Magna Electro Castings Ltd Valuation

MAGNAELQ · Industrials · Current price ₹1,149.2

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DocStoX fair value
₹763
low confidence
Current price
₹1,149
Upside
-33.6%
P/E ratio
21.0x
P/B ratio
3.4x
Verdict
Avoid
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Is Magna Electro Castings Ltd undervalued?

DocStoX estimates the fair value of Magna Electro Castings Ltd at ₹763 per share, versus the current market price of ₹1,149. That puts the stock about -33.6% 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 3 independent methods: Residual income (₹449), Relative P/E (₹1,496), Graham floor (₹574). 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 ₹449 (bear) to ₹763 (base) to ₹1,496 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Valuation multiples

Magna Electro Castings Ltd trades at a P/E of 21.0x and a P/B of 3.4x, with a dividend yield of 0.5%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

More on Magna Electro Castings 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.