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Magna Electro Castings LtdBOM 517449 Stock Report

Last reporting period 31 Mar, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

0.009

Micro

Exchange

XBOM - Bombay Stock Exchange

View Section: Eyestock Rating

Magna Electro Fair Value

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The fair market value of 517449.BO stock is 386.58 INR. Relative to the market price of 1030 INR Magna Electro is overvalued by 62.5%

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

Greatly overvalued 62.5%
386.58 INR
517449.BO Fair Value
1 030 INR
Market price of 517449.BO

Magna Electro Valuation

Current 517449.BO share ticker price is 1030 INR.

The fair value level of 386.58 INR can be considered as an effective entry point for long-term investors to start investing in 517449.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 62% higher its fair value

Min value

Current price is 76% higher its minimum value

Max value

Current price is 49% higher its maximum value

13.11.2024

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.

517449.BO stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Magna Electro Castings 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

14.81

2

Median P/E over 5 years

10.83

3

Minimum P/E over 5 years

6.9

4

Earning per share (last 12 months)

35.68 INR

Maximum value

1

x

4

=

528.6 INR

Fair value

2

x

4

=

386.58 INR

Minimum value

3

x

4

=

246.26 INR

Magna Electro Castings Ltd price metrics

44.16

Annual return (geometric mean)

50.65

Risk (standard deviation) of returns

β

1.22

Beta (volatility compared to market)

It means that 517449.BO stock is more volatile than the broader market

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View Section: Profitability