63 moons technologies limited

NSEI:63MOONS Stock Report

Market Cap: ₹40.2b

63 moons technologies Valuation

Is 63MOONS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 63MOONS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹13.34
Fair Value
6.4k% overvalued intrinsic discount
0
Number of Analysts

Below Fair Value: 63MOONS (₹873.55) is trading above our estimate of fair value (₹13.34)

Significantly Below Fair Value: 63MOONS is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 63MOONS?

Key metric: As 63MOONS barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 63MOONS. This is calculated by dividing 63MOONS's market cap by their current book value.
What is 63MOONS's PB Ratio?
PB Ratio1.2x
Book₹34.14b
Market Cap₹40.24b

Price to Book Ratio vs Peers

How does 63MOONS's PB Ratio compare to its peers?

The above table shows the PB ratio for 63MOONS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.2x
531209 Nucleus Software Exports
3.7x12.39%₹30.1b
SASKEN Sasken Technologies
2.7xn/a₹21.5b
TANLA Tanla Platforms
3.8x8.50%₹86.6b
ROUTE Route Mobile
2.6x10.07%₹62.9b
63MOONS 63 moons technologies
1.2xn/a₹40.2b

Price-To-Book vs Peers: 63MOONS is good value based on its Price-To-Book Ratio (1.2x) compared to the peer average (3.2x).


Price to Book Ratio vs Industry

How does 63MOONS's PB Ratio compare vs other companies in the IN Software Industry?

5 CompaniesPrice / BookEstimated GrowthMarket Cap
532372 Virinchi
0.5xn/aUS$24.76m
VISESHINFO MPS Infotecnics
0.3xn/aUS$14.25m
GSTL Globesecure Technologies
0.2xn/aUS$1.18m
532340 Omni Ax's Software
0.4xn/aUS$538.02k
63MOONS 1.2xIndustry Avg. 3.0xNo. of Companies9PB0246810+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 63MOONS is good value based on its Price-To-Book Ratio (1.2x) compared to the Indian Software industry average (3x).


Price to Book Ratio vs Fair Ratio

What is 63MOONS's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

63MOONS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 63MOONS's Price-To-Book 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.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/19 18:55
End of Day Share Price 2025/06/19 00:00
Earnings2025/03/31
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

63 moons technologies limited is covered by 8 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
Priya RohiraAxis Capital Limited
Aniruddha BhosaleDeutsche Bank
Anil BurraFirstCall Research