Akzo Nobel India Valuation

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

AKZOINDIA (₹3735.25) is trading above our estimate of [[fair value]] (₹1486.83)

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

Below Fair Value: AKZOINDIA (₹3735.25) is trading above our estimate of fair value (₹1486.83)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AKZOINDIA. This is calculated by dividing AKZOINDIA's market cap by their current earnings.
What is AKZOINDIA's PE Ratio?
PE Ratio	38.9x
Earnings	₹4.35b
Market Cap	₹169.92b

AKZOINDIA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	4.1x
Enterprise Value/EBITDA	26.2x
PEG Ratio	3.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AKZOINDIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	52x
FINEORG Fine Organic Industries	36.1x	9.2%	₹158.3b
524200 Vinati Organics	52.4x	19.9%	₹193.1b
532504 Navin Fluorine International	66.7x	32.2%	₹173.5b
CLEAN Clean Science and Technology	53x	24.1%	₹138.0b
AKZOINDIA Akzo Nobel India	38.9x	10.5%	₹169.9b

Price-To-Earnings vs Peers: AKZOINDIA is good value based on its Price-To-Earnings Ratio (38.9x) compared to the peer average (52x).

Price to Earnings Ratio vs Industry

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

5 Companies	Price / Earnings	Estimated Growth	Market Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals	0.3x	n/a	US$68.03m
UNIVPHOTO Universus Photo Imagings	5x	n/a	US$50.42m
526773 Pressure Sensitive Systems (India)	0.6x	n/a	US$7.59m
526143 MPL Plastics	1.8x	n/a	US$1.96m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AKZOINDIA is expensive based on its Price-To-Earnings Ratio (38.9x) compared to the Indian Chemicals industry average (32.4x).

Price to Earnings Ratio vs Fair Ratio

What is AKZOINDIA'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.

AKZOINDIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	38.9x
Fair PE Ratio	26.6x

Price-To-Earnings vs Fair Ratio: AKZOINDIA is expensive based on its Price-To-Earnings Ratio (38.9x) compared to the estimated Fair Price-To-Earnings Ratio (26.6x).

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 AKZOINDIA forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	₹3,735.25	₹4,246.00 +13.7%	11.9%	₹4,750.00	₹3,742.00	n/a	2
Nov ’25	₹4,518.50	₹3,000.00 -33.6%	10.0%	₹3,300.00	₹2,700.00	n/a	2
Oct ’25	₹3,934.65	₹3,000.00 -23.8%	10.0%	₹3,300.00	₹2,700.00	n/a	2
Sep ’25	₹3,465.15	₹3,000.00 -13.4%	10.0%	₹3,300.00	₹2,700.00	n/a	2
Aug ’25	₹3,111.75	₹2,600.50 -16.4%	0.02%	₹2,601.00	₹2,600.00	n/a	2
Jul ’25	₹2,862.30	₹2,600.50 -9.1%	0.02%	₹2,601.00	₹2,600.00	n/a	2
Jun ’25	₹2,565.55	₹2,560.50 -0.2%	1.6%	₹2,601.00	₹2,520.00	n/a	2

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

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