Carborundum Universal Limited

NSEI:CARBORUNIV Stock Report

Market Cap: ₹269.0b

Carborundum Universal Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: CARBORUNIV (₹1413.3) is trading above our estimate of fair value (₹667.22)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CARBORUNIV. This is calculated by dividing CARBORUNIV's market cap by their current earnings.
What is CARBORUNIV's PE Ratio?
PE Ratio56.6x
Earnings₹4.75b
Market Cap₹269.02b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CARBORUNIV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.3x
500184 Himadri Speciality Chemical
50xn/a₹241.2b
500165 Kansai Nerolac Paints
34.4x11.6%₹214.7b
506401 Deepak Nitrite
42.7x16.6%₹364.2b
500870 Castrol India
21.9x9.5%₹196.4b
CARBORUNIV Carborundum Universal
56.6x17.6%₹269.0b

Price-To-Earnings vs Peers: CARBORUNIV is expensive based on its Price-To-Earnings Ratio (56.6x) compared to the peer average (37.3x).

Price to Earnings Ratio vs Industry

How does CARBORUNIV'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$65.09m
UNIVPHOTO Universus Photo Imagings
5xn/aUS$49.67m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.43m
526143 MPL Plastics
1.7xn/aUS$1.91m
CARBORUNIV 56.6xIndustry Avg. 31.4xNo. of Companies35PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CARBORUNIV is expensive based on its Price-To-Earnings Ratio (56.6x) compared to the Indian Chemicals industry average (31.4x).

Price to Earnings Ratio vs Fair Ratio

What is CARBORUNIV'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.

CARBORUNIV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.6x
Fair PE Ratio31.8x

Price-To-Earnings vs Fair Ratio: CARBORUNIV is expensive based on its Price-To-Earnings Ratio (56.6x) compared to the estimated Fair Price-To-Earnings Ratio (31.8x).

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 CARBORUNIV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,413.30
₹1,524.80
+7.9%
12.2%₹1,750.00₹1,198.00n/a10
Nov ’25₹1,392.90
₹1,630.60
+17.1%
12.5%₹1,950.00₹1,320.00n/a10
Oct ’25₹1,469.85
₹1,630.60
+10.9%
12.5%₹1,950.00₹1,320.00n/a10
Sep ’25₹1,524.80
₹1,593.64
+4.5%
13.6%₹1,950.00₹1,304.00n/a11
Aug ’25₹1,709.05
₹1,587.25
-7.1%
12.6%₹1,950.00₹1,304.00n/a12
Jul ’25₹1,678.50
₹1,510.17
-10.0%
13.1%₹1,700.00₹1,027.00n/a12
Jun ’25₹1,593.40
₹1,510.17
-5.2%
13.1%₹1,700.00₹1,027.00n/a12
May ’25₹1,422.30
₹1,264.83
-11.1%
10.6%₹1,500.00₹942.00n/a12
Apr ’25₹1,298.35
₹1,243.45
-4.2%
9.5%₹1,347.00₹942.00n/a11
Mar ’25₹1,081.55
₹1,243.45
+15.0%
9.5%₹1,347.00₹942.00n/a11
Feb ’25₹1,127.75
₹1,234.91
+9.5%
9.4%₹1,408.00₹971.00n/a11
Jan ’25₹1,116.80
₹1,234.91
+10.6%
9.4%₹1,408.00₹971.00n/a11
Dec ’24₹1,161.50
₹1,234.91
+6.3%
9.4%₹1,408.00₹971.00n/a11
Nov ’24₹1,064.65
₹1,234.91
+16.0%
9.4%₹1,408.00₹971.00₹1,392.9011
Oct ’24₹1,177.00
₹1,336.70
+13.6%
8.4%₹1,482.00₹1,118.00₹1,469.8510
Sep ’24₹1,136.35
₹1,308.82
+15.2%
10.6%₹1,482.00₹1,030.00₹1,524.8011
Aug ’24₹1,286.65
₹1,249.64
-2.9%
11.8%₹1,501.00₹997.00₹1,709.0511
Jul ’24₹1,197.90
₹1,233.10
+2.9%
12.0%₹1,501.00₹997.00₹1,678.5010
Jun ’24₹1,156.35
₹1,203.33
+4.1%
10.3%₹1,318.00₹997.00₹1,593.409
May ’24₹1,077.30
₹1,095.40
+1.7%
8.0%₹1,202.00₹939.00₹1,422.3010
Apr ’24₹985.70
₹1,095.40
+11.1%
8.0%₹1,202.00₹939.00₹1,298.3510
Mar ’24₹974.70
₹1,086.73
+11.5%
8.1%₹1,202.00₹939.00₹1,081.5511
Feb ’24₹975.40
₹982.09
+0.7%
6.3%₹1,100.00₹862.00₹1,127.7511
Jan ’24₹875.20
₹982.09
+12.2%
6.3%₹1,100.00₹862.00₹1,116.8011
Dec ’23₹838.65
₹975.27
+16.3%
6.8%₹1,100.00₹862.00₹1,161.5011
Nov ’23₹838.60
₹969.64
+15.6%
7.2%₹1,100.00₹862.00₹1,064.6511

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

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