Subros Limited

NSEI:SUBROS Stock Report

Market Cap: ₹39.5b

Subros Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: SUBROS (₹604) is trading below our estimate of fair value (₹1116.55)

Significantly Below Fair Value: SUBROS is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SUBROS. This is calculated by dividing SUBROS's market cap by their current earnings.
What is SUBROS's PE Ratio?
PE Ratio30.7x
Earnings₹1.29b
Market Cap₹39.50b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SUBROS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.4x
FIEMIND Fiem Industries
21.2x15.7%₹39.5b
520057 JTEKT India
40.2x19.6%₹41.4b
513262 Steel Strips Wheels
4.8x-31.3%₹31.6b
SANDHAR Sandhar Technologies
23.6x17.2%₹30.7b
SUBROS Subros
30.7x24.2%₹39.5b

Price-To-Earnings vs Peers: SUBROS is expensive based on its Price-To-Earnings Ratio (30.7x) compared to the peer average (22.4x).

Price to Earnings Ratio vs Industry

How does SUBROS'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$374.27m
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
SUBROS 30.7xIndustry Avg. 30.5xNo. of Companies17PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SUBROS is expensive based on its Price-To-Earnings Ratio (30.7x) compared to the Indian Auto Components industry average (30.5x).

Price to Earnings Ratio vs Fair Ratio

What is SUBROS'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.

SUBROS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.7x
Fair PE Ratio35.5x

Price-To-Earnings vs Fair Ratio: SUBROS is good value based on its Price-To-Earnings Ratio (30.7x) compared to the estimated Fair Price-To-Earnings Ratio (35.5x).

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 SUBROS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹604.00
₹831.67
+37.7%
2.3%₹858.00₹813.00n/a3
Nov ’25₹647.75
₹827.33
+27.7%
2.9%₹858.00₹800.00n/a3
Oct ’25₹759.55
₹827.33
+8.9%
2.9%₹858.00₹800.00n/a3
Sep ’25₹792.65
₹779.00
-1.7%
11.1%₹858.00₹634.00n/a4
Aug ’25₹681.70
₹714.67
+4.8%
9.0%₹791.00₹634.00n/a3
Jul ’25₹767.20
₹728.25
-5.1%
8.3%₹791.00₹634.00n/a4
Jun ’25₹609.20
₹728.25
+19.5%
8.3%₹791.00₹634.00n/a4
May ’25₹622.60
₹700.75
+12.6%
11.4%₹791.00₹609.00n/a4
Apr ’25₹548.95
₹629.60
+14.7%
25.3%₹791.00₹345.00n/a5
Mar ’25₹596.65
₹629.60
+5.5%
25.3%₹791.00₹345.00n/a5
Feb ’25₹660.00
₹594.75
-9.9%
26.9%₹791.00₹345.00n/a4
Jan ’25₹563.40
₹514.00
-8.8%
19.7%₹609.00₹345.00n/a4
Dec ’24₹430.95
₹484.25
+12.4%
17.6%₹570.00₹345.00n/a4
Nov ’24₹366.75
₹427.00
+16.4%
13.6%₹473.00₹345.00₹647.753
Oct ’24₹389.05
₹427.00
+9.8%
13.6%₹473.00₹345.00₹759.553
Sep ’24₹411.35
₹427.00
+3.8%
13.6%₹473.00₹345.00₹792.653
Aug ’24₹427.75
₹359.67
-15.9%
5.9%₹389.00₹340.00₹681.703
Jul ’24₹438.00
₹359.67
-17.9%
5.9%₹389.00₹340.00₹767.203
Jun ’24₹323.35
₹400.75
+23.9%
18.3%₹524.00₹340.00₹609.204
May ’24₹308.15
₹391.00
+26.9%
20.7%₹524.00₹314.00₹622.604
Apr ’24₹300.05
₹391.00
+30.3%
20.7%₹524.00₹314.00₹548.954
Mar ’24₹282.40
₹391.00
+38.5%
20.7%₹524.00₹314.00₹596.654
Feb ’24₹296.45
₹390.75
+31.8%
20.8%₹524.00₹314.00₹660.004
Jan ’24₹299.25
₹413.25
+38.1%
16.5%₹524.00₹339.00₹563.404
Dec ’23₹296.90
₹413.25
+39.2%
16.5%₹524.00₹339.00₹430.954
Nov ’23₹329.40
₹395.50
+20.1%
11.2%₹450.00₹339.00₹366.754

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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