Marico Limited

BSE:531642 Stock Report

Market Cap: ₹765.2b

Marico Valuation

Is 531642 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 531642 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 531642 (₹590.8) is trading above our estimate of fair value (₹243.13)

Significantly Below Fair Value: 531642 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 531642?

Key metric: As 531642 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 531642. This is calculated by dividing 531642's market cap by their current earnings.
What is 531642's PE Ratio?
PE Ratio48.2x
Earnings₹15.88b
Market Cap₹765.18b

Price to Earnings Ratio vs Peers

How does 531642's PE Ratio compare to its peers?

The above table shows the PE ratio for 531642 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average58.9x
TATACONSUM Tata Consumer Products
78.4x21.7%₹907.5b
PATANJALI Patanjali Foods
64x33.3%₹670.5b
BRITANNIA Britannia Industries
54.3x11.8%₹1.2t
AWL Adani Wilmar
39x11.7%₹425.8b
531642 Marico
48.2x10.3%₹765.2b

Price-To-Earnings vs Peers: 531642 is good value based on its Price-To-Earnings Ratio (48.2x) compared to the peer average (58.9x).

Price to Earnings Ratio vs Industry

How does 531642's PE Ratio compare vs other companies in the IN Food Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
539594 Mishtann Foods
4.1xn/aUS$179.95m
ZUARIIND Zuari Industries
1.2xn/aUS$112.92m
SARVESHWAR Sarveshwar Foods
3.1xn/aUS$104.44m
507315 Sakthi Sugars
4.4xn/aUS$44.10m
531642 48.2xIndustry Avg. 24.3xNo. of Companies26PE020406080100+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 531642 is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the Indian Food industry average (24.3x).

Price to Earnings Ratio vs Fair Ratio

What is 531642'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.

531642 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.2x
Fair PE Ratio37.4x

Price-To-Earnings vs Fair Ratio: 531642 is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the estimated Fair Price-To-Earnings Ratio (37.4x).

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 531642 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹590.80
₹706.55
+19.6%
9.7%₹823.00₹482.00n/a38
Nov ’25₹646.40
₹708.00
+9.5%
9.7%₹823.00₹482.00n/a38
Oct ’25₹693.40
₹702.58
+1.3%
11.5%₹821.00₹470.00n/a38
Sep ’25₹647.85
₹696.66
+7.5%
11.4%₹801.00₹460.00n/a38
Aug ’25₹674.95
₹633.97
-6.1%
9.9%₹755.00₹460.00n/a39
Jul ’25₹620.05
₹625.33
+0.9%
9.6%₹755.00₹460.00n/a39
Jun ’25₹595.45
₹607.23
+2.0%
7.0%₹678.00₹460.00n/a39
May ’25₹517.70
₹576.00
+11.3%
7.0%₹650.00₹451.00n/a39
Apr ’25₹495.95
₹579.46
+16.8%
6.3%₹650.00₹496.00n/a39
Mar ’25₹524.85
₹579.46
+10.4%
6.3%₹650.00₹496.00n/a39
Feb ’25₹536.00
₹578.18
+7.9%
6.1%₹650.00₹496.00n/a38
Jan ’25₹541.95
₹593.46
+9.5%
5.9%₹660.00₹535.00n/a38
Dec ’24₹537.00
₹594.40
+10.7%
5.7%₹660.00₹538.00n/a38
Nov ’24₹534.85
₹596.09
+11.5%
5.9%₹660.00₹538.00₹646.4037
Oct ’24₹561.50
₹611.17
+8.8%
6.5%₹690.00₹527.00₹693.4035
Sep ’24₹568.15
₹608.14
+7.0%
6.3%₹690.00₹527.00₹647.8537
Aug ’24₹557.70
₹607.73
+9.0%
6.2%₹690.00₹527.00₹674.9537
Jul ’24₹530.85
₹575.57
+8.4%
6.2%₹690.00₹525.00₹620.0535
Jun ’24₹556.20
₹574.29
+3.3%
6.6%₹690.00₹490.00₹595.4535
May ’24₹497.95
₹557.03
+11.9%
6.7%₹650.00₹460.00₹517.7033
Apr ’24₹479.70
₹560.50
+16.8%
6.3%₹650.00₹460.00₹495.9532
Mar ’24₹495.15
₹565.54
+14.2%
6.7%₹650.00₹460.00₹524.8535
Feb ’24₹503.95
₹572.00
+13.5%
6.4%₹645.00₹460.00₹536.0035
Jan ’24₹509.85
₹572.77
+12.3%
6.5%₹645.00₹460.00₹541.9535
Dec ’23₹501.90
₹572.34
+14.0%
6.5%₹645.00₹460.00₹537.0035
Nov ’23₹531.50
₹572.50
+7.7%
7.0%₹645.00₹460.00₹534.8534

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

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