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Dredging Corporation of India LtdNSE DREDGECORP Stock Report

Last reporting period 31 Mar, 2024

Updated 22 Oct, 2024

Last price

Market cap $B

0.109

Micro

Exchange

XNSE - National Stock Exchange Of India

View Section: Eyestock Rating

Dredging of Fair Value

DR

The fair market value of DREDGECORP.NS stock is 912.87 INR. Relative to the market price of 956.15 INR Dredging of is overvalued by 4.5%

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

Overvalued 4.5%
912.87 INR
DREDGECORP.NS Fair Value
956.15 INR
Market price of DREDGECORP.NS

Dredging of Valuation

Current DREDGECORP.NS share ticker price is 956.15 INR.

The fair value level of 912.87 INR can be considered as an effective entry point for long-term investors to start investing in DREDGECORP.NS 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 5% higher its fair value

Min value

Current price is 55% higher its minimum value

Max value

Current price is 214% lower its maximum value

23.10.2024

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.

DREDGECORP.NS stock is overvalued

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

Dredging Corporation of India 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

165.59

2

Median P/E over 5 years

50.27

3

Minimum P/E over 5 years

23.77

4

Earning per share (last 12 months)

18.16 INR

Maximum value

1

x

4

=

3 006.75 INR

Fair value

2

x

4

=

912.87 INR

Minimum value

3

x

4

=

431.54 INR

Dredging Corporation of India Ltd price metrics

25.6

Annual return (geometric mean)

49.9

Risk (standard deviation) of returns

β

0.6

Beta (volatility compared to market)

It means that DREDGECORP.NS stock is less volatile than the broader market

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View Section: Profitability