Apcotex Industries Limited

BSE:523694 Stock Report

Market Cap: ₹19.4b

Apcotex Industries Valuation

Is 523694 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 523694 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 523694 (₹373.7) is trading above our estimate of fair value (₹223.43)

Significantly Below Fair Value: 523694 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 523694?

Key metric: As 523694 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 523694. This is calculated by dividing 523694's market cap by their current earnings.
What is 523694's PE Ratio?
PE Ratio37.1x
Earnings₹522.01m
Market Cap₹19.37b

Price to Earnings Ratio vs Peers

How does 523694's PE Ratio compare to its peers?

The above table shows the PE ratio for 523694 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47x
506480 GOCL
28.7xn/a₹17.8b
531921 Agarwal Industrial
15.7xn/a₹19.3b
500199 I G Petrochemicals
30.4x43.9%₹16.7b
CHEMFAB Chemfab Alkalis
113.2xn/a₹14.6b
523694 Apcotex Industries
37.1x40.3%₹19.4b

Price-To-Earnings vs Peers: 523694 is good value based on its Price-To-Earnings Ratio (37.1x) compared to the peer average (47x).

Price to Earnings Ratio vs Industry

How does 523694's PE Ratio compare vs other companies in the IN Chemicals Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$65.17m
UNIVPHOTO Universus Photo Imagings
3.1xn/aUS$30.87m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$8.20m
526143 MPL Plastics
1.7xn/aUS$1.82m
523694 37.1xIndustry Avg. 32.1xNo. of Companies35PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 523694 is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the Indian Chemicals industry average (32.1x).

Price to Earnings Ratio vs Fair Ratio

What is 523694'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.

523694 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.1x
Fair PE Ratio35.5x

Price-To-Earnings vs Fair Ratio: 523694 is expensive based on its Price-To-Earnings Ratio (37.1x) compared to the estimated Fair Price-To-Earnings Ratio (35.5x).

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 523694 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹373.70
₹471.50
+26.2%
3.5%₹488.00₹455.00n/a2
Dec ’25₹371.85
₹471.50
+26.8%
3.5%₹488.00₹455.00n/a2
Nov ’25₹396.35
₹471.50
+19.0%
3.5%₹488.00₹455.00n/a2
Oct ’25₹425.15
₹487.50
+14.7%
1.5%₹495.00₹480.00n/a2
Sep ’25₹464.30
₹487.50
+5.0%
1.5%₹495.00₹480.00n/a2
Aug ’25₹457.20
₹487.50
+6.6%
1.5%₹495.00₹480.00n/a2
Jul ’25₹439.75
₹473.00
+7.6%
8.5%₹513.00₹433.00n/a2
Jun ’25₹405.10
₹473.00
+16.8%
8.5%₹513.00₹433.00n/a2
May ’25₹450.70
₹553.50
+22.8%
3.0%₹570.00₹537.00n/a2
Apr ’25₹446.25
₹553.50
+24.0%
3.0%₹570.00₹537.00n/a2
Mar ’25₹471.70
₹553.50
+17.3%
3.0%₹570.00₹537.00n/a2
Feb ’25₹483.15
₹553.50
+14.6%
3.0%₹570.00₹537.00n/a2
Jan ’25₹506.10
₹479.50
-5.3%
0.9%₹484.00₹475.00n/a2
Dec ’24₹527.55
₹479.50
-9.1%
0.9%₹484.00₹475.00₹371.852
Nov ’24₹482.40
₹479.50
-0.6%
0.9%₹484.00₹475.00₹396.352
Jul ’24₹531.95
₹600.50
+12.9%
4.2%₹626.00₹575.00₹439.752
Jun ’24₹498.25
₹600.50
+20.5%
4.2%₹626.00₹575.00₹405.102
May ’24₹501.60
₹600.50
+19.7%
4.2%₹626.00₹575.00₹450.702
Apr ’24₹487.20
₹558.00
+14.5%
12.2%₹626.00₹490.00₹446.252
Mar ’24₹446.15
₹558.00
+25.1%
12.2%₹626.00₹490.00₹471.702
Feb ’24₹420.35
₹558.00
+32.7%
12.2%₹626.00₹490.00₹483.152
Jan ’24₹466.45
₹628.00
+34.6%
0.3%₹630.00₹626.00₹506.102

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:27
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Apcotex Industries Limited is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
null nullCNI Research Limited
Sanjay ChawlaEmkay Global Financial Services Ltd.