Chemplast Sanmar Limited

NSEI:CHEMPLASTS Stock Report

Market Cap: ₹79.5b

Chemplast Sanmar Valuation

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

Below Fair Value: CHEMPLASTS (₹499.35) is trading below our estimate of fair value (₹851.72)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for CHEMPLASTS. This is calculated by dividing CHEMPLASTS's market cap by their current revenue.
What is CHEMPLASTS's PS Ratio?
PS Ratio1.9x
Sales₹40.76b
Market Cap₹79.48b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for CHEMPLASTS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.2x
530999 Balaji Amines
4.3x18.1%₹66.2b
LXCHEM Laxmi Organic Industries
2.4x15.3%₹71.9b
506767 Alkyl Amines Chemicals
6.8x19.7%₹100.9b
ACI Archean Chemical Industries
7.4x31.3%₹85.0b
CHEMPLASTS Chemplast Sanmar
1.9x11.9%₹79.0b

Price-To-Sales vs Peers: CHEMPLASTS is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (5.2x).

Price to Sales Ratio vs Industry

How does CHEMPLASTS's PS Ratio compare vs other companies in the IN Chemicals Industry?

28 CompaniesPrice / SalesEstimated GrowthMarket Cap
523630 National Fertilizers
0.3xn/aUS$692.37m
500339 Rain Industries
0.3xn/aUS$605.12m
ZUARI Zuari Agro Chemicals
0.2xn/aUS$112.70m
JAYAGROGN Jayant Agro-Organics
0.4xn/aUS$100.06m
CHEMPLASTS 1.9xIndustry Avg. 1.7xNo. of Companies54PS01.63.24.86.48+
28 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CHEMPLASTS is expensive based on its Price-To-Sales Ratio (1.9x) compared to the Indian Chemicals industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is CHEMPLASTS'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.

CHEMPLASTS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: CHEMPLASTS is expensive based on its Price-To-Sales Ratio (1.9x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).

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 CHEMPLASTS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹499.35
₹565.00
+13.1%
3.5%₹590.00₹535.00n/a4
Nov ’25₹486.50
₹579.75
+19.2%
5.8%₹615.00₹535.00n/a4
Oct ’25₹517.00
₹584.75
+13.1%
4.7%₹615.00₹555.00n/a4
Sep ’25₹502.30
₹584.75
+16.4%
4.7%₹615.00₹555.00n/a4
Aug ’25₹550.05
₹582.25
+5.9%
10.0%₹665.00₹525.00n/a4
Jul ’25₹539.50
₹582.25
+7.9%
10.0%₹665.00₹525.00n/a4
Jun ’25₹469.95
₹554.75
+18.0%
6.0%₹609.00₹525.00n/a4
May ’25₹499.50
₹535.25
+7.2%
7.5%₹580.00₹470.00n/a4
Apr ’25₹460.25
₹550.25
+19.6%
3.4%₹580.00₹530.00n/a4
Mar ’25₹491.95
₹542.75
+10.3%
4.2%₹580.00₹520.00n/a4
Feb ’25₹480.45
₹553.00
+15.1%
4.4%₹580.00₹520.00n/a4
Jan ’25₹488.25
₹545.50
+11.7%
3.4%₹572.00₹520.00n/a4
Dec ’24₹482.85
₹545.50
+13.0%
3.4%₹572.00₹520.00n/a4
Nov ’24₹441.05
₹585.00
+32.6%
1.8%₹600.00₹575.00₹486.503
Oct ’24₹484.15
₹585.00
+20.8%
1.8%₹600.00₹575.00₹517.003
Sep ’24₹528.55
₹585.00
+10.7%
1.8%₹600.00₹575.00₹502.303
Aug ’24₹448.90
₹611.67
+36.3%
1.7%₹625.00₹600.00₹550.053
Jul ’24₹454.60
₹611.67
+34.6%
1.7%₹625.00₹600.00₹539.503
Jun ’24₹446.95
₹611.67
+36.9%
1.7%₹625.00₹600.00₹469.953
May ’24₹428.85
₹636.67
+48.5%
4.1%₹660.00₹600.00₹499.503
Apr ’24₹347.85
₹636.67
+83.0%
4.1%₹660.00₹600.00₹460.253
Mar ’24₹389.85
₹636.67
+63.3%
4.1%₹660.00₹600.00₹491.953
Feb ’24₹432.05
₹615.00
+42.3%
2.0%₹630.00₹600.00₹480.453
Jan ’24₹459.65
₹622.50
+35.4%
1.2%₹630.00₹615.00₹488.252
Dec ’23₹435.30
₹622.50
+43.0%
1.2%₹630.00₹615.00₹482.852
Nov ’23₹381.00
₹752.50
+97.5%
3.7%₹780.00₹725.00₹441.052

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

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