RHI Magnesita India Limited

BSE:534076 Stock Report

Market Cap: ₹106.8b

RHI Magnesita India Valuation

Is 534076 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 534076 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 534076 (₹498.4) is trading above our estimate of fair value (₹429.47)

Significantly Below Fair Value: 534076 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 534076?

Key metric: As 534076 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 534076. This is calculated by dividing 534076's market cap by their current revenue.
What is 534076's PS Ratio?
PS Ratio2.8x
Sales₹36.12b
Market Cap₹106.83b

Price to Sales Ratio vs Peers

How does 534076's PS Ratio compare to its peers?

The above table shows the PS ratio for 534076 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.5x
NUVOCO Nuvoco Vistas
1.2x7.6%₹120.7b
500338 Prism Johnson
1.3x7.4%₹91.8b
INDIACEM India Cements
2.5x10.9%₹110.6b
500335 Birla
0.9x7.0%₹85.8b
534076 RHI Magnesita India
2.8x11.7%₹106.8b

Price-To-Sales vs Peers: 534076 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the peer average (1.5x).

Price to Sales Ratio vs Industry

How does 534076's PS Ratio compare vs other companies in the IN Basic Materials Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
502271 Raasi Refractories
0.2xn/aUS$1.10m
No more companies available in this PS range
534076 2.8xIndustry Avg. 2.0xNo. of Companies10PS01.22.43.64.86+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 534076 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the Indian Basic Materials industry average (2x).

Price to Sales Ratio vs Fair Ratio

What is 534076's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

534076 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.8x
Fair PS Ratio2.2x

Price-To-Sales vs Fair Ratio: 534076 is expensive based on its Price-To-Sales Ratio (2.8x) compared to the estimated Fair Price-To-Sales Ratio (2.2x).

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 534076 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹498.40
₹698.33
+40.1%
10.3%₹799.00₹633.00n/a3
Nov ’25₹595.75
₹751.67
+26.2%
11.8%₹854.00₹637.00n/a3
Oct ’25₹623.40
₹751.67
+20.6%
11.8%₹854.00₹637.00n/a3
Sep ’25₹613.40
₹751.67
+22.5%
11.8%₹854.00₹637.00n/a3
Aug ’25₹600.60
₹768.67
+28.0%
12.3%₹854.00₹637.00n/a3
Jul ’25₹642.80
₹768.67
+19.6%
12.3%₹854.00₹637.00n/a3
Jun ’25₹704.80
₹768.67
+9.1%
12.3%₹854.00₹637.00n/a3
May ’25₹649.40
₹736.33
+13.4%
12.2%₹854.00₹637.00n/a3
Apr ’25₹575.00
₹736.33
+28.1%
12.2%₹854.00₹637.00n/a3
Mar ’25₹577.65
₹736.33
+27.5%
12.2%₹854.00₹637.00n/a3
Feb ’25₹724.70
₹825.33
+13.9%
7.1%₹870.00₹742.00n/a3
Jan ’25₹803.35
₹796.25
-0.9%
9.0%₹870.00₹709.00n/a4
Dec ’24₹753.45
₹796.25
+5.7%
9.0%₹870.00₹709.00n/a4
Nov ’24₹677.45
₹782.75
+15.5%
10.9%₹871.00₹687.00₹595.754
Oct ’24₹746.50
₹753.33
+0.9%
10.5%₹864.00₹687.00₹623.403
Sep ’24₹713.10
₹753.33
+5.6%
10.5%₹864.00₹687.00₹613.403
Aug ’24₹678.55
₹690.67
+1.8%
2.9%₹709.00₹663.00₹600.603
Jul ’24₹646.00
₹690.67
+6.9%
2.9%₹709.00₹663.00₹642.803
Jun ’24₹653.05
₹681.50
+4.4%
2.7%₹700.00₹663.00₹704.802
May ’24₹641.85
₹709.00
+10.5%
1.3%₹718.00₹700.00₹649.402
Apr ’24₹629.65
₹709.00
+12.6%
1.3%₹718.00₹700.00₹575.002
Mar ’24₹649.60
₹720.00
+10.8%
4.2%₹750.00₹690.00₹577.652
Feb ’24₹788.35
₹785.00
-0.4%
12.1%₹880.00₹690.00₹724.702
Jan ’24₹840.05
₹735.00
-12.5%
6.1%₹780.00₹690.00₹803.352
Dec ’23₹797.35
₹735.00
-7.8%
6.1%₹780.00₹690.00₹753.452
Nov ’23₹638.70
₹725.00
+13.5%
7.6%₹780.00₹670.00₹677.452

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

Discover undervalued companies

UPL

₹410.5b

Engages in the provision of sustainable agriculture products and solutions in India, Europe, North America, Latin America, and internationally.

UPL

₹555.75

7D

5.7%

1Y

-1.8%

MOIL

₹59.0b

Engages in the exploration, development, and marketing of various grades of manganese ores in India.

533286

₹288.15

7D

-2.8%

1Y

-1.9%

Maharashtra Seamless

₹81.7b

Manufactures and sells seamless steel pipes and tubes in India.

500265

₹628.30

7D

3.4%

1Y

-31.8%