Hatsun Agro Product Valuation

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

HATSUN (₹1091.2) is trading above our estimate of [[fair value]] (₹81.21)

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

Below Fair Value: HATSUN (₹1091.2) is trading above our estimate of fair value (₹81.21)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HATSUN. This is calculated by dividing HATSUN's market cap by their current earnings.
What is HATSUN's PE Ratio?
PE Ratio	79.8x
Earnings	₹3.04b
Market Cap	₹243.04b

HATSUN 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	3.2x
Enterprise Value/EBITDA	28.4x
PEG Ratio	2.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HATSUN 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	41.3x
501425 Bombay Burmah Trading Corporation	14.5x	27.6%	₹173.6b
BIKAJI Bikaji Foods International	69.1x	16.2%	₹200.8b
AWL Adani Wilmar	41.5x	11.7%	₹407.3b
531335 Zydus Wellness	40.1x	15.2%	₹128.0b
HATSUN Hatsun Agro Product	79.8x	28.2%	₹243.0b

Price-To-Earnings vs Peers: HATSUN is expensive based on its Price-To-Earnings Ratio (79.8x) compared to the peer average (41.3x).

Price to Earnings Ratio vs Industry

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

11 Companies	Price / Earnings	Estimated Growth	Market Cap
539594 Mishtann Foods	4.1x	n/a	US$179.77m
ZUARIIND Zuari Industries	1.3x	n/a	US$114.83m
SARVESHWAR Sarveshwar Foods	3.4x	n/a	US$110.68m
507315 Sakthi Sugars	4.7x	n/a	US$46.21m

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HATSUN is expensive based on its Price-To-Earnings Ratio (79.8x) compared to the Indian Food industry average (24.4x).

Price to Earnings Ratio vs Fair Ratio

What is HATSUN'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.

HATSUN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	79.8x
Fair PE Ratio	48.1x

Price-To-Earnings vs Fair Ratio: HATSUN is expensive based on its Price-To-Earnings Ratio (79.8x) compared to the estimated Fair Price-To-Earnings Ratio (48.1x).

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 HATSUN 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	₹1,091.20	₹1,050.00 -3.8%	33.3%	₹1,400.00	₹700.00	n/a	2
Nov ’25	₹1,110.60	₹1,050.00 -5.5%	33.3%	₹1,400.00	₹700.00	n/a	2
Oct ’25	₹1,176.75	₹1,050.00 -10.8%	33.3%	₹1,400.00	₹700.00	n/a	2
Sep ’25	₹1,311.60	₹1,050.00 -19.9%	33.3%	₹1,400.00	₹700.00	n/a	2
Aug ’25	₹1,217.40	₹1,050.00 -13.8%	33.3%	₹1,400.00	₹700.00	n/a	2
Jul ’25	₹1,052.50	₹945.00 -10.2%	25.9%	₹1,190.00	₹700.00	n/a	2
Jun ’25	₹1,011.85	₹945.00 -6.6%	25.9%	₹1,190.00	₹700.00	n/a	2
May ’25	₹1,101.30	₹945.00 -14.2%	25.9%	₹1,190.00	₹700.00	n/a	2

Analyst Forecast: Target price is lower than the current share price.

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