Garware Technical Fibres Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: GARFIBRES (₹3952.05) is trading above our estimate of fair value (₹1439.82)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GARFIBRES. This is calculated by dividing GARFIBRES's market cap by their current earnings.
What is GARFIBRES's PE Ratio?
PE Ratio	34.8x
Earnings	₹2.25b
Market Cap	₹78.45b

GARFIBRES 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/Revenue	5.5x
Enterprise Value/EBITDA	26.7x
PEG Ratio	2.1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GARFIBRES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	35x
521016 Indo Count Industries	21.7x	18.2%	₹67.2b
500101 Arvind	30.9x	28.1%	₹89.7b
514167 Ganesha Ecosphere	70.6x	36.7%	₹59.3b
502986 Vardhman Textiles	16.5x	14.3%	₹131.3b
GARFIBRES Garware Technical Fibres	34.8x	16.8%	₹78.5b

Price-To-Earnings vs Peers: GARFIBRES is good value based on its Price-To-Earnings Ratio (34.8x) compared to the peer average (35x).

Price to Earnings Ratio vs Industry

How does GARFIBRES's PE Ratio compare vs other companies in the IN Luxury Industry?

11 Companies	Price / Earnings	Estimated Growth	Market Cap
BOMDYEING Bombay Dyeing and Manufacturing	1.2x	n/a	US$504.13m
503804 Shri Dinesh Mills	4.8x	n/a	US$26.98m
INDIANCARD Indian Card Clothing	2x	n/a	US$18.11m
521034 Soma Textiles & Industries	1.7x	n/a	US$17.80m

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: GARFIBRES is expensive based on its Price-To-Earnings Ratio (34.8x) compared to the Indian Luxury industry average (27.8x).

Price to Earnings Ratio vs Fair Ratio

What is GARFIBRES'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.

GARFIBRES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	34.8x
Fair PE Ratio	35.2x

Price-To-Earnings vs Fair Ratio: GARFIBRES is good value based on its Price-To-Earnings Ratio (34.8x) compared to the estimated Fair Price-To-Earnings Ratio (35.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.