Coromandel International Limited

NSEI:COROMANDEL Stock Report

Market Cap: ₹520.8b

Coromandel International Valuation

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

Below Fair Value: COROMANDEL (₹1768) is trading above our estimate of fair value (₹778.23)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for COROMANDEL. This is calculated by dividing COROMANDEL's market cap by their current earnings.
What is COROMANDEL's PE Ratio?
PE Ratio38.1x
Earnings₹13.66b
Market Cap₹520.83b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for COROMANDEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.2x
523642 PI Industries
35.4x9.1%₹627.6b
506285 Bayer CropScience
44.9x23.7%₹260.1b
SUMICHEM Sumitomo Chemical India
52.6x18.8%₹254.4b
CHAMBLFERT Chambal Fertilisers and Chemicals
11.8x9.4%₹182.5b
COROMANDEL Coromandel International
38.1x23.1%₹520.8b

Price-To-Earnings vs Peers: COROMANDEL is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the peer average (36.2x).

Price to Earnings Ratio vs Industry

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

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.9xn/aUS$104.29m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$64.62m
UNIVPHOTO Universus Photo Imagings
5xn/aUS$49.59m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.15m
COROMANDEL 38.1xIndustry Avg. 31.4xNo. of Companies36PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: COROMANDEL is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the Indian Chemicals industry average (31.4x).

Price to Earnings Ratio vs Fair Ratio

What is COROMANDEL'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.

COROMANDEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.1x
Fair PE Ratio36.4x

Price-To-Earnings vs Fair Ratio: COROMANDEL is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the estimated Fair Price-To-Earnings Ratio (36.4x).

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 COROMANDEL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,768.00
₹1,776.40
+0.5%
14.5%₹2,170.00₹1,300.00n/a10
Nov ’25₹1,691.80
₹1,776.40
+5.0%
14.5%₹2,170.00₹1,300.00n/a10
Oct ’25₹1,728.00
₹1,763.00
+2.0%
14.0%₹1,970.00₹1,275.00n/a10
Sep ’25₹1,758.25
₹1,763.00
+0.3%
14.0%₹1,970.00₹1,275.00n/a10
Aug ’25₹1,633.70
₹1,387.33
-15.1%
15.2%₹1,810.00₹1,125.00n/a9
Jul ’25₹1,597.20
₹1,344.70
-15.8%
10.7%₹1,670.00₹1,125.00n/a10
Jun ’25₹1,307.30
₹1,295.70
-0.9%
8.9%₹1,400.00₹1,025.00n/a10
May ’25₹1,207.85
₹1,262.60
+4.5%
8.7%₹1,400.00₹1,025.00n/a10
Apr ’25₹1,114.45
₹1,198.40
+7.5%
8.2%₹1,340.00₹1,015.00n/a10
Mar ’25₹1,087.45
₹1,198.40
+10.2%
8.2%₹1,340.00₹1,015.00n/a10
Feb ’25₹1,070.50
₹1,223.40
+14.3%
9.6%₹1,430.00₹1,015.00n/a10
Jan ’25₹1,247.65
₹1,258.45
+0.9%
8.7%₹1,430.00₹1,000.00n/a11
Dec ’24₹1,169.60
₹1,239.55
+6.0%
7.7%₹1,390.00₹1,000.00n/a11
Nov ’24₹1,048.95
₹1,233.60
+17.6%
8.0%₹1,390.00₹1,000.00₹1,691.8010
Oct ’24₹1,146.30
₹1,204.80
+5.1%
6.6%₹1,360.00₹1,075.00₹1,728.0010
Sep ’24₹1,111.00
₹1,204.80
+8.4%
6.6%₹1,360.00₹1,075.00₹1,758.2510
Aug ’24₹1,043.40
₹1,204.80
+15.5%
6.6%₹1,360.00₹1,075.00₹1,633.7010
Jul ’24₹948.40
₹1,205.13
+27.1%
7.3%₹1,360.00₹1,065.00₹1,597.208
Jun ’24₹946.65
₹1,179.80
+24.6%
8.0%₹1,360.00₹1,058.00₹1,307.3010
May ’24₹942.45
₹1,173.00
+24.5%
8.8%₹1,350.00₹1,050.00₹1,207.8510
Apr ’24₹879.25
₹1,164.00
+32.4%
7.9%₹1,350.00₹1,050.00₹1,114.4510
Mar ’24₹913.10
₹1,163.18
+27.4%
7.5%₹1,350.00₹1,050.00₹1,087.4511
Feb ’24₹900.45
₹1,158.18
+28.6%
6.9%₹1,323.00₹1,045.00₹1,070.5011
Jan ’24₹887.15
₹1,150.00
+29.6%
6.1%₹1,323.00₹1,058.00₹1,247.6510
Dec ’23₹918.50
₹1,150.00
+25.2%
6.1%₹1,323.00₹1,058.00₹1,169.6010
Nov ’23₹964.00
₹1,154.89
+19.8%
8.0%₹1,250.00₹972.00₹1,048.959

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

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