THERMAX LTD Intrinsic Value

THERMAX · Capital Goods · Current price ₹3,913.9

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DocStoX fair value
₹2,086
low confidence
Current price
₹3,914
Upside to fair value
-46.7%
Verdict
Avoid
Quality score
4.3 / 10
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Is THERMAX LTD undervalued?

DocStoX estimates the fair value of THERMAX LTD at ₹2,086 per share, versus the current market price of ₹3,914. That puts the stock about -46.7% 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 (₹474), Relative P/E (₹4,214), Graham floor (₹796), Analyst target (₹4,418). 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 ₹474 (bear) to ₹2,086 (base) to ₹4,418 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Margin of safety

Value investors demand a margin of safety — a discount to intrinsic value that protects against being wrong. At ₹3,914 versus an intrinsic value of ₹2,086, THERMAX LTD currently offers -46.7% of negative margin (i.e. a premium).

More on THERMAX LTD

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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.