Suprajit Engineering Limited

NSEI:SUPRAJIT Stock Report

Market Cap: ₹61.8b

Suprajit Engineering Valuation

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

Below Fair Value: SUPRAJIT (₹443.4) is trading above our estimate of fair value (₹325.46)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SUPRAJIT. This is calculated by dividing SUPRAJIT's market cap by their current earnings.
What is SUPRAJIT's PE Ratio?
PE Ratio44.1x
Earnings₹1.38b
Market Cap₹61.81b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SUPRAJIT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.1x
505714 Gabriel India
29.6x20.5%₹62.4b
PRICOLLTD Pricol
33.9x23.1%₹56.3b
500039 Banco Products (India)
23.5xn/a₹80.6b
535602 Sharda Motor Industries
17.4xn/a₹55.6b
SUPRAJIT Suprajit Engineering
44.1x37.0%₹60.8b

Price-To-Earnings vs Peers: SUPRAJIT is expensive based on its Price-To-Earnings Ratio (44.1x) compared to the peer average (26.1x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
513262 Steel Strips Wheels
5x-31.3%US$389.65m
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
SUPRAJIT 44.1xIndustry Avg. 30.8xNo. of Companies17PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SUPRAJIT is expensive based on its Price-To-Earnings Ratio (44.1x) compared to the Indian Auto Components industry average (30.8x).

Price to Earnings Ratio vs Fair Ratio

What is SUPRAJIT'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.

SUPRAJIT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44.1x
Fair PE Ratio45.3x

Price-To-Earnings vs Fair Ratio: SUPRAJIT is good value based on its Price-To-Earnings Ratio (44.1x) compared to the estimated Fair Price-To-Earnings Ratio (45.3x).

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 SUPRAJIT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹443.40
₹503.67
+13.6%
12.1%₹602.00₹400.00n/a9
Nov ’25₹522.50
₹589.00
+12.7%
14.8%₹728.00₹470.00n/a9
Oct ’25₹517.20
₹586.11
+13.3%
14.9%₹728.00₹470.00n/a9
Sep ’25₹524.15
₹579.20
+10.5%
14.7%₹728.00₹470.00n/a10
Aug ’25₹514.65
₹534.00
+3.8%
9.5%₹642.00₹470.00n/a10
Jul ’25₹517.45
₹526.70
+1.8%
10.4%₹642.00₹463.00n/a10
Jun ’25₹443.00
₹496.30
+12.0%
7.6%₹540.00₹420.00n/a10
May ’25₹422.75
₹444.30
+5.1%
7.5%₹517.00₹390.00n/a10
Apr ’25₹418.75
₹447.40
+6.8%
7.9%₹517.00₹390.00n/a10
Mar ’25₹432.25
₹447.40
+3.5%
7.9%₹517.00₹390.00n/a10
Feb ’25₹392.25
₹430.11
+9.7%
8.3%₹521.00₹390.00n/a9
Jan ’25₹410.50
₹424.20
+3.3%
4.9%₹460.00₹390.00n/a10
Dec ’24₹379.00
₹424.20
+11.9%
4.9%₹460.00₹390.00n/a10
Nov ’24₹373.85
₹435.00
+16.4%
4.0%₹459.00₹401.00₹522.509
Oct ’24₹386.30
₹433.00
+12.1%
3.6%₹459.00₹401.00₹517.209
Sep ’24₹426.50
₹433.00
+1.5%
3.6%₹459.00₹401.00₹524.159
Aug ’24₹420.45
₹433.71
+3.2%
2.8%₹460.00₹421.00₹514.657
Jul ’24₹408.45
₹429.50
+5.2%
3.5%₹460.00₹413.00₹517.456
Jun ’24₹387.25
₹421.67
+8.9%
6.1%₹460.00₹374.00₹443.006
May ’24₹357.60
₹411.17
+15.0%
7.9%₹460.00₹370.00₹422.756
Apr ’24₹344.80
₹411.17
+19.2%
7.9%₹460.00₹370.00₹418.756
Mar ’24₹358.55
₹407.57
+13.7%
7.7%₹460.00₹370.00₹432.257
Feb ’24₹323.55
₹408.86
+26.4%
6.4%₹450.00₹370.00₹392.257
Jan ’24₹330.00
₹408.86
+23.9%
6.4%₹450.00₹370.00₹410.507
Dec ’23₹345.00
₹408.86
+18.5%
6.4%₹450.00₹370.00₹379.007
Nov ’23₹323.90
₹402.75
+24.3%
4.1%₹440.00₹386.00₹373.858

Analyst Forecast: Target price is less than 20% higher than the current share price.

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