Nilkamal Limited

BSE:523385 Stock Report

Market Cap: ₹27.3b

Nilkamal Valuation

Is 523385 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 523385 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 523385 (₹1812.1) is trading above our estimate of fair value (₹631.97)

Significantly Below Fair Value: 523385 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 523385?

Key metric: As 523385 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 523385. This is calculated by dividing 523385's market cap by their current earnings.
What is 523385's PE Ratio?
PE Ratio23.4x
Earnings₹1.16b
Market Cap₹27.29b

Price to Earnings Ratio vs Peers

How does 523385's PE Ratio compare to its peers?

The above table shows the PE ratio for 523385 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.2x
533080 Mold-Tek Packaging
35x18.4%₹22.0b
EKC Everest Kanto Cylinder
19.3x25.0%₹22.7b
500187 AGI Greenpac
21.9xn/a₹58.5b
JAICORPLTD Jai
76.6xn/a₹51.0b
523385 Nilkamal
23.4x18.2%₹27.0b

Price-To-Earnings vs Peers: 523385 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the peer average (38.2x).

Price to Earnings Ratio vs Industry

How does 523385's PE Ratio compare vs other companies in the IN Packaging Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
515145 Hindusthan National Glass & Industries
3xn/aUS$24.64m
FLEXITUFF Flexituff Ventures International
1.3xn/aUS$21.80m
SMVD SMVD Poly Pack
1xn/aUS$1.75m
523315 Purity Flexpack
0.2xn/aUS$27.40k
No more companies available in this PE range
523385 23.4xIndustry Avg. 24.8xNo. of Companies8PE01632486480+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 523385 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the Indian Packaging industry average (24.8x).

Price to Earnings Ratio vs Fair Ratio

What is 523385'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.

523385 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.4x
Fair PE Ratio23.6x

Price-To-Earnings vs Fair Ratio: 523385 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the estimated Fair Price-To-Earnings Ratio (23.5x).

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 523385 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,812.10
₹2,377.50
+31.2%
16.0%₹2,759.00₹1,996.00n/a2
Dec ’24₹2,206.80
₹2,550.50
+15.6%
7.2%₹2,734.00₹2,367.00n/a2
Nov ’24₹2,284.10
₹2,680.50
+17.4%
2.0%₹2,734.00₹2,627.00₹1,944.952
Oct ’24₹2,274.05
₹2,680.50
+17.9%
2.0%₹2,734.00₹2,627.00₹1,901.102
Sep ’24₹2,424.40
₹2,680.50
+10.6%
2.0%₹2,734.00₹2,627.00₹1,866.802
Aug ’24₹2,705.15
₹2,589.50
-4.3%
5.6%₹2,734.00₹2,445.00₹1,900.752
Jul ’24₹2,434.55
₹2,589.50
+6.4%
5.6%₹2,734.00₹2,445.00₹1,998.502
Jun ’24₹2,273.10
₹2,589.50
+13.9%
5.6%₹2,734.00₹2,445.00₹1,804.502
May ’24₹2,055.80
₹2,537.50
+23.4%
11.8%₹2,838.00₹2,237.00₹1,957.502
Apr ’24₹1,751.75
₹2,537.50
+44.9%
11.8%₹2,838.00₹2,237.00₹1,728.902
Mar ’24₹1,813.90
₹2,537.50
+39.9%
11.8%₹2,838.00₹2,237.00₹1,948.502
Feb ’24₹1,867.85
₹2,469.50
+32.2%
14.9%₹2,838.00₹2,101.00₹2,112.152
Jan ’24₹1,886.35
₹2,469.50
+30.9%
14.9%₹2,838.00₹2,101.00₹2,231.752
Dec ’23₹1,924.00
₹2,469.50
+28.4%
14.9%₹2,838.00₹2,101.00₹2,206.802
Nov ’23₹2,072.25
₹2,625.00
+26.7%
13.7%₹2,985.00₹2,265.00₹2,284.102

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.

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