Graphite India Limited

NSEI:GRAPHITE Stock Report

Market Cap: ₹94.4b

Graphite India Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: GRAPHITE (₹483.35) is trading below our estimate of fair value (₹1316.76)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GRAPHITE. This is calculated by dividing GRAPHITE's market cap by their current earnings.
What is GRAPHITE's PE Ratio?
PE Ratio20.3x
Earnings₹4.66b
Market Cap₹94.43b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GRAPHITE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average63.9x
HEG HEG
44.2x65.2%₹80.3b
VOLTAMP Voltamp Transformers
30.3x9.0%₹104.0b
RRKABEL R R Kabel
62.8x34.6%₹165.5b
532928 Transformers and Rectifiers (India)
118.5x50.8%₹143.2b
GRAPHITE Graphite India
20.3x31.0%₹94.4b

Price-To-Earnings vs Peers: GRAPHITE is good value based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (63.9x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
504058 Indo National
2.7xn/aUS$45.60m
533203 Tarapur Transformers
4.3xn/aUS$6.79m
No more companies available in this PE range
GRAPHITE 20.3xIndustry Avg. 47.4xNo. of Companies11PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GRAPHITE is good value based on its Price-To-Earnings Ratio (20.3x) compared to the Indian Electrical industry average (47.4x).

Price to Earnings Ratio vs Fair Ratio

What is GRAPHITE'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.

GRAPHITE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ratio46.4x

Price-To-Earnings vs Fair Ratio: GRAPHITE is good value based on its Price-To-Earnings Ratio (20.3x) compared to the estimated Fair Price-To-Earnings Ratio (46.4x).

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 GRAPHITE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹483.35
₹719.50
+48.9%
6.2%₹764.00₹675.00n/a2
Nov ’25₹530.85
₹712.00
+34.1%
7.3%₹764.00₹660.00n/a2
Oct ’25₹601.60
₹712.00
+18.4%
7.3%₹764.00₹660.00n/a2
Sep ’25₹517.10
₹712.00
+37.7%
7.3%₹764.00₹660.00n/a2
Aug ’25₹529.10
₹722.00
+36.5%
5.8%₹764.00₹680.00n/a2
Jul ’25₹573.30
₹722.00
+25.9%
5.8%₹764.00₹680.00n/a2
Jun ’25₹565.40
₹707.00
+25.0%
8.1%₹764.00₹650.00n/a2
May ’25₹676.35
₹645.00
-4.6%
0.8%₹650.00₹640.00n/a2
Apr ’25₹635.25
₹645.00
+1.5%
0.8%₹650.00₹640.00n/a2
Mar ’25₹602.30
₹645.00
+7.1%
0.8%₹650.00₹640.00n/a2
Feb ’25₹562.10
₹591.50
+5.2%
8.2%₹640.00₹543.00n/a2
Jan ’25₹551.70
₹536.50
-2.8%
1.2%₹543.00₹530.00n/a2
Dec ’24₹508.30
₹536.50
+5.5%
1.2%₹543.00₹530.00n/a2
Nov ’24₹461.30
₹522.50
+13.3%
1.4%₹530.00₹515.00₹530.852
Oct ’24₹492.05
₹522.50
+6.2%
1.4%₹530.00₹515.00₹601.602
Sep ’24₹476.55
₹522.50
+9.6%
1.4%₹530.00₹515.00₹517.102
Aug ’24₹432.05
₹445.00
+3.0%
13.9%₹530.00₹385.00₹529.103
Jul ’24₹400.25
₹445.00
+11.2%
13.9%₹530.00₹385.00₹573.303
Jun ’24₹335.55
₹482.00
+43.6%
19.1%₹606.00₹385.00₹565.403
May ’24₹296.75
₹455.75
+53.6%
20.2%₹606.00₹377.00₹676.354
Apr ’24₹262.55
₹436.75
+66.3%
14.1%₹530.00₹377.00₹635.254
Mar ’24₹295.65
₹436.75
+47.7%
14.1%₹530.00₹377.00₹602.304
Feb ’24₹342.40
₹469.50
+37.1%
17.9%₹606.00₹377.00₹562.104
Jan ’24₹373.35
₹474.50
+27.1%
17.6%₹606.00₹377.00₹551.704
Dec ’23₹386.20
₹474.50
+22.9%
17.6%₹606.00₹377.00₹508.304
Nov ’23₹352.30
₹475.75
+35.0%
20.2%₹606.00₹377.00₹461.304

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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