Ester Industries Limited

NSEI:ESTER Stock Report

Market Cap: ₹14.3b

Ester Industries Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: Insufficient data to calculate ESTER's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ESTER's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ESTER. This is calculated by dividing ESTER's market cap by their current revenue.
What is ESTER's PS Ratio?
PS Ratio1.2x
Sales₹11.62b
Market Cap₹14.29b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ESTER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
ANDHRSUGAR Andhra Sugars
0.7xn/a₹13.6b
JGCHEM J.G. Chemicals
2.3xn/a₹17.0b
SRHHYPOLTD Sree Rayalaseema Hi-Strength Hypo
1.6xn/a₹11.7b
506248 Amines & Plasticizers
2.2xn/a₹14.8b
ESTER Ester Industries
1.2xn/a₹14.3b

Price-To-Sales vs Peers: ESTER is good value based on its Price-To-Sales Ratio (1.2x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

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

28 CompaniesPrice / SalesEstimated GrowthMarket Cap
523630 National Fertilizers
0.3xn/aUS$708.60m
500339 Rain Industries
0.3xn/aUS$611.11m
ZUARI Zuari Agro Chemicals
0.3xn/aUS$118.31m
JAYAGROGN Jayant Agro-Organics
0.4xn/aUS$101.92m
ESTER 1.2xIndustry Avg. 1.8xNo. of Companies51PS01.63.24.86.48+
28 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ESTER is good value based on its Price-To-Sales Ratio (1.2x) compared to the Indian Chemicals industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is ESTER'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.

ESTER PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ESTER's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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