Finolex Cables Limited

BSE:500144 Stock Report

Market Cap: ₹170.8b

Finolex Cables Valuation

Is 500144 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 500144 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 500144 (₹1117.55) is trading above our estimate of fair value (₹279.29)

Significantly Below Fair Value: 500144 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500144?

Key metric: As 500144 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 500144. This is calculated by dividing 500144's market cap by their current earnings.
What is 500144's PE Ratio?
PE Ratio24.4x
Earnings₹6.99b
Market Cap₹170.80b

Price to Earnings Ratio vs Peers

How does 500144's PE Ratio compare to its peers?

The above table shows the PE ratio for 500144 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.6x
532953 V-Guard Industries
60.5x20.2%₹179.4b
SCHNEIDER Schneider Electric Infrastructure
94.8xn/a₹186.8b
500008 Amara Raja Energy & Mobility
22.9x9.7%₹224.9b
RRKABEL R R Kabel
64.1x34.6%₹169.0b
500144 Finolex Cables
24.4x10.4%₹170.8b

Price-To-Earnings vs Peers: 500144 is good value based on its Price-To-Earnings Ratio (24.4x) compared to the peer average (60.6x).

Price to Earnings Ratio vs Industry

How does 500144's PE Ratio compare vs other companies in the IN Electrical Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
504058 Indo National
2.7xn/aUS$45.56m
533203 Tarapur Transformers
4.4xn/aUS$6.93m
No more companies available in this PE range
500144 24.4xIndustry Avg. 47.1xNo. of Companies12PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 500144 is good value based on its Price-To-Earnings Ratio (24.4x) compared to the Indian Electrical industry average (45.4x).

Price to Earnings Ratio vs Fair Ratio

What is 500144'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.

500144 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.4x
Fair PE Ratio32.5x

Price-To-Earnings vs Fair Ratio: 500144 is good value based on its Price-To-Earnings Ratio (24.4x) compared to the estimated Fair Price-To-Earnings Ratio (32.5x).

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 500144 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,117.55
₹1,370.63
+22.6%
13.2%₹1,595.00₹1,019.00n/a8
Nov ’25₹1,244.85
₹1,584.88
+27.3%
14.6%₹1,872.00₹1,019.00n/a8
Oct ’25₹1,421.20
₹1,583.75
+11.4%
14.6%₹1,872.00₹1,019.00n/a8
Sep ’25₹1,454.10
₹1,583.75
+8.9%
14.6%₹1,872.00₹1,019.00n/a8
Aug ’25₹1,523.25
₹1,522.88
-0.02%
19.3%₹1,950.00₹1,019.00n/a8
Jul ’25₹1,641.80
₹1,506.75
-8.2%
19.0%₹1,950.00₹1,019.00n/a8
Jun ’25₹1,434.90
₹1,361.75
-5.1%
21.8%₹1,950.00₹1,019.00n/a8
May ’25₹1,051.40
₹1,151.57
+9.5%
8.7%₹1,341.00₹1,019.00n/a7
Apr ’25₹976.80
₹1,126.43
+15.3%
5.9%₹1,230.00₹1,019.00n/a7
Mar ’25₹915.40
₹1,147.22
+25.3%
6.8%₹1,306.00₹1,045.00n/a9
Feb ’25₹1,085.45
₹1,151.67
+6.1%
8.6%₹1,306.00₹1,020.00n/a9
Jan ’25₹1,052.50
₹1,129.22
+7.3%
8.6%₹1,306.00₹1,020.00n/a9
Dec ’24₹1,023.80
₹1,129.22
+10.3%
8.6%₹1,306.00₹1,020.00n/a9
Nov ’24₹923.45
₹1,214.88
+31.6%
7.9%₹1,356.00₹1,045.00₹1,244.858
Oct ’24₹1,120.60
₹1,178.75
+5.2%
9.9%₹1,356.00₹1,010.00₹1,421.208
Sep ’24₹1,096.85
₹1,178.75
+7.5%
9.9%₹1,356.00₹1,010.00₹1,454.108
Aug ’24₹1,007.30
₹966.71
-4.0%
8.3%₹1,069.00₹863.00₹1,523.257
Jul ’24₹858.70
₹959.50
+11.7%
8.8%₹1,069.00₹863.00₹1,641.806
Jun ’24₹788.95
₹930.33
+17.9%
13.7%₹1,069.00₹700.00₹1,434.906
May ’24₹893.55
₹830.83
-7.0%
13.5%₹1,020.00₹700.00₹1,051.406
Apr ’24₹811.85
₹738.83
-9.0%
9.7%₹865.00₹660.00₹976.806
Mar ’24₹733.85
₹716.29
-2.4%
12.0%₹865.00₹581.00₹915.407
Feb ’24₹539.20
₹626.88
+16.3%
7.9%₹693.00₹526.00₹1,085.458
Jan ’24₹546.55
₹629.11
+15.1%
9.9%₹744.00₹526.00₹1,052.509
Dec ’23₹574.10
₹629.11
+9.6%
9.9%₹744.00₹526.00₹1,023.809
Nov ’23₹512.25
₹597.78
+16.7%
10.8%₹744.00₹510.00₹923.459

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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