Hariom Pipe Industries Limited

NSEI:HARIOMPIPE Stock Report

Market Cap: ₹17.7b

Hariom Pipe Industries Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: HARIOMPIPE (₹570.25) is trading above our estimate of fair value (₹6.93)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HARIOMPIPE. This is calculated by dividing HARIOMPIPE's market cap by their current earnings.
What is HARIOMPIPE's PE Ratio?
PE Ratio29.5x
Earnings₹598.39m
Market Cap₹17.66b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HARIOMPIPE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.8x
500460 Mukand
19.2xn/a₹18.9b
RAMASTEEL Rama Steel Tubes
71.9xn/a₹18.6b
513517 Steelcast
24.6xn/a₹15.4b
MSPL MSP Steel & Power
107.5xn/a₹16.2b
HARIOMPIPE Hariom Pipe Industries
29.5xn/a₹17.7b

Price-To-Earnings vs Peers: HARIOMPIPE is good value based on its Price-To-Earnings Ratio (29.5x) compared to the peer average (55.8x).


Price to Earnings Ratio vs Industry

How does HARIOMPIPE's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
590078 Maithan Alloys
3.7xn/aUS$366.23m
526608 Electrotherm (India)
3.3xn/aUS$148.29m
522165 Indsil Hydro Power and Manganese
1.6xn/aUS$16.64m
PRAKASHSTL Prakash Steelage
3.8xn/aUS$16.58m
HARIOMPIPE 29.5xIndustry Avg. 24.2xNo. of Companies25PE01632486480+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HARIOMPIPE is expensive based on its Price-To-Earnings Ratio (29.5x) compared to the Indian Metals and Mining industry average (23.8x).


Price to Earnings Ratio vs Fair Ratio

What is HARIOMPIPE'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.

HARIOMPIPE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HARIOMPIPE's Price-To-Earnings 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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