MM FORGINGS LTD Fair Value
MMFL · Automobile and Auto Components · Current price ₹656.3
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹184 | 11% ROE fading to 15% over ~3 yrs, on ₹194 book |
| Relative P/E | ₹824 | EPS × 35.1 peer-median P/E |
| Graham floor | ₹320 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹735 | Street consensus 12-month target price |
Is MM FORGINGS LTD undervalued?
DocStoX estimates the fair value of MM FORGINGS LTD at ₹439 per share, versus the current market price of ₹656. That puts the stock about -33.1% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹184), Relative P/E (₹824), Graham floor (₹320), Analyst target (₹735). 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 ₹184 (bear) to ₹439 (base) to ₹824 (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 MM FORGINGS 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.

