Manaksia Steels Limited

NSEI:MANAKSTEEL Stock Report

Market Cap: ₹4.0b

Manaksia Steels Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Share Price vs Fair Value

What is the Fair Price of MANAKSTEEL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.


Key Valuation Metric

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

Key metric:

The above table shows the Price to Earnings ratio for MANAKSTEEL. This is calculated by dividing MANAKSTEEL's market cap by their current earnings.
What is MANAKSTEEL's PE Ratio?
PE Ratio31.2x
Earnings₹120.43m
Market Cap₹3.98b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MANAKSTEEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.4x
541701 Supershakti Metaliks
32.8xn/a₹4.3b
VSTL Vibhor Steel Tubes
28.7xn/a₹3.7b
517449 Magna Electro Castings
22.2xn/a₹4.8b
MWL Mangalam Worldwide
14xn/a₹4.2b
MANAKSTEEL Manaksia Steels
31.2xn/a₹4.0b


Price to Earnings Ratio vs Industry

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

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
590078 Maithan Alloys
3.5xn/aUS$333.67m
526608 Electrotherm (India)
3.1xn/aUS$131.67m
PRAKASHSTL Prakash Steelage
3.8xn/aUS$16.00m
522165 Indsil Hydro Power and Manganese
1.3xn/aUS$14.87m
MANAKSTEEL 31.2xIndustry Avg. 23.8xNo. of Companies30PE01632486480+
9 CompaniesEstimated GrowthMarket Cap
No more companies


Price to Earnings Ratio vs Fair Ratio

What is MANAKSTEEL'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.

MANAKSTEEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.2x
Fair PE Ration/a


Analyst Price Targets

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/24 12:30
End of Day Share Price 2025/01/24 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

Manaksia Steels Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijay MadunalaFirstCall Research