Deterministic model · no AI guesswork

Stock Valuation

Work out what a company is actually worth, then compare it to what the market is charging. Pick any NSE or BSE stock and DocStoX runs the valuation from its reported financials — fair value, intrinsic value, cash-flow models and peer multiples, each shown with the reasoning behind it.

Value a stock

Several ways to value the same company

No single model is right for every business, so DocStoX publishes several and shows where they disagree rather than hiding the spread behind one confident number. Each approach below is a live view on every stock page.

Fair Value

Is this stock cheap or expensive right now?

The headline estimate. Several independent methods are run, the untrustworthy ones are dropped, and the survivors are blended by reliability into one number with a bear / base / bull range.

Blended multi-method estimate

See an example

Intrinsic Value

What is the business worth, ignoring the market?

The value-investing lens. The same estimate framed against the price you would have to pay, so the margin of safety — the discount that protects you from being wrong — is the thing you read first.

Value vs price, margin of safety

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DCF

What are future cash flows worth today?

The cash-flow lens. We lead with a residual-income (excess-return) model rather than a raw DCF, because a DCF is only as good as its forecast. A classic DCF calculator is linked from every stock page for your own assumptions.

Residual income + DCF calculator

See an example

Valuation

How do the multiples and the model agree?

The full snapshot: fair value and upside next to P/E, P/B and dividend yield, plus the quality score. Useful when a model estimate and the multiples tell different stories.

Fair value + P/E, P/B, yield

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Peers

Is it cheap relative to its rivals?

A multiple only means something inside its own industry. This ranks the company against tracked sector peers on P/E, market cap and price, so a "low" P/E can be judged in context.

Ranked against sector peers

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Financial Ratios

Is the underlying business any good?

Valuation without quality is a trap. ROE, ROCE, debt-to-equity, margins and yield in one place — the ratios that decide whether a cheap price is an opportunity or a warning.

ROE, ROCE, D/E, margins

See an example

How the numbers are produced

  1. 1

    Start from reported financials

    Revenue, profit, book value, cash flow and share count come from the company’s own filings — never an estimate we invented.

  2. 2

    Run several models, then drop the weak ones

    A method whose inputs look inconsistent is excluded rather than patched. No DCF beats a wrong DCF, and every stock page lists which methods ran and which did not, with the reason.

  3. 3

    Weight by an economic moat and an uncertainty band

    How long a company can earn returns above its cost of capital sets the model’s runway; how predictable the business is sets how wide the bear-to-bull range should be.

  4. 4

    Publish the disagreement

    Where models diverge you see the spread, the confidence level, and — for businesses our engine declines to value — an explicit reason instead of a number.

Learn the concepts

Common questions

How does DocStoX calculate the fair value of a stock?

Fair value is computed by a deterministic model, not an AI opinion. We run several independent valuation methods on a company’s reported financials, discard any whose inputs look unreliable, and blend the survivors weighted by reliability. The primary intrinsic-value engine is a residual-income (excess-return) model with an economic-moat runway and a building-block cost of equity. The full method is published at /methodology/fair-value.

What is the difference between fair value and intrinsic value?

On DocStoX they come from the same engine but answer different questions. The fair-value view shows the estimate itself with bear, base and bull scenarios. The intrinsic-value view frames that estimate against the current market price to show the margin of safety — how big a discount you are getting.

Why does some stock have no fair value estimate?

Because we would rather publish nothing than a misleading number. Loss-making companies, insurers and holding companies break the assumptions behind standard valuation models, and some companies simply lack clean earnings, book-value or cash-flow data. In those cases the page states the reason instead of showing a figure.

Is a stock with a low P/E always undervalued?

No. A low P/E can mean the market expects earnings to fall, or that the business is cyclical and currently at a peak. Multiples are only meaningful against a company’s own history and its sector peers, and should be read alongside quality measures such as ROCE and debt-to-equity.

Valuation estimates are model output for research and education, not investment advice. Every model rests on assumptions that can be wrong. Do your own research before you buy or sell.