Grindwell Norton Limited

NSEI:GRINDWELL Stock Report

Market Cap: ₹238.8b

Grindwell Norton Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: GRINDWELL (₹2160.55) is trading above our estimate of fair value (₹518.66)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

GRINDWELL 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/Revenue8.5x
Enterprise Value/EBITDA39.7x
PEG Ratio4.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GRINDWELL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60x
500472 SKF India
44.3x12.3%₹244.7b
ELGIEQUIP Elgi Equipments
49x6.3%₹198.7b
522113 Timken India
73x18.4%₹259.4b
73.7x28.7%₹156.5b
GRINDWELL Grindwell Norton
62.2x13.1%₹238.8b

Price-To-Earnings vs Peers: GRINDWELL is expensive based on its Price-To-Earnings Ratio (62.2x) compared to the peer average (60x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a15.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a15.6%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: GRINDWELL is expensive based on its Price-To-Earnings Ratio (62.2x) compared to the Indian Machinery industry average (39.1x).


Price to Earnings Ratio vs Fair Ratio

What is GRINDWELL'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.

GRINDWELL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio62.2x
Fair PE Ratio32.6x

Price-To-Earnings vs Fair Ratio: GRINDWELL is expensive based on its Price-To-Earnings Ratio (62.2x) compared to the estimated Fair Price-To-Earnings Ratio (32.6x).


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 GRINDWELL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,160.55
₹2,262.17
+4.7%
5.1%₹2,512.00₹2,180.00n/a6
May ’25₹2,126.65
₹2,232.33
+5.0%
5.7%₹2,512.00₹2,130.00n/a6
Apr ’25₹1,948.80
₹2,236.50
+14.8%
5.7%₹2,512.00₹2,130.00n/a6
Mar ’25₹2,110.15
₹2,236.50
+6.0%
5.7%₹2,512.00₹2,130.00n/a6
Feb ’25₹2,329.20
₹2,258.67
-3.0%
7.6%₹2,604.00₹2,030.00n/a6
Jan ’25₹2,359.60
₹2,263.40
-4.1%
8.3%₹2,604.00₹2,030.00n/a5
Dec ’24₹2,109.00
₹2,298.67
+9.0%
8.2%₹2,604.00₹2,030.00n/a6
Nov ’24₹2,140.35
₹2,301.50
+7.5%
8.3%₹2,604.00₹2,047.00n/a6
Oct ’24₹2,078.65
₹2,301.50
+10.7%
8.3%₹2,604.00₹2,047.00n/a6
Sep ’24₹2,251.05
₹2,301.50
+2.2%
8.3%₹2,604.00₹2,047.00n/a6
Aug ’24₹2,439.50
₹2,241.83
-8.1%
10.6%₹2,604.00₹1,897.00n/a6
Jul ’24₹2,280.45
₹2,216.83
-2.8%
11.2%₹2,604.00₹1,897.00n/a6
Jun ’24₹2,116.95
₹2,130.67
+0.6%
8.4%₹2,475.00₹1,897.00n/a6
May ’24₹1,900.40
₹2,147.17
+13.0%
4.8%₹2,340.00₹2,041.00₹2,126.656
Apr ’24₹1,878.40
₹2,147.17
+14.3%
4.8%₹2,340.00₹2,041.00₹1,948.806
Mar ’24₹1,823.30
₹2,147.17
+17.8%
4.8%₹2,340.00₹2,041.00₹2,110.156
Feb ’24₹1,986.90
₹2,130.17
+7.2%
7.8%₹2,460.00₹1,957.00₹2,329.206
Jan ’24₹1,783.65
₹2,130.17
+19.4%
7.8%₹2,460.00₹1,957.00₹2,359.606
Dec ’23₹1,945.70
₹2,130.17
+9.5%
7.8%₹2,460.00₹1,957.00₹2,109.006
Nov ’23₹2,140.15
₹1,952.83
-8.8%
9.0%₹2,196.00₹1,670.00₹2,140.356
Oct ’23₹2,064.15
₹1,952.83
-5.4%
9.0%₹2,196.00₹1,670.00₹2,078.656
Sep ’23₹2,217.40
₹1,952.83
-11.9%
9.0%₹2,196.00₹1,670.00₹2,251.056
Aug ’23₹1,890.35
₹1,932.00
+2.2%
8.7%₹2,196.00₹1,709.00₹2,439.506
Jul ’23₹1,687.00
₹1,870.00
+10.8%
4.8%₹1,986.00₹1,709.00₹2,280.455
Jun ’23₹1,720.65
₹1,870.00
+8.7%
4.8%₹1,986.00₹1,709.00₹2,116.955
May ’23₹1,712.95
₹1,908.75
+11.4%
8.0%₹2,084.00₹1,737.00₹1,900.404

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


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