Steel Strips Wheels Limited

BSE:513262 Stock Report

Market Cap: ₹32.4b

Steel Strips Wheels Valuation

Is 513262 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 513262 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 513262 (₹206.65) is trading above our estimate of fair value (₹134.54)

Significantly Below Fair Value: 513262 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 513262?

Key metric: As 513262 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 513262. This is calculated by dividing 513262's market cap by their current earnings.
What is 513262's PE Ratio?
PE Ratio4.9x
Earnings₹6.62b
Market Cap₹32.43b

Price to Earnings Ratio vs Peers

How does 513262's PE Ratio compare to its peers?

The above table shows the PE ratio for 513262 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.4x
SANDHAR Sandhar Technologies
23.5x17.2%₹30.6b
505800 Rane Holdings
9.6xn/a₹25.0b
PRECAM Precision Camshafts
59.3xn/a₹28.4b
FIEMIND Fiem Industries
21.1x15.9%₹39.2b
513262 Steel Strips Wheels
4.9x-31.3%₹32.4b

Price-To-Earnings vs Peers: 513262 is good value based on its Price-To-Earnings Ratio (4.9x) compared to the peer average (28.4x).

Price to Earnings Ratio vs Industry

How does 513262's PE Ratio compare vs other companies in the IN Auto Components Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.30.4x19.3%
513262 Steel Strips Wheels
 4.9x-31.3%US$384.13m
INNOVATIVE Innovative Tyres & Tubes
0.3xn/aUS$1.22m
505100 India Radiators
0.8xn/aUS$94.67k
513262 4.9xIndustry Avg. 30.4xNo. of Companies16PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
Industry Avg.30.4x19.3%
513262 Steel Strips Wheels
 4.9x-31.3%US$384.13m
No more companies

Price-To-Earnings vs Industry: 513262 is good value based on its Price-To-Earnings Ratio (4.9x) compared to the Indian Auto Components industry average (30.4x).

Price to Earnings Ratio vs Fair Ratio

What is 513262'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.

513262 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.9x
Fair PE Ratio10.2x

Price-To-Earnings vs Fair Ratio: 513262 is good value based on its Price-To-Earnings Ratio (4.9x) compared to the estimated Fair Price-To-Earnings Ratio (10.2x).

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 513262 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹206.65
₹317.50
+53.6%
3.9%₹330.00₹305.00n/a2
Nov ’25₹207.25
₹321.50
+55.1%
2.6%₹330.00₹313.00n/a2
Oct ’25₹216.20
₹321.50
+48.7%
2.6%₹330.00₹313.00n/a2
Sep ’25₹227.15
₹321.50
+41.5%
2.6%₹330.00₹313.00n/a2
Aug ’25₹235.35
₹324.33
+37.8%
2.5%₹330.00₹313.00n/a3
Jul ’25₹224.70
₹328.33
+46.1%
3.1%₹340.00₹315.00n/a3
Jun ’25₹215.00
₹328.33
+52.7%
3.1%₹340.00₹315.00n/a3
May ’25₹231.85
₹352.67
+52.1%
7.2%₹388.00₹330.00n/a3
Apr ’25₹233.85
₹352.67
+50.8%
7.2%₹388.00₹330.00n/a3
Mar ’25₹254.30
₹352.67
+38.7%
7.2%₹388.00₹330.00n/a3
Feb ’25₹276.20
₹352.67
+27.7%
7.2%₹388.00₹330.00n/a3
Jan ’25₹264.55
₹356.50
+34.8%
2.1%₹364.00₹349.00n/a2
Dec ’24₹281.15
₹356.50
+26.8%
2.1%₹364.00₹349.00n/a2
Nov ’24₹262.35
₹356.50
+35.9%
2.1%₹364.00₹349.00₹207.252

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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