Heritage Foods Limited

NSEI:HERITGFOOD Stock Report

Market Cap: ₹43.0b

Heritage Foods Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: HERITGFOOD (₹463.05) is trading above our estimate of fair value (₹366.77)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HERITGFOOD. This is calculated by dividing HERITGFOOD's market cap by their current earnings.
What is HERITGFOOD's PE Ratio?
PE Ratio24.6x
Earnings₹1.74b
Market Cap₹42.97b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HERITGFOOD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.8x
GOKULAGRO Gokul Agro Resources
22.6xn/a₹45.6b
500041 Bannari Amman Sugars
32.7xn/a₹42.7b
519183 ADF Foods
42.1x22.9%₹33.4b
519126 Hindustan Foods
65.9x34.3%₹62.7b
HERITGFOOD Heritage Foods
24.6x17.5%₹43.0b

Price-To-Earnings vs Peers: HERITGFOOD is good value based on its Price-To-Earnings Ratio (24.6x) compared to the peer average (40.8x).

Price to Earnings Ratio vs Industry

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

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
539594 Mishtann Foods
4.1xn/aUS$178.91m
ZUARIIND Zuari Industries
1.3xn/aUS$110.69m
SARVESHWAR Sarveshwar Foods
3.1xn/aUS$103.05m
507315 Sakthi Sugars
4.5xn/aUS$44.07m
HERITGFOOD 24.6xIndustry Avg. 24.0xNo. of Companies25PE020406080100+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HERITGFOOD is expensive based on its Price-To-Earnings Ratio (24.6x) compared to the Indian Food industry average (23.9x).

Price to Earnings Ratio vs Fair Ratio

What is HERITGFOOD'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.

HERITGFOOD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.6x
Fair PE Ratio34.5x

Price-To-Earnings vs Fair Ratio: HERITGFOOD is good value based on its Price-To-Earnings Ratio (24.6x) compared to the estimated Fair Price-To-Earnings Ratio (34.5x).

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 HERITGFOOD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹463.05
₹668.50
+44.4%
5.5%₹724.00₹625.00n/a4
Nov ’25₹529.75
₹668.50
+26.2%
5.5%₹724.00₹625.00n/a4
Oct ’25₹643.20
₹645.00
+0.3%
4.2%₹675.00₹610.00n/a3
Sep ’25₹563.95
₹645.00
+14.4%
4.2%₹675.00₹610.00n/a3
Aug ’25₹579.10
₹570.00
-1.6%
15.2%₹650.00₹450.00n/a3
Jul ’25₹559.35
₹431.50
-22.9%
5.1%₹450.00₹396.00n/a4
Jun ’25₹402.90
₹412.75
+2.4%
7.1%₹450.00₹375.00n/a4
May ’25₹332.50
₹403.50
+21.4%
6.9%₹450.00₹375.00n/a4
Apr ’25₹338.75
₹358.67
+5.9%
10.2%₹393.00₹308.00n/a3
Mar ’25₹344.25
₹358.67
+4.2%
10.2%₹393.00₹308.00n/a3
Feb ’25₹318.15
₹358.67
+12.7%
10.2%₹393.00₹308.00n/a3
Jan ’25₹304.35
₹299.33
-1.6%
2.5%₹308.00₹290.00n/a3
Dec ’24₹238.65
₹299.33
+25.4%
2.5%₹308.00₹290.00n/a3
Nov ’24₹220.55
₹311.00
+41.0%
7.4%₹343.00₹290.00₹529.753
Oct ’24₹231.15
₹295.00
+27.6%
1.7%₹300.00₹290.00₹643.202
Sep ’24₹256.05
₹295.00
+15.2%
1.7%₹300.00₹290.00₹563.952
Aug ’24₹252.25
₹270.00
+7.0%
7.4%₹290.00₹250.00₹579.102
Jul ’24₹210.25
₹242.50
+15.3%
3.1%₹250.00₹235.00₹559.352
Jun ’24₹209.30
₹242.50
+15.9%
3.1%₹250.00₹235.00₹402.902
May ’24₹169.15
₹290.00
+71.4%
31.0%₹380.00₹200.00₹332.502
Apr ’24₹144.15
₹290.00
+101.2%
31.0%₹380.00₹200.00₹338.752
Mar ’24₹144.85
₹290.00
+100.2%
31.0%₹380.00₹200.00₹344.252
Feb ’24₹155.25
₹290.00
+86.8%
31.0%₹380.00₹200.00₹318.152
Jan ’24₹358.70
₹348.33
-2.9%
13.9%₹385.00₹280.00₹304.353
Dec ’23₹325.30
₹348.33
+7.1%
13.9%₹385.00₹280.00₹238.653
Nov ’23₹302.70
₹348.33
+15.1%
13.9%₹385.00₹280.00₹220.553

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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