Greenpanel Industries Limited

NSEI:GREENPANEL Stock Report

Market Cap: ₹43.9b

Greenpanel Industries Valuation

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

Below Fair Value: GREENPANEL (₹348.15) is trading above our estimate of fair value (₹184.19)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GREENPANEL. This is calculated by dividing GREENPANEL's market cap by their current earnings.
What is GREENPANEL's PE Ratio?
PE Ratio43.1x
Earnings₹991.26m
Market Cap₹43.91b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GREENPANEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average62x
GREENPLY Greenply Industries
34.8x31.0%₹39.3b
532548 Century Plyboards (India)
77.6x42.0%₹170.1b
540954 Indian Wood Products
65.7xn/a₹3.5b
WIPL Western India Plywoods
69.8xn/a₹2.1b
GREENPANEL Greenpanel Industries
43.1x43.4%₹43.9b

Price-To-Earnings vs Peers: GREENPANEL is good value based on its Price-To-Earnings Ratio (43.1x) compared to the peer average (62x).

Price to Earnings Ratio vs Industry

How does GREENPANEL's PE Ratio compare vs other companies in the IN Forestry Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
GREENPANEL 43.1xIndustry Avg. 24.7xNo. of Companies13PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GREENPANEL is expensive based on its Price-To-Earnings Ratio (43.1x) compared to the Indian Forestry industry average (24.7x).

Price to Earnings Ratio vs Fair Ratio

What is GREENPANEL'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.

GREENPANEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio43.1x
Fair PE Ratio41.5x

Price-To-Earnings vs Fair Ratio: GREENPANEL is expensive based on its Price-To-Earnings Ratio (43.1x) compared to the estimated Fair Price-To-Earnings Ratio (41.5x).

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 GREENPANEL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹348.15
₹420.50
+20.8%
13.5%₹550.00₹320.00n/a18
Dec ’25₹347.35
₹417.11
+20.1%
13.8%₹550.00₹320.00n/a18
Nov ’25₹385.65
₹408.24
+5.9%
12.9%₹550.00₹320.00n/a17
Oct ’25₹395.35
₹379.31
-4.1%
10.2%₹459.00₹315.00n/a16
Sep ’25₹395.40
₹369.31
-6.6%
10.1%₹433.00₹299.00n/a16
Aug ’25₹371.35
₹363.81
-2.0%
10.4%₹433.00₹299.00n/a16
Jul ’25₹330.10
₹341.75
+3.5%
10.8%₹433.00₹285.00n/a16
Jun ’25₹295.55
₹341.13
+15.4%
10.9%₹433.00₹285.00n/a16
May ’25₹315.80
₹414.20
+31.2%
10.4%₹472.00₹345.00n/a15
Apr ’25₹321.40
₹428.73
+33.4%
9.9%₹481.00₹345.00n/a15
Mar ’25₹374.70
₹433.93
+15.8%
10.0%₹510.00₹350.00n/a15
Feb ’25₹387.65
₹432.21
+11.5%
11.0%₹498.00₹310.00n/a14
Jan ’25₹419.40
₹403.54
-3.8%
12.9%₹481.00₹310.00n/a13
Dec ’24₹350.40
₹399.15
+13.9%
12.4%₹486.00₹310.00₹347.3513
Nov ’24₹345.50
₹395.62
+14.5%
16.0%₹509.00₹280.00₹385.6513
Oct ’24₹379.95
₹404.50
+6.5%
15.4%₹509.00₹280.00₹395.3512
Sep ’24₹381.50
₹404.50
+6.0%
15.4%₹509.00₹280.00₹395.4012
Aug ’24₹341.70
₹404.50
+18.4%
15.4%₹509.00₹280.00₹371.3512
Jul ’24₹332.60
₹405.91
+22.0%
22.0%₹595.00₹280.00₹330.1011
Jun ’24₹324.50
₹399.50
+23.1%
22.8%₹595.00₹280.00₹295.5510
May ’24₹298.30
₹426.90
+43.1%
21.0%₹595.00₹290.00₹315.8010
Apr ’24₹272.05
₹435.90
+60.2%
21.3%₹595.00₹290.00₹321.4010
Mar ’24₹284.60
₹446.70
+57.0%
22.7%₹595.00₹290.00₹374.7010
Feb ’24₹299.85
₹475.70
+58.6%
22.0%₹620.00₹310.00₹387.6510
Jan ’24₹337.35
₹545.70
+61.8%
18.8%₹668.00₹310.00₹419.4010
Dec ’23₹387.70
₹583.30
+50.5%
12.7%₹686.00₹400.00₹350.4010

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 12:16
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Greenpanel Industries Limited is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rishab BothraAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited