NELCAST LIMITED Valuation

NELCAST · Capital Goods · Current price ₹116.7

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DocStoX fair value
₹106
low confidence
Current price
₹117
Upside
-9.0%
P/E ratio
20.9x
P/B ratio
2.1x
Verdict
Fairly Valued
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Is NELCAST LIMITED undervalued?

DocStoX estimates the fair value of NELCAST LIMITED at ₹106 per share, versus the current market price of ₹117. That puts the stock about -9.0% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹65), Relative P/E (₹196), Graham floor (₹93). 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 ₹65 (bear) to ₹106 (base) to ₹196 (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

NELCAST LIMITED trades at a P/E of 20.9x and a P/B of 2.1x, with a dividend yield of 0.6%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

P/E RatioP/B RatioPEG RatioEarnings Yield

More on NELCAST LIMITED

Fair ValueIntrinsic ValueDCFFinancial RatiosPeers

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.