MULTI COMMODITY EXCHANGE Fair Value
MCX · Financial Services · Current price ₹3,303
| Method | Fair value | Status |
|---|---|---|
| Excess-return (book value) | ₹188 | 56% ROE fading to 13% over ~3 yrs, on ₹112 book |
| Relative P/E | ₹2,644 | EPS × 50.6 peer-median P/E |
| Graham floor | — | Not meaningful for financials |
| Analyst target | ₹3,413 | Street consensus 12-month target price |
Is MULTI COMMODITY EXCHANGE undervalued?
DocStoX estimates the fair value of MULTI COMMODITY EXCHANGE at ₹1,305 per share, versus the current market price of ₹3,303. That puts the stock about -60.5% 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: Excess-return (book value) (₹188), Relative P/E (₹2,644), Analyst target (₹3,413). 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 ₹188 (bear) to ₹1,305 (base) to ₹3,413 (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 MULTI COMMODITY EXCHANGE
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.