Coforge Limited

BSE:532541 Stock Report

Market Cap: ₹576.3b

Coforge Valuation

Is 532541 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 532541 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

₹622.98
Fair Value
176.0% overvalued intrinsic discount
32
Number of Analysts

Below Fair Value: 532541 (₹1722.4) is trading above our estimate of fair value (₹622.98)

Significantly Below Fair Value: 532541 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532541?

Key metric: As 532541 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532541. This is calculated by dividing 532541's market cap by their current earnings.
What is 532541's PE Ratio?
PE Ratio61.6x
Earnings₹9.35b
Market Cap₹576.27b

Price to Earnings Ratio vs Peers

How does 532541's PE Ratio compare to its peers?

The above table shows the PE ratio for 532541 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.6x
PERSISTENT Persistent Systems
52.7x17.87%₹799.6b
526299 Mphasis
30.4x11.74%₹529.2b
HEXT Hexaware Technologies
32.8x13.62%₹436.4b
TATATECH Tata Technologies
42.3x12.71%₹289.8b
532541 Coforge
61.6x24.90%₹576.3b

Price-To-Earnings vs Peers: 532541 is expensive based on its Price-To-Earnings Ratio (61.6x) compared to the peer average (39.6x).


Price to Earnings Ratio vs Industry

How does 532541's PE Ratio compare vs other companies in the IN IT Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0.05xn/aUS$130.33k
No more companies available in this PE range
532541 61.6xIndustry Avg. 27.7xNo. of Companies21PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532541 is expensive based on its Price-To-Earnings Ratio (61.6x) compared to the Indian IT industry average (27.6x).


Price to Earnings Ratio vs Fair Ratio

What is 532541'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.

532541 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio61.6x
Fair PE Ratio39.5x

Price-To-Earnings vs Fair Ratio: 532541 is expensive based on its Price-To-Earnings Ratio (61.6x) compared to the estimated Fair Price-To-Earnings Ratio (39.5x).


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 532541 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,722.40
₹1,871.41
+8.65%
15.76%₹2,400.00₹1,140.00n/a32
Oct ’26₹1,600.85
₹1,876.56
+17.22%
15.45%₹2,400.00₹1,140.00n/a32
Sep ’26₹1,765.85
₹1,875.94
+6.23%
14.89%₹2,400.00₹1,140.00n/a31
Aug ’26₹1,704.10
₹1,884.06
+10.56%
14.71%₹2,400.00₹1,140.00n/a31
Jul ’26₹1,921.15
₹1,816.10
-5.47%
16.56%₹2,400.00₹1,140.00n/a31
Jun ’26₹1,710.22
₹1,725.06
+0.87%
15.78%₹2,200.00₹1,144.00n/a31
May ’26₹1,459.50
₹1,749.89
+19.90%
18.85%₹2,400.00₹1,044.00n/a31
Apr ’26₹1,556.20
₹1,816.82
+16.75%
18.28%₹2,400.00₹1,044.00n/a31
Mar ’26₹1,472.77
₹1,855.17
+25.96%
18.62%₹2,400.00₹1,044.00n/a29
Feb ’26₹1,615.00
₹1,872.52
+15.95%
18.85%₹2,400.00₹1,044.00n/a30
Jan ’26₹1,925.50
₹1,642.08
-14.72%
17.67%₹2,300.00₹992.00n/a29
Dec ’25₹1,739.01
₹1,569.19
-9.77%
16.54%₹2,000.00₹948.00n/a29
Nov ’25₹1,510.70
₹1,562.41
+3.42%
16.56%₹2,000.00₹948.00n/a29
Oct ’25₹1,425.08
₹1,354.81
-4.93%
16.51%₹1,860.00₹904.00₹1,600.8530
Sep ’25₹1,268.16
₹1,243.67
-1.93%
13.24%₹1,436.00₹892.00₹1,765.8530
Aug ’25₹1,257.33
₹1,241.01
-1.30%
13.14%₹1,436.00₹892.00₹1,704.1030
Jul ’25₹1,103.02
₹1,121.33
+1.66%
13.69%₹1,400.00₹808.00₹1,921.1529
Jun ’25₹994.63
₹1,105.58
+11.15%
14.69%₹1,400.00₹784.00₹1,710.2228
May ’25₹1,020.02
₹1,295.59
+27.02%
12.43%₹1,534.00₹800.00₹1,459.5028
Apr ’25₹1,098.16
₹1,305.04
+18.84%
13.13%₹1,534.00₹800.00₹1,556.2026
Mar ’25₹1,300.90
₹1,310.84
+0.76%
13.38%₹1,534.00₹777.00₹1,472.7726
Feb ’25₹1,234.14
₹1,286.49
+4.24%
14.40%₹1,534.00₹777.00₹1,615.0026
Jan ’25₹1,238.00
₹1,124.66
-9.16%
14.57%₹1,482.60₹739.00₹1,925.5025
Dec ’24₹1,142.92
₹1,098.32
-3.90%
13.90%₹1,320.00₹739.00₹1,739.0125
Nov ’24₹1,005.10
₹1,098.32
+9.27%
13.90%₹1,320.00₹739.00₹1,510.7025
Oct ’24₹1,020.24
₹1,035.59
+1.50%
15.40%₹1,330.00₹738.00₹1,425.0826
₹1.87k
Fair Value
8.1% undervalued intrinsic discount
32
Number of Analysts

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/10 13:53
End of Day Share Price 2025/10/10 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Coforge Limited is covered by 49 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
Mohit JainAnand Rathi Shares and Stock Brokers Limited