Nikhil Adhesives Ltd Fair Value

NIKHILAD · Chemicals · Current price ₹82

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DocStoX fair value
₹64
low confidence
Current price
₹82
Upside to fair value
-21.7%
Verdict
Expensive
Quality score
3.4 / 10
Valuation methods
MethodFair valueStatus
Residual income₹3113% ROE fading to 14% over ~3 yrs, on ₹32 book
Relative P/E₹145EPS × 45.2 peer-median P/E
Graham floor₹48Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with Nikhil Adhesives Ltd's latest numbers.

Is Nikhil Adhesives Ltd undervalued?

DocStoX estimates the fair value of Nikhil Adhesives Ltd at ₹64 per share, versus the current market price of ₹82. That puts the stock about -21.7% 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 3 independent methods: Residual income (₹31), Relative P/E (₹145), Graham floor (₹48). 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 ₹31 (bear) to ₹64 (base) to ₹145 (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 Nikhil Adhesives 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.