,725
computed
computed
computed
- EBITDA margin (cycle median)
- 11%
- Through-cycle EV/EBITDA
- 28.37×
computed (≤5y median)
own-history (median of 3y)
- Mid-cycle EBITDA
- 669.7 ₹ cr
- Enterprise value
- 18,997.8 ₹ cr
- Net debt basis
- gross (cash unavailable)
computed
computed
note: net debt approximated by gross debt (cash unavailable)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for JBM Auto Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 14 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on JBM Auto Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

