Sundram Fasteners Limited

BSE:500403 Stock Report

Market Cap: ₹249.7b

Sundram Fasteners Valuation

Is 500403 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 500403 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500403 (₹1166) is trading above our estimate of fair value (₹325.78)

Significantly Below Fair Value: 500403 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500403?

Key metric: As 500403 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 500403. This is calculated by dividing 500403's market cap by their current earnings.
What is 500403's PE Ratio?
PE Ratio45.7x
Earnings₹5.47b
Market Cap₹249.73b

Price to Earnings Ratio vs Peers

How does 500403's PE Ratio compare to its peers?

The above table shows the PE ratio for 500403 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.1x
MSUMI Motherson Sumi Wiring India
40.9x18.9%₹269.4b
520056 TVS Holdings
26.5xn/a₹227.9b
ZFCVINDIA ZF Commercial Vehicle Control Systems India
67.5x21.4%₹278.2b
532756 CIE Automotive India
21.5x12.5%₹178.9b
500403 Sundram Fasteners
45.7x21.7%₹249.7b

Price-To-Earnings vs Peers: 500403 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the peer average (39.2x).

Price to Earnings Ratio vs Industry

How does 500403's PE Ratio compare vs other companies in the IN Auto Components Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
513262 Steel Strips Wheels
4.8x-31.3%US$374.55m
INNOVATIVE Innovative Tyres & Tubes
0.3xn/aUS$1.22m
505100 India Radiators
0.8xn/aUS$90.19k
523415 Coventry Coil-O-Matic (Haryana)
0.9xn/aUS$88.40k
No more companies available in this PE range
500403 45.7xIndustry Avg. 30.5xNo. of Companies17PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 500403 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the Indian Auto Components industry average (30.5x).

Price to Earnings Ratio vs Fair Ratio

What is 500403's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500403 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio45.7x
Fair PE Ratio34.2x

Price-To-Earnings vs Fair Ratio: 500403 is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the estimated Fair Price-To-Earnings Ratio (34.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 500403 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,166.00
₹1,479.33
+26.9%
4.9%₹1,576.00₹1,400.00n/a3
Nov ’25₹1,332.75
₹1,479.33
+11.0%
4.9%₹1,576.00₹1,400.00n/a3
Oct ’25₹1,401.95
₹1,479.33
+5.5%
4.9%₹1,576.00₹1,400.00n/a3
Sep ’25₹1,355.00
₹1,479.33
+9.2%
4.9%₹1,576.00₹1,400.00n/a3
Aug ’25₹1,396.75
₹1,424.00
+2.0%
3.7%₹1,462.00₹1,350.00n/a3
Jul ’25₹1,356.10
₹1,424.00
+5.0%
3.7%₹1,462.00₹1,350.00n/a3
Jun ’25₹1,193.75
₹1,370.67
+14.8%
9.3%₹1,462.00₹1,190.00n/a3
May ’25₹1,118.15
₹1,390.67
+24.4%
7.2%₹1,462.00₹1,250.00n/a3
Apr ’25₹1,092.70
₹1,390.67
+27.3%
7.2%₹1,462.00₹1,250.00n/a3
Mar ’25₹1,091.75
₹1,390.67
+27.4%
7.2%₹1,462.00₹1,250.00n/a3
Feb ’25₹1,228.50
₹1,439.00
+17.1%
2.2%₹1,462.00₹1,395.00n/a3
Jan ’25₹1,246.65
₹1,439.00
+15.4%
2.2%₹1,462.00₹1,395.00n/a3
Dec ’24₹1,239.50
₹1,351.00
+9.0%
11.5%₹1,462.00₹1,087.00n/a4
Nov ’24₹1,277.95
₹1,302.00
+1.9%
9.6%₹1,402.00₹1,087.00₹1,332.754
Oct ’24₹1,262.05
₹1,270.75
+0.7%
9.5%₹1,402.00₹1,087.00₹1,401.954
Sep ’24₹1,274.65
₹1,270.75
-0.3%
9.5%₹1,402.00₹1,087.00₹1,355.004
Aug ’24₹1,253.75
₹1,172.25
-6.5%
4.8%₹1,244.00₹1,087.00₹1,396.754
Jul ’24₹1,216.90
₹1,148.33
-5.6%
3.9%₹1,190.00₹1,087.00₹1,356.103
Jun ’24₹1,136.40
₹1,148.33
+1.1%
3.9%₹1,190.00₹1,087.00₹1,193.753
May ’24₹1,044.70
₹1,104.33
+5.7%
1.2%₹1,122.00₹1,091.00₹1,118.153
Apr ’24₹978.70
₹1,104.33
+12.8%
1.2%₹1,122.00₹1,091.00₹1,092.703
Mar ’24₹988.10
₹1,085.75
+9.9%
3.1%₹1,122.00₹1,030.00₹1,091.754
Feb ’24₹980.75
₹1,065.50
+8.6%
2.3%₹1,091.00₹1,030.00₹1,228.504
Jan ’24₹974.45
₹1,057.75
+8.5%
1.9%₹1,086.00₹1,030.00₹1,246.654
Dec ’23₹915.20
₹1,057.75
+15.6%
1.9%₹1,086.00₹1,030.00₹1,239.504
Nov ’23₹950.40
₹998.00
+5.0%
2.7%₹1,030.00₹955.00₹1,277.954

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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