MANGAL ELECTRICAL IND L Fair Value

MEIL · Capital Goods · Current price ₹297.65

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DocStoX fair value
₹623
low confidence
Current price
₹298
Upside to fair value
+109.2%
Verdict
Buy
Quality score
4.9 / 10
Valuation methods
MethodFair valueStatus
Residual income₹45529% ROE fading to 12% over ~10 yrs, on ₹214 book
Relative P/E₹1,119EPS × 48.5 peer-median P/E
Graham floor₹333Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with MANGAL ELECTRICAL IND L's latest numbers.

Is MANGAL ELECTRICAL IND L undervalued?

DocStoX estimates the fair value of MANGAL ELECTRICAL IND L at ₹623 per share, versus the current market price of ₹298. That puts the stock about +109.2% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹455), Relative P/E (₹1,119), Graham floor (₹333). 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 ₹333 (bear) to ₹623 (base) to ₹1,119 (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 MANGAL ELECTRICAL IND L

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.