Himatsingka Seide Valuation

Q: What is the Fair Price of HIMATSEIDE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HIMATSEIDE (₹146.89) is trading above our estimate of [[fair value]] (₹36.91)

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

Below Fair Value: HIMATSEIDE (₹146.89) is trading above our estimate of fair value (₹36.91)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HIMATSEIDE. This is calculated by dividing HIMATSEIDE's market cap by their current earnings.
What is HIMATSEIDE's PE Ratio?
PE Ratio	19x
Earnings	₹971.55m
Market Cap	₹18.47b

HIMATSEIDE 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	1.6x
Enterprise Value/EBITDA	8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HIMATSEIDE 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	34.1x
SANGAMIND Sangam (India)	48.5x	n/a	₹18.1b
CENTENKA Century Enka	19.4x	n/a	₹13.7b
508933 AYM Syntex	54.6x	n/a	₹13.4b
NITINSPIN Nitin Spinners	13.8x	23.7%	₹21.5b
HIMATSEIDE Himatsingka Seide	19x	n/a	₹18.5b

Price-To-Earnings vs Peers: HIMATSEIDE is good value based on its Price-To-Earnings Ratio (19x) compared to the peer average (34.1x).

Price to Earnings Ratio vs Industry

How does HIMATSEIDE'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: HIMATSEIDE is good value based on its Price-To-Earnings Ratio (19x) compared to the Indian Luxury industry average (27.8x).

Price to Earnings Ratio vs Fair Ratio

What is HIMATSEIDE'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.

HIMATSEIDE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HIMATSEIDE's Price-To-Earnings Fair Ratio for valuation analysis.

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 HIMATSEIDE forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	₹146.89	₹182.50 +24.2%	15.1%	₹210.00	₹155.00	n/a	2
Nov ’25	₹170.83	₹182.50 +6.8%	15.1%	₹210.00	₹155.00	n/a	2
Oct ’25	₹152.79	₹182.00 +19.1%	14.8%	₹209.00	₹155.00	n/a	2
Sep ’25	₹148.20	₹182.00 +22.8%	14.8%	₹209.00	₹155.00	n/a	2
Aug ’25	₹144.89	₹161.00 +11.1%	3.7%	₹167.00	₹155.00	n/a	2
Jul ’25	₹143.11	₹161.00 +12.5%	3.7%	₹167.00	₹155.00	n/a	2
Jun ’25	₹126.95	₹200.50 +57.9%	10.2%	₹221.00	₹180.00	n/a	2
May ’25	₹143.20	₹200.50 +40.0%	10.2%	₹221.00	₹180.00	n/a	2
Apr ’25	₹135.40	₹200.50 +48.1%	10.2%	₹221.00	₹180.00	n/a	2
Mar ’25	₹145.80	₹200.50 +37.5%	10.2%	₹221.00	₹180.00	n/a	2
Feb ’25	₹165.50	₹193.00 +16.6%	14.5%	₹221.00	₹165.00	n/a	2
Nov ’24	₹155.70	₹162.50 +4.4%	1.5%	₹165.00	₹160.00	₹170.83	2
Oct ’24	₹136.95	₹150.00 +9.5%	6.7%	₹160.00	₹140.00	₹152.79	2
Sep ’24	₹147.60	₹150.00 +1.6%	6.7%	₹160.00	₹140.00	₹148.20	2
Aug ’24	₹126.25	₹130.00 +3.0%	7.7%	₹140.00	₹120.00	₹144.89	2
Jun ’24	₹103.30	₹108.50 +5.0%	10.6%	₹120.00	₹97.00	₹126.95	2
May ’24	₹81.90	₹93.50 +14.2%	3.7%	₹97.00	₹90.00	₹143.20	2
Apr ’24	₹69.10	₹93.50 +35.3%	3.7%	₹97.00	₹90.00	₹135.40	2
Mar ’24	₹79.20	₹103.33 +30.5%	13.7%	₹123.00	₹90.00	₹145.80	3
Feb ’24	₹71.75	₹118.50 +65.2%	16.4%	₹148.00	₹97.00	₹165.50	4
Jan ’24	₹83.00	₹118.50 +42.8%	16.4%	₹148.00	₹97.00	₹171.90	4
Dec ’23	₹96.85	₹118.50 +22.4%	16.4%	₹148.00	₹97.00	₹163.00	4
Nov ’23	₹103.05	₹125.67 +21.9%	13.7%	₹148.00	₹106.00	₹155.70	3

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.