S. P. APPARELS LIMITED Fair Value
SPAL · Textiles · Current price ₹1,020.5
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹370 | 11% ROE fading to 13% over ~3 yrs, on ₹376 book |
| Relative P/E | ₹1,244 | EPS × 31.0 peer-median P/E |
| Graham floor | ₹583 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹1,138 | Street consensus 12-month target price |
Is S. P. APPARELS LIMITED undervalued?
DocStoX estimates the fair value of S. P. APPARELS LIMITED at ₹737 per share, versus the current market price of ₹1,021. That puts the stock about -27.8% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹370), Relative P/E (₹1,244), Graham floor (₹583), Analyst target (₹1,138). 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 ₹370 (bear) to ₹737 (base) to ₹1,244 (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 S. P. APPARELS LIMITED
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.