Seamec Limited Valuation
SEAMECLTD · Services · Current price ₹1,675
Is Seamec Limited undervalued?
We estimate the fair value of Seamec Limited at ₹534 per share, against a market price of ₹1,788. That puts the share price about -70.1% above our estimate, at medium confidence. This is our view of what the business is worth, not a target price or a forecast of where the share price will go.
How this fair value is calculated
This estimate comes from 2 methods: Discounted cash flow (2-stage) (₹540), Residual income (excess return on book) (₹521). Each is weighted by how well its inputs held up for this company. The full working, including the assumptions and what data was missing, is set out below.
The range around this estimate
Our estimate for Seamec Limited spans ₹481 to ₹587. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.
Valuation multiples
Seamec Limited trades at a P/E of 16.9x and a P/B of 3.5x, with a dividend yield of 0.1%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.
How we got this fair value
Every number below is part of the same estimate for Seamec Limited. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹481 – ₹587
Why this method for this business
The DCF and residual income models are most appropriate for a shipping company with a mix of asset-heavy and earnings-driven operations. DCF captures the value of future cash flows, while residual income reflects the return on book value.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path
Book value plus the present value of returns earned above the 10.6% cost of equity
- relative_pe: Not suitable for a capital-intensive business with volatile earnings and no clear peer comparables
What was missing
- Lack of forward-looking EBITDA margin data
- Limited information on future capital expenditures
What drives it
17 inputs, grouped by how strong each claim is
- FCF_0 (normalized)
- 68 ₹cr
- Net debt
- 353 ₹cr
- ROE (normalized)
- 11.9%
- Book value / share
- 512 ₹
fcf_norm (median ≤5y positive)
gross debt (cash n/a)
computed
reported
- Discount rate (r)
- 14.4%
- Beta
- 1
- Cost of equity
- 10.6%
COE (building-block)
bottom-up industry
building-block
- Stage-1 start growth
- 20%
- Fade shape
- linear
- Terminal growth (g)
- 5.29%
- Stage-1 years
- 10 y
pat_cagr_5y
lifecycle Growth
macro terminal × quality premium
lifecycle Growth horizon
- Lifecycle stage
- Growth
- Quality premium
- 1.058×
- Moat
- None
- Excess-return horizon
- 3 yrs
forecast engine (L20)
moat Narrow + capital allocation
computed
computed
- Path
- FCFE
- Terminal-value fraction
- 0.487
computed (D/E vs 0.8)
PV_TV / (PV_1+PV_TV)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Seamec Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 15 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyUnderstand the ratios
More on Seamec Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.