Lumax Auto Technologies Limited

NSEI:LUMAXTECH Stock Report

Market Cap: ₹34.2b

Lumax Auto Technologies Valuation

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

Below Fair Value: LUMAXTECH (₹501.9) is trading above our estimate of fair value (₹433.12)

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

Key Valuation Metric

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

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

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

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LUMAXTECH 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
LUMAXTECH Lumax Auto Technologies
22x24.1%₹34.2b

Price-To-Earnings vs Peers: LUMAXTECH 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 LUMAXTECH'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
LUMAXTECH 22.0xIndustry Avg. 30.8xNo. of Companies17PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LUMAXTECH 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 LUMAXTECH'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.

LUMAXTECH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22x
Fair PE Ratio33.6x

Price-To-Earnings vs Fair Ratio: LUMAXTECH is good value based on its Price-To-Earnings Ratio (22x) compared to the estimated Fair Price-To-Earnings Ratio (33.6x).

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 LUMAXTECH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹501.90
₹651.50
+29.8%
15.5%₹750.00₹483.00n/a4
Nov ’25₹529.00
₹675.00
+27.6%
8.6%₹750.00₹587.00n/a4
Oct ’25₹572.20
₹675.00
+18.0%
8.6%₹750.00₹587.00n/a4
Sep ’25₹526.25
₹605.50
+15.1%
5.7%₹650.00₹560.00n/a4
Aug ’25₹549.00
₹590.50
+7.6%
6.6%₹650.00₹552.00n/a4
Jul ’25₹582.45
₹590.50
+1.4%
6.6%₹650.00₹552.00n/a4
Jun ’25₹485.30
₹566.00
+16.6%
3.5%₹600.00₹552.00n/a4
May ’25₹478.10
₹509.50
+6.6%
8.2%₹560.00₹457.00n/a4
Apr ’25₹487.10
₹456.60
-6.3%
24.6%₹560.00₹245.00n/a5
Mar ’25₹476.20
₹456.60
-4.1%
24.6%₹560.00₹245.00n/a5
Feb ’25₹397.40
₹417.80
+5.1%
20.9%₹481.00₹245.00n/a5
Jan ’25₹388.10
₹402.00
+3.6%
22.7%₹466.00₹245.00n/a4
Dec ’24₹389.40
₹402.00
+3.2%
22.7%₹466.00₹245.00n/a4
Nov ’24₹357.45
₹385.75
+7.9%
23.0%₹466.00₹245.00₹529.004
Oct ’24₹362.00
₹370.75
+2.4%
21.1%₹457.00₹245.00₹572.204
Sep ’24₹376.05
₹370.75
-1.4%
21.1%₹457.00₹245.00₹526.254
Aug ’24₹390.20
₹352.50
-9.7%
17.9%₹406.00₹245.00₹549.004
Jul ’24₹353.10
₹295.67
-16.3%
21.4%₹385.00₹245.00₹582.453
Jun ’24₹308.90
₹265.33
-14.1%
7.9%₹294.00₹245.00₹485.303
May ’24₹312.40
₹269.00
-13.9%
6.6%₹294.00₹256.00₹478.103
Apr ’24₹268.90
₹269.00
+0.04%
6.6%₹294.00₹256.00₹487.103
Mar ’24₹259.50
₹268.75
+3.6%
5.7%₹294.00₹256.00₹476.204
Feb ’24₹228.85
₹267.00
+16.7%
7.3%₹298.00₹246.00₹397.404
Jan ’24₹239.50
₹273.75
+14.3%
5.6%₹298.00₹256.00₹388.104
Dec ’23₹261.80
₹273.75
+4.6%
5.6%₹298.00₹256.00₹389.404
Nov ’23₹242.00
₹263.25
+8.8%
5.2%₹283.00₹246.00₹357.454

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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