Elgi Equipments Limited

BSE:522074 Stock Report

Market Cap: ₹180.2b

Elgi Equipments Valuation

Is 522074 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 522074 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 522074 (₹584.05) is trading above our estimate of fair value (₹176.75)

Significantly Below Fair Value: 522074 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 522074?

Other financial metrics that can be useful for relative valuation.

522074 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.3x
Enterprise Value/EBITDA36.6x
PEG Ratio3.7x

Price to Earnings Ratio vs Peers

How does 522074's PE Ratio compare to its peers?

The above table shows the PE ratio for 522074 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average61.5x
81.5x19.8%₹163.4b
506076 Grindwell Norton
61.7x15.2%₹231.9b
500241 Kirloskar Brothers
41xn/a₹153.4b
522113 Timken India
61.7x20.9%₹250.3b
522074 Elgi Equipments
56.4x15.3%₹180.2b

Price-To-Earnings vs Peers: 522074 is good value based on its Price-To-Earnings Ratio (56.4x) compared to the peer average (61.5x).


Price to Earnings Ratio vs Industry

How does 522074's PE Ratio compare vs other companies in the IN Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.1%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.1%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 522074 is expensive based on its Price-To-Earnings Ratio (56.4x) compared to the Indian Machinery industry average (35.8x).


Price to Earnings Ratio vs Fair Ratio

What is 522074'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.

522074 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.4x
Fair PE Ratio36.3x

Price-To-Earnings vs Fair Ratio: 522074 is expensive based on its Price-To-Earnings Ratio (56.4x) compared to the estimated Fair Price-To-Earnings Ratio (36.3x).


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 522074 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹584.05
₹700.50
+19.9%
18.5%₹835.00₹497.00n/a4
Nov ’25₹662.65
₹699.25
+5.5%
19.0%₹835.00₹497.00n/a4
Oct ’25₹678.05
₹699.25
+3.1%
19.0%₹835.00₹497.00n/a4
Sep ’25₹694.50
₹699.25
+0.7%
19.0%₹835.00₹497.00n/a4
Aug ’25₹710.05
₹670.25
-5.6%
26.7%₹835.00₹381.00n/a4
Jul ’25₹732.05
₹636.50
-13.1%
25.7%₹835.00₹381.00n/a4
Jun ’25₹611.15
₹570.33
-6.7%
23.6%₹680.00₹381.00n/a3
May ’25₹651.45
₹550.00
-15.6%
26.9%₹690.00₹345.00n/a3
Apr ’25₹592.35
₹553.33
-6.6%
27.1%₹690.00₹345.00n/a3
Mar ’25₹682.25
₹553.33
-18.9%
27.1%₹690.00₹345.00n/a3
Feb ’25₹615.15
₹488.67
-20.6%
22.0%₹605.00₹346.00n/a3
Jan ’25₹541.85
₹488.67
-9.8%
22.0%₹605.00₹346.00n/a3
Dec ’24₹526.90
₹507.75
-3.6%
19.4%₹605.00₹346.00n/a4
Nov ’24₹497.95
₹501.33
+0.7%
21.6%₹590.00₹349.00₹662.653
Oct ’24₹511.60
₹501.33
-2.0%
21.6%₹590.00₹349.00₹678.053
Sep ’24₹493.20
₹476.00
-3.5%
21.7%₹590.00₹349.00₹694.504
Aug ’24₹539.05
₹485.50
-9.9%
20.8%₹605.00₹372.00₹710.054
Jul ’24₹541.45
₹474.25
-12.4%
18.7%₹565.00₹372.00₹732.054
Jun ’24₹540.95
₹474.25
-12.3%
18.7%₹565.00₹372.00₹611.154
May ’24₹464.55
₹449.75
-3.2%
16.3%₹540.00₹359.00₹651.454
Apr ’24₹439.60
₹454.75
+3.4%
16.9%₹540.00₹359.00₹592.354
Mar ’24₹476.45
₹454.75
-4.6%
16.9%₹540.00₹359.00₹682.254
Feb ’24₹377.30
₹414.25
+9.8%
22.6%₹520.00₹320.00₹615.154
Jan ’24₹419.60
₹414.25
-1.3%
22.6%₹520.00₹320.00₹541.854
Dec ’23₹486.20
₹414.25
-14.8%
22.6%₹520.00₹320.00₹526.904
Nov ’23₹489.55
₹335.50
-31.5%
28.7%₹474.00₹203.00₹497.954

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


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