Lumax Auto Technologies Limited

BSE:532796 Stock Report

Market Cap: ₹34.2b

Lumax Auto Technologies Valuation

Is 532796 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 532796 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532796 (₹501.25) is trading above our estimate of fair value (₹432.55)

Significantly Below Fair Value: 532796 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532796?

Key metric: As 532796 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532796. This is calculated by dividing 532796's market cap by their current earnings.
What is 532796's PE Ratio?
PE Ratio22x
Earnings₹1.55b
Market Cap₹34.21b

Price to Earnings Ratio vs Peers

How does 532796's PE Ratio compare to its peers?

The above table shows the PE ratio for 532796 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.2x
SANDHAR Sandhar Technologies
23.6x17.2%₹30.7b
530759 Sterling Tools
32.6xn/a₹21.4b
513262 Steel Strips Wheels
4.8x-31.3%₹32.1b
520057 JTEKT India
43.6x12.6%₹40.3b
532796 Lumax Auto Technologies
22x24.1%₹34.2b

Price-To-Earnings vs Peers: 532796 is good value based on its Price-To-Earnings Ratio (22x) compared to the peer average (26.2x).


Price to Earnings Ratio vs Industry

How does 532796'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$379.76m
INNOVATIVE Innovative Tyres & Tubes
0.3xn/aUS$1.22m
505100 India Radiators
0.8xn/aUS$94.64k
523415 Coventry Coil-O-Matic (Haryana)
0.9xn/aUS$88.40k
No more companies available in this PE range
532796 22.0xIndustry Avg. 30.8xNo. of Companies17PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532796 is good value based on its Price-To-Earnings Ratio (22x) compared to the Indian Auto Components industry average (30.8x).


Price to Earnings Ratio vs Fair Ratio

What is 532796'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.

532796 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22x
Fair PE Ratio33.5x

Price-To-Earnings vs Fair Ratio: 532796 is good value based on its Price-To-Earnings Ratio (22x) compared to the estimated Fair Price-To-Earnings Ratio (33.5x).


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 532796 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹501.25
₹651.50
+30.0%
15.5%₹750.00₹483.00n/a4
Nov ’25₹528.30
₹675.00
+27.8%
8.6%₹750.00₹587.00n/a4
Oct ’25₹572.45
₹675.00
+17.9%
8.6%₹750.00₹587.00n/a4
Sep ’25₹525.60
₹605.50
+15.2%
5.7%₹650.00₹560.00n/a4
Aug ’25₹548.80
₹590.50
+7.6%
6.6%₹650.00₹552.00n/a4
Jul ’25₹581.35
₹590.50
+1.6%
6.6%₹650.00₹552.00n/a4
Jun ’25₹485.10
₹566.00
+16.7%
3.5%₹600.00₹552.00n/a4
May ’25₹478.75
₹509.50
+6.4%
8.2%₹560.00₹457.00n/a4
Apr ’25₹487.55
₹456.60
-6.3%
24.6%₹560.00₹245.00n/a5
Mar ’25₹476.35
₹456.60
-4.1%
24.6%₹560.00₹245.00n/a5
Feb ’25₹397.25
₹417.80
+5.2%
20.9%₹481.00₹245.00n/a5
Jan ’25₹388.05
₹402.00
+3.6%
22.7%₹466.00₹245.00n/a4
Dec ’24₹389.95
₹402.00
+3.1%
22.7%₹466.00₹245.00n/a4
Nov ’24₹358.30
₹385.75
+7.7%
23.0%₹466.00₹245.00₹528.304
Oct ’24₹361.25
₹370.75
+2.6%
21.1%₹457.00₹245.00₹572.454
Sep ’24₹375.50
₹370.75
-1.3%
21.1%₹457.00₹245.00₹525.604
Aug ’24₹388.90
₹352.50
-9.4%
17.9%₹406.00₹245.00₹548.804
Jul ’24₹353.10
₹295.67
-16.3%
21.4%₹385.00₹245.00₹581.353
Jun ’24₹308.40
₹265.33
-14.0%
7.9%₹294.00₹245.00₹485.103
May ’24₹312.35
₹269.00
-13.9%
6.6%₹294.00₹256.00₹478.753
Apr ’24₹268.25
₹269.00
+0.3%
6.6%₹294.00₹256.00₹487.553
Mar ’24₹258.85
₹268.75
+3.8%
5.7%₹294.00₹256.00₹476.354
Feb ’24₹226.25
₹267.00
+18.0%
7.3%₹298.00₹246.00₹397.254
Jan ’24₹240.25
₹273.75
+13.9%
5.6%₹298.00₹256.00₹388.054
Dec ’23₹261.80
₹273.75
+4.6%
5.6%₹298.00₹256.00₹389.954
Nov ’23₹243.50
₹263.25
+8.1%
5.2%₹283.00₹246.00₹358.304

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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