Welspun Corp Limited

BSE:532144 Stock Report

Market Cap: ₹177.9b

Welspun Valuation

Is 532144 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 532144 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532144 (₹678.05) is trading above our estimate of fair value (₹83.67)

Significantly Below Fair Value: 532144 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532144?

Key metric: As 532144 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532144. This is calculated by dividing 532144's market cap by their current earnings.
What is 532144's PE Ratio?
PE Ratio16.2x
Earnings₹10.95b
Market Cap₹177.89b

Price to Earnings Ratio vs Peers

How does 532144's PE Ratio compare to its peers?

The above table shows the PE ratio for 532144 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.7x
JINDALSAW Jindal Saw
9.5x5.5%₹187.6b
RKFORGE Ramkrishna Forgings
45.2x16.3%₹168.7b
520111 Ratnamani Metals & Tubes
41.6x17.1%₹247.2b
JAIBALAJI Jai Balaji Industries
18.7xn/a₹162.3b
532144 Welspun
16.2x15.2%₹177.9b

Price-To-Earnings vs Peers: 532144 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (28.7x).

Price to Earnings Ratio vs Industry

How does 532144's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
590078 Maithan Alloys
3.8xn/aUS$372.19m
526608 Electrotherm (India)
3.7xn/aUS$164.71m
PRAKASHSTL Prakash Steelage
3.8xn/aUS$16.83m
522165 Indsil Hydro Power and Manganese
1.6xn/aUS$16.53m
532144 16.2xIndustry Avg. 24.5xNo. of Companies30PE01632486480+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532144 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the Indian Metals and Mining industry average (24.5x).

Price to Earnings Ratio vs Fair Ratio

What is 532144'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.

532144 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.2x
Fair PE Ratio31.1x

Price-To-Earnings vs Fair Ratio: 532144 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the estimated Fair Price-To-Earnings Ratio (31.1x).

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 532144 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹678.05
₹806.33
+18.9%
10.0%₹920.00₹740.00n/a3
Nov ’25₹732.55
₹708.33
-3.3%
4.9%₹740.00₹660.00n/a3
Oct ’25₹738.80
₹708.33
-4.1%
4.9%₹740.00₹660.00n/a3
Sep ’25₹707.80
₹708.33
+0.08%
4.9%₹740.00₹660.00n/a3
Aug ’25₹650.30
₹654.00
+0.6%
0.9%₹662.00₹650.00n/a3
Jul ’25₹558.85
₹637.33
+14.0%
4.2%₹662.00₹600.00n/a3
Jun ’25₹549.45
₹619.00
+12.7%
16.5%₹755.00₹471.00n/a4
May ’25₹564.25
₹640.25
+13.5%
16.3%₹755.00₹471.00n/a4
Apr ’25₹552.20
₹640.25
+15.9%
16.3%₹755.00₹471.00n/a4
Mar ’25₹532.80
₹640.25
+20.2%
16.3%₹755.00₹471.00n/a4
Feb ’25₹588.80
₹512.00
-13.0%
20.2%₹601.00₹328.00n/a5
Jan ’25₹571.05
₹512.00
-10.3%
20.2%₹601.00₹328.00n/a5
Dec ’24₹531.80
₹512.00
-3.7%
20.2%₹601.00₹328.00n/a5
Nov ’24₹434.45
₹430.20
-1.0%
17.5%₹550.00₹328.00₹732.555
Oct ’24₹393.70
₹420.00
+6.7%
19.3%₹550.00₹328.00₹738.804
Sep ’24₹338.60
₹376.67
+11.2%
9.3%₹410.00₹328.00₹707.803
Aug ’24₹325.00
₹319.33
-1.7%
4.3%₹330.00₹300.00₹650.303
Jul ’24₹260.80
₹315.00
+20.8%
4.8%₹330.00₹300.00₹558.852
Jun ’24₹260.15
₹315.00
+21.1%
4.8%₹330.00₹300.00₹549.452
May ’24₹225.05
₹287.50
+27.7%
4.3%₹300.00₹275.00₹564.252
Apr ’24₹200.95
₹287.50
+43.1%
4.3%₹300.00₹275.00₹552.202
Mar ’24₹192.70
₹287.50
+49.2%
4.3%₹300.00₹275.00₹532.802
Feb ’24₹205.55
₹287.50
+39.9%
4.3%₹300.00₹275.00₹588.802
Jan ’24₹236.95
₹287.50
+21.3%
4.3%₹300.00₹275.00₹571.052
Dec ’23₹245.00
₹287.50
+17.3%
4.3%₹300.00₹275.00₹531.802
Nov ’23₹219.35
₹276.50
+26.1%
3.1%₹285.00₹268.00₹434.452

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

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