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Medinova Diagnostic Services LtdBOM 526301 Stock Report

Last reporting period 31 Mar, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

0.002

Micro

Exchange

XBOM - Bombay Stock Exchange

View Section: Eyestock Rating

Medinova Diagnostic Fair Value

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The fair market value of 526301.BO stock is 31.2 INR. Relative to the market price of 38.5 INR Medinova Diagnostic is overvalued by 19%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 19%
31.2 INR
526301.BO Fair Value
38.5 INR
Market price of 526301.BO

Medinova Diagnostic Valuation

Current 526301.BO share ticker price is 38.5 INR.

The fair value level of 31.2 INR can be considered as an effective entry point for long-term investors to start investing in 526301.BO stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 19% higher its fair value

Min value

Current price is 43% higher its minimum value

Max value

Current price is 30% lower its maximum value

07.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

526301.BO stock is overvalued

It means the current price may concern as a Risky Entry Point

Medinova Diagnostic Services Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

24.53

2

Median P/E over 5 years

15.33

3

Minimum P/E over 5 years

10.72

4

Earning per share (last 12 months)

2.04 INR

Maximum value

1

x

4

=

49.94 INR

Fair value

2

x

4

=

31.2 INR

Minimum value

3

x

4

=

21.82 INR

Medinova Diagnostic Services Ltd price metrics

25.04

Annual return (geometric mean)

56.85

Risk (standard deviation) of returns

β

0.69

Beta (volatility compared to market)

It means that 526301.BO stock is less volatile than the broader market

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View Section: Profitability