ZF Commercial Vehicle Control Systems India Limited

NSEI:ZFCVINDIA Stock Report

Market Cap: ₹206.0b

ZF Commercial Vehicle Control Systems India Valuation

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

Discounted Cash Flow
Simply Wall St
₹2.04k
Fair Value
483.2% overvalued intrinsic discount
4
Number of Analysts

Below Fair Value: ZFCVINDIA (₹11867.7) is trading above our estimate of fair value (₹2035.1)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ZFCVINDIA. This is calculated by dividing ZFCVINDIA's market cap by their current earnings.
What is ZFCVINDIA's PE Ratio?
PE Ratio51.8x
Earnings₹4.34b
Market Cap₹205.95b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ZFCVINDIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.6x
520056 TVS Holdings
16.5xn/a₹186.3b
SUNDRMFAST Sundram Fasteners
40.3x16.3%₹219.8b
515030 Asahi India Glass
45.8x33.5%₹162.4b
ENDURANCE Endurance Technologies
36.1x20.3%₹281.7b
ZFCVINDIA ZF Commercial Vehicle Control Systems India
51.8x21.0%₹206.0b

Price-To-Earnings vs Peers: ZFCVINDIA is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the peer average (34.6x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
513262 Steel Strips Wheels
4.5x-36.1%US$334.65m
505100 India Radiators
0.9xn/aUS$95.76k
523415 Coventry Coil-O-Matic (Haryana)
0.9xn/aUS$88.40k
No more companies available in this PE range
ZFCVINDIA 51.8xIndustry Avg. 29.5xNo. of Companies21PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZFCVINDIA is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the Indian Auto Components industry average (29.5x).

Price to Earnings Ratio vs Fair Ratio

What is ZFCVINDIA'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.

ZFCVINDIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.8x
Fair PE Ratio33x

Price-To-Earnings vs Fair Ratio: ZFCVINDIA is expensive based on its Price-To-Earnings Ratio (51.8x) compared to the estimated Fair Price-To-Earnings Ratio (33x).

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 ZFCVINDIA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹11,867.70
₹17,275.50
+45.6%
4.1%₹18,017.00₹16,130.00n/a4
Jan ’26₹11,972.90
₹17,275.50
+44.3%
4.1%₹18,017.00₹16,130.00n/a4
Dec ’25₹12,483.60
₹17,275.50
+38.4%
4.1%₹18,017.00₹16,130.00n/a4
Nov ’25₹14,400.90
₹17,509.25
+21.6%
4.4%₹18,400.00₹16,365.00n/a4
Oct ’25₹16,107.35
₹16,800.00
+4.3%
9.4%₹18,400.00₹13,963.00n/a5
Sep ’25₹15,567.85
₹16,800.00
+7.9%
9.4%₹18,400.00₹13,963.00n/a5
Aug ’25₹15,826.70
₹16,800.00
+6.1%
9.4%₹18,400.00₹13,963.00n/a5
Jul ’25₹16,008.25
₹16,742.00
+4.6%
7.7%₹18,017.00₹14,258.00n/a5
Jun ’25₹17,410.90
₹16,543.40
-5.0%
7.0%₹17,300.00₹14,258.00n/a5
May ’25₹13,687.70
₹16,362.40
+19.5%
7.5%₹17,255.00₹14,003.00n/a5
Apr ’25₹15,276.65
₹16,362.40
+7.1%
7.5%₹17,255.00₹14,003.00n/a5
Mar ’25₹14,827.75
₹16,362.40
+10.3%
7.5%₹17,255.00₹14,003.00n/a5
Feb ’25₹15,423.25
₹16,197.00
+5.0%
8.2%₹17,255.00₹14,003.00₹11,005.704
Jan ’25₹16,307.05
₹16,768.25
+2.8%
6.5%₹17,700.00₹14,903.00₹11,972.904
Dec ’24₹16,145.20
₹16,768.25
+3.9%
6.5%₹17,700.00₹14,903.00₹12,483.604
Nov ’24₹15,452.35
₹16,768.25
+8.5%
6.5%₹17,700.00₹14,903.00₹14,400.904
Oct ’24₹15,550.70
₹14,570.00
-6.3%
13.9%₹17,970.00₹12,810.00₹16,107.354
Sep ’24₹14,807.90
₹13,136.00
-11.3%
9.2%₹14,370.00₹11,000.00₹15,567.855
Aug ’24₹13,780.05
₹13,136.00
-4.7%
9.2%₹14,370.00₹11,000.00₹15,826.705
Jul ’24₹12,162.45
₹11,324.40
-6.9%
3.3%₹11,817.00₹10,807.00₹16,008.255
Jun ’24₹10,535.95
₹11,343.00
+7.7%
3.0%₹11,817.00₹10,900.00₹17,410.905
May ’24₹10,208.05
₹11,046.80
+8.2%
3.7%₹11,817.00₹10,625.00₹13,687.705
Apr ’24₹10,408.85
₹11,046.80
+6.1%
3.7%₹11,817.00₹10,625.00₹15,276.655
Mar ’24₹10,456.55
₹11,046.80
+5.6%
3.7%₹11,817.00₹10,625.00₹14,827.755
Feb ’24₹9,305.00
₹11,079.20
+19.1%
6.6%₹12,160.00₹10,180.00₹15,423.255
Analyst Price Target
Consensus Narrative from 4 Analysts
₹17.28k
Fair Value
31.3% undervalued intrinsic discount
4
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 11:42
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ZF Commercial Vehicle Control Systems India Limited is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Raghunandhan N. L.Asian Markets Securities Private Limited