Welcast Steels Ltd Fair Value
ZWELCAST · Industrial Products · Current price ₹610
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹362 | -15% ROE fading to 12% over ~3 yrs, on ₹538 book |
| Relative P/E | ₹3,717 | EPS × 58.3 peer-median P/E |
| Graham floor | ₹878 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is Welcast Steels Ltd undervalued?
DocStoX estimates the fair value of Welcast Steels Ltd at ₹1,386 per share, versus the current market price of ₹610. That puts the stock about +127.2% below 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 (₹362), Relative P/E (₹3,717), Graham floor (₹878). 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 ₹362 (bear) to ₹1,386 (base) to ₹3,717 (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 Welcast Steels 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.