Greenply Industries Limited

NSEI:GREENPLY Stock Report

Market Cap: ₹41.2b

Greenply Industries Valuation

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

Below Fair Value: GREENPLY (₹335.1) is trading above our estimate of fair value (₹165)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GREENPLY. This is calculated by dividing GREENPLY's market cap by their current earnings.
What is GREENPLY's PE Ratio?
PE Ratio37.2x
Earnings₹1.11b
Market Cap₹41.21b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GREENPLY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average67.1x
GREENPANEL Greenpanel Industries
43x43.1%₹42.4b
532548 Century Plyboards (India)
75.1x42.1%₹162.6b
516003 Duroply Industries
88.8xn/a₹2.6b
540954 Indian Wood Products
61.6xn/a₹2.8b
GREENPLY Greenply Industries
37.2x31.0%₹41.2b

Price-To-Earnings vs Peers: GREENPLY is good value based on its Price-To-Earnings Ratio (37.2x) compared to the peer average (67.1x).

Price to Earnings Ratio vs Industry

How does GREENPLY'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
GREENPLY 37.2xIndustry Avg. 27.4xNo. of Companies11PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GREENPLY is expensive based on its Price-To-Earnings Ratio (37.2x) compared to the Indian Forestry industry average (27.4x).

Price to Earnings Ratio vs Fair Ratio

What is GREENPLY'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.

GREENPLY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.2x
Fair PE Ratio36.4x

Price-To-Earnings vs Fair Ratio: GREENPLY is expensive based on its Price-To-Earnings Ratio (37.2x) 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 GREENPLY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹335.10
₹411.08
+22.7%
9.3%₹475.00₹340.00n/a13
Nov ’25₹352.80
₹418.40
+18.6%
9.7%₹475.00₹340.00n/a10
Oct ’25₹382.10
₹403.50
+5.6%
10.6%₹475.00₹340.00n/a10
Sep ’25₹383.90
₹390.40
+1.7%
9.9%₹460.00₹340.00n/a10
Aug ’25₹372.75
₹378.40
+1.5%
10.6%₹460.00₹320.00n/a10
Jul ’25₹329.70
₹304.20
-7.7%
14.0%₹360.00₹218.00n/a10
Jun ’25₹254.95
₹295.64
+16.0%
16.5%₹360.00₹210.00n/a11
May ’25₹256.55
₹287.91
+12.2%
15.1%₹360.00₹207.00n/a11
Apr ’25₹243.60
₹290.36
+19.2%
15.9%₹360.00₹207.00n/a11
Mar ’25₹267.90
₹290.36
+8.4%
15.9%₹360.00₹207.00n/a11
Feb ’25₹244.60
₹260.56
+6.5%
23.5%₹360.00₹185.00n/a9
Jan ’25₹238.50
₹218.00
-8.6%
15.3%₹300.00₹183.00n/a10
Dec ’24₹200.85
₹218.00
+8.5%
15.3%₹300.00₹183.00n/a10
Nov ’24₹159.40
₹208.25
+30.6%
14.1%₹260.00₹172.00₹352.808
Oct ’24₹164.25
₹209.38
+27.5%
13.7%₹260.00₹173.00₹382.108
Sep ’24₹163.45
₹203.33
+24.4%
15.7%₹260.00₹155.00₹383.909
Aug ’24₹168.70
₹201.11
+19.2%
16.3%₹260.00₹155.00₹372.759
Jul ’24₹178.50
₹200.33
+12.2%
13.1%₹230.00₹155.00₹329.709
Jun ’24₹162.30
₹198.40
+22.2%
13.2%₹230.00₹155.00₹254.9510
May ’24₹144.45
₹204.20
+41.4%
16.4%₹266.00₹155.00₹256.5510
Apr ’24₹138.95
₹204.20
+47.0%
16.4%₹266.00₹155.00₹243.6010
Mar ’24₹138.00
₹211.44
+53.2%
17.5%₹266.00₹155.00₹267.909
Feb ’24₹140.85
₹223.63
+58.8%
13.5%₹266.00₹176.00₹244.608
Jan ’24₹144.65
₹233.78
+61.6%
11.4%₹271.00₹195.00₹238.509
Dec ’23₹162.95
₹233.78
+43.5%
11.4%₹271.00₹195.00₹200.859
Nov ’23₹174.05
₹278.56
+60.0%
41.4%₹595.00₹200.00₹159.409

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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