Nuvoco Vistas Corporation Limited

NSEI:NUVOCO Stock Report

Market Cap: ₹120.7b

Nuvoco Vistas Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: NUVOCO (₹334.55) is trading below our estimate of fair value (₹352.05)

Significantly Below Fair Value: NUVOCO is trading below fair value, but not by a significant amount.


Key Valuation Metric

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

Key metric: As NUVOCO is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NUVOCO. This is calculated by dividing NUVOCO's market cap by their current revenue.
What is NUVOCO's PS Ratio?
PS Ratio1.2x
Sales₹102.59b
Market Cap₹120.74b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for NUVOCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.5x
INDIACEM India Cements
2.5x10.9%₹110.0b
500338 Prism Johnson
1.3x7.4%₹91.8b
500380 JK Lakshmi Cement
1.4x10.5%₹88.6b
500335 Birla
0.9x7.0%₹83.3b
NUVOCO Nuvoco Vistas
1.2x7.6%₹119.5b

Price-To-Sales vs Peers: NUVOCO is good value based on its Price-To-Sales Ratio (1.2x) compared to the peer average (1.5x).


Price to Sales Ratio vs Industry

How does NUVOCO's PS Ratio compare vs other companies in the IN Basic Materials Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
502271 Raasi Refractories
0.2xn/aUS$1.10m
No more companies available in this PS range
NUVOCO 1.2xIndustry Avg. 2.0xNo. of Companies10PS01.22.43.64.86+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NUVOCO is good value based on its Price-To-Sales Ratio (1.2x) compared to the Indian Basic Materials industry average (2x).


Price to Sales Ratio vs Fair Ratio

What is NUVOCO'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.

NUVOCO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.2x
Fair PS Ratio3.4x

Price-To-Sales vs Fair Ratio: NUVOCO is good value based on its Price-To-Sales Ratio (1.2x) compared to the estimated Fair Price-To-Sales Ratio (3.4x).


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 NUVOCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹334.55
₹361.53
+8.1%
8.0%₹423.00₹300.00n/a17
Nov ’25₹360.70
₹361.53
+0.2%
8.0%₹423.00₹300.00n/a17
Oct ’25₹360.70
₹376.65
+4.4%
8.2%₹450.00₹325.00n/a17
Sep ’25₹339.80
₹376.65
+10.8%
8.2%₹450.00₹325.00n/a17
Aug ’25₹346.40
₹386.18
+11.5%
9.7%₹475.00₹325.00n/a17
Jul ’25₹371.50
₹386.24
+4.0%
9.9%₹475.00₹325.00n/a17
Jun ’25₹314.45
₹387.61
+23.3%
9.9%₹475.00₹325.00n/a18
May ’25₹338.60
₹389.00
+14.9%
8.2%₹440.00₹335.00n/a18
Apr ’25₹320.35
₹397.06
+23.9%
10.4%₹515.00₹335.00n/a18
Mar ’25₹337.15
₹400.88
+18.9%
9.9%₹515.00₹335.00n/a17
Feb ’25₹356.00
₹395.33
+11.0%
7.3%₹440.00₹335.00n/a15
Jan ’25₹377.20
₹396.07
+5.0%
7.0%₹441.00₹350.00n/a15
Dec ’24₹370.00
₹397.00
+7.3%
7.2%₹441.00₹350.00n/a14
Nov ’24₹338.35
₹385.31
+13.9%
8.2%₹441.00₹315.00₹360.7013
Oct ’24₹372.05
₹386.46
+3.9%
8.5%₹441.00₹315.00₹360.7013
Sep ’24₹344.80
₹393.47
+14.1%
9.1%₹450.00₹315.00₹339.8015
Aug ’24₹360.85
₹387.93
+7.5%
10.3%₹450.00₹315.00₹346.4015
Jul ’24₹351.05
₹386.71
+10.2%
10.6%₹450.00₹315.00₹371.5014
Jun ’24₹342.50
₹383.38
+11.9%
10.6%₹450.00₹315.00₹314.4513
May ’24₹329.90
₹392.69
+19.0%
9.9%₹450.00₹315.00₹338.6013
Apr ’24₹344.90
₹393.46
+14.1%
10.0%₹450.00₹315.00₹320.3513
Mar ’24₹352.00
₹388.75
+10.4%
9.6%₹450.00₹315.00₹337.1512
Feb ’24₹357.45
₹405.00
+13.3%
12.1%₹490.00₹315.00₹356.0011
Jan ’24₹365.05
₹401.67
+10.0%
11.8%₹475.00₹315.00₹377.2012
Dec ’23₹377.35
₹401.67
+6.4%
11.8%₹475.00₹315.00₹370.0012
Nov ’23₹398.35
₹388.58
-2.5%
13.4%₹475.00₹315.00₹338.3512

Analyst Forecast: Target price is less than 20% higher than the current share price.


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