MANGAL ELECTRICAL IND L Valuation
MEIL · Capital Goods · Current price ₹297.65
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.
Valuation multiples
MANGAL ELECTRICAL IND L trades at a P/E of 12.9x and a P/B of 1.4x, with a dividend yield of 0.0%. 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 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.