Shyam Metalics and Energy Limited

NSEI:SHYAMMETL Stock Report

Market Cap: ₹223.0b

Shyam Metalics and Energy Valuation

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

Below Fair Value: SHYAMMETL (₹801.95) is trading below our estimate of fair value (₹2576.8)

Significantly Below Fair Value: SHYAMMETL is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SHYAMMETL. This is calculated by dividing SHYAMMETL's market cap by their current earnings.
What is SHYAMMETL's PE Ratio?
PE Ratio26.6x
Earnings₹8.38b
Market Cap₹222.97b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SHYAMMETL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31x
520111 Ratnamani Metals & Tubes
48.1x20.5%₹255.4b
JAIBALAJI Jai Balaji Industries
19.5xn/a₹169.5b
JINDALSAW Jindal Saw
9.6x5.5%₹190.7b
RKFORGE Ramkrishna Forgings
46.7x16.3%₹174.3b
SHYAMMETL Shyam Metalics and Energy
26.6x38.1%₹223.0b

Price-To-Earnings vs Peers: SHYAMMETL is good value based on its Price-To-Earnings Ratio (26.6x) compared to the peer average (31x).

Price to Earnings Ratio vs Industry

How does SHYAMMETL'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$365.09m
526608 Electrotherm (India)
3.1xn/aUS$141.14m
PRAKASHSTL Prakash Steelage
3.8xn/aUS$16.51m
522165 Indsil Hydro Power and Manganese
1.6xn/aUS$16.40m
SHYAMMETL 26.6xIndustry Avg. 23.8xNo. of Companies26PE01632486480+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SHYAMMETL is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the Indian Metals and Mining industry average (23.8x).

Price to Earnings Ratio vs Fair Ratio

What is SHYAMMETL'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.

SHYAMMETL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.6x
Fair PE Ratio48.3x

Price-To-Earnings vs Fair Ratio: SHYAMMETL is good value based on its Price-To-Earnings Ratio (26.6x) compared to the estimated Fair Price-To-Earnings Ratio (48.3x).

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 SHYAMMETL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹801.95
₹886.80
+10.6%
22.0%₹1,200.00₹648.00n/a5
Nov ’25₹840.60
₹817.20
-2.8%
25.4%₹1,200.00₹580.00n/a5
Oct ’25₹903.50
₹817.20
-9.6%
25.4%₹1,200.00₹580.00n/a5
Sep ’25₹797.35
₹817.20
+2.5%
25.4%₹1,200.00₹580.00n/a5
Aug ’25₹739.75
₹722.00
-2.4%
12.5%₹825.00₹580.00n/a4
Jul ’25₹715.10
₹722.00
+1.0%
12.5%₹825.00₹580.00n/a4
Jun ’25₹609.75
₹722.00
+18.4%
12.5%₹825.00₹580.00n/a4
May ’25₹629.05
₹674.80
+7.3%
15.3%₹815.00₹533.00n/a5
Apr ’25₹623.15
₹649.00
+4.1%
16.1%₹815.00₹533.00n/a5
Mar ’25₹671.50
₹654.00
-2.6%
17.2%₹840.00₹533.00n/a5
Feb ’25₹702.25
₹654.00
-6.9%
17.2%₹840.00₹533.00n/a5
Jan ’25₹641.90
₹571.60
-11.0%
11.3%₹690.00₹520.00n/a5
Dec ’24₹468.80
₹571.60
+21.9%
11.3%₹690.00₹520.00n/a5
Nov ’24₹432.85
₹575.20
+32.9%
10.8%₹690.00₹521.00₹840.605
Oct ’24₹441.40
₹585.75
+32.7%
11.2%₹690.00₹521.00₹903.504
Sep ’24₹481.00
₹585.75
+21.8%
11.2%₹690.00₹521.00₹797.354
Aug ’24₹393.75
₹543.67
+38.1%
3.7%₹570.00₹521.00₹739.753
Jul ’24₹358.85
₹493.00
+37.4%
11.3%₹570.00₹439.00₹715.103
Jun ’24₹295.95
₹493.00
+66.6%
11.3%₹570.00₹439.00₹609.753
May ’24₹294.30
₹462.67
+57.2%
16.5%₹570.00₹400.00₹629.053
Apr ’24₹262.85
₹462.67
+76.0%
16.5%₹570.00₹400.00₹623.153
Mar ’24₹277.25
₹412.50
+48.8%
3.0%₹425.00₹400.00₹671.502
Feb ’24₹301.60
₹387.00
+28.3%
8.0%₹425.00₹353.00₹702.254
Jan ’24₹313.60
₹387.00
+23.4%
8.0%₹425.00₹353.00₹641.904
Dec ’23₹294.45
₹387.00
+31.4%
8.0%₹425.00₹353.00₹468.804
Nov ’23₹300.20
₹419.80
+39.8%
25.1%₹607.00₹316.00₹432.855

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

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