SP REFRACTORIES LIMITED Fair Value
SPRL · Industrial Products · Current price ₹103
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹113 | 17% ROE fading to 12% over ~10 yrs, on ₹90 book |
| Relative P/E | ₹712 | EPS × 36.1 peer-median P/E |
| Graham floor | ₹200 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is SP REFRACTORIES LIMITED undervalued?
DocStoX estimates the fair value of SP REFRACTORIES LIMITED at ₹295 per share, versus the current market price of ₹103. That puts the stock about +186.5% below our fair-value estimate, which we read as "Strong Buy". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹113), Relative P/E (₹712), Graham floor (₹200). 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 ₹113 (bear) to ₹295 (base) to ₹712 (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 SP REFRACTORIES 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.