ACC Limited

NSEI:ACC Stock Report

Market Cap: ₹392.4b

ACC Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: ACC (₹2089.6) is trading below our estimate of fair value (₹2635.75)

Significantly Below Fair Value: ACC is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ACC. This is calculated by dividing ACC's market cap by their current earnings.
What is ACC's PE Ratio?
PE Ratio19.2x
Earnings₹20.42b
Market Cap₹392.40b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ACC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average54x
DALBHARAT Dalmia Bharat
44.3x26.6%₹339.1b
532644 J.K. Cement
39.2x24.3%₹319.5b
RAMCOCEM Ramco Cements
80.8x39.2%₹223.3b
SHREECEM Shree Cement
51.7x17.2%₹894.6b
ACC ACC
19.2x12.9%₹392.4b

Price-To-Earnings vs Peers: ACC is good value based on its Price-To-Earnings Ratio (19.2x) compared to the peer average (54x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
ACC 19.2xIndustry Avg. 37.8xNo. of Companies9PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ACC is good value based on its Price-To-Earnings Ratio (19.2x) compared to the Indian Basic Materials industry average (37.8x).

Price to Earnings Ratio vs Fair Ratio

What is ACC'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.

ACC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.2x
Fair PE Ratio30.7x

Price-To-Earnings vs Fair Ratio: ACC is good value based on its Price-To-Earnings Ratio (19.2x) compared to the estimated Fair Price-To-Earnings Ratio (30.7x).

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 ACC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,089.60
₹2,657.56
+27.2%
10.4%₹3,262.00₹2,100.00n/a36
Nov ’25₹2,327.85
₹2,675.49
+14.9%
10.5%₹3,262.00₹2,100.00n/a35
Oct ’25₹2,511.00
₹2,813.62
+12.1%
11.6%₹3,707.00₹2,100.00n/a34
Sep ’25₹2,329.15
₹2,814.51
+20.8%
11.4%₹3,707.00₹2,100.00n/a35
Aug ’25₹2,487.90
₹2,821.74
+13.4%
11.7%₹3,707.00₹2,100.00n/a35
Jul ’25₹2,749.60
₹2,814.80
+2.4%
11.8%₹3,600.00₹2,100.00n/a35
Jun ’25₹2,546.40
₹2,796.51
+9.8%
12.4%₹3,600.00₹2,100.00n/a35
May ’25₹2,531.80
₹2,731.94
+7.9%
14.4%₹3,600.00₹1,975.00n/a34
Apr ’25₹2,544.55
₹2,722.09
+7.0%
13.9%₹3,600.00₹1,975.00n/a34
Mar ’25₹2,695.45
₹2,685.61
-0.4%
13.7%₹3,600.00₹1,975.00n/a33
Feb ’25₹2,530.00
₹2,603.39
+2.9%
15.3%₹3,600.00₹1,970.00n/a33
Jan ’25₹2,243.30
₹2,205.84
-1.7%
9.6%₹2,600.00₹1,650.00n/a32
Dec ’24₹1,900.25
₹2,183.06
+14.9%
9.5%₹2,554.00₹1,650.00n/a34
Nov ’24₹1,843.75
₹2,177.94
+18.1%
9.6%₹2,554.00₹1,650.00₹2,327.8535
Oct ’24₹2,012.25
₹2,170.42
+7.9%
9.1%₹2,554.00₹1,650.00₹2,511.0036
Sep ’24₹2,011.25
₹2,166.35
+7.7%
9.4%₹2,554.00₹1,650.00₹2,329.1537
Aug ’24₹2,010.60
₹2,097.84
+4.3%
10.4%₹2,554.00₹1,650.00₹2,487.9037
Jul ’24₹1,813.70
₹2,088.54
+15.2%
9.9%₹2,600.00₹1,615.00₹2,749.6037
Jun ’24₹1,800.30
₹2,081.49
+15.6%
10.1%₹2,600.00₹1,615.00₹2,546.4037
May ’24₹1,762.85
₹2,187.31
+24.1%
11.7%₹2,800.00₹1,615.00₹2,531.8035
Apr ’24₹1,667.20
₹2,273.69
+36.4%
11.2%₹2,800.00₹1,725.00₹2,544.5535
Mar ’24₹1,769.45
₹2,284.37
+29.1%
11.2%₹2,800.00₹1,725.00₹2,695.4535
Feb ’24₹1,846.45
₹2,341.42
+26.8%
12.5%₹2,900.00₹1,800.00₹2,530.0036
Jan ’24₹2,441.60
₹2,412.32
-1.2%
12.9%₹3,000.00₹1,800.00₹2,243.3037
Dec ’23₹2,577.35
₹2,406.92
-6.6%
12.8%₹3,000.00₹1,800.00₹1,900.2537
Nov ’23₹2,428.05
₹2,414.29
-0.6%
12.5%₹3,000.00₹1,800.00₹1,843.7538

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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